The Captains Chest - Naked Trading & Other Stuff

caveywoolpert · Post by **caveywoolpert** » Mon Oct 05, 2015 5:35 pm

monty » Mon Oct 05, 2015 3:56 pm wrote:Hi Guys.

What do you think of the G/A. Is it on 3th level down, I just can't figure it out.

Any comments.

yes, i sold it on friday expecting lvl 3 drop, seems it can make some more to the downside

Post by **sympathy** » Mon Oct 05, 2015 6:11 pm

monty » Mon Oct 05, 2015 4:56 pm wrote:Hi Guys.

What do you think of the G/A. Is it on 3th level down, I just can't figure it out.

Any comments.

good setup... but you have to wait and see if the recent candle will close above previous low or bellow previous low, once it closes above it, nice setup. thats how i do it ok.

sponn · Post by **sponn** » Mon Oct 05, 2015 6:18 pm

sympathy » Mon Oct 05, 2015 8:11 pm wrote:
monty » Mon Oct 05, 2015 4:56 pm wrote:Hi Guys.

What do you think of the G/A. Is it on 3th level down, I just can't figure it out.

Any comments.
good setup... but you have to wait and see if the recent candle will close above previous low or bellow previous low, once it closes above it, nice setup. thats how i do it ok.

Hello sympathy. So you are waiting for a candle close. Are you talking about 15 mins candle or 1H ?

Post by **sympathy** » Mon Oct 05, 2015 7:26 pm

sponn » Mon Oct 05, 2015 7:18 pm wrote:
sympathy » Mon Oct 05, 2015 8:11 pm wrote:
monty » Mon Oct 05, 2015 4:56 pm wrote:Hi Guys.

What do you think of the G/A. Is it on 3th level down, I just can't figure it out.

Any comments.
good setup... but you have to wait and see if the recent candle will close above previous low or bellow previous low, once it closes above it, nice setup. thats how i do it ok.
Hello sympathy. So you are waiting for a candle close. Are you talking about 15 mins candle or 1H ?

4hr

monty · Post by **monty** » Mon Oct 05, 2015 11:52 pm

sympathy » Mon Oct 05, 2015 8:26 pm wrote:4hr

Thank Guys for your inputs. It's all appreciated by we all newbees on this method.

Now the 4H candle closed below the previous one.
Am I right to assume the 3th level is proceeding to a lower level may be 2.1090sh.

Thank you all.

Piter80 · Post by **Piter80** » Tue Oct 06, 2015 4:38 am

Why are You long if You know they going down?They can fall another 100,200,500 pips if large enough profit there waiting.I know it's demo and You don't care,but in this way You learning bad habits.

all the best

sponn · Post by **sponn** » Tue Oct 06, 2015 5:06 am

Now could be the time to long gu but it will be counter trend so beware. Of course you have t wait for a nice W formation.

EDIT: GAUD not gu

Piter80 · Post by **Piter80** » Tue Oct 06, 2015 5:33 am

Gbpnzd looks better to go long

kolo · Post by **kolo** » Tue Oct 06, 2015 6:08 am

Gbpcad as well

dudest · Post by **dudest** » Tue Oct 06, 2015 7:12 am

Captain Jack » Wed Sep 30, 2015 8:57 pm wrote:You can't have all the fun Sympathy...

...

-CJ-

Hi John, too bad you were not posting when I was pulling down these...

usdjpy1.png

usdjpy2.png

#ignored_child