GBP/JPY — About to BO down?

Trade What You See - Almost Naked Trading

Thanks. I have coloured candles also. If I understood correctly you mean that the 1 hr candle currently going on turned into a green one in the beginning of this hour. At the moment it seems to be red again. In the 15 min chart the first candle of ...

Trade What You See - Almost Naked Trading

This is really interesting and points right into the heart of my problems with H1 4C BO´s. I´ve burnt my fingers several times with trend turns just after entry. It would be really nice to know if you could tell, what made you hesitate with this one. ...

Trade What You See - Almost Naked Trading

Took GBP/AUD, gap was some 30 pips, but closing fast.

Trade What You See - Almost Naked Trading

Thanks. Seems to be a good probability there also. I will test them tonight, but have to consider some kind of SL and TP because I´ll have to go to sleep just after open. BTW if anyone is interested to keep track on fundamentals I think FF calendar ...

Trade What You See - Almost Naked Trading

Hello again. Hope you´ve had a nice weekend. Could someone give a hand with trading gaps. It the time soon. If I have understood correctly, the idea is to find gaps in the prices which might have formed during weekend roll-over from friday night ...

Trade What You See - Almost Naked Trading

Thanks for this also. Its good to have a way to trade also while markets are ranging. Had some poor experiences last week, but I think that I will continue to test this approach also. Whistlepip out...... see you on sunday night.

Trade What You See - Almost Naked Trading

I keep a kind of trading journal also, but to go through the history of setups with EUR/USD, was indeed a good learning experience for confidency building. Im also in Gain. Mostly with their webbrowser, but use powercharts as a charting tool. LG ...

Trade What You See - Almost Naked Trading

Thanks. Youre right with this.

Trade What You See - Almost Naked Trading

Thanks. It may be so that some of the last four sudden changes, which ended to SL on my previus list of 3 taps results were because of unexpectedly good news from US. Now with the expectation of ECB rate decision, euro is probably continuing to ...

Trade What You See - Almost Naked Trading

EUR/USD — I just did some manual bactkesting with 3 taps from august 2010 to present day in order to improve my future trading with them. Hard job manually! Here is some data. I tried to find all the potential 3 tap setups from 4H chart of ...

Trade What You See - Almost Naked Trading

Just an idea of successful 3 tap going to wrong way. If you took it like this and according to the definition of trends the following low cant be lower than the last one so if you put your SL below the last low, there is rather high probability of ...

Trade What You See - Almost Naked Trading

I´ve thought this so that it doesn´t matter if your original 3 tap is invalid or your timing to enter isn´t exactly right. When 3 tap is formed even though it stays on e.g. a resistance level and doesnt break out immediately it is still more ...

Trade What You See - Almost Naked Trading

I use SL about 80 depending on S/R levels in my 3 taps. According to my (short) experience with them they seem to end into significant profit more often than loss. Also according to my experience they tend to be more profitable if you enter them ...

Trade What You See - Almost Naked Trading

I´we been working with the same issues and currently on demo because of similar experiences. IMB(borrowed)O especially with SL´s you have to accept mentally that you will lose the money invested if the trade goes to SL. This kind of mindset might ...

Trade What You See - Almost Naked Trading

What´s with NZD/USD? I read somewhere that spikes are typical in a turning zone of a trend. It is on the top of it´s weekly channel. Not necessarily a good 3 tap.

Trade What You See - Almost Naked Trading

Thanks. Most of my losses I made with H14C´s so I have to scratch my head a little with them during weekend. 3 taps run nicely though. Perhaps they will suit better for my personality and timetables during working week. 3 taps you can leave aside ...

Trade What You See - Almost Naked Trading

Just closed the rest of my nine 3 taps. + 550 pips. Not much progress from last night, but all nine still positive. After a couple of SL´s on the beginning of the week there is + 300 pips profit for this week.

Trade What You See - Almost Naked Trading

Just closed it + 100 pips. There is some resistance in weekly and monthly chart. Should you wait it to pass the spike on march 17th on a daily chart? _____________ Empty barrels make the loudest sound..... An old chinese saying freely translated

Trade What You See - Almost Naked Trading

Really good points! Thanks to you all. It is amazing how much one can learn in a short time by socialising with others and externalising ones problems. Anthar I think you´re right that trailing stops will only work well with trending markets.

Trade What You See - Almost Naked Trading