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Trade What You See - Almost Naked Trading

  • #14,521
  • May 3, 2011 10:25am May 3, 2011 10:25am
[quote=spzd;4589503]I'm in.

Did I jump the gun by not wainting for better confirmation? Maybe. But this is one of the things I'll have to work out going from theory to practical application of this method.
Mark ... Everything you have been told is a LIE
  • #14,522
  • May 3, 2011 10:28am May 3, 2011 10:28am
NU 3 Tap
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  • #14,523
  • May 3, 2011 10:29am May 3, 2011 10:29am
Quoting qweretyq
I'm not sure where to take profit on this... can't find any major S/R levels (except maybe on the daily) up about 95 pips... any suggestions?
I usually take partial profit at round numbers, because they are strong psychological levels. In this case it would be 1.42000.
  • #14,524
  • Edited 11:47am May 3, 2011 10:35am | Edited 11:47am
Lots of nice Zorro trades going on now.. This one got me +35
(And got me out of a rotten trade, as I entered on the bottom as a BO... that's the full story..
dbl (my brother) is behind me saying "you're not talking about the loss, punk", so here it is..)
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  • #14,525
  • May 3, 2011 10:37am May 3, 2011 10:37am
Another ZC here, same on AUDJPY and CADJPY
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  • #14,526
  • May 3, 2011 10:39am May 3, 2011 10:39am
Just noticed this EURUSD H4 is in a channel here.

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Mark ... Everything you have been told is a LIE
  • #14,527
  • May 3, 2011 10:49am May 3, 2011 10:49am
These 2 might be worth watching H1

EURCAD

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EURGBP

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Mark ... Everything you have been told is a LIE
  • #14,528
  • May 3, 2011 10:54am May 3, 2011 10:54am
Sorry for the lack of quality in my charts. My desktop crashed and I'm using my laptop.
Mark ... Everything you have been told is a LIE
  • #14,529
  • May 3, 2011 11:01am May 3, 2011 11:01am
Quoting spzd
Sorry for the lack of quality in my charts. My desktop crashed and I'm using my laptop.
No big deal. When I first started, I had to use a tiny netbook. As long as you can tell what's going on, that's all that matters.
  • #14,530
  • May 3, 2011 11:02am May 3, 2011 11:02am
Quoting spzd
Your in uncharted territory going back 20 years. Might be best to take partial profit and see what the rest does.
I totally agree..take half off the table and let the rest ride until you are thrown off.
  • #14,531
  • May 3, 2011 11:07am May 3, 2011 11:07am
anyone trade gold or silver here?
  • #14,532
  • May 3, 2011 11:14am May 3, 2011 11:14am
Guys, I recommend throwing a 200 EMA onto the higher TF charts just for guidence and focus in these long time frame trades. As below.
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  • #14,533
  • May 3, 2011 11:17am May 3, 2011 11:17am
Quoting Razorman
anyone trade gold or silver here?
Yes we do...just like the pairs. Same setups and all.
  • #14,534
  • May 3, 2011 11:28am May 3, 2011 11:28am
My cat just jumped up on the laptop triggering the close all hot keys. Fortunately both trades were in profit. +21 EURUSD +2.1 EURCAD
Mark ... Everything you have been told is a LIE
  • #14,535
  • May 3, 2011 11:33am May 3, 2011 11:33am
Quoting spzd
My cat just jumped up on the laptop triggering the close all hot keys. Fortunately both trades were in profit. +21 EURUSD +2.1 EURCAD
That is too funny. My cats try to sit on the keyboard too.
  • #14,536
  • May 3, 2011 11:42am May 3, 2011 11:42am
Back into the channel. Waiting to see which way it wants to go.

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Mark ... Everything you have been told is a LIE
  • #14,537
  • May 3, 2011 11:50am May 3, 2011 11:50am
Quoting spzd
My cat just jumped up on the laptop triggering the close all hot keys. Fortunately both trades were in profit. +21 EURUSD +2.1 EURCAD
Yeah, last night I hit F9 and took a trade on the wrong pair.. Turned into profit.... hehe...
it happens...
  • #14,538
  • May 3, 2011 1:19pm May 3, 2011 1:19pm
Quoting lawgirl21
Guys, I recommend throwing a 200 EMA onto the higher TF charts just for guidence and focus in these long time frame trades. As below.
Curious to how you use this MA. Conventional wisdom says use a 200 SMA and go long above, short below. Another use would be for determining the general trend.
Mark ... Everything you have been told is a LIE
  • #14,539
  • May 3, 2011 1:26pm May 3, 2011 1:26pm
Quoting FXMajors
<<< Human EA at work. Kicking ass all over the place
Terrific trading! Keep it humble though....
  • #14,540
  • May 3, 2011 1:27pm May 3, 2011 1:27pm
Quoting lawgirl21
Terrific trading! Keep it humble though....
Thanks LG Yes indeed I'm very humble and I thank GOD everyday, he had blessed me with this gift which enables me to help others.
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