The Captains Chest - Naked Trading & Other Stuff

InfiniteLoop · Post by **InfiniteLoop** » Tue Dec 08, 2015 2:31 pm

I am expecting small retrace towards the bottom before the news for GBP

and I would recommend you to stay out of USDCAD buy, USDCAD is even more set then GBP, and you know on which level CAD is

Post by **sympathy** » Tue Dec 08, 2015 2:33 pm

Tom822 » Tue Dec 08, 2015 3:00 pm wrote:Okay, but how to find the 1st day of cycle ? I know that we should look for it on H1 but in which way ? Someone can explain it in points basing on USD/JPY ?

The only thing you need is to locate yesterdays high/low and wait for price around those areas. it should be after accumulation[ Asian section]that is your daily circle. you have to know the level you are in the weekly circle first eg..levels1,2 or 3.
UJ is dropping from level 3 so you ave to sell

InfiniteLoop · Post by **InfiniteLoop** » Tue Dec 08, 2015 2:51 pm

IanN » Tue Dec 08, 2015 2:30 pm wrote:Hi Infinite,

Been meaning to say hello since you first posted. I'm on EG, GU and ECAD.

I've been looking at your posts and wondering whether you are incorporating VSA into your trading. I've looked at this over the years but never fully understood how it could be incorporated into Forex trading.

One of the benefits of this thread is that CJ and others, most notably Sympathy, have laid out really clear and simple rules to follow - even if we do still complicate these from time to time.

Anyway, it's good to see your posts and very impressive when you forecast a price where the market will turn. Is that simply on S&R?

Regards

Ian N.

there are no supp. res. levels, it's only an illusion, there are only calculated levels and every change the price makes is because of one of them, but not all are equally important

As of my approach, I can be really accurate on faster moves, or more active days, but I am still adjusting my method for slow pace, it's just much more difficult to read the situation, but I know I can adjust, just haven't have the time to put the focus on setting clear rules, need to do little reaseach and then watch out

I will start combing CJ and my method shortly and I'll try to post post with combination of them, I don't have time right know

InfiniteLoop · Post by **InfiniteLoop** » Tue Dec 08, 2015 2:57 pm

GBPUSD i love you

InfiniteLoop · Post by **InfiniteLoop** » Tue Dec 08, 2015 3:03 pm

they are doing it again to me
I don't have time to wait for slug speed move up, just like on USDJPY

IanN · Post by **IanN** » Tue Dec 08, 2015 3:05 pm

InfiniteLoop » Tue Dec 08, 2015 2:51 pm wrote:
there are no supp. res. levels, it's only an illusion, there are only calculated levels and every change the price makes is because of one of them, but not all are equally important

As of my approach, I can be really accurate on faster moves, or more active days, but I am still adjusting my method for slow pace, it's just much more difficult to read the situation, but I know I can adjust, just haven't have the time to put the focus on setting clear rules, need to do little reaseach and then watch out

I will start combing CJ and my method shortly and I'll try to post post with combination of them, I don't have time right know

Thanks Infinite,

I went short on UCAD (I think I said I was on ECAD earlier - my mistake).

Hey Sympathy,

Thanks for your response regarding counter trend trading.

GBPAUD:

20151208 GBPAUD-sbM15.png

Regards

Ian N.

Tom822 · Post by **Tom822** » Tue Dec 08, 2015 3:09 pm

The only thing you need is to locate yesterdays high/low and wait for price around those areas. it should be after accumulation[ Asian section]that is your daily circle. you have to know the level you are in the weekly circle first eg..levels1,2 or 3.
UJ is dropping from level 3 so you ave to sell

Ok, but how to recognize correct weekly circle, I mean by that on which level of this circle I am.

Post by **sympathy** » Tue Dec 08, 2015 3:10 pm

InfiniteLoop » Tue Dec 08, 2015 3:57 pm wrote:GBPUSD i love you

normal moves will come tomorrow ok.

Post by **sympathy** » Tue Dec 08, 2015 3:11 pm

Tom822 » Tue Dec 08, 2015 4:09 pm wrote:
The only thing you need is to locate yesterdays high/low and wait for price around those areas. it should be after accumulation[ Asian section]that is your daily circle. you have to know the level you are in the weekly circle first eg..levels1,2 or 3.
UJ is dropping from level 3 so you ave to sell
Ok, but how to recognize correct weekly circle, I mean by that on which level of this circle I am.

Post any chart i will will show you the levels

InfiniteLoop · Post by **InfiniteLoop** » Tue Dec 08, 2015 3:14 pm

sympathy » Tue Dec 08, 2015 3:10 pm wrote:
InfiniteLoop » Tue Dec 08, 2015 3:57 pm wrote:GBPUSD i love you
normal moves will come tomorrow ok.

it is a normal move, they are just doing the same stupid slow move as they did with USDJPY
it just locks my capital for a longer period of time and I hate it