The Captains Chest - Naked Trading & Other Stuff

Post by **fx800** » Thu Mar 01, 2018 12:47 pm

rewand » Thu Mar 01, 2018 12:26 pm wrote:Another thing I would consider is timing and overall pattern of price coming down. Note the point where my squares are. Does it look like a baitline between yesterdays high and todays low? I may still not be right but consider my entry point safe vs entering now for example. You can see the baitline between session lines as well. Price just went to visit this point after my latest comment.

Very interesting, can't wait for the US session to see what happens next.

Fed Chair Powell Testifies at 3pm GMT, The MM will use this event as a cover up for where it wants to move the market. My guess is that they will move the market down, trapping the longs who thought that the 10% correction is over and it is time to buy.

Post by **fx800** » Thu Mar 01, 2018 2:29 pm

fx800 » Thu Mar 01, 2018 12:47 pm wrote:
rewand » Thu Mar 01, 2018 12:26 pm wrote:Another thing I would consider is timing and overall pattern of price coming down. Note the point where my squares are. Does it look like a baitline between yesterdays high and todays low? I may still not be right but consider my entry point safe vs entering now for example. You can see the baitline between session lines as well. Price just went to visit this point after my latest comment.
Very interesting, can't wait for the US session to see what happens next.

Fed Chair Powell Testifies at 3pm GMT, The MM will use this event as a cover up for where it wants to move the market. My guess is that they will move the market down, trapping the longs who thought that the 10% correction is over and it is time to buy.

Here we go, Wall Street opening in one minute.

Post by **rewand** » Thu Mar 01, 2018 3:40 pm

fx800 » Thu Mar 01, 2018 2:29 pm wrote:
Here we go, Wall Street opening in one minute.

According to plan. Lets see if pa support the short idea.

Post by **Wavegarrick** » Thu Mar 01, 2018 4:16 pm

Hi Rewand,

You are a true scholar of CJ. Good stuff all round

Post by **xrismak** » Thu Mar 01, 2018 10:34 pm

Wavegarrick » Thu Mar 01, 2018 4:16 pm wrote:Hi Rewand,

You are a true scholar of CJ. Good stuff all round

Rewand,

Well Done...

USD-JPY @_21-37-42 on 01-03-18.png

Happy New Year folks,

xrismak

Post by **fx800** » Thu Mar 01, 2018 11:17 pm

rewand » Thu Mar 01, 2018 3:40 pm wrote:
fx800 » Thu Mar 01, 2018 2:29 pm wrote:
Here we go, Wall Street opening in one minute.
According to plan. Lets see if pa support the short idea.

Well done !

Post by **fx800** » Fri Mar 02, 2018 1:33 am

USOIL H1.

Post by **fx800** » Fri Mar 02, 2018 3:05 am

fx800 » Thu Mar 01, 2018 8:59 am wrote:
The daily chart for S&P500. Watching for break of 2700 level during the US session.

I took 12 nibbles instead of Rewand's one giant big bite and got me some green pips. Thanks to Rewand for his classic setup. It will help many trying to grasp CJ's naked trading.

Post by **rewand** » Fri Mar 02, 2018 8:07 am

fx800 » Fri Mar 02, 2018 3:05 am wrote: I took 12 nibbles instead of Rewand's one giant big bite and got me some green pips. Thanks to Rewand for his classic setup. It will help many trying to grasp CJ's naked trading.

Heh, I did take a big bite yesterday, even went long after the big move but that one kicked me out with BE. Not sharing the pics to brag, but because of the annotations for you to see the story.

Post by **fx800** » Fri Mar 02, 2018 8:12 am

rewand » Fri Mar 02, 2018 8:07 am wrote:
fx800 » Fri Mar 02, 2018 3:05 am wrote: I took 12 nibbles instead of Rewand's one giant big bite and got me some green pips. Thanks to Rewand for his classic setup. It will help many trying to grasp CJ's naked trading.
Heh, I did take a big bite yesterday, even went long after the big move but that one kicked me out with BE.

Well done again Rewand. More credit to you for posting BEFORE a move like Bob used to do in the past. I sure appreciate you input.
:hi: :hi: :hi: