The Captains Chest - Naked Trading & Other Stuff

Post by **ZumZum** » Tue Apr 14, 2015 11:51 am

One more chart if you allow

GBPAUDDaily.png

1. Overall trend is UP
2. Off the trend line + 73.6 fib retrace.

Am planning to hold the positions up till 1.9585.

Cheers,
Arthur

dudest · Post by **dudest** » Tue Apr 14, 2015 12:39 pm

ZumZum » Tue Apr 14, 2015 2:18 pm wrote:
Hey Dudest and team,

I'm a long time lurker here and think it's time to involve into discussions as a next step in my learning curve. Any opinion and criticism are welcome.

My view on Gold is bearish and I'll try to explain why:
1. A nice pin bar off 1225 level, which appears to be 50% fib retrace level of the whole cycle down.
2. The trend is down and I see Leg2 of a current cycle.
3. 1179 nearest level where I'm expecting a rebound. In case we break it a continuation to 1154 area.
4. And from the fundamental point of view, US$ is still very strong.

I'm not trying to understate anyone's abilities or skills, my only intention is to learn. If it bothers anyone just let me know and I'll stop

Cheers,
Arthur

Hi Arthur,

Nice call :hi:

No need to worry about stepping on anyone's toes; go ahead and post up your trading ideas boldly.

We are fellows in the same ship here, all trying to make an extra buck

Cheers

Post by **ZumZum** » Tue Apr 14, 2015 10:17 pm

Hey chaps,

A trade to consider

:

GBPNZDDaily.png

On D1 W formation on a nice level at 1.9362

GBPNZDH4.png

ABC on H4, so I'm in.

Cheers,
Arthur

Wisznu · Post by **Wisznu** » Tue Apr 14, 2015 11:15 pm

USD/CAD H4

Looks like C at 76.4 to me

Post by **ZumZum** » Wed Apr 15, 2015 7:23 am

GBPJPY

GBPJPYDaily.png

On D1 nice pin bar off 175.70 resistance.
61.8 Fib retrace of upward move.

GBPJPYH4.png

On H4 AB and possible C

:

Cheers,
Arthur

Post by **sympathy** » Wed Apr 15, 2015 9:19 am

Its good to generate pips like this

Post by **sympathy** » Wed Apr 15, 2015 9:49 am

COOL MOVES TODAY. HOPE YOU GUYS RACK DIS :hi: :hi:

bodring · Post by **bodring** » Wed Apr 15, 2015 10:09 am

Great trades, Sympaty. Could you explain more about your entries? Thanks in advance.

Post by **ZumZum** » Wed Apr 15, 2015 11:58 am

On watch list:

AUDCADDaily.png

If closes with a pin bar definitely gonna search for entry points on smaller TF's.

AUDCADH4.png

ABC looks very possible.

Cheers,
Arthur

go4pips · Post by **go4pips** » Wed Apr 15, 2015 4:23 pm

Hello, today I am watching the price how to react to the news which happened almost every 30 - 50 min. all hours and more to come, no way I can enter in any trade, I guess the more experience traders they make a killing day like this, I will wait and try to trade the quiet retrace.
Is that something others do as well or I am the chicken

: here.
E.