The Captains Chest - Naked Trading & Other Stuff

Direwolf · Post by **Direwolf** » Sat Dec 06, 2014 5:01 am

Wow Dudest you even find me the link o_O Many thanks my old friend! No, you are my mentor now. Thank you master!

Give me your address now I'll order you a barrel of beer!

Direwolf · Post by **Direwolf** » Sat Dec 06, 2014 11:30 am

Would love to hear your thought if I am looking at this right.

GBP/NZD H4.Price seemed to follow this pattern:
BARF from trend-line, M on top, broke lower, retest BARF, fall to lower channel, w, up to top of channel again.
So possible entries are: short when price retest BARF, and even better wait to buy W at the bottom for more room to move up. Higher time frame channel suggest this pair can still move up 300 more pips.

Post by **Reaper** » Sat Dec 06, 2014 12:54 pm

reposted below.

Post by **Reaper** » Sat Dec 06, 2014 12:59 pm

dudest » Thu Dec 04, 2014 3:52 pm wrote:
dudest » Wed Dec 03, 2014 10:46 pm wrote:
OK, coz next leg is beginning, I'll post what it reminds me of [ incase someone would like to jump in as well ]

PS: screenshots below were taken a few hours ago

.
After alot of deception & shenanigans, it's finally gotten a move-on

Had to bank positions opened much lower down to buffer up margin [ due to a bit of EUR,CHF/JPY DD ]

Let's see

.

My count is this:

nzdusd4h-6-12-2014.png

Post by **Reaper** » Sat Dec 06, 2014 1:07 pm

[quote="dudest » Thu Dec 04, 2014 8:43 pm"][/quote]

I like this one, good find buddy. We might have another chance to get in for late comers:

gbpchf4h-6-12-2014.png

Post by **Reaper** » Sat Dec 06, 2014 1:11 pm

Possible GBPCAD Scenario:

gbpcad4h-06-12-2014.png

Post by **Reaper** » Sat Dec 06, 2014 2:15 pm

Possible EURGBP Scenario:

eurgbp2h-06-12-2014.png

dudest · Post by **dudest** » Sat Dec 06, 2014 6:05 pm

Direwolf » Sat Dec 06, 2014 8:01 am wrote:Wow Dudest you even find me the link o_O Many thanks my old friend! No, you are my mentor now. Thank you master!

Give me your address now I'll order you a barrel of beer!

I'm just on the road just like you old friend, let's make lots of dosh together!

PS: wouldn't mind you sending over that barrel though...

dudest · Post by **dudest** » Sat Dec 06, 2014 6:51 pm

Direwolf » Sat Dec 06, 2014 2:30 pm wrote:Would love to hear your thought if I am looking at this right.

GBP/NZD H4.Price seemed to follow this pattern:
BARF from trend-line, M on top, broke lower, retest BARF, fall to lower channel, w, up to top of channel again.
So possible entries are: short when price retest BARF, and even better wait to buy W at the bottom for more room to move up. Higher time frame channel suggest this pair can still move up 300 more pips.

Hi DW,

Took a crack at a short late Friday due to inability of price to go past L3 high

20141206_gbpnzd_h4_levels_shorts.png

20141206_gbpnzd_h4_levels_shorts_2.png

.

hamburglar · Post by **hamburglar** » Sat Dec 06, 2014 8:05 pm

Hey guys,
Looks like we think alike....short GBPNZD at 2.0270. We shall see.

Jim