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The Captains Chest - Naked Trading & Other Stuff
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572
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Author:  Captain Jack [ Tue Jul 23, 2013 2:13 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

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

CJ
Author:  kwanann [ Tue Jul 23, 2013 3:36 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

Trapping Pins..
Author:  banteka [ Tue Jul 23, 2013 4:53 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

kwanann wrote:
banteka wrote: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...
Author:  kwanann [ Tue Jul 23, 2013 5:15 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

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
Author:  banteka [ Tue Jul 23, 2013 5:40 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

kwanann wrote: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:
Author:  McNish [ Tue Jul 23, 2013 6:41 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

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, :)
Author:  eltax100 [ Tue Jul 23, 2013 6:57 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

Hi McNish

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

Barron
Author:  kwanann [ Tue Jul 23, 2013 7:05 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

McNish wrote: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 :lol:

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

K
Author:  Captain Jack [ Tue Jul 23, 2013 8:25 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

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

CJ
Author:  mjws00 [ Tue Jul 23, 2013 9:01 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff

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
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