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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: | cfudge [ Thu May 09, 2013 4:19 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Just taken sell on GOLD H HH LH also M pattern on 1h chart. Do not know if previous high, stop hunt, is significant. Just practice for now... Chris |
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| Author: | intcust [ Thu May 09, 2013 4:26 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
pound chf I see a barf that bounced the lead in line and should head up but what do I know I am always wrong. I do see the double top but there was no real break of the lead in line so maybe a triple top???????????????????????????????????? |
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| Author: | Captain Jack [ Thu May 09, 2013 4:34 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
The confidence comes with experience..... when you begin to "see" clearly, then trust your vision and pull the trigger... CJ |
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| Author: | Captain Jack [ Thu May 09, 2013 4:39 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
That's what it's all about.... making money on the trades... not about making "picture perfect" entry and exit trades that run for months... I take what is given... I don't worry about getting "all of it", just so I get some of it... I did get a few in the pins. Those trades require a lot of time in the seat at the pc to nail them. Anymore, I'll take em early or late, just so I get part of it. CJ |
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| Author: | Captain Jack [ Thu May 09, 2013 4:49 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I'm not too sure people noticed it but I took several trades with so called "news" pending.... trading the "news" is something I like to do as it usually means a rapid and volatile move in price. I'll say again. my opinion of "news" is that it is just an excuse and cover for the Fox to fill his pockets full of our cash. Many of the trades I took involved NZD and AUD.... and all had the "footprints" of the Fox on them... the patterns we are looking for.... I would have liked to have seen AUDCHF drop a bit lower, but the Fox takes advantage when it suits him, not me.... I did get some BUYS in on that pair.... but that doesn't mean that AUDCHF can't go lower... before it heads higher...a lot higher.... So, do you think the "news" as released was the cause of the price moves or do you think the Fox used the news to do his deed and finish the pattern?? Pay attention to these setups... it's quick cash. CJ |
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| Author: | Captain Jack [ Thu May 09, 2013 5:12 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I'm not sure there is a BARF.... a lot of people are tossing that around here and I'm not sure everybody understands what it is and what qualifies the setup as a BARF....  : CJ |
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| Author: | intcust [ Thu May 09, 2013 5:28 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
as I understand the BARF one has a tran line in this case going up with a steeper trend line also going up then price breaks the steeper trend line and should also break the original trend line or lead in line in this case we have the lead in line with a steeper trend line not shown and price bouncing back to the lead line but not breaking through that's my take but what do I know I'm always wrong As far as news goes one must always consider that Washington or other capitals usually find it hard to keep secrets so news to us might be a surprise but I'm sure to the Fox it was already known |
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| Author: | mrelectron [ Thu May 09, 2013 5:29 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
<snip> .... people noticed it but I took several trades with so called "news" pending </snip> I noticed the link between your trades and the news (I'm in Australia, so pay a bit of attention to AUD & NZD) and that's why I was so agog with the preciseness of your trades. |
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| Author: | Captain Jack [ Thu May 09, 2013 5:31 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Charts don't lie but the Fox does.... I was out or I would have hammered the hell out of the AUD pairs before the news.... NZD showed the way.... I got enough for today though... CJ |
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| Author: | intcust [ Thu May 09, 2013 5:33 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
as I understand the BARF one has a tran line in this case going up with a steeper trend line also going up then price breaks the steeper trend line and should also break the original trend line or lead in line in this case we have the lead in line with a steeper trend line not shown and price bouncing back to the lead line but not breaking through that's my take but what do I know I'm always wrong As far as news goes one must always consider that Washington or other capitals usually find it hard to keep secrets so news to us might be a surprise but I'm sure to the Fox it was already known |
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