The Captains Chest - Naked Trading & Other Stuff

dudest · Post by **dudest** » Tue Dec 16, 2014 12:45 pm

dudest » Tue Dec 16, 2014 1:14 am wrote:XAUUSD D1:

If price moves in the general direction of the arrows, feel free to ask what this was about

If it doesn't, assume this post never happened

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#SUCCESS

dudest · Post by **dudest** » Tue Dec 16, 2014 12:46 pm

dudest » Tue Dec 16, 2014 1:48 am wrote:
Angat » Mon Dec 15, 2014 11:08 pm wrote:I've been waiting on the NZDUSD move 3 up all frickin day...I have feeling it will happen between now and tomorrow morning, but I'm pretty fed up watching it.
Accumulating for next move up perhaps..?

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#SUCCESS

dudest · Post by **dudest** » Tue Dec 16, 2014 1:16 pm

dudest » Tue Dec 16, 2014 12:33 am wrote:
Hi Tommiho

I see:
- BARF-like formations
- Distorted volume traps
- A certain head-and-shoulder-like pattern that happens at S/Rs that's essentially a stop-hunt ( a 'head-fake' )

The couple of times I've noticed it, that head-fake appears as an RRT or a pinbar.
At L3, it's a super sign that price is about to turn
And depending on the time-frame, the 3 points/areas a, b and c can be the extreme points of a BARF (showing exhaustion) [ e.g a=H, b=HH, c=LH ]

Still trying to tie it all together though...

<pattern images>

CJ:

The patterns are the same.... it's not pattern matching, it's pattern recognition.

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dudest · Post by **dudest** » Tue Dec 16, 2014 1:20 pm

USDTRY H1: BARF anyone?

20141216_usdtry_h1_barf.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 1:32 pm

NZDJPY H4:

20141216_nzdjpy_h4_levels.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 1:41 pm

CHFJPY H4:

20141216_chfjpy_h4_levels.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 1:50 pm

XAUUSD thoughts:

20141216_xauusd_d1_thoughts_direction_intent.png

20141216_xauusd_d1_thoughts_direction_intent_phase1.png

20141216_xauusd_d1_thoughts_direction_intent_phase1_h4_view.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 1:52 pm

XAUUSD thoughts...

20141216_xauusd_d1_thoughts_direction_intent.png

20141216_xauusd_d1_thoughts_direction_intent_phase1.png

20141216_xauusd_d1_thoughts_direction_intent_phase1_h4_view.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 2:10 pm

mtl » Tue Dec 16, 2014 1:00 am wrote:guys is not that a similar pattern to the No. 2 - distribution?

Sorry mtl, wasn't sure about what part of your chart you were referring to...

Bummer also about that great SELL that got stop-hunted and stopped out, how crazy is that!?

You didn't want to re-enter when you saw the long wick form after the stop-out? [ that's what I'd have done, and put in DOUBLE the number of lots I used the first time --> THAT now is proper revenge-trading!, make 'em pay!

]

Cheers

mtl_dax_2014-12-15 22-54-06-307.png

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dudest · Post by **dudest** » Tue Dec 16, 2014 2:23 pm

tommiho » Tue Dec 16, 2014 2:34 pm wrote:
seanyd » Tue Dec 16, 2014 12:57 pm wrote:Same as UJ a week ago only different ?

Made the same mistakes too
I don't know Sean, this thing looks like it can go up forever. The oil prices going down. Cad weakening, $ strengthening.

seanyd » Tue Dec 16, 2014 3:03 pm wrote:Wouldn`t be the 1st time I was wrong ,

In at 11650 with 15 pip Stop ,

So see what happens

I'm afraid I'm with Tommiho on this one Sean :/

I think it could go up all the way to 1.1800 to form a HH there before the run down...

It's moved down from 1.1650 though, hope you didn't get stopped out by the spiky candles. Hope it moves down alot more for you

Cheers