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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: | kwanann [ Mon Dec 02, 2013 2:40 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
could be, like i said, wait for the other ear to form |
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| Author: | Dagu [ Mon Dec 02, 2013 4:35 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Watch EUR/USD and GBP/USD fox preparing to fall |
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| Author: | kwanann [ Mon Dec 02, 2013 7:09 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
i would rather wait for pins to form and then go long.. |
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| Author: | Nipponho [ Mon Dec 02, 2013 4:04 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
kwannan de barbrian, i thought we are supposed to trade away from peak formation and not towards it? I find m & ws analysis is very subjective, different people see differently. Same for level counting, not so simple and straight forward. |
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| Author: | kwanann [ Mon Dec 02, 2013 9:40 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Nipponho For me, its simply a replay of the pattern of GU from around 2 months back.. As for the rest, it all depends on the TF you are looking at. A M on the M15 can play out to a L2 on the H1 to a L1 on the H4 to a W on the D1 etc... The trade duration also matters as well, for a M15, go ahead and take a short if u see the M. In this case i dont see much of any M, just a spike high to capture the longs, torture them by reversing 60 or so pips (probably to MC some traders) This *should* be followed by an eventual spike LOW and then reverse back into uptrend on the higher timeframes I'm only looking for a short at 1.68, anything below for me is still a long position Cheers |
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| Author: | djhenry1981 [ Mon Dec 02, 2013 9:57 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Which TF do you mean? |
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| Author: | kwanann [ Mon Dec 02, 2013 10:10 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
M15 and above.. I'm using H4 to illustrate, but the pattern playout is the same in the other TF. arrow indicates rough location of current pattern playout |
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| Author: | djhenry1981 [ Mon Dec 02, 2013 10:52 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
Thanks mate, it's clear as day now! |
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| Author: | SteveHopwood [ Tue Dec 03, 2013 11:35 am ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
I am asking those of you who have not already seen this post http://www.stevehopwoodforex.com/phpBB3 ... =10&t=3302 to read it please. |
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| Author: | Nipponho [ Tue Dec 03, 2013 4:41 pm ] |
| Post subject: | Re: The Captains Chest - Naked Trading & Other Stuff |
NY time 11.40am. GBPCad 3 legs. Many pins on m15 |
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