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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: | BobbyT [ Fri Aug 28, 2015 10:43 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I haven't posted in a few months. Been busy with study and have decided to get naked again but on the h4/d1 timeframes as its a bit more conducive to the time I have. Its been great following Sympathys development and his willingness to help everyone. So ti try and get a bit of advice for myself, could you please expand on the second point above? The whole concept of inter timeframe confirmation is still qjite unclear for me. Cheers, BobbyT |
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| Author: | sympathy [ Fri Aug 28, 2015 11:30 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Eu is in level3. but it seems they want to bring another leg down. i have taking what is given on my EU trade. every setup was working fine but fox turned it round. remember he is in charge here. am expecting price to drop an pickup again. |
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| Author: | sympathy [ Fri Aug 28, 2015 11:34 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
it means the position of price in the weekly and daily circle. |
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| Author: | sympathy [ Fri Aug 28, 2015 11:37 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
lost my GU trade. fox is pushing another leg down. i must wait and see when he will get tired and Run towards my trap. |
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| Author: | BobbyT [ Fri Aug 28, 2015 11:52 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Maybe I have something totally backwards. I thinK I get what you're saying but isn't d1 the monthly cycle? Each time divder is a month on d1. So going on the 3 level concept of 3 levels over 3-5 periods this would mean 3 levels over 3-5 months (therefore a monthly cycle). Are you just checking that you're not selling into the end of level 3 d0wn on the higher timeframe or also the end of the 3rd push down in any level. Seeing so many of ypur charts over the past couple of months has really helped me graspe level counts on a single timeframe. So once again, thank you. |
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| Author: | sympathy [ Fri Aug 28, 2015 11:59 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
hey bobby, you don't need to over calculate those stuffs ok. in a week we have five working days so price will always fall or rise 3-5 days withing the week.your job is to locate the pair that has completed its rise/fall then follow it from level3/level 1. |
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| Author: | hannele [ Fri Aug 28, 2015 12:17 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hi sympathy, I don't get it, how did you loose in this trade (GU) ? Could you expand please ? cheers hannele |
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| Author: | bodring [ Fri Aug 28, 2015 12:21 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I guess Sympathy had a tight SL, but price made one more push. |
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| Author: | hannele [ Fri Aug 28, 2015 12:21 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Sorry, referring to this image, cheers hannele |
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| Author: | hannele [ Fri Aug 28, 2015 12:23 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hi bording my point was, there is buy and sell, 100pips between cheers hannele |
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