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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: | Captain Jack [ Wed Sep 30, 2015 9:01 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
You have to understand that I don't aim to make "perfect" trades, my aim is to make money. If I was to micro manage these progressions, I could wait on the 1m or 5m chart for near perfect entry and exit...but why do that, spend all the time on a dirty, lower time frame, when I can do this and move to the next one? I've posted a MAP of what I predicted EURUSD would do, many, many months ago, years in fact.... I think I can safely trade this pair with no SL, as well as the others... Given the time last night and this morning, I would have played it this way, which is the way I've played so many that are posted in this thread and on threads in other forums on the net. You would have seen 50k grow to well over seven figures.... It's like I've said, I don't have time for the charts right now, but it's there anytime I need it. -CJ |
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| Author: | Captain Jack [ Wed Sep 30, 2015 9:11 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Sorry Sponn, I don't track pips.... but here's the trades if you want to convert profit to pips.... And those loses come when I close ALL orders in the progressions...usually they were orders added near the end of the progression and then I end the progression.. One of the losses was also a BUY order placed by mistake and then closed... -CJ- |
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| Author: | kingbee [ Wed Sep 30, 2015 9:19 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Those RRT's are really obvious, thanks for the light bulb moment CJ, now to put it into practice !!! Thanks as always Captain! |
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| Author: | Captain Jack [ Wed Sep 30, 2015 9:27 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Oh I don't know about that. Is he really or are you making it harder than it needs to be?? Both are similar. -CJ- |
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| Author: | Captain Jack [ Wed Sep 30, 2015 9:48 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Peak Low to Peak High and all the goods in between.... If you all think you are going to find nice clean patterns, quit trading now... they do the same stuff over and over and try their best to hide their tracks... expect the dirt... -CJ- |
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| Author: | botrak [ Wed Sep 30, 2015 9:50 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Levels or pushes? http://www.stevehopwoodforex.com/phpBB3 ... 584#p56584 In this post you said "Levels occur over DAYS...pushes occur during the day...." Or these are M15 levels? Sympathy said me to forget about M15 and use H1. |
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| Author: | jedrula [ Wed Sep 30, 2015 9:55 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I wanted to say something smart .... ... ... ... ... CJ you're one of them, you're a big fox in a wolf skin :hi: It's good that I can learn from you. Thanks for every word. |
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| Author: | Captain Jack [ Wed Sep 30, 2015 9:58 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
LEVELS on the higher time frames appear over DAYS, WEEKS AND MONTHS...depending on the time frame you are looking at....same with PUSHES ON THE HIGHER TIME FRAMES.... REMEMBER THE PATTERN IN BORN ON THE LOWER TIME FRAME...shorter time to form.... A pattern you see on the 15m time frame will take weeks and months and years to show on the highest...that's why the repeat over and over...during this time as they are building the same pattern on the higher time frame chart... It is all relevant to the time frame you are trading.... I've said many times, find the RRT on a higher time frame, drop down to a lower time frame and you will find the "W" or "M" that the RRT represents! -CJ |
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| Author: | botrak [ Wed Sep 30, 2015 10:13 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
"I've said many times, find the RRT on a higher time frame, drop down to a lower time frame and you will find the "W" or "M" that the RRT represents!" This is clear But I cant say that its RRT until it formed We can only EXPECT RRT will form after wick. But without right map price patterns are useless. Thats why I ask about levels/pushes. |
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| Author: | Captain Jack [ Wed Sep 30, 2015 10:18 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Then you need to spend more time watching them form.... and more time finding them on high time frames, then looking how they were formed on the lower time frame. When you put as trade in the pins, the SL for you should be 10-20 pips above the pin... you lose, your anchor trade is out 15-20 pips... if you're in with a good trade, say hello to 20:1+ R:R's -CJ- |
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