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The Captains Chest - Naked Trading & Other Stuff
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Author:  caveywoolpert [ Mon Sep 21, 2015 6:37 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

GM fellow traders. If my levels are correct aussie is on level 3 now, second push, so i expect one more push up to finish level 3 and will be looking for shorts.
Author:  sympathy [ Mon Sep 21, 2015 2:28 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

GU
Author:  sympathy [ Mon Sep 21, 2015 2:34 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

aroo75 » Mon Sep 21, 2015 7:08 am wrote:Well, hello. My first post here. Lurking but learning. Learning to recognise these patterns.
Rinse, wash , repeat. Anyway I'm throwing up AUDUSD 4h as it happens today, my understanding
of this :- 3 (or more) pushes up, higher higher etc. Price has come back. And I was wondering, is
this the "M" forming here and now wait for confirmation? Is price going down?




CJ said you can find these same patterns, on any time frame, lets have a look at a daily
I saved back sometime ago.




Is history telling the price about to move down? Lets wait and see.
Am not gona correct you with this type of chart bcos you will never see the proccess with a chart like this. please reduce those things ok. am telling you from experience.
Author:  Lowphat [ Mon Sep 21, 2015 3:01 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

audcad seemed to line up nicely with TL's
Author:  Wisznu [ Mon Sep 21, 2015 4:23 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Looks good to me, what do You guys think?

Wasn't around for a long time. Good to be back :smile:
Author:  caveywoolpert [ Mon Sep 21, 2015 4:44 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Wisznu » Mon Sep 21, 2015 4:23 pm wrote:Looks good to me, what do You guys think?

Wasn't around for a long time. Good to be back :smile:
i'm in :good:
Author:  sponn [ Mon Sep 21, 2015 6:54 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

With all youor respect guys but why you have taken this trade. I don't see any reasons but I'm still learning.

I Wonder why you haven't take gbp/cad, usd/cad shorts or aud/jpy, nzd/jpy, aud/chf, nzd/chf longs. looking much much better than aud/nzd imo.
Author:  Guest [ Mon Sep 21, 2015 7:33 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

sponn » Mon Sep 21, 2015 6:54 pm wrote:With all youor respect guys but why you have taken this trade. I don't see any reasons but I'm still learning.

I Wonder why you haven't take gbp/cad, usd/cad shorts or aud/jpy, nzd/jpy, aud/chf, nzd/chf longs. looking much much better than aud/nzd imo.

agree sir, i think it would be healthy and helpful to us that everytime we post a trade win or lose to put analysis , what level, pins, and the reason behind the entry
Author:  Wisznu [ Mon Sep 21, 2015 8:06 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

sponn » Mon Sep 21, 2015 6:54 pm wrote:With all youor respect guys but why you have taken this trade. I don't see any reasons but I'm still learning.

I Wonder why you haven't take gbp/cad, usd/cad shorts or aud/jpy, nzd/jpy, aud/chf, nzd/chf longs. looking much much better than aud/nzd imo.
Hi!

I went short when I saw nice pins on M15 at second shoulder (third push & strong resistance level). That's just how I see it. It doesn't mean that will happen, I'm not an expert. I'm learning too.

Still stalking that one. If something will go wrong, Ill close it.
Author:  sponn [ Mon Sep 21, 2015 9:09 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Now everything is more clear. Could be a nice setup I haven't seen. Thx for sharing.
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