The Captains Chest - Naked Trading & Other Stuff

Post by **intcust** » Thu Oct 16, 2014 4:04 pm

got out of ej sells way to early did not see that big of move

Fable · Post by **Fable** » Thu Oct 16, 2014 4:55 pm

Hey guys ! I'm back after a long time (see my post here) (there is also my trades of the day on the AU, loved that pair today)

Also what about this setup on longer TF ?

dudest · Post by **dudest** » Fri Oct 17, 2014 11:38 am

dudest » Thu Oct 16, 2014 3:51 pm wrote:Live example: Gold lagging behind Silver out of a trap:

.

Both got re-trapped.

They are now out again short (silver leading), this time I think for real

PS: necessary to re-draw TV lines when price moves back into trapping mode

Post by **Dagu** » Fri Oct 17, 2014 2:22 pm

Bez tytułu.jpg

Post by **intcust** » Fri Oct 17, 2014 4:38 pm

daggerfall » Fri Oct 17, 2014 7:22 am wrote:

sure looks like an M to me

Post by **xrismak** » Fri Oct 17, 2014 5:16 pm

Fable » Thu Oct 16, 2014 4:55 pm wrote:Hey guys ! I'm back after a long time (see my post here) (there is also my trades of the day on the AU, loved that pair today)

Also what about this setup on longer TF ?

Hello Peeps,
Good Job, FABLE, I took GBP-USD to the Wire and Came out with just Over 200 Pips Profit Yesterday... got out at the Second Level Though...

Happy Trading Folks,

xrismak

tienbanker · Post by **tienbanker** » Sat Oct 18, 2014 5:19 am

daggerfall » Fri Oct 17, 2014 9:22 pm wrote:

coul you please explain more the level of this picture?

Post by **Dagu** » Sat Oct 18, 2014 12:52 pm

tienbanker » Sat Oct 18, 2014 5:19 am wrote:
daggerfall » Fri Oct 17, 2014 9:22 pm wrote:
coul you please explain more the level of this picture?

patterns repeat
Do you see it ? : D

Bez tytułu.jpg

dudest · Post by **dudest** » Sun Oct 19, 2014 11:35 am

daggerfall » Sat Oct 18, 2014 3:52 pm wrote:
tienbanker » Sat Oct 18, 2014 5:19 am wrote:
daggerfall » Fri Oct 17, 2014 9:22 pm wrote:
coul you please explain more the level of this picture?
patterns repeat
Do you see it ? : D

Personally, I don't... :) [ c'mon dude, break it down a bit for the 'thick' among us! :) ]

PS:
With regards to levels, M's, W's: when I see them, I see them (without thinking about it).

When I don't/can't see them, no matter how hard I try, I see nothing, just bars on a chart.

The only thing (which incidentally CJ only touched on a few times) that I 'got' and it stuck was Trapping Volume [ traps ]. Those I see hiding in plain sight. Running commentaries on traps are a bit difficult though, coz sometimes it involves cutting trades / switching sides / re-trapment, etc [ of course the Fox won't go down without a fight ]. But they are very worth their while (in $$ returns)

Cheers

tienbanker · Post by **tienbanker** » Sun Oct 19, 2014 12:25 pm

thanks for reply. and i wonder about the h1 picture.
I count the level almost wrong and i failed at this time. I try to read the CJ pdf and see the picture he post but not success. The green cycle in the below picture when price just stop for short time can be called the push? or the level? Where we must reset level again? for example price up again and must touch the old level or not need to touch.
After M or appear must we count again? or we still based on the level 1 (consolidation, peak lowest) to count? and must we zoom in the screen to count the level or just some days nearly? How many candle or days for start count in the each time frame?
CJ talk the level 1 and 3 MM control and trader to level 2? but how to know the level 1 is still the peak low (not lower more) or must to wait the W appear? i see the the HLH but price still down more and failed (level count wrong maybe).
The exhaustion between price and volume appear when it done. the V of price or U of volume appear when it appeared so how to predict price up or down? (high volume to short and price down, candle will /\ , volume will higher \/).
Hope some one can help me, i really want to learn and understand.
Best regard.
Tien