The Captains Chest - Naked Trading & Other Stuff

Post by **szfxtrader** » Wed Mar 30, 2016 7:52 am

waza » Wed Mar 30, 2016 7:00 am wrote:szfx no he's never done a video, to be honest it's all there, just keep reading it over and over and eventually you will see the fox.

Thank you for your reply! I believe that I can see it, but I really like to watch videos instead of reading. : )

Post by **waza** » Wed Mar 30, 2016 8:37 am

I know what you mean, it's easy when it's completed the levels or when someone points it out,

ok 3 levels completed on the 1hr chart, also 4hr chart is accumalting.

Post by **BobbyT** » Wed Mar 30, 2016 12:46 pm

First trade in over 6 months

Let's see what happens *biting nails*

Post by **eaymon** » Wed Mar 30, 2016 1:28 pm

EURUSD

Screen Shot 2016-03-30 at 9.27.18 AM.png

Post by **eaymon** » Wed Mar 30, 2016 1:31 pm

EURJPY

any one else agree with this assessment?

Screen Shot 2016-03-30 at 9.29.03 AM.png

Post by **Forexfux** » Wed Mar 30, 2016 1:55 pm

xrismak » Tue Mar 29, 2016 7:01 pm wrote:
Forexfux » Thu Mar 24, 2016 1:34 pm wrote:
Hi Xrismak,
have you changed again the way you trade CJ's method?
Forexfux,
Nope,Always have and will Still Trade CJ's Method because it works for me nearly all the time I place a Bunch of Trades.
...

Thx for the answer Xrismark.

Regarding your EA trade can you show your count or have you only traded the HTF RT?

Greetings

Post by **eaymon** » Wed Mar 30, 2016 2:21 pm

wrong on both assessments

Post by **waza** » Wed Mar 30, 2016 3:11 pm

eaymon i took that eur/usd trade but i only let it run 26 pips, as you can see on the 4hr chart it's not even completed it's 1st level.

this is why captain said watch all time frames.

remember to not be greedy as well, i was trying to be greedy on eur/aud today but managed to stack and bag a very good profit trade, but it could have went the other way for me.

so always look at all time frames.

Post by **BobbyT** » Wed Mar 30, 2016 10:00 pm

Deleted

Post by **BobbyT** » Thu Mar 31, 2016 12:31 am

I think I've broken my brain.

Could someone please clarify something for me (that has been said a million times in the thread already). I need to understand it in my own words (which are way more complicated than need be...yes CJ, I'm one of those idiots who likes to complicate things

).

Due to life, I can only trade H4. This means my levels should be in line with D1 right. Similar to M15/H1 and H4 which is what most folks are using here.

So this 3-5 weeks rising/falling price for one LEVEL on D1 (and therefore 9-15 weeks per D1 CYCLE)?
OR
is it 3-5 weeks rising/falling price for one PUSH on D1 (and therefore 9-15 weeks per D1 LEVEL and 18-45 weeks per D1 CYCLE)?

The estimates of time obviously don't account for retraces and pauses. They are just movement in a single direction.

For some reason I'm having trouble translating things to higher timeframes. Maybe its because M15 and H1 occupy the same space on the chart (1-day period separators).

If someone could help me scrape my brain back into my skull that would be greatly appreciated.

I'm not gonna give up yet

Edit: Updated pic to show H4 levels in D1 retraces