The Captains Chest - Naked Trading & Other Stuff

Post by **Dagu** » Tue Jul 22, 2014 7:10 am

dudest » Tue Jul 22, 2014 3:24 am wrote:Heads up: there may be another trapping volume formation on XAGUSD D1 and XAUUSD D1 as well, this time BEARISH. Will post charts when I get a chance. Cheers

Monthly charts are easier to map ; )
You wana know where will be silver for next few years ? : D

Screenshot_5.jpg

Screenshot_4.jpg

; )
All best

I will try do a map for H4 but it's a little hard to do ; P

OK it was not so hard ; P

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Grenn pips ; )

dudest · Post by **dudest** » Tue Jul 22, 2014 4:49 pm

daggerfall » Tue Jul 22, 2014 10:10 am wrote:
Monthly charts are easier to map ; )
You wana know where will be silver for next few years ? : D

...

Goodstuff DGF.

Are you using the Fractals idea to map <where it will be in next xxxx time> ?
[ i.e, larger timeframe will play out the way smaller timeframe already played out? ]

Though to be honest, if given a choice, I'd rather know where silver will be in the next 2 days than in the next 2 years

Cheers

dudest · Post by **dudest** » Tue Jul 22, 2014 4:52 pm

dudest » Tue Jul 22, 2014 6:24 am wrote:Heads up: there may be another trapping volume formation on XAGUSD D1 and XAUUSD D1 as well, this time BEARISH. Will post charts when I get a chance. Cheers

Charts.

Whichever way it ends up going ( I'm betting south ), should be interesting

Cheers

==

20140722_xauusd_h4_trapping_volume_bearish.png

20140722_xauusd_d1_trapping_volume_bearish.png

==

20140722_xagusd_h4_trapping_volume_bearish.png

20140722_xagusd_d1_trapping_volume_bearish.png

==

.

Post by **intcust** » Thu Jul 24, 2014 3:43 am

just sold
cable
bought chf usd
sold yesterday e u
shooting for around 60 pips ea more or less

dudest · Post by **dudest** » Thu Jul 24, 2014 8:57 am

dudest » Tue Jul 22, 2014 7:52 pm wrote:
dudest » Tue Jul 22, 2014 6:24 am wrote:Heads up: there may be another trapping volume formation on XAGUSD D1 and XAUUSD D1 as well, this time BEARISH. Will post charts when I get a chance. Cheers
Charts.

Whichever way it ends up going ( I'm betting south ), should be interesting

Cheers

...

After what seemed like a VERY long wait, the metals have come off nicely to the south [ esp Gold, which has also hit its first zone of interest (aka S/R) ]. Gold's early start down gives me further hope that Silver will follow and do the same.

Options I'm prepared for:

a) It busts through the S/R and heads to the next S/R below --> already trailing the SL

b) It pulls back to re-test the area around 1305 ( bottom of the zone it has been consolidating under for past few days ) --> have put a pending sell at 1305 incase this happens

c) It turns around and heads back up to the S/R at entry point --> trailing SL will be taken out and profit booked; sit and wait for next opp

Cheers

20140724_xauusd_h4_trapping_volume_bearish_aftermath.png

.

Post by **intcust** » Thu Jul 24, 2014 1:19 pm

dudest

good call on how to do a trade from start to finish have a plan and trade it

dudest · Post by **dudest** » Thu Jul 24, 2014 4:40 pm

intcust » Thu Jul 24, 2014 4:19 pm wrote:dudest

good call on how to do a trade from start to finish have a plan and trade it

Thanks intcust, really appreciate it.

==

Silver finally got the memo, and powered down. Out of that trade now ( still trailing the Gold one though ).

20140724_xagusd_d1_trapping_volume_bearish_aftermath.png

Cheers

Post by **michosz** » Sat Jul 26, 2014 5:48 pm

Hi,
what do you think?
Is it good pattern ?

Post by **Dagu** » Sat Jul 26, 2014 10:41 pm

michosz » Sat Jul 26, 2014 5:48 pm wrote:Hi,
what do you think?
Is it good pattern ?

Mysle ze bardzo dobry ; ) Smacznego ; )

1.jpg

2.jpg

Post by **michosz** » Sun Jul 27, 2014 2:56 pm

Dziękuję Dagu

Miło, że się udzielasz i to jeszcze w jęzku polskim hahaha
pozdrawiam !