The Captains Chest - Naked Trading & Other Stuff

Post by **waza** » Wed Jun 01, 2016 9:51 am

remora, remember the key to this is wait for the signals, don't jump in too early. the fox is cunning.

remora · Post by **remora** » Wed Jun 01, 2016 9:54 am

waza » Wed Jun 01, 2016 9:51 am wrote:remora, remember the key to this is wait for the signals, don't jump in too early. the fox is cunning.

Any other signal to observe besides the W/M? and how do we know if it's a false W/M? How to distinguish the real one and the trap?

Post by **szfxtrader** » Wed Jun 01, 2016 10:02 am

Zoltr1x » Wed Jun 01, 2016 8:35 am wrote: Eur/Gbp looks more promising but Eur/Aud sell could work if price hit minor support and they trap enough buyers.

If the pair(EA) can at least repeat today's L(1.52380) is fine. : )

Zoltr1x · Post by **Zoltr1x** » Wed Jun 01, 2016 10:18 am

szfxtrader » Wed Jun 01, 2016 10:02 am wrote:
If the pair(EA) can at least repeat today's L(1.52380) is fine. : )

Yes but first we need entry signal D; there are a first sings of exhaustion but I still wait for at least nice pins, stop hunt or M.

Post by **sympathy** » Wed Jun 01, 2016 4:49 pm

GCAD coming home

Zoltr1x · Post by **Zoltr1x** » Wed Jun 01, 2016 5:30 pm

No entries for me today, I've seen only how they trap traders, both "bulls" and "bears". Maybe after Sydney open.

ncoyte · Post by **ncoyte** » Wed Jun 01, 2016 7:37 pm

GBPNZD

ncoyte · Post by **ncoyte** » Wed Jun 01, 2016 7:38 pm

NZDUSD

Yigrashill · Post by **Yigrashill** » Wed Jun 01, 2016 7:48 pm

How do you think longs on the EUR/USD ? I see W on the bottom.

The internal trend line, hmm... is it work ?

Long.png

Yigrashill · Post by **Yigrashill** » Wed Jun 01, 2016 7:53 pm

Zoltr1x » Tue May 31, 2016 11:45 pm wrote:Yigrashill man levels are only a one part of this "method" you need to look where price is going and how price behave, on G/U there was level 3 and also a strong "common ground" + multisession M, they just set a trap for traders who took long trades as you, at G/J there was level 3 and also a nice big ABC. I just can't understand why do you still average down losing positions. Just chill and don't overcomplicate this

Sometimes I do not see, or I do not know it is right. Perhaps I might want to see a perfect formations, but fortunately turned positions which lost it worked out and I'm on zero. :youknow:

Regards :hi: