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Trade What You See - Almost Naked Trading

  • #15,101
  • May 20, 2011 9:15am May 20, 2011 9:15am
Quoting lawgirl21
Look what that "classic" BO did......

But if you had a chance to watch this pair, you would have noticed those weak, little, no body candles...4 in a row..telling us that the "thrill is gone"...or at least winding down. This would have been a fun pair to watch and go in and out of.
Thank you for posting this chart. I got in at 1.4238 moved to break even. I hope to see it break 1.4200 and contiue down. Sure looks like hard support. Monthy angle is still pointing at about 5:00
  • #15,102
  • May 20, 2011 9:16am May 20, 2011 9:16am
Could not be more perfect a BO.
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  • #15,103
  • May 20, 2011 9:17am May 20, 2011 9:17am
Another one...almost too many to post, after a very slow week.
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  • #15,104
  • May 20, 2011 9:20am May 20, 2011 9:20am
Chart
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  • #15,105
  • May 20, 2011 9:21am May 20, 2011 9:21am
Quoting gasservettes
Thank you for posting this chart. I got in at 1.4238 moved to break even. I hope to see it break 1.4200 and contiue down. Sure looks like hard support. Monthy angle is still pointing at about 5:00
I chickened out LOL +17 I see the pair rotating up off the 1.4200. I'll wait and get back in again.
  • #15,106
  • May 20, 2011 9:28am May 20, 2011 9:28am
Quoting goldenequity
nice.
the monthly current caught your bottle.
What an intriguing spot on the charts; and it's Friday. lol

http://img833.imageshack.us/img833/36/gbpe.png
Yes, my bottle seems to have picked up the current. We'll se what happens next week.
  • #15,107
  • May 20, 2011 9:31am May 20, 2011 9:31am
I had 2 Daily positions in this pair...one hit SL, the other hit BE.
Attached Image
  • #15,108
  • May 20, 2011 5:20pm May 20, 2011 5:20pm
Quoting goldenequity
I did something similar when Scrutch first gave the indicator
using the options within the original.
I found it to be a large resource drain on MT4.
What's your experience so far with your mod?
thx ahead.
There was some redundant code and array storage and when I changed this it sped up nicely.
  • #15,109
  • May 21, 2011 7:17am May 21, 2011 7:17am
Quoting onedognight
There was some redundant code and array storage and when I changed this it sped up nicely.
"You Never Know.....Until You Find Out."
  • #15,110
  • May 22, 2011 11:04am May 22, 2011 11:04am
Last week, the third trading week of the month, was tough on the monthly trades.

I started my monthly trades with a $100,000 demo trading account. By Friday, May 13th it was up to $120,900. By May 15th it was at its highest..$125,300.

Then last week. I have taken most of the profits on GBPUSD but am still holding 3 small positions. AUDCAD has gone from short to long and there may be an exit early this week if that continues.

GBPJPY is negative, although the monthly RSI still shows short. The account is at $114,600 now. This week will be interesting.
Attached Images
  • #15,111
  • May 22, 2011 11:08am May 22, 2011 11:08am
Quoting lawgirl21
Last week, the third trading week of the month, was tough on the monthly trades.

I started my monthly trades with a $100,000 demo trading account....
turned demo girl?
Hero calls followed by margin calls...
  • #15,112
  • May 22, 2011 3:53pm May 22, 2011 3:53pm
Looks like a weak Gap week. I'm only seeing EURUSD and possibly EURCHF if the spreads aren't too bad. Updates to come.
Enter Signature
  • #15,113
  • May 22, 2011 4:08pm May 22, 2011 4:08pm
In Long on the following:

EURUSD - 22 pip gap
EURCHF - 12 pip gap
GBPUSD - 19 pip gap

Spreads are accounted for in the above #s, what's listed is potential profit.
Enter Signature
  • #15,114
  • May 22, 2011 4:13pm May 22, 2011 4:13pm
I'm in EURUSD and AUDUSD.. may pull the plug on the aussie prematurely though, it's got me on more than one occasion with regard to gaps
  • #15,115
  • May 22, 2011 4:33pm May 22, 2011 4:33pm
Hey there,

In&Out on TP on eur/usd & usdchf... Still waiting for nzdusd...
  • #15,116
  • May 22, 2011 4:42pm May 22, 2011 4:42pm
back in on the eur/usd, aud/usd still workin.. didnt see the nzd.. but that looks ok too
  • #15,117
  • May 22, 2011 7:33pm May 22, 2011 7:33pm
Quoting lawgirl21
Last week, the third trading week of the month, was tough on the monthly trades.

I started my monthly trades with a $100,000 demo trading account....
Lawgirl,

Are you using Synergy technique?

Should try on real account, small mini lot or micro lot for a start.
  • #15,118
  • May 22, 2011 7:57pm May 22, 2011 7:57pm
Quoting truent
back in on the eur/usd, aud/usd still workin.. didnt see the nzd.. but that looks ok too
Aye. I don't trade any AUD/NZD pairs for gap trading for a few reasons, but those 2 look good as well.
Enter Signature
  • #15,119
  • May 22, 2011 8:50pm May 22, 2011 8:50pm
some painful gaps so far!! Let's hope they reverse
Enter Signature
  • #15,120
  • May 22, 2011 10:47pm May 22, 2011 10:47pm
Greetings LG.

I came across these thread few days back. 1000 pages will take a long time to go through. But I like to contribute to the thread and ask questions along the way..

H4 is given three taps. Daily and weekly trend are in agreement.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy h4.gif Size: 23 KB
Click to Enlarge Name: audjpy dly.gif Size: 22 KB
Click to Enlarge Name: audjpy wk.gif Size: 22 KB
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