AUDUSD — Still in consolidation

Trade What You See - Almost Naked Trading

GBPUSD — Consolidation BO

Trade What You See - Almost Naked Trading

GBPJPY — Consolidation BO

Trade What You See - Almost Naked Trading

USDCAD — Also triggered short, but hasn't done anything.

Trade What You See - Almost Naked Trading

NZDUSD — I set this as a pending trade long last night before I went to bed. It triggered and hit my TP for +30 pips.

Trade What You See - Almost Naked Trading

Thanks to all! — You guys carried on beautifully without me...thanks so much and what a wonderful job. Especially PPete...great explanation of straddle trades that we can refer back to often.

Trade What You See - Almost Naked Trading

Going to watch election results. Good night all. I set two pending orders: NZDUSD long and USDCAD short..will see what happens.

Trade What You See - Almost Naked Trading

Yes I do, frequently. It's just another BO technique that we can implement. Please go ahead and explain it to everyone. I like this technique very much. Only thing I am cautious about is looking for modest gains...i.e. 30 pips or so in either ...

Trade What You See - Almost Naked Trading

Can't rely on weekly and certainly not monthly RSI directions at this time, as it is so early in week/month. Watch PA and if you enter monitor closely.

Trade What You See - Almost Naked Trading

Take 1/2 off table after 30 or so pips. Let other half ride. Move SL to BE + 5.

Trade What You See - Almost Naked Trading

DQ for a Butterfinger Blizzard!

Trade What You See - Almost Naked Trading

AUDUSD — Breaking out.

Trade What You See - Almost Naked Trading

Yes it certainly does and thanks so much. I don't think it can be explained any better. I gave up trying to understand the GMT offsets and market timing long ago, so I'm glad you and Scrutch can explain it.

Trade What You See - Almost Naked Trading

NZDUSD — Yes, I started to put it on my list..definitely a watch, but be open about the direction for now.

Trade What You See - Almost Naked Trading

So your broker's start is 3 candles before FXDD's 1st candle? So, you are still the first 4 H1 candles of your brokers new day?

Trade What You See - Almost Naked Trading

Consolidation — I tried to find the earlier post by someone who mentioned the consolidation that is going on in pairs right now. Boy were they right! Remember we love consolidations because that means that sooner or later, that spring is going ...

Trade What You See - Almost Naked Trading

Looks to me like beer is on you! You really made some pips...

Trade What You See - Almost Naked Trading

Can you go into more detail about how you adjust your candles? I think it would be very beneficial for others.

Trade What You See - Almost Naked Trading

Great responses, as usual..

Trade What You See - Almost Naked Trading

I don't know of any research as to why this happens so often, but I believe it is the longer TFs that increase the probability of a break continuing in the same direction. PA momentum is really rather difficult to turn around when longer TFs are ...

Trade What You See - Almost Naked Trading