The Captains Chest - Naked Trading & Other Stuff

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fx800
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Post by fx800 »

??? USDJPY on the slide following comments by US Treasury Secretary.

https://www.forexfactory.com/news.php?do=news&id=699552

Comments welcome.
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fx800
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Post by fx800 »

AUDUS H1. ??? AUDUSD short possible.

Any comments welcomed.
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eaymon
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Post by eaymon »

fx800 » Thu Sep 14, 2017 6:46 pm wrote:AUDUS H1. ??? AUDUSD short possible.

Any comments welcomed.
Have you looked at it on a higher timeframe? it looks like it could be a W to me and could go north.

the Volume might have a factor but i'm not too sure...
fx800
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Post by fx800 »

eaymon » Thu Sep 14, 2017 11:59 pm wrote:
fx800 » Thu Sep 14, 2017 6:46 pm wrote:AUDUS H1. ??? AUDUSD short possible.

Any comments welcomed.
Have you looked at it on a higher timeframe? it looks like it could be a W to me and could go north.

the Volume might have a factor but i'm not too sure...
Thanks for your comments.

AUDUSD H4.The market is long term bullish for AU but in the short term, it has touched peak hi on the lower time frames and retracing. Same picture for EURUSD.
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Last edited by fx800 on Fri Sep 15, 2017 1:02 am, edited 3 times in total.
tradeitforex
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Post by tradeitforex »

EJ
2017-09-15_02-01-38.jpg
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fx800
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Post by fx800 »

Thanks for your post. There is a similar pin on H1 for GJ.and UJ .Watching closely.
tradeitforex
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Post by tradeitforex »

Mayby other pairs with yen might behave just the same as ej, howver I think that the pound is in a really strong place right now and will continue its domination on every pair in the weeks to come. Check the super css indy on 1d timeframe or 1week timeframe and see how pound is behaving in regards to the rest of currencies. But this is my biased opinion, and I might be wrong.
kola8701
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Post by kola8701 »

Didn't catch the drop. Finally out of E/U.
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kola8701
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Post by kola8701 »

G/A and G/Cad ... With tight SL.
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dydynamic
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Post by dydynamic »

kola8701 » Fri Sep 15, 2017 8:37 am wrote:G/A and G/Cad ... With tight SL.
Good thing you had a tight stoploss....
NEVER CATCH A FALLING KNIFE OR A RISING ROCKET....
CAD is being prepared for a massive fall just like they prepared GBP for a massive rally and I am afraid a lot of accounts will be busted especially on GBPCAD and other CAD pairs.......
CAD needs to take the fall for USD to rise.....
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