The Captains Chest - Naked Trading & Other Stuff

blazej · Post by **blazej** » Thu Dec 18, 2014 2:58 pm

Hi all,

my takes from today:) Dudest You made my day with that pattern recognition. Thanks.

Post by **seanyd** » Thu Dec 18, 2014 6:58 pm

This looks similar from one of CJ`s posts in Barf

Screenshot (539).png

Screenshot (538).png

Also notice same patterns only distorted

:

Screenshot (540).png

Piter80 · Post by **Piter80** » Thu Dec 18, 2014 8:38 pm

NZDUSD closed with good profit.

USDJPY

USDJPYH1.png

USDJPYD1.png

dudest · Post by **dudest** » Fri Dec 19, 2014 7:46 am

dudest » Thu Dec 18, 2014 11:13 am wrote:
Piter80 » Thu Dec 18, 2014 10:40 am wrote:Thanks Dudest.I know CJ posts I have them in my mind.But my greed is winning:/ I need strong rules.I thing 61 and 73 fibo levels that's good target.
No judgement on you bro, I (we) feel you, it's something every single one of us has to figure out & be content with within ourselves

S/R's (whether horizontal or diagonal (trendlines) or Fibs ) are great places to enter/exit

When you are comfortable with entry, next step is to stack. Nowadays, because of stacking, I don't need HUGE runs; 1 push move is more than enough (& sometimes you get 2 or 3). For example, right now, I have over 20 LOTS on USD shorts (USDJPY, USDDKK, USDCHF). Trading them back to their trendlines is more than enough

Cheers

USD shorts: late update: swung up and down, going several thousands + then several thousands -

Best entries by far were for USDCHF. Entered highest + stacked early

USDJPY co-operated a bit; USDDKK not much; lacked that 'get-up-and-go' (dancing around)

When XAUUSD (Gold) started plummeting, knew it was time to bail. A late high USDJPY and the high USDCHF stacks helped big-time. Exited total 22 lots for a grand loss of just under $500

!

Had the fox by the throat! he got away *this* time, but he'll slip up again...and I'll be there...!

[ LOL! been watching too many 80's action movies! ]

CJ:
Understand clearly that the tools these "somebodies", who I refer to as the Fox, use to move price are also limited. They continue to use the same tools over and over again, because they work, over and over again. That is why patterns repeat over and over again.

dudest · Post by **dudest** » Fri Dec 19, 2014 7:52 am

blazej » Thu Dec 18, 2014 5:58 pm wrote:Hi all,

my takes from today:) Dudest You made my day with that pattern recognition. Thanks.

Goodstuff Blaze!

dudest · Post by **dudest** » Fri Dec 19, 2014 8:08 am

seanyd » Thu Dec 18, 2014 9:58 pm wrote:This looks similar from one of CJ`s posts in Barf

...

Also notice same patterns only distorted :

Nice spots Sean, good stuff!

True, those two segments in the last screenshot are like twins!

Piter80 · Post by **Piter80** » Fri Dec 19, 2014 8:24 am

From 4 days I see head+shoulders pattern everywhere

USDJPY
BE during asian session.Jump in again at 119.331 probably I will ad some trades.

Post by **Reaper** » Fri Dec 19, 2014 10:24 am

I think EU will continue to fall today. Currently setting up like a continuation pattern.

dudest · Post by **dudest** » Fri Dec 19, 2014 10:31 am

Piter80 » Thu Dec 18, 2014 11:38 pm wrote: ...
NZDUSD closed with good profit.
...

Suweet!

Watching from sidelines...

20141217_nzdusd_h4_piter80.png

20141219_nzdusd_h4_piter80.png

.

dudest · Post by **dudest** » Fri Dec 19, 2014 12:45 pm

dudest » Tue Dec 16, 2014 8:44 pm wrote:
Goodstuff Sean!

PS: ok, wow, after looking at your (very clear) screenshot/chart, look what begins to pop up...

STOPHUNTS! [ boxes labelled "1" and "2" ]

...

Hey Sean!

CJ was kind enough (as always!) to point this out!

Remember the very first chart of this thread? ( on post #2 )

Well...

CJ EURGBP 3-4-2013 7-04-28 PM.png

sean_usdcad_m15_BOX1_CJ_EURGBP.png