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Trade What You See - Almost Naked Trading

  • #16,401
  • Jun 23, 2011 10:26pm Jun 23, 2011 10:26pm
Quoting lawgirl21
I am not seeing any good BO set ups yet. Does anyone see anything?
Just took a short on this one. Not the best. Nothing else looks workable yet.
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  • #16,402
  • Jun 23, 2011 10:32pm Jun 23, 2011 10:32pm
Agree! Haven't noticed any BOs yet . TGIF !!!
  • #16,403
  • Jun 23, 2011 10:42pm Jun 23, 2011 10:42pm
Yeah EJ and EU are a possible BO up, too early to tell though. I hope you meant up.


Quoting JGforex7780
I dont see anything either but keeping EU under close watch.
  • #16,404
  • Jun 23, 2011 10:52pm Jun 23, 2011 10:52pm
Don't expect anything till London. I'll be sleeping then Hazards of living in CST.

Check back in NY open for all the details. Good pip hunting everyone.
  • #16,405
  • Jun 23, 2011 11:17pm Jun 23, 2011 11:17pm
3T H4 and Breakout to trade...
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There`s no life before COFFEE!
  • #16,406
  • Jun 23, 2011 11:45pm Jun 23, 2011 11:45pm
3T H4 Trade to come...
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There`s no life before COFFEE!
  • #16,407
  • Jun 24, 2011 12:21am Jun 24, 2011 12:21am
Quoting lawgirl21
I am not seeing any good BO set ups yet. Does anyone see anything?
not a BO, but 4 h 3 tap:

nzd/chf
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  • #16,408
  • Jun 24, 2011 1:50am Jun 24, 2011 1:50am
1H BO, i think - anyhow, i am in
  • #16,409
  • Jun 24, 2011 1:54am Jun 24, 2011 1:54am
ps - technically its a 3T and a MT trade as well (i wont mention that it ends a 50%fib retracement!)
  • #16,410
  • Jun 24, 2011 2:21am Jun 24, 2011 2:21am
is it just me or do we have a greater chance of a successful BO trade if its filtered by trend ?

If against the trend the quicker profit taking or move to BE earlier.

This is just the way I have been seeing it, still following all LG rules on entry PA
also obviously catching a trend is a great way of entering a MT trade



Quiet morning for BO today, so far




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  • #16,411
  • Jun 24, 2011 2:25am Jun 24, 2011 2:25am
3 4h tap in USDJPY. LONGhttp://www.forexfactory.com/images/icons/icon10.gif
patient....
  • #16,412
  • Jun 24, 2011 3:24am Jun 24, 2011 3:24am
Quoting johntan
3 4h tap in USDJPY. LONGhttp://www.forexfactory.com/images/icons/icon10.gif
Yep, but look at the RSI...
  • #16,413
  • Jun 24, 2011 3:33am Jun 24, 2011 3:33am
Quoting The Sage
Yep, but look at the RSI...
yes. did look at the rsi jz now. all show up. but next candle change the rsi.
patient....
  • #16,414
  • Jun 24, 2011 6:01am Jun 24, 2011 6:01am
anyone get profit on this day BO?
"Trade Until I Come Back" Luke
  • #16,415
  • Jun 24, 2011 6:07am Jun 24, 2011 6:07am
Yes lots of profit today on 1h BO
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  • #16,416
  • Jun 24, 2011 7:49am Jun 24, 2011 7:49am
Looks pretty choppy and eratic so far this morning. I don't see any good BO setups yet. A lot of quick moves followed by reversals.
  • #16,417
  • Jun 24, 2011 8:12am Jun 24, 2011 8:12am
Quoting airbeat
Just took a short on this one. Not the best. Nothing else looks workable yet.
I am posting this to show my error in taking this trade before letting the candle close. I Must let the candle close before entering then watching for follow through in the direction of my anticiapted trade.
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  • #16,418
  • Jun 24, 2011 8:17am Jun 24, 2011 8:17am
Quoting airbeat
Looks pretty choppy and eratic so far this morning. I don't see any good BO setups yet. A lot of quick moves followed by reversals.
I agree. My scan of the pairs did not show any real BOs just alot of chop. It happens...
  • #16,419
  • Jun 24, 2011 8:18am Jun 24, 2011 8:18am
Quoting eltax100
Yes lots of profit today on 1h BO
Good to hear! You must have been watching closely. Did you catch those one candle big moves, eltax?
  • #16,420
  • Jun 24, 2011 9:44am Jun 24, 2011 9:44am
Well today is living up to its name "Freaky Friday" See you all next week. Im done today. For me it was a mixed bag this week. Started out well but ended with a few too many dumb mistakes. Learning from those mistakes is the key. Have a good weekend everyone.
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