The Captains Chest - Naked Trading & Other Stuff

[kwanann]

USDCAD SL at BE

Rest closed.
I go home and have some fun with my kids.

Have a nice evening.
Edi

Edi, I had a quick look at yours charts, seems to be mostly scalps?

Bedtime for me, xauusd got closed out as expected, the rest still in. Let's see how things turn out tomorrow when I wake up. Good luck with the us session guys!

[kwanann]

pound

(I enter orders on my laptop and view charts on my desktop computer)

Pueo, I remember you posted a link about basket trading, and I saw you draw a bucket, what was it supposed to be?

[swisscheese]

USDCAD SL at BE

Rest closed.
I go home and have some fun with my kids.

Have a nice evening.
Edi

Edi, I had a quick look at yours charts, seems to be mostly scalps?

Bedtime for me, xauusd got closed out as expected, the rest still in. Let's see how things turn out tomorrow when I wake up. Good luck with the us session guys!

Hi K
I don't like Scalping it makes me nervous...
I close trades when I can't monitor them or when I don't want to think about it (evening, work etc.)
Edi

[lhDT]

I closed my long AU for a couple of pips and going short at the triple top (corrected).
1.05 can still be tested but currently there is now follow trough. I'm taking the chance. I'm also watching that huuuuge triangle formation.

[bernard]

me thinks top of level 3 although levels are quite messy..

Pueo,

the peak of the M that you show is just a few pips away from WR1.
The Fox knows well how many Stops are on top of that resistance.
I do not believe the Fox will let them go.
I suspect that, if there is a reversal, that will be after those Stops are swallowed by the fox.
If the history repeats itself, I believe, that the peak as you show will hold within a narrow Channel during the Asian market, in London market that channel will expand with a spike up to devour the Stops, then it will go south.

Just my 2 cents,
Bernard

[Kruspe]

This one was nice today
AUD/NZD 15M

[Kruspe]

And sometimes it doesn´t work /maybe my fault (SL 18 pips)

[kwanann]

A list of all my screw ups from last night, comments welcome

[odellcash]

Seeing the M pattern on the Yen pairs 4h charts. It was the similar but opposite W pattern right before the shoot up. I think its about time for a reverse, or at least a correction. Anyone agree?

[Dumas]

Seeing the M pattern on the Yen pairs 4h charts. It was the similar but opposite W pattern right before the shoot up. I think its about time for a reverse, or at least a correction. Anyone agree?

I have a bit of a dilemma with this, odell. For one thing, the Yen is obviously weak as a kitten lately, so IMO any correction is gonna be brief. The other is that we'll be in the Asian session for the next 5-6 hours, which CJ advises us not to trade. I want to trade that beautiful M pattern but it just doesn't feel right. I'd love to hear CJ's opinion.

Not to mention, the Daily candles are screamin' continuation to me.

Edit: Having said all that, I did just scalp a few pips on a short.