The Captains Chest - Naked Trading & Other Stuff

Innate · Post by **Innate** » Tue Sep 20, 2016 1:56 pm

Innate » Wed Sep 21, 2016 1:49 am wrote:
fahedksa » Wed Sep 21, 2016 1:46 am wrote:
PolishQueen » Tue Sep 20, 2016 2:07 pm wrote:Hi guys,
how about USDCAD? any thoughts? thx

My view is that we start today level 3 up with target around ADR High
I like your analysis.
IMHO they are pushing usdcad higher tonight so when they drop the pants out of the usd tomorrow it wont interfere with the usdcad's up trend.

PS. I agree with your analysis but I wouldn't have entered a Buy. It is at the top of the range. Might work out but its low probability.

Noucha · Post by **Noucha** » Tue Sep 20, 2016 1:56 pm

If they decide to add another level up I will be happy to sell

Post by **fahedksa** » Tue Sep 20, 2016 3:03 pm

Innate » Tue Sep 20, 2016 4:56 pm wrote:
PS. I agree with your analysis but I wouldn't have entered a Buy. It is at the top of the range. Might work out but its low probability.

I closed my positions now +15 pips , a lot of pins to upside .

Post by **ZumZum** » Tue Sep 20, 2016 3:26 pm

Beautiful ABC on daily as well:

EURGBPDaily.png

Noucha » Tue Sep 20, 2016 3:56 pm wrote:If they decide to add another level up I will be happy to sell

Noucha · Post by **Noucha** » Tue Sep 20, 2016 3:50 pm

EURCAD on 2nd Level

PolishQueen · Post by **PolishQueen** » Tue Sep 20, 2016 4:02 pm

Innate » Tue Sep 20, 2016 1:56 pm wrote:
PS. I agree with your analysis but I wouldn't have entered a Buy. It is at the top of the range. Might work out but its low probability.

Thanks guys!

Post by **fahedksa** » Wed Sep 21, 2016 12:15 pm

GBPUSD My view Today:
4H Not very clear for me to count levels .So, I start from 1H and count 3 levels down with ADR in my mind also.
Today second leg of W on Yesterday low and Today low also with good pin candle at M15 chart .
my target to ADR High or any sign of reverse.
Also you can see in M15 Chart that there is small consolidation and then expand price down to test Low of Yesterday.

Lets see

Update:
Close all pyramid positions +60 pips and keep first trade open
Update2:
Closed first position because i think price will range inside Asia Range ,Safe move for me to close and look for another pair maybe EURUSD after Federal rate News.

Post by **szfxtrader** » Thu Sep 22, 2016 6:17 am

AUDCAD - M @ H4, what do you guys think about that?

Post by **ZumZum** » Thu Sep 22, 2016 9:12 am

Can someone more experienced comment if my picture is correct?

GBPCHFH1.png

or it should push down one more time to finish ABC on D1?

GBPCHFDaily.png

Any comments would be highly appreciated :hi:

Cheers,
A

Innate · Post by **Innate** » Thu Sep 22, 2016 12:14 pm

ZumZum » Thu Sep 22, 2016 9:12 pm wrote:Can someone more experienced comment if my picture is correct?

or it should push down one more time to finish ABC on D1?

Any comments would be highly appreciated :hi:

Cheers,
A

If you havent already been stopped out look for any opportunity to get out. It might kick up for a bit but the CHF is very very strong ATM.
Also I think the ABC will fail. Im sure they will be setting new lows. (but they could bounce it for a bit on the bottom first... We wont know until we see what price action appears).