The Captains Chest - Naked Trading & Other Stuff

The forum for Captain Jack and CJ related thingies.
Post Reply
CCCGAMING
Trader
Posts: 61
Joined: Sun Jul 15, 2012 1:02 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by CCCGAMING »

xrismak wrote:
pamboys09 wrote:hmm.. maybe im doing the count wrong.... how about this?

ths is h4 usdchf
Pamboy,

You are not too far off the Mark, this is a Clearer Analysis of the Chart you Posted Earlier on, sometimes you might get as much as 3 to 4 Level Pushes but mostly to be on the Safe Side 3 Pushes should make you enough Coins.


Happy Trading Y'all

xrismak ;)
thanks ALOT xrismark !!

why my first mark is not consider a level push?
User avatar
kwanann
Trader
Posts: 948
Joined: Thu Nov 29, 2012 1:53 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by kwanann »

pamboys09 wrote:
xrismak wrote:
pamboys09 wrote:hmm.. maybe im doing the count wrong.... how about this?

ths is h4 usdchf
Pamboy,

You are not too far off the Mark, this is a Clearer Analysis of the Chart you Posted Earlier on, sometimes you might get as much as 3 to 4 Level Pushes but mostly to be on the Safe Side 3 Pushes should make you enough Coins.


Happy Trading Y'all

xrismak ;)
thanks ALOT xrismark !!

why my first mark is not consider a level push?
Simple that's the m formation
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
CCCGAMING
Trader
Posts: 61
Joined: Sun Jul 15, 2012 1:02 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by CCCGAMING »

Thank you guys I get it now... I guess ill just do 4h time frame.. and learn with you guys... 4hr is less stressful..
User avatar
kwanann
Trader
Posts: 948
Joined: Thu Nov 29, 2012 1:53 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by kwanann »

In case its not obvious, i set traps for the fox, xrismak follows the fox.

Please follow his method, mine is for those who dont see the charts all the time
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
CCCGAMING
Trader
Posts: 61
Joined: Sun Jul 15, 2012 1:02 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by CCCGAMING »

Thanks..kwanann.. looks like eu gu is at lv3 now.. same time with nfp... lets follow what the fox does today.
CCCGAMING
Trader
Posts: 61
Joined: Sun Jul 15, 2012 1:02 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by CCCGAMING »

Xrismak whre do you put stoploss? Above the m? Or just mental stop?
User avatar
kwanann
Trader
Posts: 948
Joined: Thu Nov 29, 2012 1:53 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by kwanann »

pamboys09 wrote:Thanks..kwanann.. looks like eu gu is at lv3 now.. same time with nfp... lets follow what the fox does today.
Looks like it, they will probably use NFP as a reset. Will probably be sitting today out unless i see something clear emerge

For SL, its more of a mental stop for me, but honestly speaking, once you figure this out you should never need to put a SL, your DD will be minimal since you are trading with the "trend"

Worse case scenario when i have a loss of 100pips i will reevaluate but so far the fox has been very kind and doing what its supposed to do
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
xrismak
Trader
Posts: 710
Joined: Tue Apr 24, 2012 9:43 pm

Re: The Captains Chest - Naked Trading & Other Stuff

Post by xrismak »

CCCGAMING wrote:Xrismak whre do you put stoploss? Above the m? Or just mental stop?

Hello CCCGAMING,


I Don't Use Stoploss when I trade Naked, I trade within Reason managing by little Resources very Well. I like to Use Take Profit when I am not at my Desk viewing my Trades.

Happy Trading Y'all.

xrismak. ;)
You do not have the required permissions to view the files attached to this post.
CCCGAMING
Trader
Posts: 61
Joined: Sun Jul 15, 2012 1:02 am

Re: The Captains Chest - Naked Trading & Other Stuff

Post by CCCGAMING »

xrismak wrote:
CCCGAMING wrote:Xrismak whre do you put stoploss? Above the m? Or just mental stop?

Hello CCCGAMING,


I Don't Use Stoploss when I trade Naked, I trade within Reason managing by little Resources very Well. I like to Use Take Profit when I am not at my Desk viewing my Trades.

Happy Trading Y'all.

xrismak. ;)
i see i saw your trades.. i also have the same trade... hmm.. you really trade the one that is on the peak of the lv 3 :)]

do you only trade h4?

also what happened if the trade goes the other way??? you just close it?
seanyd
Trader
Posts: 146
Joined: Sun Mar 10, 2013 11:02 am
Location: Sunny Ireland lol

Re: The Captains Chest - Naked Trading & Other Stuff

Post by seanyd »

Nice trade on Friday , thought I`d try and trade NFP although nasty DD :twisted: 60 pip spike but it came good , chickhened out at 112 pips :roll: , exit was 200 ema RRT although I have a feeling it has only made 2 levels and their should be a 3rd push up :?:
usdjpy_ukm15trade.png
You do not have the required permissions to view the files attached to this post.
All warfare is based on deception.
SUN TZU
THE ART OF WAR
Post Reply

Return to “Captain Jack's forum”