The Captains Chest - Naked Trading & Other Stuff

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 8:39 am

Jurij » Thu Nov 05, 2015 4:29 am wrote:EURGBP seems to be bottoming with pins (and GBP news soon)

My thoughts...

-CJ-

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 8:45 am

Jurij » Thu Nov 05, 2015 4:29 am wrote:EURGBP seems to be bottoming with pins (and GBP news soon)

There are options to short at the top of those RRT's....

-CJ-

Jurij · Post by **Jurij** » Thu Nov 05, 2015 8:59 am

Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-

Thank you! Still working on timing

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 9:06 am

Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing

You just took the bait...been there many times and you can even see it in some of the old live trades. If you can trade both ways, I would take the short above if they did just that. Look at the chart now...

Thanks for the trade idea! Took a few small live ones to illustrate the concept.

With all the GBP news this morning, have to be careful though...

-CJ-

Silweri · Post by **Silweri** » Thu Nov 05, 2015 9:21 am

Captain Jack » Thu Nov 05, 2015 11:06 am wrote:
Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing
You just took the bait...been there many times and you can even see it in some of the old live trades. If you can trade both ways, I would take the short above if they did just that. Look at the chart now...

Thanks for the trade idea! Took a few small live ones to illustrate the concept.

With all the GBP news this morning, have to be careful though...

-CJ-

I can't see what you see...

I see starting up run. max retrace to 0.70630 and up we go...

TP target at 0.72450

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 9:22 am

Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing

You need to have the bottoming structure as listed on that example... they step up the lows and trap short orders... it could play out through the UK session, then pull back in NY and set up for the Asian Hi/Lo reset and range...

-CJ-

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 9:27 am

Silweri » Thu Nov 05, 2015 5:21 am wrote:
Captain Jack » Thu Nov 05, 2015 11:06 am wrote:
Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing
You just took the bait...been there many times and you can even see it in some of the old live trades. If you can trade both ways, I would take the short above if they did just that. Look at the chart now...

Thanks for the trade idea! Took a few small live ones to illustrate the concept.

With all the GBP news this morning, have to be careful though...

-CJ-
I can't see what you see...

I see starting up run. max retrace to 0.70630 and up we go...

TP target at 0.72450

Best wishes for your trade

-CJ-

mtl · Post by **mtl** » Thu Nov 05, 2015 9:29 am

Captain Jack » Thu Nov 05, 2015 10:06 am wrote:
Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing
You just took the bait...been there many times and you can even see it in some of the old live trades. If you can trade both ways, I would take the short above if they did just that. Look at the chart now...

Thanks for the trade idea! Took a few small live ones to illustrate the concept.

With all the GBP news this morning, have to be careful though...

-CJ-

CJ, this is magic

Captain Jack · Post by **Captain Jack** » Thu Nov 05, 2015 9:31 am

mtl » Thu Nov 05, 2015 5:29 am wrote:
CJ, this is magic

According to the trolls at FF, it's all a scam! Hahaha, poor, broke souls that they are...

It's not magic, it's reading price action and knowing why they are doing what they do.. They follow the same patterns...all the time, and they try to cover them up, but they can't... it always prints on the chart

-Cj-

Silweri · Post by **Silweri** » Thu Nov 05, 2015 9:31 am

Captain Jack » Thu Nov 05, 2015 11:27 am wrote:
Silweri » Thu Nov 05, 2015 5:21 am wrote:
Captain Jack » Thu Nov 05, 2015 11:06 am wrote:
Jurij » Thu Nov 05, 2015 4:59 am wrote:
Captain Jack » Thu Nov 05, 2015 9:45 am wrote:
There are options to short at the top of those RRT's....

-CJ-
Thank you! Still working on timing
You just took the bait...been there many times and you can even see it in some of the old live trades. If you can trade both ways, I would take the short above if they did just that. Look at the chart now...

Thanks for the trade idea! Took a few small live ones to illustrate the concept.

With all the GBP news this morning, have to be careful though...

-CJ-
I can't see what you see...

I see starting up run. max retrace to 0.70630 and up we go...

TP target at 0.72450
Best wishes for your trade

-CJ-

Thank you CJ, but I'm not in a trade on EURGPB. Just sharing what I think I see. Still using my volume reading technique. It's not so easy to give up old habits

I'm watching, reading and learning here.

Best wishes for your trade sir!