The Captains Chest - Naked Trading & Other Stuff

[CCCGAMING]

so since its the peak formation low.. our bias on sunday is only long right?

[seanyd]

so since its the peak formation low.. our bias on sunday is only long right?

I think maybe they will push it down one more time form a W or H and s on the 4hr to trick everyone short since they usually start the week/day/session in the wrong direction , but this is only speculation and as CJ says trade what you see not what you think ... The fox trades in both directions we should too , Its all about the money what way the contracts are built up . Although there are nice pins on the 4 hr and I think this was the entry to go long ? I am sure the 4 hr traders xrismak ,kwanann and Mike will know better as I am only studying the 15min at the moment .

[CCCGAMING]

so since its the peak formation low.. our bias on sunday is only long right?

I think maybe they will push it down one more time form a W or H and s on the 4hr to trick everyone short since they usually start the week/day/session in the wrong direction , but this is only speculation and as CJ says trade what you see not what you think ... The fox trades in both directions we should too , Its all about the money what way the contracts are built up . Although there are nice pins on the 4 hr and I think this was the entry to go long ? I am sure the 4 hr traders xrismak ,kwanann and Mike will know better as I am only studying the 15min at the moment .

Thanks you, anyway do you enter on the second pin? Imm also waiting for 1 more push.. but I guess the mm want all the tradersmto be trap on weekends.

[seanyd]

Thanks you, anyway do you enter on the second pin? Imm also waiting for 1 more push.. but I guess the mm want all the tradersmto be trap on weekends.

Yeah I enter on the second pins RRT and H & S , check out Eur/Usd and Usd/Chf their was nice entries on them as well on Friday , I missed them , too busy s****ing myself on Usd/jpy

[kwanann]

Kinda fast turn around for eu, will sit back and wait for a pattern to develop. In the meantime, going to try and crystallize my trading rules into an EA and see if I can get something up

[CCCGAMING]

Thanks you, anyway do you enter on the second pin? Imm also waiting for 1 more push.. but I guess the mm want all the tradersmto be trap on weekends.

Yeah I enter on the second pins RRT and H & S , check out Eur/Usd and Usd/Chf their was nice entries on them as well on Friday , I missed them , too busy s****ing myself on Usd/jpy

is that level 3 thats why you short? or theres other reason why you take it ?

[seanyd]

Is that level 3 thats why you short? or theres other reason why you take it ?

Yeah I think thats level 3 , 3 x adr , near the HOD,ADR high , 1.33000 , I trade both ways on the 15min although I am trying to work out the 4hr trend to see if I can exit 1 way on the 15 and enter the long term on the 4hr .

[rosst]

Some nice pins on the Daily USDJPY - maybe we can get a nice fox move to retest the pins?

[CCCGAMING]

any pics kwanann for us to understand it more clearer? thanks in advance

[kwanann]

EURUSD is a bit fuzzy, the clue is in the M15

EURUSD H4

EURUSD.PNG

EURUSD M15

EURUSD.PNG

USDCAD

USDCAD.PNG