The Captains Chest - Naked Trading & Other Stuff

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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

hodgires wrote:Good day, Captain... sometimes, it is very difficult to see if a stop run is in place or if a leg is being drawn...in this chart would you consider this a stop run or the first leg of of the "W" being drawn? Thanks you.


Rich
Hard to tell on this one Rich. 15M shows long bias due to the pins, but H4 shows consolidation with a lower low in this H4 candle...I see no trade....

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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lhDT
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by lhDT »

NZDUSD long on the "W". Comments welcome :)
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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

lhDT wrote:NZDUSD long on the "W". Comments welcome :)
I had an order here as well, but was away from the PC when NZDJPY pinned low...

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

GBPCHF off the "M".....

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

Stuck a few in the pins on AUDCAD....

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

A couple from earlier today....

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
Kruspe
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Kruspe »

What a "hairbrush" pattern :lol: .. btw I was rather out of the market today, I think there was enough room for foxy to make false moves, manipulations etc.
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Once you "see", you can not unsee. CJ
Larryk
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Larryk »

CJ

If I may.

You seem to have no problem taking trades inside the Asian range off 15M TF, is that just experience saying the setup is there take it, or there is no London/European session so no point in trading as if there was?

By the way very nice pin on AUDUSD as I write this and using the day open as support.

Great thread, thank you.

Larry
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Captain Jack
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by Captain Jack »

Larryk wrote:CJ

If I may.

You seem to have no problem taking trades inside the Asian range off 15M TF, is that just experience saying the setup is there take it, or there is no London/European session so no point in trading as if there was?

By the way very nice pin on AUDUSD as I write this and using the day open as support.

Great thread, thank you.

Larry
Hi Larry,

I'll enter trades at various times. Most of the Asian range trades are what I consider scalps. I don't recommend anybody trade the Asian range. If you do, you need to understand what it is and potential pitfalls that lurk there. Trade setups will present themselves during this time, but London and Us offer better trade setups.

I'm not teaching people to trade as I do, it's not possible. I'm just trying to open up some eyes to what is going on and to look at trading in a different way.

I will also take trades that are based on the 4H and D1 time frames that may run for days...it's just about making money, and not pips.

CJ
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
cjthomson
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Re: The Captains Chest - Naked Trading & Other Stuff

Post by cjthomson »

Captain Jack wrote:A couple from earlier today....

CJ
Hi CJ,

Any chance you could annotate these charts with where you see the 3 pushes.

I'm trying to work my way through the thread and get up to speed so apologies if my question appears naive.

I am compiling a bunch of other questions which I'll put to you in due course if thats ok.

Chris
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