The Captains Chest - Naked Trading & Other Stuff

[dudest]

Hmmm.... I don't know if it is because I am a very beginner newbie in trading but I don't see nothing, everything seems a mess, all EUR pairs going south, and the rest of the pairs I have on chart just don't make sense to me.
I am sure it is just me.
E.

No E, you're right, there's a lot of jumpiness at the moment, Fox playing the patience game.

For the Euro pairs I mentioned, this was my rational:

1) EURGBP trades posted earlier were all based on stop-hunts that took price north momentarily

2) EURUSD yesterday trades were based on pins after FOMC. Price kept going up to the top of the current range it is in and formed nice pins, hence shorts

3) EURCAD is in a trap ( tv ). Pin formed on H4 at upper boundary, hence shorts

Cheers

[tienbanker]

how about audusd dudest?
I sell at 0.77680. and now loss 25pip. (I see the Big M and break first leg)
Gbpjpy good for buy

[dudest]

how about audusd dudest?
I sell at 0.77680. and now loss 25pip. (I see the Big M and break first leg)
Gbpjpy good for buy

Hi tien,

Thought GBPJPY was a good buy too when it came back to S/R (support) and started forming pins
The reason I'm trailing the stop though is because it could easily come crashing down soon in order to form an M !! (see D1)

Also shorted AUDUSD at top of current range. The AUD, NZD seem to be going down for the moment, and I still think [ as I did last week ] that the USDs will do a push UP ( seems to have started ). So I think AUDUSD could get back to the bottom of the range (and maybe continue lower)

Cheers

20150219_gbpjpy_h1_longs_tienbanker.png

20150219_audusd_h4_range_shorts_tienbanker.png

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[tienbanker]

Thanks dudest,
Looking eurgbpd tfm15, very interesting if it have traping volume. And i think will have the pin higher.

[dudest]

how about audusd dudest?
I sell at 0.77680. and now loss 25pip. (I see the Big M and break first leg)
Gbpjpy good for buy

Hi tien,

Thought GBPJPY was a good buy too when it came back to S/R (support) and started forming pins
The reason I'm trailing the stop though is because it could easily come crashing down soon in order to form an M !! (see D1)

Also shorted AUDUSD at top of current range. The AUD, NZD seem to be going down for the moment, and I still think [ as I did last week ] that the USDs will do a push UP ( seems to have started ). So I think AUDUSD could get back to the bottom of the range (and maybe continue lower)

Cheers



.

GBPJPY trailing stop hit. Now short

20150219_gbpjpy_d1_shorts_anticipating_M.png

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[tienbanker]

.[/quote]

GBPJPY trailing stop hit. Now short[/quote]
I will buy eurgbp. See the pin higher with the high volume.
Audusd hope it down, because i trade this pair with big size.

[dudest]

WATCH OUT FOR SHORTS ON THE CADs [ between now and 20 mins ] --> pins!

ESP GBPCAD and NZDCAD

[dudest]

WATCH OUT FOR SHORTS ON THE CADs [ between now and 20 mins ] --> pins!

ESP GBPCAD and NZDCAD

That's a beautiful pin.

20150219_gbpcad_h1_pin_at_range_high_shorts.png

PS: Good morning New York

[go4pips]

Thank you Dudest for your explanation, I see and understand what you are saying, it help me a lot when you break it done give me more inside to see what I couldn't see before.
E.

[dudest]

Out of all the DD I've had for past 1 week.
USDNOK finally made a push up, same to GBPNZD.
Closed up all open trades, banked the equity [ clean slate now ]

snapshot.png

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