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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: | sympathy [ Fri Oct 30, 2015 7:46 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Morning guys CJ posted a chart last night on AU. I just saw it now, some of you want to trade like him but its not possible, i cant even try it |
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| Author: | sympathy [ Fri Oct 30, 2015 7:48 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hey dudest, hope you are good. |
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| Author: | santos [ Fri Oct 30, 2015 8:23 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Could this be a possibility for the near future? Established new peak high? |
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| Author: | WhoKnows [ Fri Oct 30, 2015 8:52 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Even the learners are starting to get there. I thought it was risky yesterday... but with 8 pip mental stop I thought I'd better take the 2nd leg of the M. Just made it to 1st target at 70 pip. With such RR you can take risk.... BTW... This was not the only trade this week in the pins or close. Last week 60% of trades in profit, this week 75%. But more important than success rate is the potential RR. With CJ's method you would probably even be profitable at 25%. Never in my 10 year trading I came close to this. Thanks all you guys / and girls. Now I have to keep working on patience to wait for the setups to form. And work on taking profit instead of giving most of it back in 'news induced' reversals. Still missing most trades that e.g. Sympathy posts, I only go for the easy to see stuff. In time and with practice I hope to include more and more of his and CJ's approach in my own repertoire. Still all DEMO, but getting ready to go live in two weeks. With mini lots Even when a little money is on the line, one's behavior tends to change. Mini lots will be my way to 'DEMO' with some increased pressure/ beer money. |
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| Author: | Silweri [ Fri Oct 30, 2015 9:36 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I would ask for opinions about AUDJPY for learning purpose. Is this right? What am I missing? |
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| Author: | forexgeeker [ Fri Oct 30, 2015 10:15 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I'm not an expert,but I think your chart looks all right... |
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| Author: | Jurij [ Fri Oct 30, 2015 10:16 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
CJ your chart just cleared something up that I misunderstood. The peak high in this case is not the highest high in the entire curve, it just happens to be the most recent topping formation with an M pattern. I thought the peak high has to be the highest high in the bigger swing... Now this clears it up. Thank you for your patience. I'm sure you feel like explaining the color red to someone who is colorblind |
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| Author: | mtl [ Fri Oct 30, 2015 10:19 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I was there to see your picture something else what CJ wants us all the time told :hi: I do not know but I do not understand these levels |
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| Author: | forexgeeker [ Fri Oct 30, 2015 10:32 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Or Maybe we could have one more push to the low,before a big rise,which will coincides with CJ prediction on EJ...As we all know AJ and EJ is positively correlated pair..They won't agree all of the time,but most of the time they are...I don't know,but that's what I think... :youknow: |
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| Author: | sympathy [ Fri Oct 30, 2015 10:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Take them all |
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