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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: | go4pips [ Tue Mar 10, 2015 10:00 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
OK, for a few days I was mostly just reading CJ's and others post and charts attachments in the forum, I open my chart's to look for a set ups what i learned from mostly CJ's post, all pairs I am checking no movements everything looks like frozen, am I seeing right and if yes, what is going on, what is the entire word waiting for E. |
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| Author: | go4pips [ Tue Mar 10, 2015 10:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
OK, let see what will happen, my stop is at 88.070 E. |
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| Author: | go4pips [ Wed Mar 11, 2015 12:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
stop out |
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| Author: | Tomsic [ Wed Mar 11, 2015 1:50 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I didn't catch that one myself, but after you brought it to my attention is seems like it could be a good one.. though it's too late for me to get in now.. anyway.. 3 pushes down from the ABC top: Now, the ABC is a great high probability/low risk pattern (probably my favourite one from this thread), but only if the entry is correct. I guess by waiting for price to move off the "c" point you are getting some "confirmation", but to really trade this pattern in a low-risk way, you gotta kind of anticipate the "c" before it's formed. That way you can place pending orders around that level, and place your stops 5-10 pips below "b" - which price should rarely touch on a working pattern. Hope this chart helps visualize what I'm saying.. Maybe Dudest or someone else can correct me if I'm wrong, but that's the way I assumed this pattern was meant to be played from the many examples posted in this forum Anyway, keep it up! |
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| Author: | Tomsic [ Wed Mar 11, 2015 2:02 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Nice map! Thanks for sharing, I'll be keeping an eye on the daily |
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| Author: | go4pips [ Wed Mar 11, 2015 2:20 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thank you Tomsic, I appreciate your help. E. |
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| Author: | dudest [ Wed Mar 11, 2015 8:06 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Closes out GBPNZD shorts, realized I was wrong and pushing it Closed out USDTRY shorts today when realized it is forming a rising wedge! (happy it covered previous losses). Switched to longs at wedge boundary USDCHF was also forming a rising wedge undercover at VBRN 1.0000 !! Also long that (seems Big Predators are trying to take it back to where it was pre-SNB) Charts when I get the chance All the best to all, cheers |
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| Author: | dudest [ Wed Mar 11, 2015 8:16 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
@USDCAD: DGF, I think you nailed it |
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| Author: | Jurij [ Wed Mar 11, 2015 8:30 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
GBPUSD analysis |
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| Author: | dudest [ Wed Mar 11, 2015 10:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
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