The Captains Chest - Naked Trading & Other Stuff

[seanyd]

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

EURUSD H4

EURUSD.PNG

EURUSD M15

EURUSD.PNG

USDCAD

USDCAD.PNG

Thanks Kwanann nice trades ,On the EU I see a smaller version of the pattern on the 15 , is that what you mean ? ,
Do not understand the volume though , is it divergence or something to do with Barf ?

[kwanann]

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

EURUSD H4

EURUSD.PNG

EURUSD M15

EURUSD.PNG

USDCAD

USDCAD.PNG

Thanks Kwanann nice trades ,On the EU I see a smaller version of the pattern on the 15 , is that what you mean ? ,
Do not understand the volume though , is it divergence or something to do with Barf ?

Haha i'm still in the red though, the EA i created yesterday seems to be doing wayyy better than me.

Oh thats trapping volume, notice the high volume comes in right at the bottom, this shows that they are buying rather than selling. Then the trapping is where the pins doesnt really go back to previous lows anymore.

Just had another trapping volume on the M15, go take a look

[kwanann]

Yeah the pairs are moving!

Oh ya forgot to include in the yen diagram, but it should be pretty obvious if u compare the crude markup i have with those of the yen pairs

Nothing secret about the EA, its just trading pure 10.5, you can find it http://www.stevehopwoodforex.com/phpBB3 ... =44&t=2488

The 10.5 version will be publicly available, its for me to update my skills in writing EAs again.

What will not be public will be my implementation of CJ naked trading, i.e the EA will be able to figure out the W, M, pushes, levels, trapping volume etc

[kwanann]

Nice TP off gJ, got more trades down, think trading pivot points is possible for hands off

Just TP everything, 5% in my acc

Now.. How many of you were conned by the fakes off those pairs I posted

[CCCGAMING]

yen got reset because? its done with level 3? so level 3 become 1?

[kwanann]

CCCGaming, it all depends on the TF you are looking at..

Also.. even if its at level 3.. it still needs to build the W before it can go up..

[kwanann]

Possible W for USDCHF?

[xrismak]

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

EURUSD H4

EURUSD.PNG

EURUSD M15

EURUSD.PNG

USDCAD

USDCAD.PNG

Kwannan D Babarian,

Yeah you are kind of Spot On, hehehehehehehehehe, I see that you have been Busy Trapping the Fox, good Job, I took a Bit off the Fox yesterday too, today I really haven't traded much, been starring at the Charts with itchy Fingers.

Happy Trading Y'all
xrismak

[xrismak]

Some trades to look forward to this week

EURUSD - BUY, H4 level 1/2
GBPUSD - BUY, H4 level 1 /2
USDCAD - SELL, H4 just started
Yen pairs - SELL, H4 level 1, got reset so look for more downward motion
USDCHF - SELL to bottom of possible W formation or wait for W formation and buy

Kwannan D Babarian,

You were kind of Right on your analysis of the EU, it does not wanna bite but I will take my time and flow Down with it as in a Short/Sell Trade when the time is right. You can see that I am cautious with my lot Sizes because the Run is almost over, I like to have time on my side to Enable my Trades to Breathe when I trade the H4 timeframe.

Happy Trading Y'all

xrismak

[kwanann]

Xrismak, yup I'm waiting for the m to form as well, but so far nothing saying its coming so it's still long for me, didn't expect much yesterday since its a Tuesday. Let's see what the charts say today