The Captains Chest - Naked Trading & Other Stuff

Post by **botrak** » Fri Oct 30, 2015 6:04 pm

Captain Jack » Fri Oct 30, 2015 2:16 pm wrote:
botrak » Fri Oct 30, 2015 9:36 am wrote:
Captain Jack » Fri Oct 30, 2015 5:48 am wrote:
Piter80 » Fri Oct 30, 2015 1:29 am wrote:That You for Your lessons and patience CJ.
I have only one question.
Why it's not level one?

All the best
Why would you call that Level one drop? You draw the levels for me because I've drawn them over and over...

Show me your peak low, the 3 levels or rise and retrace and then show me your level one drop...

-CJ-

I think confusion with levels comes from here:

Confusion also comes from taking charts out of context with the discussions concerning each individual chart and the generalization of those charts.... each has it's own story and are marked accordingly.

So many fail to realize that there are cycles within the cycles and they create their own confusion.

My levels are and always have been marked where price pauses and creates a level...IN NO CHART HAVE I EVER DRAWN A LEVEL AT A CANDLE TOP OR PEAK, AS SOME ARE TRYING TO DO...

If my explanations do not suffice, then so be it... I know no other way to say what I've been saying over and over again

-CJ-

Idea of cycles within the cycles is not hard. But hard to deal with them in in real time.

Post by **sympathy** » Fri Oct 30, 2015 6:08 pm

rambo06 » Fri Oct 30, 2015 6:45 pm wrote:
sympathy » Fri Oct 30, 2015 5:20 pm wrote:Some of you didn't read this thread at all you guys refused to start from the scratch which is accumulation....stop-hunt and M/W pattern that is why you guys are finding it difficult to understand. Almost all my trades are from that particular process, i will never forget that pattern because that is the root of this methodology.if you don't understand the beginning, am sorry you are not going anywhere. After RRT/M/W pattern, price will move in 3 pushes/ levels......go back to that same pattern and practice them. May GOD bless CAPTAIN :hi:
Sympathy,

This is exactly what were are looking at on GU right now, correct? Price left the range/accumulation with 3 level drop. now it is reverting back to range/ next to be followed with the true direction/real 3 levels.

Rambo

Post by **sympathy** » Fri Oct 30, 2015 6:09 pm

Happy weekend guysssssss

see you on monday

Post by **forexgeeker** » Fri Oct 30, 2015 6:44 pm

Captain Jack » Fri Oct 30, 2015 7:41 am wrote:
forexgeeker » Fri Oct 30, 2015 6:32 am wrote:
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:
You should not get attached to the false illusions of correlation... there is none here between these 2, they follow different paths...

To say AJ follows EJ infers AUD follows EUR and that is not the case...

-CJ-

Alright Captain,I'll follow your advice... :hi:

santos · Post by **santos** » Fri Oct 30, 2015 7:26 pm

Makkuin » Fri Oct 30, 2015 7:15 pm wrote:
forexgeeker » Sat Oct 31, 2015 12:44 am wrote:
Captain Jack » Fri Oct 30, 2015 7:41 am wrote:
forexgeeker » Fri Oct 30, 2015 6:32 am wrote:
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:
You should not get attached to the false illusions of correlation... there is none here between these 2, they follow different paths...

To say AJ follows EJ infers AUD follows EUR and that is not the case...

-CJ-
Alright Captain,I'll follow your advice... :hi:

:[/quote

Maybe?

Screenshot_1.jpg

santos · Post by **santos** » Fri Oct 30, 2015 7:38 pm

Im not as experienced as sympathy or ofcourse CJ and other users, but in a nutshell, the wave your in, in the higher timeframes is of huge importance, because if youre in an up wave and youre shorting you will lose sooner or later, if the push (wave) is up, we will look on the lower timeframes to see when the banks are pushing it down to fool people to get a better price to go back up and we get in at the W's or M's.

A good weekend to everyone and thanks for your patience with me. :hi:

Captain Jack · Post by **Captain Jack** » Fri Oct 30, 2015 8:06 pm

Makkuin » Fri Oct 30, 2015 4:04 pm wrote:
Makkuin » Sat Oct 31, 2015 12:10 am wrote:
sympathy » Fri Oct 30, 2015 11:39 pm wrote:I believe you guys understand the pattern
Я хотел сказать БАБА ЯГЯ ПРОТИВ
Это не моя валютная пара - НО,я хочу сказать торговать можно любой парой и меня удивляет когда некоторые трейдеры (как они себя ВЕЛИЧАЮТ ) успевают торговать как минимум 5-6 валютными парами это просто абсурд

English please so we all can understand...

-CJ-

Piter80 · Post by **Piter80** » Fri Oct 30, 2015 9:05 pm

Thank You CJ for Your help and patience,
I have one more question,
What with very big pins?Treat them as a new PH or not to pay any attention?

Chart_AUD_NZD_4 Hours_snapshot.png

zacorbul · Post by **zacorbul** » Fri Oct 30, 2015 9:17 pm

Just in case anybody misses/wants a tick indi, I found quite a good one on another forum. Put Log tick first, then Post tick

rambo06 · Post by **rambo06** » Fri Oct 30, 2015 11:29 pm

sympathy » Fri Oct 30, 2015 6:08 pm wrote:
rambo06 » Fri Oct 30, 2015 6:45 pm wrote:
sympathy » Fri Oct 30, 2015 5:20 pm wrote:Some of you didn't read this thread at all you guys refused to start from the scratch which is accumulation....stop-hunt and M/W pattern that is why you guys are finding it difficult to understand. Almost all my trades are from that particular process, i will never forget that pattern because that is the root of this methodology.if you don't understand the beginning, am sorry you are not going anywhere. After RRT/M/W pattern, price will move in 3 pushes/ levels......go back to that same pattern and practice them. May GOD bless CAPTAIN :hi:
Sympathy,

This is exactly what were are looking at on GU right now, correct? Price left the range/accumulation with 3 level drop. now it is reverting back to range/ next to be followed with the true direction/real 3 levels.

Rambo

Thank you Sympathy. I really appreciate your reply as well as all of your help bro.

Rambo