The Captains Chest - Naked Trading & Other Stuff

Post by **Wavegarrick** » Tue May 22, 2018 3:39 pm

Husale, I have had to wait for this one to come back to me..nevertheless all looking good now. Had some DD.

A bounce off yearly support is hardly something I would want to get into on the sell side. Of course for a few pips is ok.

Cheers
Leon

husale · Post by **husale** » Tue May 22, 2018 8:10 pm

@Wavegarrick
yep, on D1 definitely we have nice ride up, now speculatively, I am looking for an area where it is expensive, so I sell, of course, corrective

ad.
on EURAUD closed the positions yesterday, only one remained, I am waiting for a pullback to sell or hedge

EURAUD_D1 close.png

husale · Post by **husale** » Wed May 23, 2018 3:16 pm

I think this is good area to catch $ when do not take them

CHFJPY _cash.png

taurus007 · Post by **taurus007** » Wed May 23, 2018 5:11 pm

nice trade husale. when did you enter the last 2 additional trades - right away, together with the first entry or later, when price started to dance around at SH?

husale · Post by **husale** » Wed May 23, 2018 5:27 pm

taurus007 » Wed May 23, 2018 6:11 pm wrote:nice trade husale. when did you enter the last 2 additional trades - right away, together with the first entry or later, when price started to dance around at SH?

that's how the fight looked

CHFJPY_after.png

taurus007 · Post by **taurus007** » Wed May 23, 2018 5:35 pm

it is nice but I was asking at what point did you add the 2 lower trades - together with the first anchor one or later and why if you don't mind. To me they were added straight into the fight and ended up in DD right away.

husale · Post by **husale** » Wed May 23, 2018 5:48 pm

taurus007 » Wed May 23, 2018 6:35 pm wrote:it is nice but I was asking at what point did you add the 2 lower trades - together with the first anchor one or later and why if you don't mind. To me they were added straight into the fight and ended up in DD right away.

last 2 orders was place first time below SH even strong move. This order is small position.

taurus007 · Post by **taurus007** » Wed May 23, 2018 5:57 pm

Cool. I am just learning how to do that that's why I am asking you if you don't mind.

So, you've entered all 5 orders at the same time then. Did you use take profit or closed all of them manually? I don't see any TP line so probably you've closed them manually then.

I see your initial stop loss was about 15 pips above the top, correct? For additional orders did you have stop loss at the same point or they did not have any stop loss at all?

husale · Post by **husale** » Wed May 23, 2018 6:14 pm

I'm not a professional, but what do I say;)

my observation look at the price
- find (level,peak, etc..) when price is cheap/high prices like a vegetable marke

if my opinion is price is cheap - buy/ high -sell. I circle the area where I can buy where to sell. dividing positions, I try to set bigger positions the higher. Stoploss -one to all position.
Trying to find CJ patents in the charts :0

taurus007 · Post by **taurus007** » Wed May 23, 2018 6:17 pm

ok, thank you for your answers