The Captains Chest - Naked Trading & Other Stuff

[esad44]

Show me the pattern, show me

Just flip back few pages, CJ commented on them too. But factor in today's moves too. Also, I do not know where it goes from now on. Consider to sleep on it and see what the Asian session does with today's move. You may find the answer tomorrow morning if you happen to be in Europe.

The move from 103.65s up was executed to trap the shorts accumulated yesterday as most were hoping for an easy and straightforward move lower (sort of repetition of Tue). Around low 104s they have triggered breakout longs supported by the puking shorts. Now all these longs are trapped and sweating.
Like CJ mentioned UJ moved up without any serious retrace. With many longs trapped now I would not be surprised to see the move lower cap the successful week. The fox can only make money when the market turns 180, otherwise the accumulated shorts are of no use to him.

Any other ideas?

[Captain Jack]

Show me the pattern, show me

Just flip back few pages, CJ commented on them too. But factor in today's moves too. Also, I do not know where it goes from now on. Consider to sleep on it and see what the Asian session does with today's move. You may find the answer tomorrow morning if you happen to be in Europe.

The move from 103.65s up was executed to trap the shorts accumulated yesterday as most were hoping for an easy and straightforward move lower (sort of repetition of Tue). Around low 104s they have triggered breakout longs supported by the puking shorts. Now all these longs are trapped and sweating.
Like CJ mentioned UJ moved up without any serious retrace. With many longs trapped now I would not be surprised to see the move lower cap the successful week. The fox can only make money when the market turns 180, otherwise the accumulated shorts are of no use to him.

Any other ideas?

Not too bad, actually pretty close. All this has been said before... They will take advantage of "news" releases to manipulate price. The negative news, which should have caused the pair to fall, brought about a rise.... another lie. I've posted numerous times that they will take advantage of current market conditions, OR CREATE them in order to fill their pockets. I have also stated many times that IF the orders are not sufficient or aligned in the wrong direction, (going with them), they will push price 25-50 pips PAST the previous high or low in order to sell the lie and fill their books.

Let me put a chart together and show you something...

-CJ-

[Captain Jack]

The intended path for USDJPY was posted as such and note it's shape:

2016-10-12_16-09-45.jpg

This is what we had this morning:

2016-10-12_16-22-38.jpg

This is part of the map generated for DFC Advanced members:

2016-10-12_15-56-00.jpg

And then we get this:

2016-10-12_16-26-25.jpg

So what happened?

[Captain Jack]

There was not enough volume trapped, perhaps the lies told till then were not sufficient to fill the book with the orders desired. Perhaps there were too many short positions. Perhaps there were a lot of buy stops in that area that were hit to fill their books... whatever reason, they used the "news" release to cover the push higher, EVEN though the negative news should have sent it lower. Pure manipulation for their profit.

Now look at this:

If you go back to where we were this morning and "remove" the manipulation of news spike:

2016-10-12_16-52-10.jpg

Impose it on the chart, at the location we were this morning, just before the news hit:

2016-10-12_16-22-38.jpg

Do you "see"? Look at the shape and location of the predicated path...do you "see"?

Do yo understand the level of deception that is used against all of us? If you don't or you don't understand then you really should not be trading these markets.

-CJ-

[mtl]

The intended path for USDJPY was posted as such and note it's shape:


This is what we had this morning:



This is part of the map generated for DFC Advanced members:


And then we get this:


So what happened?

CJ friend

Thank you for your explaination

But it paid off more than 10,000 hours to spend in front of charts

[mtl]

There was not enough volume trapped, perhaps the lies told till then were not sufficient to fill the book with the orders desired. Perhaps there were too many short positions. Perhaps there were a lot of buy stops in that area that were hit to fill their books... whatever reason, they used the "news" release to cover the push higher, EVEN though the negative news should have sent it lower. Pure manipulation for their profit.

Now look at this:

If you go back to where we were this morning and "remove" the manipulation of news spike:


Impose it on the chart, at the location we were this morning, just before the news hit:


Do you "see"? Look at the shape and location of the predicated path...do you "see"?

Do yo understand the level of deception that is used against all of us? If you don't or you don't understand then you really should not be trading these markets.

-CJ-

so I have understood your previous post
thanks

[Captain Jack]

Do you "see" what they do AT WILL, ANY TIME THEY WISH? They will move price to favor their position, no matter what was "supposed" to happen, and then what was supposed to happen, will happen.

By then, you have been defeated,, lost money, stopped out, trapped long with stomach problems. You would have given up, tucked tail and limped away...

This is what they do, this is how they make their living.

THIS IS WHY YOU ARE PATIENT, LET THEM SHOW THEIR HAND, THEN MAKE YOUR MOVE. DO NOT TRY AND GET IN EARLY BECAUSE YOU HAVE THE EDGE....THEY ALONE HAVE THE EDGE. YOU WAIT FOR THEM TO SET THE DINNER TABLE AND THEN YOU JOIN THEM FOR THE FEAST. SHOW UP EARLY, GO HOME HUNGRY.

If you expect price to travel from point A to point B, to enter a trade at point b, why would you not enter a trade in the direction towards point b? Take what they offer and don't give it back, they don't need it.

Had you done that this morning, you would have feasted well!

You better learn, or you'll bleed your accounts dry.

2016-10-12_16-57-13naa.jpg

-CJ-

[fiox]

Invaluable lesson. Thanks CJ

[mtl]

Do you "see" what they do AT WILL, ANY TIME THEY WISH? They will move price to favor their position, no matter what was "supposed" to happen, and then what was supposed to happen, will happen.

By then, you have been defeated,, lost money, stopped out, trapped long with stomach problems. You would have given up, tucked tail and limped away...

This is what they do, this is how they make their living.

THIS IS WHY YOU ARE PATIENT, LET THEM SHOW THEIR HAND, THEN MAKE YOUR MOVE. DO NOT TRY AND GET IN EARLY BECAUSE YOU HAVE THE EDGE....THEY ALONE HAVE THE EDGE. YOU WAIT FOR THEM TO SET THE DINNER TABLE AND THEN YOU JOIN THEM FOR THE FEAST. SHOW UP EARLY, GO HOME HUNGRY.

If you expect price to travel from point A to point B, to enter a trade at point b, why would you not enter a trade in the direction towards point b? Take what they offer and don't give it back, they don't need it.

Had you done that this morning, you would have feasted well!

You better learn, or you'll bleed your accounts dry.


-CJ-

exactly still I am learning
CJ good that you're with us

thank you

[Captain Jack]

Invaluable lesson. Thanks CJ

Everybody needs to understand that WE do not control where price goes. SUPPLY AND DEMAND does not really control where price goes because they create the S/D zones, (areas of interest), where both bulls and bears are brought together for the slaughter. They just created a FALSE S/D area on all the charts to follow today. You watched them do it without even knowing it. If they create FALSE areas such as this, then what use are pivots, fibos and all the other stuff that are based on S/D zones? The use of such tools is to bring traders to the slaughter. The more that show up, the greater they can push price and profit from the outcome.

Get all that stuff off your screens and look at price, watch what they do with it and how it is manipulated.

Lies, deceit and deception is the name of the game. Don't fall for it.

-CJ-