The Captains Chest - Naked Trading & Other Stuff

Post by **sukui** » Wed Nov 18, 2015 10:24 am

HI sympathy,

Thanks for your posts I like them very much and hope seeing you posting in the future as well.
Can you explain me why you decided to go long on this pair? I can't see it.

Thanks

Peter

sympathy » Wed Nov 18, 2015 10:52 am wrote:GU

Silweri · Post by **Silweri** » Wed Nov 18, 2015 10:37 am

sympathy » Fri Nov 13, 2015 1:58 pm wrote:just want to drop some charts that i took today just as simple as my BOSS taught me
I added more entries on this one, i was waiting to see a W pattern but moves straight away

It would be nice if you would show example how you deal with these kind of situations...

Price went straight down after this. Where did you close orders

:

Silweri · Post by **Silweri** » Wed Nov 18, 2015 10:39 am

sympathy » Fri Nov 13, 2015 2:02 pm wrote:Accumulation Extension and W pattern is all you need

Same here.

When do you deside trade is bad

:

Silweri · Post by **Silweri** » Wed Nov 18, 2015 10:45 am

sympathy » Thu Nov 12, 2015 6:37 pm wrote:
FXe3 » Thu Nov 12, 2015 2:51 pm wrote:EU 15min slope of price is well defined since last week. Price continues to work lower within the slope. Right leg of the W has yet to form or it could have formed an M already!!!! I'm waiting on more info, maybe guys with more experience with the method have a better handle on the action.
Hey bro, nice chart i don't know how you use those stuffs in your chart but as far as its giving you what you want ok. here are the levels on EU.

This one too reversed shortly after.

How do you make decisions to close trades that does not go like planned?

Thanks

Post by **matt_32** » Wed Nov 18, 2015 10:46 am

Possible ABC forming on EURGBP

Post by **sympathy** » Wed Nov 18, 2015 11:07 am

matt_32 » Wed Nov 18, 2015 11:46 am wrote:Possible ABC forming on EURGBP

As a trader, when price is going against me i close my trades just remember that you have to take what is given

Post by **sympathy** » Wed Nov 18, 2015 11:10 am

Hey guys, Am always with my system so whenever am trading i monitor them especially when am scalping. you have to plan your trade and trade the plan

Jurij · Post by **Jurij** » Wed Nov 18, 2015 11:17 am

Just observing this to train mapping skills

1u 1m 5m map.png

5min up then down

sympathy » Wed Nov 18, 2015 10:10 am wrote: you dont need all this stuffs bro. just learn how to trade the usual patterns, they are all desame in all pairs. if you continue to flip all pairs looking for price mapping it will be difficult for you to learn, for example on the pair you just posted, i have already entered the trade last night so i don't need to map price before i trade because i already know the process. so just try and master the normal strategy ok.

hehe you're right. but this price mapping thing is just awesome, like gps navigation but for trading

I don't know but it is hard to count to 3 for me, I must complicate things.

Silweri · Post by **Silweri** » Wed Nov 18, 2015 11:19 am

sympathy » Wed Nov 18, 2015 1:07 pm wrote:
matt_32 » Wed Nov 18, 2015 11:46 am wrote:Possible ABC forming on EURGBP
As a trader, when price is going against me i close my trades just remember that you have to take what is given

I understand that and do the same also.

I would just want to see example about your closed trades to study

Could you, for example, show where were these closed?

Thank you so much

sympathy » Fri Nov 13, 2015 1:58 pm wrote:just want to drop some charts that i took today just as simple as my BOSS taught me
I added more entries on this one, i was waiting to see a W pattern but moves straight away

I myself closed this as seen below. I'm taking short position as I expect little more down movement.

ChristianK · Post by **ChristianK** » Wed Nov 18, 2015 11:26 am

sympathy » Wed Nov 18, 2015 9:50 am wrote:Posting my EU

Hi Sympathy,
Could you pls let me know that do you expect eurusd will go down to level 3 after this spike up? Because so far there are 2 levels down. May be (very likely) my leveling is wrong ?
Thanks for the help.
Chris