The Captains Chest - Naked Trading & Other Stuff

[Captain Jack]

Welcome to the thread lilac. I would prefer to keep the thread to it's intended topic of "naked trading", meaning without indicators and mostly clean charts. There is a sub-thread here for the use of indicators combined with the concepts put forth in the main thread here.

http://www.stevehopwoodforex.com/phpBB3 ... m.php?f=60

CJ

[kwanann]

Am i on right track?

Without zooming out to find the parent high or low, it's hard to tell, but based on the img of h4, I see a w at the bottom and possible l1, looking at uptrend

Also gbpusd is currently on uptrend as well, and since cad and usd is quite correlated, chances are high the m will not print..

Another thing, on the m15 notice the lows are not revisited, but highs are frequently revisited, this is a sign that fox wants to go up

[Captain Jack]

Profits taken on EURGBP....looking for the reversal during NY session range during Asian....also the AUDNZD trades hit SL for small loss when the pullback did not materialize.

CJ

[kwanann]

My method of scaling in.

This is actually my second set of trades for today, closed the same set at mid asian for some profit, added a small trade on exit in case the pairs move in my favor.

In this case they didnt so i stacked more as it retraced. this is NOT martingale, i have a bad habit of entering early. Luckily for me, i was able to catch them at the turnaround points. Unluckily, my kids were bugging me to put them to sleep so i closed it wayy earlier than i should have.

Either way, second set again closed in profit. Just entered my 3rd set of trades for the same 3 pairs. I can sleep easy on these pairs because i have the higher TF (H4, D1) support so even if it retraces it should not affect me too much

The last one is my trades on demo, trading the D1 timeframe

[CCCGAMING]

Hello to everyone.
First of all excuse my English but I currently speak Spanish.
This is my first post after have read the PDF posted in PAGE 1, POST 1 along all this weekend.
I use to trade based upon Price and Volume analysis without other indicators. It has been impressive to me when I have read my MT charts with this method in mind and all those that you have been spoken here has appeared in front of my eyes with clarity.
I have found a very interesting pair to trade this week that is starting a new round. I hope my analysis be correct.
Thank you very much to all the people in this forum, specially to Mr. Captain Chest. Your KARMA is in balance and the Universe will return to you all what you are sending to it. I'm sure.

Welcome to the thread and your English is fine. I share your view on this pair as well...profits from orders taken higher up on the "M" have already been booked....

CJ

Thank you very much Mr Captain. It is an honor for me your welcome.
I want to say that today I have opened my first 6 trades using this method and all of them are profitable.
I'm starting to believe that magic is true
And now, another analysis:

thats also my analysis... anyone explain why xrismak and kwann is bullish on this pair?? : GU and EU?

[kwanann]

CCCGaming

We are trading the H4. But u can pretty much draw the same thing on the M15

[CCCGAMING]

i dont know what im doing but i saw a 3 level of rise followed by pins... and RRtracks

[kwanann]

cccgaming, sorry which pair and tf is that?

[kwanann]

Something stinks with the fox. Just did a stop hunt BUT still trapped all those stucked positions

The fox is up to something.. and usually with such a big stophunt.. it means price is gonna go the other way in a big bang

stacking up my trades for

BUY GBPUSD
SELL USDCHF
BUY EURUSD

Lets see what mr fox is up to

[romsyam]

I am now 200 pages in to this thread and it has been a real eye opener. A big thanks to CJ for all his tirless contributions and for actually sharing his stuff. It takes a special kind to do it when you could easily just trade and rattle off the pips without a care in the world. Also thank you to all his trusted leuitenants, you know who you are. Withput this collective forums in general would be pants.

I would like to ask a question to you all if thats ok. If not I'm asking anyway

Probably unfortunately for me I live in beautifull Wales (well it has been these last weeks with all the sun). The problem I have is time. I have a normal job that involves working the uk session. Whilst i am in the office Empty4 is a no go as our data is monitored. I do get to work the odd day from home so chart watching can be done a little.

I suppose what I'm trying to ask is does anyone have these difficulties and trade this system successfully? I can look at my phone whilst in the office but as everyone will know its not great and cant really track spread widening too well.

I suppose another question would be how much time do you need to trade this successfully. Open question I know but I'm sure some of you can probably survive on very little after good experience.

Any answers or input gratefully received.

Gareth