The Captains Chest - Naked Trading & Other Stuff

rambo06 · Post by **rambo06** » Thu Apr 19, 2018 9:43 pm

GBPJPY

For those who are interested, flip through a few different Daily charts .. You may just find another pair leading this one around, tipping their hand before every move like a novice cards player.

R.

fundi · Post by **fundi** » Thu Apr 19, 2018 10:01 pm

rambo06 » Fri Apr 20, 2018 12:43 am wrote:GBPJPY

For those who are interested, flip through a few different daily charts .. You may just find another pair leading this one around, tipping their hand before every move like a novice cards player.

R.

I thought it looked like something I've seen before!

But I still can't place it :/

Please throw a clue bone our way :hi: !

fundi · Post by **fundi** » Thu Apr 19, 2018 10:02 pm

I think Silver is currently leading Gold

20180419_xagusd_m30_leading_xauusd.png

20180419_xauusd_h1_lagging_xagusd.png

.

rambo06 · Post by **rambo06** » Thu Apr 19, 2018 10:05 pm

Some longer term ..

I typically keep one account strictly for long term plays and a few others for intraday & intraweek trades..

R.

pdaji · Post by **pdaji** » Fri Apr 20, 2018 11:03 am

rambo06 » Fri Apr 20, 2018 4:43 am wrote:GBPJPY

For those who are interested, flip through a few different Daily charts .. You may just find another pair leading this one around, tipping their hand before every move like a novice cards player.

R.

You've provide good examples on M15, timeframe that I'm not really used to. Would you kindly give a little advice for me on CADJPY? I'm still confused how to differentiate between Spread Widening, Stop Hunt, or a "REAL" Move? Should I hold onto this position? Or is it a Stop Hunt that'll lead to second leg of an M?

Thank you in advance rambo06.

Fadz

20042018-CADJPY.jpg

edit: I'm closing this, in a state of doubt, profit is profit

rambo06 · Post by **rambo06** » Fri Apr 20, 2018 11:54 am

fundi » Thu Apr 19, 2018 10:02 pm wrote:I think Silver is currently leading Gold
.

Your backwards boss. Take another peak at your pics.

R.

rambo06 · Post by **rambo06** » Fri Apr 20, 2018 12:00 pm

pdaji » Fri Apr 20, 2018 11:03 am wrote:
You've provide good examples on M15, timeframe that I'm not really used to. Would you kindly give a little advice for me on CADJPY? I'm still confused how to differentiate between Spread Widening, Stop Hunt, or a "REAL" Move? Should I hold onto this position? Or is it a Stop Hunt that'll lead to second leg of an M?

Thank you in advance rambo06.

Fadz

edit: I'm closing this, in a state of doubt, profit is profit

My advice would be if ever you are unsure during a trade that is in profit with a session switch upcoming, book the profit and wait to see what lines get crossed and which sculptures they present next..

Remember, there is a fine line between understanding what is coming and sticking it to them versus getting greedy and gambling on a chance trade..

Good Luck,
R

rambo06 · Post by **rambo06** » Fri Apr 20, 2018 3:51 pm

pdaji » Fri Apr 20, 2018 11:03 am wrote:
You've provide good examples on M15, timeframe that I'm not really used to. Would you kindly give a little advice for me on CADJPY? I'm still confused how to differentiate between Spread Widening, Stop Hunt, or a "REAL" Move? Should I hold onto this position? Or is it a Stop Hunt that'll lead to second leg of an M?

Thank you in advance rambo06.

Fadz

edit: I'm closing this, in a state of doubt, profit is profit

Here is a little deeper analysis of what I would have been noticing if I were monitoring the pair at the time..

Also, I don't think a picture is necessary to see which level we are at..

Have fun.
R.

pdaji · Post by **pdaji** » Fri Apr 20, 2018 4:14 pm

rambo06 » Fri Apr 20, 2018 10:51 pm wrote:
pdaji » Fri Apr 20, 2018 11:03 am wrote:
You've provide good examples on M15, timeframe that I'm not really used to. Would you kindly give a little advice for me on CADJPY? I'm still confused how to differentiate between Spread Widening, Stop Hunt, or a "REAL" Move? Should I hold onto this position? Or is it a Stop Hunt that'll lead to second leg of an M?

Thank you in advance rambo06.

Fadz

edit: I'm closing this, in a state of doubt, profit is profit
Here is a little deeper analysis of what I would have been noticing if I were monitoring the pair at the time..

Also, I don't think a picture is necessary to see which level we are at..

Have fun.
R.

I see. I was confused by the HOD that was painted within the asian range, that make me assume that it's part of the distribution. Luckily i realized the RRT on H4, just before the drop. Lesson learned, always look at higher timeframe. Thank you R, hopefully I will catch up to your level of wisdom soon.

Fadz

rambo06 · Post by **rambo06** » Fri Apr 20, 2018 4:20 pm

pdaji » Fri Apr 20, 2018 4:14 pm wrote:
I see. I was confused by the HOD that was painted within the asian range, that make me assume that it's part of the distribution. Luckily i realized the RRT on H4, just before the drop. Lesson learned, always look at higher timeframe. Thank you R, hopefully I will catch up to your level of wisdom soon.

Fadz

You must use everything at your disposal. Always get a little picture and big picture view before entering.. Also, observe where you are within the levels and what lines are in close proximity that they can cross to gain liquidity..

That is a Japanese pair so it will normally range a little wider throughout the Asian session.

Enjoy.
R