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MarcVUM replied Jul 1, 2010It very well could be. 50/50 right now since there is a doji right in between the two critical ma's on M15. I like to call a candle in this situation a tie-in. Probability of northbound movement increases significantly as soon as the ma's cross. In ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 1, 2010A/U — In case anyone has the stomach for it right before NFP there looks to be a potential breakout to the north for A/U up to 8500 / D R1. H2 chart shows an indicator I use that has just crossed the lower reversal zone and M15 shows a ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 1, 2010Hi guys/gals! We have some craziness occurring in the markets today with correlation breakdowns between USD - U.S. equities - Gold/commodities - Treasuries - etc. I would love to hear some of your fundamental thoughts on all of this. fyi I am ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 1, 2010
Just checking in... going to bed now! Seeya!Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010A/U — I'm going to sign off for a while but want to leave with my A/U potential PO targets... Good Luck on your trades tonight /morning or afternoon!
Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010I was looking at the same thing earlier... It should work since 100% Fib and 161.8% Fib ext is right there. Watch your D R1 at 1.0701... I'd hate to see you get stopped out right were it might bounce from.
Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010I didn't take the E/U trade because I didn't like the fact that the pink 150ema was still above the orange 200sma...
Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010Amy was right on the money! Thanks Amy for dropping by earlier today! Can't wait for you to get back soon!


Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010Yes, but I'm out now. I hit quota! It should continue down to D S1 and take a little break. Here's what I saw: H4 - candle closed in white oval yet lower BB was still open as can be! M15 - Slight touch of 35sma and nice spinning top candle above ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010
I love it when I'm right on the money! I'll get my charts up here in a second to show you what I saw that gave me the clue.Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010It could be the start of a 50 pip drop on A/U down to D S1 right now.
Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010Sweet! I'll have to open a demo MT4 account somewhere and give it a shot. I'll let you know how I do. Thanks!

Nearly Naked (Simple Trades)
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MarcVUM replied Jun 30, 2010Of course! Scalping is how I make a living!

Nearly Naked (Simple Trades)