- Search Metals Mine
-
Saxon replied Apr 23, 2010haha, no worries man. I am just watching PA, got stalled up right now and we have an M15 soon. I will still probably go long if it is touched and place a TP at old S/R. I will have a tight stop so no biggie

Nearly Naked (Simple Trades)
-
Saxon replied Apr 23, 2010Let's see, the last "00" was violated by about 3 or so pips before the bounce, which would be within my stops.
Nearly Naked (Simple Trades)
-
Saxon replied Apr 23, 2010What is your average spread you get offered on AU
Nearly Naked (Simple Trades)
-
Saxon replied Apr 23, 2010I have been using this forever. "00"s are a standard S/R for me and the first thing I mark up on any new chart. It is good to pull in 1 to 3 postitive trades on a single pair a week, sometimes more, sometimes less. If you are strict with the rules, ...
Nearly Naked (Simple Trades)
-
Saxon replied Apr 23, 2010I guess in addition, if it tests and bounces but then heads back to test again, you probably missed the boat. Also, if it tests, make sure there is some distance between tests before trusting another bounce. And lastly, a good reset of the "00" is ...
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 201000s — Hi guys, in this slow PA I thought I would just show you how I look for "good" "00" trades. For me it is all about the angle of attack. This can also be applied directly to any S/R or TL relationship. I am working from 2 terminals so my ...
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010Thanks, I didn't have any targets, I saw PA level and exited right after I posted.
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010"00" Bounce — Now that is a textbook "00" bounce. Wont be in this position for much longer. Making my coffee and will be back in an hour or so to do some analysis with you guys.
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010Good chart, I will be watching S1 too. I am watching UJ really close right now. It is really testing old S/R and if it moves to 93.79-93.73 could have some interesting PA, those should be stong S/R zone
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010What's up everyone? Here is a chart of some PA areas to look out for with UJ. Don't know how long it will take to get to these areas as this isn't the fastest time for PA, but it will eventually get to one of them. PA is bouncing off old S/R right ...
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010Not too exciting data
Off the desk for the next few hours. Good luck with your trades everyone!Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010No worries! If you are having trust issues, then just book smaller positions, and modify your stops. You'll be ok, tonight was crazy and I missed a few too. But always put it in perspective, you could have lost on a few too. So being flat is NEVER a ...
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010I am in total agreement.I am at least waiting for US data
Nearly Naked (Simple Trades)
-
Saxon replied Apr 22, 2010Looks like it might become a victim of this snowball effect. Could push through
Nearly Naked (Simple Trades)