The Captains Chest - Naked Trading & Other Stuff

[AtTheMeadowsEdge]

What do you think? UJ 3L peak low?

[rambo06]

What do you think? UJ 3L peak low?

I am keeping my eye on this one as well

Edit: Flipped over to short position when they produced the "M" with trapping volume, hope you did as well

[waza]

Would just like to say thanks Captain Jack for opening my eyes, I was reading your thread on BARF and was wondering what the hell you were talking about i couldn't see price action, then it happened last night I was looking at the EUR/USD on the 1hr chart and i saw the start of possible BARF system, so i went down the timeframes and bang i could see what the PA was doing and even down to the 1minute chart, i started to laugh as it's scary that i can actually see what will happen next.

So thanks again for your wisdom.

now i'm eager to learn more.

thanks


warren

[Tom822]

Welcome in the New Year

On the start I would like to send my personal thanks for CJ, for me you are an angel for retail traders and devil for the foxes I worked hard a couple last weeks and the results are amazing. First I reached $6500 in 1,5 week. For me that was a truly "wow time". Next, in only one day I reached $5800...I traded smooth and that was a really pleasure for me because I just saw every move of these foxy bastards. I would like to say even more, that was a game for me, no stress just fun. And then at the end of the day I counted all profits But today my account reached the sky.

Generally, my biggest mistake was to treat CJ method as "there must be 3 days of 3 cycles level" method. Yes, in many cases it exist for real but in many cases we will face against a 5 or even 6 levels move. The key to success of this method is a clear and open mind. Anyway, this method works and is really powerful.

Oh, and I would add something from me. CJ you should change the title of this thread on something like this "The Captains Chest - change your computer in ATM machine"
I think that we also should change the call "foxes" on "Madoff's" he also was a deceive and rude person, meanwhile foxes are lovable animals

Anyway, once more I would like to thank you, as well as all community, for this great thread

[sukui]

Hi Tom!!

It's nice to see you being succesfull!! I think the most important part of this game is the big AHA moment. I don't think I achieved it... So could you help us to reach it as well, eg. by posting charts with your thoughts.

Thanks

Peter

Welcome in the New Year

On the start I would like to send my personal thanks for CJ, for me you are an angel for retail traders and devil for the foxes I worked hard a couple last weeks and the results are amazing. First I reached $6500 in 1,5 week. For me that was a truly "wow time". Next, in only one day I reached $5800...I traded smooth and that was a really pleasure for me because I just saw every move of these foxy bastards. I would like to say even more, that was a game for me, no stress just fun. And then at the end of the day I counted all profits But today my account reached the sky.

Generally, my biggest mistake was to treat CJ method as "there must be 3 days of 3 cycles level" method. Yes, in many cases it exist for real but in many cases we will face against a 5 or even 6 levels move. The key to success of this method is a clear and open mind. Anyway, this method works and is really powerful.

Oh, and I would add something from me. CJ you should change the title of this thread on something like this "The Captains Chest - change your computer in ATM machine"
I think that we also should change the call "foxes" on "Madoff's" he also was a deceive and rude person, meanwhile foxes are lovable animals

Anyway, once more I would like to thank you, as well as all community, for this great thread

[ncoyte]

How about this?

[ncoyte]

And this

[Forexfux]

@Sympathy: May I ask you how you managed your EJ trade from yesterday?

[Tom822]

Hi Tom!!

It's nice to see you being succesfull!! I think the most important part of this game is the big AHA moment. I don't think I achieved it... So could you help us to reach it as well, eg. by posting charts with your thoughts.

Thanks

Peter

Sure, but please keep in mind that I am not so good as, for example, Sympathy or Xrismak. I do not try to catch perfect cycle on start of this cycle, moreover after my last experiences with USD/JPY I don't even try anymore to do that. Moreover, I also mix CJ method with Elliot wave's strategy. Oh, and I don't want to stay on market longer than 2 days because this is my comfort limit I know that may be stupid but personally I prefer lost even bigger part of move but I would like to get out of my position even at the same day when I entered.

For example check my chart of GBP/CAD from today. I recognized market direction (down in short term) and I entered on the first long candle. Why I did not enter on the edge ? Because I saw beautiful long pin on short candle, so for me its a confirmation for direction. Of course "market" went up but it was not a big deal for me but only opportunity to add some more shorts, I realized some of them on this second short candle with pinbar so you will not see all my positions on this chart.

Anyway, I closed all my positions on this ADR level which you can find on my chart. Of course, I lost a nice part of move but I do not care I am profitable and I made nice amount on my part of move. Moreover, market come back now so if I will be interested then I can go short once again on better (highest) level and earn more than holding this position by all day. And now I see on GBP/USD the possibility of 3rd down level but for sure I will not go short, why ? Because I do not like this pin which created on H4 and D1, this is the main reason of my decission why I will not go to short on GBP/CAD at this moment.

ncoyte - you asked about USD/JPY. I have no idea what this pair will do next, I went short yesterday beacause I believed that their created L-LL-LH formation moreover I was sure that they want to do nice pin to down on D1 and unload their positions after several days of down move but after that I went long they made spike down and I lost some pips on this one. From yesterday I only observe what they want to do next on this USD/JPY pair.

[ncoyte]

Hi Tom!!

It's nice to see you being succesfull!! I think the most important part of this game is the big AHA moment. I don't think I achieved it... So could you help us to reach it as well, eg. by posting charts with your thoughts.

Thanks

Peter

Sure, but please keep in mind that I am not so good as, for example, Sympathy or Xrismak. I do not try to catch perfect cycle on start of this cycle, moreover after my last experiences with USD/JPY I don't even try anymore to do that. Moreover, I also mix CJ method with Elliot wave's strategy. Oh, and I don't want to stay on market longer than 2 days because this is my comfort limit I know that may be stupid but personally I prefer lost even bigger part of move but I would like to get out of my position even at the same day when I entered.

For example check my chart of GBP/CAD from today. I recognized market direction (down in short term) and I entered on the first long candle. Why I did not enter on the edge ? Because I saw beautiful long pin on short candle, so for me its a confirmation for direction. Of course "market" went up but it was not a big deal for me but only opportunity to add some more shorts, I realized some of them on this second short candle with pinbar so you will not see all my positions on this chart.

Anyway, I closed all my positions on this ADR level which you can find on my chart. Of course, I lost a nice part of move but I do not care I am profitable and I made nice amount on my part of move. Moreover, market come back now so if I will be interested then I can go short once again on better (highest) level and earn more than holding this position by all day. And now I see on GBP/USD the possibility of 3rd down level but for sure I will not go short, why ? Because I do not like this pin which created on H4 and D1, this is the main reason of my decission why I will not go to short on GBP/CAD at this moment.

ncoyte - you asked about USD/JPY. I have no idea what this pair will do next, I went short yesterday beacause I believed that their created L-LL-LH formation moreover I was sure that they want to do nice pin to down on D1 and unload their positions after several days of down move but after that I went long they made spike down and I lost some pips on this one. From yesterday I only observe what they want to do next on this USD/JPY pair.

Hi Tom,

I am holding the USDJPY and CADJPY until tomorrow when the final move will happen during London session. The three days circle/push has already been completed on both pairs, so what we are seeing right now is foxe's manipulation to shake off heartless traders that cant hold their mind tight enough on the position.

Let's keep an eye on it on the H1 as we await the completion of the W second long of both pairs.

Cheers,

Nick