The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Tue Jan 12, 2016 7:40 pm

mulkis » Tue Jan 12, 2016 7:08 pm wrote:
sympathy » Tue Jan 12, 2016 12:36 pm wrote: Its a support/resistance line i drew. I use them to know where price will react.
Hi, can you explain how you identify areas where price will react, like now in EU example. It is one thing that I cannot understand. It seems to me you KNOW where level 3 will end up. How do you do it?
Thanks.

If you can identify were the next daily s/r levels are located that is where price will likely react.just locate your support and resistance levels in your daily chart, you will see how it all workout ok.

Post by **Forexfux** » Tue Jan 12, 2016 9:13 pm

sympathy » Tue Jan 12, 2016 4:54 pm wrote: Here you go

Are there 3 levels up before you count the down levels?

adeha · Post by **adeha** » Tue Jan 12, 2016 10:12 pm

Forexfux » Tue Jan 12, 2016 9:13 pm wrote:
Are there 3 levels up before you count the down levels?

Tell me where is my mistake.

I'm quite new in this

fetch · Post by **fetch** » Wed Jan 13, 2016 4:48 am

ikdenk » Tue Jan 12, 2016 7:30 am wrote:Does anyone else use Durante's Net Difference for pair selection? - see subthread.

Yesterday the majors were all in disarray, meaning the fox is manipulating the crosses.

I traded four mutually exclusive crosses yesterday with good results.

The Daily Net Change indi does not compile. I know there have been many changes to Empty4 which buggers up indis since 2013, but it's hard to see how it did compile with an undeclared identifier. The net big 6 looks interest, will give it a run.

fetch · Post by **fetch** » Wed Jan 13, 2016 4:52 am

I wonder? The "net big 6" indi suggests the crosses are being moved. ie the A/U, G/U, U/C, U/J are all up.

AUDJPYH1.png

ikdenk · Post by **ikdenk** » Wed Jan 13, 2016 6:56 am

fetch » Wed Jan 13, 2016 4:48 pm wrote:
ikdenk » Tue Jan 12, 2016 7:30 am wrote:Does anyone else use Durante's Net Difference for pair selection? - see subthread.

Yesterday the majors were all in disarray, meaning the fox is manipulating the crosses.

I traded four mutually exclusive crosses yesterday with good results.

The Daily Net Change indi does not compile. I know there have been many changes to Empty4 which buggers up indis since 2013, but it's hard to see how it did compile with an undeclared identifier. The net big 6 looks interest, will give it a run.

I noticed that too, but I only use the Big Six (well also NZDUSD since I trade from NZ).

The majors have been all over the place this week, so the fox is concentrating on the crosses, mainly GBP crosses yesterday.

Post by **sympathy** » Wed Jan 13, 2016 7:19 am

Seems like fox is confused this days

ikdenk · Post by **ikdenk** » Wed Jan 13, 2016 7:27 am

sympathy » Wed Jan 13, 2016 7:19 pm wrote:Seems like fox is confused this days

All chf pairs have been ranging the last two days, maybe it's their turn today or later this week.

Post by **Forexfux** » Wed Jan 13, 2016 9:31 am

hmmm, EJ 4 hr trapping volume?

Post by **Forexfux** » Wed Jan 13, 2016 9:54 am

adeha » Tue Jan 12, 2016 11:12 pm wrote:
Forexfux » Tue Jan 12, 2016 9:13 pm wrote:
Are there 3 levels up before you count the down levels?
Tell me where is my mistake.

I'm quite new in this

From my point of view it looks good but it would be better if Sympathy would comment your ss.