Crap...I need to go re-read my notes....I shorted it. Knew it was an early entry, but if I got the direction backwards I want out.

Nearly Naked (Simple Trades)

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Nearly Naked (Simple Trades)

yep. url

Nearly Naked (Simple Trades)

From the other thread: I'm debating entry.... image image

Nearly Naked (Simple Trades)

Thanks TLC.

Backing Trades Thru Charts

Sorry it took me so long long, the point is, to me, it looks bullish, but that's a weekly chart so if you're looking for small trades <75 pips, you could probably short it. However, on your chart you said you had "found support" so maybe you were ...

Backing Trades Thru Charts

usd/jpy — I'm short this from 90.59, but it could be a good long opportunity. image

Nearly Naked (Simple Trades)

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Backing Trades Thru Charts

Profx, I've got a similar trade on the usdjpy, I thought for triangle's you measure the base and make that # your target. On your chart you're targeting the bottom of the base (obvious resistance). Is this a discretionary aspect of triangle trading? ...

Backing Trades Thru Charts

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Backing Trades Thru Charts

kiwi — image image

Backing Trades Thru Charts

10 pips? 100 pips? 1000 pips? Answer that and you can know weather or not to short it. image

Backing Trades Thru Charts

And in regards to the yen, where is "there"?

Backing Trades Thru Charts

That's a usd/chf chart.

Backing Trades Thru Charts

swissy — I probably won't be considering re-entry until 1.12, or 1.14 if it rallies hard.

Nearly Naked (Simple Trades)

I'll be taken out by the time it gets to 1.16

Nearly Naked (Simple Trades)

Do you have a target on the swissy? I'm in this short and holding, and will consider adding at a higher level if any solid entries appear. Failing that I'll let price take me out for BE or a small profit.

Nearly Naked (Simple Trades)

yen — It's nice to see a different method that suggests the same potential. Here's another view: image

Nearly Naked (Simple Trades)

I apologize if I interpreted you wrong. My point is that I would prefer to short it once it starts going down, rather than short it blind. This is just my risk preference, and if you are more aggressive, that's OK too. I do completely agree that ...

Nearly Naked (Simple Trades)

There are just way too many intelligent folks on this thread. Every time I visit I feel like I should just send myself back to babypips. All you guys (and gals) are awesome. I hope I can one day contribute to some of these conversations in an ...

Backing Trades Thru Charts