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Trade What You See - Almost Naked Trading

  • #12,801
  • Mar 25, 2011 9:01am Mar 25, 2011 9:01am
Quoting Ph22
LG will trade any CBO's (consolidation) as evidenced by her posts ie she has posted about currently watching USDJPY a couple of times in the last week. Doesn't matter if the CBO pair has already had a H1 4CBO. Hope that helps.

Thanks, Ph22...exactly right.
  • #12,802
  • Mar 25, 2011 9:03am Mar 25, 2011 9:03am
Quoting LearningPIPs
H4 3tap too?
Yes, that too. There is confirmation long on at least 2 different set ups in 2 different TFs.
  • #12,803
  • Mar 25, 2011 9:07am Mar 25, 2011 9:07am
Quoting Ph22
LG will trade any CBO's (consolidation) as evidenced by her posts ie she has posted about currently watching USDJPY a couple of times in the last week. Doesn't matter if the CBO pair has already had a H1 4CBO. Hope that helps.
Yes! That's precisely the question I had...just the first 4CBO or any subsequent BO's later in the day after that first one.

Thanks
  • #12,804
  • Mar 25, 2011 9:20am Mar 25, 2011 9:20am
I officially have no clue what I am doing........
  • #12,805
  • Mar 25, 2011 9:27am Mar 25, 2011 9:27am
I have placed at least 15 trades this week and only one of them was a loss!
  • #12,806
  • Mar 25, 2011 9:29am Mar 25, 2011 9:29am
Quoting jdcompute
I have placed at least 15 trades this week and only one of them was a loss!
Nice work jd
  • #12,807
  • Mar 25, 2011 9:29am Mar 25, 2011 9:29am
Quoting Fitness09
I officially have no clue what I am doing........
except when you were +100 on your aud/nzd trade this week
  • #12,808
  • Mar 25, 2011 9:35am Mar 25, 2011 9:35am
Hi Lawgirl21,

Do you pay attention to news announcements, interest rate decisions etc. when looking for trades? or do you avoid the markets when certain announcements are due?

Learning a lot from you on this thread.

Many thanks & good trading,

psj73.
  • #12,809
  • Mar 25, 2011 9:36am Mar 25, 2011 9:36am
Quoting LearningPIPs
H4 3tap too?
out with +21.
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  • #12,810
  • Mar 25, 2011 9:37am Mar 25, 2011 9:37am
Quoting LearningPIPs
out with +21.
Good job!
  • #12,811
  • Mar 25, 2011 10:15am Mar 25, 2011 10:15am
I'm done for the week. See you all back on Sunday afternoon for gaps. Have a wonderful weekend all!
  • #12,812
  • Mar 25, 2011 10:17am Mar 25, 2011 10:17am
Got 45.1 pips this pair.This is a good note to close the week of trading.
With God all things are possible.
  • #12,813
  • Mar 25, 2011 10:18am Mar 25, 2011 10:18am
Quoting lawgirl21
I'm done for the week. See you all back on Sunday afternoon for gaps. Have a wonderful weekend all!
Great weekend to u too LG!
  • #12,814
  • Edited 11:35am Mar 25, 2011 10:38am | Edited 11:35am
Just entered on the close of the M15 candle outside the resistance line. Looking to make one last win for the week..

**Edit: Out at +20 due to late morning and it being Friday, I'd rather not give anything back ;-)
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  • #12,815
  • Mar 25, 2011 11:31am Mar 25, 2011 11:31am
Out with +36 on this one..
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  • #12,816
  • Mar 25, 2011 11:51am Mar 25, 2011 11:51am
Quoting dct
Still cant get the H1 BO am i taking the scout line from the close of the first complete hour bar including wick, or do i drop to M15 once the hour breaks and get the scout line from the first complete 15 m bar?!
So, I know you're not online anymore, but I hope you'll read this eventually. I'll try to explain this by using a recent example, take that NZDUSD false brakeout they were discusing in the past few posts... we'll take a look at the reason why LG didn't enter the trade

So here's what you see at the H1 graph, and the second graph is the M15 where you go to look for an entry...
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Flp. 4:13
  • #12,817
  • Mar 25, 2011 11:55am Mar 25, 2011 11:55am
Quoting jdcompute
Out with +36 on this one..
Woww, nice trades mate! go and enjoy your weekend. You deserve it
Flp. 4:13
  • #12,818
  • Mar 25, 2011 1:00pm Mar 25, 2011 1:00pm
[quote=Anthar;4499769]So, I know you're not online anymore, but I hope you'll read this eventually. I'll try to explain this by using a recent example, take that NZDUSD false brakeout they were discusing in the past few posts... we'll take a look at the reason why LG didn't enter the trade

So here's what you see at the H1 graph, and the second graph is the M15 where you go to look for an entry...[/q

Thanks for the lesson Anthar. Very clear and concise.
  • #12,819
  • Mar 25, 2011 1:12pm Mar 25, 2011 1:12pm
that was a brilliant explanation.

that is the one!
  • #12,820
  • Mar 25, 2011 1:26pm Mar 25, 2011 1:26pm
[quote=Fitness09;4499995]
Quoting Anthar
So, I know you're not online anymore, but I hope you'll read this eventually. I'll try to explain this by using a recent example, take that NZDUSD false brakeout they were discusing in the past few posts... we'll take a look at the reason why LG didn't enter the trade

So here's what you see at the H1 graph, and the second graph is the M15 where you go to look for an entry...[/q

Thanks for the lesson Anthar. Very clear and concise.
Glad it helps have a great weekend you all, see you on monday...
Flp. 4:13
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