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Trade What You See - Almost Naked Trading

  • #12,961
  • Mar 29, 2011 7:43am Mar 29, 2011 7:43am
Possible BO here soon. Waiting for PA to clear that scout wick...
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  • #12,962
  • Mar 29, 2011 8:17am Mar 29, 2011 8:17am
Quoting lawgirl21
No, not yet..it is being very stubborn!
We finally got an entry here, but I was asleep.
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  • #12,963
  • Mar 29, 2011 8:23am Mar 29, 2011 8:23am
Quoting lawgirl21
We all do that. I still do too often. Waiting is the hardest part of trading, I think.
You are exactly right here! A couple of 3 taps finished today. + 110 pips
A couple of H1 C4īs keep hanging around 15 pips on a negative side.
Perhaps itīs not a good idea to open positions during opening and closing times +-30min?
  • #12,964
  • Mar 29, 2011 8:25am Mar 29, 2011 8:25am
...on USDCAD - +25
EURUSD - +45
CADJPY - +25
  • #12,965
  • Mar 29, 2011 8:26am Mar 29, 2011 8:26am
Morning L G do you use the 3 tap on the H1 charts having all 4 RSI`s in the same direction ?!
  • #12,966
  • Mar 29, 2011 8:28am Mar 29, 2011 8:28am
Quoting pippete
4H 3tap here... Hoping for a few pips here...
Out with +30 pips
  • #12,967
  • Mar 29, 2011 8:28am Mar 29, 2011 8:28am
..is struggling... -16 pips
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  • #12,968
  • Mar 29, 2011 8:31am Mar 29, 2011 8:31am
Quoting dct
Morning L G do you use the 3 tap on the H1 charts having all 4 RSI`s in the same direction ?!
Weekly, daily, and H4.
  • #12,969
  • Mar 29, 2011 8:32am Mar 29, 2011 8:32am
Quoting pippete
Good morning.. A few nice BOs and moves in Yen pairs.
Yes, that was a beauty..classic BO.
  • #12,970
  • Mar 29, 2011 8:34am Mar 29, 2011 8:34am
I took pips when EU went long, now looking to enter short and take more pips.
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  • #12,971
  • Mar 29, 2011 8:38am Mar 29, 2011 8:38am
Just like a regular H1 4C BO, price has to close below the scout line and next M15 continue down before a short entry here. I just make both lines because they were so close.
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  • #12,972
  • Mar 29, 2011 8:41am Mar 29, 2011 8:41am
Looking for an entry here.
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  • #12,973
  • Mar 29, 2011 8:45am Mar 29, 2011 8:45am
Quoting lawgirl21
..is struggling... -16 pips

Did you close this? I'm assuming you shorted, if you closed, would you explain why. Thanks

Great thread btw.
  • #12,974
  • Mar 29, 2011 8:45am Mar 29, 2011 8:45am
May be in retrace now for a ZC trade.
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  • #12,975
  • Mar 29, 2011 8:47am Mar 29, 2011 8:47am
Quoting oeden
Did you close this? I'm assuming you shorted, if you closed, would you explain why. Thanks

Great thread btw.
No, I am still in. It looks like it is may still head down. I generally don't close unless there is a decisive and continued move against my position. That is not the case here.

Thanks!
  • #12,976
  • Mar 29, 2011 8:49am Mar 29, 2011 8:49am
Quoting lawgirl21
No, I am still in. It looks like it is may still head down. I generally don't close unless there is a decisive and continued move against my position. That is not the case here.

Thanks!
I thought that was the case and was scratching my head. thanks. HH
  • #12,977
  • Mar 29, 2011 8:51am Mar 29, 2011 8:51am
Same here..retrace.
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  • #12,978
  • Mar 29, 2011 8:53am Mar 29, 2011 8:53am
Classic set up for a ZC trade.
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  • #12,979
  • Mar 29, 2011 8:56am Mar 29, 2011 8:56am
Last night 4C H1 BO

EURUSD long +30
GBPJPY long +22
CADJPY long +27

GPBUSD long -35
USDCAD short -4
NZDUSD long -18
AUSUSD short -42

Most of misses were due to late entry and not paying attention to close areas of S/R. All came within 10-15 pips of hitting my TP.
  • #12,980
  • Mar 29, 2011 9:11am Mar 29, 2011 9:11am
Good morning LG, what is your strategy around major news release?
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