The Captains Chest - Naked Trading & Other Stuff

Post by **rewand** » Fri Oct 28, 2016 7:23 am

S&P500, USDJPY

jksynergyworks · Post by **jksynergyworks** » Fri Oct 28, 2016 7:46 am

Thanks for your USDJPY chart. I certainly look forward to the formation of PH. Hope you got it correct. I have a short position open and still waiting for the price to drop.

rewand » Fri Oct 28, 2016 3:23 pm wrote:S&P500, USDJPY

eresz · Post by **eresz** » Fri Oct 28, 2016 7:47 am

rewand » Fri Oct 28, 2016 7:23 am wrote:S&P500, USDJPY

still wondering why one pair should follow another? because the patterns repeat?!?

OMEJEVN · Post by **OMEJEVN** » Fri Oct 28, 2016 7:58 am

@ thread pls helpwhere do we expect accumulation,breakout to 3 level then m or w is it on daily bases or after 3rd level thanks :

Post by **rewand** » Fri Oct 28, 2016 8:16 am

eresz » Fri Oct 28, 2016 7:47 am wrote:
rewand » Fri Oct 28, 2016 7:23 am wrote:S&P500, USDJPY
still wondering why one pair should follow another? because the patterns repeat?!?

These ones are unrelated in terms of patterns in our usual TFs, it is a macro thingy. I posted on the S&P500 crash several times. Check them out. As a continuation, I just gave another reason for the USDJPY to fall soon. I am in UJ short position already based on M5 "M" but M15 "M" is being formed, I just did not want to miss the oppotunity in case of a straightaway move down.

jksynergyworks · Post by **jksynergyworks** » Fri Oct 28, 2016 8:17 am

Could someone advise if my find is worth something?

The Empty box pattern seems to follow the Coloured box.

GOLD-WK1-161028.png

Post by **rewand** » Fri Oct 28, 2016 8:34 am

OMEJEVN » Fri Oct 28, 2016 7:58 am wrote:@ thread pls helpwhere do we expect accumulation,breakout to 3 level then m or w is it on daily bases or after 3rd level thanks :

It is on the chart, one can argue the level count on M15 saying we are on L2 but if you look at the H1 chart I thing the upmove is done. Waiting 30-90 minutes after the BO and we have the HOD, seems tradable to me. You can look for clues on EURJPY, pushing up after L3 to form M.
Off I have to go, be back on Monday.

Post by **rewand** » Fri Oct 28, 2016 5:45 pm

I hope you guys are happy now. UJ and S&P both acted as expected. Closed my trades, enjoy your weekend.
A.

Rinehart · Post by **Rinehart** » Fri Oct 28, 2016 6:04 pm

Excellent call rewand.

Silweri · Post by **Silweri** » Fri Oct 28, 2016 7:25 pm

jksynergyworks » Fri Oct 28, 2016 10:17 am wrote:Could someone advise if my find is worth something?

The Empty box pattern seems to follow the Coloured box.

Nobody's gonna listen to me, but my opinion (regarding weekly timr frame as you posted) is to add more shorts until level 1200.000 is hit. Puolback there (Many even rewerse) and possible continuation to 1106.000.

So my opinion; better to be short than long...