The Captains Chest - Naked Trading & Other Stuff

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sukui
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The Captains Chest - Naked Trading & Other Stuff

Post by sukui »

Captain Jack » Wed May 25, 2016 8:17 pm wrote:Got a few minutes for another post....

How about these 2 charts? Look familiar?? Same pair or correlated highly if different? What say you?

-CJ-


HI Captain!!

Nice to see you back!!! And thanks for your remarkable thoughts!!

The first chart is the EU monthly, the second one could be the same pair but a lower timeframe, but it's only a guess. Than it means in the short run EU should go up.

Peter
sahtjor
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The Captains Chest - Naked Trading & Other Stuff

Post by sahtjor »

sukui » Wed May 25, 2016 9:35 pm wrote:
Captain Jack » Wed May 25, 2016 8:17 pm wrote:Got a few minutes for another post....

How about these 2 charts? Look familiar?? Same pair or correlated highly if different? What say you?

-CJ-


HI Captain!!

Nice to see you back!!! And thanks for your remarkable thoughts!!

The first chart is the EU monthly, the second one could be the same pair but a lower timeframe, but it's only a guess. Than it means in the short run EU should go up.

Peter
Second one is CADJPY 1H TF!
blazej
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The Captains Chest - Naked Trading & Other Stuff

Post by blazej »

Hi CJ,

I mean this one:
EurUsd daily road map to profit.png
.

Presented by You as a road map to profit earlier in this thread. I remember it really good. But like I said maybe the pattern has changed. Only You know this. I do not have such knowledge and wisdom.

After a deeper thought... Maybe all of them show the same pattern. :)
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Yigrashill
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The Captains Chest - Naked Trading & Other Stuff

Post by Yigrashill »

Dear CJ, I would like thank you very much. :hi:

Although I not all understood, but I was able yesterday to jump on the back of a whale and make up my losses from the previous week.
I know why I lost that money.
The tunnel vision of my transactions, I was hoping that the price will come back.
Hope is a bad thing for Forex
I've never been so close to success :)
GBPJPYmicroM15.png
Now I look at the USD / CAD, I am looking for the whale on the back I could jump :D
USDCADmicroH4.png
EUR/USD in process :party:
EURUSDmicroH4.png
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OMEJEVN
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The Captains Chest - Naked Trading & Other Stuff

Post by OMEJEVN »

well done thread pls after level 3 .how do we know that price will reverse or continue any pattern to explain that where i am stuck now.i can count the level but after level 3 dont know if price will countinue or revesr thanks
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waza
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Post by waza »

That's when you have to look at all time frames. To see where you are.
" Out of complexity, find simplicity "
monty
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Post by monty »

OMEJEVN » Wed May 25, 2016 10:33 pm wrote:well done thread pls after level 3 .how do we know that price will reverse or continue any pattern to explain that where i am stuck now.i can count the level but after level 3 dont know if price will countinue or revesr thanks
You should look for either a long pin or a railway track or W & M for a reversal.
OMEJEVN
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Post by OMEJEVN »

monty » Wed May 25, 2016 10:39 pm wrote:
OMEJEVN » Wed May 25, 2016 10:33 pm wrote:well done thread pls after level 3 .how do we know that price will reverse or continue any pattern to explain that where i am stuck now.i can count the level but after level 3 dont know if price will countinue or revesr thanks
You should look for either a long pin or a railway track or W & M for a reversal.
ok thanks will look into it
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Captain Jack
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Post by Captain Jack »

Yigrashill » Wed May 25, 2016 5:08 pm wrote:Dear CJ, I would like thank you very much. :hi:

Although I not all understood, but I was able yesterday to jump on the back of a whale and make up my losses from the previous week.
I know why I lost that money.
The tunnel vision of my transactions, I was hoping that the price will come back.
Hope is a bad thing for Forex
I've never been so close to success :)


Now I look at the USD / CAD, I am looking for the whale on the back I could jump :D



EUR/USD in process :party:
Reconsider EURUSD....

-CJ-
2016-05-25_18-25-51.jpg
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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Captain Jack
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Post by Captain Jack »

Posted EURUSD and USDJPY charts the other day...EURUSD dropped lower.... forming bottom now....

USDJPY.... anybody take that? Topped or one more level up yet??

Shame on you if you didn't!

-CJ-
2016-05-25_18-21-32.jpg
A man is not defeated when he is beaten, he is defeated when he quits.

The goal is not a "perfect trade" - the goal is a "profitable trade"!
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