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Trade What You See - Almost Naked Trading

  • #14,201
  • Apr 21, 2011 1:05am Apr 21, 2011 1:05am
Quoting jasonnevis
Hi FX,

It's really nice to see someone who can make trading work for them as a full time occupation. Well done! A position that I would like to be in someday.

Do you mind explaining what indicator you are using and why you use them and when?

Always great to hear about success stories!
I second your comments Jason. Great work FX
Fall seven times, stand up Eight! #GGMU
  • #14,202
  • Apr 21, 2011 1:24am Apr 21, 2011 1:24am
Im in this 3 tap. That sma5 looks good also. Also opened EUR/USD long, GBP/USD long, AUD/USD long, USD/CAD short, EUR/GBP long.
Attached Image (click to enlarge)
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  • #14,203
  • Apr 21, 2011 1:29am Apr 21, 2011 1:29am
Quoting Whistlepips
Im in this 3 tap. That sma5 looks good also. Also opened EUR/USD long, GBP/USD long, AUD/USD long, USD/CAD short, EUR/GBP long.
Also long on the EU and GU
  • #14,204
  • Apr 21, 2011 1:38am Apr 21, 2011 1:38am
Quoting Fitness09
Also long on the EU and GU
Thumbs up
  • #14,205
  • Apr 21, 2011 2:10am Apr 21, 2011 2:10am
Top of the morning to you traders! Your thoughts on EU do you think it ran out of steam or it still has few kicks left? Are you Bias short or long at the current price level? @jasonnevis & Vickym thank you much obliged

Cheers
  • #14,206
  • Apr 21, 2011 2:16am Apr 21, 2011 2:16am
Quoting FXMajors
Top of the morning to you traders! Your thoughts on EU do you think it ran out of steam or it still has few kicks left? Your Bias short or long at the current price level? @jasonnevis & Vickym thank you much obliged

Cheers
It's not short
But the R/R is crap for a long so...
  • #14,207
  • Apr 21, 2011 3:09am Apr 21, 2011 3:09am
Quoting FXMajors
Top of the morning to you traders! Your thoughts on EU do you think it ran out of steam or it still has few kicks left? Are you Bias short or long at the current price level? @jasonnevis & Vickym thank you much obliged

Cheers
Could it be on the top of itīs daily/weekly channel? So out of steam and short for me. That ifo business climate 15 min a go didnt miss much from the objective, but it doesnt give any extra steam to E/U. What do you think?
  • #14,208
  • Apr 21, 2011 3:54am Apr 21, 2011 3:54am
@Whistlepips Here is my outlook on EU on a daily chart. I could be wrong.

Cheers
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  • #14,209
  • Apr 21, 2011 6:55am Apr 21, 2011 6:55am
Good morning traders, possible BO approaching...
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  • #14,210
  • Apr 21, 2011 7:19am Apr 21, 2011 7:19am
Another BO approaching...
Attached Image
  • #14,211
  • Apr 21, 2011 7:42am Apr 21, 2011 7:42am
What to choose
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  • #14,212
  • Apr 21, 2011 7:57am Apr 21, 2011 7:57am
Quoting Whistlepips
What to choose
Yeah, bro, it's a fest out there.. Anything you touch this am should turn into gold...
I love thursdays
  • #14,213
  • Apr 21, 2011 8:24am Apr 21, 2011 8:24am
Us oil is goin down, going down, going down..........

Lets see, if itīs going to be one of those + 200 pips roads?

If you check on 15 min charts during last days, you can almost check your clock from it.
  • #14,214
  • Apr 21, 2011 8:50am Apr 21, 2011 8:50am
Quoting pippete
Another BO approaching...
...and it did what we wanted it to do. Hope you are in it.
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  • #14,215
  • Apr 21, 2011 8:55am Apr 21, 2011 8:55am
A beautiful BO. Now retracing and may turn into a ZC opportunity
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  • #14,216
  • Apr 21, 2011 8:59am Apr 21, 2011 8:59am
This recent activity is a case study of a perfectly executed ZC trade.
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  • #14,217
  • Apr 21, 2011 9:03am Apr 21, 2011 9:03am
Not only a beautiful BO, but a BO after hours of consolidation...that is as sure a thing as there is in forex, in my opinion.
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  • #14,218
  • Apr 21, 2011 9:08am Apr 21, 2011 9:08am
Quoting lawgirl21
Not only a beautiful BO, but a BO after hours of consolidation...that is as sure a thing as there is in forex, in my opinion.
There has been another small earthquake in the coast of Japan. All the yen pairs seem to be going on a same direction.
  • #14,219
  • Apr 21, 2011 9:26am Apr 21, 2011 9:26am
Hey LG and others, I know it's a basic question and probably was answered on page 500, but here it is:
Where do you put your SL on 1H BO, especially the evening/Asian ones?
I was thinking at the bottom of the channel, as there is sometimes a retest, then continuation, but often that's 40-50 or more pips away... Would that be still reasonable for a BO trade?
I do use at least 50 for 3T trades to let them breathe, but how do you guys do it for 1H BOs? (I know LG doesn't use much SL, but still curious...)

Wonder if Whistle and the gang has done some backtesting of this...
  • #14,220
  • Apr 21, 2011 9:27am Apr 21, 2011 9:27am
This pair also looks like consolidating nicely. What is your direction bias?
Attached Image (click to enlarge)
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Fall seven times, stand up Eight! #GGMU
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