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(binned per thread starter's request) Naked Trading With HA Handl

  • #781
  • Aug 23, 2023 10:31am Aug 23, 2023 10:31am
Quoting cpfleger
Ohhhhhhhhhh, the Naked Trader is still alive in north England.... excellent idea young man... cpfleger
without patience how can you be a trader?
  • #782
  • Aug 23, 2023 12:44pm Aug 23, 2023 12:44pm
Quoting cpfleger
Ohhhhhhhhhh, the Naked Trader is still alive in north England.... excellent idea young man... cpfleger
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #783
  • Edited 1:23pm Aug 23, 2023 12:55pm | Edited 1:23pm
Last trade of the day:


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Called it a day at 11 pips. Time to rest and repeat tomorrow and the next day and the next day..........
  • #784
  • Aug 23, 2023 2:05pm Aug 23, 2023 2:05pm
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  • #785
  • Aug 23, 2023 2:20pm Aug 23, 2023 2:20pm
looks like we all pinching a few coins from the banks

Waited for this one. A fairly strong move down after USD news announcement. I could see then that price slowed down and a pocket of consolidation formed with a demand box waiting to bounce off
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #786
  • Aug 23, 2023 3:38pm Aug 23, 2023 3:38pm
Seabreeze,
Its easier to trend and countertrend than just countertrend.... in my opinion.
cpfleger
  • #787
  • Aug 23, 2023 3:55pm Aug 23, 2023 3:55pm
Quoting cpfleger
Seabreeze, Its easier to trend and countertrend than just countertrend.... in my opinion. cpfleger
I completely agree with you. Unfortunately I have a super busy daily schedule and normally cant trade small time frames during the day , but price quite often move opposite direction at last few hours of day and first couple of hours of new day, especially if price driven by news earlier in day and opens countertrend opportunities.
My main trading is done following the weekly trend and trading off the daily time frame.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #788
  • Aug 23, 2023 4:29pm Aug 23, 2023 4:29pm
Quoting Seabreeze
{quote} I completely agree with you. Unfortunately I have a super busy daily schedule and normally cant trade small time frames during the day , but price quite often move opposite direction at last few hours of day and first couple of hours of new day, especially if price driven by news earlier in day and opens countertrend opportunities. My main trading is done following the weekly trend and trading off the daily time frame.
Seabreeze could you share a little bit more about your main Trading?
without patience how can you be a trader?
  • #789
  • Aug 23, 2023 4:38pm Aug 23, 2023 4:38pm
Quoting Steverino832
{quote} Seabreeze could you share a little bit more about your main Trading?
Will private message you.

Will be quiet next couple of days as I'm on a two day fishing trip from 4am in morning so just off to bed as its 22.40 in the UK.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #790
  • Aug 23, 2023 4:41pm Aug 23, 2023 4:41pm
Quoting Seabreeze
{quote} Will private message you. Will be quiet next couple of days as I'm on a two day fishing trip from 4am in morning so just off to bed as its 22.40 in the UK.
that would be great thanks enjoy your fishing trip sounds like fun
without patience how can you be a trader?
  • #791
  • Aug 23, 2023 7:31pm Aug 23, 2023 7:31pm
Quoting Ronin-
First Gann trade of the day. Closed after 1.9 pips {image} Yesterdays trade closed at TP today.
Good trading Ronin

kindly share thr indicators and template.

thank you
  • #792
  • Aug 24, 2023 1:34am Aug 24, 2023 1:34am
First trade, quick 3 pips.
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  • #793
  • Edited 6:16am Aug 24, 2023 2:48am | Edited 6:16am
Second trade all wrong, discipline lacking. Saw green double wick candle, support line, gann briefly changed direction. However no upward support arrow at the time, no single wick HA.

Hoping to recover trade by waiting. break even in the end.


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Price beginning to retrace.
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  • #794
  • Aug 24, 2023 4:40am Aug 24, 2023 4:40am
Final trade today based on pullback and then return to trend.

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  • #795
  • Aug 24, 2023 6:08am Aug 24, 2023 6:08am
Ronin,
You are getting better each day.
cpfleger
  • #796
  • Aug 24, 2023 6:22am Aug 24, 2023 6:22am
Thursday Thought..........

The Market is an electronic auction house where buyers and sellers meet and express their individual beliefs about each Instrument. Some buy and some sell but there is an enemy within the Market and it's called the Market Maker(s). They are the whales / big boys and girls at Wall Street, London, Amsterdam etc., who need your small retail trader's money. Risk and money management comes to my mind now.
The Market Makers cannot move the market with all of their money as this would crush the Market and then there would be no Market tomorrow. So they drop small and medium deposits within the Market and the retail trader (YOU) must work with them and follow their droppings of money. Its called Market Volume. NOTE: They (Market Makers) tease YOU, take money from YOU and over 90% of retail traders loose 90% of their account balance within 90 days, so be aware. Risk and money management.
The first 90 days with a real live money account is the high-risk time for every retail trader, if you make money after 90 days from your original account balance, consider yourself in the top 5% club. If you ever read Forex Factory Forums, you will see that no one ever talks about the 3 90’s, I wonder if they know….
  • #797
  • Aug 24, 2023 7:02am Aug 24, 2023 7:02am
Quoting cpfleger
Thursday Thought.......... The Market is an electronic auction house where buyers and sellers meet and express their individual beliefs about each Instrument. Some buy and some sell but there is an enemy within the Market and it's called the Market Maker(s). They are the whales / big boys and girls at Wall Street, London, Amsterdam etc., who need your small retail trader's money. Risk and money management comes to my mind now. The Market Makers cannot move the market with all of their money as this would crush the Market and then there would be...
Sir, can you explain more about risk and money management ?
xinitial.
  • #798
  • Aug 24, 2023 7:25am Aug 24, 2023 7:25am
xinitial,
Read the attached PDF first, then add your questions.
cpfleger
Attached File(s)
File Type: pdf Trading Blueprint.pdf   57 KB | 254 downloads
  • #799
  • Aug 24, 2023 7:37am Aug 24, 2023 7:37am
Quoting cpfleger
xinitial, Read the attached PDF first, then add your questions. cpfleger {image}
We are all on the same journey. Which is why this particular thread by Steverino 832 is good for our souls. Post your trades good or bad, as I will, and then we can measure our progress and help / support each other on this painful journey of 6 month or maybe more.

We all would like to achieve the same goal. My dream is wifi, laptop, anywhere in the world.

This idea came to me through hearing about a friend of a friend who ran out of money whilst on holiday in India. To make more, he took a website design/building contract and sat in a cafe for a few days. Then continued enjoying the holiday. I'm not a web site designer, so trading it has to be...
  • #800
  • Aug 24, 2023 7:41am Aug 24, 2023 7:41am
Quoting cpfleger
xinitial, Read the attached PDF first, then add your questions. cpfleger {image}
I've read this many times.
xinitial.
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