You can trade any type of consolidation, but LG points out the 1H 4C in her tutorial. The longer consolidation, the higher the probability of a very nice BO.

Trade What You See - Almost Naked Trading

EU is very close. Waiting for conformation

Trade What You See - Almost Naked Trading

EG FINALLY ....maybe

Trade What You See - Almost Naked Trading

EG tap tap tap

Trade What You See - Almost Naked Trading

Yes ma'am we are!

Trade What You See - Almost Naked Trading

image

Trade What You See - Almost Naked Trading

Watch EU/GBP for BO

Trade What You See - Almost Naked Trading

[quote=Anthar;4499769]So, I know you're not online anymore, but I hope you'll read this eventually. I'll try to explain this by using a recent example, take that NZDUSD false brakeout they were discusing in the past few posts... we'll take a look at ...

Trade What You See - Almost Naked Trading

I officially have no clue what I am doing........

Trade What You See - Almost Naked Trading

A little FYI — This was just posted on the EU thread : Breaking news Swedish Officials says a Number of Eu Banks failing stress test.

Trade What You See - Almost Naked Trading

That would also be the 4H BO top line, if you trade that way.

EURUSD

Keep practicing, but don't over think it.

Trade What You See - Almost Naked Trading

Eu — So I took a position on the EU last night, and have just been able to get on the computer (it's baseball season). I'm not a happy camper today, and the Eu has really let me down. it had better change it's attitude for the rest of the ...

Trade What You See - Almost Naked Trading

No, because it may reverse. I would move to a 15m and observe PA

Trade What You See - Almost Naked Trading

I don't set a certain number of pips, but I try to achieve a monetary amount or percentage. I don't always trade the same amount of lots, so one pip on one trade may not be equivalent to a pip on another trade. The most I trade is 10 lots at a time ...

Trade What You See - Almost Naked Trading

Also went short (.4206) earlier today. Looks like it may drop below the .4160 mark, and who knows after that. Check the 4H consolidation on the GBYJPY

Trade What You See - Almost Naked Trading

Agreed. I closed at /4230 earlier today with +100 pips. Waiting to see what happens today.

Trade What You See - Almost Naked Trading

Check GBP/JPY for potential BO. Candle is scouting....

Trade What You See - Almost Naked Trading

EU — LG, are you still long on the EU?

Trade What You See - Almost Naked Trading