The Captains Chest - Naked Trading & Other Stuff

Jurij · Post by **Jurij** » Mon Nov 02, 2015 9:47 am

I think EURGBP is bottoming, anyone else?

eurgbp 4h cycle.png

The only doubt about this is the stop hunt between level 2 and 3, which would make level 3 yet to happen?

Piter80 · Post by **Piter80** » Mon Nov 02, 2015 9:58 am

your 3 its SH.
Gbpchf waiting for M

Jurij · Post by **Jurij** » Mon Nov 02, 2015 10:05 am

sympathy » Mon Nov 02, 2015 8:56 am wrote: Nice one but becareful because its not gona go far. we just need one more pushup before it drops.

maybe after the drop we have a level 3 in place on the daily?

Post by **sympathy** » Mon Nov 02, 2015 10:12 am

Jurij » Mon Nov 02, 2015 11:05 am wrote:
sympathy » Mon Nov 02, 2015 8:56 am wrote: Nice one but becareful because its not gona go far. we just need one more pushup before it drops.
maybe after the drop we have a level 3 in place on the daily?

levels count don't work that way on daily tf. it will confuse you, just stick to 4hr/1hr levels.

Jurij · Post by **Jurij** » Mon Nov 02, 2015 10:15 am

sympathy » Mon Nov 02, 2015 9:33 am wrote:Its just so easy for me just want to let you guys know that you can do it. practice very well and stick to one pattern, that is all you need.

Since you are long, is this 4H down cycle correct? Or are you just scalping a few pips?
Thanks for the charts and help!

Jurij · Post by **Jurij** » Mon Nov 02, 2015 10:18 am

sympathy » Mon Nov 02, 2015 11:12 am wrote: levels count don't work that way on daily tf. it will confuse you, just stick to 4hr/1hr levels.

Yeah probably you are right.
Just saw this chart from CJ

caca · Post by **caca** » Mon Nov 02, 2015 10:54 am

basis pattern its below
I see it everywhere

am i right, sympathy ?

Post by **sympathy** » Mon Nov 02, 2015 11:01 am

Jurij » Mon Nov 02, 2015 11:15 am wrote:
sympathy » Mon Nov 02, 2015 9:33 am wrote:Its just so easy for me just want to let you guys know that you can do it. practice very well and stick to one pattern, that is all you need.
Since you are long, is this 4H down cycle correct? Or are you just scalping a few pips?
Thanks for the charts and help!

there is one thing you need to understand in forex trading, we don't just enter a trade because of what we expect or upcoming levels, we trade in the direction of the general trend. we just completed level3 what do you think will happen to price. price must retrace backup before going down ok. i only know about today,i don't what will happen tomorrow so i trade what i see for now.todays result will determine how i will trade tomorrow ok. I think CAPTAIN will look into UCAD so that we all learn from it

Post by **sympathy** » Mon Nov 02, 2015 11:04 am

caca » Mon Nov 02, 2015 11:54 am wrote:basis pattern its below
I see it everywhere

am i right, sympathy ?

hahahaha its everywhere bro, if i tell you the meaning of that pattern you will smile

caca · Post by **caca** » Mon Nov 02, 2015 11:15 am

sympathy » 02 Nov 2015, 12:04 wrote:
caca » Mon Nov 02, 2015 11:54 am wrote:basis pattern its below
I see it everywhere

am i right, sympathy ?
hahahaha its everywhere bro, if i tell you the meaning of that pattern you will smile

this pattern + right direction= home