The Captains Chest - Naked Trading & Other Stuff

dawidforex · Post by **dawidforex** » Sat Feb 11, 2017 9:04 pm

GBPUSD+M30

sfeng1 · Post by **sfeng1** » Sun Feb 12, 2017 5:11 pm

Hmm just saw this one. Another possible scenario?

Screenshot_2017-02-12-11-04-52.jpg

Post by **tomele** » Sun Feb 12, 2017 7:09 pm

Hi.

Reminds me of a school enrollment drawing from my grandkids. Will follow this thoroughly. Is there any comprehensible concept behind this?

Post by **woodlands** » Sun Feb 12, 2017 7:46 pm

I was thinking level 2 retrace was done but same drop as previous is possible if the pattern repeats, maybe even a gap tonight.....

GBPUSDH4.png

sfeng1 · Post by **sfeng1** » Sun Feb 12, 2017 10:18 pm

tomele » Sun Feb 12, 2017 7:09 pm wrote:Hi.

Reminds me of a school enrollment drawing from my grandkids. Will follow this thoroughly. Is there any comprehensible concept behind this?

My apologies hehe.

Was away from computer and wanted to jot it down on my phone as a reminder.

I was just hunting for more "growing patterns" when I realized that the sharkfin-M structure already formed previously. It's a shark fin M followed by accumulation, then SH low, and SH high, back into range, then gap/SH low. So if pattern repeats

then expect maybe a rise and SH low? The previous SH found support on the LL trend line, so I drew that just as a reference. But then again anything could happen in fx

Post by **tomele** » Sun Feb 12, 2017 10:37 pm

Ok. Hmmm.

We are in CJs thread and I am confused now. I have learned a little but clearly not enough about his "naked trading" thing. Please refer me to CJs posts where he is writing about "shark fins", growing patterns, alternating low and high SH and all the other brilliant stuff you present here.

"Anything could happen in fx" means "I dont know anything". At least to a moron like me.

Looking forward to your enlightening answers.

Post by **SteveHopwood** » Mon Feb 13, 2017 12:23 am

sfeng1 » Sun Feb 12, 2017 5:11 pm wrote:Hmm just saw this one. Another possible scenario?

Do please enlighten us as to the purpose of the Moving Average on your chart picture. You clearly understand this stuff better than the rest of us, so I am anxious to learn what your MA does to improve my knowledge.

sfeng1 · Post by **sfeng1** » Mon Feb 13, 2017 1:52 am

Hi all,

I am very sorry for all those I have offended. I didn't try to put on any airs. Maybe it was my posting style perhaps. For that I sincerely apologize.

Everything I talk about is what I've learned or enlightened to after reading all 1500+ pages of this thread multiple times. I will keep my mental ramblings to myself from now on. Thank all the masters and contributors and masters for making this possible. :hi:

Post by **Lowphat** » Mon Feb 13, 2017 2:05 am

He is displaying a self similar pattern MAP showing you if the map holds true a probable outcome. Maps don't have to originate from a smaller TF ( IMHO ) They can come from the same TF's or even a larger TF.
Its how a a few of the grp would draw it like http://www.stevehopwoodforex.com/phpBB3 ... ap#p138374

tomele » Sun Feb 12, 2017 2:09 pm wrote:Hi.

Reminds me of a school enrollment drawing from my grandkids. Will follow this thoroughly. Is there any comprehensible concept behind this?

Post by **Lowphat** » Mon Feb 13, 2017 2:09 am

my view on GJ daily. 3 down and 1 ish up so far. being cautious of the zone above.
so a potential 1 or 2 more levels up unless there is a reset or the zone holds