The Captains Chest - Naked Trading & Other Stuff

[eresz]

I should have taken this earlier but maybe there will be another chance.

another good spot, rewand, i'm in, lets see what happens

edit: eurusd caught my stop loss

[rewand]

I should have taken this earlier but maybe there will be another chance.

another good spot, rewand, i'm in, lets see what happens

Option No3 with the 3rd push on M15 seems to be the one that deserves watching. News time, no good for trading. I entered with few microlots at 1.11 but wont let them run far beyond 1.1150. Probably I should have been more patient, even when only peanuts are at stake.

[fahedksa]

Hi Friends,
I am little confuse my self with over thinking on these issue and it happen alot with me.
Attached charts for EURNZD
I am confuse if price going up or down , i explained on chart where i confuse .
Usually i start draw levels from 4H to 1H then entry in 15M

[eresz]

Option No3 with the 3rd push on M15 seems to be the one that deserves watching. News time, no good for trading. I entered with few microlots at 1.11 but wont let them run far beyond 1.1150. Probably I should have been more patient, even when only peanuts are at stake.

i'm giving eurusd a second chance, sell position with stop loss launched

[rewand]

Hi Friends,
I am little confuse my self with over thinking on these issue and it happen alot with me.
Attached charts for EURNZD
I am confuse if price going up or down , i explained on chart where i confuse .
Usually i start draw levels from 4H to 1H then entry in 15M

I think you are on level 2 down on D1, H4 and even M15 and you have just experienced some SH up and down.
The latest move on M5 shows a fake BO, good for a 30 pip counter trade but we are still down. Trade from the edges.
A.

[rewand]

I should have taken this earlier but maybe there will be another chance.

another good spot, rewand, i'm in, lets see what happens

Option No3 with the 3rd push on M15 seems to be the one that deserves watching. News time, no good for trading. I entered with few microlots at 1.11 but wont let them run far beyond 1.1150. Probably I should have been more patient, even when only peanuts are at stake.

i'm giving eurusd a second chance, sell position with stop loss launched

Yeah, I re-evaluated and launched a second attack on the pair this morning : )

[fahedksa]

I think you are on level 2 down on D1, H4 and even M15 and you have just experienced some SH up and down.
The latest move on M5 shows a fake BO, good for a 30 pip counter trade but we are still down. Trade from the edges.
A.

Thank you Rewand.

[rewand]

I am only on page 150 of this thread, have not got any info on this so far. I just wonder... to balance his books, does fox need to retrace to areas where he was not able to push price back for some reason? I noticed that for nearly every major move he makes a 50% retracement. If there is a gap, he would likely go back later and satisfy his hunger with a 50% coverage of the gap. There are times when he likely withdraws and does not take the opposite side of the transaction, hence sudden movements can take place and this kind of gaps he may not need to cover. But when price moves slower, then he may not be able to withdraw and gets stuck in the positions and offloads them later, thus he goes back and cover specifically 50% of the gap.So when in a trend toward an uncovered gap, the 50% of an uncovered gap maybe a good target too. Does it make sense? I risk 2 peanuts to test the theory on GU. Any comment? Just let me know if the idea is plain stupid..

[eresz]

one pic just for practice, full cycle, looks like it's over now.

Afterwards everything looks so simple...

gold

[rewand]

GBPUSD. Are we heading L2 after a stop hunt? According to my equity, we are. I hope I am a good copycat CJ, most likely there is a lot to improve. But doing like this, I have tripled my account in 7 days. Thank you.