The Captains Chest - Naked Trading & Other Stuff

[sympathy]

GJ miss the lower entry

[marcoFF]

EU

Hi sympathy can you explain this buy please?

[waza]

the way i see the EU is it has a W on the 1hr chart and moved up to a level 1 - i think it will retrace to around 1.08350 then take a bullish move for it's second lvl. looking at around 1.08950

but i'm still learning so don't take me as a real trade please.

thanks

warren

[drammen]

EU

Hi sympathy can you explain this buy please?

I believe he is buying on the 2ND push and will keep the short until it reaches 3rd push but close the long when the 2nd push is finished.

[fahedksa]

Hi sympathy,
Regarding GBPJPY i draw levels different than yours ,can you explain my mistake here?
Thank you

[drammen]

Hi sympathy,
Regarding GBPJPY i draw levels different than yours ,can you explain my mistake here?
Thank you

You're not supposed to buy when the M pattern forms, you're doing the totally opposite. Above all, you're supposed to short at the 3rd push and where there is a M pattern. Usually on 2nd leg.

[sympathy]

EU

Hi sympathy can you explain this buy please?

Thats level 3

[sympathy]

Hi sympathy,
Regarding GBPJPY i draw levels different than yours ,can you explain my mistake here?
Thank you

I guess you missed it bro. Check the levels into 3days interval and see how it works. level 1 is 3days, level 2 is another 3days...........

[sympathy]

GU

[szfxtrader]

Hi Sympathy,

Could you please share your view on EURJPY? Thank you in advance!