The Captains Chest - Naked Trading & Other Stuff

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fuzz
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Post by fuzz »

intcust » Fri Jul 04, 2014 4:57 pm wrote:fuzz I took this one long hope it works better than my eu trade in short I agree
What do you mean? U took this same setup long? If so, can u explain me why?

regards
intcust
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Post by intcust »

Fuzz

I saw on I think the one hour that we had reached a new high and then consolidated. It seemed to be in the middle of the a move to the up side. So when price came back in the consolidation I took it long. All the stuff you have on your charts in not naked trading and not what CJ teaches here. I back the charts way out on the zoom last setting or so and just look at it. you can see the moves and the consolidation pretty clearly then. It did not work so well on the e u last week some times you loose that is part of it. That is why CJ best contribution and there are a lot is money management and adding more trades. He takes a 100 pip run and get 250 pips and keeps his losses to 50 pips and look the return, with that kind of risk to reward you can be right one out of four and still make money.
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fuzz
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Post by fuzz »

intcust » Fri Jul 04, 2014 7:20 pm wrote:Fuzz

I saw on I think the one hour that we had reached a new high and then consolidated. It seemed to be in the middle of the a move to the up side. So when price came back in the consolidation I took it long. All the stuff you have on your charts in not naked trading and not what CJ teaches here. I back the charts way out on the zoom last setting or so and just look at it. you can see the moves and the consolidation pretty clearly then. It did not work so well on the e u last week some times you loose that is part of it. That is why CJ best contribution and there are a lot is money management and adding more trades. He takes a 100 pip run and get 250 pips and keeps his losses to 50 pips and look the return, with that kind of risk to reward you can be right one out of four and still make money.
Thanks for the reply intcust :D

The things I have on my charts r simple trendlines and boxes to remind me of levels that the fox uses to gather traders. Other than that I use volume and that's it. I thought that was used by CJ.
kwittusen
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Post by kwittusen »

I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.

But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
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Dagu
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Post by Dagu »

kwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.

But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
My price map for G/U
Let's see am right
I have also a map for E/U but I will send this later


Screenshot_2.jpg
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kwittusen
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Post by kwittusen »

daggerfall » Tue Jul 08, 2014 8:32 am wrote:
kwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.

But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
My price map for G/U
Let's see am right
I have also a map for E/U but I will send this later


Totally agree with you and i took the liberty to take ur screenshot and place where the entry was for me and where i think other should have placed it, i also entered last week short on this due to what i wrote in earlier post, signs on both H1,H4 and D1.
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Dagu
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Post by Dagu »

kwittusen » Tue Jul 08, 2014 9:17 am wrote:
daggerfall » Tue Jul 08, 2014 8:32 am wrote:
kwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.

But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
My price map for G/U
Let's see am right
I have also a map for E/U but I will send this later


Totally agree with you and i took the liberty to take ur screenshot and place where the entry was for me and where i think other should have placed it, i also entered last week short on this due to what i wrote in earlier post, signs on both H1,H4 and D1.

Hi

I will wait for some fox magic
Pins RRT M or something like that
That will be the sign for me that my map will be restricted
So I just waiting when fox show his heads, nothing more...
best regards
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fuzz
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Post by fuzz »

I entered way to early on GU, holding positions for a little bit over a week now
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Post by dudest »

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Dagu
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Post by Dagu »

I agree
They will go to the north and that should be big move
I will wait for some signs from foxes and start build trade
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