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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: | Jurij [ Thu Jan 15, 2015 11:39 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
interesting. are there bigger predators than the fox? maybe fox leaves the show when predators from central banks come in |
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| Author: | Direwolf [ Fri Jan 16, 2015 2:06 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CJ it's great to see you post in person! Thank you for your knowledge, haven't read the entire thread yet but so far it's been an eye opener. Anyone got caught in that CHF surprise move? EUR/CHF fell 2000+ pips in minutes. Glad I wasn't holding long on that pair. |
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| Author: | tienbanker [ Fri Jan 16, 2015 3:13 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
The reason for Chf pair I think it is only the Center Bank. This is the strongest person and can make the currency run 10,000pip if he want. |
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| Author: | Direwolf [ Fri Jan 16, 2015 3:24 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Indeed. SNB decided to lift the 1.2 cap "unannounced" causing havoc globally. Put Excel, one of New Zealand big broker, out of business along with many others! http://www.forexlive.com/blog/2015/01/1 ... b-shocker/ To think that I too was holing long position a few weeks ago... man... what a close call. Best wishes to those trading with Excel. Hope they can withdraw their money. |
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| Author: | Captain Jack [ Fri Jan 16, 2015 4:31 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
What happened? Nothing that wasn't already FORETOLD many times in the past... As far back as December, even farther back to May and beyond should you choose to spend time in the charts and confirm this. I have preached here countless times, that the patterns FIRST appear on the lower time frames, the smallest being the "tick" chart, and "mature" into the patterns on the higher time frame charts at various times. Nothing has changed... When you see a "spike" on a lower time frame, what can you expect on a higher time frame? The same "spike", at a later time. If you see a 100 pip price spike on a 15m chart,, what would you expect price to do when that pattern matures on the 4hr, D1 or M1 chart? Simple, the price spike in pips is much larger due to the scale or time frame of the chart.... nothing has changed and the move was not "unexpected". Many of you still follow the Shepherd, down the path of misinformation, even when you know that path is covered in bullshit... when you slip in the BS, you still look to lay blame on the brokers, dealers, banks or whatever gives you comfort, instead of kicking yourself in the ass, for allowing yourself to be led down the slippery, stinking slope. NOTHING IN FOREX IS "UNEXPECTED"!!! The games have just begun in the CHF pairs and if you get your heads our of your butts, you just might see what lies ahead. If you believe what you see, any losses you suffered in the past few days, will pale in comparison to the profits that wait ahead. -CJ- |
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| Author: | tienbanker [ Fri Jan 16, 2015 4:45 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CJ, Could you advise me for avoid the fake M, fake W or fake breakout? Some time I can see the market maker in here, some pattern you showed, but not sure about their "Intent''. Best regard. |
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| Author: | Dagu [ Fri Jan 16, 2015 5:25 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thank you CJ Now I know everything I need to know Thank you again and wish you all best |
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| Author: | Captain Jack [ Fri Jan 16, 2015 5:41 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
As stated many times before, "M" and "W"'s are nothing more than "RRT"'s on the higher time frame. As stated many times before, look at ALL the time frames when you are considering a pattern to trade. Doubt it? Find a "RRT" on a 4H or D1 chart and drop to the next lower time frame. What do you "see"? -CJ- |
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| Author: | Piter80 [ Fri Jan 16, 2015 5:52 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
wow Thank You very much CJ.Your every post is priceless |
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| Author: | Jemook [ Fri Jan 16, 2015 6:04 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hey CJ, Just dropping in and saying hello. Hope all is good in your world mate. Cheers Jeremy |
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