Nice to know it can be done. Hope you clean up buddy
You too Sympathy. It's nice to see you guys beat the system and makes me more determined to join in the major league some day. 
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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: | InfiniteLoop [ Wed Dec 09, 2015 3:40 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
do you see the pin bar on M15 USDCAD, that's how they acc more orders, that move down it's a bait, they will drop price they're acc orders on the pin |
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| Author: | PipTrawler [ Wed Dec 09, 2015 3:41 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Nice to know it can be done. Hope you clean up buddy You too Sympathy. It's nice to see you guys beat the system and makes me more determined to join in the major league some day. |
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| Author: | InfiniteLoop [ Wed Dec 09, 2015 3:45 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
starting to move NZD down, AUD will follow remember news for NZD are first, then AUD - 4 and 6 hours |
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| Author: | InfiniteLoop [ Wed Dec 09, 2015 3:59 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
if you have orders on CAD pairs and you follow my advice, relax you are good |
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| Author: | PipTrawler [ Wed Dec 09, 2015 4:07 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Yes I see quite a few long wicks. I am not trying to be an ass here just trying to understand. If you said we give creedance to the upper wicks because the pair is quite extended now, ok valid point but other than that, the lower wicks sell a similar story but obviously in reverse. Thanks |
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| Author: | InfiniteLoop [ Wed Dec 09, 2015 4:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
the last pin bar and then large bull bar, that was a fake move, they are acc. SELL orders on that, then they will drop the price |
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| Author: | Tom822 [ Wed Dec 09, 2015 4:15 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
InfiniteLoop - what do you think about CAD/JPY - are they creating another "W" ? They are making something creative with this pair, I am still long. Referring to AUD/USD - I think it should go up, check H1 there is a nice "W" but I am not sure if this not the false "W". |
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| Author: | InfiniteLoop [ Wed Dec 09, 2015 4:43 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CADJPY are they creating a W, I don't know, but LONGTERM that pair is gone go up, they acc. BUY orders for the move AUDUSD there's no W on AUD, it might become a W when the price dropes |
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| Author: | Tom822 [ Wed Dec 09, 2015 5:38 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Sympathy, InfiniteLoop question to you - how you recognize accumulation phase and perfect entry point ? Infinite Loop - for example, you wrote that CAD/JPY have now accumulation phase but why it looks like a strong downward trend ? Sympathy - if I understand it correct, you are searching each time: 1. 3rd leg of trend 2. Accumulation phase 3. Then you are entry on M or W, but first, as I understand, you wait for accumulation phase before you start looking for an M or W and then you take entry ? |
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| Author: | InfiniteLoop [ Wed Dec 09, 2015 5:59 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Tom822 you asked me for CAD/JPY longterm, I didn't say that we were at the lowest low shortterm acc. is always going on, it only depends on which scale and how much |
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