The Captains Chest - Naked Trading & Other Stuff

Post by **fx800** » Thu Sep 21, 2017 2:05 am

Hi Eaymon/any member,

When you have time, can you please share your insights regarding the level counts for GU, EU, AU and UJ please ?

peter

Post by **fx800** » Thu Sep 21, 2017 11:21 am

USDCHF DAILY.

Any comments welcomed.

Post by **fx800** » Thu Sep 21, 2017 11:35 am

GBPUSD DAILY.

Any comments welcomed.

Post by **eaymon** » Thu Sep 21, 2017 2:13 pm

fx800 » Wed Sep 20, 2017 9:05 pm wrote:Hi Eaymon/any member,

When you have time, can you please share your insights regarding the level counts for GU, EU, AU and UJ please ?

peter

time is something I have very little of.. but i'll try to do something this weekend

your GU looks good though... zoom out and have a look at it as well..

Post by **Wavegarrick** » Thu Sep 21, 2017 2:17 pm

Hi Peter,

GBPUSD DAILY.

Any comments welcomed.

Buy trade taken from my side. Target 1.37516. Of course I could be wrong. Very significant is how price bounces of the round numbers. 100's and 50's.

Tc
Leon

Post by **fx800** » Thu Sep 21, 2017 2:22 pm

Wavegarrick » Thu Sep 21, 2017 2:17 pm wrote:Hi Peter,

GBPUSD DAILY.

Any comments welcomed.
Buy trade taken from my side. Target 1.37516. Of course I could be wrong. Very significant is how price bounces of the round numbers. 100's and 50's.

Tc
Leon

Many thanks Leon. This is how I need to learn to trade naked, help from our seasoned traders !

peter

Post by **fx800** » Thu Sep 21, 2017 2:27 pm

eaymon » Thu Sep 21, 2017 2:13 pm wrote:
time is something I have very little of.. but i'll try to do something this weekend

your GU looks good though... zoom out and have a look at it as well..

Many thanks, Eaymon. No need to trouble yourself if you are too busy. Since I changed to the daily time frame, suddenly something clicked, and I am beginning to see some semblance of the three level push that CJ talked about. I have taken some trades based on my setups using tiny lots. As the saying goes, the proof of the pudding is in the eating. We shall see in the coming days if my level counts are correct or not.

Post by **fx800** » Thu Sep 21, 2017 5:10 pm

fx800 » Thu Sep 21, 2017 11:35 am wrote:GBPUSD DAILY.

Any comments welcomed.

Sorry guys, the level count is obviously wrong. We are now at level 2 and one more push to go.

Post by **fx800** » Thu Sep 21, 2017 6:04 pm

fx800 » Thu Sep 21, 2017 5:10 pm wrote: Sorry guys, the level count is obviously wrong. We are now at level 2 and one more push to go.

W are still at level 1 on M15 time frame. So two more pushes to come. However, we are close to ADR HIGH.

Wall Street back from lunch break. May be we will see another push ???

Post by **fx800** » Thu Sep 21, 2017 6:13 pm

Meanwhile, GBPJPY is merrily propelling itself to the heavens. How did I miss it ???