The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Fri Sep 25, 2015 7:21 pm

jedrula » Fri Sep 25, 2015 10:31 am wrote:What is wrong on these pictures ?

Are they correct levels?

Anyone ?

You are right ok

sponn · Post by **sponn** » Fri Sep 25, 2015 8:17 pm

Damn. I stuck again... I was trading last three weeks with CJ method. I was on my vacations from 3rd Sept. I started on monday or tuesday 8th. From 8th to 17th it was like a dream Sucess rate over 60%. Loses were small around 30 pips. Biggest one was 70 pips. Winning trades were around 90 pips average. Biggest ones over 200. I have made around 5000 pips in 7-8 trading days.

And something stopped. I have taken dumb trades on last Friday evening (I have got short UCAD, long GBPusd). I left the trades without stop loses.From this Monday I was back to work. A lot of work in my job. Anyway I have to take the loses so I lost around 2000 pips this week. Even more I have lost around 600 today trying to long GNZD and ENZD from double bottoms and price fall like a stone.

So I don't know if I have got so much luck for almost two weeks or it is something with my work. Hard to say. I remember that efter bad trades on EAUD (pic was attached) I missed lovely turnaround on ENZD and EAUD yesterday.

Probebly I turned on "GOD MODE". I was so sure that I can't be wrong that I tried to catch the price not wait for it. Also maybe I have never seen it. Or it is second time when I saw it for a short time and I'm blind again.

But I'm still standing and try to slowdown and slowly get all the things into the right place I hope.

Losson learned.

PS. Don't turn on the GOD MODE even if ou are making nice amount of pips.

Post by **xrismak** » Sat Sep 26, 2015 12:12 am

sponn » Fri Sep 25, 2015 8:17 pm wrote:Damn. I stuck again... I was trading last three weeks with CJ method. I was on my vacations from 3rd Sept. I started on monday or tuesday 8th. From 8th to 17th it was like a dream Sucess rate over 60%. Loses were small around 30 pips. Biggest one was 70 pips. Winning trades were around 90 pips average. Biggest ones over 200. I have made around 5000 pips in 7-8 trading days.

And something stopped. I have taken dumb trades on last Friday evening (I have got short UCAD, long GBPusd). I left the trades without stop loses.From this Monday I was back to work. A lot of work in my job. Anyway I have to take the loses so I lost around 2000 pips this week. Even more I have lost around 600 today trying to long GNZD and ENZD from double bottoms and price fall like a stone.

So I don't know if I have got so much luck for almost two weeks or it is something with my work. Hard to say. I remember that efter bad trades on EAUD (pic was attached) I missed lovely turnaround on ENZD and EAUD yesterday.

Probebly I turned on "GOD MODE". I was so sure that I can't be wrong that I tried to catch the price not wait for it. Also maybe I have never seen it. Or it is second time when I saw it for a short time and I'm blind again.

But I'm still standing and try to slowdown and slowly get all the things into the right place I hope.

Losson learned.

PS. Don't turn on the GOD MODE even if ou are making nice amount of pips.

Spoon,

You are Not the Only one in that Boat, I had a rough 2 weeks of trying to get all my Lost Coins back from the fox on the GBP-NZD Currency Pair, but hehehehehehehehe, I am Smiling now because of my Determination,

GBP-NZD Sell (a).jpg

I did not loose FOCUS, I just Planned my Trade and Traded my Plan and Got all my Coins back with Style off the Fox, I Bought and Sold all the Way from the TOP taking Profit as the Currency Pair did it's Ying-Yang Moves

GBP-NZD Buy- Sell (a).jpg

GBP-NZD Buy- Sell (b) 25-09-15.jpg

I knew it would take a while but it is what it is, So long as I Got my Coins back.

Yeah GBP-NZD, now I am Good... 26-09-15.jpg

Every Good Trader must go through a Loosing Streak at some Point in time to Understand that they aren't Invincible. Thank your Lucky Stars it Happened to You because Now you will know how to Deal with the Loses and Your Money Management will be Very Tight for the Future Trades.

Happy Trading Folks,

xrismak

Post by **jedrula** » Sat Sep 26, 2015 10:15 am

Every Good Trader must go through a Loosing Streak at some Point in time to Understand that they aren't Invincible. Thank your Lucky Stars it Happened to You because Now you will know how to Deal with the Loses and Your Money Management will be Very Tight for the Future Trades.

Happy Trading Folks,

xrismak

very well said

Post by **jedrula** » Sat Sep 26, 2015 10:45 am

hey guys

Analysis of "big picture"

It may take days, weeks or maybe a month but sooner or later will go up ...probably

gu D1.png

gu h4.png

GoldenFinger · Post by **GoldenFinger** » Sat Sep 26, 2015 5:03 pm

Guys, I am trying hard to grasp all the concepts CJ has showed us, I believe IMHO price mapping is the vital piece for this whole puzzle, rrt, pin, levels, push, M, W are only signs that CJ illustrated to us for us to better understand the underlying knowledge. Just knowing levels and W,M might boost our winning probability but we will never see the forex market like CJ does, which is full of deceptions and rigged. Like CJ said, everything begins at tick level, and tell us to focus on price and pattern do repeat, when I scrolled through the chart, this is what I found , almost identical pattern!

I try to convicned myself that pattern will generally repeat if we cherry pick it , but still i find it hard to believe for every single move and turn to be almost the same
I wondered if this is just pure coincidence, or there is bigger reason behind this, what exactly cause this, maybe someone who can manipulate the market paint it for us, thus causing the same pattern overtime. As there are really limited discussions about this, so i really want to know u guys' insights about this, and if u guys have managed to master the tick level thing, your inputs are appreciated , and may one day we all meet in the rabbit hole!

Pardon me for my English ~

caveywoolpert · Post by **caveywoolpert** » Mon Sep 28, 2015 8:12 am

There is third level and M on usd/chf, took shorts

Post by **jedrula** » Mon Sep 28, 2015 8:35 am

caveywoolpert » 28 Sep 2015, 10:12 wrote:There is third level and M on usd/chf, took shorts

same on ECH, I'm looking for second chance to enter at higher price

2015-09-28___10_32_11.png

edit:

hm... I think I was wrong.
I marked SH as Level 1

maybe now is good ? Counting levels is very subjective, and I still make mistakes

2015-09-28___10_57_24.png

sponn · Post by **sponn** » Mon Sep 28, 2015 11:14 am

Yeah counting the levels is easy when you counting tchem after the movement. But it is not easy to find in real time what level and what push we are now.

IanN · Post by **IanN** » Mon Sep 28, 2015 1:27 pm

EURGBP-sbH1 20150928.png

Anyone notice a big 'M' at the top of EURGBP or am I misreading the one hour chart? The last leg looks as if it has gone walkabout!!

Regards

Ian N.