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The Captains Chest - Naked Trading & Other Stuff
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Author:  Bippo [ Wed Dec 09, 2015 9:32 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
..and what do you think about this
is it correct to say we are currently in lv 3(rising) for EURAUD ?
and the same question about TP..what do you use for TakeProfit target?

thx for the help

edit= thx for your quick reply,much appreciated
Author:  PipTrawler [ Wed Dec 09, 2015 9:44 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
sympathy » Wed Dec 09, 2015 8:53 am wrote: Everything you wrote is correct but for EU we are almost in level3 now, so we should be planning for sell soon. there are some pairs that don't range especially in level2 they normally move straight away and you don't need to trade them. trade the top/low for good entries. 3pushes makes one level in 1hr/15mins time frame ok.

Thanks Very much Sympathy you are a gentleman :good:

Here is my 15 min chart EU now will be looking for clues on this and 5 min chart for entry.
CLUES.png
Author:  Tom822 [ Wed Dec 09, 2015 10:00 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Question to Sympathy - you are really good in recognizing levels so I have question about AUD/USD. I noticed that yesterday AUD/USD reached 3rd level in downtrend. Moreover, yesterday on the end of day on M15 chart there was visible a "W" pattern, so why this pair still is going down ? Any clues ?
Author:  InfiniteLoop [ Wed Dec 09, 2015 10:22 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Tom822

That wasn't 3rd level and there was no W
Author:  Tom822 [ Wed Dec 09, 2015 10:35 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Thx, so which one level is forming now on AUD/USD ? The 2nd level ?
Author:  Centrefix [ Wed Dec 09, 2015 10:43 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Many thanks InfinateLoop on the GU analysis yesterday. Held on for ride and just closed at 50% up for the week......You and Sympathy rock! :yahoo:
Author:  InfiniteLoop [ Wed Dec 09, 2015 10:46 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Tom822 » Wed Dec 09, 2015 10:35 am wrote:Thx, so which one level is forming now on AUD/USD ? The 2nd level ?
Look I am no expert, so wait for Sympathy to give you advice, but I think this is the state:

yesterday there was a SH of a sort, today will be the bottom for NZDUSD and AUDUSD,
remember there are news comming in the evening/start of the new day
Author:  InfiniteLoop [ Wed Dec 09, 2015 10:49 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Centrefix » Wed Dec 09, 2015 10:43 am wrote:Many thanks InfinateLoop on the GU analysis yesterday. Held on for ride and just closed at 50% up for the week......You and Sympathy rock! :yahoo:
GBPUSD has still a long way to go, and if you took the trade at 1.4956, then that's a great position to be in
Author:  PipTrawler [ Wed Dec 09, 2015 11:06 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Hi guys we possibly on level 3 now, pins on 15min chart and maybe we get an M ? I am now looking to short this little pullback.
Could be.png
Author:  InfiniteLoop [ Wed Dec 09, 2015 11:20 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
PipTrawler » Wed Dec 09, 2015 11:06 am wrote:Hi guys we possibly on level 3 now, pins on 15min chart and maybe we get an M ? I am now looking to short this little pullback.
EURUSD will change direction, believe it or not this short move up for past 3 days was more acc. of long orders on long term scale, that's the reason why it's so short and slow

SELL EURUSD, if you can get price at 1.0943, or even 1.0917 is still good
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