The Captains Chest - Naked Trading & Other Stuff

[woodlands]

It's in this thread with other of Jedrula's amazing work JK, have a look at what he has created, very useful stuff geared to this style of trading....another generous SHF contributor :youknow:

http://www.stevehopwoodforex.com/phpBB3 ... p?id=58402

[Noucha]

FWIW here is today on GBPJPY, GBPCAD and EURUSD,
GJ and EU still open, as you see in pics profits booked and positions retaken, comments more than welcome as I am trying hard to learn this.....
Current positions as time of post
Thanks to Dudest for the trapping patterns, something clicked with those.
Big thanks to CJ for the whole thread, I've been in and out for two years now and realise I should have stayed in but there are so many diamonds to mine in the SHF :hi:

I am not that much into GJ and EU as I don't like the setup and how price behave but I think it should start go long this week.
UC and EC closed with price wants to go high.
Currently playing GU, GA and GBPCHF. I like the setup on those.

[woodlands]

Noucha, you are right, I bailed from GBPCHF, I started recounting the levels....a mistake but as above I am learning this.
Now I am waiting on GJ although I have booked some on the bouncing.
I think if it cleans itself I will be out, if not then patience is the way for me as HTF looks like a turn up..

GBPCHFH1_270916.png

[michosz]

Noucha I have question. Do You set BUY LIMIT and BUY STOP on a level 3 or do You wait for signal on M15 and take entry and then add orders when price go in Your direction ?

Do You have script to set buy/sell stop/limit orders ?

[Noucha]

Noucha I have question. Do You set BUY LIMIT and BUY STOP on a level 3 or do You wait for signal on M15 and take entry and then add orders when price go in Your direction ?

It depends. I use limit orders when I am not around to watch the action and have enough margin to play with, otherwise I don't. Also, I use limit orders when the price peaked low, made the first run up and then back to fib levels between 50, 61.8 and 73.6
I don't use script but I think there is one shared here in this thread.

[michosz]

Thanks Noucha

Now I have question about E/U...

Is it level 1 or level 2 ?

[Noucha]

Thanks Noucha

Now I have question about E/U...

Is it level 1 or level 2 ?

I don't feel the setup for the EU so I am not trading it. When in doubt stay out. There are many other pairs with clearer setup

[jksynergyworks]

It's in this thread with other of Jedrula's amazing work JK, have a look at what he has created, very useful stuff geared to this style of trading....another generous SHF contributor :youknow:

http://www.stevehopwoodforex.com/phpBB3 ... p?id=58402

Thanks Woodlands.

[Innate]

Noucha I have question. Do You set BUY LIMIT and BUY STOP on a level 3 or do You wait for signal on M15 and take entry and then add orders when price go in Your direction ?

It depends. I use limit orders when I am not around to watch the action and have enough margin to play with, otherwise I don't. Also, I use limit orders when the price peaked low, made the first run up and then back to fib levels between 50, 61.8 and 73.6
I don't use script but I think there is one shared here in this thread.

There is a script in the thread but I cant locate it. Is anyone able to re-post it please?

[Innate]

Thanks Noucha

Now I have question about E/U...

Is it level 1 or level 2 ?

The Captain posted the answer to this just a few pages back.

We are in L2 pullback.