The Captains Chest - Naked Trading & Other Stuff

MosDef · Post by **MosDef** » Mon Dec 07, 2015 12:35 pm

sympathy » Mon Dec 07, 2015 11:27 am wrote:
InfiniteLoop » Mon Dec 07, 2015 12:14 pm wrote:
It's gone be a range day, they're all over the place with acc.
yes bro its always a range day...how was your weekend hope you are good.

Yes, I think I see the same level 1 up on the EU and I see a second push down on H1. If my analysis is correct, will enter long EU after one more push and SH..

PipTrawler · Post by **PipTrawler** » Mon Dec 07, 2015 12:55 pm

InfiniteLoop » Mon Dec 07, 2015 11:43 am wrote:PipTrawler

1. Please don't write everything in one block, it's hard to read.
A. OK

2. Static is a relative term, it depends on the period of time. Something that looks static inside a day, won't
look static on a larger scale. Static also doesn't mean it does not changes from time to time.

A. Yes I get that.

3. Again, I do not look at volume, I was very specific about that.

A. Ok sorry I misunderstood, when you said your method is based on "Volume Price Analysis". I just
assumed you used tick volume ( but not in conventional way), relative to specific price points as not
aware of any other method to quantify volume in forex.

4. As far as I know, there's no optimum level of acc.

A. Well my point being if the TPTB are accumulating longs, there will likely be a lower price point and
an upper price point to spread the orders and gain an average likewise as they are unwinding the same
principal applies as they accumulate short orders, so their orders aren't just dumped on to the market.

5. Again, x period chart does not mean x period cycle.

A. My understanding from Cj's writing is everything is
repeatable across the time frames, so the 3 to 5 day cycle containing the (15min) 3 levels of Low, rise,
accum, rise, accum, rise then maybe M pattern type accum will appear on all time frames but obviously
the greater the time frame the longer it takes to manifest. So for example there may well be 20 or 30
"3to5" day cycles happen within 1 weekly cycle.

It would make no sense to look at what's hapening inside a week on a weekly chart.

A. I totally agree on this that is why I was saying for a 1 hour candle looking at the ticks that make up the
hour or 1m 5m bars etc

You need to stop thinking like you were thought through most of your life, go outside of the box.

A. Truly I am trying, I have never used any indicators on the basis that they have been
provided for us to ensure we react the way they want us to. Keeping the herd very predictable.

I hope the above format is easier on the eye, still trying to get used to the layout. And once again thanks
for reply Infinite.
Would appreciate feedback from anyone on that weekly EU chart I posted in terms of the 3
levels and w & M patterns and my thinking that the period since March this year has been accumulation
for a higher retrace. Thanks Guys.

InfiniteLoop · Post by **InfiniteLoop** » Mon Dec 07, 2015 1:37 pm

I won't be here for the rest of the day
so this is my approach:

- EURUSD they are acc BUY orders, short and long term, holding BUY
- GBPUSD is behind EURUSD on acc., but they still have a lot of orders from before so it's not clear, but longterm is BUY without question
- USDCAD they are still increasing acc. of SELL orders, so holding SELL
- AUD and NZD will move up , risky, but holding BUY
- USDJPY is problematic, it's not set up as the other pairs, probably preparing for the night and the push down, that's why the change in short term acc.

PipTrawler · Post by **PipTrawler** » Mon Dec 07, 2015 1:54 pm

Hi To the experienced Fox Hunters. Is this thinking keeping up with the hunt ? Thanks
Edit: 15min EU

EU 15 min.png

Tom822 · Post by **Tom822** » Mon Dec 07, 2015 3:35 pm

This day was full of false signals that consistently brought certain losses, for example:

USD/CAD - false "M", false pinbars suggesting that this pair should go on south, hit ADR and no reversal;
AUD/USD - false "trap" signal was formed
NZD/USD - false "W" was formed, moreover this pair hit at ADR and no reversal

Or maybe only I believed in above false signals? Am I doing something wrong and there was a chance to avoid these false signals?

PipTrawler · Post by **PipTrawler** » Mon Dec 07, 2015 3:49 pm

Tom822 » Mon Dec 07, 2015 3:35 pm wrote:This day was full of false signals that consistently brought certain losses, for example:

USD/CAD - false "M", false pinbars suggesting that this pair should go on south, hit ADR and no reversal;
AUD/USD - false "trap" signal was formed
NZD/USD - false "W" was formed, moreover this pair hit at ADR and no reversal

Or maybe only I believed in above false signals? Am I doing something wrong and there was a chance to avoid these false signals?

Hi Tom I'm not sure either here buddy but decided to have a crack and as I am scalper like low risk entries. So got this one in the game and taken half of position off at +35 pips and half position covered. Will add as I see opportunity and manage same way. If it turns out rotten nothing lost.

15min EU scalp.png

Post by **subashr** » Mon Dec 07, 2015 4:09 pm

oil seems hit bottom support at mo. usd/cad should follow soon... bearish

Tom822 · Post by **Tom822** » Mon Dec 07, 2015 4:12 pm

I saw new pinbar on USD/CAD so I opened SHORT of course but it looks like a next false signal...

Tom822 · Post by **Tom822** » Mon Dec 07, 2015 4:39 pm

I leave USD/CAD because I have bad feelings and I have a problem with identification correct cycle on this pair.

Post by **sympathy** » Mon Dec 07, 2015 5:40 pm

Just the way