The Captains Chest - Naked Trading & Other Stuff

rambo06 · Post by **rambo06** » Fri Aug 26, 2016 6:53 pm

Xrismak,

I'm with you on that one boss. Lead the way!

jksynergyworks · Post by **jksynergyworks** » Sat Aug 27, 2016 1:51 am

rambo06 wrote:Xrismak,

I'm with you on that one boss. Lead the way!

I think it will go down too. Target is 0.715.

160829 NZDUSD H4 ICM.png

ikdenk · Post by **ikdenk** » Sat Aug 27, 2016 5:07 am

Great anticipation/prediction, Dudest!

When you count the levels as Elliott waves, do you adhere to any of their rules? e.g. the big surge to point 5?

ikdenk · Post by **ikdenk** » Sat Aug 27, 2016 7:58 am

Again, great foresight Dudest!

Posted one week ago today.

Will it go as far as your 61.8 and/or 73.6 or will it bounce off the Demand Zone = red box ?

BTW what do your ** on your chart mean, please?

dudest · Post by **dudest** » Sat Aug 27, 2016 2:48 pm

Mathewslade » Fri Aug 26, 2016 1:43 pm wrote:Hello,

Could someone let me know what takes precedent, a solid candle close PH/PL or a wick?

I repeatedly see what I take to be a peak high/low, until a wick pokes above said peak high/low later on in the session which can skew my three day count/level count.

Much appreciated.

Hi Matt

None really; maybe you're overthinking it ?

PH/PL will form around an area ( S/R, Fibonacci, Round Numbers, etc )

Best to just let it 'form itself', then enter when it forms a topping pattern appears ( A-B-C, M/W, pinbars, engulfing bars, etc )

Please post a screenshot incase I have misunderstood

dudest · Post by **dudest** » Sat Aug 27, 2016 2:48 pm

eresz » Fri Aug 26, 2016 12:39 am wrote:dudest, just a quick note to thank you for your charts and excellent annotations, they really open eyes, keep posting

:hi:

Post by **matt_32** » Sat Aug 27, 2016 3:09 pm

dudest » 27 Aug 2016 16:48 wrote:
eresz » Fri Aug 26, 2016 12:39 am wrote:dudest, just a quick note to thank you for your charts and excellent annotations, they really open eyes, keep posting
:hi:

@dudest

I hope that you will find the time to keep posting your trading ideas since they have always been very informative, clear and precise.
I think I speak for most of people here when I say that we really appreciate your input and help.

Thanks a million
Matt

dudest · Post by **dudest** » Sat Aug 27, 2016 5:52 pm

ikdenk » Sat Aug 27, 2016 8:07 am wrote:Great anticipation/prediction, Dudest!

When you count the levels as Elliott waves, do you adhere to any of their rules? e.g. the big surge to point 5?

Thanks :hi:

I don't know a thing about Elliott waves, just counting the pushes as CJ showed

Going short this coming week

Cheers

20160825 - usdchf - h1 - levels - longs.png

20160827 - usdchf - h4 - aftermath + levels.png

.

dudest · Post by **dudest** » Sat Aug 27, 2016 6:05 pm

ikdenk » Sat Aug 27, 2016 10:58 am wrote:Again, great foresight Dudest!

Posted one week ago today.

Will it go as far as your 61.8 and/or 73.6 or will it bounce off the Demand Zone = red box ?

BTW what do your ** on your chart mean, please?

Thanks again

On the original post, there were EURUSD and GBPUSD charts.

The ** was marking an area that looked very similar on both charts ( may suggest that EU is lagging behind GU )

I think EU may get to 61.8 retrace ( perhaps forming a MORNING STAR, which is actually just a condensed A-B-C ) and then up for LEVEL 3

Should be an interesting week

Cheers

20160819 - eurusd - h4 - levels - look @ gbpusd_m30.png

20160827 - eurusd - h4 - aftermath + levels.png

.

dudest · Post by **dudest** » Sat Aug 27, 2016 6:55 pm

matt_32 » Sat Aug 27, 2016 6:09 pm wrote:
@dudest

I hope that you will find the time to keep posting your trading ideas since they have always been very informative, clear and precise.
I think I speak for most of people here when I say that we really appreciate your input and help.

Thanks a million
Matt

Much appreciated Matt, thanks :hi: