The Captains Chest - Naked Trading & Other Stuff

[michosz]

And I have trade on USD/JPY

[botrak]

It seems like we all got it but I'm worst at stacking orders

[intcust]

Not good at doing charts. I stumbled on something that really seems to work haven't quite figured out stops yet so 100 pips might be to much. But it was a basic double bottom after a long drop so a retrace is in order that is simple view. Remember the second sell did not hit the 100 pips on the trade before this one that I posted. It is a enhanced CJ move. A chart would not do any good because I have nothing on the chart. I like how everyone is stacking orders I wish I was better at that.

buying e u looking for around 100 pips

Hey intcust,

Any chance of a chart please? + logic

Cheers

[dudest]

... A chart would not do any good because I have nothing on the chart...

Not that I expect to see fancy stuff pasted all over your chats; A picture is worth 1000...

Cheers

[ciliano]

I got some good sells on AUDJPY, GBPJPY and CADJPY over the last week and a half. JPY strength made those pairs drop pretty hard.

Also, want to reiterate once again that Al Brooks is excellent. Close to finished with one out of the three books and have learned quite a lot.

[Geges]

I started getting long NSDJPY over two weeks ago
@ levels 2 & 3 I annotated on the attached screen shot
Its been awhile since I done this type analysis but its worked
for me in the past so today I decided to have a go to help me
decide to bail or load up the canons. I'm hoping history repeats
as you can see...if not I'll close out @ a sustained break of recent support.
It's a H4 chart so I expect this to take at least another week or more to play out.
FWIW I only build a position and trade like this as a carry trade.
Anyway keep an eye on it...it just may work.

[dudest]

I started getting long NSDJPY over two weeks ago
@ levels 2 & 3 I annotated on the attached screen shot
Its been awhile since I done this type analysis but its worked
for me in the past so today I decided to have a go to help me
decide to bail or load up the canons. I'm hoping history repeats
as you can see...if not I'll close out @ a sustained break of recent support.
It's a H4 chart so I expect this to take at least another week or more to play out.
FWIW I only build a position and trade like this as a carry trade.
Anyway keep an eye on it...it just may work.

Great explanation + chart Geges, makes what you're saying super clear

+ LOL @ maximum warp! That's warp 9.8 for those of us who grew up under the Enterprise-D

Cheers

[Dagu]

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; )

[intcust]

good trades daggerfall. I like the au short and just took it. swiss usd is to early for me but entry's look safe. Good job

[dudest]

; )

Nice :hi: