The Captains Chest - Naked Trading & Other Stuff

Post by **fahedksa** » Tue Nov 24, 2015 4:44 pm

sympathy » Tue Nov 24, 2015 7:40 pm wrote: yes but the previous low didn't hold price again. the pair is in in a serious downtrend so we have to be careful because Fox will be adding more levels.

Thank you Sympathy for your help

Post by **fahedksa** » Tue Nov 24, 2015 4:54 pm

sympathy » Tue Nov 24, 2015 7:40 pm wrote: yes but the previous low didn't hold price again. the pair is in in a serious downtrend so we have to be careful because Fox will be adding more levels.

Just one more question regarding GBPJPY:
After 3 levels down like what we have in GBPJPY-15M and price went down .I understand that we wait to W form below Asian range to give as a sign to go long but your entry was short after the large candle break down Asian range ,Can you please explain these to me? Because many bad trades i have related to these .
Thank you again

Post by **sympathy** » Tue Nov 24, 2015 6:56 pm

fahedksa » Tue Nov 24, 2015 5:54 pm wrote:
sympathy » Tue Nov 24, 2015 7:40 pm wrote: yes but the previous low didn't hold price again. the pair is in in a serious downtrend so we have to be careful because Fox will be adding more levels.
Just one more question regarding GBPJPY:
After 3 levels down like what we have in GBPJPY-15M and price went down .I understand that we wait to W form below Asian range to give as a sign to go long but your entry was short after the large candle break down Asian range ,Can you please explain these to me? Because many bad trades i have related to these .
Thank you again

sorry for late reply. i was late on that pair that was my entry was bellow the asian range. i took it when price broke-out of the range ok. its another strategy

if you are looking for W/M pattern, you will normally see them in level1 and level 3.

Post by **sympathy** » Tue Nov 24, 2015 6:58 pm

Scalping the M pattern

Post by **sympathy** » Tue Nov 24, 2015 7:03 pm

Tired of this pair.No good setup...

Post by **fahedksa** » Tue Nov 24, 2015 8:29 pm

sympathy » Tue Nov 24, 2015 9:56 pm wrote:
fahedksa » Tue Nov 24, 2015 5:54 pm wrote:
sympathy » Tue Nov 24, 2015 7:40 pm wrote: yes but the previous low didn't hold price again. the pair is in in a serious downtrend so we have to be careful because Fox will be adding more levels.
Just one more question regarding GBPJPY:
After 3 levels down like what we have in GBPJPY-15M and price went down .I understand that we wait to W form below Asian range to give as a sign to go long but your entry was short after the large candle break down Asian range ,Can you please explain these to me? Because many bad trades i have related to these .
Thank you again
sorry for late reply. i was late on that pair that was my entry was bellow the asian range. i took it when price broke-out of the range ok. its another strategy if you are looking for W/M pattern, you will normally see them in level1 and level 3.

Thank you for your reply.

Post by **gigikitajaya** » Wed Nov 25, 2015 12:42 am

hi, everyone here..
just doing some analysis on EURAUD H4. In my opinion EurAud is in level 3 and wait M or W pattern occurs soon. I need advice and correction from senior members here. thank you..

Post by **sympathy** » Wed Nov 25, 2015 10:57 am

This is the money making pattern

Post by **michosz** » Wed Nov 25, 2015 11:08 am

pipseee · Post by **pipseee** » Wed Nov 25, 2015 11:42 am

michosz » Wed Nov 25, 2015 6:08 am wrote:GA

hi Michosz , is this a ShortTerm trade

: