The Captains Chest - Naked Trading & Other Stuff

desibaba · Post by **desibaba** » Wed Feb 10, 2016 10:06 pm

Thanks Sympathy for showing us your method of analysis

Looking at CADJPY on the daily chart I noticed that it has completed level 3. It may be forming a W on the daily chart.

Anyone have any opinions?

forex23 · Post by **forex23** » Wed Feb 10, 2016 11:03 pm

Thank You Sympathy

Post by **eaymon** » Wed Feb 10, 2016 11:14 pm

looks like an M might form on GBPUSD below previous level 3...

Screen Shot 2016-02-10 at 6.10.33 PM.jpg

Post by **eaymon** » Wed Feb 10, 2016 11:23 pm

sympathy » Wed Feb 10, 2016 2:37 pm wrote:Am gona do something for you guys now so do not post anything for now
STEP ONE is gona be the weekly circle. Go to your chart and locate the strongest levels closer to price

ty for spending the time educate us

desibaba · Post by **desibaba** » Wed Feb 10, 2016 11:26 pm

ncoyte » Wed Feb 10, 2016 9:33 pm wrote:Like CJ always say, it can not be unseen when it is seen. Isn't this Magic CJ? God bless you Sir!

I am with you on this one. I like the size of the pins that formed.

Post by **eaymon** » Wed Feb 10, 2016 11:52 pm

desibaba » Wed Feb 10, 2016 6:26 pm wrote:
ncoyte » Wed Feb 10, 2016 9:33 pm wrote:Like CJ always say, it can not be unseen when it is seen. Isn't this Magic CJ? God bless you Sir!

I am with you on this one. I like the size of the pins that formed.

I am watching it as well... im trying to see if it drops to hit the weekly ranges and for a strong reversal candle pattern

desibaba · Post by **desibaba** » Wed Feb 10, 2016 11:59 pm

eaymon » Wed Feb 10, 2016 11:52 pm wrote:
desibaba » Wed Feb 10, 2016 6:26 pm wrote:
ncoyte » Wed Feb 10, 2016 9:33 pm wrote:Like CJ always say, it can not be unseen when it is seen. Isn't this Magic CJ? God bless you Sir!

I am with you on this one. I like the size of the pins that formed.

I am watching it as well... im trying to see if it drops to hit the weekly ranges and for a strong reversal candle pattern

Ya the weekly line I have drawn is still below where I entered. If it does drop and reverse from there than thats fine as I do not have a stop loss in at this point.

desibaba · Post by **desibaba** » Thu Feb 11, 2016 2:42 am

EJ is around the weekly support line now

Hopefully it starts doing what we want it too
I plan to add another position

ncoyte · Post by **ncoyte** » Thu Feb 11, 2016 6:33 am

desibaba » Thu Feb 11, 2016 2:42 am wrote:EJ is around the weekly support line now

Hopefully it starts doing what we want it too
I plan to add another position

They are doing the normal manipulation by extending the push a bit further on the EJ. This is the time they start taking out traders SL and shaking em off until they are ready to drive down to their final destination while stacking profit for themselves. This is broad day light robbery by the Fox, Lol. Aren't Fox smart?

desibaba · Post by **desibaba** » Thu Feb 11, 2016 6:45 am

ncoyte » Thu Feb 11, 2016 6:33 am wrote:
desibaba » Thu Feb 11, 2016 2:42 am wrote:EJ is around the weekly support line now

Hopefully it starts doing what we want it too
I plan to add another position
They are doing the normal manipulation by extending the push a bit further on the EJ. This is the time they start taking out traders SL and shaking em off until they are ready to drive down to their final destination while stacking profit for themselves. This is broad day light robbery by the Fox, Lol. Aren't Fox smart?

Well I am not panicking. I know price will reverse after an extended down move. I will add another position once the pair gives me a reason too.

EURUSD looks interesting on H1. You seeing a potential M on that level 3 too? I will take it if it starts going down.