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Lou replied Feb 10, 2008Looking at the 3hr why not put a buy just above 209.60 and a sell below 208.50 , the areas of the last peak and valley. Or you might want to look back at the last move of price off of Support or Resistance and take a direction based on that.
Peaks and Valleys (Trading Naked)
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Lou replied Feb 9, 2008Is chevelle's explanation an example of actual trades he took? Or is it an explanation of how trading different lot sizes can maximize and minimize risk. Or is it both. In either case, just for clarification, why did you choose the lot sizes you ...
Money Management
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Lou replied Feb 6, 2008Interestingly enough neither Oanda 3hr nor AlpariMT4 4 hr print out the candle as a pinbar.
Daily PIN Bars
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Lou replied Feb 6, 2008Other traders are wondering about the Aussie and Kiwi. Why the Aussie didnt go up with the rate increase and US decrease. Has anyone used COT as a sort of filter? Noticed at PFX Global that although institutional investors are long on both of these ...
Peaks and Valleys (Trading Naked)
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Lou replied Feb 5, 2008Thought the drop would not hit my SL ... so went to work optimistic as price seemed to be rising after the overnight downmove. About 3 hrs later the bottom fell out. - 88 pips. Sure wish O anda had trailing stops.
Peaks and Valleys (Trading Naked)
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Lou replied Feb 4, 2008How much of a bite did they take? I was talking with them the other day and their forumla is If stopped out during wide spread take half the wide spread and add it to the spread that you got in at.
Peaks and Valleys (Trading Naked)
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Lou replied Feb 4, 2008A/U Who the heck is selling? I thought a rate increase would spur buying.
Peaks and Valleys (Trading Naked)
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Lou replied Feb 4, 2008Take a look at the poll results for Trading Naked above... Fibonacci ratio. Moving more and more towards trading naked. But , Can I leave my hat on?
Peaks and Valleys (Trading Naked)
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Lou replied Feb 3, 2008I like the long A/U position. Appears to avoid my problems with the N/U. Above.
Peaks and Valleys (Trading Naked)
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Lou replied Feb 3, 2008Closed my N/U long for 70 pips or so. Price was retreating off of an upper channel ascending trend line going back to Nov 5 in the area from 7850 to currently 7950 on the Daily. Price has hit this area 3 times and retreated since Nov 5, some may ...
Peaks and Valleys (Trading Naked)
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Lou replied Feb 3, 2008Kevin, please check this out: So isthe KEY price action at point 3 ? For example: In a long situation price has bounced short off of point 2. BUT at point 3 price has not dipped back into point 1 's territory. As price moves off of point 3 in a long ...
Peaks and Valleys (Trading Naked)
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Lou replied Feb 3, 2008Hello Kevin, When you state that ducks methods have a built in trend filter you are still talking about price, right? As in the example for a long trade when price breaks the ' 2 ' level at number ' 4 ' . Or are you referring to something else? Lou
Peaks and Valleys (Trading Naked)
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Lou replied Feb 1, 2008Hi raczekfx, when did you draw the horizontal at 2.1591 in your post # 280 chart. Do you ever exchange ideas with Akuma99 about your trading methods? Lou
Peaks and Valleys (Trading Naked)
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Lou replied Jan 30, 2008Kevin, I put on a long NZD/USD earlier tonight .. with entry just above the peak of the 1 sma at 7850. Now I see you put your entry above the spike up at .7918 . That seemed pretty far away for my taste especially as to how the N/U seems to be ...
Peaks and Valleys (Trading Naked)
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Lou replied Jan 30, 2008Well the hindsight answer to that was ... no. In this method one must pay attention to the fundamentals. What was I thinking?!
Peaks and Valleys (Trading Naked)
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Lou replied Jan 29, 2008My USD/JPY long trade at 107.06 that I put on this morning has been waffling around all day. Now as negative as it has been since then. I think I will hold on. Went against the overall trend with this one. Dont usually do that.
Peaks and Valleys (Trading Naked)
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Lou replied Jan 29, 2008Hello Idejs, In order to answer your stoploss question... what do you consider a big range? Stop loss settings on this method are not determined by the number of pips, but by past price action as you read in the thread. Placing the SL bit lower than ...
Peaks and Valleys (Trading Naked)
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Lou replied Jan 28, 2008Wow Markster, YOu have come to the right forum = Forex Factory. And may well, have landed in the right thread as far as trading style. But that remains to be a discovery for you to make. Look at the other threads, topics on the forum to find out ...
Peaks and Valleys (Trading Naked)
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Lou replied Jan 28, 2008Kevin, I am very pleased to have found this thread. Have been searching for and trying to put together,for a long time, a method that is a fit for me. Your method looks very promising since it incorporates most of what I need and allows for the use ...
Peaks and Valleys (Trading Naked)