The Captains Chest - Naked Trading & Other Stuff

[sympathy]

Watching this one

[marcoFF]

the pair just left level one now

Thanks, but i don t understand your count can you share me your count on m 15?

[Zoltr1x]

Thanks, but i don t understand your count can you share me your count on m 15?

Counting on M15 is irrelevant, look at higher TF's and you'll understand D;

Monthly - big pins to the top + lvl 3
Weekly - Lvl 3
Daily - Only one level down from big M
4H - same as D1

In Friday on M15 you could clearly see a big move to the up before weekend, they induce a lot of traders here and punish those traders on Monday, later we could see a nice RRT on the bottom and move up before the new Asian session.

Captain once said, we need to know where we are in the cycle before enter, and not focus only on one tf you need "broad perspective".

[desibaba]

Counting on M15 is irrelevant, look at higher TF's and you'll understand D;

Monthly - big pins to the top + lvl 3
Weekly - Lvl 3
Daily - Only one level down from big M
4H - same as D1

In Friday on M15 you could clearly see a big move to the up before weekend, they induce a lot of traders here and punish those traders on Monday, later we could see a nice RRT on the bottom and move up before the new Asian session.

Captain once said, we need to know where we are in the cycle before enter, and not focus only on one tf you need "broad perspective".

Thanks for reminding us to look at the bigger picture.

If someone just uses m15 to trade then they can still have success scalping.

If someone uses m15 to enter trades based on the direction of all the higher time frames then they can get a ton of pips.

I think both methods work. Just need to identify when the big picture lines up perfectly in order to increase the scalping TP to bigger momentum TP

[marcoFF]

Counting on M15 is irrelevant, look at higher TF's and you'll understand D;

Monthly - big pins to the top + lvl 3
Weekly - Lvl 3
Daily - Only one level down from big M
4H - same as D1

In Friday on M15 you could clearly see a big move to the up before weekend, they induce a lot of traders here and punish those traders on Monday, later we could see a nice RRT on the bottom and move up before the new Asian session.

Captain once said, we need to know where we are in the cycle before enter, and not focus only on one tf you need "broad perspective".

Hi and thanks for your point of view, i'm not completly in agree.
First of all i don't see the lvl 3 on W but maybe it's only my fault.
That's fine to look to at the bigger tf, but i think we must take the choose on the tf we trade.
Or we can't wait all the time to have the confluence of all time frame, it's differnt to trade a W and a push on m15 for 35/50 pips.. or trade a big W on h4 for all the level for 3x adr and ceck the h4 only for entry.
Obv it's safer to have more confluence possible.
Or i wrong all?!
I hope to have a response from xrismak, I'm reading the all 3d from the start (a long long journey..) and o like a lot his trading method, and i think he trade the h4 and pick the entry and the exit on m15.

[jedrula]

Final 3 push on Daily. We are on strong Demmand on Weekly.

Enter at HOD for scalp.

Now at LOD, watch carefully.

[Zoltr1x]

Hi and thanks for your point of view, i'm not completly in agree.
First of all i don't see the lvl 3 on W but maybe it's only my fault.
That's fine to look to at the bigger tf, but i think we must take the choose on the tf we trade.
Or we can't wait all the time to have the confluence of all time frame, it's differnt to trade a W and a push on m15 for 35/50 pips.. or trade a big W on h4 for all the level for 3x adr and ceck the h4 only for entry.
Obv it's safer to have more confluence possible.
Or i wrong all?!
I hope to have a response from xrismak, I'm reading the all 3d from the start (a long long journey..) and o like a lot his trading method, and i think he trade the h4 and pick the entry and the exit on m15.

Marco I trade only on m15 and this is not my point of view it's what Captain taught us, we don't need confluence on all timeframes but we need to know where we are in the bigger cycle, "Sometimes what you don't see on 1 time frame, will show on a different one" and "Do not try to micro focus to close on this stuff, keep a broad view on the charts, across the time frames"

You need to know that you don't trade against a bigger cycle, M&W are meaningless if you don't know where you are, find the fox path on any time frame and follow. :hi:

[marcoFF]

Marco I trade only on m15 and this is not my point of view it's what Captain taught us, we don't need confluence on all timeframes but we need to know where we are in the bigger cycle, "Sometimes what you don't see on 1 time frame, will show on a different one" and "Do not try to micro focus to close on this stuff, keep a broad view on the charts, across the time frames"

You need to know that you don't trade against a bigger cycle, M&W are meaningless if you don't know where you are, find the fox path on any time frame and follow. :hi:

Good to remember that, thanks

[xrismak]

Marco I trade only on m15 and this is not my point of view it's what Captain taught us, we don't need confluence on all timeframes but we need to know where we are in the bigger cycle, "Sometimes what you don't see on 1 time frame, will show on a different one" and "Do not try to micro focus to close on this stuff, keep a broad view on the charts, across the time frames"

You need to know that you don't trade against a bigger cycle, M&W are meaningless if you don't know where you are, find the fox path on any time frame and follow. :hi:

Zoltr1x,

Now you are speaking the True Naked Trader's Language.... that's one of the Keys and also importantly being able to Visually Draw almost Accurate Support and Resistance Lines on Different Timeframes on the Charts , although it can Sometimes be Painfully difficult to see the True Picture because the Fox likes to Distort the Truth from the Naked eye with loads of Variations to Chart Formations, one needs lot's of Chart Time and Experience without the Emotions to Trade Profitably and Wisely....

Happy Trading Folks,
xrismak

[desibaba]

Marco I trade only on m15 and this is not my point of view it's what Captain taught us, we don't need confluence on all timeframes but we need to know where we are in the bigger cycle, "Sometimes what you don't see on 1 time frame, will show on a different one" and "Do not try to micro focus to close on this stuff, keep a broad view on the charts, across the time frames"

You need to know that you don't trade against a bigger cycle, M&W are meaningless if you don't know where you are, find the fox path on any time frame and follow. :hi:

Hey mind if I ask what part of the cycle audusd is on? It appears to be accumulating on the monthly but I'm not sure if that's a level 2 or level 3 accumulation thanks