The Captains Chest - Naked Trading & Other Stuff

Post by **TraderJoeForex** » Mon Aug 07, 2017 1:22 pm

First post in this thread for a while..

USDCHF RRT short in the making?

sunbuddy · Post by **sunbuddy** » Tue Aug 08, 2017 12:19 am

USDCHF.png

Hi TJF I agree with you. I've laid out my strategy in the image.
I used weekly SR lines.

There seems to be a good short opportunity over on AUDCHF daily BTW that's where I am short AUD right now. The risk is really low at present.

http://www.myfxbook.com/members/sunbuddy

Post by **TraderJoeForex** » Tue Aug 08, 2017 5:09 pm

TraderJoeForex » Mon Aug 07, 2017 1:22 pm wrote:First post in this thread for a while..

USDCHF RRT short in the making?

Nope I was too early on this but at least got out with small profit..

Post by **TraderJoeForex** » Tue Aug 08, 2017 5:12 pm

sunbuddy » Tue Aug 08, 2017 12:19 am wrote:
Hi TJF I agree with you. I've laid out my strategy in the image.
I used weekly SR lines.

There seems to be a good short opportunity over on AUDCHF daily BTW that's where I am short AUD right now. The risk is really low at present.

http://www.myfxbook.com/members/sunbuddy

Cheers I am watching AUDCHF too. It is setting up nicely right now.

sunbuddy · Post by **sunbuddy** » Wed Aug 09, 2017 12:35 am

I am contra trading the fundamentals (news) on this one. So the risk is elevated. A better trade would be after the USDCHF crosses resistance on news driven strength. Then we would trading technical analysis and fundamentals in the same direction. The risk:return right now is probably 1:1. Though our take profit versus our stop is 2:1 at the moment..... Sorry to say but we are waiting for poor economic news or overly optimistic consensus out of the USA to match the downward trend in technical analysis (TA) to make this one work out...

USDCHF1.png

sunbuddy · Post by **sunbuddy** » Wed Aug 09, 2017 1:36 am

I mentioned an AUDCHF trade, here it is:

AUDCHF.png

Post by **xrismak** » Wed Aug 09, 2017 1:55 am

fetch » Mon Aug 07, 2017 10:22 am wrote:
xrismak » Mon Aug 07, 2017 6:51 am wrote:
Upandown, - Sympathy ke... e be like say e no dey dis Forum Again o...
What happened?

Fetch,
I don't know men, All I know is I haven't seen him around lately and that Dude used to Post some Slick Trades... He was Dynamite...

NZD-USD @_02-49-29 On 09-08-17.png

Happy Trading Y'all,
xrismak

sunbuddy · Post by **sunbuddy** » Wed Aug 09, 2017 2:33 am

Trade Closed out for a profit.

AUDCHF2.png

Post by **waza** » Wed Aug 09, 2017 7:57 am

Eur/Chf

Post by **TraderJoeForex** » Wed Aug 09, 2017 10:44 am

TraderJoeForex » Tue Aug 08, 2017 5:12 pm wrote:
Cheers I am watching AUDCHF too. It is setting up nicely right now.