The Captains Chest - Naked Trading & Other Stuff

[scalpz]

Thx scalpz.
I think we are now in F heading to G. The reason is that the F on your chart is not higher than the A (but I am not sure if this is a rule). Anyway same result as F and H will go to balance line.

Comments on rules are welcome.

You may well be right.
I remember something about H getting the stops, so that should be higher than F at least.

But surely the fox will want this finished by Khristmas.

Just been re-re-re-reading the first few pages again.

with CJ forecaste 3-6-2013.png

Took a while to scroll my H1 back to 2013 lol - should have used H4

Fox tracks 2013 EURGBP H4.png

1st part was spot-on.
I think hunting is better on the tracks, not off the end.

cheers scalpz

[gunaydines]

Hi,

I am trying to learn naked trading for a while and applying the teachings and patterns on the live charts. Afterwards, watching them for a while, in order to see my mistakes and keep on repeating.

I am still at the beginnig and still crawling. I have attached the AUDCAD H4. Do you think it is correct? Just to have a feedback from anyone.

Best wishes,

Emre

[tmg]

A to E might be correct, but i think F should be lower than A.
Your E to K is accumulation imho.

[zingo]

Hi,

I am trying to learn naked trading for a while and applying the teachings and patterns on the live charts. Afterwards, watching them for a while, in order to see my mistakes and keep on repeating.

I am still at the beginnig and still crawling. I have attached the AUDCAD H4. Do you think it is correct? Just to have a feedback from anyone.

Best wishes,

Emre

I don't know if it's a rule but like TJF told me yesterday,an A has to be preceeded by an M or W depending on if it's going up or down(a M in your case i think) which i can not see in your chart
Cheers
Z

[TraderJoeForex]

Hi,

I am trying to learn naked trading for a while and applying the teachings and patterns on the live charts. Afterwards, watching them for a while, in order to see my mistakes and keep on repeating.

I am still at the beginnig and still crawling. I have attached the AUDCAD H4. Do you think it is correct? Just to have a feedback from anyone.

Best wishes,

Emre

This is how I have drawn it... E needs to be on the shoulder line so a bit further across and then the rest fits in quite easily. Ready for a big drop... ?

[TraderJoeForex]

In fact.. I have that wrong... rushing it again! This is more likely..

[TraderJoeForex]

You may well be right.
I remember something about H getting the stops, so that should be higher than F at least.

But surely the fox will want this finished by Khristmas.

Just been re-re-re-reading the first few pages again.


Took a while to scroll my H1 back to 2013 lol - should have used H4

1st part was spot-on.
I think hunting is better on the tracks, not off the end.

cheers scalpz

Agreed. Well the end is a breakout trade to take and hold if you have your level counts right and trade away from PeakHiLo. So we have both tools. Trading within the pattern in and out and the breakout from it. Both ideas have been presented in this thread and both need mastering. I am still learning too!

[TraderJoeForex]

USDCAD playing out towards the end now

[TraderJoeForex]

EURGBP has had me dancing all over the place... a good reminder of the stop hunts that come along the way. Using Brexit talks to manipulate price and get people trapped. It's getting back on track now though so keeping my longs for the move up. I wonder how many people have gone short.

[jimbob1406]

Let's see if it heads down.