stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

The Captains Chest - Naked Trading & Other Stuff
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572		 Page 312 of 1600
Author:  Ingot54 [ Sun Aug 18, 2013 11:57 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Hi folks -

We are into the third/fourth weeks of August trading. Someone once wrote that the first and last weeks of a month are different from the couple of weeks in the middle, as markets settle into their direction.

Can't say I agree or disagree, because I have not been able to pick up anything specific in trends and so on.

Still working on getting this together - so far I keep going back to square one ... long journey this one.

.
Author:  bluedog23 [ Mon Aug 19, 2013 12:56 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
aud jpy m15 2.png
Sellers showing up in the pins with volume and spread increasing; several of the AUD/XXX pairs look like this tonight.
Author:  fahedksa [ Mon Aug 19, 2013 10:31 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Hi,
Can you please tell me if my understanding for GBPCAD chart:
As i put in chart there is Trapping vplume and after that RRT thats why i dont enter short here becuase i think that the price will go up.
Author:  Larryk [ Mon Aug 19, 2013 12:06 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
fahedksa wrote:Hi,
Can you please tell me if my understanding for GBPCAD chart:
As i put in chart there is Trapping vplume and after that RRT thats why i dont enter short here becuase i think that the price will go up.
Any of the formations that we use need to be near a significant level for trading decisions to be made as a result.

So your RRT needed to be higher in this case near those recent highs to be significant.

Please correct me if I am wrong.
Author:  kwanann [ Mon Aug 19, 2013 12:16 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
fahedksa wrote:Hi,
Can you please tell me if my understanding for GBPCAD chart:
As i put in chart there is Trapping vplume and after that RRT thats why i dont enter short here becuase i think that the price will go up.
Looks ant right, I.m short this pair, thx for the heads up
Author:  fahedksa [ Mon Aug 19, 2013 12:38 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Just now i open short GBPCAD becuase RRT on 1 hour and M on 15minute
Author:  zentauro67 [ Mon Aug 19, 2013 12:38 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
GBPCAD is well known as the best pair for ranging systems. Daily chart showing 16 months of activity. No need to explain anything.
Imagen 001.jpg
Author:  kwanann [ Mon Aug 19, 2013 2:20 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
fahedksa wrote:Just now i open short GBPCAD becuase RRT on 1 hour and M on 15minute
Picture perfect m on m15 for gbpcad. Beginning of d1. Woohoo let it ride!
Author:  kwanann [ Mon Aug 19, 2013 2:34 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Haha I didn't have the balls to run it too. TP off one trade, the other on BE in demo. My live has it much better, entry right at the pins, that's also at BE+ and letting it run.

For a start just aiming the 3 day cycle, not so ambitious to let it run all the way thru to sep :)
Author:  nakedtrader [ Mon Aug 19, 2013 2:42 pm ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
kwanann wrote:
Wapen wrote:Possible M formations on GBPJPY & USDJPY!


15m chart
Don't seem like it.. I think
why is that?

that aggresive move + M is a classic CJ teaching's..
All times are UTC Page 312 of 1600

Powered by phpBB® Forum Software © phpBB Limited