The Captains Chest - Naked Trading & Other Stuff

mtl · Post by **mtl** » Tue Mar 06, 2018 1:36 pm

Dawidforex

what are they doing on eurusd?

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Post by **ericjschroeder** » Tue Mar 06, 2018 4:16 pm

fx800 » Mon Mar 05, 2018 10:05 pm wrote: Hi Eric
Looking at your results you are doing fantastic. Well done !

Thank you but this was only the first day. I missed opportunities this morning so am waiting for clear setups for me. I am still learning.

Lucifer · Post by **Lucifer** » Tue Mar 06, 2018 5:38 pm

ericjschroeder wrote:Hi, everyone. I will post some results from today and charts if someone requests, just to make sure I am seeing things correctly. I am still trying to work out when is the best time for me to trade around my schedule. I looked at the charts a little more than 1 hour after NY open and placed these trades based on what I saw (after reading through the condensed PDF of this topic):

I stacked a few of the EJ and GJ but not the AJ and UJ since I felt it would be better to increase lot size as CJ teaches, rather than add more trades to different pairs. I am primarily trading the H4 because I can't spend a lot of time during the peak trading times at the PC. I aimed for 1:1 and closed all trades just before EOD to avoid swap and high spreads. I am now waiting for pullback setups on some of the 14 pairs that I watch; no CHF pairs and only 1 NZD (NU) but I figure that will give me enough opportunities.

Any feedback is welcome since I am still trying to learn to be a successful trader, after spending 15+ years doing some things right and most things wrong.

Well done Eric 15 years is a lot!!

Lucifer · Post by **Lucifer** » Tue Mar 06, 2018 5:40 pm

I just have problems with entry...

Post by **ericjschroeder** » Tue Mar 06, 2018 6:08 pm

Lucifer » Tue Mar 06, 2018 9:40 am wrote:I just have problems with entry...

As I said, I'm still learning but I don't see ANY entry here, just a lot of sideways action. When I look at this chart my response (to me) is "Wait". There are lots of other pairs that are showing possible setups and entries.

Rinehart · Post by **Rinehart** » Tue Mar 06, 2018 6:21 pm

mtl » Tue Mar 06, 2018 7:36 am wrote:Dawidforex

what are they doing on eurusd? :

In case Dawidforex doesn't reply, I think we are forming either Lvl 3 or a SH. After that I expect another high and then I'll start to watch for an M.

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dawidforex · Post by **dawidforex** » Tue Mar 06, 2018 6:35 pm

Rinehart » 10 minutes ago wrote:
mtl » Tue Mar 06, 2018 7:36 am wrote:Dawidforex

what are they doing on eurusd? :
In case Dawidforex doesn't reply, I think we are forming either Lvl 3 or a SH. After that I expect another high and then I'll start to watch for an M.

Something like that

Lucifer · Post by **Lucifer** » Tue Mar 06, 2018 6:54 pm

Rinehart wrote:
mtl » Tue Mar 06, 2018 7:36 am wrote:Dawidforex

what are they doing on eurusd? :
In case Dawidforex doesn't reply, I think we are forming either Lvl 3 or a SH. After that I expect another high and then I'll start to watch for an M.

In my opinion it is at level 3 and it will fall

mtl · Post by **mtl** » Tue Mar 06, 2018 10:09 pm

thanks everyone for the answers

Rinehart · Post by **Rinehart** » Tue Mar 06, 2018 10:33 pm

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