The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Thu Aug 27, 2015 7:06 pm

Level3 not confirmed yet.. one leg up until the second holds

Post by **jedrula** » Thu Aug 27, 2015 7:10 pm

OK, Sympathy I see somthing... i think...

As others I had problems with identifying and counting the LEVEL but now I see that these are areas like Supply / Demmand where the price flee to the next LEVEL.

I have spent the last 10 days of 15-20 hours watching the charts, my head cracking and eyes watering but unless I see something!

gu27.png

gu15.png

usdchf27.png

eu27.png

Post by **xrismak** » Thu Aug 27, 2015 7:36 pm

Soulful Sympathy,

I am Not there yet but my Naked Trader's Instinct is Coming Back Slowly and Gradually, When I get back to Tip Top form you will feel me... I am Right behind you waiting to Exhale...

CAD-CHF... took a bit here too... 27-08-15.jpg

Very Very Tiny Collection on GBP-NZD 27-08-15.jpg

EUR-AUD Tiny Collection 27-08-15.jpg

EUR-CAD small Collection 27-08-15.jpg

The Only Reason why I have Not really Exploded yet is Because I have changed my Normal work Pattern to Days, so this trades are taken when I have time most Evenings, when I go back to Working the Night Time Engineering Shifts, you will see a Difference in my Strike Rate and the Pips will Roll in Big Time... for now I am still Learning what I had Unlearned.....

Happy Trading Folks...
xrismak

123Reverse · Post by **123Reverse** » Fri Aug 28, 2015 2:32 am

jedrula » Fri Aug 28, 2015 5:10 am wrote:OK, Sympathy I see somthing... i think...

As others I had problems with identifying and counting the LEVEL but now I see that these are areas like Supply / Demmand where the price flee to the next LEVEL.

I have spent the last 10 days of 15-20 hours watching the charts, my head cracking and eyes watering but unless I see something!

Yes, thx sympathy for continually reminding us that it's there, even if we cannot see it yet. His recent reminder that we only get one level a day also helped. (I see sometimes the 3 levels may take just over 3 days or just less than 3 days. - It's never easy!)

Nice charts, explains what you see.

Post by **jedrula** » Fri Aug 28, 2015 4:53 am

As an exercise I drew level on USDCHF

usdchf.png

GC

gc.png

Post by **sympathy** » Fri Aug 28, 2015 7:54 am

the countdown is coming guys. i hope you remember what i said about 1000 post in this thread. you guys should try as much as possible the digest this stuffs ok. start from M/W pattern and with time, you will understand the whole process. don't ever try and practice everything at the same time else will never understand 1 inch of it. that was what happened to the first set of traders in this forum, they want to trade like CJ but they are far from it

. choose one method and have confidence in it thats all :!!:

THANKS CAPTIAN

Post by **botrak** » Fri Aug 28, 2015 8:35 am

Both pair at level 3. Magic. Eurusd W have no pins to the low. What thing I dont see?

eum15v2.jpg

gum15v2.jpg

Zaleske · Post by **Zaleske** » Fri Aug 28, 2015 9:35 am

sympathy » Thu Aug 27, 2015 8:06 pm wrote:Level3 not confirmed yet.. one leg up until the second holds

What type of action would confirm (or infirm) a level?

Post by **sympathy** » Fri Aug 28, 2015 9:49 am

Zaleske » Fri Aug 28, 2015 10:35 am wrote:
sympathy » Thu Aug 27, 2015 8:06 pm wrote:Level3 not confirmed yet.. one leg up until the second holds
What type of action would confirm (or infirm) a level?

That is when the low hold price. Read the thread very well so that you will understand.

Zaleske · Post by **Zaleske** » Fri Aug 28, 2015 10:20 am

sympathy » Fri Aug 28, 2015 10:49 am wrote:
Zaleske » Fri Aug 28, 2015 10:35 am wrote:
sympathy » Thu Aug 27, 2015 8:06 pm wrote:Level3 not confirmed yet.. one leg up until the second holds
What type of action would confirm (or infirm) a level?
That is when the low hold price. Read the thread very well so that you will understand.

So, in that case (EU) did you mean low of level 2? The leg up happened and price is coming back now, does that confirm level2?