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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: | sympathy [ Thu Dec 10, 2015 10:46 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
ECAD |
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| Author: | sympathy [ Thu Dec 10, 2015 10:49 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Just easy as ABC |
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| Author: | InfiniteLoop [ Thu Dec 10, 2015 11:08 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
sympathy what's your opinion on GBP |
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| Author: | sympathy [ Thu Dec 10, 2015 11:25 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
If GU breaks that resistance,is gona go longs. |
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| Author: | InfiniteLoop [ Thu Dec 10, 2015 11:33 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I agree, because there's no where near enough acc. to go down, that usually means continuation in the previous directory they might use news as a SH |
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| Author: | PipTrawler [ Thu Dec 10, 2015 11:37 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
You certainly make it look that way Sympathy |
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| Author: | Mustafa [ Thu Dec 10, 2015 2:07 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CrudeOil |
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| Author: | Tom822 [ Thu Dec 10, 2015 2:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Ok, I think I got it and now I see I think that all my mistakes were caused by the fact that I devoted too much attention to analyzing M15 charts. But I have questions to you guys - do you trade also on M15 (for example, against the trend which you locate on higher time frames) ? It's interesting for me because I read this thread and I read CJ posts and he never explain how to do it on M15 but from other side he did that. (EDIT: I am apologize, he explained it but it is not too clear for me). If I understand that in right way, I should find asian range first which should have around 40 pips. Ok. Next I should find expand of this range and 25-50 pips move above or below of this range. Next I should find an pattern like M, W, pins, RRT and trade it. Ok, so today I find something like that on EUR/GBP, the move started at midday London time zone. If I am correct here it is nice pullback or Stop hunt but it goes up, so against the main trend, i.e. downtrend, but there was a really nice W + pins. If you catched this then you could earned around 45 pips. Now the question is if you trade also in this way or you never go against the higher trend ? I would just like to know if this is a way for M15 about that CJ wrote. I also know that he trade sometimes from pins to pins on M15 but I am too weak for something like that. EDIT: (For example, are you try to trade these 3 pushes from the asian range or it is suicide ? Are you waiting for NY reversal on M15 and you try to find an W or M + pins on M15 when this NY session comes? Are you trade also on London session on M15 and in which way exacty, what are you looking for before you take a position ?) Oh, and I know that the M15 should be use to the perfect entries and exits but I am not talking about it now. |
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| Author: | caveywoolpert [ Thu Dec 10, 2015 2:27 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
that's what Cj was writing about, get rid of tunnel vision, try to see a bigger picture. as for me i'm using m15 only for entries. you are not right about eur/gbp, cause it made 3 levels already. look at GBP/USD, here was a setup you are talking about: narrow asian range, fake outs to trap break out traders up and down, then three fat m15 candles down looking like it was true downtrend and revrsal to the top u need to look at higher TF's to know where u are at weekly cycle, without it all M's and W's are crap. |
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| Author: | InfiniteLoop [ Thu Dec 10, 2015 3:50 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I opened new topic on this forum, check it out http://www.stevehopwoodforex.com/phpBB3 ... =59&t=4527 |
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