You're not always wrongintcust » Fri Feb 07, 2014 3:22 pm wrote:closed the e j sell and opened a buy got around 16 pips on sell
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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 [ Thu Feb 06, 2014 10:23 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
just sold e j playing the range game. target around 138.52 then will buy it if it bounces there. Trouble with this trade is that I really can't stack to close to take profit. If it breaks down then I can add positions. But 20 pips down 20 pips up and one is really near the 50 pip point. |
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| Author: | dockrue [ Fri Feb 07, 2014 4:09 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Are there any other USA traders in this sub forum that can recommend a US broker to use? I've enjoyed doubling a demo account with this method but the leverage is 1:200 so I need to practice on a 1:50 account here in the US. Thanks, Brad |
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| Author: | intcust [ Fri Feb 07, 2014 4:20 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
dockrue Oanda or Mb trading are a couple |
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| Author: | intcust [ Fri Feb 07, 2014 4:22 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
closed the e j sell and opened a buy got around 16 pips on sell |
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| Author: | djhenry1981 [ Fri Feb 07, 2014 4:42 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
You're not always wrong |
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| Author: | intcust [ Fri Feb 07, 2014 4:46 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
the buy closed out for about 10 pips. Well that is 30 pips in the asian not bad. |
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| Author: | intcust [ Fri Feb 07, 2014 4:48 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
oh 30 I did stack for a few pips on the sell so it ended up around 30 pips |
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| Author: | HannesJoubert [ Fri Feb 07, 2014 12:43 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Okay, I'm trying here, so please deliver your comments, and if I have it wrong, please deliver them within an hour so that I can cancel the pendings  Attached are two charts (GU), one daily, one 15m of the trade that I have taken in anticipation (yes, entry may be a bit late). I have taken this trade and placed the pendings based on the fact that we have NFP today, and the tracks left by the Fox as I see them on the charts attached. What you think? Correct or incorrect, correct interpretation & foolish to take the trades? Or just plane scary? Just take note that it took me the whole morning of looking at PA on the 15m and then flipping back to the D1 to see. I kept getting differing ideas (long or short), but then I realised that I can go long in the midst of a down trend (i.e. counter trend). I think that the reason it took me so long is that I do not really have confidence in reading the charts yet... So, fire away, and lets hope that I manage to get something out of the markets today, and that it's not a hiding..  Other than that, enjoy your weekend... H |
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| Author: | HannesJoubert [ Fri Feb 07, 2014 2:01 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Well, I go the initial direction (Stop hunt?) correct and managed to gain a small profit. The bearish pins did convince me to enter short though...let's see... |
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| Author: | botrak [ Fri Feb 07, 2014 4:35 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Just banked some pips. Thanks CJ. |
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