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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: | intcust [ Tue Jan 14, 2014 4:52 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
if the horse race is fixed and you know it then all you have to do is go with the fix easier said than done some times the tracks get covered in the snow but that is the idea |
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| Author: | tommiho [ Tue Jan 14, 2014 8:23 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Hi all, just posting some trades I took. It is demo and I spent literally a 2 minutes looking at charts and placing the trades (all market orders), than I spent another minute when price moved in my favour placing additional trades. Why am I saying this? For some reason I am unable to do this on a real account, well sometimes I can do that but most of the time no. I just took the trades and walked away for 3 hours and came back to see them in profit.... Maybe it was just the luck. I am going to do that for some time and will see if that was the case. |
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| Author: | tommiho [ Tue Jan 14, 2014 8:36 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Hi daggerfall, how did yo manage those trades? When I saw your sketch it remined me how I have drawn very similarly my accumulation zones and place tha trades just like you did and than happened what happened always, price went lower than expected. I know that CJ said that the price is sometimes pushed, well I think it`s almost always pushed lower for another 25 or 50 pips. So just something to point out. Just for the clarity what I am talking about, I am attaching the chart below. |
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| Author: | Dagu [ Tue Jan 14, 2014 9:48 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Hi tommiho unfortunately I got SL I don't know what happen next but I'm waiting for some signs maybe tomorrow something will change all this situation was strange but I hope this is the last level from the cycle and the W will appear soon THX for your post, I'm glad that I'm not the only one who screew this trade : ) All we can do is making a mistakes and learn from them : ) Sorry for my terrible ENG Learning in progres : ) Tomorrow i will post some possible trades |
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| Author: | kwanann [ Tue Jan 14, 2014 10:18 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
While i dont have CADCHF, i do have the reverse in my charts. Looking at the higher TF, CHFCAD is on a uptrend, so technically CHFCAD is on a downtrend on the higher TF. I would treat a buy as a CT trade and have a REALLY REALLY tight SL it depends on the TF you play, but i prefer to use the higher TF to determine trend direction |
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| Author: | djhenry1981 [ Wed Jan 15, 2014 6:40 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
After getting bitten by the fox last night. I went back to re-read everything. Staring at me in the face was this... "It's the same, but different" as CJ's first post is it not? Thoughts? Comments? Death Threats? Edit: I mislabelled 'C' it should be on the large peak to the right |
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| Author: | kwanann [ Wed Jan 15, 2014 7:02 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Well.. There's more than that pattern being repeated.. And I'm currently long eu Cheers |
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| Author: | djhenry1981 [ Wed Jan 15, 2014 7:18 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Woo... I'm not crazy! Care to elaborate? |
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| Author: | Dagu [ Wed Jan 15, 2014 7:45 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
7 day cycle ? PA in January is very strange |
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| Author: | Captain Jack [ Wed Jan 15, 2014 11:04 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I hope you enjoyed your tea and said hello to Alice for me! CJ |
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