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The Captains Chest - Naked Trading & Other Stuff
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Author:  rambo06 [ Fri Oct 30, 2015 11:16 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Would this be the proper logic behind the action on EU?
Author:  zacorbul [ Fri Oct 30, 2015 11:26 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

rambo06 » Fri Oct 30, 2015 12:16 pm wrote:Would this be the proper logic behind the action on EU?

I see it pretty much the same and whole formation I see it as SH stage for down cycle just on the left there.
Author:  Captain Jack [ Fri Oct 30, 2015 11:41 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

forexgeeker » Fri Oct 30, 2015 6:32 am wrote:
Silweri » Fri Oct 30, 2015 5:36 am wrote:I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?

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:
You should not get attached to the false illusions of correlation... there is none here between these 2, they follow different paths...

To say AJ follows EJ infers AUD follows EUR and that is not the case...

-CJ-
Author:  Captain Jack [ Fri Oct 30, 2015 11:45 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

WhoKnows » Fri Oct 30, 2015 4:52 am wrote: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. :D

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 :oops:
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.
Now you are catching on... learn the levels and take entry as high in the pins when topping formations appear... your risk is minimal and your returns are maximized... especially when you add an extra order or more.

YOU MUST ALWAYS TRADE WITHIN YOUR COMFORT ZONE AND AS NANNINGBOB SAYS - "TRADE TO TRADE ANOTHER DAY"


-CJ-
Author:  Captain Jack [ Fri Oct 30, 2015 11:48 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Silweri » Fri Oct 30, 2015 5:36 am wrote:I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?
Lost of RED "news" upcoming next week... I see this pair dropping soon.... but a retrace could be in the works...

Remember that the crosses are held while the majors are moved and the majors are held when the crosses are moved....AJ has been held....

Even Fox's are limited in their capital...

-CJ-
Author:  sympathy [ Fri Oct 30, 2015 11:51 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Too much pips :D
Author:  willhe [ Fri Oct 30, 2015 11:53 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

THANK YOU CJ!!!!!!

I am starting to see what a teir1 bank trader has been trying to say for years, He is bound by a "code of ethics" not to reveal what he knows straight up. You have done a fabulous job!! I thank you again for brining to light what I have been trying to figure out for many years.

I will ask no questions if I can refrain. I understand your frustration. All has been presented and no other way to describe it.

I am gratefull, because I have a father with cancer as well and am engaged to a woman with a family member in coma that she has to tend often. My father is still ok at this time, but would love to be able to buy a new truck.
Had his since 06 and has only had one new in his life. All I want from this journey is to give him that and help my 2 wonderful boys. I have lived poor and I am ok with it. Just want more for my family.

Btw. My oldest got a full ride to college and is a double major with a 4.0 grade average. The youngest is still a senior in high school. Wants to go to A&M. I can't afford that at this time. Plus just got a fiance that has 2 much younger.

Sorry, spilling my guts here. I am just very appreciative of what CJ has done

Regards
Mike
Author:  Captain Jack [ Fri Oct 30, 2015 11:58 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

willhe » Fri Oct 30, 2015 7:53 am wrote:THANK YOU CJ!!!!!!

I am starting to see what a teir1 bank trader has been trying to say for years, He is bound by a "code of ethics" not to reveal what he knows straight up. You have done a fabulous job!! I thank you again for brining to light what I have been trying to figure out for many years.

I will ask no questions if I can refrain. I understand your frustration. All has been presented and no other way to describe it.

I am gratefull, because I have a father with cancer as well and am engaged to a woman with a family member in coma that she has to tend often. My father is still ok at this time, but would love to be able to buy a new truck.
Had his since 06 and has only had one new in his life. All I want from this journey is to give him that and help my 2 wonderful boys. I have lived poor and I am ok with it. Just want more for my family.

Btw. My oldest got a full ride to college and is a double major with a 4.0 grade average. The youngest is still a senior in high school. Wants to go to A&M. I can't afford that at this time. Plus just got a fiance that has 2 much younger.

Sorry, spilling my guts here. I am just very appreciative of what CJ has done

Regards
Mike
When you get down to it Mike, you would be surprised how many here, face similar conditions in their lives.

As you know, my illusions of reality differ a great deal from most and I do not believe anything is random. We are here for a reason, this is where we are supposed to be, at this very moment. What is, is what was meant to be.

Congratulations to you and the young ones...I'm sure you are proud.

I hope you are able to accomplish your goals.

-John
Author:  mtl [ Fri Oct 30, 2015 12:03 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

please review how well I think
Author:  sympathy [ Fri Oct 30, 2015 12:06 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Captain Jack » Fri Oct 30, 2015 12:48 pm wrote:
Silweri » Fri Oct 30, 2015 5:36 am wrote:I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?
Lost of RED "news" upcoming next week... I see this pair dropping soon.... but a retrace could be in the works...

Remember that the crosses are held while the majors are moved and the majors are held when the crosses are moved....AJ has been held....

Even Fox's are limited in their capital...

-CJ-
Yeh CAPTAIN you are right, i have been waiting for that drop :D level 3 is waiting :D
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