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The Captains Chest - Naked Trading & Other Stuff
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Author:  Reaper [ Fri Mar 22, 2013 1:03 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
So I have caught the moves this morning, will post results later. I'm now out of all my trades. However I am seeing reversal patterns on some of the pairs I traded. CJ you think it will mess around for a couple of hours and then reverse?
Author:  swisscheese [ Fri Mar 22, 2013 1:11 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
swisscheese wrote:Last one
EURUSD

This one pays hopefully my T-Bone Steak... 8-)
Edi
No more risk...

Edi
Author:  erikskenne [ Fri Mar 22, 2013 1:24 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Commander you have certainly light up round about 1000 bulbs in my way of looking at this forex,
I have been away at work and have to return on monday so I have to read through a lot on this weekend, so whilst you other enjoy yr BBq I shall study And most of all clean out my computer for approx 600+ indicators courses and other stuff which I have spent quite a lot of cash on.

Thanks and thanks a gain, I you ever decide to take a trip to sweden drop me hint I shall happily buy you the best beer ever.

God bless and a nice weekend to all
Author:  Reaper [ Fri Mar 22, 2013 1:25 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
I'm tired n I have decided to go flat for the rest of the day. Take my winnings and run :lol:

I made 270 pips this morning. My report is attached. Together with 350 on Monday morning, thats like 620 pips for two mornings work. However I still need alot of practice, and I'm not sure if I can goto mini lots if cant I control my trading inbetween days like this, I need to figure out how to be patient more or find alternate setups.

I also nearly redid what I did on Monday afternoon, I got excited and went big again and nearly got margin called luckily I didnt this time.

I think I'm going to continue to follow your advice and stick to 2-3 pairs instead of like 8-10. Switching between all those charts is exhausting.

Thanks CJ for this thread, you rock! 8-)
Author:  swisscheese [ Fri Mar 22, 2013 1:32 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
JEN Pairs again heavy
Author:  Captain Jack [ Fri Mar 22, 2013 1:55 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
swisscheese wrote:JEN Pairs again heavy
NY Fox in the drivers seat now...stop hunts look to be complete....

CJ
Author:  Captain Jack [ Fri Mar 22, 2013 2:02 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Angat wrote:I'm tired n I have decided to go flat for the rest of the day. Take my winnings and run :lol:

I made 270 pips this morning. My report is attached. Together with 350 on Monday morning, thats like 620 pips for two mornings work. However I still need alot of practice, and I'm not sure if I can goto mini lots if cant I control my trading inbetween days like this, I need to figure out how to be patient more or find alternate setups.

I also nearly redid what I did on Monday afternoon, I got excited and went big again and nearly got margin called luckily I didnt this time.

I think I'm going to continue to follow your advice and stick to 2-3 pairs instead of like 8-10. Switching between all those charts is exhausting.

Thanks CJ for this thread, you rock! 8-)
Nice days work. :mrgreen:

Yes, now that you are catching some of the moves, work on choosing the best setups and concentrate on those. It's a pain in the butt trying to keep track of 10-15 different pairs.

It's easier to find a couple good setups and use a larger lot size, keeping the tight stops. If you are wrong, it cost you a little, when you are right, you get paid off nicely and it doesn't take 1000 pips to do it.

CJ
Author:  Captain Jack [ Fri Mar 22, 2013 2:06 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Angat wrote:So I have caught the moves this morning, will post results later. I'm now out of all my trades. However I am seeing reversal patterns on some of the pairs I traded. CJ you think it will mess around for a couple of hours and then reverse?
Those were the stop hunts that happen at session change over, and between the 2nd and 3 pushes during a 3 leg move....

I look for the 3rd leg and then a pullback into the end of the session...to center price, lock traders back into the range and give the Asian fox something to snack on come Monday.

CJ
Author:  Captain Jack [ Fri Mar 22, 2013 2:08 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
erikskenne wrote:Commander you have certainly light up round about 1000 bulbs in my way of looking at this forex,
I have been away at work and have to return on monday so I have to read through a lot on this weekend, so whilst you other enjoy yr BBq I shall study And most of all clean out my computer for approx 600+ indicators courses and other stuff which I have spent quite a lot of cash on.

Thanks and thanks a gain, I you ever decide to take a trip to sweden drop me hint I shall happily buy you the best beer ever.

God bless and a nice weekend to all
Thanks for the kind words. Travel safe and don't hurt your back tossing out all those indicators! :lol:

Perhaps one day, I'll take you up on the beer.

CJ
Author:  Captain Jack [ Fri Mar 22, 2013 2:12 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
swisscheese wrote:JEN Pairs again heavy
You did close those UJ shorts didn't you ? ;)

CJ
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