The Captains Chest - Naked Trading & Other Stuff

caveywoolpert · Post by **caveywoolpert** » Fri Sep 18, 2015 4:24 pm

my last trade, this week was nice and volatile, hope everyone made a lot mulah for the weekend

Post by **sympathy** » Fri Sep 18, 2015 4:38 pm

caveywoolpert » Fri Sep 18, 2015 5:24 pm wrote:my last trade, this week was nice and volatile, hope everyone made a lot mulah for the weekend

Same with dis

sponn · Post by **sponn** » Fri Sep 18, 2015 6:48 pm

Could be a good time to long eu and short cad pairs.

sponn · Post by **sponn** » Fri Sep 18, 2015 7:20 pm

my bad with eurusd but cads are in play now

sponn · Post by **sponn** » Fri Sep 18, 2015 8:12 pm

Crazy end of the week. really

bodring · Post by **bodring** » Fri Sep 18, 2015 8:20 pm

sponn » Fri Sep 18, 2015 8:12 pm wrote:Crazy end of the week. really

Yes, indeed. One should not get used to such moves, because such moves occur once in a while and the next time you will be expexting more from your trades.

Post by **forexgeeker** » Sat Sep 19, 2015 8:56 am

Captain Jack » Thu Sep 17, 2015 10:13 pm wrote:For those having trouble determining if the pattern is a "W" or "M", keep this in mind....

When you see the "railroad tracks", and those pins, there is a "W" or "M" on a LOWER time frame....

And when you find the "M" or "W" forming on your chart, they are making the "railroad tracks" and the pins on the HIGHER time frame....

Use this information to find the "W" at the peak low or the "M" at the peak high... once you can locate these with ease, then you can start trading the levels and steps because then, and only then, will you KNOW where you are in the cycle and can trade accordingly. It doesn't matter when you locate them, once located, even late, use them to determine where you are in the cycle.

If you are new to this, trade only from the peak high and peak lows... when you can determine your location in the cycle ON A REGULAR BASIS, then you can trade the levels and pushes on the lower time frames... otherwise, stick to the higher ones.

I've said it before in the thread, but there it is again... DON'T MAKE THINGS HARDER THAN THEY NEED TO BE!

Check your past charts and you will see this easily.....once seen, it can't be unseen!

Now clear the clutter off your charts and let your knowledge be your only indicator... all those indicators are just like the beautiful magicians assistant in her colorful outfit... meant to draw your eyes away from the magicians trick!

Get NAKED or get fooled!! !

-CJ-

Hi CJ,

Good to see your post.You're such an inspiration for me as well as other members here.Not only for the knowledge and wisdom that you've shared to us,but in person,you have shown such a great example of generousity,kindness and humbleness that every human being should have.

I tell you what,If I were to have a great knowledge like you,I would have been on tour all over my country,doing classes,seminar,etc.Call for people to join and make them pay for it.You know,like what Steve Mauro's did!Be a well known trader,being famous,appear on Bloomberg sometimes and then go "Hey folks I talked to a dead man last night and he told me to go sell"...
Seriously,that's my mentality.Before.I admit.But not anymore..

You've inspired me not only to become a good trader,but also be a good human being.Thank you for that!

CJ,you have that option,to become a well known Guru,but you didn't.Instead,you choose to be anonymous,and share your wisdom freely.Infact,we don't even know your real name..

Hat's off to you. :hi: :hi:

sponn · Post by **sponn** » Sat Sep 19, 2015 12:39 pm

His real name is Jack Sparrow. Capt Jack Sparrow.

CJ many thx. Looks like I'm the only one who has seen it before, then was blind for a long timeand looks like I see it again.

AnotherBrian · Post by **AnotherBrian** » Sat Sep 19, 2015 5:20 pm

Captain Jack » Wed Aug 19, 2015 6:38 am wrote:Know what you are dealing with people....I rest my case...

http://www.rt.com/uk/312811-forex-rigging-london-fines/

-CJ-

Anybody know where the "fine" money goes? I read the general coffers. NOT back to those that got ripped off.
Looks like there are two levels of criminals here.....

aroo75 · Post by **aroo75** » Mon Sep 21, 2015 6:08 am

Well, hello. My first post here. Lurking but learning. Learning to recognise these patterns.
Rinse, wash , repeat. Anyway I'm throwing up AUDUSD 4h as it happens today, my understanding
of this :- 3 (or more) pushes up, higher higher etc. Price has come back. And I was wondering, is
this the "M" forming here and now wait for confirmation? Is price going down?

AUDUSDH4-20150921-1.png

CJ said you can find these same patterns, on any time frame, lets have a look at a daily
I saved back sometime ago.

AUDUSDDaily-TMA-0406-1.png

Is history telling the price about to move down? Lets wait and see.