The Captains Chest - Naked Trading & Other Stuff

Post by **dydynamic** » Thu Jan 28, 2016 5:13 am

eresz » Wed Jan 27, 2016 11:56 pm wrote:hi there,
its my 1st post, but have been following the thread for some time,

dydynamic, i find your charts really useful, however cant understand this skipping day. any help, chart or explanation to clear the thing out? would be nice

really appreciate the things youre sharing guys!

skipping that day means that i did not see it as a level because price dropped back to level three from the next day so that day becomes my new level one.
Hope that helps, I am still learning how to count the levels like you, only that it is getting easier every day that passes, just keep looking at the charts and form the habit of seeing the levels, it will get clearer sooner than you can imagine, work at it and you will get it eventually.

Silweri · Post by **Silweri** » Thu Jan 28, 2016 6:36 am

Zoltr1x » Thu Jan 28, 2016 2:12 am wrote:
sympathy » Tue Jan 26, 2016 6:02 pm wrote:You missed level one down
I'm really confused now.
Captain said once that 3rd level becomes later 1 level but I always thought that it's mean that 3 pushes on lower tf creates 1 bigger push/level on higher tf, but here I see that Sympathy mark peak formation low or 3rd level low as level 1 for move up, and now I'm just really lost all my knowledge from this thread just fly away and I don't know anymore now how to count levels .

I see three levels up

kakashi · Post by **kakashi** » Thu Jan 28, 2016 7:44 am

Zoltr1x » Thu Jan 28, 2016 8:12 am wrote:
I'm really confused now.
Captain said once that 3rd level becomes later 1 level but I always thought that it's mean that 3 pushes on lower tf creates 1 bigger push/level on higher tf, but here I see that Sympathy mark peak formation low or 3rd level low as level 1 for move up, and now I'm just really lost all my knowledge from this thread just fly away and I don't know anymore now how to count levels .

The thing is that you won't always get a nice clean easily counted 3 level/pushes,and you won't always get 3.It can be 4,5 or even 6 (if there's a stop hunt).

The basic structure is 3 push up then 3 push down,3 level up then 3 level down.Beautiful.
But then the fox made it ugly..

So,how to count properly?That is what I'm trying to figure out too..

Practice.

Post by **xrismak** » Thu Jan 28, 2016 9:43 am

Good Morning Folks,

Trading Results So far.... on the EU & GB Sell/Shorts for to day.

Oh by the way I also Traded the London Open Stop hunt Reversal side of things,

EUR-AUD BUY 28-01-16 (A).jpg

EUR-AUD BUY 28-01-16 (B).jpg

I do these kind of trades when I have the time to stare at my Monitors for a good Hour or Two sometimes.
I am Off to do my before the Holiday shopping....

Happy Trading folks,

xrismak

Silweri · Post by **Silweri** » Thu Jan 28, 2016 9:46 am

EU level 3

Zoltr1x · Post by **Zoltr1x** » Thu Jan 28, 2016 10:18 am

Silweri » Thu Jan 28, 2016 6:36 am wrote: I see three levels up

First I also saw those levels like you, but look at second level it's a stophunt not a proper level, where you have level 1 sympathy have level 2. I missing something and need to find out what.

Post by **Forexfux** » Thu Jan 28, 2016 10:35 am

xrismak » Wed Jan 27, 2016 10:51 pm wrote:Hey Peeps,

Had a Bit of a Good Day today on a Micro Level, maybe Next month after my Lil Holiday to Soulful Sympathy's Neck of the Woods in Africa, I will come and Do a Proper Job of Showing the Fox who the Real Hunter is..
Soulful Sympathy, I dey Come unah Lagos real soon....

Happy Trading Folks,

xrismak

Hi Xrismark,
do you really travel to Nigeria? I guess it will be a complete different expirience.

ncoyte · Post by **ncoyte** » Thu Jan 28, 2016 10:42 am

Forexfux » Thu Jan 28, 2016 10:35 am wrote:
xrismak » Wed Jan 27, 2016 10:51 pm wrote:Hey Peeps,

Had a Bit of a Good Day today on a Micro Level, maybe Next month after my Lil Holiday to Soulful Sympathy's Neck of the Woods in Africa, I will come and Do a Proper Job of Showing the Fox who the Real Hunter is..
Soulful Sympathy, I dey Come unah Lagos real soon....

Happy Trading Folks,

xrismak
Hi Xrismark,
do you really travel to Nigeria? I guess it will be a complete different expirience.

When is this happening?

eresz · Post by **eresz** » Thu Jan 28, 2016 11:28 am

dydynamic » Thu Jan 28, 2016 5:13 am wrote:
skipping that day means that i did not see it as a level because price dropped back to level three from the next day so that day becomes my new level one.
Hope that helps, I am still learning how to count the levels like you, only that it is getting easier every day that passes, just keep looking at the charts and form the habit of seeing the levels, it will get clearer sooner than you can imagine, work at it and you will get it eventually.

am i at least partly right about it?

Pip_Predator · Post by **Pip_Predator** » Thu Jan 28, 2016 2:58 pm

Zoltr1x » Thu Jan 28, 2016 5:18 am wrote:
Silweri » Thu Jan 28, 2016 6:36 am wrote: I see three levels up
First I also saw those levels like you, but look at second level it's a stophunt not a proper level, where you have level 1 sympathy have level 2. I missing something and need to find out what.

Where I see lots of inconsistency is how we seem to interpret the reversal level. Maybe we could ask CJ (if he is monitoring) or Sympathy and get it straight for all to be on the same page.

When PA reaches Level 3 and reverses, some charts mark L3 as Level 1 in the other direction. Others mark it as PH or PL for the new count. I guess this is where we get confused.

What works for me is the following:

L3 triggers the reversal and becomes PH or PL. The reverse push moves away by one level and that level only then becomes L1 in the other direction. What I mean by the level is the consolidation AFTER the push, whether there is retrace or it stays around the same level but PA must rest for a while.

And of course get your direction from H1. If you trade a mini reversal against the tide, be careful.

CJ or Sympathy - please correct if I am wrong, I am sure many eyes are watching this...

Good trading.