The Captains Chest - Naked Trading & Other Stuff

Post by **fahedksa** » Wed Oct 12, 2016 2:19 pm

My view for NZDUSD
Peak Low
Test after extension and SH.
Is my levels and entry from correct place ?

Captain Jack · Post by **Captain Jack** » Wed Oct 12, 2016 2:28 pm

fahedksa » Wed Oct 12, 2016 10:19 am wrote:My view for NZDUSD
Peak Low
Test after extension and SH.
Is my levels and entry from correct place ?

I posted this pair days ago with my opinion...

-CJ-

Innate · Post by **Innate** » Wed Oct 12, 2016 2:49 pm

Captain Jack » Thu Oct 13, 2016 2:15 am wrote:
Sounds and looks like you are on the right track. I was looking at EA earlier this morning as it had completed the cycle but my interests lie with USDJPY and EURUSD today.

Will you stack and protect orders as you go or do you just use single entry?

-CJ-

Thank you.
No I only enter early trades, i dont stack. I do take 2,3 or even 4 trades (2% risk each) if its a perfect setup but only near the beginning of the move. I havent got the balls for stacking yet as its not for every trade. Obviously the big straight away moves are what I need to target. When I get my confidence up more I will definitely start stacking. I see that is the way to proper growth.

EURAUD
Im expecting them to pull it back into the range to add more confusion. Then I see a lot of accumulation (selling it up) before they smash it through 1.45 for a massive breakout probably Friday or even next week.

Im getting better at the patterns but timing I need to work on.

I too have my eye on the Yen. I took the EJ trade earlier.
I am expecting them to take the usdjpy one more level up then dropping it. :hi:

mtl · Post by **mtl** » Wed Oct 12, 2016 3:53 pm

Can anyone tell me why on usdjpy went to the top
I thought that descend down.

:

Captain Jack · Post by **Captain Jack** » Wed Oct 12, 2016 4:01 pm

mtl » Wed Oct 12, 2016 11:53 am wrote:Can anyone tell me why on usdjpy went to the top
I thought that descend down.
: : :

News manipulation....

-CJ-

Post by **rewand** » Wed Oct 12, 2016 4:07 pm

mtl » Wed Oct 12, 2016 3:53 pm wrote:Can anyone tell me why on usdjpy went to the top
I thought that descend down.
: : :

There are so many posts on this, I posted a pattern and a level count myself. Yes, I could have been wrong all the way but I am not suprised, I was long and closed my last position at 104.36 today because it has hit the 5D ADR line. I do not know what next is. Need to look into it, I am busy with other trades.

Mathewslade · Post by **Mathewslade** » Wed Oct 12, 2016 4:08 pm

Hello, Captain,

Does that new PH invalidate the trade now? Or is it a higher price to fade from?

Thanks.

Captain Jack · Post by **Captain Jack** » Wed Oct 12, 2016 4:12 pm

Mathewslade » Wed Oct 12, 2016 12:08 pm wrote:Hello, Captain,

Does that new PH invalidate the trade now? Or is it a higher price to fade from?

Thanks.

What trade?

Mathewslade · Post by **Mathewslade** » Wed Oct 12, 2016 4:17 pm

Captain Jack » Wed Oct 12, 2016 4:12 pm wrote:
Mathewslade » Wed Oct 12, 2016 12:08 pm wrote:Hello, Captain,

Does that new PH invalidate the trade now? Or is it a higher price to fade from?

Thanks.
What trade?

Apologies. I meant USD/JPY!

mtl · Post by **mtl** » Wed Oct 12, 2016 4:19 pm

Captain Jack » Wed Oct 12, 2016 5:01 pm wrote:
mtl » Wed Oct 12, 2016 11:53 am wrote:Can anyone tell me why on usdjpy went to the top
I thought that descend down.
: : :
News manipulation....

-CJ-

thanks CJ

well yes it's all clear why he took off up