The Captains Chest - Naked Trading & Other Stuff

[dudest]

Hi Dudest, CJ

Could you tell me if i got these levels correct on GBP/NZD 1hr chart.


or if i got it wrong can you draw the levels so i have a better understanding.

thanks

My best shot

20160901 - gbpnzd - h1 - levels.png

To be honest, I'd have stayed away in real-time since it would have thrown me off at some point
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[dudest]

My best shot



To be honest, I'd have stayed away in real-time since it would have thrown me off at some point
.

20160901 - gbpnzd - h1 - levels2.png

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[dudest]

Hello, chaps.

Hopefully someone can help me out here:

Is my level count wrong, or does the gap after my first level reset the pattern meaning I should look for another level (currently two levels post gap pending a third?).

Thanks in anticipation.

Another hard one. Avoided it in real-time

Best effort:

20160901 - gbpjpy - m30 - levels.png

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[waza]

thanks for the reply mate. much appreciated

[Mathewslade]

You're the man, Dudest. If Bitcoin launch Beercoin one is coming your way.

I get why the first two peaks are only one level instead of two as the lows cross each other, but how would one avoid the trap between your 3/4 horizontal line? What should I look for to avoid that trap?

Has anyone also noticed the three day cycles on the 15min are increasingly two days at best from PL to PH? Is there a reason for this or is it the fox muddying things up?

[jksynergyworks]

This is what I have analyzed on the USDCAD. I feel that it is happening tonight.

CJ, am I right?

160902 - CAD - D1.png

[jksynergyworks]

CJ, I am waiting for US Oil prices to drop to $42 and TP. Do you think it will happen?

160901 - USOil - Daily.png

[dudest]

You're the man, Dudest. If Bitcoin launch Beercoin one is coming your way.

...

:hi:

beercoin.png

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[dudest]

...
I get why the first two peaks are only one level instead of two as the lows cross each other, but how would one avoid the trap between your 3/4 horizontal line? What should I look for to avoid that trap?
...

Believe in your counts and expect the Fox to do something funny

The Fox's primary tool is deceit; the purpose of the traps and hunts is to throw off correct trades

Gets easier to anticipate with time.

PS: for the record, apart from most of GBPUSD, the other GBPs have not been making sense to me, so I kept away

...
Has anyone also noticed the three day cycles on the 15min are increasingly two days at best from PL to PH? Is there a reason for this or is it the fox muddying things up?
...

Hadn't noticed that but checked on a few pairs and you are right ( nice spot! )
I guess just Fox muddying things up ( or making up for lost Summer time )

Cheers

[dudest]

Believe in your counts and expect the Fox to do something funny

The Fox's primary tool is deceit; the purpose of the traps and hunts is to throw off correct trades

Gets easier to anticipate with time.

PS: for the record, apart from most of GBPUSD, the other GBPs have not been making sense to me, so I kept away

...

For example, I'm going to go out on a limb here and say that I expect the circled candle to end up as a pin

20160902 - eurcad h4 - rising TL - expecting pin.png

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