The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Tue Jan 26, 2016 10:00 am

First trade of the day ...GJ..

Post by **sympathy** » Tue Jan 26, 2016 10:07 am

Same levels, same pattern etc....

ChristianK · Post by **ChristianK** » Tue Jan 26, 2016 10:54 am

Hi Sympathy,

Could you please help to advice me on below GU 15M charts ? Before the current downtrend, it seemed it only had 2 levels up. It went down trend without completing 3rd level up.
Is there anything wrong with my level count on the previous uptrend?

As usual, thank you very much for your help and anyone else here.

Chris

Post by **sympathy** » Tue Jan 26, 2016 12:18 pm

Post by **sympathy** » Tue Jan 26, 2016 12:30 pm

ChristianK » Tue Jan 26, 2016 11:54 am wrote:Hi Sympathy,

Could you please help to advice me on below GU 15M charts ? Before the current downtrend, it seemed it only had 2 levels up. It went down trend without completing 3rd level up.
Is there anything wrong with my level count on the previous uptrend?

As usual, thank you very much for your help and anyone else here.

Chris

ok bro

drammen · Post by **drammen** » Tue Jan 26, 2016 12:37 pm

Riding the waves. disregard the forks.

DAX

Post by **Forexfux** » Tue Jan 26, 2016 12:44 pm

Hi all,
at the moment I'm counting levels like everybody else and I'm happy with it because it works.

But what rankles me is that I have no clue how to trade this faking and shaking maneuvers perfromed by the fox which is sucking people into bad positions. I have attached 2 ss by CJ where he shows how to do that. I would love to find out the way how he's trading this set ups.

ChristianK · Post by **ChristianK** » Tue Jan 26, 2016 1:29 pm

I agree with your leveling on downtrend. But my question was on the uptrend, i thought there will be third level up again, hence my trade failed. So i tried to learn what is my mistake for the uptrend part.

sympathy » Tue Jan 26, 2016 12:30 pm wrote:
ChristianK » Tue Jan 26, 2016 11:54 am wrote:Hi Sympathy,

Could you please help to advice me on below GU 15M charts ? Before the current downtrend, it seemed it only had 2 levels up. It went down trend without completing 3rd level up.
Is there anything wrong with my level count on the previous uptrend?

As usual, thank you very much for your help and anyone else here.

Chris
ok bro

Post by **fahedksa** » Tue Jan 26, 2016 2:21 pm

Hi Sympathy,
Hope proftable week for you and everyone .
Question about levels : if we in uptrend should i count a valid level when it makes a Higher High than previous level ? What can help me decide if its a valid level or not?
Thank you

Tom822 · Post by **Tom822** » Tue Jan 26, 2016 2:43 pm

Anybody knows what these banks fu*** are doing with USD/CHF ?
In my opinion all these banks bit*** for this type of manipulation should be penalty double life annuity.