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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: | lilac [ Thu Aug 29, 2013 11:10 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
It's amazing how they manage to take out the stops at prices that never get reached, they only need to widen the spread until they catch them and done! This way they also avoid executing pending orders in the right direction even when price clearly reached there, while taking stop losses and wrong pendings when price clearly didn't reach there. This is manipulation at its best... |
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| Author: | Gertje [ Thu Aug 29, 2013 12:42 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
One other thing is, the very second the bar opens at the time news is announced, price jumps like crazy. No way 'they' can hear the news, implemend it and trade accordingly. |
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| Author: | kwanann [ Thu Aug 29, 2013 12:59 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
So now you guys believe eurusd wasn't a w? That said, 3rd push today may be complete so start looking for reversal patterns Be very careful, don't confuse accumulation with a reversal pattern, remember the fox KNOWS that we know about M and W, they will use those against u as well as for my trades, I trade whatever catches my fancy, whole bunch of ways to make money, just which pair moves which doesn't. On average I do about 5-10 trades per day The line drawing was what made a difference to me in my trading, it's how I went from 50% accuracy to close to 100%. I expect once I draw enough of these, it would be built into my brain and I would just see those lines automatically We don't need those fancy indicators, sometimes simple is best If I have the time I do mark as many charts as I can, keeps me in shape, other than marking history, I predict future PA and then see if those matches later on PS I only spend < 2 hours looking at the charts each day now. If you are confident of PA, there is no need to keep looking at the screen |
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| Author: | Gertje [ Thu Aug 29, 2013 1:40 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Yes sir! Not sure if I have the guts ATM. What the linedrawings also reveil, is at what time of day a specific pairs starts moving. You can very easily distinguish what pairs run during the EURO- or USD sessions. Might be fruitfull to make separate profiles for these, to ease the "workload" at London open. |
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| Author: | kwanann [ Thu Aug 29, 2013 1:50 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Haha u figured the hidden and final secret, timing Bob was the first person I know who did this, remember he mention he will close trades mid session There is also one more reason why for the past 2 day, after I closed my trades in eu,gu and uc, I opened another scout trade. I didn't today. Wanna make a quick guess why? As well as what else this might imply |
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| Author: | Gertje [ Thu Aug 29, 2013 2:23 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I remember, never used it though. My guestimate is that; #1 several pairs are on the brink of reversal and might range #2 tomorrow is the last day of the month, profit taking is going to take place #3 end of summer season, big shots get into market again |
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| Author: | lilac [ Thu Aug 29, 2013 2:24 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
So as I understand, EU just made the third push down to L3. I noticed that the days when pushes to each of the 3 levels down took place, there was no "Frankie test and turn" or dirty game whatsoever, just plain down. However the days in between, when they are accumulating, there is always some kind of stophunt. How do you interpret this? When the fox is done clearing the level, the herd is welcome to drive the price for his profit, so no need for games? But when he wants to accumulate, he will need to takeover the existing open positions in his direction, by stealing the stops, but before that, he will also need to first entice the herd to enter the market in the wrong direction, so that he can get a free ride to the stops locations, and get better entry prices for himself? And finally, when fox wants to take profit, he will need the herd to takeover his positions to be able to exit the market with profits? |
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| Author: | zentauro67 [ Thu Aug 29, 2013 2:48 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Leaving for a while 15M and zooming out to daily, both GBPUSD & EURUSD´ PA seem about to a big sell off. Before that, we can see a bull trap coming next days. Even e bull trap can be profitable if you are quick with the exits, but it is risky if you don´t use tight SL. I´ll stay out but I m waiting for M in 4H not W in 15M. |
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| Author: | kwanann [ Thu Aug 29, 2013 2:49 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I'm not saying close mid session, i'm saying there is a specific time to close specific pairs for maximum profit and before reversal sets in yup EU just made the intra day 3rd push, today is not D3 of the "weekly cycle", in fact i like the current PA so much, i'm in another sell EU (which will definately be in SOME DD since the pair should reverse back into range) The fox has limited tricks, everyone's expecting Frankie test and turn, he goes straightaway, when everyone is expecting straightaway he goes try some other trick instead (think yesterday's 1K pip SH in GU, and then think WHAT you would have done back then) Stop hunts are only 1 of the tricks in their bag, look at the past few pages, some of us were conned into thinking EURUSD was forming a W. At this point, EURUSD would have got the whole world selling, even 10.x would have screamed SELL. Since everyone is selling why fight the trend, get everyone in the mood to sell and sell, stop at critical points to stress them out so that they will exit and the MM would have won. |
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| Author: | kwanann [ Thu Aug 29, 2013 3:41 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Here's news abou USDSGD http://therealsingapore.com/content/sin ... rency-fall http://www.fxstreet.com/news/forex-news ... 55ef48efdc http://www.fxstreet.com/news/forex-news ... 57f63c31d4 And here's the chart Yeah, we saw that coming, double top M, screaming sell. What more can is there to say |
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