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Trade What You See - Almost Naked Trading

  • #12,701
  • Mar 23, 2011 6:40pm Mar 23, 2011 6:40pm
Quoting Krypt0n1te
Hi LG

Is 0.74563 your PT?

Thanks

7460--Big Round number, but 74563 is close enough. But TP may change depending on how PA goes.
  • #12,702
  • Mar 23, 2011 6:41pm Mar 23, 2011 6:41pm
Thank You!
  • #12,703
  • Mar 23, 2011 7:03pm Mar 23, 2011 7:03pm
Chart
Attached Image
  • #12,704
  • Mar 23, 2011 7:12pm Mar 23, 2011 7:12pm
Assume PT as 1.357?

Thanks....

Trying my best to learn here.
Thanks for all you do!
  • #12,705
  • Mar 23, 2011 7:14pm Mar 23, 2011 7:14pm
Quoting Krypt0n1te
Assume PT as 1.357?

Thanks....

Trying my best to learn here.
Thanks for all you do!
I don't usually rush to a TP level..there is plenty of time, but I did mark that level as a reasonable support level, but again, things may change depending on PA.

You are very welcome!
  • #12,706
  • Mar 23, 2011 7:19pm Mar 23, 2011 7:19pm
That is what I admire most about you and other "good" traders, the ability to "know" how to react on PA changes.

Everybody's got their horror story's!!!!

I had 2 potential 50 pip trades that triggered my SL within 0.2 pips this week!

...hence what I'm saying...

...the ability to react on PA and then adjust SL and PT or to close trade is a VERY fine art!

I won't give up!
  • #12,707
  • Mar 23, 2011 7:50pm Mar 23, 2011 7:50pm
Quoting Krypt0n1te
That is what I admire most about you and other "good" traders, the ability to "know" how to react on PA changes.

Everybody's got their horror story's!!!!

I had 2 potential 50 pip trades that triggered my SL within 0.2 pips this week!

...hence what I'm saying...

...the ability to react on PA and then adjust SL and PT or to close trade is a VERY fine art!

I won't give up!
practice make percfect... that's what they say..
" Good things come to those who wait " ( bon jovi 'santa Fe' )
  • #12,708
  • Mar 23, 2011 7:58pm Mar 23, 2011 7:58pm
Quoting Lost_angles
practice make percfect... that's what they say..
That's true! Hope I get there...

As the great Gary Player said... "The harder you practice, the luckier you get."
  • #12,709
  • Mar 23, 2011 7:58pm Mar 23, 2011 7:58pm
Quoting Krypt0n1te
That is what I admire most about you and other "good" traders, the ability to "know" how to react on PA changes.

Everybody's got their horror story's!!!!

I had 2 potential 50 pip trades that triggered my SL within 0.2 pips this week!

...hence what I'm saying...

...the ability to react on PA and then adjust SL and PT or to close trade is a VERY fine art!

I won't give up!
Keep practicing, but don't over think it.
  • #12,710
  • Mar 23, 2011 8:00pm Mar 23, 2011 8:00pm
Quoting Fitness09
Keep practicing, but don't over think it.
Something in the lines of... "Keep it simple, Stupid!"
  • #12,711
  • Mar 23, 2011 8:37pm Mar 23, 2011 8:37pm
H4-3T
H1-4C-BO
RSI's are cooperating as well.
Along for the ride.

Attached Image (click to enlarge)
Click to Enlarge Name: eg-03-23-11-h1.gif Size: 14 KB
Listen to the whispers.... You may learn something
  • #12,712
  • Mar 23, 2011 9:54pm Mar 23, 2011 9:54pm
Quoting Scrutch
H4-3T
H1-4C-BO
RSI's are cooperating as well.
Along for the ride.

Attachment
Thank Scrutch for the heads up on this one I'm going to keep my eye on it for an entry. I've liked this currency so far but a person needs to watch its movement. I've made some and lost some with this one.
  • #12,713
  • Mar 23, 2011 11:17pm Mar 23, 2011 11:17pm
Quoting lawgirl21
I've decided to go ahead and enter this trade.
Excellent call!
  • #12,714
  • Mar 23, 2011 11:48pm Mar 23, 2011 11:48pm
This was just posted on the EU thread :
Breaking news Swedish Officials says a Number of Eu Banks failing stress test.
  • #12,715
  • Mar 24, 2011 12:17am Mar 24, 2011 12:17am
3 tap h4??
http://img690.imageshack.us/img690/4093/3taph4.jpg
  • #12,716
  • Mar 24, 2011 5:09am Mar 24, 2011 5:09am
Okay, now when you explained how you time your entries yesterday, that helped a lot. I've now banked +62 pips on two separate trades (H1 4C BO) so far during the London session. I have two more going with one near my TP and the other at +1 so far.
  • #12,717
  • Mar 24, 2011 5:26am Mar 24, 2011 5:26am
Latest trade based on a 4C H1 BO and target at bottom of channel.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 48 KB
  • #12,718
  • Mar 24, 2011 5:30am Mar 24, 2011 5:30am
Yet another win!..+32. I have one or two others. This brings my total today to +87 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 48 KB
  • #12,719
  • Mar 24, 2011 5:45am Mar 24, 2011 5:45am
Hi jdcompute

Thx for the posts, also busy learning here!
  • #12,720
  • Mar 24, 2011 7:00am Mar 24, 2011 7:00am
rbh...Hope you used the eye that had 20/20 and it kept you out of trouble.
I exited when PA started to chop for the fat side of an hour...highlighted zone on chart.
At this point, PA was not acting "normal" for a strong push to the downside to happen.
I see the London crew pushed it 'smartly' to the upper side, while we were sleeping.

Attached Image (click to enlarge)
Click to Enlarge Name: eg-03-24-11-h1.gif Size: 11 KB


Quoting royalbowhunt
Thank Scrutch for the heads up on this one I'm going to keep my eye on it for an entry. I've liked this currency so far but a person needs to watch its movement. I've made some and lost some with this one.
Listen to the whispers.... You may learn something
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