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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: | fahedksa [ Wed Nov 23, 2016 10:28 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
What you think friends for NZDUSD, I open long position as i think we going to level2 UP |
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| Author: | fiox [ Wed Nov 23, 2016 10:32 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I'm also long on NZDUSD. But in my opinion, just level 1 forming |
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| Author: | fahedksa [ Wed Nov 23, 2016 10:41 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Well positive side that both in same trade. What about GBPUSD ,Also i have long position as thinking price will move to level 2 up ,Where is my mistake here? |
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| Author: | rewand [ Wed Nov 23, 2016 10:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I would be long too with tight SL, entering in the pins, after range extention. I am not because I maxed my margin on EURUSD : ) Loved the recent pipmaking move. |
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| Author: | fiox [ Wed Nov 23, 2016 11:00 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
My view on NZDUSD is similar to your, but I think we are in level 1 up. Let's see... About GBPUSD, I'm not sure about levels, I can't see clearly the 3 level, just 2 level down |
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| Author: | rewand [ Wed Nov 23, 2016 11:10 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
NZDUSD, your thinking is the same, we are trading within L1 ready to move 1 level up to L2, after who knows what PA. I just do not like to use lines for level indication, messes up etg when changing TFs. |
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| Author: | fahedksa [ Wed Nov 23, 2016 11:13 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thank you Rewand Fiox , More practice will make me do better and count levels better. |
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| Author: | dydynamic [ Wed Nov 23, 2016 12:09 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
If you saw my GBPUSD H1 mapping above, there is still one more push down(but if the fox has got all he needs to turn then there might be no need for this last push down) before all hell breaks loose upwards... For me, is buy all the way...... |
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| Author: | fahedksa [ Wed Nov 23, 2016 12:17 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Mapping is really good thing to learn and study . One of my repeated mistakes when open trades going to level2 or level3 ,Some times it goes opposite direction 30-40 pips before return back and continue in current cycle direction ( like GBPUSD today price down -40 pips then start retrace and back upside) |
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| Author: | dydynamic [ Wed Nov 23, 2016 12:23 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Yeah, I still have a long way to go in mapping and it is wonderful when you put all the pieces together and see the outcome playing out as you mapped out..... If I had the kind master mind that CJ has, I will never loose to the fox.... |
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