The Captains Chest - Naked Trading & Other Stuff

Direwolf · Post by **Direwolf** » Wed Dec 10, 2014 8:13 am

NZD/USD H1 looks like repeating the same pattern that happened earlier? Or a bear trap?
Low > High > Lower High > Fall?

2014-12-10_1505.png

dudest · Post by **dudest** » Wed Dec 10, 2014 8:26 am

dudest » Thu Dec 04, 2014 11:43 pm wrote: ..

I still think GBPCHF H4 will go up

20141204_gbpchf_h4_levels_longs.png

20141210_gbpchf_h4_levels.png

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dudest · Post by **dudest** » Wed Dec 10, 2014 8:39 am

Direwolf » Wed Dec 10, 2014 11:13 am wrote:NZD/USD H1 looks like repeating the same pattern that happened earlier? Or a bear trap?
Low > High > Lower High > Fall?

Hi DW,

I could be wrong, but I think it's trapping volume in order to go higher...

20141210_nzdusd_h1_levels.png

20141210_audusd_h1_levels.png

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dudest · Post by **dudest** » Wed Dec 10, 2014 8:50 am

tommiho » Wed Dec 10, 2014 1:22 am wrote:Hi dudest, great of you to hold the fort. Very nice charting.
I was thinking about the AJ too today and what if this was just the stop taking action to go even higher?
When I look at daily and weekly I can't help but see the up trend and when I saw on weekly that 106.65 lvl which if I was a market maker I would love to get there.
I know it's probably the bigger picture of things with jpy weakening but I just can't help myself to think there is still level 3 to come.
We'll see.

Hey Tommiho, good to see you around!

I'm expecting it to retrace at least to Very Big Round Number 100.00 ( or a bit higher, around 61.8 retrace ) then head down for L3

Maybe I'm biased, but noticed something else that's interesting...the rooftop on a house looks complete (!) [ see below ]

Watching...

20141210_audjpy_h8_levels.png

20141210_audjpy_h2_levels.png

.

Direwolf · Post by **Direwolf** » Wed Dec 10, 2014 1:20 pm

Very nice analysis on AUD/JPY, thank you! I agree that this pair would push higher as well before falling, that's what fundamental suggests as well with AUD looking to lower interest rate early next year and money flowing into JPY due to stock market decline. Once the fox got this pair high enough the price could fall hard and even break lower than 98.0. Waiting for this pair to reach 100.0 myself for a short.

blazej · Post by **blazej** » Wed Dec 10, 2014 2:29 pm

Hi all,

Look at this pattern. May it repeat once more? On h4 it looks like buying into strong resistance so I may wait till 1244 area for short. Let's see how the story goes.

blazej · Post by **blazej** » Wed Dec 10, 2014 2:33 pm

For buy somewhere below the channel, 1,23400. If the pattern repeat.

dudest · Post by **dudest** » Wed Dec 10, 2014 3:02 pm

dudest » Mon Dec 01, 2014 10:58 am wrote:
dudest » Sat Nov 29, 2014 8:45 pm wrote:Weekend project: reading the BARF pdf in earnest
Didn't manage to finish, but seems like the good Captn deleted quite a bit of info when guys started implying what he was putting forth was BS.... :/ :/

Finished reading the PDF. Skipped a lot of stuff as was mostly interested in CJ's posts and charts (just like I did with this thread). Most of CJ's charts on the BARF pdf are deleted though....sucks

Anywho, still mulling over the TRICKERY post, and the SAME,SAME BUT DIFFERENT post (related)

Unfortunately, the peeps on the thread didn't quite get involved in the lesson CJ was trying to bring forward, so CJ didn't move on to other advanced stuff ( bummer ). On the plus side, not too long afterwards he started the thread here ( big plus )

The good thing with this stuff is the subconscious mind chews on it on the background, then 'one day' you look at price and go "...wait a minute!...."

My head hurts...need a rest. See you guys later

Direwolf · Post by **Direwolf** » Wed Dec 10, 2014 3:19 pm

It's amazing how ineffective I am at reading the fox lol. Every prediction I made went opposite direction, every trade I took are in negative tonight

Just wait for it, fox. I'll get you one day.

Post by **Reaper** » Wed Dec 10, 2014 3:45 pm

I captured 100 pips on the first move for NZDUSD and got out just at the right time. It was pretty explosive and I was like 100 pips thank you very much sir. I'll take that now.

I had a bunch of stacked orders too.