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Trade What You See - Almost Naked Trading

  • #11,901
  • Mar 3, 2011 8:14pm Mar 3, 2011 8:14pm
Quoting pippete
A little afternoon channeling here...

Isn't it a fun way to pass a slow afternoon?
  • #11,902
  • Edited 9:36pm Mar 3, 2011 8:19pm | Edited 9:36pm
I've been in this trade all day thinking it would retrace. It may finally.
Attached Image
  • #11,903
  • Mar 3, 2011 8:21pm Mar 3, 2011 8:21pm
May have some good opportunities for channel trading.
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  • #11,904
  • Mar 3, 2011 8:23pm Mar 3, 2011 8:23pm
Chart
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  • #11,905
  • Mar 3, 2011 8:25pm Mar 3, 2011 8:25pm
Ranges don't get much tighter than this.
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  • #11,906
  • Edited 1:16am Mar 4, 2011 12:55am | Edited 1:16am
Quoting Anthar
Well I think it was a 3T good for at least 20 pips, congrats to you for that trade!
Thanks, got 30pips before retrace, now I'm counting on next 20 from channel trading there. - (update: out with 20 pips)
Time matters most
  • #11,907
  • Edited 6:47am Mar 4, 2011 1:29am | Edited 6:47am
Be carefull with USD pairs today. Fakeouts are possible before nonfarm payrols reading at 13:30 GMT.

On the other hand it may be good opportunity for ride on the move as it was yesterday during Trichet's speech almost promising EUR rate hike in next month. I'll not be on-line at that time, so I will miss this opportunity, but I wish many pips to everyone who decides to ride the candle at payrols time
Time matters most
  • #11,908
  • Mar 4, 2011 7:21am Mar 4, 2011 7:21am
Trying to shave off a few pips on this BEFORE the crazy NFP fireworks. Definitely will close it before the news... CADJPY doing the same...
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  • #11,909
  • Mar 4, 2011 7:50am Mar 4, 2011 7:50am
INTO this trade before the week ends
Not a bad trade for end of the week, up 10 pips

http://img98.imageshack.us/img98/6264/123ksj.png
  • #11,910
  • Mar 4, 2011 7:54am Mar 4, 2011 7:54am
Break out on the short side, into this trade

http://img832.imageshack.us/img832/6844/123qr.png
  • #11,911
  • Mar 4, 2011 7:55am Mar 4, 2011 7:55am
Quoting vany
INTO this trade before the week ends
Not a bad trade for end of the week, up 10 pips

http://img98.imageshack.us/img98/6264/123ksj.png

TP, +15 pips
  • #11,912
  • Mar 4, 2011 8:01am Mar 4, 2011 8:01am
Chart
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  • #11,913
  • Mar 4, 2011 8:03am Mar 4, 2011 8:03am
I finally got out of this trade with +25 pips.
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  • #11,914
  • Mar 4, 2011 8:10am Mar 4, 2011 8:10am
Quoting lawgirl21
Ranges don't get much tighter than this.
Did finally break
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  • #11,915
  • Mar 4, 2011 8:14am Mar 4, 2011 8:14am
Quoting vany
TP, +15 pips
Good trading vany..in and out on days like today.
  • #11,916
  • Mar 4, 2011 8:16am Mar 4, 2011 8:16am
...is about to break out.
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  • #11,917
  • Mar 4, 2011 8:21am Mar 4, 2011 8:21am
Quoting lawgirl21
Good trading vany..in and out on days like today.
Thanks LG, its due to your fine mentoring.
I find that i lose more trades on fridays, maybe it is because its the end of the week
  • #11,918
  • Mar 4, 2011 8:25am Mar 4, 2011 8:25am
Pairs like this, and there are alot of them right now, where the direction is so clear and the candles are divided are fun to trade "up and down". They need to be watched.
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  • #11,919
  • Mar 4, 2011 8:29am Mar 4, 2011 8:29am
Quoting vany
Break out on the short side, into this trade

http://img832.imageshack.us/img832/6844/123qr.png



STOPLOSS HIT, -20 pips
  • #11,920
  • Mar 4, 2011 8:30am Mar 4, 2011 8:30am
Quoting lawgirl21
Chart
CHFJPY making a possible move now... do watch for it
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