The Captains Chest - Naked Trading & Other Stuff

rambo06 · Post by **rambo06** » Thu Dec 10, 2015 7:59 pm

Silweri » Thu Dec 10, 2015 7:51 pm wrote:I have one question for you Sympathy, if you may...

You said earlier that you have good knowledge about where to expect levels to form. How do you determine these levels? Are you using adr times three as Jack has told from peak high/low to estimate next level to form?

Thanks

Hey Silweri,

It seems to me that he waits at previous levels. Most of the time price will return here. I am just giving you an idea of something to check out as sympathy has said this in the past but of course I will defer to him and hopefully he will give you a better answer

Hope it helps,
Rambo

PipTrawler · Post by **PipTrawler** » Thu Dec 10, 2015 8:14 pm

sympathy » Thu Dec 10, 2015 7:12 pm wrote:This is how level3 fails.

Hi Sympathy, could there be larger forces at work ? U/C weekly chart.

UCAD BARF.png

InfiniteLoop · Post by **InfiniteLoop** » Thu Dec 10, 2015 8:25 pm

let just say that USDCAD is being a ...., but I'll forgive it, when it drops and make me rich

Patience

PipTrawler · Post by **PipTrawler** » Thu Dec 10, 2015 8:30 pm

InfiniteLoop » Thu Dec 10, 2015 8:25 pm wrote:let just say that USDCAD is being a ...., but I'll forgive it, when it drops and make me rich

Patience

U/C never gives a top in a hurry.

InfiniteLoop · Post by **InfiniteLoop** » Thu Dec 10, 2015 8:56 pm

PipTrawler » Thu Dec 10, 2015 8:30 pm wrote:
InfiniteLoop » Thu Dec 10, 2015 8:25 pm wrote:let just say that USDCAD is being a ...., but I'll forgive it, when it drops and make me rich

Patience
U/C never gives a top in a hurry.

USDCAD is making a top right now, we all bought at a SH

How the hell was I so blind and missed that obvious SH, I really need to stop doing 10 things at the same time, it affects my judgement.

sponn · Post by **sponn** » Thu Dec 10, 2015 9:06 pm

InfiniteLoop » Thu Dec 10, 2015 10:56 pm wrote:
USDCAD is making a top right now, we all bought at a SH

How the hell was I so blind and missed that obvious SH, I really need to stop doing 10 things at the same time, it affects my judgement.

Bad news...

but the good one is that we are near the level 3

Maybe tommorow or monday

InfiniteLoop · Post by **InfiniteLoop** » Thu Dec 10, 2015 9:15 pm

sponn » Thu Dec 10, 2015 9:06 pm wrote:
Bad news...

but the good one is that we are near the level 3 Maybe tommorow or monday

it's not really bad news, I bought almost at the top, and we are at level 3 or 3+1 however that's marked by CJ method

yesterday was a SH, today is the top, they are very close so it's hard to see on larger TF
I wondered why there was short build up of Long positions, in the afternoon, well now I have the answer,
good one Big Money, but I won't fall for that trick again

Post by **sympathy** » Thu Dec 10, 2015 10:34 pm

Silweri » Thu Dec 10, 2015 8:51 pm wrote:I have one question for you Sympathy, if you may...

You said earlier that you have good knowledge about where to expect levels to form. How do you determine these levels? Are you using adr times three as Jack has told from peak high/low to estimate next level to form?

Thanks

its very easy to see, all turning points are previous levels ok. levels from higher time frames especially daily/weekly levels.

Mustafa · Post by **Mustafa** » Thu Dec 10, 2015 10:52 pm

gn, ga

sponn · Post by **sponn** » Thu Dec 10, 2015 10:54 pm

Possible turnaround zone