The Captains Chest - Naked Trading & Other Stuff

Post by **Reaper** » Wed May 25, 2016 3:07 pm

Well on the 19th I went Long on CADJPY but I can't remember why. Target was 87.

(This isn't a live trade)

Post by **szfxtrader** » Wed May 25, 2016 3:13 pm

Angat » Wed May 25, 2016 3:07 pm wrote:Well on the 19th I went Long on CADJPY but I can't remember why. Target was 87.

(This isn't a live trade)

Thanks for sharing, I need to develop a better timing.

Post by **Reaper** » Wed May 25, 2016 3:24 pm

szfxtrader » Wed May 25, 2016 3:13 pm wrote:
Angat » Wed May 25, 2016 3:07 pm wrote:Well on the 19th I went Long on CADJPY but I can't remember why. Target was 87.

(This isn't a live trade)
Thanks for sharing, I need to develop a better timing.

It's not really helpful I can't give some inkling why.

I'll give you my take on GBPJPY longer term.

gbpjpy.png

As always I could be wrong.

Captain Jack · Post by **Captain Jack** » Wed May 25, 2016 3:29 pm

szfxtrader » Wed May 25, 2016 11:06 am wrote:
Captain Jack » Wed May 25, 2016 11:12 am wrote:Today's lesson...you're welcome.

Patterns repeat, 3-5 day cycles are present, as always and human's follow the same path... there's so much more here...

-CJ-

My trade:

How's it going to end? just like this... it's already been printed...

I bought CADJPY(84.449) after the news, what do you think?

Already posted it... look above your post or do you not read them?

-CJ-

Post by **szfxtrader** » Wed May 25, 2016 3:37 pm

Captain Jack » Wed May 25, 2016 3:29 pm wrote:
Already posted it... look above your post or do you not read them?

-CJ-

I am sorry, but I believe that I didn't understand very well if you were saying that CADJPY will go down or up, but I will read the post again, thank you.

Captain Jack · Post by **Captain Jack** » Wed May 25, 2016 3:40 pm

szfxtrader » Wed May 25, 2016 11:37 am wrote:
Captain Jack » Wed May 25, 2016 3:29 pm wrote:
Already posted it... look above your post or do you not read them?

-CJ-
I am sorry, but I believe that I didn't understand very well if you were saying that CADJPY will go down or up, but I will read the post again, thank you.

Look at the last chart I posted of CADJPY, the 5M chart... price will follow the same pattern on the 1H chart from where I have it marked on the 5M chart....

-CJ-

Post by **marcoFF** » Wed May 25, 2016 4:01 pm

Thanks for posting Captain.

Post by **szfxtrader** » Wed May 25, 2016 4:13 pm

Captain Jack » Wed May 25, 2016 3:40 pm wrote:
Look at the last chart I posted of CADJPY, the 5M chart... price will follow the same pattern on the 1H chart from where I have it marked on the 5M chart....

-CJ-

Got it, thank you.

Captain Jack · Post by **Captain Jack** » Wed May 25, 2016 4:19 pm

marcoFF » Wed May 25, 2016 12:01 pm wrote:Thanks for posting Captain.

If you guys know anything about these price maps such as the CADJPY that's posted, then you know they are continuous and what happens on the 5M chart can be traded on the H1 chart... Note the HUGE spike that just printed on the H1 chart!! THAT SPIKE IS APPROACHING IN THE FUTURE!!

As price works higher, watch the news calendar for RED news on CAD or JPY as price moves closer to the spike pattern...

A spike like that on the 5M chart translates into a much larger spike on the 1H....

-CJ-

Post by **waza** » Wed May 25, 2016 4:34 pm

Cj just like to say it's been great you hanging around today. hopefully see you tomorrow.