The Captains Chest - Naked Trading & Other Stuff

dudest · Post by **dudest** » Wed Dec 17, 2014 9:08 pm

Closed out XAUUSD shorts & USDNOK shorts when the push-pull due to their common USD became apparent an hour after the 'news'. Booked the profit

Also closed GBPCHF at small profit around the same time when it wasn't showing that 'get-up-and-go'

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Opened USD shorts (I know, crazy). USDJPY and USDDKK. Both got to retrace places I'd marked earlier for shorting. Let's see how those go

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Cheers

dudest · Post by **dudest** » Wed Dec 17, 2014 9:11 pm

dudest » Thu Dec 18, 2014 12:08 am wrote:Closed out XAUUSD shorts & USDNOK shorts when the push-pull due to their common USD became apparent an hour after the 'news'. Booked the profit

Also closed GBPCHF at small profit around the same time when it wasn't showing that 'get-up-and-go'

==

Opened USD shorts (I know, crazy). USDJPY and USDDKK. Both got to retrace places I'd marked earlier for shorting. Let's see how those go

==

Cheers

20141217_usddkk_h4_73.6_lower_channel_short.png

20141217_usdjpy_h4_73.6_shorts.png

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Post by **Reaper** » Wed Dec 17, 2014 10:05 pm

I know what happened with EU. I had a feeling early on it would happen but I dismissed it coz I couldn't make out the pattern. It's not 3 moves down, 3 moves up. It's 3 moves down --> reversal pattern --> 3 moves up. There are a few types of reversal patterns, the one we just had can be made up of 3 levels for the left leg - these are not to be confused with moves and a straight down move for the right leg.

3MOVESDOWN-REVERSAL-3MOVESUP.png

Piter80 · Post by **Piter80** » Thu Dec 18, 2014 5:26 am

Hi Guys

NZDUSD

Piter80 · Post by **Piter80** » Thu Dec 18, 2014 5:28 am

Hi Guys

NZDUSD

NZDUSDH1.png

USDJPY

USDJPYDaily.png

Piter80 · Post by **Piter80** » Thu Dec 18, 2014 5:44 am

My biggest problem is finishing the trades.I hold most of my trades too long.When you Guys know when finish the trades?This is annoying.Most trades start perfect,but after hold too long,or too short.

blazej · Post by **blazej** » Thu Dec 18, 2014 5:48 am

Hi all,

AudCad - trapping volume on h4, three pushes on h1 plus stop hunt before london open in both directions.

blazej · Post by **blazej** » Thu Dec 18, 2014 5:52 am

AudChf - bullish wedge on m30 in significant area on weekly chart

blazej · Post by **blazej** » Thu Dec 18, 2014 6:01 am

EurAud - bearish wedge and nice pin on daily

blazej · Post by **blazej** » Thu Dec 18, 2014 6:07 am

EurGbp - a lot of pips in the bag here - symmetrical triangle, don't know where the price is likely to go (most probably up), but when it does...