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Wally1953 replied Dec 8, 2010AUDJPY trade that I posted earlier. Still in this trade from 10 hours ago. Seems like it's honoring trendline and wants to go up, so I didn't pull the plug for a loss. LG, anyone, you think that's a good criteria to hang on? image
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 8, 2010I have a buy order on this trade, but not in yet. It is still honoring the trendline, but I've seen this happen before and doesn't necessarily work out. But I'll keep my pending order on for now. Good luck. image
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 8, 2010closed for +20 pips on short AC trade Still in AJ and it ain't looking so good.
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 8, 2010long AUDJPY H1 BO short AUDCAD H1 BO image image
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 7, 2010image image Hi Rufus, I'm something of a thread-jumper myself, but I like the simplicity of this system so I thought I'd pop in and try a few trades. Attached is a M5 chart with indicators, and a M30 chart for long-term PA, which is my chart ...
The Force 5min system
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Wally1953 replied Dec 6, 2010Well, the best opportunity to get in was about 5 hours ago, but I believe on these higher timeframes, it's not necessarily too late, and another entry will present itself with RSIs in line. A possible BO trade may be setting up right now on H1, ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 5, 2010Bayana, I have the same thing with Alpari. My charts open an hour after everybody elses. Must be Alpari. I have Alpari US. Wally
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 2, 2010Hi inemesit... Number 2 is not necessary. If you change "show current pair only" from false to true, it will automatically reflect the pair that is set up on the chart.
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 1, 2010Gbpusd-a++ long — This trade, and the last two I posted (CADCHF & GBPCHF) are now "first four candles of new trading day" trades, with trendline confirmation. All pending. None are initiated yet. Sounds good anyways. We'll see what the morning ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 1, 2010Cadchf-a++ trade pending — Very nice how the trendline contained the price. image
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 1, 2010GBPCHF-a Scrutch A++ trade? — I have a pending order in on this one. PA kept honoring the trendline on numerous bounces, RSIs all lined up, so we'll see. image
Trade What You See - Almost Naked Trading
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Wally1953 replied Dec 1, 2010spread indicator — Hi... I found a good spread indicator, it could come in very handy. So I'm posting it if anybody can use it. Wally file
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 30, 2010Hi LG. I'm also in this trade, but only as a H1 breakout. I'm looking for about 100 pips. If I might ask, what is your SL, if any, that you are using for a 3-tap monthly trade? To the next major resistance on the monthly is over 700 pips. Beyond ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 28, 2010That is amazing, LG. Maybe a FF record. It's your unassuming and consistent guidance that made it happen. Last week I made over 400 pips before the end of Wednesday. I didn't post my trades, because I was experimenting with SLs and TPs, and I don't ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 28, 2010Those are remarkable results, pt49. A 50 pip SL is relatively small for such large timeframes, so at 5% risk your pips have quite a bit of value, $10/pip. Next week with your new balance you can trade at $15/pip. Let the compounding begin!! I ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 27, 2010Yup. Whatever works. If you can be consistently profitable, that's all that matters.
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 27, 2010But don't you need a larger SL? Which would require trading a smaller size, which would cancel out the benefits of all those extra pips. They won't be worth as much.
Trade What You See - Almost Naked Trading