The Captains Chest - Naked Trading & Other Stuff

Post by **matt_32** » Tue Nov 10, 2015 10:25 am

fahedksa » 10 Nov 2015 12:04 wrote:Ny View
EURGBP
4H Level 3-Push 2 down
1H L2 Down
Sell

Be careful with that one. I see an ABC forming on Weekly.
I for one am biased Long

Matt

Post by **ZumZum** » Tue Nov 10, 2015 10:27 am

sponn » Tue Nov 10, 2015 12:07 pm wrote:Any thoughts about eurgbp ? It is retracement on level 1 uptrend or what ?

I think your lvl 3 is stop hunt, but I'm no expert.

sponn · Post by **sponn** » Tue Nov 10, 2015 10:37 am

That is the biggest problem with this... everybofy has got a different view on this.. EG 4H charts loosk simple but we stil don;t know where are we now.. SH between level 2 and 3 on downtrend, or level 1 in the uptrend...

Love this

Post by **ZumZum** » Tue Nov 10, 2015 10:40 am

sponn » Tue Nov 10, 2015 12:37 pm wrote:That is the biggest problem with this... everybofy has got a different view on this.. EG 4H charts loosk simple but we stil don;t know where are we now.. SH between level 2 and 3 on downtrend, or level 1 in the uptrend...

Love this

Dude, solution is very simple - don't trade this pair and wait till you see clear picture

sponn · Post by **sponn** » Tue Nov 10, 2015 11:12 am

ZumZum » Tue Nov 10, 2015 12:40 pm wrote:
sponn » Tue Nov 10, 2015 12:37 pm wrote:That is the biggest problem with this... everybofy has got a different view on this.. EG 4H charts loosk simple but we stil don;t know where are we now.. SH between level 2 and 3 on downtrend, or level 1 in the uptrend...

Love this
Dude, solution is very simple - don't trade this pair and wait till you see clear picture

Of course Zumzum you have got right. But this looks like simple structure.. But even then we have got different thoughts...

BTW. Really nice trades on EJ. Love tchem. But don't you think that those charts (EJ) looks much more complicated than EGBP ?

Post by **fahedksa** » Tue Nov 10, 2015 11:31 am

My View AUDUSD
4H level 2 Push 3 Down
1H Level 3 Down

Please advice me if am wrong

Post by **ZumZum** » Tue Nov 10, 2015 11:37 am

sponn » Tue Nov 10, 2015 1:12 pm wrote:
ZumZum » Tue Nov 10, 2015 12:40 pm wrote:
sponn » Tue Nov 10, 2015 12:37 pm wrote:That is the biggest problem with this... everybofy has got a different view on this.. EG 4H charts loosk simple but we stil don;t know where are we now.. SH between level 2 and 3 on downtrend, or level 1 in the uptrend...

Love this
Dude, solution is very simple - don't trade this pair and wait till you see clear picture

Of course Zumzum you have got right. But this looks like simple structure.. But even then we have got different thoughts...

BTW. Really nice trades on EJ. Love tchem. But don't you think that those charts (EJ) looks much more complicated than EGBP ?

Because it's more like an art, rather than strict pack of rules. You have to evaluate situation all the time and enter only when odds are in your favor. This way when you're wrong you lose small amount, but if you're right, it covers everything. At least this is my idea and I'm not advocating it.
As for EJ there were 3 pushes up to the top of the consolidation zone, RRT on H4, pins on H1, M on M15 = odds are in my favor, so I enter.

:hi:

Post by **ZumZum** » Tue Nov 10, 2015 11:53 am

fahedksa » Tue Nov 10, 2015 1:31 pm wrote:My View AUDUSD
4H level 2 Push 3 Down
1H Level 3 Down

Please advice me if am wrong

Looks good to me, 2 pushes down, expect for SH and 3rd push. But then again, I'm no expert.

Jurij · Post by **Jurij** » Tue Nov 10, 2015 1:47 pm

Jurij » Tue Nov 10, 2015 11:24 am wrote:
Yes I would agree. Maybe a long on a retracement to peak low after some pins (or W) as confirmation on m15...

eg 15m pinning.png

LoneWolf · Post by **LoneWolf** » Tue Nov 10, 2015 6:10 pm

Ive bought EURUSD, low of the day with W formation

Maybe its the start of the uptrend for the week.

eurusd.jpg

eurusd2.jpg

What im thinking about now?

eurusd3.jpg

tick.jpg

hmm fishy very fishy

combo.jpg