The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Mon Sep 07, 2015 9:43 am

IanN » Mon Sep 07, 2015 12:05 am wrote:I've now read the PDF summary of this thread and am now up to page 437 of this thread and one thing I have realised from quite early on is you really do need to get your counts correct.

Without a correct count you may as well flip a coin. I have therefore paid a lot of attention in practicing counting and it helps to bear in mind what the Captain has said on several occassions: each level contains three pushes and these three pushes occur in approximate 24 hour periods.

It was only in the last week that I have started to count the pushes to determine where the levels are - I think it was a comment last week from Sympathy that made me stop and go back to re-evaluate my counting process.

I'm getting better and rather than count, take a guess and then move on to the next currency pair, I have started to mark up the charts and then review them at the end of the day to see if I have got the count and my prediction of where the price is going to go correct.

One question, as I am sure this will have an impact on my achieving a correct count: Is it possible to have a period of consolidation AFTER a stop hunt has completed or have I mistaken what I thought was a final big Stop Hunt move from high to low as a further leg down - in which case my initial count is incorrect.

Would really appreciate a comment as this is key to making correct trading decisions. Thanks.

Regards

Ian N.

Welcome to the party bro

Post by **sympathy** » Mon Sep 07, 2015 9:49 am

PLS dont try dis at home

caca · Post by **caca** » Mon Sep 07, 2015 9:58 am

can you give me this indicator ,sympathy?

Thanks a lot

Post by **jedrula** » Mon Sep 07, 2015 9:59 am

IanN » 07 Sep 2015, 01:05 wrote:I've now read the PDF summary of this thread and am now up to page 437 of this thread and one thing I have realised from quite early on is you really do need to get your counts correct.

Without a correct count you may as well flip a coin. I have therefore paid a lot of attention in practicing counting and it helps to bear in mind what the Captain has said on several occassions: each level contains three pushes and these three pushes occur in approximate 24 hour periods.

It was only in the last week that I have started to count the pushes to determine where the levels are - I think it was a comment last week from Sympathy that made me stop and go back to re-evaluate my counting process.

I'm getting better and rather than count, take a guess and then move on to the next currency pair, I have started to mark up the charts and then review them at the end of the day to see if I have got the count and my prediction of where the price is going to go correct.

One question, as I am sure this will have an impact on my achieving a correct count: Is it possible to have a period of consolidation AFTER a stop hunt has completed or have I mistaken what I thought was a final big Stop Hunt move from high to low as a further leg down - in which case my initial count is incorrect.

Would really appreciate a comment as this is key to making correct trading decisions. Thanks.

Regards

Ian N.

Welcome.

Seems good for me.

I was expecting another SH today.
But they went up immediately, I was late. Maybe later they will test Low

2015-09-07_115725 gc.png

Zaleske · Post by **Zaleske** » Mon Sep 07, 2015 11:31 am

Caught that one. Nice three little pushes to the HOD and pins to trap the longs. I don't see them release the shorts they trapped end of last week though, so this should be short lived.

Post by **sympathy** » Mon Sep 07, 2015 12:19 pm

caca » Mon Sep 07, 2015 10:58 am wrote:can you give me this indicator ,sympathy?

Thanks a lot

Post by **sympathy** » Mon Sep 07, 2015 2:45 pm

Zaleske » Mon Sep 07, 2015 12:31 pm wrote:Caught that one. Nice three little pushes to the HOD and pins to trap the longs. I don't see them release the shorts they trapped end of last week though, so this should be short lived.

we just left level one on Friday heading to level two so if you are selling its a counter trend

Post by **xrismak** » Mon Sep 07, 2015 7:11 pm

sympathy » Mon Sep 07, 2015 8:14 am wrote:SCARY but i know where we are going

Soulful Sympathy,
I am thinking the Same too so I am going to Bail out on this Pair and take my Coins before the Fox Starts some Magical Moves that will make my Coins Evaporate.... The Next Move is Downwards Pretty Soon...

USD-CAD Buy-Long 07-09-15 (a).jpg

This is Good Enough, now let's go See what's Happening on the Other Side...

USD-CAD Buy-Long 07-09-15 (b).jpg

Happy Trading Y'all,

xrismak