stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

The Captains Chest - Naked Trading & Other Stuff
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572
Page 487 of 1600
Author:  dudest [ Tue Dec 16, 2014 12:45 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

dudest » Tue Dec 16, 2014 1:14 am wrote:XAUUSD D1:

If price moves in the general direction of the arrows, feel free to ask what this was about

If it doesn't, assume this post never happened :D



.
#SUCCESS :) <arrow 1>
Author:  dudest [ Tue Dec 16, 2014 12:46 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

dudest » Tue Dec 16, 2014 1:48 am wrote:
Angat » Mon Dec 15, 2014 11:08 pm wrote:I've been waiting on the NZDUSD move 3 up all frickin day...I have feeling it will happen between now and tomorrow morning, but I'm pretty fed up watching it.
Accumulating for next move up perhaps..?





.
#SUCCESS :)
Author:  dudest [ Tue Dec 16, 2014 1:16 pm ]
Post subject:  Same Same But Different...

dudest » Tue Dec 16, 2014 12:33 am wrote:
Hi Tommiho

I see:
- BARF-like formations
- Distorted volume traps
- A certain head-and-shoulder-like pattern that happens at S/Rs that's essentially a stop-hunt ( a 'head-fake' )

The couple of times I've noticed it, that head-fake appears as an RRT or a pinbar.
At L3, it's a super sign that price is about to turn
And depending on the time-frame, the 3 points/areas a, b and c can be the extreme points of a BARF (showing exhaustion) [ e.g a=H, b=HH, c=LH ]

Still trying to tie it all together though...

<pattern images>
CJ:
The patterns are the same.... it's not pattern matching, it's pattern recognition.
.
Author:  dudest [ Tue Dec 16, 2014 1:20 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

USDTRY H1: BARF anyone?
20141216_usdtry_h1_barf.png
.
Author:  dudest [ Tue Dec 16, 2014 1:32 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

NZDJPY H4:
20141216_nzdjpy_h4_levels.png
.
Author:  dudest [ Tue Dec 16, 2014 1:41 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

CHFJPY H4:
20141216_chfjpy_h4_levels.png
.
Author:  dudest [ Tue Dec 16, 2014 1:50 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

XAUUSD thoughts:
20141216_xauusd_d1_thoughts_direction_intent.png
20141216_xauusd_d1_thoughts_direction_intent_phase1.png
20141216_xauusd_d1_thoughts_direction_intent_phase1_h4_view.png
.
Author:  dudest [ Tue Dec 16, 2014 1:52 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

XAUUSD thoughts...
20141216_xauusd_d1_thoughts_direction_intent.png
20141216_xauusd_d1_thoughts_direction_intent_phase1.png
20141216_xauusd_d1_thoughts_direction_intent_phase1_h4_view.png
.
Author:  dudest [ Tue Dec 16, 2014 2:10 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

mtl » Tue Dec 16, 2014 1:00 am wrote:guys is not that a similar pattern to the No. 2 - distribution?
Sorry mtl, wasn't sure about what part of your chart you were referring to...

Bummer also about that great SELL that got stop-hunted and stopped out, how crazy is that!?

You didn't want to re-enter when you saw the long wick form after the stop-out? [ that's what I'd have done, and put in DOUBLE the number of lots I used the first time --> THAT now is proper revenge-trading!, make 'em pay! ;) ]

Cheers
mtl_dax_2014-12-15 22-54-06-307.png
.
Author:  dudest [ Tue Dec 16, 2014 2:23 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

tommiho » Tue Dec 16, 2014 2:34 pm wrote:
seanyd » Tue Dec 16, 2014 12:57 pm wrote:Same as UJ a week ago only different ? :ugeek:

Made the same mistakes too :lol:
I don't know Sean, this thing looks like it can go up forever. The oil prices going down. Cad weakening, $ strengthening.
seanyd » Tue Dec 16, 2014 3:03 pm wrote:Wouldn`t be the 1st time I was wrong ,

In at 11650 with 15 pip Stop ,

So see what happens

I'm afraid I'm with Tommiho on this one Sean :/

I think it could go up all the way to 1.1800 to form a HH there before the run down...

It's moved down from 1.1650 though, hope you didn't get stopped out by the spiky candles. Hope it moves down alot more for you

Cheers
All times are UTC Page 487 of 1600