The Captains Chest - Naked Trading & Other Stuff

Post by **dydynamic** » Sun Dec 31, 2017 1:26 pm

please guys, analyse this Monthly EURUSD chart and post your comments....
thanks... :hi:

Post by **Gertje** » Sun Dec 31, 2017 1:38 pm

dydynamic » Sun Dec 31, 2017 1:26 pm wrote:please guys, analyse this Monthly EURUSD chart and post your comments....
thanks... :hi:

Completely off-topic: can you change pairs and TF with the buttons on the left?

Willing to share the indi?

Post by **dydynamic** » Sun Dec 31, 2017 1:57 pm

Gertje » Sun Dec 31, 2017 1:38 pm wrote: Completely off-topic: can you change pairs and TF with the buttons on the left?
Willing to share the indi?

Ok here you go and a happy new year trading to you.....

Post by **rewand** » Sun Dec 31, 2017 7:16 pm

dydynamic » Sun Dec 31, 2017 1:26 pm wrote:please guys, analyse this Monthly EURUSD chart and post your comments....
thanks... :hi:

Hi, I see it differently, we have clear pushes and retraces in those zigzags to qualify them as levels. Note the timing between those monthly pushes as well. I see the pair hitting level 1, ready for short but I would not bet on the pair dropping below latest L3. But anyway, I will look for short on Tuesday as we have a nice 1-2-3 right now.

sababull · Post by **sababull** » Mon Jan 01, 2018 3:32 am

rewand » Sun Dec 31, 2017 2:16 pm wrote: Hi, I see it differently, we have clear pushes and retraces in those zigzags to qualify them as levels. Note the timing between those monthly pushes as well. I see the pair hitting level 1, ready for short but I would not bet on the pair dropping below latest L3. But anyway, I will look for short on Tuesday as we have a nice 1-2-3 right now.

I can equally convince myself on the monthly and weekly that we are headed to 1.60 as I can to .80 in the long term, so I'll save you the headache of staring at each of those charts. The only one I can really make sense of is the H1 and it seems to me we might be preparing for a move to 1.1830s (hence my short) and then another series of pushes up on the H1.

From a fundamental standpoint, taking Draghi's GDP estimates for what they are worth and Trump administration continued desire to have a weaker dollar, we should see EU rise all year (or at least until elections).

Post by **Wavegarrick** » Tue Jan 02, 2018 3:16 pm

Hi Guys

I have entered some shorts on EURUSD at 1.20484 assuming that my yearly med res 1 might hold and also being in the peaky area. Early days and stability below 1.20484 is needed for a push down to my yearly pivot at 1.14789 or for a push down to med support 1 at 1.11723. Of course the dreaded round number and psychological res now turned support at 1.20000 needs to go.

Early days and failing all this undoubtedly res 1 at 1.26179.

All the best
Leon

Post by **dydynamic** » Tue Jan 02, 2018 4:00 pm

Wavegarrick » Tue Jan 02, 2018 3:16 pm wrote:Hi Guys

I have entered some shorts on EURUSD at 1.20484 assuming that my yearly med res 1 might hold and also being in the peaky area. Early days and stability below 1.20484 is needed for a push down to my yearly pivot at 1.14789 or for a push down to med support 1 at 1.11723. Of course the dreaded round number and psychological res now turned support at 1.20000 needs to go.

Early days and failing all this undoubtedly res 1 at 1.126179.

All the best
Leon

Great, Let us hope for the best.... :hi:

sababull · Post by **sababull** » Wed Jan 03, 2018 4:18 am

sababull » Fri Dec 29, 2017 11:05 pm wrote:
rewand » Fri Dec 29, 2017 4:06 pm wrote:AJ to fall? I have entered short already.
I think so, I'll join you on this one next week. The Weekly and H1 make the most sense to me. On the Weekly we seem to be in the Level 1 chop awaiting the next push.

Zoom in and I mapped the H1 and then checked out your H4. Appears we have a match. So either we are on to something or we are going to go down in flames.

So this one that rewand pointed out is working nicely. Looking for another drop here to the weekly line, get lucky maybe it goes further.

AJ-1.2.18.png

Just looked at my pic and realized I cut off my trade from above, I also have an entry from higher hoping it would do just that very thing on the open.

sababull · Post by **sababull** » Wed Jan 03, 2018 4:35 am

sababull » Fri Dec 29, 2017 6:06 pm wrote:
After the area I marked was no good, I waited all day to take that same trade.

Follow up on this, obviously had to get out of that one when trading resumed and then re-entered short on the M15 RRT that happened at the top today. Also, thanks Leon for your post, it finally got me over to the peaky thread and started playing around with the hi-lo indicator and took a couple of M1 12 pip shorts after the RRT during the day today.

Post by **Wavegarrick** » Wed Jan 03, 2018 1:04 pm

Oki doki,

Yesterdays open broken, am trying another short. The lingering 1.20000 level still a major obstacle to the downside. Price action still very questionable and finger to the button at this stage.

Also, thanks Leon for your post, it finally got me over to the peaky thread and started playing around with the hi-lo indicator and took a couple of M1 12 pip shorts after the RRT during the day today.

It is always nice to compare notes with you guys(naked traders) Sababull, and yes peaky a worthy tool in any traders arsenal

Cheers
Leon