The Captains Chest - Naked Trading & Other Stuff

[xrismak]

They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

GBPAUD just touched the downtrend trendline on the M15 and it continued it way down. entered a position there, i'm expecting possible DD, but since this is a H4 trade, anything goes..

as for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

Hello Kwannan D Babarian,

Well I took this one Live, I have since Closed all for Profit, waiting for the Retracement before I go back short Again.

Happy Trading Y'all
xrismak

[kwanann]

woah cool!

How did u figure to take that trade? Purely based on the pins?

[ycchai]

Hey guy

EJ today valid for the "w" setup right?
I'm not sure i get it or not

[seanyd]

They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

As for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

I did the same had 3 positions at the bottom took 2 off now in profit
was worried about your position , good job you had enough margin to cover it.
I think this is were money management comes into play to get yourself out of a tricky stop hunt,
this is why I mostly trade the 15 min , a stop hunt on the daily , some difference than a stop hunt on the 15min
Here are my mistakes

audchf_ukm15recovery.png

[Wapen]

Hi All,

My first post on this thread.
Looking at the EURUSD weekly chart it seems that there are a W formation. Any coments.

[kwanann]

They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

As for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

I did the same had 3 positions at the bottom took 2 off now in profit
was worried about your position , good job you had enough margin to cover it.
I think this is were money management comes into play to get yourself out of a tricky stop hunt,
this is why I mostly trade the 15 min , a stop hunt on the daily , some difference than a stop hunt on the 15min
Here are my mistakes

audchf_ukm15recovery.png

Wow nice, you got the pins

Interestingly the w for audchf is still in play. I guess the stop hunt yesterday was to ramp up the volume. Guess its going to be a big push up today

[cfudge]

LOOKA LIKA DRAGON USDCHF 1H. Chris

usdchf dragon.jpg

[xrismak]

Level 3 in the works here in USD/CHF H4? RRT formed in Daily today.

Regards,
Raj

Singk,

Maybe you want to Look Closer ! The Move's just Begun and I am Trading it Again Live

El Capitaine CJ, A Zillion Thanks to your Goodself for I am Beginning to learn to Trade the Retracements too.
You are a GIGANTILUS.

Happy Trading Y'all

xrismak

[MurphyMan]

Have a look at AUDCAD W1. Is that solid support, or what?

[cfudge]

Hi all, am I even close on the levels on daily USDCHF, I am discussing this with someone and need a third party perspective please. Thanks, Chris.

usdchf daily levels.jpg