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| The Captains Chest - Naked Trading & Other Stuff https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572 |
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| Author: | desibaba [ Wed Feb 10, 2016 10:06 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thanks Sympathy for showing us your method of analysis Looking at CADJPY on the daily chart I noticed that it has completed level 3. It may be forming a W on the daily chart. Anyone have any opinions? |
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| Author: | forex23 [ Wed Feb 10, 2016 11:03 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thank You Sympathy |
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| Author: | eaymon [ Wed Feb 10, 2016 11:14 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
looks like an M might form on GBPUSD below previous level 3... |
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| Author: | eaymon [ Wed Feb 10, 2016 11:23 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
ty for spending the time educate us |
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| Author: | desibaba [ Wed Feb 10, 2016 11:26 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I am with you on this one. I like the size of the pins that formed. |
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| Author: | eaymon [ Wed Feb 10, 2016 11:52 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I am watching it as well... im trying to see if it drops to hit the weekly ranges and for a strong reversal candle pattern |
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| Author: | desibaba [ Wed Feb 10, 2016 11:59 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Ya the weekly line I have drawn is still below where I entered. If it does drop and reverse from there than thats fine as I do not have a stop loss in at this point. |
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| Author: | desibaba [ Thu Feb 11, 2016 2:42 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
EJ is around the weekly support line now Hopefully it starts doing what we want it too I plan to add another position |
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| Author: | ncoyte [ Thu Feb 11, 2016 6:33 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
They are doing the normal manipulation by extending the push a bit further on the EJ. This is the time they start taking out traders SL and shaking em off until they are ready to drive down to their final destination while stacking profit for themselves. This is broad day light robbery by the Fox, Lol. Aren't Fox smart? |
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| Author: | desibaba [ Thu Feb 11, 2016 6:45 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Well I am not panicking. I know price will reverse after an extended down move. I will add another position once the pair gives me a reason too. EURUSD looks interesting on H1. You seeing a potential M on that level 3 too? I will take it if it starts going down. |
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