The Captains Chest - Naked Trading & Other Stuff

Post by **ZumZum** » Tue Nov 10, 2015 9:38 am

britanniauk » Tue Nov 10, 2015 11:26 am wrote:Well it took me a week to read the whole thread and im still non the wiser. Im so confused guys i cant get the counting of the levels right at all...HELP!

Just keep practicing, arm yourself with patience and you'll get there eventually. There's no magic pill or easy way to learn it. Sympathy mentioned it took him about a year to get where he is now and he's still learning (quote)

and post your charts.

:hi:

Zaleske · Post by **Zaleske** » Tue Nov 10, 2015 9:40 am

Trying to make plans. No mapping involved, only guesswork.

AUDJPY_2015-11-10_10-39-10.jpg

Post by **ZumZum** » Tue Nov 10, 2015 9:43 am

blazej » Tue Nov 10, 2015 11:12 am wrote:My attempt with audchf... let's see if it works.

I'm 'married' to it for quite a while now:

AUDCHFH4.png

Post by **ZumZum** » Tue Nov 10, 2015 9:47 am

Round 2:

EURJPYH1.png

CADJPYH1.png

britanniauk · Post by **britanniauk** » Tue Nov 10, 2015 9:50 am

Cheers chaps ill keep plugging away!

Post by **fahedksa** » Tue Nov 10, 2015 10:04 am

Ny View
EURGBP
4H Level 3-Push 2 down
1H L2 Down
Sell

sponn · Post by **sponn** » Tue Nov 10, 2015 10:07 am

Any thoughts about eurgbp ? It is retracement on level 1 uptrend or what ?

Jurij · Post by **Jurij** » Tue Nov 10, 2015 10:09 am

sponn » Tue Nov 10, 2015 11:07 am wrote:Any thoughts about eurgbp ? It is retracement on level 1 uptrend or what ?

How I see it, could be wrong

eurgbp 4h.png

EDIT: added map

eg mnthly map.png

Although I'm not sure if we get another leg up or if the compressed M is already included.
So don't bet on it yet

(also see source pattern)

JC5RxyN.png

sponn · Post by **sponn** » Tue Nov 10, 2015 10:18 am

My thoughts are the same.. But why level 3 is not confirmed. I don't think we must heve got double top or someting like this on level 3. Turnaround after 2 levels and SH is enough.

Jurij · Post by **Jurij** » Tue Nov 10, 2015 10:24 am

sponn » Tue Nov 10, 2015 11:18 am wrote:My thoughts are the same.. But why level 3 is not confirmed. I don't think we must heve got double top or someting like this on level 3. Turnaround after 2 levels and SH is enough.

Yes I would agree. Maybe a long on a retracement to peak low after some pins (or W) as confirmation on m15...