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Wally1953 replied Nov 7, 2010EC 3-tap long trade — H4, D1, and W1 all pointing up, so entered using 123 long formation on 5M chart to confirm direction. SL about 13 pips (below recent support on 5m chart), TP 40 pips (below recent resistance, not visible on 5M chart, but ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 7, 2010I've abandoned the EU gap fill trade. I had a sell stop below the number 2 point on a 123 reversal on the 5M, but it never triggered, and then price went up. So it saved me from a potentially bad trade. The gap may fill eventually, but not for me!
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 7, 2010Okay, I'm in business, data feed is working. Waiting for 123 reversal on 5M chart to get in under number 2 point on EU. Also watching for third touch on UJ.
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 7, 2010Interesting, FF says the market is active, but my charts are still dead. I guess I'll have to wait til 6:00 EST. I'm also watching for third tap on USDJPY as well as gap trade. I use Alpari US, anybody else use them? If so, are your charts still ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 5, 2010That did it! Thanks loads Ph22.
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 5, 2010Does anybody know how to get all of the pairs in the market watch window in MetaTrader? I only have 10 listed. Thanks
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 5, 2010Short EC trade — TP hit, +40 pips. My first 3-tapper. Thanks LG!

Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 5, 2010THANKS Scrutch! — Hi Scrutch, Just want to thank you very much for the RSI arrow indicator. It's absolutely invaluable for this method!
Regards, WallyTrade What You See - Almost Naked Trading
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Wally1953 replied Nov 5, 2010Hi Lawgirl... I am short EC on a 3-tap on the 4H. I used a 123 top formation on the 5M for entry to confirm direction. SL is above recent high on 5M (tight SL, about 20 pips), TP is just above recent support. Do you think this is good rationale for ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Nov 3, 2010Short EC trade — Stopped out, -20 pips. After I got in, the market just languished sideways forever. I probably should have gotten out with a smaller loss, but I held on hoping it would break to the upside. Any feedback would be appreciated.
Sonic R. System
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Wally1953 replied Nov 3, 2010Long EC Hi Folks, been away for awhile. Let's see if this works out... image
Sonic R. System
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Wally1953 replied Oct 31, 2010I used a 123 formation on the 5-minute chart to enter short trade for gapfill on EU. This was to confirm direction. I'm a big fan of the 123. image
Trade What You See - Almost Naked Trading
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Wally1953 replied Oct 31, 2010Just shorted the gap on EURUSD. Is that a gap fill or what?

Trade What You See - Almost Naked Trading
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Wally1953 replied Oct 31, 2010Is anyone using Alpari US? My charts seem to be frozen. And Lawgirl, just a simple thank you for an honest, straight-forward thread. No ego, no smoke and mirrors, just the facts. Very rare on FF. I've been watching for some time, and hope to ...
Trade What You See - Almost Naked Trading
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Wally1953 replied Sep 2, 2010Hi TAH... I'm watching this myself. But there is more high-impact news at 9est and again at 10est. Just wondering how you would handle this, if you would jump in now or wait til after both news releases? Thanks!
Sonic R. System
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Wally1953 replied Aug 25, 2010Hi Dim/traders... My first post on this thread. I am trying something new in my trading, which is support/resistance trading, as Feb put forth in this thread. Rather than place a limit/buy order at support, and hoping that price makes a U-turn and ...
The System III (Oh no!)
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Wally1953 replied Aug 20, 2010Congrats on your EU trade. I just took a couple of scalp-type trades while waiting for a Sonic entry, and they didn't do so well. Price action has been very difficult to read this week, for me anyways. I appreciate the offer to help me filter the ...
Sonic R. System
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Wally1953 replied Aug 19, 2010No Sonic trades for me this week so far. The daily bars on EU and GU look like picket fences, not much room for big runs. I made a few non-Sonic trades, and lost, so I'm on the sidelines until something breaks. I still have to learn when not to ...
Sonic R. System
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Wally1953 replied Aug 14, 2010Some may question this, yes. But every setup is unique, and may not always have that Sonic "textbook" appearance that we are familiar with. This was still a H-L-LH, but there was a lot of momentum so things were happening faster. And momentum is ...
Sonic R. System
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Wally1953 replied Aug 13, 2010Short EU trade — Target was reached...+65 piporinios!!!
I used only a ten-pip stoploss, so was able to trade a larger position, so this trade brought home the bacon, as it were. I've been using Sonic, but I often enter on the 5M or the 1M ...Sonic R. System