- Search Metals Mine
-
Saxon replied May 18, 2010Thanks, I didn't do enough analysis on AU to warrant staying in any longer. Marc seems to be on the right track though.
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Ug, that is stressful. Nothing like starting with a fresh chart though. TP taken on AU for 26 pips
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Oh, I'm only looking for 20-25 pips out of this one. Then I'm going to clean my charts and start over on setups.
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Haha, it's bouncing all over the place. I moved my stop to BE and am forgetting about this trade, I don't want this to turn into another yesterday of watching PA ticks for 8 hours
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010No worries. There will be more EU is next on my list. Breaking "00"
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010My bad, SL was just 20 pips TP will be half of swing, so like 25 pips Not as confident in this trade though. I used EU braking "00" to guage it. PA is all over the place I am at BE (break-even) right now, +/- 1 or 2, so we will see where this runs. ...
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Hi Intery, Thanks for the post. Good to have you on the thread

Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010took a short on AU up 7 pips, tight SL though
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010You're up
I'm still in no positions. Going to let things settle downNearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Oh, it means Upper Trend Line here are some others: LTL- Lower Trend Line S/R- Support/Resist PA- Price Action I can't think of any more, but if I do I'll post them
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Still no positions for me yet, GU is pushing UTL and might test "00" 1.45 EU is having problems breaking it's "00" 1.24 AU is testing UTL too
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Also, I am watching EU on "00" right now to guage my decision on AU, sounds wierd huh
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010If you go short with a 20 pip stop, it would still put your stop above UTL. I am considering it
Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Sorry for the messy chart, I haven't had time to clean them yet. I think your analysis was/still right, before we had the data hickup. Be aware of the TLs and shape that is forming (I am a big fan of shapes
) H1 MA 40 has been tested and bounced ...Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Ya, you're going to be tapping off orders and not even know it
If you get the jitters, eat some carbs and they will go away.Nearly Naked (Simple Trades)
-
Saxon replied May 18, 2010Haha, I know. But at least it gives me time to get the coffee going

Nearly Naked (Simple Trades)