The Captains Chest - Naked Trading & Other Stuff

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kingbee
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Post by kingbee »

Is this what we are looking for in regards for pattern recognition, a sequence of price action patterns slightly distorted but in the same sequence.
I have the EURUSD 4HR chart here with possibly the GBPUSD Daily catching up!
I'm I on the right lines?
EURUSD.jpg
GBPUSD.jpg
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Reaper
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The Captains Chest - Naked Trading & Other Stuff

Post by Reaper »

kingbee wrote:Is this what we are looking for in regards for pattern recognition, a sequence of price action patterns slightly distorted but in the same sequence.
I have the EURUSD 4HR chart here with possibly the GBPUSD Daily catching up!
I'm I on the right lines?


Patterns repeat on the same currency on different timeframes.
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Reaper
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Post by Reaper »

As for EU. I'm back to being undecided. in fact I'm more leaning to Long now. :roll:

This trading week has been awful, I really want to test some theories out on EU but its been continuously ranging! :arrrg:
Last edited by Reaper on Fri Apr 08, 2016 3:45 pm, edited 3 times in total.
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Jurij
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Post by Jurij »

Angat » Fri Apr 08, 2016 3:53 pm wrote:Patterns repeat on the same currency on different timeframes.
Generally yes but there are patterns that propagate also between different currencies. I'm sure CJ posted 2 price maps here somewhere involving daily EURUSD and EURAUD, one was leading the other...
“And those who were seen dancing were thought to be insane by those who could not hear the music.” ― Friedrich Nietzsche
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Reaper
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Post by Reaper »

Moved idea to my thread, not to confused anyone. :hi:
Last edited by Reaper on Fri Apr 08, 2016 3:48 pm, edited 3 times in total.
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kingbee
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Post by kingbee »

Jurij » Fri Apr 08, 2016 2:57 pm wrote:
Generally yes but there are patterns that propagate also between different currencies. I'm sure CJ posted 2 price maps here somewhere involving daily EURUSD and EURAUD, one was leading the other...

I remember captain also saying about maps on different currencies, there could be a nice long ride up on GU if that map is right!
helase
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Post by helase »

Hello guys,
thank you so much for your threat :hi:

How can i get the PDF , thanks :good:
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Reaper
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Post by Reaper »

Check the first post. :hi:
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helase
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Post by helase »

Angat » Sun Apr 10, 2016 7:39 pm wrote:Check the first post. :hi:
Thank you Angat :good:
szfxtrader
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Post by szfxtrader »

sympathy » Fri Apr 08, 2016 8:07 am wrote: I wanted it to moveup a bit before dropping. Am not taking again bcos of the present pattern, I needed a fast drop.
Today I am selling it again, but it is not dropping fast.
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