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Trade What You See - Almost Naked Trading

  • #17,721
  • Sep 20, 2011 9:08pm Sep 20, 2011 9:08pm
Quoting pippete
A winner and a loser... nasty whipsaw on all JPY pairs, stay away from them... crazy jumpy tonight...
Attachment Attachment
I really, really hate that stop hunting like we just saw. Price is coming back now, but we are seeing more and more of this whipsawing to take out stops these days.
  • #17,722
  • Sep 20, 2011 9:26pm Sep 20, 2011 9:26pm
Quoting lawgirl21
I really, really hate that stop hunting like we just saw. Price is coming back now, but we are seeing more and more of this whipsawing to take out stops these days.
Ms. Counselor, esq.!!! Nice to see you, master LG! Hope you just came from the bank after unloading your wheelbarrow...
  • #17,723
  • Sep 20, 2011 9:39pm Sep 20, 2011 9:39pm
Quoting pippete
Ms. Counselor, esq.!!! Nice to see you, master LG! Hope you just came from the bank after unloading your wheelbarrow...

You are too funny, doc! I check in almost every day and you are carrying on just fine without me. As you know, I needed to get back to more active trading and was just not having the time.

How are those gallbladders you work on?
  • #17,724
  • Sep 20, 2011 10:21pm Sep 20, 2011 10:21pm
Quoting lawgirl21
You are too funny, doc! I check in almost every day and you are carrying on just fine without me. As you know, I needed to get back to more active trading and was just not having the time.

How are those gallbladders you work on?
Full of stones, then we yank the sac out.. Busy as can be, not ready to quit the day job yet... I wish trading was more exact of a science. Japan, Switzerland, everybody messing up this great venture.. Oh well, on to the next trade. I guess I'm doing ok after my first year of trading. I decided to read the thread again to fine tune some entries/exits as it's not consistent enough yet. Good to hear from ya, Rebecca, many pips to ya. God bless!
  • #17,725
  • Sep 21, 2011 3:07am Sep 21, 2011 3:07am
I just entered this trade.
Reasons:
- M15 candle closed outsite the box and candle low was broken
- H1 and H4 in downtrend based on 150 EMA and 365 EMA
- H4 closed as a BEOB on H4
- price has enough space to travel until it hits resistance on D1

Let's see
Andreas
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
  • #17,726
  • Sep 21, 2011 7:20am Sep 21, 2011 7:20am
Short in AUDUSD

Reasons:
- All RSI point down
- STO(8,3,3) confirm RSI
- TDI, RSI Price Line (green) < Trade Signal Line (red)
- price has enough space to travel until it hits soport on D1
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 24 KB
Enter Signature
  • #17,727
  • Sep 21, 2011 7:30am Sep 21, 2011 7:30am
Hi Maudur - a couple of questions if you don't mind.

At what point did you actually enter this trade? What does the little red arrow indicate - is that entry? or exit maybe? Same question for the blue arrow at yesterdays high?
  • #17,728
  • Sep 21, 2011 7:48am Sep 21, 2011 7:48am
Quoting jdg199
Hi Maudur - a couple of questions if you don't mind.

At what point did you actually enter this trade? What does the little red arrow indicate - is that entry? or exit maybe? Same question for the blue arrow at yesterdays high?
Hi Jdg199.

Sorry for the confusion. The blue arrow is a previous entry. I use an EA to send an order and it creates an arrow. This entry corresponds to the red arrow.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 25 KB
Enter Signature
  • #17,729
  • Sep 21, 2011 7:55am Sep 21, 2011 7:55am
Thanks for that -

so roughly speaking -
entry 1.0210
stop, I would assume, would have to be back up around the lower of the bands ( ~1.0250-1.0260)
target perhaps lower end of yesterdays band (1.0180) or even yesterday's lows (1.0140)

This entry makes sense to me (and answers my query to Pippete yesterday) in that you've waited for strong indication from the actual candle (PA) before jumping on the trade. This way you've sacrificed the initial move (the break of the range) in the hope that we are more likely to see further downward movement.

Am I reading that right?!
  • #17,730
  • Sep 21, 2011 8:10am Sep 21, 2011 8:10am
Quoting jdg199
Thanks for that -

so roughly speaking -
entry 1.0210
stop, I would assume, would have to be back up around the lower of the bands ( ~1.0250-1.0260)
target perhaps lower end of yesterdays band (1.0180) or even yesterday's lows (1.0140)

This entry makes sense to me (and answers my query to Pippete yesterday) in that you've waited for strong indication from the actual candle (PA) before jumping on the trade. This way you've sacrificed the initial move (the break of the range) in the hope that we are more likely to see further downward movement....
Yes, entry 1.02071, SL 1.02871. But whit my EA I have 3 important exits, Break Even, Take Profit1 and Take Profit2. (Please read post 17703).

