The Captains Chest - Naked Trading & Other Stuff

Luxy · Post by **Luxy** » Sat Mar 04, 2017 11:28 am

Hi sympathy,

Seems my level 1 is the only difference from yours, rest 2 and 3 we agree on the same level. Thanks for your confirmation. I will continue to post charts and hope you and the rest can continue to guide us newbies until we all on track of the fox roller coaster~!!!!

Thanks,

Luxy

sympathy » Sat Mar 04, 2017 6:50 pm wrote:
Luxy » Sat Mar 04, 2017 3:52 am wrote:Can anyone confirm if I have this AUDUSD correctly analyzed?

Thanks!
Luxy
Easy as dissss......

Luxy · Post by **Luxy** » Sat Mar 04, 2017 11:31 am

Hey woodland,

Appreciate your feed back here but some how i cant seem to load the first picture u uploaded.....let see what the fox is going to show us next week!

Cheers!
Luxy

woodlands » Sat Mar 04, 2017 7:23 pm wrote:
Luxy » Sat Mar 04, 2017 2:52 am wrote:Can anyone confirm if I have this AUDUSD correctly analyzed?

Thanks!
Luxy
Hi Luxy,
This is what I was seeing H4 and H1 bu t now see Sympathy post.................

Post by **jedrula** » Sat Mar 04, 2017 1:16 pm

sympathy » 04 Mar 2017, 12:50 wrote:
Luxy » Sat Mar 04, 2017 3:52 am wrote:Can anyone confirm if I have this AUDUSD correctly analyzed?

Thanks!
Luxy
Easy as dissss......

Welcome back Sympathy.

It is always nice when you're with us.

If you find free time, explain to us some new detail.

Luxy · Post by **Luxy** » Sun Mar 05, 2017 1:59 am

Hi Hunters,

Is this how I am suppose to see the bigger picture? EURUSD Daily TF..... Is there a "W" in progress with the news scheduled ahead?

Thanks in advance for any feedback as always!

Luxy

Luxy · Post by **Luxy** » Sun Mar 05, 2017 3:13 am

Hi Hunters,

Another one for clarification of my view if I have got them correctly on XAUUSD Daily, as usual any feedback is much appreciated~!

Thanks in advance!
Luxy

jksynergyworks · Post by **jksynergyworks** » Sun Mar 05, 2017 7:19 am

sympathy » Sat Mar 04, 2017 6:54 pm wrote:level 1 starts after the end of level 3.that is how it works ok. If you need more examples i will explain further ok

Hi Sympathy, I posted 2 charts. In the first chart, there was a retracement and a level appeared between L1 and L2 of the previous cycle down trend. How should that level be counted?

Jason.

UJ.png

In the same chart above, the trend is a uptrend. But if I zoomed out the chart to see more of the bars, it showed a down trend and the current uptrend appears like a reset. So which one should I follow?

UJ zoomed out.png

Thanks in advance you for teaching us how to count.

Best regards,

Post by **firesword** » Sun Mar 05, 2017 7:36 am

EURGBP hourly M forming at 3rd level and at a previous selling level . I'll be looking to short on Monday.

adp · Post by **adp** » Sun Mar 05, 2017 7:00 pm

firesword » Sun Mar 05, 2017 7:36 am wrote:EURGBP hourly M forming at 3rd level and at a previous selling level . I'll be looking to short on Monday.

Looks good to me. Just waiting to see if price is pushed up higher briefly to take out any pending orders

EURGBP-H1

EURGBP-H1.png

And just for fun, a possible setup on EURGBP-Daily

EURGBP-D2.png

zingo · Post by **zingo** » Sun Mar 05, 2017 9:14 pm

rewand » Wed Mar 01, 2017 6:31 pm wrote:
zingo » Wed Mar 01, 2017 3:51 pm wrote: thank you Rewand it helps a lot...now following what you explained,do pushes have to occur to define a level?personnally i think not i mean a level can be created without pushes,that also means that one doesn't have to look for 3 pushes to define a level(not rigid?) what do you think?
another question please that usually crosses my mind:does the high/low aof level have to be higher/lower than the high/low of the next level?thank you
Try to go visual instead of analytical at this point, draw and share your charts, people will help if needed. Levels are distinct entities and there are moves in between, ideally 3 step moves. Focus on the move, pause, move pause, etc routine with giving some space to SHs. Forget about the word push, it is not about the word but the nature of moves between levels, be them intraday or HTF. It is the same in all TFs, just adjusted to a particular TF. And intraday moves tend to be more impulsive, hence the word push I guess, not being equal to the 3 candle push. So, yes, there must be moves between levels, because levels are distinct and all between are moves of different nature.
Sometimes you get 3 moves without distinct levels, when price zigzags. It may also happen that the 3rd move falls short of the second but still indicates exhaustion. When you go visual, you may want to count moves sometimes, instead of levels, depending on what the actual PA paints in front of your eyes. Move counting helps to identify levels, too. Compress your charts, look for the knots and what is in between.

Too many concepts to chew and mix but definitly worths it,i see the picture clearer now although i'm still missing some pieces,thank's for the heads up!

Will try to post some charts

Post by **Jemook** » Mon Mar 06, 2017 11:17 am

adp » Mon Mar 06, 2017 6:00 am wrote:
firesword » Sun Mar 05, 2017 7:36 am wrote:EURGBP hourly M forming at 3rd level and at a previous selling level . I'll be looking to short on Monday.
Looks good to me. Just waiting to see if price is pushed up higher briefly to take out any pending orders

EURGBP-H1

And just for fun, a possible setup on EURGBP-Daily

Nice call on the wait for spike