The Captains Chest - Naked Trading & Other Stuff

[bassramy]

Just a follow up, notice the spread and the candles on the Chart.

[cuzgeorge]

Bassramy,
i think there was some serious stop-hunting going on with Alpari,
I would hope to never see spikes like that. My GP is a demo, but i dont htink live would have those spikes either, can anyone confirm with a live account?

global prime Empty4 gbpjpy daily as per bassramy.png

[cuzgeorge]

Thanks for confirming Lio,
Looks like a possible 'M' on daily, but the spikes would signal a long position coming up. Going back and zooming shows me a ranging market, i cant pick up a direction here. GBP generally seems to be on a mid to low position and i have some demo EA's opting for the buy on long term (for a week or maybe more). We'll see.
regards
cuz

[lhDT]

Thanks for confirming Lio,
Looks like a possible 'M' on daily, but the spikes would signal a long position coming up. Going back and zooming shows me a ranging market, i cant pick up a direction here. GBP generally seems to be on a mid to low position and i have some demo EA's opting for the buy on long term (for a week or maybe more). We'll see.
regards
cuz

Indeed and possible support around 139 to go long but on longer tf only. M15 & H1 doesn't say anything to me right now.

[jasonckb]

For daily chart in GBPUSD, seems that level 1 rise is forming and now may be in the accumulating long stage. Any buddies concur?

[SteveHopwood]

As for the other things you've brought up Steve, I'd say you are starting to see this market for what is really is. When you do, it's like getting hit with that sledge hammer right between the eyes

Exactly how Gareth described it.

[lhDT]

As for the other things you've brought up Steve, I'd say you are starting to see this market for what is really is. When you do, it's like getting hit with that sledge hammer right between the eyes

[/quote]

Last week was good but this one nope. In fact I'm always a bit afraid of buying to lows & selling he highs ... afraid of more follow trough.
Example : I Spot a good "W", I want to go long at the "\/\_" leg and then it suddenly drop more and SL is hit ...

[Wavegarrick]

I have been a follower of Steve's forum for a a couple of months now, and low and behold I get a message in my inbox to look at this thread. Quite frankly I could not help but reading for many hours now. In one of the comments a member said that he could not look at his charts anymore because it was cluttered with indicators, well this is the stage I have reached, spaghetti with signals all over the place. This is what I have been searching for, simplicity. Well done CJ and be sure that I will be following.

[totty23]

OH my God, I'm thoroughly enjoying this forum but cannot get past page 6 of the Captains thoughts without needing to log in again, after doing so and maneuvering to page 6 I guess I have used up all my available pages for that log in session!!!!!
Can anyone shed light on this? I logged in with a wrong name as suggested to reset but with no results.

[Captain Jack]

OH my God, I'm thoroughly enjoying this forum but cannot get past page 6 of the Captains thoughts without needing to log in again, after doing so and maneuvering to page 6 I guess I have used up all my available pages for that log in session!!!!!
Can anyone shed light on this? I logged in with a wrong name as suggested to reset but with no results.

There is no limit to your session here. I can stay logged into the forum for days at a time....

CJ