The Captains Chest - Naked Trading & Other Stuff

dudest · Post by **dudest** » Tue Dec 23, 2014 2:45 pm

CADJPY D1:

Touch trade from the 'old' days, let's see whether it has legs...

20141223_cadjpy_d1_fib_shorts.png

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Direwolf · Post by **Direwolf** » Tue Dec 23, 2014 2:52 pm

Very bold trade Dudest!
How much draw down are you willing to take when entering on "touch"? Will you hold it all the way to 73.6 retrace?

blazej · Post by **blazej** » Tue Dec 23, 2014 9:21 pm

GbpCad from two days earlier played out level 2 after few bull traps. Thought it will be quicker but... Yeah, the fox has this trickery.

dudest · Post by **dudest** » Wed Dec 24, 2014 8:42 am

Direwolf » Tue Dec 23, 2014 5:52 pm wrote:Very bold trade Dudest!
How much draw down are you willing to take when entering on "touch"? Will you hold it all the way to 73.6 retrace?

Hey DW

Didn't plan to hold it up that far (this being the Daily and all..)

Plan was to see if it would start ranging/show signs of exhaustion around that area [ like it has done, thankfully ] and set stops above the highest point of the ranging/exhaustion

Cheers

dudest · Post by **dudest** » Wed Dec 24, 2014 8:44 am

blazej » Wed Dec 24, 2014 12:21 am wrote:GbpCad from two days earlier played out level 2 after few bull traps. Thought it will be quicker but... Yeah, the fox has this trickery.

Good stuff Blaze! Did you clean up?

Cheers

blazej · Post by **blazej** » Wed Dec 24, 2014 12:55 pm

Hi Dudest,

what do You mean by clean up? Did I played this? No, I was at work cause currently I have two but new year will be new beggining for me, with one job only and more time for forex. But I was observing this pair. I learned a lot recently thanks to You and other contributors here.

All the best for all of You and Your families. Have a good Christmas.

Greetings,

Błażej

dudest · Post by **dudest** » Wed Dec 24, 2014 1:11 pm

A merry & meaningful Christmas to all!

Cheers

Piter80 · Post by **Piter80** » Wed Dec 24, 2014 1:40 pm

Merry Christmas,and Happy New Year for all

Direwolf · Post by **Direwolf** » Wed Dec 24, 2014 4:30 pm

Merry Christmas everyone!

Got home from a movie to see my TP hit. Big Hero 6 was awesome

go4pips · Post by **go4pips** » Wed Dec 24, 2014 8:50 pm

Merry Christmas, and a much need it peaceful,healthy, prosperous New Year to all!

E.