The Captains Chest - Naked Trading & Other Stuff

Darkst · Post by **Darkst** » Thu Apr 23, 2015 8:54 pm

@dudest If I may ask, what are you doing if you have a dozen or so position and price pattern failed, price move opposite to you? Reduce/close/? What is yours trade plan in this case?

Piter80 · Post by **Piter80** » Fri Apr 24, 2015 4:39 am

Hi Dudest.
that's how i see usdchf

USDCHFH1-1.png

best regards

Piter80 · Post by **Piter80** » Fri Apr 24, 2015 4:53 am

hmmm..
I think euro will go up in next week.Any good news?

EURJPYDaily.png

EURJPYH41.png

Piter80 · Post by **Piter80** » Fri Apr 24, 2015 5:01 am

hmm which one is 'that' pattern?

EURGBPH41.png

@Dudest
I have a question.
Do You know how add Your stacking script to Empty4 on mac os?

all the best

dudest · Post by **dudest** » Fri Apr 24, 2015 8:47 am

Darkst » Thu Apr 23, 2015 11:45 pm wrote:Another charts. Is it correct?
EURSEK D1

I'm short his one as well ( A-B-C on D1 ) since yesterday.

Also forming an A-B-C on H1 as well

PS: alot of the EURO pairs are hitting 73.6 now. Yesterday was brutal hunt mode (Fox got a Tommy gun!). But gut feel still says short

dudest · Post by **dudest** » Fri Apr 24, 2015 9:03 am

Darkst » Thu Apr 23, 2015 11:54 pm wrote:@dudest If I may ask, what are you doing if you have a dozen or so position and price pattern failed, price move opposite to you? Reduce/close/? What is yours trade plan in this case?

Hi Darkst,

Depends on my margin, and gut feel on whether pattern 'failure' is temporary or far-reaching

E.g. yesterday, I cut the losses to stem the bleeding. Today the picture is still looking EURO short, USD long (to me) so have re-entered

Most times, if I have positive trades to cover the many in DD, I just clear the slate, and pick the best to re-enter

Cheers

dudest · Post by **dudest** » Fri Apr 24, 2015 9:28 am

Piter80 » Fri Apr 24, 2015 8:01 am wrote:hmm which one is 'that' pattern?

@Dudest
I have a question.
Do You know how add Your stacking script to Empty4 on mac os?

all the best

Hi Piter,

Don't know anything about Mac OS; I'm guessing the same MQL4/scripts folder like on Windows

Sorry, not much help

dudest · Post by **dudest** » Fri Apr 24, 2015 9:32 am

Darkst » Thu Apr 23, 2015 11:39 pm wrote:Do I make it right?
AUDCAD H4

Hi Darkst,

Kinda looks like, not very well formed though (IMO)

Cheers

Piter80 · Post by **Piter80** » Fri Apr 24, 2015 9:35 am

Thank's anyway

Today eur up before big fall in next week.
Eurjpy my target to start build shorts is 130.00(big round number,and I'm pretty sure fox will catch sl over 130)

dudest · Post by **dudest** » Fri Apr 24, 2015 10:04 am

Piter80 » Fri Apr 24, 2015 12:35 pm wrote:Thank's anyway
Today eur up before big fall in next week.
Eurjpy my target to start build shorts is 130.00(big round number,and I'm pretty sure fox will catch sl over 130)

Got in EJPY at 130.00 as well

[ BRN + 73.6 retrace ]

Open trades:

20150424_trade_report_open_trades.png

PS1: ignore pips value, since we know all pips are not made equal ( e.g, usdzar pip != usdcad pip).
Position sizing is what matters anyway

PS2: a couple of those EUR pairs (e.g EJPY, EAUD) have formed perfect 2-bar reversals [ a 2BR is just a pinbar formed over 2 sessions ]. 2 parallel bars in opposite directions; hence the other nickname: rail-road tracks