The Captains Chest - Naked Trading & Other Stuff

[kwanann]

LOL i thought you still stick on h4 since you dont have time on m15

I use m15 nowadays, same application different tf. Anyway m15 shows h4 as well, just bunch the candles together

i dont get the picture of the USDCHF... and why buy.. its rising for a couple of days already ? i dont know..

The point was, you had to enter at the bottom of the shapes.
Xrismak did [frequently] so a few days ago, and is now building his retirementplans.....

His orders are sitting on 50-150 pips EACH, and likely another 150 to come.

It's up to you whether you wan to be intraday or a daily trader, just choose whatever fits your schedule and trading style

[nakedtrader]

pins on EU what does it mean ? is it a stophunt

[Gertje]

What do you guys make of the news-spike on EURUSD?

At first glance I thought it to be the awaited drop, then after it retraced I had the impression it was a SH before going north, and now it sinks again......

I'm short, TP@1.3130 [just above ADR]

[kwanann]

Lol news spike is nice for TP...

Still short btw.. That just created a nice m on eu

Note that ny session mostly done, expect retracements to occur

[banteka]

USDJPY. Reached its third level

[seanyd]

I think EU has reached 3rd level as well , maybe midweek reversal tomorrow or now ?

eurusd_ukm15level3.png

[kwanann]

USDJPY. Reached its third level

@Gertje, i think banteka's chart should clear up even better what is happening when i took the trade yesterday. This is documented by pips400 over at http://www.stevehopwoodforex.com/phpBB3 ... 460#p74460

or if you want the true blue setup > http://www.stevehopwoodforex.com/phpBB3 ... &mode=view

Me i just trade what i see, if pretty Miss M wants my attention, i will give it to her

Have to be flexible sometimes, not every day is an ADR day, just follow em foxes when they want to hunt and go sleep when they decide to retire

[Gertje]

USDJPY. Reached its third level

@Gertje, i think banteka's chart should clear up even better what is happening when i took the trade yesterday. This is documented by pips400 over at http://www.stevehopwoodforex.com/phpBB3 ... 460#p74460

or if you want the true blue setup > http://www.stevehopwoodforex.com/phpBB3 ... &mode=view

Me i just trade what i see, if pretty Miss M wants my attention, i will give it to her

Have to be flexible sometimes, not every day is an ADR day, just follow em foxes when they want to hunt and go sleep when they decide to retire

Thanks for your thourough chart mark-up!

Got the theory;
- Asian session accumulation
- False breakout manipulation with SH [how far?]
- Reverse into real direction for profit taking

Need to work on recognising the true direction, GBPUSD tricked me into the belief it's going down, and then it went up. Saw all the fox signs; M's, stops taking, spread widening, pins etc.
It's now accumulating again, 40pips above Asian.
.

[pips400]

Second that, thanks Kwanann.

Here's my markup on the GBPUSD

GBPUSD 4 Sep M15.PNG

Got this for a short at the moment, we'll see what happens

EDIT: Looks like got this one wrong

[fahedksa]

Hi All,
For me i found that using 4H and 1D time frames less noise and can trade them .I just add on daily frame lines where the price retrace and follow all rules.
My max DD was -90 pips