The Captains Chest - Naked Trading & Other Stuff

[mamabear]

Hi Sympathy, would you take a look at this chart? Is this the right way to find the moves and pushes? and 2nd leg up looks like there were 5 pushes up?

So is this a reversal and can we count on price to go down in 3 legs each with 3 pushes?

[sympathy]

Hi Sympathy, would you take a look at this chart? Is this the right way to find the moves and pushes? and 2nd leg up looks like there were 5 pushes up?

So is this a reversal and can we count on price to go down in 3 legs each with 3 pushes?

from that M formation, you will see 3pushes down then after that you will see another 3pushes up. if the M pattern holds then it will reverse down. the levels are ok.

[Pandakker]

Hi,

Thank you Sympathy for posting examples, much appreciated.

Still reading and looking at the charts.

Took two trades today.

First on the EUR/AUD

Reason was that to me price was following the second push down (higher level yellow lines) after a M pattern.
Enter a bit late on the second push on a lower level (red lines).
Turned out ok.

EURAUDM15_3_lvl_20150630.png

Second on GBP/JPY. Entered too early had to wait longer for the second leg of W pattern. Should have entered on same level as first leg of W.
After all turned out ok. So need more patience.

GBPJPYH1_W_20150630.png

I hope I'm on the right track.

Cheers

[sympathy]

THOSE ARROWS SHOWS CHANGEOVER BETWEEN TWO FOXES. ASIAN AND LONDON FOX

[sympathy]

Hi,
Thank you Sympathy for posting examples, much appreciated.

Still reading and looking at the charts.

Took two trades today.

First on the EUR/AUD

Reason was that to me price was following the second push down (higher level yellow lines) after a M pattern.
Enter a bit late on the second push on a lower level (red lines).
Turned out ok.



Second on GBP/JPY. Entered too early had to wait longer for the second leg of W pattern. Should have entered on same level as first leg of W.
After all turned out ok. So need more patience.



I hope I'm on the right track.
HEY PANDA you are getting the scope ok. weldone. your analysis is cool.
let me explain something about M/W pattern. if the first leg pins very well, the second leg will not pin as much as the first and vice vaser...

Cheers

[sympathy]

Hi,

Thank you Sympathy for posting examples, much appreciated.

Still reading and looking at the charts.

Took two trades today.

First on the EUR/AUD

Reason was that to me price was following the second push down (higher level yellow lines) after a M pattern.
Enter a bit late on the second push on a lower level (red lines).
Turned out ok.



Second on GBP/JPY. Entered too early had to wait longer for the second leg of W pattern. Should have entered on same level as first leg of W.
After all turned out ok. So need more patience.



I hope I'm on the right track.

Cheers

HEY PANDA you are getting the scope ok. weldone. your analysis is cool.
let me explain something about M/W pattern. if the first leg pins very well, the second leg will not pin as much as the first and vice vaser...

[Pandakker]

Hi sympathy,

Thanks for your reply.

[sympathy]

Hi Sympathy, would you take a look at this chart? Is this the right way to find the moves and pushes? and 2nd leg up looks like there were 5 pushes up?

So is this a reversal and can we count on price to go down in 3 legs each with 3 pushes?

hey mama, it all endup with 3pushes one level so the total of 9pushes 3levels ok. from the second movement, the part you lebel 1 is a stophunt and not a push.

[mamabear]

Hi Sympathy, would you take a look at this chart? Is this the right way to find the moves and pushes? and 2nd leg up looks like there were 5 pushes up?

So is this a reversal and can we count on price to go down in 3 legs each with 3 pushes?

hey mama, it all endup with 3pushes one level so the total of 9pushes 3levels ok. from the second movement, the part you lebel 1 is a stophunt and not a push.

Thanks Sympathy, appreciate your time and expertise very much.

[sympathy]

ACHF