The Captains Chest - Naked Trading & Other Stuff

dawidforex · Post by **dawidforex** » Wed Dec 14, 2016 3:15 pm

usdjpy.JPG

Post by **rewand** » Wed Dec 14, 2016 4:12 pm

dawidforex » Wed Dec 14, 2016 3:15 pm wrote:

Dawid, that was at 2am, now we are few hours away from the FOMC event. The drop we see on the first chart is some 50 pips only. Do you believe that kind of PA is likely? I would expect violent moves but at least a real move with pips. Also, since you have short trades going on, you are practically hedging. Why not just close those trades on top and stay aside? I am just curious to know about the rational and how you manage these opposing positions, so I may learn stg out of it.

I closed most of my trades at .90, left a small short pos open and waiting to enter up at better price. If I cant, I accept a smaller gain. Or loss with no sl. But I am sick now, I cant do much.

dovlett · Post by **dovlett** » Wed Dec 14, 2016 6:02 pm

Does anyone has the same opinion? Maybe rate hike later?

dawidforex · Post by **dawidforex** » Wed Dec 14, 2016 8:20 pm

The Trend Is Your Friend

Post by **woodlands** » Sat Dec 17, 2016 5:12 am

Classic pattern

EURJPYM5.png

dawidforex · Post by **dawidforex** » Sat Dec 17, 2016 6:02 am

woodlands » 47 minutes ago wrote:Classic pattern

very nice

dawidforex · Post by **dawidforex** » Sat Dec 17, 2016 6:17 am

usdjpy.JPG

Post by **woodlands** » Sat Dec 17, 2016 10:54 am

I didn't see three levels up so only took the first confirmed level down after the pins, also had to do other stuff so missed the W and three up

but M5 has been my friend this week

USDJPYM5.png

Post by **dydynamic** » Sat Dec 17, 2016 1:34 pm

Ok guys check out this xmass gift from the fox

Post by **rewand** » Sat Dec 17, 2016 7:14 pm

UJ mapping