It is likely that all conditions have been given a little earlier, what happens is that when I woke up these were the conditions and confirmed me an entry.
Enter Signature
  • #17,731
  • Sep 21, 2011 8:25am Sep 21, 2011 8:25am
Long in EURCAD

Reasons:
- RSI point up
- STO confirm RSI
- TDI, RSI Price Line (green) > Trade Signal Line (red)
- price has good space to travel until it hits resistance on D1
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 22 KB
Enter Signature
  • #17,732
  • Sep 21, 2011 8:48am Sep 21, 2011 8:48am
I'm in the same trade and closed at 1.3663
We are getting close to resistance D1

Nice trade, Maudur!

Quoting maudur
Long in EURCAD

Reasons:
- RSI point up
- STO confirm RSI
- TDI, RSI Price Line (green) > Trade Signal Line (red)
- price has good space to travel until it hits resistance on D1
  • #17,733
  • Sep 21, 2011 10:07am Sep 21, 2011 10:07am
Long in AUDNZD

Reasons:
- RSI point up
- STO confirm RSI
- TDI, RSI Price Line (green) > Trade Signal Line (red)
- price has good space to travel until it hits resistance on D1
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.gif Size: 24 KB
Enter Signature
  • #17,734
  • Sep 21, 2011 10:20am Sep 21, 2011 10:20am
I will pass this setup, to close too D1 S/R for my taste and we are trading against BRN
Until it breaks through I will wait and watch first.


Quoting maudur
Long in AUDNZD

Reasons:
- RSI point up
- STO confirm RSI
- TDI, RSI Price Line (green) > Trade Signal Line (red)
- price has good space to travel until it hits resistance on D1
Attached Image (click to enlarge)
Click to Enlarge Name: an.gif Size: 24 KB
  • #17,735
  • Sep 21, 2011 10:25am Sep 21, 2011 10:25am
Same chart but now in H1

Quoting AndreasF
I will pass this setup, to close too D1 S/R for my taste and we are trading against BRN
Until it breaks through I will wait and watch first.
Attached Image (click to enlarge)
Click to Enlarge Name: an.gif Size: 23 KB
  • #17,736
  • Sep 21, 2011 5:16pm Sep 21, 2011 5:16pm
Just got back to my house to see how they ended the orders sent this morning. The results were:

AUDUSD: Close 50% (80 pips) at BreakEven
Close 30% (130 pips) at TakeProfit1
Now 20% running with TrailingStop (Now 80 pips secured)

EURCAD: Close 50% (61 pips) at BreakEven
Close 30% (99 pips) at TakeProfit1
Close 20% (86 pips) by TrailingStop

AUDNZD: Close 50% (26 pips) at BreakEven
Close 30% (37 pips) at TakeProfit1
Close 20% (37 pips) by TrailingStop

Good trades. I hope things go well.
Enter Signature
  • #17,737
  • Sep 21, 2011 8:12pm Sep 21, 2011 8:12pm
That are impressive results!
Well done!

Quoting maudur
Just got back to my house to see how they ended the orders sent this morning. The results were:

AUDUSD: Close 50% (80 pips) at BreakEven
Close 30% (130 pips) at TakeProfit1
Now 20% running with TrailingStop (Now 80 pips secured)

EURCAD: Close 50% (61 pips) at BreakEven
Close 30% (99 pips) at TakeProfit1
Close 20% (86 pips) by TrailingStop

AUDNZD: Close 50% (26 pips) at BreakEven
Close 30% (37 pips) at TakeProfit1
Close 20% (37 pips) by TrailingStop

Good trades. I hope things go well.
  • #17,738
  • Edited 9:53pm Sep 21, 2011 9:31pm | Edited 9:53pm
Update post 17703.

Attached is the EA's BuyFibo and SellFibo version 1.1. It version fixes a few things.

Any observations will be welcome.
Attached File(s)
File Type: ex4 BuyFibo.ex4   26 KB | 284 downloads
File Type: ex4 SellFibo.ex4   26 KB | 252 downloads
Enter Signature
  • #17,739
  • Sep 21, 2011 10:29pm Sep 21, 2011 10:29pm
any body looking this spike in another Broker


http://i1138.photobucket.com/albums/...titled-2-3.jpg
"Trade Until I Come Back" Luke
  • #17,740
  • Sep 21, 2011 10:55pm Sep 21, 2011 10:55pm
I think that spike fills the Gap from the 19th Sept.
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