The Captains Chest - Naked Trading & Other Stuff

[taurus007]

Well, I am still rereading the thread for the second/third time now. It feels scary to be honest. When I could not login a couple of days ago I decided that foxes just bought out SH site, period. I would if I was them – really almost nobody is teaching this stuff.

I started years ago, started like many with 5 min charts and then spent endless hours taming higher timeframes after I failed on 5 minutes. Nothing really worked before I came here; I was b/e or slightly better.

I am still experimenting trying to figure out which style is mine but… today, for the first time in many years, I lazily traded 5 minute charts. Just threw whatever works in Asian session, not believing in anything really - some JPY, Aud, and NZD mix. Does not matter that a bunch of central banks is on holydays, does not matter anything – all 3 of my trades arrived exactly to where I thought they should. Like some are saying on this thread, I made about 60% of my thin experimental account in lazy trading of a redundant Asian session. Used level count plus ICT order block for TP. It is just ridiculous, it probably was the beginner luck but I am having more and more of this applying CJ gifts.

It cannot be this simple, I don’t believe it. This stuff is incredible.

I think the only problem is that it was explained from too many angles. CJ is obviously a Master, he is a universal warrior, and he can do anything.

Then there was xrismak who’s posts I never really understood but the guy apparently got it. He is an artistic so unless you think like him his explanations won’t work for you like they never worked for me. But he got it his way.

Then there was Kwan who sounded like a teacher. He got it his way too, methodical and logical. It is closer to who I am.

Then was dudest who again, was logical, with abc and 123. It clicked with me a lot, so I am leaning to use it somewhat his way. Plus again, to Michael Huddleston (ICT) who pretty much with different words described many things that CJ described. I learned from him about Asian tunnel, optimal trade entry – 70.5% retracement and many other things which correspond to CJ teaching. They both came from the same source – I mean CJ and ICT, they both picked it up somewhere where there was a leak from the fox, I am sure. I think ICT’s concept of Order Block is brilliant, it is just asking to be introduced here, I am surprised CJ never mentioned it actually. Google it. That’s your 95% TP area.

Then there was sympathy, again, an artistic guy who got it his way. I am not that artistic so his style won’t work for me, I never got any of his explanations.

Then there were others who got it, it does not really matter as by the time you read it you are getting your own vision. Especially after a couple or more of reads…

I guess my only challenge now is to find my way to skin the fox so to speak.

Just a late night rant after by still being shocked how easy it was to trade 5 min in a lazy very slowly moving Asian session. I dreamed about it for so many years that I even forgot about my dreams. And now it is here. I just entered, set TP and left my computer to come back to see TP hit in an hour. And I did have a stop loss and moved to b/e so the risk was 0.

I am seriously scared. I don’t want to trade 5 min charts, this is blemish, isn’t it?

I won’t be posting any trades as it does not work for me. But I am here and I am shocked. I saw CJ on this forum today. Thank you CJ, you already changed my life. You have to know it. I saw your name below today - this is your baby and you probably won't abandon it fully, too much soul invested.

After I read a couple of hundred pages for the first time I said to my wife – I just killed the elephant. Now we have to figure out how to eat it.

I will double my account 3-4 times to prove to myself that I am not dreaming and will go crazy. Fox owes me a lot.

[fundi]

@taurus007

Awesome!, good stuff!

:hi:

[fundi]

Shorting USDCAD

20180501_usdcad_h4_abc_level_shorts.png

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[fundi]

Nice entries. I caught chunks of the GBP slide to the short side on Friday. I'm still watching for an entry to the upside. Maybe the Asian session will provide it.

Some nice W's on this morning...

Didn't take them though, had thrown my margin at USDCAD shorts

[fundi]

Shorting USDCAD


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Took profits when pins began to appear this morning

By my count, L1 is either over or at stop-hunt

If L1 is over and price retraces to 61.8 Fib ( forming C of a-b-c ), i will re-enter for L2 ride

20180502_usdcad_h1_level_shorts_plan.png

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[MikeB]

Took profits when pins began to appear this morning

By my count, L1 is either over or at stop-hunt

If L1 is over and price retraces to 61.8 Fib ( forming C of a-b-c ), i will re-enter for L2 ride

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Hey Fundi, This is what I see on U/C, but keeping in mind my level counting skills have cost me more than they've made me. I need to find a pattern to match!

[fundi]

Hey Fundi, This is what I see on U/C, but keeping in mind my level counting skills have cost me more than they've made me. I need to find a pattern to match!

Hey MikeB!

That may well happen I had also noticed what might be a rising trendline on D1

For this short-term, I was looking at it from this angle

That resistance where price has done a 3-touch is
>> a round number ( 1.2900 ) and
>> is the 61.8 retrace of the large down-swing from the daily

And price did a similar 3-touch on the Daily at the same level last year

The pushes I was counting from M15.
IF I'M RIGHT, now we are at the start of an L2 down-move (counting from M15)

PS: I hope I'm seeing the current state of events right, given that tonight is FOMC !

Cheers

20180502_usdcad_m15_level_shorts.png

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[fundi]

By the way!, have a look at:

EURUSD D1 ( before the fall from 15 --> )

XAUUSD D1

USDCAD H1

WTIUSD H4

I could be wrong but I have this nagging feeling that I'm looking at the same thing
( where's that whatsapp thinking-while-holding-chin emoji ??! )

Will post charts later!, have to head out

[dydynamic]

M15 EURUSD

[michosz]

Hello Traders :hi:

I don't write on forum, especially on polish forum, because people always "hate You" :youknow:
Trades which posts is only one good of a thousand bad.
People don't believe that it's possible to have profit on forex.
I thought that here is better, but I see that isn't exactly what I thought

I want to tell that Xrismak is a good treder.
He taught me a lot of things, so thanks very much !

Rambo06 - nice trades ! It's my old style, now I trade only D1 Time Frame

Information about "strategy" is here on this thread, but everyone should read thread from the begginings , not from the end. The information is repeat over and over again. But You need time to understan and adaptive information and practise it.

Even When I wrote to someone information about my entry, people didn't take trade WHY ?
Probably They don't believe that it works

All The Best