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lawgirl21 replied Oct 5, 2010I know we get restless waiting for set-ups. That's one reason I like the H1 breakout, seems faster, whether it is or not. This is a difficult market week to date. I don't think many positive pips have been posted thus far. Aren't you up over 70 pips ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010CHFJPY — Since I am over 4 hours into my new trading day, I am going to look for an H1 Breakout trade. The scan for confirming TFs is the same as for 3 taps so and this could work as a 3 tap trade also.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010I don't think it is going to reach that resistance level anytime soon.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010That is a very impressive chart, TAH. I totally agree with you..
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010They say it's a zero sum game. Do you see it going up to the next resistence level, I have marked around 1.4180?
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010EURUSD — I'm still short this pair. Down 60 pips, but I am curious about it, so will keep it.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010Can't tell if you entered long or short...long?
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010Add your brokers' regular RSI to the chart to compare them.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010I went back 1 candle for my 1st tap, which if you did that would give your 3rd tap the top of the green candle next to your last candle. I have no idea why your RSI is up though.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010No, no--you are making this far too difficult. TLs are the last thing to do. Try this order of doing things.. 1. have you template on the screen with the first pair that your broker has displayed on "Market Watch" ( your template should look ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010Best of luck to you! Have you been demo trading for awhile?
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010You should be able to scan multiple pairs in a matter of a few minutes and make your short list. Short lists are generally no longer than 3-4 pairs..today, at this time, even 1. If that doesn't work, limit yourself to the 6 majors.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010You are entirely correct...the 50 level is totally meaningless and I believe I posted earlier that it should be taken out if it is too confusing. The 50 level can be utilized for overbought/oversold BUT we are not concerned with that at all and will ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010Pair Scan — I just quickly scanned 16 pairs and found only 1 pair with confirmed direction AUDCAD short. Did I miss something? Please post if you see anything differently.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010As a the new trading day just started for me, I am about to do all of my initial directional scans and draw up a "short" list. Are you currently in any trades?
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 5, 2010No problems here..we are trading channels, just a little riskier and trickier.
Trade What You See - Almost Naked Trading