The Captains Chest - Naked Trading & Other Stuff

Post by **dydynamic** » Fri Sep 08, 2017 6:03 am

kola8701 » Fri Sep 08, 2017 4:40 am wrote:E/U , would have been better to wait and enter after Asian session.

FOREX IS NOT RANDOM.......
FOREX IS PREDICTABLE........
It took me more than 7 years to realise the facts above and now it will take me at least a year of mistakes and miscalculations to adjust and be consistently profitable....
So, do not beat yourself up because you made a mistake or miscalculated, you are on the right track, never give up because the fox does not want you to fight back and win......
LOOK AT THE CHARTS A ZILLION TIMES AND LIKE MAGIC YOU WILL SEE TO UNSEE...... :hi:

kola8701 · Post by **kola8701** » Fri Sep 08, 2017 9:39 am

dydynamic » Fri Sep 08, 2017 7:03 am wrote:
kola8701 » Fri Sep 08, 2017 4:40 am wrote:E/U , would have been better to wait and enter after Asian session.
FOREX IS NOT RANDOM.......
FOREX IS PREDICTABLE........
It took me more than 7 years to realise the facts above and now it will take me at least a year of mistakes and miscalculations to adjust and be consistently profitable....
So, do not beat yourself up because you made a mistake or miscalculated, you are on the right track, never give up because the fox does not want you to fight back and win......
LOOK AT THE CHARTS A ZILLION TIMES AND LIKE MAGIC YOU WILL SEE TO UNSEE...... :hi:

Thanks dydynamic, I've come a long way to even think about quitting now lol. I was not on the PC, there was another small reversal formation right on top that I could have entered again.

Quoting CJ "One thing you can do is to add an order at the top...this gives you a new trade with a very good R:R ratio....if you are in DD now, it brings you out of nega- tive float with both orders,
sooner."

Post by **michosz** » Fri Sep 08, 2017 12:25 pm

kola8701 » Wed Sep 06, 2017 7:33 am wrote:Looking for a fall. Not sure if the high is established yet.

I was in hope that G/U will not fall

........................................................................................................................................
My Trade

All The Best For All !

kola8701 · Post by **kola8701** » Fri Sep 08, 2017 1:18 pm

michosz » Fri Sep 08, 2017 1:25 pm wrote:
kola8701 » Wed Sep 06, 2017 7:33 am wrote:Looking for a fall. Not sure if the high is established yet.
I was in hope that G/U will not fall
........................................................................................................................................
My Trade

All The Best For All !

Nice one you got there, I'm selling it now for few pips, doesn't look all that good to me though.
I like G/Cad sell better. Watching G/A for possible M on 15mins.

kola8701 · Post by **kola8701** » Fri Sep 08, 2017 5:31 pm

Added G/Chf, skipped G/A as no M formation.

ncoyte · Post by **ncoyte** » Sun Sep 10, 2017 8:39 am

kola8701 » Fri Sep 08, 2017 1:18 pm wrote:
Nice one you got there, I'm selling it now for few pips, doesn't look all that good to me though.
I like G/Cad sell better. Watching G/A for possible M on 15mins.

Price should be looking to hit your GBPUSD H1 SL.

kola8701 · Post by **kola8701** » Sun Sep 10, 2017 8:25 pm

ncoyte » Sun Sep 10, 2017 9:39 am wrote:
kola8701 » Fri Sep 08, 2017 1:18 pm wrote:
Nice one you got there, I'm selling it now for few pips, doesn't look all that good to me though.
I like G/Cad sell better. Watching G/A for possible M on 15mins.
Price should be looking to hit your GBPUSD H1 SL.

I think you mean G / Cad , SL triggered.
Still in G/U.

kola8701 · Post by **kola8701** » Sun Sep 10, 2017 8:36 pm

I'll remove the TP on EU later when market open.

fuzz · Post by **fuzz** » Mon Sep 11, 2017 2:44 pm

Hi guys, I was studying this way of trading back in 2014, unfortunately I ended up moving to other methods, Al Brook, YTC, ICT, CHOROS, Market Profile & Volume Profile and many many books, nothing worked for me, funny how after 3 year of frustration I can realize what I've read 3years back is the most close the the truth in this business. Only now I can understand what CJ was pointing out the entire time. This thread is the absolutely golden chest among many many BS allover the internet.

thanks CJ

Weyk · Post by **Weyk** » Mon Sep 11, 2017 2:54 pm

Hi what is YTC, ICT? And CHRONOS: you are talking about CHRONOS System from ForexFactory?

I want to find some books that are explaining thinks step by step. This topic is just too big and CJ style is scattered in thousand of pages.

fuzz » 11 Sep 2017, 17:44 wrote:Hi guys, I was studying this way of trading back in 2014, unfortunately I ended up moving to other methods, Al Brook, YTC, ICT, CHOROS, Market Profile & Volume Profile and many many books, nothing worked for me, funny how after 3 year of frustration I can realize what I've read 3years back is the most close the the truth in this business. Only now I can understand what CJ was pointing out the entire time. This thread is the absolutely golden chest among many many BS allover the internet.

thanks CJ