The Captains Chest - Naked Trading & Other Stuff

[intcust]

I don't see the barf but I always mess those up

[intcust]

buy limit on e j at 141.35

[Dagu]

GBP/USD in action

Screenshot_1.jpg

accumulation on USD/JPY
I will try to predict the move

Screenshot_2.jpg

[intcust]

e j trade hit profit target. Could not tell which way the fox was going so I missed run down. It looked like in the 15 min form Friday that all three levels and pushes were hit. I guess that was only the first level for the 1 hour chart. The usd yen looks almost the same as the e j. So I guess it should have fallen yesterday as well. I have not checked that pair. Based on that e j should move down one more time this week. I hate to sell into such a strong uptrend but that is the thinking the fox likes so sell I must.

[intcust]

here it is e j sell limit 141.52 take 140.58 stop 141.75 if stopped I will probably take long looking for around 142.20 area. But what do I know I am always wrong.

[MattK]

EURGBP----at a significant level on the 4hr,1hr charts and forming a nice W on the 15min. Dropped well below its ADR and lots of RR's.

[daje]

EURGBP--looks like a BARF setup, except it is not at an extreme. Any thoughts.

Hi Matt

Suggest you check out the link given by Bluto at the attached:
http://www.stevehopwoodforex.com/phpBB3 ... 031#p57031

Just like this thread, its quite a read. I cant see a BARF in the chart you posted, the last couple of dozen bars show a similar shape but the lead in volume rule is not followed so not a BARF. But the doc may give you further insights cheers.

[MattK]

Thanks daje---that's perfect!!!!

[intcust]

e j trade sell tanked but the buy on up side hit so overall plus

[Captain Jack]

Merry Christmas and happy holidays to all!

CJ