The Captains Chest - Naked Trading & Other Stuff

BenSD · Post by **BenSD** » Tue Jul 14, 2015 8:00 am

Trap volume buying back moving average sell signal being on the MM side with possible short trade trapped.

websie · Post by **websie** » Tue Jul 14, 2015 8:24 am

drunka » Tue Jul 14, 2015 7:58 am wrote:
websie » 43 minutes ago wrote:GBPCAD - is this an ABC and stop hunt forming now? I sold this pair yesterday so I am thinking it will pop up to form an M on the higher TF and pins on the Day before dropping again. There again I am learning so probably completely off
Good to see people showing there ideas
On the H1 I see a spike with channel up, 2 pushes.
If it were the third push I would say we have a setup, in my eyes currently we are in the middle of something. For a reversal trade I would want it to be closer to the edge (way to much price action to the left at this price).

thanks Drunka, appreciate you showing me your thoughts and charts. makes sense

Post by **patmontes** » Tue Jul 14, 2015 8:32 am

mamabear » Tue Jul 14, 2015 6:26 am wrote:Does anyone trade the CJ method from PDT? I find this time zone a huge disadvantage because I couldn't stay up all night to watch the range expansion and reversal for optimal entries. I close all my positions before going to bed. London is just getting started. I wonder how many pips I left on the table

But still such a good show... so basically you are trading when price is on its way back to consolidation during asian time?

Occam · Post by **Occam** » Tue Jul 14, 2015 8:32 am

Couple of long entries in the pins, have exited a bit early already though as it was Frankie... EJ entry was due to the RRT and consolidation to left on H1, and EU was W with pins at level 2 and BRN...

20150714_1638 EJ M15 RRT Frankie.jpg

20150714_1639 EU M15 RRT Frankie.jpg

BenSD · Post by **BenSD** » Tue Jul 14, 2015 8:33 am

Captain Jack » Thu Mar 14, 2013 8:16 pm wrote:
Kruspe wrote:I took today one GU trade... I attach it here. Could you CJ (or anybody) pls comment it.
The only thing you are going to find on the 5M time frame is pain and suffering....stay on the 15M...

CJ

Lol i need to leave this 5min madness

Wisznu · Post by **Wisznu** » Tue Jul 14, 2015 8:40 am

Occam » Tue Jul 14, 2015 8:32 am wrote:Couple of long entries in the pins, have exited a bit early already though as it was Frankie... EJ entry was due to the RRT and consolidation to left on H1, and EU was W with pins at level 2 and BRN...

Very nice entry!

I'm waiting for this "c" also. I think Eur/Aud is printing H&S too.

Think that USD/CHF is finally on the way to go down hard.

Occam · Post by **Occam** » Tue Jul 14, 2015 8:56 am

Just on the EJ, here's the H1 chart and the chart from page 124 of CJ's PDF (my favourite chart from the whole PDF). Rather similar don't you think? I would have stayed in my earlier trade if it wasn't a Frankie entry. I thought it was going to make a W rather than a straight away move...but straight away moves happen more often at level 1. Let's see how it pans out...
[Edit: there is also the possibility of an ABC short at level 1, but it looks like the C may be too wide from A and not have the right symmetry by the time PA gets there]

Occam · Post by **Occam** » Tue Jul 14, 2015 9:04 am

Wisznu » Tue Jul 14, 2015 6:40 pm wrote:
Occam » Tue Jul 14, 2015 8:32 am wrote:Couple of long entries in the pins, have exited a bit early already though as it was Frankie... EJ entry was due to the RRT and consolidation to left on H1, and EU was W with pins at level 2 and BRN...

Very nice entry!
I'm waiting for this "c" also. I think Eur/Aud is printing H&S too.

Think that USD/CHF is finally on the way to go down hard.

IN THE PINS! Way to go Wiznu! You been watching that one for a while, now the reward. Good stuff!

Post by **drunka** » Tue Jul 14, 2015 9:10 am

Wisznu » 27 minutes ago wrote:
Occam » Tue Jul 14, 2015 8:32 am wrote:Couple of long entries in the pins, have exited a bit early already though as it was Frankie... EJ entry was due to the RRT and consolidation to left on H1, and EU was W with pins at level 2 and BRN...

Very nice entry!
I'm waiting for this "c" also. I think Eur/Aud is printing H&S too.

Think that USD/CHF is finally on the way to go down hard.

Nice, went in the same trade about 10 pips later. Any ideas for targets?
Just took 1/3 of my position as profit.

Wisznu · Post by **Wisznu** » Tue Jul 14, 2015 9:21 am

drunka » Tue Jul 14, 2015 9:10 am wrote:
Wisznu » 27 minutes ago wrote:
Occam » Tue Jul 14, 2015 8:32 am wrote:Couple of long entries in the pins, have exited a bit early already though as it was Frankie... EJ entry was due to the RRT and consolidation to left on H1, and EU was W with pins at level 2 and BRN...

Very nice entry!
I'm waiting for this "c" also. I think Eur/Aud is printing H&S too.

Think that USD/CHF is finally on the way to go down hard.

Nice, went in the same trade about 10 pips later. Any ideas for targets?
Just took 1/3 of my position as profit.

Hi! I just took profit few minutes ago, as I saw tv on M5. Pins on M30, so I decided to close it. Hope it wasn't too early. Waiting for another entry.