The Captains Chest - Naked Trading & Other Stuff

[szfxtrader]

[youtube]https://www.youtube.com/watch?v=GWDTGeBFpRg[/youtube] - Very good trading style.

[xrismak]

Thank you!

Ncoyte,

On the Contrary, what you are Looking at on the Charts might be the Accumulation Phase for Another 800 Pip Dip Down to the 1.4400 ish Level, it's a Good Idea to have a Look at the Higher Time frames to get a Scope of the Market Structure using General Support and Resistance Levels......
It's just my 2 Pence but most Times I Usually Get it Right with what the Fox Intends to Do if and When I Study PA Carefully on certain Currency Pairs.

Happy Trading Y'all,
xrismak

[szfxtrader]

Ncoyte,

On the Contrary, what you are Looking at on the Charts might be the Accumulation Phase for Another 800 Pip Dip Down to the 1.4400 ish Level, it's a Good Idea to have a Look at the Higher Time frames to get a Scope of the Market Structure using General Support and Resistance Levels......
It's just my 2 Pence but most Times I Usually Get it Right with what the Fox Intends to Do if and When I Study PA Carefully on certain Currency Pairs.

Happy Trading Y'all,
xrismak

Thank you.

[Forexfux]

Sounds like you had some fun

Maybe I'm wrong but you take more scalps than swing trades now?

Hi Forexfux,

I trade according to what I perceive as the Prevailing Market Conditions and what I see on my Charts, I like to Trade starting with Entering Either Buy/Long or Sell/Short Positions from the Very Beginning of what I term as a Long Term Trend, if I don't see that chance on any of the Currency Pairs I am Monitoring on my Charts then I will do a few Scalps which is what I am currently doing to Perfect the Strategy that I am trying to Painstakingly put together.
I just need to have about 2 to 3 more Gizmos written out for me to be able to do a Complete Assembly of tools Needed and then Test the Strategy in Full, if it works over the next 3 Months, then I will do a FULL Write Up and Roll Out of the Strategy and Gizmos to use...., It's just a Simple Naked Trading thing that I will use very Frequently to trade and I will be very Happy to share with this Trading Community Free of Charge, but I have to be Sure that it works first.
I Guess we will name it the "thank you, build up Your Coins Gradually" from the Learning Curve Strategy. :!:

Happy Trading Y'all,
xrismak

k I'll looking forward to see your results. Good luck.

In general you still follow CJ's guidelines?

[fahedksa]

Dear Friends ,
I am in USDCAD as we going to level3 down after 2 level down and a consolidation last Friday.
I was in these trade from level 1 but i close all my trades daily.
When i opened trades i check:

if 1H and 30M and 15M all makes HH .(Y/N) (Yes Feb 24)
if there M in 15M above Asia range with pins on top (Y/N) (Yes Feb24)
if previous cycle already had 3 levels (Y/N) (Yes Feb24)
If M at good location (Y/N)?(Yes test Daily resistance of previous day)
If M at HOD(Y/N)(Yes)

Can i consider these good conditions top enter trade from the M at Feb 24?
Is my entry today after consolidation from perfect place or should i wait better conditions ?


Thank you friends for help.

[eaymon]

stop hunt?

Screen Shot 2016-02-29 at 10.59.21 AM.png

[waza]

eaymon nope change of direction i think..

[eaymon]

eaymon nope change of direction i think..

i noticed the W at the bottom afterwards ... i was expecting a continuation from the M on friday...

Screen Shot 2016-02-29 at 12.41.37 PM.png

[waza]

yeah today was a funny day on some pairs, i did pick a few winners but did not let them run and i let the losers run lo. glad it's a demo account.

[jedrula]

yeah today was a funny day on some pairs, i did pick a few winners but did not let them run and i let the losers run lo. glad it's a demo account.

I don't know why I persist short on CADCHF , I lost on Friday and again today I am trying to.