The Captains Chest - Naked Trading & Other Stuff

Post by **szfxtrader** » Tue Jun 30, 2015 12:35 am

sympathy » Mon Jun 29, 2015 6:41 pm wrote:
szfxtrader » Mon Jun 29, 2015 7:22 pm wrote:
sympathy » Mon Jun 29, 2015 5:43 pm wrote:
patmontes » Mon Jun 29, 2015 6:24 pm wrote:So what happens after the eurusd gap is closed?
Here is what happened.... one full level up as expected.
I was thinking that the EURUSD was heading down, level 2, after read your post, I am a little bit confused, is it heading up again? Thanks in advance for your reply!
EU was supposed to retrace up last week but there was a strong resistance that held it. so that gap came today and changed the setup. tomorrow am expecting price to retrace the top a little bit and move down. lets see what happen after accumulation tomorrow. if price extends to the top, we wait for M pattern and take it down.

Remember. if that top dosnt hold, it means two more levels ahead of us. just my taught guys.

Thank you

Post by **drunka** » Tue Jun 30, 2015 10:40 am

Head and Shoulder on retrace forming?

Post by **sympathy** » Tue Jun 30, 2015 11:51 am

Post by **sympathy** » Tue Jun 30, 2015 12:16 pm

This got me thinking today. I don't really know what happened to some pairs. I was expecting two more pushes up but things are just slow and mr fox is not doing anything about it. maybe CJ will explain more about gaps.

Post by **sympathy** » Tue Jun 30, 2015 12:17 pm

klaatu · Post by **klaatu** » Tue Jun 30, 2015 12:37 pm

Hy sympathy,

how many pairs do you trade?
On which TF do you trade?

Great charts and thanks for sharing :hi:

Post by **sympathy** » Tue Jun 30, 2015 12:43 pm

i took this trade because of the ABC pattern nature. its a kind of rough ahead but I will take what is given.

Post by **sympathy** » Tue Jun 30, 2015 12:45 pm

klaatu » Tue Jun 30, 2015 1:37 pm wrote:Hy sympathy,

how many pairs do you trade?
On which TF do you trade?

Great charts and thanks for sharing :hi:

hey klaatu, I trade any pair that gives me a nice pattern. I watch up to 20 pairs a day. my timeframe is 4hr/1hr.

Post by **patmontes** » Tue Jun 30, 2015 1:25 pm

Looks like EU 1H is now going to M pattern?

Post by **szfxtrader** » Tue Jun 30, 2015 1:41 pm

patmontes » Tue Jun 30, 2015 1:25 pm wrote:Looks like EU 1H is now going to M pattern?

It has a M, will it go to yesterday's low? : )