The Captains Chest - Naked Trading & Other Stuff

Captain Jack · Post by **Captain Jack** » Wed Jun 29, 2016 5:20 pm

leidson » Wed Jun 29, 2016 11:08 am wrote:#UJ

Captain Jack, this is a correct M?

thank you

There are 2 places you are supposed to look for "M" and "W"...so you tell me...is this where they are supposed to be?

-CJ-

leidson · Post by **leidson** » Wed Jun 29, 2016 5:35 pm

Captain Jack » Wed Jun 29, 2016 3:20 pm wrote:
There are 2 places you are supposed to look for "M" and "W"...so you tell me...is this where they are supposed to be?

-CJ-

I imagine it is, however I would like to know your opinion because I am still studying. When in doubt I will protect the BE.

thanks for your attention

Captain Jack · Post by **Captain Jack** » Wed Jun 29, 2016 6:03 pm

leidson » Wed Jun 29, 2016 1:35 pm wrote:
I imagine it is, however I would like to know your opinion because I am still studying. When in doubt I will protect the BE.

thanks for your attention

While you "imagine" this to be the correct location for "M" and "W", "imagine" making a profit on this trade because both are just pure fantasy....

-CJ-

leidson · Post by **leidson** » Wed Jun 29, 2016 6:11 pm

Captain Jack » Wed Jun 29, 2016 4:03 pm wrote:
While you "imagine" this to be the correct location for "M" and "W", "imagine" making a profit on this trade because both are just pure fantasy....

-CJ-

ok, I put the money in the box, thank you Captain Jack

Post by **michosz** » Thu Jun 30, 2016 12:11 pm

paniczklos · Post by **paniczklos** » Thu Jun 30, 2016 6:52 pm

Maybe this time I got something right

Or there's a great W at the bottom, that could become RRT on H4

EURUSD_M15.png

Switched to D1 and it looks more like trapping shorts

EURUSD_d.png

Post by **fahedksa** » Thu Jun 30, 2016 7:23 pm

Hi friends,
Regarding UsdCad we have yesterday 2level down and today price break asia range down and up and then price pull back to Asia range.do we consider today move as SH or we consider it as level 3 down?

Post by **michosz** » Thu Jun 30, 2016 8:47 pm

paniczklos » Thu Jun 30, 2016 6:52 pm wrote:Maybe this time I got something right

Or there's a great W at the bottom, that could become RRT on H4

Switched to D1 and it looks more like trapping shorts

You can't have two levels in ONE day

paniczklos · Post by **paniczklos** » Thu Jun 30, 2016 9:04 pm

michosz » Thu Jun 30, 2016 8:47 pm wrote:
paniczklos » Thu Jun 30, 2016 6:52 pm wrote:Maybe this time I got something right

Or there's a great W at the bottom, that could become RRT on H4

Switched to D1 and it looks more like trapping shorts
You can't have two levels in ONE day

Ok , dzięki!

I thought that the 3 day cycle was not connected to 3 levels drop in 1:1 ratio and it could happen faster. Sometimes you just want to see something on the chart and tkae the trade - I need to stop pushing .. there are so many pairs to choose

Maybe I haven't got so far in the thread, still so much to read and practice

Post by **waza** » Thu Jun 30, 2016 9:52 pm

Read the pdf on the first page. Just pick 1 or 2 pairs until you get used to seeing the fox. Also once you see it then you've still to master how to enter etc. It takes time