The Captains Chest - Naked Trading & Other Stuff

[seanyd]

I am thinking this is very close

Screenshot (7).png

[Direwolf]

Just noticed my AUD/USD hit TP last night for massive R hehehe. Was too focused looking for M/W

2015-01-08_0823.png

CAD/CHF out at BE. A good thing I guess as I think the price will go higher instead...?

2015-01-08_0826.png

[blazej]

Hi,

GbpCad - looking for a long here, it looks like rounding bottom. XagEur, XagUsd both present the same pattern, also long bias here.

P.S. How do You search for patterns on lower timeframes Daggerfall? Could You please post example of pattern on h4 and then the same patterns from lower time frame? I would like to see this. Your EurAud prediction was spot on. And quite different from mine.

Greetings.

Błażej

[Dagu]

Watching EURAUD

Fox was not very active on that pair today...

My EURAUD
Lets se am I right



PS I will move my SL and TP when they reach TOP
I will knew when it happend : )
I wana leave that trade, see you again in the evening guys ; )

Hello today ; ) Its nice to wake up and earn some good money ; D
OFC they didint hit all of my limit/pedning orders Still i think there will be a smal retrace to the north than a big jump to south : ) I wana stack this pair to the hell : D

Here how it's looks today : )

Screenshot_3.jpg

OK its tme to find another one ; P Just one perfekt pattern ; )

PS Just found one for today, lets se am I right ; )

Screenshot_4.jpg

[dudest]

Awesome ABC Dudest! Any tips how to better look for them?

Hey DW,

Looks like a head-and-shoulders when you draw the S/R

I refer a lot to the CJ pics when I think I've spotted one...

They actually show up quite a bit, on all timeframes.

Cheers

[dudest]

CAD/JPY, some real nice opportunity to buy at 1.00! Why oh why did I have to be busy all day?


Look at the daily chart you'll see how nice this level is!

I also missed the VBRN 100.00 !

My S/R has always been at 99.50 where I thought price would get to

Good spot

Cheers

[dudest]

Just noticed my AUD/USD hit TP last night for massive R hehehe. Was too focused looking for M/W
...

Nice trade!

[dudest]

Hello today ; ) Its nice to wake up and earn some good money ; D
OFC they didint hit all of my limit/pedning orders Still i think there will be a smal retrace to the north than a big jump to south : ) I wana stack this pair to the hell : D

Here how it's looks today : )


OK its tme to find another one ; P Just one perfekt pattern ; )

PS Just found one for today, lets se am I right ; )

Good stuff

Care to show lower TF source pattern?

Cheers

[Jurij]

Hi,

there is a foxy pattern that repeats everywhere on all time frames, I call it the Retrace Double Stop Hunt (RDSH) pattern, could be also an harmonic pattern under a different name or known elsewhere...

The pattern:
After a push/leg the price retraces and fails to retest the recent swing high/low. This is an usual retracement (maybe with a fibo ratio like .618 too).
During the retracement new traders come on board thinking it will retest the previous swing point, but market stops them out as soon as a new low/high is created.
When this new low/high is created new traders (breakout, ABCD, etc...) enter the market in expectation to see the market continue in the direction. But here the market reverses again and moves to the previous retracement's high/low to stop all new traders out. Foxy would say "hit them low, hit them high "

Here some charts to explain it visually:

RDSH.png

RDSH2.png

RDSH3.png

RDSH4.png

RDSH5.png

Not sure how to trade this, a possible entry is after the first stop hunt in expectation for the second one to previous high/low of the retracement.
Note: careful in trending market conditions

I hope you find this useful

[dudest]

20150108_xauusd_d1_tv_in_progress.png

20150108_xagusd_d1_a-b-c_maybe_finalizing.png

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