The Captains Chest - Naked Trading & Other Stuff

[Reaper]

I have a feeling AUDUSD and NZDUSD might not drop today, it may range, retest the high and fall tomorrow. What you guys think?

[lhDT]

A bit late to trade today but what are you guys thinking about that EJ pin (forming) ?

[Amit]

I can still see only L1 on EU and currently L2 in progress. Is that correct ?

Nev pretty nicely explained...took my entries same way , barring the fact that I used fib to check AU levels today on D1 and then entered on m5.

[mjws00]

I think that pin is a 100 pip bounce. To stop this much momentum they'll have to make some moves and unload imho. I'd laugh pretty hard if they ran it 200+ back. There is a lot of weak money just looking for an excuse to cover. I think they make 121.40ish easily. Which stops it off Last weeks low and close to ATR for the day. Not sure who NY want to leave hanging yet. But late shorts are getting burned hard right now.

For those following along with 10.4. This was picture perfect use of weekly pivots.

[lhDT]

I think that pin is a 100 pip bounce.

Lol yeah ! Until bar is closed, nothing is set

[Mescalitofx]

seems i entered to early.... well i entered at the PIN low GbpJPY higher LOTsize

Averaged Breakeven +20 OUT. finished. Next.... keep control of losses better make them profits. is more risky, but when it drops so fast a response up goes easy.... FLAT... take profits of table and run before the train starts moving in the opposite direction. ofcours it can get higher.. but better play short on the ball.. and get what u can get...

Wrong call this time from me but managed it to be breakeven at least.

refresh mind and look for next setup..

[websie]

I entered on the pin of USDJPY H4, going ok so far

[lhDT]

I entered on the pin of USDJPY H4, going ok so far

H4 pins doesn't look the same for everyone. Can be touchy sometimes ...

[Amit]

Guys is this GCAD count m15 correct ?

[lhDT]

Guys is this GCAD count m15 correct ?

Difficult to see a M there at that time. Of peak hour I would rather look at the bigger timeframes (h1+)