The Captains Chest - Naked Trading & Other Stuff

Post by **SWG123** » Mon Apr 09, 2018 8:44 pm

Quiet Monday market, but still some pips to be made with entries near the low of the day:-

flower · Post by **flower** » Tue Apr 10, 2018 12:54 am

GJ 1 hr. Any thoughts on this pair CJ

Captain Jack · Post by **Captain Jack** » Tue Apr 10, 2018 1:18 am

flower » Mon Apr 09, 2018 8:54 pm wrote:GJ 1 hr. Any thoughts on this pair CJ

Great entry and trade...well thought out. I would watch for level formation before the next move.... orders need to be gathered perhaps...

-CJ-

Appears the retrace and level test is under way....PH's usually see fair amount of "chop" as well

2018-04-09_21-19-43.jpg

tomson002 · Post by **tomson002** » Tue Apr 10, 2018 1:56 pm

Hi. Yesterday i saw something like this.
1. In the first square we had Peak Low and W pattern.
2. In the second square we had LvL 1.
3. In the third square we had LvL 2 and trapping volume. I have marked the place where I wanted to open the buy position with an arrow.
4. In the fourth square it looks like we have LvL 3 or stop hunt.
Could someone with more experience comment on my thinking?

P.S.I apologize for my English but it is not the language which I use on a daily basis.
Thanks

kola8701 · Post by **kola8701** » Tue Apr 10, 2018 3:20 pm

Some not so good scalps;

Eur/Cad , Cad/Chf , G/Chf and A/usd

kola8701 · Post by **kola8701** » Tue Apr 10, 2018 3:22 pm

E/Aud , Usd/Jpy, N/Jpy and Aud/Jpy.

kola8701 · Post by **kola8701** » Tue Apr 10, 2018 3:44 pm

Attempt on level counting.

Usd/Jpy and Nzd/Jpy
Eur/Usd and Aud/Jpy

MikeB · Post by **MikeB** » Tue Apr 10, 2018 3:52 pm

Have we seen this movie before? Thanks for the map CJ!

Post by **Wavegarrick** » Tue Apr 10, 2018 4:25 pm

Hi Guys,

For those of you using intraday charts and having to look at the bigger picture. I know it can become confusing when looking for W's and M's and find that trades go against your W or M in the London session, especially when you are looking for your level 3 counter trend trade. Just something I find useful, is using Nanninbobs Hgi indicator. I have had umpteen trades coming out of the Asian session going into London open. If there was an Hgi trend wavy or trend arrow the asian session I will not dare to trade a W or M going into London and on the contrary trade with the Hgi indicator going into London. The reason I bring this up is because I know CJ did at some time mention HGI as a useful tool to look for entries in his discussions with Bob.

Needles to say I am going from strength to strength with my manual intraday trading and booked 800 pips so far today, a record for me.

Probably cheating an insy weensy teeny bit, but heck, this is trading

Cheers
Leon

rambo06 · Post by **rambo06** » Tue Apr 10, 2018 6:26 pm

"Timing beats speed, perception beats deception, fearless beats fierce."

Had just under 1 lot of free margin to work with today as I still have a ton of trades that are stacked to the Gods on the higher timeframes.. Decided to work on being more disciplined with the stacked entries, only entering at the conclusion of a pullback..

R.