The Captains Chest - Naked Trading & Other Stuff

[Captain Jack]

think we just saw the pin on EURJPY ?

I'm loving this

Some things never go out of style!

CJ

[sat79]

I have been big fan of FPS games in past. Okay still am, but haven't play them in few years cause don't have so much time...
There is allways some people who have allready play that game and write down how it can be played.
So if you have some hard part in game and you just cannot figure out what have to do next, you can just google walktrough for that game and voila...

I think there is many, many people out there who may have some problems with this game called "Fox Hunter Pro"

Captain, can you give walktrough for us???
Give us some example trade, what exactly is going in your head? What is your prosses when you are scanning charts? First I think that you have to look sup/dem zones where is bossible coming next batle between bulls n bears, but what is happening after that??? You drop in lower timeframes to watch the fight, like people do in colosseum in past??

I willing to help you little bit with you story. Okay I start, you can continue...

1. I wake up
2. I go make some coffee
3. Same time when coffeemaker is doing it's thing I take dog to pee and go get newspaper.
4. I take cup of coffee with me and go take a look of charts.
...
126. I take few trades and start reading newspaper what I get earlier.
...
486. I stop reading news paper and take a look of charts again.
...
788. I finish my dinner and take dog out.
789. I go to computer, bank millions what I have make today.
790. I go to sleep early cause tomorrow have to go pick up my new ferrari.

[Jason]

I actually made pips on 4/5 EUR pairs, but I didn't have a SL. If we just traded RRTs, is it possible to be highly profitable without an initial SL? Won't the price always reverse at certain points (although it may go further like the EURJPY before the NFP)?

[hannele]

Hey sat79,

We must be twins since that is what I have been doing last five years... still don't have ferrari thou... bit of bugger and I am couple $$$$$ lighter on the bank account, flaming fox has tried to wipe me out all these years. One good thing, dog is doing well and getting the daily walks
I am anticipating CJ to fill in the blanks so I can finally go and pick up my ferrari.

Cheers,
Hannele

[Captain Jack]

This is going to be hard but I'll give it a try...I'm going to interject my schedule into yours for comparison - Here goes!

1. I wake up

CJ-#1 No need to wake up as I don't sleep - eliminate #1, more time for charts

2. I go make some coffee

CJ-#2 Making coffee takes time from charts - use meth or better yet bath salts as they are cheaper and offer other benefits - see below

3. Same time when coffeemaker is doing it's thing I take dog to pee and go get newspaper.

CJ-#3 No need for coffeemaker, have bath salts - On bath salts, dog is breakfast - no more pee breaks, more time for charts. Newspaper subscription has been canceled

4. I take cup of coffee with me and go take a look of charts.

CJ-#4 I look at charts, using both hands since there is no longer a coffee cup to hold
...
126. I take few trades and start reading newspaper what I get earlier.

CJ-#5 I take a few hundred trades

486. I stop reading news paper and take a look of charts again.

CJ-#486 I look at charts, refer to CJ-#3
...
788. I finish my dinner and take dog out.

CJ-#788 Just whistle, dinner comes running - bath salts - remember

789. I go to computer, bank millions what I have make today.

CJ-#789 CONFIDENTIAL - TOP SECRET

790. I go to sleep early cause tomorrow have to go pick up my new ferrari.

CJ-#790 does not exist - sleep eliminated - save Ferrari money for margin call

Substitute following line for each and every number not specifically addressed above:

CJ-#xxx Spend time looking at charts

There, that should work!

CJ

[Captain Jack]

Hey sat79,

We must be twins since that is what I have been doing last five years... still don't have ferrari thou... bit of bugger and I am couple $$$$$ lighter on the bank account, flaming fox has tried to wipe me out all these years. One good thing, dog is doing well and getting the daily walks
I am anticipating CJ to fill in the blanks so I can finally go and pick up my ferrari.

Cheers,
Hannele

By now, you have read my reply. Let me know how well it works for you. Should trading profits increase, send 33% to this account TheFoxHunter@Nopaypal.com

CJ

[Captain Jack]

I actually made pips on 4/5 EUR pairs, but I didn't have a SL. If we just traded RRTs, is it possible to be highly profitable without an initial SL? Won't the price always reverse at certain points (although it may go further like the EURJPY before the NFP)?

Yes, BUT depends on your discipline, account size, trading habits, emotional state, greed level, fear level, pain level and your "Plan B"....

You should research "M" and "W" patterns so you understand what comprises a RRT or delayed RRT (DRRT), and the methods to trade them.

Nice going on the trades.

CJ

[Captain Jack]

Something to keep an eye on over the upcoming days Mike.

All indicators are still lagging price and will always be behind. There is nothing that can predict the future path of price. But if there was, it might look something like this....

CJ

The fox isn't the only predator in the forex forest....

CJ

[Captain Jack]

Hi Mike 3 legs?

Did you see the "M" and "W"'s? This is a H4 chart....look at it on a D1 or weekly

CJ

[Captain Jack]

think we just saw the pin on EURJPY ?

I'm loving this

I'm loving this! Like that song you can't get out of your head.....

If it goes down like this, an "M" will form if they didn't trap enough longs....

If they got what they wanted at the top, the the "W" brings them down....where they will collect shorts at the bottom and run another leg up....

I can see this walking down the line to the 112.50 - 113.50 area, then a run to higher highs...140's at some time maybe....months away or years maybe for those 140's

CJ