The Captains Chest - Naked Trading & Other Stuff

[jedrula]

EC in my view


EC D1 - redy for reversal ?

ec D1.png

EC M15

I enter too early i thnik... ? hmmm

EC M15.png

[sympathy]

EC in my view


EC D1 - redy for reversal ?




EC M15

I enter too early i thnik... ? hmmm

sometimes M/W donsnt come always. you have to develop much knowledge to understand the difference but i will try and explain it next week. good job

[Occam]

Things are clearing up in my head, thanks to sympathy, adp, occam and everyone who shares in this topic. Hat's off to CJ!

Great stuff cavey. Once you see you can't unsee!

[Occam]

Trading has change for the better and very soon it will be best

Excellent work Ben! Great to see. Keep up the good work!

[szfxtrader]

What do you guys think about a Skype or web conference room trading group?

[dudest]

...

The thing about this is that when price is pushed to a point, enticing people in, they get stuck with the trade when price turns quickly and goes against them They will not close for a small loss and as price moves away, their loss increases. Same when it reaches the other end. What ends up happening is a group of trades in locked into a position. Price will not go above the longs nor go below the shorts. neither can get out without a loss. There will be a period of accumulation, where price stays in a small range, but not exceeding the previous high. This is the Asian session, when the high and low of the day are established. There will be a point where the spread between the high and low widens. A lot of people set these new H and L's as the Asian breakout. After this, the market maker will begin the stop hunt, price moves a lot more and quicker, by now, all the earlier buyers and sellers are out, most with losses. Price will move high and trigger buy stops, locking people into positions, quickly reverse to new lows, forcing the buyers hand to dump or enter DD and triggering sell stops....price will retreat again locking the new shorts in as price runs away from them.... price will not go above or below the points the stops were taken. This is the stop hunt. Price tends to form a wedge or triangle as it whips back and forth, each time, staying between the H and L's, but not breeching the. Longs and shorts are either stuck or out, while the institution accumulates it's position.

...

John

http://beatthemarketmakerlive.com/wp-co ... -Book1.pdf

20150802 - usdtry m15 - market maker daily cycle.png

Cheers

[hannele]

...

The thing about this is that when price is pushed to a point, enticing people in, they get stuck with the trade when price turns quickly and goes against them They will not close for a small loss and as price moves away, their loss increases. Same when it reaches the other end. What ends up happening is a group of trades in locked into a position. Price will not go above the longs nor go below the shorts. neither can get out without a loss. There will be a period of accumulation, where price stays in a small range, but not exceeding the previous high. This is the Asian session, when the high and low of the day are established. There will be a point where the spread between the high and low widens. A lot of people set these new H and L's as the Asian breakout. After this, the market maker will begin the stop hunt, price moves a lot more and quicker, by now, all the earlier buyers and sellers are out, most with losses. Price will move high and trigger buy stops, locking people into positions, quickly reverse to new lows, forcing the buyers hand to dump or enter DD and triggering sell stops....price will retreat again locking the new shorts in as price runs away from them.... price will not go above or below the points the stops were taken. This is the stop hunt. Price tends to form a wedge or triangle as it whips back and forth, each time, staying between the H and L's, but not breeching the. Longs and shorts are either stuck or out, while the institution accumulates it's position.

...

John

http://beatthemarketmakerlive.com/wp-co ... -Book1.pdf



Cheers

Thank you dudest
cheers
hannele

[go4pips]

Hello dudest, thank you for your chart and nice to see you dropping by.
E.
:hi:

[websie]

CADJPY this morning. pins to the low, W 2nd leg on the H4, price not gone below the previous low. I think it's the 3rd level down.M30 3rd push down. On the M15 price is just below the Day Low and pinning. I've been reading and re reading, highlighting the salient points (for me at any rate). So I am thinking it's a buy

[sympathy]

todays trade was not good at all so i decided to trade with one of my demo account