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Saxon replied May 6, 2010Ya, "00"s are the first price I mark up on any chart. My favorite way to trade them is when PA passes through with the trend and counters back to it, then when PA touches "00" counter, you can trade with the trend and have a really really high prob ...
Nearly Naked (Simple Trades)
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Saxon replied May 6, 2010Also, check out the significance of MAs 40, 50 and 100 on my charts. They are working really well.
Nearly Naked (Simple Trades)
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Saxon replied May 6, 2010Nice Here are some chart with some friction points I will be looking at. I will probably not be trading counter-trend friction and will be mostly pro-trend trading for today and tomorrow. A lot of pairs are out of my analysis range and need to ...
Nearly Naked (Simple Trades)
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Saxon replied May 6, 2010Traded GU and EU "00" bounce with the trend, came out in green. What is on the table today? I'll get some charts up ASAP
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010Later Mike. I think I will take his example and step off the desk till London. Off for a jog around the building, good luck with your trades, talk to you guys in a bit!
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010Hi Mike, Nice to have a new face in the thread. Seems a lot of us were trading CHF today. AUD news is up soon. Might be my last trade before London
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010Hi Amy, How the trades going? I need to keep reminding myself to come in here, you always have really good setups/projections. You in any positions right now?
Amyc Trade Journal
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Saxon replied May 5, 2010I'll have to pull it up and take a look at it. Thanks for the post
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010How the trades going Shahab? You in any positions right now? You're short SPX futures right?
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010haha, 2 pips. No, probably 50 retrace of prior swing. But SL is right above "00".
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010Eh, I booked an extremely small short position on UCHF, we'll see if Asia agrees with me
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010Right now, for me, AU is stuck in MAs but I have targets above and below for trades on my H4 chart from earlier. I am watching UCHF and the H1 candle about to settle, might go in on a trade in that pair.
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010UCHF might be a good short, looks overextended. Might test the waters with a small short with a SL above "00"
Nearly Naked (Simple Trades)
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Saxon replied May 5, 2010See what I mean, it just dropped without me
now even if it does come back it will be a no go for me. Oh ya, when I said friction is with the trend I mean short/micro trend. Oh well, on to a new pair, which shall it beNearly Naked (Simple Trades)
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Saxon replied May 5, 2010Been waiting for the UJ trade but if it doesn't get there soon, it will be a no go. The friction would be with the trend so that is a plus, and it is on "00" and old TL. I will probably go short with a 20 pip stop, but UJ is a tricky bast*rd. Tends ...
Nearly Naked (Simple Trades)