The Captains Chest - Naked Trading & Other Stuff

Post by **michosz** » Fri Jun 24, 2016 7:04 am

I closed all

Post by **michosz** » Fri Jun 24, 2016 7:14 am

I don't know why I set SL

romanoprodi · Post by **romanoprodi** » Fri Jun 24, 2016 9:55 am

Wow, that's amazing! Congratulations Michosz!

Post by **michosz** » Fri Jun 24, 2016 8:22 pm

thanks

Post by **TraderJoeForex** » Fri Jun 24, 2016 11:17 pm

Coolbudz223 » Fri Jun 24, 2016 4:10 am wrote:So who took advantage of that textbook 1500+ pip move on gbpusd just now?

I caught GBPCAD and GBPNZD...

dudest · Post by **dudest** » Sat Jun 25, 2016 6:28 am

Coolbudz223 » Fri Jun 24, 2016 7:10 am wrote:So who took advantage of that textbook 1500+ pip move on gbpusd just now? That brexit news made for beautiful trading, too bad I was too much ofa scardy cat to place any trades on it, lol I hope a few of you caught it tho, looked exactly like what the captains been teaching

brexit outcome.png

.

Post by **waza** » Sat Jun 25, 2016 9:03 am

So never traded yesterday as I had other things on. So was it like captain jack said 3 push rise and fall? Was it at its peak high before fallen?

Post by **xrismak** » Sat Jun 25, 2016 12:34 pm

Dudest,
Well Done,
And if Your Market Sellelelelelele Nah GODWIN

WHAT'S NEXT.png

And we Go Pop Champagne because GODWIN...

NAH GODWIN.png

Have A 9ice Weekend Folks,

xrismak

dudest » Sat Jun 25, 2016 6:28 am wrote:
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Post by **scalpz** » Sun Jun 26, 2016 2:16 am

dudest » Sat 25Jun2016 7:28 pm wrote:

.

HA - awesome Dudest
Really good entries. Really good trades. Really good range across the pairs. :hi:

cheers scalpz

Captain Jack · Post by **Captain Jack** » Sun Jun 26, 2016 10:33 am

michosz » Fri Jun 24, 2016 3:14 am wrote:I don't know why I set SL

Perfect example of why "they" want and recommend that you use stops... when they push it past the stops and reverse, it's to get people out of a profitable positions and trap then in the wrong position.

I have also said that it you use a stop and it's hit, like this, be it mental or a hard stop, that they will sometimes take it 25-50 pips higher and then reverse... pushing it up higher tends to draw you into the opposite trade... then they dump it and the pain begins...

If your stop is hit, take the small loss and re-enter on pins or RR tracks at the higher level.

-CJ-