The Captains Chest - Naked Trading & Other Stuff

Post by **michosz** » Fri Mar 24, 2017 6:30 am

Hello,
UJ

Have a Nice Weekend !

Post by **xrismak** » Sat Mar 25, 2017 1:24 am

Hello Peeps,

AUD-CAD 24-03-17 Quick Coins.png

And Goodbye...
Happy Trading Folks,
xrismak.

Luxy · Post by **Luxy** » Sat Mar 25, 2017 8:58 am

Hey Sympathy,

I saw some of your pic indicating "reset" whenever there is a pin in between 2 moves... I am attaching one here to confirm if I have got them right? AUDNZD 1H here its not of the latest date...just doing some leveling exercise here....any help would be appreciated~!

Thanks as always,
Luxy

Luxy · Post by **Luxy** » Sat Mar 25, 2017 9:21 am

Hi all,

Completed my plotting for AUDNZD.... hope anyone can point out or highlight things that I might have done wrongly... still in the level chapter here >.<" The accumulation before the first move up from level 1 span almost 2 weeks(12 days) is this possible(but then again....anything is possible in forex right?)

On the 1H tf looking at drop from a fresh level 3....on the daily tf looks more like one more leg missing to the peak back in March 2016....

Any advice?

Thanks all,
Luxy

Luxy · Post by **Luxy** » Sat Mar 25, 2017 9:47 am

Hi all,

Posting another one here.... USDCHF 1H.... currently at Lv2 drop in the cycle?

Feedback welcome~!

Thanks,
Luxy

kola8701 · Post by **kola8701** » Sat Mar 25, 2017 6:05 pm

Luxy » Sat Mar 25, 2017 10:47 am wrote:Hi all,

USDCHF 1H.... currently at Lv2 drop in the cycle?

Post by **rewand** » Sun Mar 26, 2017 7:57 am

dydynamic » Sun Mar 19, 2017 10:39 pm wrote: please listen,SYMPATHY has given us here a very powerful lifeline.....
"PUSH---->RESET------>PUSH-------->RESET" strategy on the M15 chart,
study carefully all the recent charts he posted and your eyes must be opened....
From there you can expand your understanding of levels and market cycles while making lots of cool cash....
I tell you, you will not find this incredible but simple strategy that Sympathy has shown us on Steve's forum anywhere else........no complicate matter.........
PS: This has got to be the best scalping strategy I have ever seen......

Hi, maybe I am missing stg here, could you explain this prpr strategy on a chart, especially the reset part? I am doing quite well with NT, just curious of what this prpr approach is about : )
Thanks,
A.

PS: SYMPATHY, YOUR CHARTS ARE GREAT, THE ONLY THING THAT WOULD BE GOOD, IF YOU COULD SAVE YOUR CHARTS IN A DIFFERENT WAY: SAVE AS PICTURE->ACTIVE CHART (AS IS), IF POSSIBLE. UNLESS YOU HAVE A REASON FOR SAVING THEM AS YOU DO. WOULD BE NICE TO SEE TIME AND PRICE LEVEL. THANK YOU.

I took this brave trade on Friday : )

Post by **dydynamic** » Sun Mar 26, 2017 1:41 pm

rewand » Sun Mar 26, 2017 7:57 am wrote: Hi, maybe I am missing stg here, could you explain this prpr strategy on a chart, especially the reset part? I am doing quite well with NT, just curious of what this prpr approach is about : )
Thanks,
A.

PS: SYMPATHY, YOUR CHARTS ARE GREAT, THE ONLY THING THAT WOULD BE GOOD, IF YOU COULD SAVE YOUR CHARTS IN A DIFFERENT WAY: SAVE AS PICTURE->ACTIVE CHART (AS IS), IF POSSIBLE. UNLESS YOU HAVE A REASON FOR SAVING THEM AS YOU DO. WOULD BE NICE TO SEE TIME AND PRICE LEVEL. THANK YOU.

I took this brave trade on Friday : )

This is a template I have made and this happens on any timeframe and if you can see this on lower charts like M15 and M30,,,,!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Post by **rewand** » Sun Mar 26, 2017 2:16 pm

dydynamic » Sun Mar 26, 2017 1:41 pm wrote: This is a template I have made and this happens on any timeframe and if you can see this on lower charts like M15 and M30,,,,!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Thanks, I can see levels going up and down, painting different structures on the way. Some levels have SHs. I can see that when 3 levels get completed well before previous highs/lows, then there you go with milking the cow. Is that what you mean, 2 great opportunities on the picture at "major reset" points (not counting the usual MM-trend following trades)?
I use the word "reset" to describe the unloading of positions by MMs. It is "reset" because the cycle starts again and price could theoretically go either way. What do you mean by the word "reset" in the context of price movement on your chart? Minor and major. Just want to clarify, it would help others to avoid some confusion over the word. I have already taken the point I believe.
Anyway, great observation, I have learnt something I had not been aware of the way you put it. I love your picture.
Thanks for the further explanation in advance and happy trading for next week.
A.

Post by **dydynamic** » Sun Mar 26, 2017 3:10 pm

rewand » Sun Mar 26, 2017 2:16 pm wrote: Thanks, I can see levels going up and down, painting different structures on the way. Some levels have SHs. I can see that when 3 levels get completed well before previous highs/lows, then there you go with milking the cow. Is that what you mean, 2 great opportunities on the picture at "major reset" points (not counting the usual MM-trend following trades)?
I use the word "reset" to describe the unloading of positions by MMs. It is "reset" because the cycle starts again and price could theoretically go either way. What do you mean by the word "reset" in the context of price movement on your chart? Minor and major. Just want to clarify, it would help others to avoid some confusion over the word. I have already taken the point I believe.
Anyway, great observation, I have learnt something I had not been aware of the way you put it. I love your picture.
Thanks for the further explanation in advance and happy trading for next week.
A.

We can define reset as pullback as well............