The Captains Chest - Naked Trading & Other Stuff

Post by **WhoKnows** » Sun Nov 29, 2015 12:44 am

Heads-up for non-Aussies

Tu afternoon (Tu Asian session) we will have an AU Reserve Bank interest decision. There is a change interest will be lowered from the current historic 2% low to a notch even lower.
The AU$ has been quite strong over the past months in spite of some poor fundamental developments. The pundits think the rate will remain stable, but it would be a wonderful opportunity for the 'fox' to play some games and jump the AU$ to a lower level IF the RBA lowers the rate. Only the fox knows...
Nothing is certain of course, but be careful with the AU crosses.....

Post by **michosz** » Sun Nov 29, 2015 10:22 pm

abc pattern ?

caveywoolpert · Post by **caveywoolpert** » Mon Nov 30, 2015 9:21 am

AJ, three levels down, entered buys, wanna see what the fox will show in the red box, cause it's 3rd level on 4h, might be ABC

GC textbook trade: accumulation, stophunt 7.45 london time, back to trend.

Post by **marcoFF** » Mon Nov 30, 2015 9:37 am

babalu4u » Fri Nov 27, 2015 9:52 am wrote:GBPJPY one more level...

Goodmorning all, and thanks for all post in the past days (I can't quote all of you but ty :hi: )

Here babalu4u you indicate the level 2, but in the same time there is a SH.. i've read from CJ we don't count a SH as a level, i've miss something?
Another question, for me is quite easy to read a SH when i saw long shadow (expecially close to some point) but how i can spot other track of the SH?
Thanks,
Marco.

Post by **sympathy** » Mon Nov 30, 2015 11:13 am

marcoFF » Mon Nov 30, 2015 10:37 am wrote:
babalu4u » Fri Nov 27, 2015 9:52 am wrote:GBPJPY one more level...
Goodmorning all, and thanks for all post in the past days (I can't quote all of you but ty :hi: )

Here babalu4u you indicate the level 2, but in the same time there is a SH.. i've read from CJ we don't count a SH as a level, i've miss something?
Another question, for me is quite easy to read a SH when i saw long shadow (expecially close to some point) but how i can spot other track of the SH?
Thanks,
Marco.

Morning bro, i don't understand your question but for the pair you posted, we are in level 3 down just the market is behaving somehow but its the same pattern ok.

Post by **marcoFF** » Mon Nov 30, 2015 12:11 pm

sympathy » Mon Nov 30, 2015 12:13 pm wrote:Morning bro, i don't understand your question but for the pair you posted, we are in level 3 down just the market is behaving somehow but its the same pattern ok.

Hi sympathy, thanks for the reply.
The question is: I recognize quite well a SH when I can identify a long pin, but what are the other clues that make me recognize a SH?

Post by **sympathy** » Mon Nov 30, 2015 1:08 pm

marcoFF » Mon Nov 30, 2015 1:11 pm wrote:
sympathy » Mon Nov 30, 2015 12:13 pm wrote:Morning bro, i don't understand your question but for the pair you posted, we are in level 3 down just the market is behaving somehow but its the same pattern ok.
Hi sympathy, thanks for the reply.
The question is: I recognize quite well a SH when I can identify a long pin, but what are the other clues that make me recognize a SH?

Stophunts normally happens between level 2 and level 3. its just a pin candles clustered in one region like little consolidation without a direction ok.

Post by **sympathy** » Mon Nov 30, 2015 1:08 pm

Post by **marcoFF** » Mon Nov 30, 2015 1:48 pm

sympathy » Mon Nov 30, 2015 2:08 pm"]CADJ[/quote]

Hi sympathy, I see in this way the 3 day push?
CJ H1:

3daypushCJH1.png

FXe3 · Post by **FXe3** » Mon Nov 30, 2015 2:30 pm

What do you guys think about AJ 60min? Is the fox working it higher into RBA statement tonight?

Thinking like a fox if you expected the RBA statement to be bearish wouldn't you push it higher today into the statement? If it was going to be bullish wouldn't you try to push it down to build longs? Comments encouraged