The Captains Chest - Naked Trading & Other Stuff

Post by **ericjschroeder** » Wed Mar 07, 2018 3:29 am

Ok so continuing to learn, I took a EG short earlier, near the end of NY which is probably not the best time but I have to learn how to fit trading into my schedule. Unfortunately the best trading times are while I'm asleep so I am only watching H4. Added to the EG on a slight pullback but then closed both for a small loss when the next candle had a larger range than I expected with a long lower tail. I just re-entered the short on EG at a higher level, but still below the recent pins. Also short on GbpCad, long on UJ, EJ, GJ. Maybe not the best time to enter trades (Asia) but again, learning. However, the nice thing about trading in Asia is that it generally moves very slowly and allows lots of time for analyzing and considering, so it helps to avoid any panic or greed reactions. I'll post results later. Again, if anyone wants me to post charts as well, please say so. Thanks.

dawidforex · Post by **dawidforex** » Wed Mar 07, 2018 10:07 am

Probably

2018-03-07_093309.png

dawidforex · Post by **dawidforex** » Wed Mar 07, 2018 11:53 am

Sky's the limit

Post by **ericjschroeder** » Wed Mar 07, 2018 5:11 pm

Closed all trades near BE. Some made new lows/highs, all seem to reverse. Since I'm new to this style, I don't like it when price doesn't keep going in the right direction after I enter.

husale · Post by **husale** » Wed Mar 07, 2018 7:44 pm

My wish -we will see

dawidforex · Post by **dawidforex** » Thu Mar 08, 2018 8:47 am

2018-03-08_082848.png

Post by **ericjschroeder** » Thu Mar 08, 2018 3:36 pm

Today I have entered 5 trades on D1 pins based on significant previous levels: Sell GbpCad, UsdCad, EurAud, EurCad, and Buy UsdJpy. These are very low risk and will add to them if they continue in that direction.

Rinehart · Post by **Rinehart** » Thu Mar 08, 2018 3:53 pm

BINGO

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husale · Post by **husale** » Thu Mar 08, 2018 5:51 pm

Next idea

Post by **dydynamic** » Thu Mar 08, 2018 10:26 pm

husale » Thu Mar 08, 2018 5:51 pm wrote:Next idea

nice one.....
NZDJPY H4....let us watch out for this :hi: