The Captains Chest - Naked Trading & Other Stuff

[lhDT]

YEN-Pairs
On the 60TF the Candles are forming Pinbar to the upper side.

Edi, could you explain me how you set your trades ?
Based on your charts, I would rather go long on all of them (maybe not now but in the next few bars probably). All at resistance lvl.
What kind of targets are you aiming for ?

Am I missing something ?

[Captain Jack]

Hi Captain could you help me ascertain which way the EUR/NZD pair may go

Thanks Steve

Looks a lot like the EURCAD pair and I'm long several EUR pair....I have a small position LONG on EURNZD as well....

CJ

[swisscheese]

What do u think about an AU short ?
- We have that M at the top
- On a trendline
- That huuuuuuuuge triangle started on july 2011

Comments welcome.

Kinda of in the same shape as NZDUSD....worth monitoring....

Edi put the H4 chart up a few posts back....

CJ

[Captain Jack]

YEN-Pairs
On the 60TF the Candles are forming Pinbar to the upper side.

I'm seeing them to the bottom of the candles Edi....??? :

The D1 could be forming RRT's :

CJ

[BritShrtHair]

I'm seeing them to the bottom of the candles Edi....??? :
The D1 could be forming RRT's :
CJ

USDJPY: Is foxie playing with our minds ?

[mobthehop]

CJ,

first off - thanks for your continued posting of charts - very helpful....

You can take it short after I get my 50 back to the 50...
Good luck to us!

Let's say the first 5 pending orders have been converted to buys, then the UJ reverses... Sorry I do not mean to pour oil on the flames, just saw the UJ drop!!!

1. Do you set your open orders to BE when the next pending is converted?
2. Do you close all on reversal, if yes, when? or
3. Do you let them go into DD till your initial SL (first order minus 10-15 pips?) is hit...

Would you pls consider to attach the following indicator to your "training charts":
- it places an arrow for every order entry
- it shows where all orders were closed
- shows pips profit / loss per order (might not work correctly on all Metals, etc as I have not added the proper PipFactor conversion yet)
- it shows breakeven line (if some orders in loss, others in profit)
- after close of orders it prints total pip profit / loss at bottom of screen

This was coded by blubb over at kreslik a long time ago....

Cheers & thanks for taking the time to answer my questions..

Mop

[swisscheese]

YEN-Pairs
On the 60TF the Candles are forming Pinbar to the upper side.

Edi, could you explain me how you set your trades ?
Based on your charts, I would rather go long on all of them (maybe not now but in the next few bars probably). All at resistance lvl.
What kind of targets are you aiming for ?

Am I missing something ?

It was a feeling, the way the charts looked like.

The levels where already bounce levels so good entry points.

So I had 2 choices:

1. Trade what I see (the Bounce level)
Or
2. Trade what I feel.

It's hard to explain, sorry.
Edi

[Captain Jack]

I'm seeing them to the bottom of the candles Edi....??? :
The D1 could be forming RRT's :
CJ

USDJPY: Is foxie playing with our minds ?

Not really, I go early a lot of the time....supposed to wait for the 25-50 pip move above or below the Asian range... Usually happens over 3 candles or 3 pushes out of the range....

CJ

[swisscheese]

GBPJPY on a bounce level

CADJPY at the weekly low (make or break)

Edi

[Captain Jack]

CJ,

first off - thanks for your continued posting of charts - very helpful....

You can take it short after I get my 50 back to the 50...
Good luck to us!

Let's say the first 5 pending orders have been converted to buys, then the UJ reverses... Sorry I do not mean to pour oil on the flames, just saw the UJ drop!!!

1. Do you set your open orders to BE when the next pending is converted?
2. Do you close all on reversal, if yes, when? or
3. Do you let them go into DD till your initial SL (first order minus 10-15 pips?) is hit...

Would you pls consider to attach the following indicator to your "training charts":
- it places an arrow for every order entry
- it shows where all orders were closed
- shows pips profit / loss per order (might not work correctly on all Metals, etc as I have not added the proper PipFactor conversion yet)
- it shows breakeven line (if some orders in loss, others in profit)
- after close of orders it prints total pip profit / loss at bottom of screen

This was coded by blubb over at kreslik a long time ago....

Cheers & thanks for taking the time to answer my questions..

Mop

I don't think the indicator is going to work too well with the number of trades that I place....and I really don't want to look at all of that....

CJ