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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: | Thunder123 [ Tue Mar 08, 2016 5:04 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I'm looking to short eurusd and gbpusd after break of high. |
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| Author: | desibaba [ Tue Mar 08, 2016 7:53 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Watching USDJPY USDJPY may be forming a W on lower time frames and may be on level 3 on daily so things line up. |
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| Author: | waza [ Tue Mar 08, 2016 8:18 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Desibida i think your right. look |
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| Author: | szfxtrader [ Tue Mar 08, 2016 8:37 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hello! AJ has formed a nice M on H1, I have a sell limit @ 84.24 |
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| Author: | waza [ Tue Mar 08, 2016 11:28 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
ok guys here's a trade that i thought was going to go down more, so as the Captain says take whats giving i could have made a very nice profit but came out just aboout BE. |
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| Author: | szfxtrader [ Tue Mar 08, 2016 1:13 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hi, I am long GU @ 1.42068, what do you guys think about that? |
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| Author: | fisheggs [ Tue Mar 08, 2016 2:29 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I can see "w" and "M " everywherey but i struggle to count the levels. Is someone who has had a similar issue advise on what helped in understanding the levels? Thanks |
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| Author: | imp [ Tue Mar 08, 2016 6:16 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Count your levels, mark them and post here. Somebody will give you their insight. Everyone can benefit from that i guess. These past two weeks, there are accumulation everywhere. Something bound to happen sooner or later. I think that is why youre struggling. Only up by 15% this week though. Tough week. |
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| Author: | eaymon [ Tue Mar 08, 2016 6:34 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
so here is an example that ive been curious about... I was following the levels as well for ECHF and there are mixed signals... yesterday we had the end of level 3 and a strong M... we had some movement and then the level came back to the same point. Today we have a clear W.... So is it that : a.) level 1 of the downward movement is done, there was a strong retracement back to the level for the next leg... we should maintain the course of action that this will continue all 3 levels downward.. the W was a fake or b.) a W showed up at the end of some retracement and it resets and we should focus on buying instead? |
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| Author: | imp [ Tue Mar 08, 2016 6:57 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
My view is, there is a strong support on h1 where the price rebound and h4 already finished 3 levels down. It is either the price will make big w on h4 which the price will drop or heavy accumulation on h4 before moving the price up. I am more to heavy accumulation |
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