The Captains Chest - Naked Trading & Other Stuff

[totty23]

Is the end of 5min short BARF's.
Completely my first day of learning of this and really not wise to trade it.....but I did.
There is a W to boot.

Edit: apparently not:

[McNish]

AU, scaling. So much for the M's, Oh, don't bother with the lot question. i'm sure u know what you're doing.

i like this slope trading thing. keeps me in the move till stop out and enables scaling.

Does anyone know how to save line studies in Empty4. it all resets in the flick of a tf switch or even Empty4 restart. Any other way other than the save template for each pair each tf?

NT requires switching tf and all. i use a tool "hotkey extender" which makes this a jiffy and some other mundane tasks too. Try it here, http://www.forexfactory.com/showthread. ... ost5083829



Cheers,

[banteka]

Well...I do not want to publish only my success...but my failures too.
I think everybody here can learn from other's mistakes.
Thinking there was an 'M', I entered short. I think my mistake was not having waited to complete the pattern. What do you think?

[McNish]

Well...I do not want to publish only my success...but my failures too, ...What do you think?

Good job.
That's why i'm not trading pins for now as a new-bee. Rather use them as partial or full tp's. This is how i'm doing it here, http://www.stevehopwoodforex.com/phpBB3 ... 644#p70644

Cheers,

[McNish]

UJ, traps laid for Buy. (top chart is M15(X) & lower is H4(K))

[banteka]

Well...I do not want to publish only my success...but my failures too, ...What do you think?

Good job.
That's why i'm not trading pins for now as a new-bee. Rather use them as partial or full tp's. This is how i'm doing it here, http://www.stevehopwoodforex.com/phpBB3 ... 644#p70644

Cheers,

Thank you McNish.
Now, watching the chart, I figure out A LOT of MISTAKES I made.

FIRST : I should have gone out of the market when I published my success today... The greed controlled my mind
SECOND : That supposed 'M' that I saw hasn't any pinbar in the first leg
THIRD: There is not any evidence of volume increase in the supposed 'M'...

I'm very dissappointed with myself...

[bluedog23]

aud jpy m15.png

May be ready to move up.

[kwanann]

aud jpy m15.png

May be ready to move up.

Well now its a sell

Edit: probably easier to see on H4

[Captain Jack]

aud jpy m15.png

May be ready to move up.

Well now its a sell

Selling in the lower pins is generally not a good idea...that's buy territory... pins point opposite of where price is going most of the time...

Bit behind here...thought that was a current chart.... pins low on the 15m now...

CJ

[nakedtrader]

my plan for audjpy if the signal/pattern is presented later on..