The Captains Chest - Naked Trading & Other Stuff

[swisscheese]

Short here
Edi

[swisscheese]

Nice Pin

[cjthomson]

I am having issues identifying when the fox is actually doing a stop hunt. My understanding is that an obvious indication of his presence would be when the spread gets widened. So, would there be any use in having an indi that shows spread - something like the attached images? My thinking is that it would help as you could visually see when the fox has massaged conditions - or not?

I found this one on FF (black chart & indi file) but it requires some coding know how - is there anyone with coding ability willing to have a look to see if its usable?

Having given this some thought it might be useful to have an indi window added that shows the bid/ask level or a max/min spread (white chart example).

Apologies in advance for posting this here, just want to direct it at those with an interest. I'll post something in the Indicators & scripts forum too.

[cjthomson]

Nice Pin

I'm not clear why you went for a buy here. This looks to have been 2 pushes long so far, expecting a third to come, at which stage we should be looking out for an 'M' to set up for a short - what am I missing?

[erickva]

Sorry CJ, I named the chart wrong, that is in fact GBPUSD.

Hi CJ,

What do you think about EURUSD, could this be a LONG trade?

Cheers,
Erick

I'm seeing a short here....

CJ

[cjthomson]

Nice Pin

I'm not clear why you went for a buy here. This looks to have been 2 pushes long so far, expecting a third to come, at which stage we should be looking out for an 'M' to set up for a short - what am I missing?

[Captain Jack]

Nice Pin

Careful on that one Edi....that's the NY session stop hunt when the foxes change seats...always look for the stop hunt around 9am-945am EST...

I added to my short on the pullback....

CJ

[Captain Jack]

Thanks for the heads up on the USDCAD...I owe you a hot chocolate!

CJ

[Kruspe]

Possible scenario II, Eur/Aud 15M

[Kruspe]

Aud/Usd 15M

Btw Captain, what do you think about GU now ?