The Captains Chest - Naked Trading & Other Stuff

[Captain Jack]

Giving this one a go with a little larger SL should the Fox see fit for one more sales pitch lower....

CJ

[kwanann]

Trapping Pins..

[banteka]

EU:
Pinbars in the upper are longer than those in the bottom. Longs and shorts are both trapped.
But as upper pinbars are larger, I think that the FOX has a BEAR skin. So, first, he has to 'shake the SHORTS' and then the LONGS. This way, first there will be a BULLISH movement but not as high as the HOD. Then, the true reversal of the day: a BEARISH movement...

Look carefully... Are you sure it's a bear?

Or is it.. Accumulation?
K

Oopppss... I should study a bit more...Next time I'll be more careful. Thanks kwanann.
But, those larger pins with volume...Don't they reveal BEARISH activity?
I'm thinking in a short term, of course.
Look at this please...

[kwanann]

Erm.. profit taking by the foxes..

I'm trading using my phone so it's kinda crippled.. replies will also be short. . Later theni draw up the chart for you guys.. Anyway don't get tricked by the potential m forming on gu

[banteka]

Erm.. profit taking by the foxes..

I'm trading using my phone so it's kinda crippled.. replies will also be short. . Later theni draw up the chart for you guys.. Anyway don't get tricked by the potential m forming on gu

I see GU as a twin brother of EU:

[McNish]

Trying my best to keep up with all the current and the past reading. But thread keeps running ahead faster than i can catch, i'm sure it's just me.
For all the new one's trying this thread, it's best to start at both ends, Beginning & Current.

Do keep pitching in with potential trades, makes life much easier for us NB's here.

Cheers,

[eltax100]

Hi McNish

I have updated the thread summary on Dropbox https://www.dropbox.com/sh/dxgt5h2fh6mc ... ding%20PDF

Barron

[kwanann]

Trying my best to keep up with all the current and the past reading. But thread keeps running ahead faster than i can catch, i'm sure it's just me.
For all the new one's trying this thread, it's best to start at both ends, Beginning & Current.

Do keep pitching in with potential trades, makes life much easier for us NB's here.

Cheers,

Max

Just start from Page 1 and slowly slurp up the goodness, take ur time, no hurry

Anyway seems like the beginning of W formation on GU and EU

K

[Captain Jack]

Best be careful on the EURUSD pair...the pattern remains the same but with some additional distortion tossed in for confusion...

CJ

[mjws00]

I thought the short looked nice on EU and GU. Nice little blow off bull trap. Two tests of ~1.3200. Around 3 day cycle. If HOD or even yesterday LON/NY high holds could be nice, with a chance for continuation, and straightaway tomorrow. Been short a while. Waiting on solid break of 1.3180.

I'll be out quick and ~BE if wrong. Add like a mofo if it runs.

Nice to see ya around a bit, CJ.

Mike