The Captains Chest - Naked Trading & Other Stuff

Jurij · Post by **Jurij** » Wed Mar 11, 2015 12:08 pm

USDCAD
I'm already short from the 1H M pins, but 15M could form a-b-c pattern before going down...

usdcad 4H.png

usdcad 1H M pins cycle.png

USDCAD 15M head fake.png

blazej · Post by **blazej** » Wed Mar 11, 2015 1:50 pm

Possible high R:R trade. But i will wait for cheaper price and confirmation.

dudest · Post by **dudest** » Wed Mar 11, 2015 9:36 pm

dudest » Wed Mar 11, 2015 11:06 am wrote:
Closed out GBPNZD shorts, realized I was wrong and pushing it

...

...more like I was 13hrs too early to the party... [ that last H4 bar alone is over 300 pips ]

20150312_gbpnzd_h4_shorts....eventually.png

Been having a few of those (earlies) lately...more than I'd like (been early is sometimes as bad as being wrong)

Think I'll take some time off for my mind to reset...

Post by **Dagu** » Thu Mar 12, 2015 7:59 am

Screenshot_2.jpg

Screenshot_3.jpg

Screenshot_4.jpg

go4pips · Post by **go4pips** » Thu Mar 12, 2015 11:51 am

Good morning,

EURGBPMonthly.png

please any pro can advise, I am waiting price hit 23.6 fib and retrace then take the trade
thank you
E.

go4pips · Post by **go4pips** » Thu Mar 12, 2015 12:18 pm

EURGBPH4.png

sorry, this is what i meant
E.

blazej · Post by **blazej** » Thu Mar 12, 2015 12:26 pm

Hi Eva,

if You would like to trade CJ style You should already be in this trade. You should have anticipate the second leg of W and enter while rr tracks were forming. In my trade from XAUUSD yesterday I anticipated W, entered on second leg and took profit when price came back to range. Low entry, low risk trades with huge potential while stacked properly. But I'm not a pro, still learning. Maybe someone else will answer Your question.

blazej · Post by **blazej** » Thu Mar 12, 2015 1:29 pm

Entered on second leg forming, with tight stop. Took profit on lower boundary, but the pattern fully materialised itself. I set take profit before going sleep.

blazej · Post by **blazej** » Thu Mar 12, 2015 1:42 pm

Pattern similarity - only that. Waiting for confirmation then enter.

Post by **botrak** » Thu Mar 12, 2015 1:43 pm

Looks like C is forming at H4/Daily + 61.8 fib +pins. And A-B-C at M15/M30. Whats your opinion on this trade?

nzdjpy_h4_120315.jpg

nzdjpy_m15_120315.jpg