The Captains Chest - Naked Trading & Other Stuff

[Amit]

ON h1 there is only one level of drop.. hence i zoomed down to m15..

thanks.

Guys is this GCAD count m15 correct ?

Difficult to see a M there at that time. Of peak hour I would rather look at the bigger timeframes (h1+)

[xrismak]

El Capitaine CJ,

Dear xrismak,
I am glad to hear to you are starting to make profits with this method and find it simple to follow. I have 7 years of fx trading behind me with indis, systems etc. so I find it still difficult ( old habits die hard ) to just believe in this simplicity of naked trading but I can see that it does work ( CJ ).
"Once Again PEEPS, DO YOUR HOMEWORK and if in DOUBTH ask Questions but SENSIBLE Ones." As I have followed hourly and taken notes of this thread since CJ started it, I recall him saying only dumb question is one that is not asked.... you seem to have a different opinion. Maybe in the future you could skip my questions and let CJ handle them.
cheers hannele


HANNELE,

I beg your Pardon ! I did not make Reference to any of your Questions in any Shape or Form on this Thread as not Sensible . The Sensible Questions thing was a Figure of Speech not Particulalry Directed at You .
My Post was for Everybody, Where is all this Animosity coming From :!: :!: :!:

You Stay Cool...

xrismak

[xrismak]

End of Story 1.png

Started From Here on Friday 1.png

Keep an eye out for stop hunts between 9-9:30am....session change over time....I'll be out for a bit....

NZDUSD, USDCAD, EURAUD, AUDUSD, AUDNZD, AUDCAD, AUDJPY...watch list....

CJ

El Capitaine CJ,

Like I told you earlier this Morning, the Posts are Coming, It's been a while since I made Money So fast and this Easy, this kind of feels like a Good Dream.... but it's Real Money and

Started From Here on Friday 1.png

it's on a Live Account.

Thank you so Very much.

xrismak.

[Kruspe]

And what about this.. .. Maybe a little rise up before NY close. Btw today was really crazy day..

[xrismak]

And what about this.. .. Maybe a little rise up before NY close. Btw today was really crazy day..

Kruspe,
What Currency was that !

[Kruspe]

EUR/USD... sorry, I didn´t mention it

[Aus67]

Any thoughts on whether the EURUSD on daily chart being at level 3 or still on a 2

I wonder if the smash down today was a result of the huge put option CJ mentioned the other day?
or if it has more to go...
comments anyone

sorry guys attached is the 4hour chart...but you can see the levels clearer on the daily.

cheers daryl

EURUSD.JPG

[Kruspe]

You´re right Asus, daily TF scares me a little bit ... btw USDCHF looks fine too, I opened a little sell with tight SL and TP,no big deal.. maybe it´s too late and I could stuck in tight Asia range. Price is in previous days highs zone, check it.

[SWG123]

Hi Nev,

I'd like to thank you as well. I'm still trying to get up to speed. Can you tell me how you determine what is a stop hunt and what is the top of a leg on your AUD/USD H4 chart? Thank you.

This might help. Spreads usually widen momentarily at NY close. Is it a stop hunt? I'm not sure, but look at the effect on this chart. the blue line is 8 pips tall. It straddles obvious S/R levels - multiple previous highs and lows. The spread briefly widens to almost 8 pips, dragging in all stops and limits in that range. You can see how, if done as a result of manipulation, this would benefit a dealer...

stop hunt.gif

[f451]

CJ,

Would you mind running through what steps you take in doing your chart homework to create your daily watchlist?

cheers
Simon