The Captains Chest - Naked Trading & Other Stuff

The forum for Captain Jack and CJ related thingies.
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Direwolf
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The Captains Chest - Naked Trading & Other Stuff

Post by Direwolf »

Much appreciate Pips400, thank you very much.

On higher time frame you posted, I'm seeing price going back up to complete heads & shoulder pattern? How did you determine levels for the grey box?
“Forget the BS you've been told. You have been educated to lose your money. All of it.”

-- CJ
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Direwolf
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The Captains Chest - Naked Trading & Other Stuff

Post by Direwolf »

I have a question about a chart posted in Kwanann's thread. I understand that pairs making lower high are bull traps. But what about the last one where it was making higher high? What trap was that and what was it telling us?
http://www.stevehopwoodforex.com/phpBB3 ... USDCAD.PNG
“Forget the BS you've been told. You have been educated to lose your money. All of it.”

-- CJ
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pips400
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The Captains Chest - Naked Trading & Other Stuff

Post by pips400 »

Direwolf » Fri Dec 12, 2014 12:43 pm wrote:Much appreciate Pips400, thank you very much.

On higher time frame you posted, I'm seeing price going back up to complete heads & shoulder pattern? How did you determine levels for the grey box?
Hi Direwolf, I personally don't see a head and shoulder pattern because the neckline has already been broken. The grey box is basically a retrace box of he fib values 50 to 76.4 of the recent wave high to low, that's why it might change yet if price makes another drop below the current low.
dudest
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The Captains Chest - Naked Trading & Other Stuff

Post by dudest »

dd4.png
Captain Jack (Charter Member) 2012-03-14 00:43
BARF Your Way to Profits!
TRICKERY
Here's 4 ways to say the same thing...BUT PRESENTED To YOU AS 3 DIFFERENT PATTERNS....
The word is the same and the INTENT Is the same...no matter what it looks like to you...it's still the same....
They show you the same thlng, over and over, but present It to you In different ways....
They make it hard to see, otherwise it becomes less effective.
Oh, did I mention they try to hide it as well....
They aRe Intent on trlCKlng us In EveRy waY possible!
John
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tommiho
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The Captains Chest - Naked Trading & Other Stuff

Post by tommiho »

Hi dudest,

that's the captain for you :O)
We know they lie to us, we know they want to mislead us, we know they want to get the price from point A to point B, but there is a very many ways to do that and they can shake you off like that :cheer: along its path.
I haven't understood it and I may say not very many people did.
Well the first step is to realize that the trickery is there.
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Reaper
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The Captains Chest - Naked Trading & Other Stuff

Post by Reaper »

dudest » Fri Dec 12, 2014 5:44 pm wrote:
Captain Jack (Charter Member) 2012-03-14 00:43
BARF Your Way to Profits!
TRICKERY
Here's 4 ways to say the same thing...BUT PRESENTED To YOU AS 3 DIFFERENT PATTERNS....
The word is the same and the INTENT Is the same...no matter what it looks like to you...it's still the same....
They show you the same thlng, over and over, but present It to you In different ways....
They make it hard to see, otherwise it becomes less effective.
Oh, did I mention they try to hide it as well....
They aRe Intent on trlCKlng us In EveRy waY possible!
John
Where is this taken from?
.
lluisitu
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The Captains Chest - Naked Trading & Other Stuff

Post by lluisitu »

Hi,

I've been reading and learning from the forum for a few time, mostly through other topics and trying to get some wins using some of the popular indicators here. While I had some lucky strikes, I usually end up blowing up my demo account taking trades too late in the cycle and then letting the losers run for too long.

So I thought that reading correctly the charts would be probably wise idea to focus on and hopefully a way to avoid the big losers.

After reading the PDF document, most of the posts and examples, I took a chance and played with the USD CAD.
This is what I see on the H4:
Reaching Level 3, top of the up-trend range and also near a top from '09.
From here I'd go short targeting about 100 pips to reach the first level of the new cycle down.

Does anyone have a similar view?

Thanks!

Lluis
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tommiho
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The Captains Chest - Naked Trading & Other Stuff

Post by tommiho »

Angat » Sat Dec 13, 2014 12:10 am wrote:
dudest » Fri Dec 12, 2014 5:44 pm wrote:
Captain Jack (Charter Member) 2012-03-14 00:43
BARF Your Way to Profits!
TRICKERY
Here's 4 ways to say the same thing...BUT PRESENTED To YOU AS 3 DIFFERENT PATTERNS....
The word is the same and the INTENT Is the same...no matter what it looks like to you...it's still the same....
They show you the same thlng, over and over, but present It to you In different ways....
They make it hard to see, otherwise it becomes less effective.
Oh, did I mention they try to hide it as well....
They aRe Intent on trlCKlng us In EveRy waY possible!
John
Where is this taken from?
Hi angat,

it's taken from the pdf of CJ posts from another forum and the tread which was dedicated to BARF. I personally see that tread as a birthplace of what he has tried to explain here.
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Reaper
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The Captains Chest - Naked Trading & Other Stuff

Post by Reaper »

tommiho » Sat Dec 13, 2014 3:50 pm wrote:
Angat » Sat Dec 13, 2014 12:10 am wrote:
dudest » Fri Dec 12, 2014 5:44 pm wrote:
Captain Jack (Charter Member) 2012-03-14 00:43
BARF Your Way to Profits!
TRICKERY
Here's 4 ways to say the same thing...BUT PRESENTED To YOU AS 3 DIFFERENT PATTERNS....
The word is the same and the INTENT Is the same...no matter what it looks like to you...it's still the same....
They show you the same thlng, over and over, but present It to you In different ways....
They make it hard to see, otherwise it becomes less effective.
Oh, did I mention they try to hide it as well....
They aRe Intent on trlCKlng us In EveRy waY possible!
John
Where is this taken from?
Hi angat,

it's taken from the pdf of CJ posts from another forum and the tread which was dedicated to BARF. I personally see that tread as a birthplace of what he has tried to explain here.
Oh right, can you link pls? or pm perhaps. If you can upload that pdf somewhere that but appreciated too.

Cheers
.
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Direwolf
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The Captains Chest - Naked Trading & Other Stuff

Post by Direwolf »

“Forget the BS you've been told. You have been educated to lose your money. All of it.”

-- CJ
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