The Captains Chest - Naked Trading & Other Stuff

Piter80 · Post by **Piter80** » Sun Mar 22, 2015 7:36 pm

EURGBPM30.png

dudest · Post by **dudest** » Sun Mar 22, 2015 8:24 pm

Piter80 » Sun Mar 22, 2015 10:16 pm wrote::hi:
no problem
hope I'm right.
What You think Dagu?

Well, maybe I'm biased coz the map confirms what my understanding of the levels is saying

But when I looked at the weekly, and saw the beginnings of an a-b-c there, it immediately clicked what CJ said in previous times about a pattern maturing across time-frames [ basically like fractals ( à la Mandelbrot ) ]

So I plan to get the best long entries I can and take it up counting the levels. If L3 coincides with the area just after 1.5300, I take it back down again, and re-enter long when the Weekly a-b-c is formed #Gameplan!

green_tfs.jpg

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dudest · Post by **dudest** » Sun Mar 22, 2015 8:39 pm

Once more our thoughts align

Been tracking the levels on EG as well. Took it long after the S/R re-test and got out after noticing the tv forming

I think push to L3 could take it up all the way to 0.7400

To avoid taking too many trades on too many pairs though, I think I'll opt for a few higher pip count ones

20150322_eurgbp_h4_levels.png

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dudest · Post by **dudest** » Sun Mar 22, 2015 9:25 pm

dudest » Fri Mar 20, 2015 2:39 pm wrote:I think EURAUD is setting up for a fall

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Change of tact on this one! That looks like a rising wedge (longs)
And if the looks of GBPNZD and GBPAUD are anything to go by, NZD and AUD may be poised for a drop

20150323_euraud_h4_rising_wedge_at_brn_longs.png

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mtl · Post by **mtl** » Sun Mar 22, 2015 11:23 pm

dudest » Sun Mar 22, 2015 9:24 pm wrote:
Piter80 » Sun Mar 22, 2015 10:16 pm wrote::hi:
no problem
hope I'm right.
What You think Dagu?
Well, maybe I'm biased coz the map confirms what my understanding of the levels is saying

But when I looked at the weekly, and saw the beginnings of an a-b-c there, it immediately clicked what CJ said in previous times about a pattern maturing across time-frames [ basically like fractals ( à la Mandelbrot ) ]

So I plan to get the best long entries I can and take it up counting the levels. If L3 coincides with the area just after 1.5300, I take it back down again, and re-enter long when the Weekly a-b-c is formed #Gameplan!

.

these are the most Mandelbrot fractals

everything is a fractal

Post by **botrak** » Sun Mar 22, 2015 11:43 pm

Piter80 » Thu Mar 19, 2015 6:31 pm wrote:that's how I see audnzd and nudzhed.

+3 pushes + 0.7600 bounce + looks like BARF at M15/30. Short?

nzdusd_h1_230315.jpg

Update: closed short at BE but still expect reversal at NY open

dudest · Post by **dudest** » Mon Mar 23, 2015 6:34 am

botrak » Mon Mar 23, 2015 2:43 am wrote:
Piter80 » Thu Mar 19, 2015 6:31 pm wrote:that's how I see audnzd and nudzhed.

+3 pushes + 0.7600 bounce + looks like BARF at M15/30. Short?

Update: closed short at BE but still expect reversal at NY open

Hi botrak,

Thought it would turn there as well (same for NZDJPY).

But often, on the path to L3, more trickery gets thrown in (like a sudden strong push that knocks out stops, only to pin up there and then turn around...)

Still think they're going to turn short, maybe during London or NY

Cheers

dudest · Post by **dudest** » Mon Mar 23, 2015 7:06 am

EURNZD H4

Won't be surprised to see this happen...

20150323_eurnzd_h4_anticipating_abc_longs.png

Initially thought it would go up straight from 1.4300 but that's the very purpose of a stop-hunt! (make price go in one direction with the intent of taking it the other side quickly and finally)

Let's see...

dudest · Post by **dudest** » Mon Mar 23, 2015 9:12 am

20150323_gbpaud_h1_messy_but_having_abc_on_m15.png

20150323_gbpaud_m15_abc_longs.png

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Wisznu · Post by **Wisznu** » Mon Mar 23, 2015 9:25 am

Seems like GU is ready to reverse.