The Captains Chest - Naked Trading & Other Stuff

[sympathy]

i decided to use small lot today but still desame bagging. i don't know what else to say to you guys here. THANKS ALL :hi: :hi: . CJ YOU ARE THE MAN :hi: :hi: :hi: :hi:
Hey dudest thanks for your encouragement, i have seen the light now and its so easy . thank you all

[dudest]

Super evil gap up on GBP pairs in the first 15mins of Asia open!, over 150 pips on GAUD, GBNZD, GUSD, GJPY, GCAD

Was short GAUD (thankfully using relatively smaller lots). Adding to those shorts now + new shorts on GJPY

[go4pips]

EURNZDH4.png

Hello Dudest, do I dear to enter or even think about it after yesterday burn to the ground with EUR/NZD 4 H abc
E.

[sympathy]

Super evil gap up on GBP pairs in the first 15mins of Asia open!, over 150 pips on GAUD, GBNZD, GUSD, GJPY, GCAD

Was short GAUD (thankfully using relatively smaller lots). Adding to those shorts now + new shorts on GJPY

dudest thanks for your post. it makes sense to me. i posted today's results on last page.

[dudest]

i decided to use small lot today but still desame bagging. i don't know what else to say to you guys here. THANKS ALL :hi: :hi: . CJ YOU ARE THE MAN :hi: :hi: :hi: :hi:
Hey dudest thanks for your encouragement, i have seen the light now and its so easy . thank you all

Totally dope! Hats off to you :hi: !

[sympathy]

i decided to use small lot today but still desame bagging. i don't know what else to say to you guys here. THANKS ALL :hi: :hi: . CJ YOU ARE THE MAN :hi: :hi: :hi: :hi:
Hey dudest thanks for your encouragement, i have seen the light now and its so easy . thank you all

Totally dope! Hats off to you :hi: !

Thanks dudest, i read all your attachments over 60pages and things are beginning to change faster :hi:

[peranders]

I mostly just read here and in HGI-thread. Busy enough with trading and still working my day job.
So I post few comments, I combine naked trading (long term) and HGI (intraday sort of scalps).

But I think you where correct all along dudest, concerning your recent take on the NZD crosses and their changing direction.

GBP/NZD looks to be BARFing on 4h.
It is around 2.07 at the time of writing, which is also the 61.8 Fib from candle extending to 200 MA to low in April.

My take:
Exit election poll which made it jump to that level was too close to be hung results, so they will call it a statistical deviation and the end result I bet will be a grexit like drama. Hence the BARF-pattern.

Related cross:
EUR/NZD has formed H & S on 1h and 4h.

On the major NZD/USD there was a end of month gap on 4h that will be filled a.s.a.p which also adds to the equation.

Edit: sorry guys was really tired so I looked at wrong chart to see how I drew my Fibs.
The Fib for the EUR is the high touching 200 MA on weekly.
The Fib for GBP/NZD has its high from march 2011 on monthly and to the LL.

The GBP/NZD is still around 61.8 though, look at daily, W turning into a M, just like preceding M turned in to this W.

Edit 2.
GBP/NZD. The move up was due to the election result. But I was wrong about it not leading to a majority and then reversing due to that. It BARFs because of horrible data, worse than -10 bn trade balance.

[dudest]

Hello Dudest, do I dear to enter or even think about it after yesterday burn to the ground with EUR/NZD 4 H abc
E.

Looks good to me; it's at 61.8 as well. I'm in :hi:

[sympathy]

CJs thread is a textbook, when you read it over and over you will understand what he is trying to explain :hi: :hi: . they always move price to a common ground. . think about that statement

[sympathy]

Thanks Dudest :hi: