The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Fri Sep 04, 2015 2:59 pm

fahedksa » Fri Sep 04, 2015 3:12 pm wrote:
sympathy » Fri Sep 04, 2015 5:05 pm wrote: I saw pins to the upside at a very important area[resistance level] Longs are trapped up.
Great ,Regarding resistance level which time frame you draw your lines ? Some time i draw S/R lines Top/Botoom using 4H time frame?But you what you use?

hahahaha we dont draw lines in this method, we see them as they are created. i only see how they form and how they have been respected. you can draw if you like, with time you will begin to see them without lines ok.draw them from daily chart.

Post by **sympathy** » Fri Sep 04, 2015 3:46 pm

Post by **fahedksa** » Fri Sep 04, 2015 4:18 pm

sympathy » Fri Sep 04, 2015 5:59 pm wrote: hahahaha we dont draw lines in this method, we see them as they are created. i only see how they form and how they have been respected. you can draw if you like, with time you will begin to see them without lines ok.draw them from daily chart.

Thank you Sympathy ,You are really kind and all your posts helps me a lot.

Post by **sympathy** » Fri Sep 04, 2015 5:22 pm

Post by **sympathy** » Fri Sep 04, 2015 5:23 pm

rambo06 · Post by **rambo06** » Fri Sep 04, 2015 6:48 pm

sympathy » Fri Sep 04, 2015 2:05 pm wrote: I saw pins to the upside at a very important area[resistance level] Longs are trapped up.

Hey Sympathy,

By "very important area (resistance level)" are you referring to the ABC pattern? I see the pattern over a nice BRN which is 76.00 complete with a head fake and you appear to have entered on the "C" leg of the pattern. Is this correct?

Forgive me for going back to this question but I am just trying to make sure I understand your thought process and why you take trades so I can have my eyes fully opened.

God Bless all of you and thanks,
Rambo

Post by **xrismak** » Fri Sep 04, 2015 7:26 pm

seanyd » Fri Sep 04, 2015 12:44 pm wrote:You wanna see manipulation , take a look at this 40 pip spread on UCAD

Sean D Gigantilus,

You of all folks should BE VERY VERY HAPPY WHEN YOU SEE A MOVE LIKE THAT, the Fox went down there for 2 Reasons, (1) To shake out the Weak Buys and Margin Call a few Traders.
(2) TO PICK up the HEAVY MONEY PENDING Sells in that Area and Shift the Zone on them.
Someone or rather A Bunch of Traders forgot some pending sells and hehehehehehe the fox was too happy to go have a Feast .
You have the Experience so I Hope you did not Close that Sell/Short trade of yours, ( Switch to the H1 Time Frame and you will Get my Drift ) the Fox is Going Back up on that Pair, trust me, I Have seen that Kinda Flex many times Over and I always Profit over time from such moves ...

Happy Trading Folks.

xrismak

Post by **sympathy** » Fri Sep 04, 2015 8:42 pm

rambo06 » Fri Sep 04, 2015 7:48 pm wrote:
sympathy » Fri Sep 04, 2015 2:05 pm wrote: I saw pins to the upside at a very important area[resistance level] Longs are trapped up.
Hey Sympathy,

By "very important area (resistance level)" are you referring to the ABC pattern? I see the pattern over a nice BRN which is 76.00 complete with a head fake and you appear to have entered on the "C" leg of the pattern. Is this correct?

Forgive me for going back to this question but I am just trying to make sure I understand your thought process and why you take trades so I can have my eyes fully opened.

God Bless all of you and thanks,
Rambo

Nonono not ABC pattern. as you can see, i take trades with different knowledge and pattern that present itself. but they all lies on what we have been discussing in this thread. i took that trade because of stophunt on a nice level i think price will react and it goes with the trend. i use my level count to take trades and it helps me understands were price is going. ABC pattern is a reversal pattern and they are always printed in level3/level1. just work on your level count then you will begin to see things

Post by **seanyd** » Fri Sep 04, 2015 9:47 pm

xrismak » Fri Sep 04, 2015 7:26 pm wrote:
seanyd » Fri Sep 04, 2015 12:44 pm wrote:You wanna see manipulation , take a look at this 40 pip spread on UCAD

Sean D Gigantilus,

You of all folks should BE VERY VERY HAPPY WHEN YOU SEE A MOVE LIKE THAT, the Fox went down there for 2 Reasons, (1) To shake out the Weak Buys and Margin Call a few Traders.
(2) TO PICK up the HEAVY MONEY PENDING Sells in that Area and Shift the Zone on them.
Someone or rather A Bunch of Traders forgot some pending sells and hehehehehehe the fox was too happy to go have a Feast .
You have the Experience so I Hope you did not Close that Sell/Short trade of yours, ( Switch to the H1 Time Frame and you will Get my Drift ) the Fox is Going Back up on that Pair, trust me, I Have seen that Kinda Flex many times Over and I always Profit over time from such moves ...

Happy Trading Folks.

xrismak

Xrismak my main man

Still open bro , Ucad is now my nemesis , I will conquer

Post by **xrismak** » Fri Sep 04, 2015 10:06 pm

seanyd » Fri Sep 04, 2015 9:47 pm wrote:
Xrismak my main man

Still open bro , Ucad is now my nemesis , I will conquer

Sean D Gigantilus,

You wanna Close shop and Run between the 1.33170 and 1.33190 Level for Profit Insurance, anything after the 1.33200 Level is a Bonus but you might be Asking for Trouble because you will be running into loads of Resistance at that Level...

Happy Trading Y'all,

xrismak