The Captains Chest - Naked Trading & Other Stuff

[Viv]

Thank you Dawid for your many posts.

You will be missed :hi:

[hannele]

David, thank you very much.
If you ever feel like enlightening us mere mortals with more, it will be much appreciated.
Never the less, thank you for all the time you have spent to let us have a glimpse of you thought process and vision.
I hope to see you back.
Cheers
Hannele

[rewand]

David, thank you very much.
If you ever feel like enlightening us mere mortals with more, it will be much appreciated.
Never the less, thank you for all the time you have spent to let us have a glimpse of you thought process and vision.
I hope to see you back.
Cheers
Hannele

I may enlighten you, just a bit.
Pay attention to what CJ said. I mean not his charts but his words. Put them on your charts. You will see it. Giving you some hints: foxes feed each other, from session to session. Can you find the range that fox creates for next fox? How should it look like to be playable?
Second, pay attention to timing of price movement. Fox counts to 3. He loves equidistance. Use period separators, you will see it. Counting to 3 is not just level counting. It all moves in 3s, following the PH-L1-L2-SH... etc routine.
Third, study MM daily routine, look for Lio's summary (something like CJ & Mauro method summary) and CJ's comments afterwards. There are key concepts there, if you annotate your chart accordingly, you will see what you need to see. Force yourself to fully grasp the daily routine in its sequence until you can annotate it all on your chart. No one mentiones about baitline but CJ did. Very interesting concept if you understand.
Patience is key but it becomes your weapon only when you know what you are waiting for. Wait for fox to show his hands: meaning you need to wait until his structure built to rake in money shows itself.

[fx800]

Here is an H4 chart for S&P500. ??? one more push downwards.

[fx800]

Here is an H4 chart for S&P500. ??? one more push downwards.

The daily chart for S&P500. Watching for break of 2700 level during the US session.

[rewand]

Here is an H4 chart for S&P500. ??? one more push downwards.

I would wait for a bo north out of asian to repeat yesterdays pa.

[fx800]

Here is an H4 chart for S&P500. ??? one more push downwards.

I would wait for a bo north out of asian to repeat yesterdays pa.

Very interesting suggestion. Thanks.

[fx800]

Here is an H4 chart for S&P500. ??? one more push downwards.

The daily chart for S&P500. Watching for break of 2700 level during the US session.

Here is the M15 chart.

[rewand]

Here is the M15 chart.

Heh, cant see a thing on this one.
So far there has been no play on pa. Asian set the range, 19 points, no BO either side, making level 2. We had 3 swipes down, you can see on M5. Now we may witness some play to the upside. SP does not like to follow level counts as we like it in fx but it moves in 3s as well. I may not be right but I will wait for upside BO, do not mind if I miss the move.

[rewand]

Another thing I would consider is timing and overall pattern of price coming down. Note the point where my squares are. Does it look like a baitline between yesterdays high and todays low? I may still not be right but consider my entry point safe vs entering now for example. You can see the baitline between session lines as well. Price just went to visit this point after my latest comment.