The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Fri Nov 20, 2015 5:39 pm

FXe3 » Fri Nov 20, 2015 6:09 pm wrote:NU has been playing nice on the 15min. Watched it run up 50pips last night in early Asia to stop out NY session shorts. It's hard for me to play entries on the shorter term charts overnight that I can't monitor.

Just take them all

Post by **sympathy** » Fri Nov 20, 2015 5:44 pm

Ok guys hope those chart helps.......Happy weekend

InfiniteLoop · Post by **InfiniteLoop** » Fri Nov 20, 2015 6:02 pm

EURUSD 18:00 GMT

very nice setup, after 3 x 3 moves down ending in the same spot

sponn · Post by **sponn** » Fri Nov 20, 2015 6:10 pm

I don't think so... It is SH so it could but only COULD look like this on Monday

InfiniteLoop · Post by **InfiniteLoop** » Fri Nov 20, 2015 6:23 pm

sponn » Fri Nov 20, 2015 6:10 pm wrote:I don't think so... It is SH so it could but only COULD look like this on Monday

right now it's around important level 1.0650, the lowest it could go is 1.0625, that's it
and the volume says there's buying going on since the bottom at 17:25 GMT

patience, this is bottom of 3 cycles, and we are at level 1 of mayor cycle going up so price won go much lower

EDIT: there's also support level at 1.0640

sponn · Post by **sponn** » Fri Nov 20, 2015 6:28 pm

InfiniteLoop » Fri Nov 20, 2015 8:23 pm wrote:
sponn » Fri Nov 20, 2015 6:10 pm wrote:I don't think so... It is SH so it could but only COULD look like this on Monday
right now it's around important level 1.0650, the lowest it could go is 1.0625, that's it
and the volume says there's buying going on since the bottom at 17:25 GMT

patience, this is bottom of 3 cycles, and we are at level 1 of mayor cycle going up so price won go much lower

Of course you have right. THey can go to 1.625, they can stop @ 1.63, whatever.. but I believe that NOW we have got not a level 3 but stophunt in the middle of level 2 and 3. Anyway it could be a level 3 as well... Hard to say for me but I'm not sympathy or CJ

sponn · Post by **sponn** » Fri Nov 20, 2015 6:32 pm

Now it looks like this level is holding up.. so it could be level 3.

InfiniteLoop · Post by **InfiniteLoop** » Fri Nov 20, 2015 6:33 pm

I agree about a Stop Hunt, but it's finished

they might push, it down a little on monday, but not much, the levels created by them are there to act as a support

InfiniteLoop · Post by **InfiniteLoop** » Fri Nov 20, 2015 6:36 pm

sponn » Fri Nov 20, 2015 6:32 pm wrote:Now it looks like this level is holding up.. so it could be level 3.

as I wrote you were right about a small stop hunt, but look at level at 1.0640 and you will understand why price won't go down, if anything they might spike it a little to take people out of SL

Post by **xrismak** » Fri Nov 20, 2015 8:45 pm

Hello Pips,

I haven't Traded Live for a While because I Have been doing a Little Bit of Research on Another Currency Pair anyway this Is What I found out so far on this Pair....

EUR-NZD M15 20-11-15.jpg

And Then take a Closer look, Any Comments are Welcome...

EUR-NZD H4 20-11-15.jpg

Now I Will Add Eur-GBP to my Analysis too, although I haven't Studied the Pair for Long Enough but I think I can just About Figure it out...

EUR-GBP H4 20-11-15.jpg

and if my Hunch is Right the Fox will do Something Close to this Next week...

EUR-GBP M15 20-11-15.jpg

Happy Trading Y'all,

xrismak