CLEANUP YOUR CHART BRO. things are happening inside.fiox » Wed Jul 08, 2015 9:07 am wrote:I see similarities... maybe just my imagination
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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: | klaatu [ Wed Jul 08, 2015 10:13 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Great charts ... when do you close a trade? I saw that on EU on some trades (78401556, 9, 565) you were in loss with 62 pips. What was your strategy then, and at what price/pattern would have you been closed them? thanks (I wrote similar comm but didn't save ... apologies if is doubled) |
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| Author: | sympathy [ Wed Jul 08, 2015 10:20 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CLEANUP YOUR CHART BRO. things are happening inside. |
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| Author: | sympathy [ Wed Jul 08, 2015 10:27 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Yea I just have to show it because sometimes we loose good setups due to some kind of spikes. like I said before I close them when price is retracing opposite my direction. sometime my trade will go red but if the direction is pure I will stick to it. |
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| Author: | sympathy [ Wed Jul 08, 2015 10:32 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
opposite levels |
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| Author: | sympathy [ Wed Jul 08, 2015 10:47 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
nice trade |
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| Author: | sympathy [ Wed Jul 08, 2015 10:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
see you guys later. my network is bad today just want to close some of my positions. |
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| Author: | Occam [ Wed Jul 08, 2015 10:57 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
This pales in significance compared to sympathy's monster trades (lovin' those charts sympathy) but here's a little M15 EJ trade .. 3 pushes to support and a W formed by the wicks, back up across the range... And a UCAD M15 trade which I got a good ABC entry short but didn't exactly manage the exit well at the pivot instead of allowing it to go to the target at the lows. An example allowing the fox to use the pivot to draw traders in to chop them up. Still tossing up whether to take the pivot off or not but sometimes it seems a good exit when price has moved 50+ pips or so (as in the EJ trade). [Edit: just noticed your comment Sean on the ABC on UCAD, nice!] Anyway CJ's concepts are starting to sink in methinks... |
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| Author: | sympathy [ Wed Jul 08, 2015 11:18 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
this is EJ in its 3rd level waiting for a reversal, this is were the strategy comes in. you have to wait and see if the last candle pins. sometimes I enter at the previous candle but in this situation, I will allow the second candle to pin above the previous low. that pattern is called a double bottom aka RRT. that's how it works but you have to make sure you are at level 3. |
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| Author: | sympathy [ Wed Jul 08, 2015 11:21 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Ye you are on point |
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| Author: | sympathy [ Wed Jul 08, 2015 11:42 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
look at this cadj pair, f you open your eyes very well you will notice some tricks mr fox is producing. the tricks will materialize maybe Friday or next week. I will hammer it up when it comes. if you wona see it pls check 1hr tf. its just a normal pattern you know. |
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