The Captains Chest - Naked Trading & Other Stuff

The forum for Captain Jack and CJ related thingies.
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sympathy
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The Captains Chest - Naked Trading & Other Stuff

Post by sympathy »

Morning guys CJ posted a chart last night on AU. I just saw it now, some of you want to trade like him but its not possible, i cant even try it :D All am saying is....dont copy everything he is doing just do your own version from the strategy.he knows every turnings in the chart :D even the levels that will comeup next week he knows. please try as much as possible to depend on yourself ok. He posted this chart
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sympathy
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Post by sympathy »

dudest » Fri Oct 30, 2015 8:38 am wrote:

Thank you John, for everything

:hi:
Hey dudest, hope you are good.
Last edited by sympathy on Fri Oct 30, 2015 7:49 am, edited 1 time in total.
santos

The Captains Chest - Naked Trading & Other Stuff

Post by santos »

Could this be a possibility for the near future? Established new peak high?
Screenshot_1.jpg
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WhoKnows
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Post by WhoKnows »

Even the learners are starting to get there.
I thought it was risky yesterday... but with 8 pip mental stop I thought I'd better take the 2nd leg of the M.
Just made it to 1st target at 70 pip. With such RR you can take risk....
BTW... This was not the only trade this week in the pins or close. :D

Last week 60% of trades in profit, this week 75%. But more important than success rate is the potential RR. With CJ's method you would probably even be profitable at 25%.

Never in my 10 year trading I came close to this. Thanks all you guys / and girls.

Now I have to keep working on patience to wait for the setups to form. And work on taking profit instead of giving most of it back in 'news induced' reversals. Still missing most trades that e.g. Sympathy posts, I only go for the easy to see stuff. In time and with practice I hope to include more and more of his and CJ's approach in my own repertoire.

Still all DEMO, but getting ready to go live in two weeks. With mini lots :oops:
Even when a little money is on the line, one's behavior tends to change. Mini lots will be my way to 'DEMO' with some increased pressure/ beer money.
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Silweri
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Post by Silweri »

I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?
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forexgeeker
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Post by forexgeeker »

Silweri » Fri Oct 30, 2015 5:36 am wrote:I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?

I'm not an expert,but I think your chart looks all right... :good:
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Jurij
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Post by Jurij »

Captain Jack » Fri Oct 30, 2015 2:31 am wrote:Why make it so hard??

-CJ-
CJ your chart just cleared something up that I misunderstood.

The peak high in this case is not the highest high in the entire curve, it just happens to be the most
recent topping formation with an M pattern. I thought the peak high has to be the highest high in the bigger swing... Now this clears it up.

Thank you for your patience. I'm sure you feel like explaining the color red to someone who is colorblind :arrrg:
Download.png
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Last edited by Jurij on Fri Oct 30, 2015 10:19 am, edited 1 time in total.
“And those who were seen dancing were thought to be insane by those who could not hear the music.” ― Friedrich Nietzsche
mtl
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Post by mtl »

sympathy » Fri Oct 30, 2015 8:46 am wrote:Morning guys CJ posted a chart last night on AU. I just saw it now, some of you want to trade like him but its not possible, i cant even try it :D All am saying is....dont copy everything he is doing just do your own version from the strategy.he knows every turnings in the chart :D even the levels that will comeup next week he knows. please try as much as possible to depend on yourself ok. He posted this chart

I was there to see your picture something else :D

what CJ wants us all the time told :hi:

I do not know but I do not understand these levels :oops: :oops: :oops: :oops: :oops:
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forexgeeker
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Post by forexgeeker »

Silweri » Fri Oct 30, 2015 5:36 am wrote:I would ask for opinions about AUDJPY for learning purpose.

Is this right? What am I missing?

Or Maybe we could have one more push to the low,before a big rise,which will coincides with CJ prediction on EJ...As we all know AJ and EJ is positively correlated pair..They won't agree all of the time,but most of the time they are...I don't know,but that's what I think... :youknow:
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sympathy
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Post by sympathy »

WhoKnows » Fri Oct 30, 2015 9:52 am wrote:Even the learners are starting to get there.
I thought it was risky yesterday... but with 8 pip mental stop I thought I'd better take the 2nd leg of the M.
Just made it to 1st target at 70 pip. With such RR you can take risk....
BTW... This was not the only trade this week in the pins or close. :D

Last week 60% of trades in profit, this week 75%. But more important than success rate is the potential RR. With CJ's method you would probably even be profitable at 25%.

Never in my 10 year trading I came close to this. Thanks all you guys / and girls.

Now I have to keep working on patience to wait for the setups to form. And work on taking profit instead of giving most of it back in 'news induced' reversals. Still missing most trades that e.g. Sympathy posts, I only go for the easy to see stuff. In time and with practice I hope to include more and more of his and CJ's approach in my own repertoire.

Still all DEMO, but getting ready to go live in two weeks. With mini lots :oops:
Even when a little money is on the line, one's behavior tends to change. Mini lots will be my way to 'DEMO' with some increased pressure/ beer money.
Take them all :D
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