The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Wed Nov 18, 2015 2:15 pm

Silweri » Wed Nov 18, 2015 12:19 pm wrote:
sympathy » Wed Nov 18, 2015 1:07 pm wrote:
matt_32 » Wed Nov 18, 2015 11:46 am wrote:Possible ABC forming on EURGBP
As a trader, when price is going against me i close my trades just remember that you have to take what is given
I understand that and do the same also.

I would just want to see example about your closed trades to study

Could you, for example, show where were these closed?

Thank you so much
sympathy » Fri Nov 13, 2015 1:58 pm wrote:just want to drop some charts that i took today just as simple as my BOSS taught me
I added more entries on this one, i was waiting to see a W pattern but moves straight away

I myself closed this as seen below. I'm taking short position as I expect little more down movement.

Ok here is one. This days price is behaving somehow and if there is no smooth moves, i close them all. Here is one example on how i close my trades. once price is close to a strong level i close my positions ok. Its just 50 plus pips write now with 10 entries

taking what is given

Post by **sympathy** » Wed Nov 18, 2015 2:26 pm

ChristianK » Wed Nov 18, 2015 12:26 pm wrote:
sympathy » Wed Nov 18, 2015 9:50 am wrote:Posting my EU
Hi Sympathy,
Could you pls let me know that do you expect eurusd will go down to level 3 after this spike up? Because so far there are 2 levels down. May be (very likely) my leveling is wrong ?
Thanks for the help.
Chris

EU has completed its levels ok. they even dropped one leg down because the last low didn't hold price. Am expecting price to form double bottom and holds then push upward. we are already in level3.

Post by **sympathy** » Wed Nov 18, 2015 2:30 pm

Jurij » Wed Nov 18, 2015 12:17 pm wrote:Just observing this to train mapping skills

5min up then down

sympathy » Wed Nov 18, 2015 10:10 am wrote: you dont need all this stuffs bro. just learn how to trade the usual patterns, they are all desame in all pairs. if you continue to flip all pairs looking for price mapping it will be difficult for you to learn, for example on the pair you just posted, i have already entered the trade last night so i don't need to map price before i trade because i already know the process. so just try and master the normal strategy ok.
hehe you're right. but this price mapping thing is just awesome, like gps navigation but for trading
I don't know but it is hard to count to 3 for me, I must complicate things.

Ok bro, keep it up

seems you ar getting it

Silweri · Post by **Silweri** » Wed Nov 18, 2015 3:03 pm

sympathy » Wed Nov 18, 2015 4:15 pm wrote:Ok here is one. This days price is behaving somehow and if there is no smooth moves, i close them all. Here is one example on how i close my trades. once price is close to a strong level i close my positions ok. Its just 50 plus pips write now with 10 entries taking what is given

Thank you

Post by **szfxtrader** » Wed Nov 18, 2015 3:26 pm

Hello, and thank you all for sharing your trading ideas/thoughts! If there is anyone trading GBPCHF, please share your view, thank you in advance. I want to sell it, but I am not sure if it has already completed the 3 levels up.

Post by **jedrula** » Wed Nov 18, 2015 3:36 pm

szfxtrader » 18 Nov 2015, 17:26 wrote:Hello, and thank you all for sharing your trading ideas/thoughts! If there is anyone trading GBPCHF, please share your view, thank you in advance. I want to sell it, but I am not sure if it has already completed the 3 levels up.

GBPCHF_MN1_2015-11-18_16-35-01.gif

Post by **szfxtrader** » Wed Nov 18, 2015 3:38 pm

jedrula » Wed Nov 18, 2015 3:36 pm wrote:
szfxtrader » 18 Nov 2015, 17:26 wrote:Hello, and thank you all for sharing your trading ideas/thoughts! If there is anyone trading GBPCHF, please share your view, thank you in advance. I want to sell it, but I am not sure if it has already completed the 3 levels up.

It is at a good level to short, isn't it?

Wisznu · Post by **Wisznu** » Wed Nov 18, 2015 5:46 pm

What is the reason for selling it here?

Captain Jack · Post by **Captain Jack** » Wed Nov 18, 2015 5:50 pm

I haven't used hard stops for years.... people say I'm crazy.... Well NYSE thinks otherwise....

NYSE TO END RETAIL STOPS

-CJ-

Post by **Maximilian** » Wed Nov 18, 2015 7:32 pm

Hi guys,
"Take what´s given" sounds easier as it is. At least for me... So many times I had a decent profit vanishing into drawdown or hitting the SL, just because I cannot watch my trades all day and beeing too dumb to find the right settings of APTM to take profits when they´re available. It seems that I put my stopslosses like a daytrader but not my TP. I pick my trades on the daily and 4h TF.

Okay I stop whining here, it´s just virtual money

Cheers Maximilan