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| The Captains Chest - Naked Trading & Other Stuff https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572 |
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| Author: | Captain Jack [ Fri Mar 22, 2013 2:15 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
The wolf eats well today! CJ |
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| Author: | Captain Jack [ Fri Mar 22, 2013 2:32 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
That's it for me....time for a nap. Closed out everything but a few trades in the AUD pairs that should payoff into the pullback.... It's been a good day and a great week! Hope everybody has a great weekend! CJ |
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| Author: | BritShrtHair [ Fri Mar 22, 2013 2:40 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
So CJ, these kind of level 3 pushes are normal on a Friday? Have a great weekend. |
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| Author: | Captain Jack [ Fri Mar 22, 2013 3:04 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Beginning of the week, end of the week, beginning of the session, end of the session....depends on where the money is. They have to move price to book their profits, then return it to center and lock it in a range. Fridays tend to be more active for that reason...besides, they want to lock traders in so they can gap price on them. Remember last week? CJ |
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| Author: | Lara [ Fri Mar 22, 2013 3:30 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Its been a GREAT week for me. Just waiting to ride with foxy back down into NY consolidation on the GU and I'm done. THANK YOU again CJ for leading us all out of the fog Have a great weekend - you deserve to get that moonshine out of the freezer now Lara |
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| Author: | erikskenne [ Fri Mar 22, 2013 5:49 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Sure have!!! |
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| Author: | pips400 [ Fri Mar 22, 2013 6:24 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Thanks again to CJ, and all the contributors on this brilliant thread. I've not been able to trade this week because I've had other work commitments, which is really frustrating because I can't wait to get my share. I have managed however to keep up with the posts and looks like a lot of light bulbs have been going on, and as a band of traders giving the fox a bit of come back, not least of all CJ who just seems to be playing and killing it at the same time - that's the future, when trading becomes routine, and the guesswork is minimized. Time on charts equals more kills |
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| Author: | mjws00 [ Fri Mar 22, 2013 9:34 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I closed em Have a great weekend all. Was fun watching some awesome trades. Mine were mellow and of less volume. Often a strong start to the week inspires me to take it a little easy and be less vampire like. Mike |
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| Author: | Captain Jack [ Fri Mar 22, 2013 9:39 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Wipe your chin off... You were correct in choosing a short when you did and could have taken some pips out of the trade. Be a taker and take what a trade gives you. I enter early and will take some draw down when I do, as long as I'm confident the trade decision is still correct. I will also add to my orders at times to speed up recovery from DD. Two people can be SHORT or LONG between them and still be right. Price will always change course, from rising to falling and from falling to rising. The key is in the timing. I took my 50 long and then some and then I took UJ, along with a few others, short, back into the Friday pullback for another 50 while I slept today. CJ |
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| Author: | Captain Jack [ Fri Mar 22, 2013 9:45 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Thanks for the kind words. It's good to see that some of the people here are beginning to "see" the light and hopefully, profit from doing so. It does get easier as you go and get the chart time in. Once you realize you don't need the EA's or the systems or the indicators, you will be surprised at how much more chart time you will have. Your gain comes from the time you save in the constant hunt for things that just don't work like they should. Do yourselves a favor and quit looking. No EA or system will ever be able to trade for me like I trade for me. It does not exist nor will it ever. Funny how you start looking for that Monday open, eh? CJ |
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