200 pip drop on A/U while I take a nap! Geez I must be dreaming... A/U just doesn't move that much. Amy, do you have a TP or idea of where this thing stops going south? It's now through my LTL and Support. Yikes!

Nearly Naked (Simple Trades)

Before I go... A/U... great place to go long towards 84

Nearly Naked (Simple Trades)

I'm done for a few hours as well. I made enough today to fill another coffer! Time to watch Star Wars or maybe clean the house before the wife gets home! See you in a few!

Nearly Naked (Simple Trades)

I know man. I doubled my account in the past two weeks!

Nearly Naked (Simple Trades)

I know the feeling. That sucks.

Nearly Naked (Simple Trades)

You're welcome. Good Luck!

Nearly Naked (Simple Trades)

Oh it will probably be obvious. Just a touch and drop kind of thing!

Nearly Naked (Simple Trades)

If it breaks above then it will have to retest the new support before you can go long. It is always possible to have false breakout.

Nearly Naked (Simple Trades)

It depends on your time horizon and trade size. I've been scalping all morning to the downside using my MA's as a guide. Your best bet is to wait until we retest 8600 which is the neckline for the double top. However, you can go for 5-10 pip bursts ...

Nearly Naked (Simple Trades)

With the recent volatility in the market it has made it quite difficult to trade an already volatile pair (G/U) so I have stood to the side and have only traded A/U. This pair has provided more than enough opportunities!

Nearly Naked (Simple Trades)

Sure. Pull up a M15 chart and add a 200sma and 150ema. When price gets above the 200sma and then crosses with the 150ema you are fairly safe to go long. Don't forget your S/L!!

Nearly Naked (Simple Trades)

Sorry, I don't trade yen pairs... only A/U and G/U so I don't know the answer to your question.

Nearly Naked (Simple Trades)

Many reasons... one is Greece.

Nearly Naked (Simple Trades)

Anyone brave enough to go Short here!

Nearly Naked (Simple Trades)

I don't long anything unless it's above the 200sma on M15 and A/U was far from it! I'm done for the night. Good luck on your trades and Thank you for your help! -Marc

Weekly COT report Analysis + Trade Ideas

Shahab, no worries. I just grabbed that extra 20 pips! I'm done for the night. Cheers!

Weekly COT report Analysis + Trade Ideas

Oh my gosh no! I was short at 8430. 90 pips later I got out at 8340. Just wondering if it might keep going so I can grab 20 or so pips!

Weekly COT report Analysis + Trade Ideas

I just exited at D S1. Do you think there is more to the downside tonight?

Weekly COT report Analysis + Trade Ideas

Never mind. We just found out.

Weekly COT report Analysis + Trade Ideas

Shahab, regarding A/U I have Daily S1 at 8337 and Amy has support at 8347... Where do you have support?

Weekly COT report Analysis + Trade Ideas