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Trade What You See - Almost Naked Trading

  • #12,181
  • Mar 13, 2011 5:24pm Mar 13, 2011 5:24pm
Trading the yen pairs now will be like playing roulette. Red or Black (in this case Blue) anyone?
  • #12,182
  • Mar 13, 2011 5:27pm Mar 13, 2011 5:27pm
I am in eurgbp but might be a long wait
  • #12,183
  • Mar 13, 2011 5:31pm Mar 13, 2011 5:31pm
half gap is filled, i moved my tp to 1.3915
  • #12,184
  • Mar 13, 2011 5:34pm Mar 13, 2011 5:34pm
Quoting Guerrillawar
Euro/yen down almost two handles. You gotta love it. Just makes you wonder who gapped it up.
BOJ intervene with 36 billions of dollars in banks liquidity...i am skipping todays gaps...
Help to be helped.
  • #12,185
  • Mar 13, 2011 5:34pm Mar 13, 2011 5:34pm
Quoting truent
half gap is filled, i moved my tp to 1.3915
I moved my TP down too.
  • #12,186
  • Mar 13, 2011 5:36pm Mar 13, 2011 5:36pm
Quoting truent
half gap is filled, i moved my tp to 1.3915
Closed EU .. cash in me .. Love this Trade.. Good luck Everybody
  • #12,187
  • Mar 13, 2011 5:36pm Mar 13, 2011 5:36pm
Quoting Ph22
I am in eurgbp but might be a long wait
Seems to be moving down nicely.
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  • #12,188
  • Mar 13, 2011 5:40pm Mar 13, 2011 5:40pm
Quoting Triple Kiss
Closed EU .. cash in me .. Love this Trade.. Good luck Everybody
Also closed this, with 35pips, quick and efficient
Time matters most
  • #12,189
  • Mar 13, 2011 5:53pm Mar 13, 2011 5:53pm
Out with a total of 52 pips. Still negative EURAUD.
  • #12,190
  • Mar 13, 2011 5:53pm Mar 13, 2011 5:53pm
Good trading on the EU everyone.
  • #12,191
  • Mar 13, 2011 6:06pm Mar 13, 2011 6:06pm
Quoting lawgirl21
Seems to be moving down nicely.
My entry was 8673 so still hanging around BE at the moment.
  • #12,192
  • Edited 7:32pm Mar 13, 2011 6:25pm | Edited 7:32pm
I don't understand why everyone would square their shorts. Are you guys that good that you can nail it to the pip and catch just about everything. Your position was proved right, why not add in a defensive manner???

It appears on a daily that a gap fill is just about certain. Plus DX rarely leaves a gap open.
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  • #12,193
  • Mar 13, 2011 7:56pm Mar 13, 2011 7:56pm
Quoting Guerrillawar
I don't understand why everyone would square their shorts. Are you guys that good that you can nail it to the pip and catch just about everything. Your position was proved right, why not add in a defensive manner???

It appears on a daily that a gap fill is just about certain. Plus DX rarely leaves a gap open.
Gaps are almost certain to fill, but speaking for myself, I am looking to make 20-30 pips per pair and exit. Gaps are an anomaly to a large extent and there is much debate as to whether they are "real". They also are counter-intuitive which makes them a little spooky.

In and out and wait for other market indications is generally how I have recommended trading them. Of course, that is a decision each trader has to make for themselves.
  • #12,194
  • Mar 13, 2011 8:42pm Mar 13, 2011 8:42pm
ZC Trade setting up
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  • #12,195
  • Mar 13, 2011 8:44pm Mar 13, 2011 8:44pm
BO setting up
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  • #12,196
  • Mar 13, 2011 8:45pm Mar 13, 2011 8:45pm
BO setting up
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  • #12,197
  • Mar 13, 2011 8:48pm Mar 13, 2011 8:48pm
BO Setting up
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  • #12,198
  • Mar 14, 2011 2:52am Mar 14, 2011 2:52am
excuse me,lawgirl ..could gently explain why in in the last chart EURCAD 1 hour you write BO setting up? certainly im wrong but it seems setting down
tracking the 4 hours line...


thanks in advance
  • #12,199
  • Mar 14, 2011 3:41am Mar 14, 2011 3:41am
Quoting cortez53
excuse me,lawgirl ..could gently explain why in in the last chart EURCAD 1 hour you write BO setting up? certainly im wrong but it seems setting down
tracking the 4 hours line...


thanks in advance
Hi cortez53,

I think that "up" is not for direction but for set-up as for something what triggers to make something happened. Direction is visible on the chart

cheers.
Time matters most
  • #12,200
  • Mar 14, 2011 3:49am Mar 14, 2011 3:49am
Quoting blackqn
Hi cortez53,

I think that "up" is not for direction but for set-up as for something what triggers to make something happened. Direction is visible on the chart

cheers.

thank you,,
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