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The Captains Chest - Naked Trading & Other Stuff
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572		 Page 127 of 1600
Author:  Captain Jack [ Tue Mar 26, 2013 8:17 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
nicoacademia wrote:Hi Captain.

what do you think of the Yen pairs now?

They have formed an M shape. they did this yesterday n it dropped somemore.

However overnight we had the big pin to the left.

Your thoughts?

Smaller M into a bigger W?
I'm LONG biased on the YEN pairs....check in 30-45min for "pins" or low formations....

CJ
Author:  nicoacademia [ Tue Mar 26, 2013 8:36 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Captain Jack wrote:
nicoacademia wrote:Hi Captain.

what do you think of the Yen pairs now?

They have formed an M shape. they did this yesterday n it dropped somemore.

However overnight we had the big pin to the left.

Your thoughts?

Smaller M into a bigger W?
I'm LONG biased on the YEN pairs....check in 30-45min for "pins" or low formations....

CJ
yes. they just closed as pins.

wet behind the ears me felt like the hunted when they stop hunted both sides of the book.

hence that question earlier.

usually when the US session speaks. the next session usually follows.

i was thinking as the big red candle formed down.

there's no way they're trying to take down that lower pin. not on no news of nuke landing in the US or something.
Author:  nicoacademia [ Tue Mar 26, 2013 9:10 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
always looks better in hindsight.
130326 ej.png
Author:  Captain Jack [ Tue Mar 26, 2013 9:31 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Not too shabby if I do say so myself.... :lol:

CJ
Author:  Captain Jack [ Tue Mar 26, 2013 9:35 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
My Empty4 is down...going to have to do some work on the POS....back in a bit....

CJ
Author:  nicoacademia [ Tue Mar 26, 2013 9:44 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Captain Jack wrote:My Empty4 is down...going to have to do some work on the POS....back in a bit....

CJ
I guess now less is more unless one has margin to burn.
Im pretty locked in. Opened new positions in the middle of the range.
LOL.
But safe because of the larger orderboard picture.
Those 3 pushes wiped the deck all the way back.

Ben had me at "hello"
Author:  Reaper [ Tue Mar 26, 2013 10:22 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
They holding the pairs till US session, where they can do another stop hunt with the news?
Author:  Captain Jack [ Tue Mar 26, 2013 10:33 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
GBPAUD....

CJ
Author:  Captain Jack [ Tue Mar 26, 2013 10:33 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Trades are set....back in a few hours....

Look for the London-US stop hunts 9-9:30am EST....2.5-3hrs from now....

CJ
Author:  nicoacademia [ Tue Mar 26, 2013 10:53 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Captain Jack wrote:Trades are set....back in a few hours....

Look for the London-US stop hunts 9-9:30am EST....2.5-3hrs from now....

CJ
i bet it's going to be funky.
JPY pairs are bullish. but they're not gonna let anyone hang onto their foxy tail and trail that easily.
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