The Captains Chest - Naked Trading & Other Stuff

[srt]

MY analysis is probably wrong as I'm still studying the method but I almost see your level 2 as level 1. UJ has been in a sideways channel for quite some time then a "fake" move lower with a quick return to the channel. So the first push away from the channel is level 1 and this last push is level 2 so now expecting a SH before a push to level 3.

Most likely incorrect but......

Higher probability of being correct than incorrect...

-CJ-

Just added my chart view above for visual of what I see.

[Captain Jack]

MY analysis is probably wrong as I'm still studying the method but I almost see your level 2 as level 1. UJ has been in a sideways channel for quite some time then a "fake" move lower with a quick return to the channel. So the first push away from the channel is level 1 and this last push is level 2 so now expecting a SH before a push to level 3.

Most likely incorrect but......

Perhaps something like? (learning as well here)

Or possibly this one...

-CJ-

[albchr]

Or possibly this one...

-CJ-

Possibly. I think the point is we don't have enough data yet?

EDIT: I'm glad you captured that chart John. Tired to add this to my last post and I don't know what happened to the one I posted?

But from a daily fib pull, I'd be looking at something like this possibly.

USDJPYiH4.png

[subashr]

art of prediction ?
the chart tells the info and listen to it rather than doing something that is not there yet.

never underestimate the volumes that not been hunted yet.. they will come back for it. the hint- look for lower retest 120 area. good luck traders.

https://www.mql5.com/en/charts/4191180/ ... tments-inc

[FXe3]

How about UJ Weekly something like this?

[Wisznu]

Personally I concur with Srt. It looks like second level to me, but why you guys are focused on U/J? Many pairs with clearer setups to trade.

BTW: Similarity of H4&W1 is interesting. Maybe H4 will show the way? Piter, if I remember corectly you followed your map for this pair, what do You think about that?

[Captain Jack]

Hello, all
This is my first posting here. I would thanks to Stevehopwood, Captain Jack and some other senior members here who have create, share and give this amazing stuff to help newbie trader like me. I have been registered at SHf for almost one year now, but still being silent reader (posted at another thread). I think after finding this thread and read the pdf and see other member posted his pictures (especially Captain Jack), learning and study naked chart is very interested me much. Thank you Captain Jack for your kindness sharing the knowledge about reading the market from naked chart. God Bless you and your family.. :hi: .
This is my view on EURAUD D1 timeframe.. first time posted picture I hope that anybody here will correct my mistake about counting levels..
BTW..Happy Birthday to you Captain Jack..

Welcome to the thread....

Thank you and looks reasonable...

-CJ-

[Jurij]

Many reasons to be bullish AUDUSD

au d1.png

AU 15m.png

And if this isn't enough, the monthly pattern is currently repeating on a smaller time frame...

AU mn1.png

The first level on my 15m chart doesn't look nice but we also had a small SH just before the W which is forming right now (but I could be jumping the gun here).

Good trading week

[meirk]

AUDNZDDaily.png

AUDNZD for your consideration....

-CJ-

C J I took the consideration with two hands and with BARF
look on the daily chart you will see the pins

[Captain Jack]

C J I took the consideration with two hands and with BARF
look on the daily chart you will see the pins

Nice entry, now lets hope it has some legs!

-CJ-