The Captains Chest - Naked Trading & Other Stuff

[djhenry1981]

Anyone watching Loonie?? 4H it's primed for a BARF just gotta wait patiently for confirmation.

EJ I think is a daily barf setup in the marking too

[MattK]

AUDCAD as well may form.

[Jacque]

yes, i am in for ride to the HH on loonie. fingers crossed ><

[djhenry1981]

yes, i am in for ride to the HH on loonie. fingers crossed ><

You're already in?

Matty: Yes, I've been watching AUDCAD too

Missed CADCHF a couple of days ago.

[djhenry1981]

Once I perfect these entries, i'll fire up the scale in script and see what damage I can do!

[kwanann]

As i dont really trade on the M15 anymore have taken to looking at the higher timeframes for guideance. posted a chart on gbpjpy months ago and it worked out as expected, here's the USDCAD version

As for Loonie, go to the higher TF view, something interesting will appear

[Jacque]

yes, i am in for ride to the HH on loonie. fingers crossed ><

You're already in?

Matty: Yes, I've been watching AUDCAD too

Missed CADCHF a couple of days ago.

Yup, was in earlier to ride to the HH before going short but i am out it doesnt look like it wants to break that top. Shall wait and see..

[kwanann]

Gotta love NFP sometimes

[monty]

Screenshot_2.jpg

G/U.
That's what I thought too, that it is on the 3th level down,but it doesn't look like it now.

It's just going up and upward after a SH.

Any input would be welcomed.

[Tyme]

I finally finished reading the whole thread, 504 pages writing notes. This thread and CJ's work is outstanding, it really changed my mind. I have a lot of questions, question that I will address in the future attaching examples and so on, but right now after finishing the thread I have one really important for me.

It is about the stacking. In some pages I noticed that CJ and other guys stack orders. They buy/sell the first time with a fixed SL and if the price is moving in the right way they re-enter again. My question is, what is the SL for those additional orders? Because they never commented about that and I think it's important. Is it fixed like the first order, an average?

I hope CJ or some of the veteran guys have time to answer this.

Thanks in advance!