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Islander replied Feb 27, 2008LOL DG - you sure are busy today - nice to see you popping by!
Intra Day Yen - Naked
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Islander replied Feb 27, 2008Thanks Mom - regards to DXT - and you! - too image
Intra Day Yen - Naked
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Islander replied Feb 27, 2008No I was busy elsewhere. I see your fib and the levels, when I suspect a reversal I'll wait for confirmation - check some of my earlier posts - and normally I would sell under the AL line. This time it was a strong break, but this is rare, more ...
Intra Day Yen - Naked
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Islander replied Feb 27, 2008LOL - thanks for you helpful post. Now perhaps you might care to look at the first page and follow the spirit of this thread.
Intra Day Yen - Naked
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Islander replied Feb 27, 2008GJ 15m — I was too busy earlier to post this chart. You can see the great number of wicks late yesterday and the chop in the Asian Session earlier this morning as GU and UJ battled for dominance. Finally, as cable took off again, GJ was a Buy ...
Intra Day Yen - Naked
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Islander replied Feb 27, 2008cable 15m — Here's another way of using support and resistance to draw fibs. This time I've used a Resistance level for the bottom of my fib instead of a support level. This gives a narrower range and thus more possibility of getting a retrace ...
Intra Day Yen - Naked
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Islander replied Feb 27, 2008Great pips. Heres a 5m chart around the time that you posted. A continuation sell at the red arrow in the DZ. I've also walked the salmon fib - another entry there IF it drops down out of the DZ
Intra Day Yen - Naked
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Islander replied Feb 27, 2008GM all - cable's still got a rocket pushing it up and UJ's doing the opposite. This makes trading GJ difficult until one of the pairs stops moving. When its like this I prefer to trade cable as its moves are larger than UJs. There's been no real ...
Intra Day Yen - Naked
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Islander replied Feb 26, 2008Well I do remember him passing comment on one of my 1 min charts that "I'd have a lot of work to do to keep up" but I did think that he mentioned looking at the 5m - however its now some weeks ago and I do prefer the 15m when ever possible - either ...
Indicator Free Trading - Skunny
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Islander replied Feb 26, 2008Cable! — Anyone know what just put a rocket up cable - its up another 100 pips since around the European close and that IMO must have a reason - more than dollar weakness
Intra Day Yen - Naked
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Islander replied Feb 26, 2008I look forward to seeing you for tomorrows session. As an experienced trader you should quickly see what we are trying to do and a little time spent reading through this thread will bring you up to speed. More in depth info comes from Skunny's and ...
Intra Day Yen - Naked
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Islander replied Feb 26, 2008Hey Bo - thank you so much for your kind words - coming from you they mean a great deal to me. As you've probably noticed, I'm a regular visitor to your thread and I never stop learning from your thoughtful and enlightening posts. Much of the ...
Intra Day Yen - Naked
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Islander replied Feb 26, 2008NP, I'll be happy to help - and my memory from Skunny was that he used the 15m and 5m charts too and was suggesting that people start by looking at the longer TFs before going onto the lower TFs. I dont know if any of the others who followed this ...
Indicator Free Trading - Skunny
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Islander replied Feb 26, 2008I'm looking to enter either inside or on the exit from the DZ. That way, if price makes a false breakout of the range I can close without loss and often with some pips. The 15m UJ chart that I've just posted in the Intra Day Naked Yen thread ...
Indicator Free Trading - Skunny
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Islander replied Feb 26, 2008UJ 15m chart — Hi Steve - this is what I'm seeing - so far today, we have a Lower High AFTER the buy earlier out of the DZ. This for me is a Failure of a Long Signal and thus the first indication of a Possible Reversal. So I would be ...
Intra Day Yen - Naked
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Islander replied Feb 26, 2008As GM said, The Decision Zone is a term that I use to describe the range between the 38.2 and 61.8 retracements where price often makes its decision to continue its prior direction. The fibs that Sizzler called IFibs are just the normal fibs, with ...
Indicator Free Trading - Skunny
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Islander replied Feb 26, 2008I was out at the time, having already banked profits on my earlier long entry - so all I can say is I hope so - it was a valid signal and we now know that it went up 60 pips to hitt T1.... image
Intra Day Yen - Naked