The Captains Chest - Naked Trading & Other Stuff

Jurij · Post by **Jurij** » Wed Feb 25, 2015 10:21 am

EURNZD 15M head fake?

go4pips · Post by **go4pips** » Wed Feb 25, 2015 11:02 am

GBPUSDM15.png

Morning to All,
since I don't see much of a trade CJ style with my newbie eye I am just picking a few quick pips where its given.
E.

go4pips · Post by **go4pips** » Wed Feb 25, 2015 11:23 am

go4pips » Wed Feb 25, 2015 6:02 am wrote:Morning to All,
since I don't see much of a trade CJ style with my newbie eye I am just picking a few quick pips where its given.
E.

Sorry I meant to say on the higher time frame, because on 15M 30M there are many CJ's set up.

E.

dudest · Post by **dudest** » Wed Feb 25, 2015 11:47 am

go4pips » Wed Feb 25, 2015 2:02 pm wrote:Morning to All,
since I don't see much of a trade CJ style with my newbie eye I am just picking a few quick pips where its given.
E.

Hi E!

Picking up a few quick pips where it is given is CJ style!

I look for 50 pips and it really doesn't matter where I pick it up.

I once traded mostly on the D1 and H4 time frames, looking for those long runs for hundreds of pips. But while trading back then,my lot sizes were a lot smaller than what I trade now and I would only take one or two trade entries.

Now, I look for the short run, jump on the Fox with larger sized orders and stack the hell out of them when it's obvious that I am correct.

The idea is to make money.

Take what is given and close the trade in profit.
Your goal is to determine what direction price is moving and get a piece of that move.

I close my trades when I am satisfied with the profits or wish to cut loses and apply the funds to another trade. Too many people get hung up on making the perfect trade", looking for exact entry and exit. Those same people hardly ever find either. I look to make money on my trades. Each persons comfort zone on trades is as different as our looks. When I put a trade on, I expect to make money. When I end a trade, I end the trade and move to the next. You have to develop your own zones, the ones that are comfortable for you.
John

This truth [ that the idea is to MAKE MONEY ( not to make pips, or to be perfect ) ] set me free in many ways

go4pips · Post by **go4pips** » Wed Feb 25, 2015 11:50 am

EURCADM15.png

I also take this one re-entered second time.

go4pips · Post by **go4pips** » Wed Feb 25, 2015 11:59 am

Moning Dudest, thank you for showing the way, you know all CJ's note, I also read and look over and over his post and attachments , but looks I need to do a better work.
I get out from gbp/usd with 76 pips, I just put the tp and sl for my mental well being in case a big spike would
happen.
Thank you.
E.

go4pips · Post by **go4pips** » Wed Feb 25, 2015 12:28 pm

AUDNZDH4.png

Hi Dudest, will please comment on the chart later today when ever you have time, greatly appreciated as always, doing my home work.

Thank you.
E,

monty · Post by **monty** » Wed Feb 25, 2015 12:39 pm

Hi Dudest.

I'm a bit baffled by this N/J 3th push down.
It has almost puled back %70 of total movement down.
It could be only 2 push down, and now it's on the way up.
We just have to wait to see the outcome.

dudest · Post by **dudest** » Wed Feb 25, 2015 2:26 pm

Gold hunt shorts

20150225_xauusd_m30_abc_hunt_shorts.png

.

go4pips · Post by **go4pips** » Wed Feb 25, 2015 2:49 pm

All time frame show a strong divergence.

NZDJPYH1.png

I also think the 4H cart in the 15M is at the area what I highlighted with Blu, DON'T LEAS TEN TO ME pls - I am seeking help from pros.

NZDJPYH1.png

E.