3 of my favorite charts from my days at FXAW - EXACT CANDLE PATTERNS DO REPEAT
You really need to look at these 3 charts and what was presented on them. It's lost on most people...
Try to fathom the possibilities.
CJ
The Captains Chest - Naked Trading & Other Stuff
- Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: The Captains Chest - Naked Trading & Other Stuff
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
-
intcust
- Trader
- Posts: 285
- Joined: Wed Oct 03, 2012 9:12 pm
Re: The Captains Chest - Naked Trading & Other Stuff
earlier this week I thoght E J was on first level down. Others thought the move down was all three levels. I took a long got about 50 pips but it did not break up like it should have. So I closed it. Then as I thought it moved down like it should have after a stop hunt. see chart. Bottom line is it you enter at the peak low and are wrong you can still make some pips if you play what you see not what you or the Fox wants you to see. Note I missed the sell down because I was stupid and lazy last night.
You do not have the required permissions to view the files attached to this post.
-
intcust
- Trader
- Posts: 285
- Joined: Wed Oct 03, 2012 9:12 pm
Re: The Captains Chest - Naked Trading & Other Stuff
intcust wrote:earlier this week I thoght E J was on first level down. Others thought the move down was all three levels. I took a long got about 50 pips but it did not break up like it should have. So I closed it. Then as I thought it moved down like it should have after a stop hunt. see chart. Bottom line is it you enter at the peak low and are wrong you can still make some pips if you play what you see not what you or the Fox wants you to see. Note I missed the sell down because I was stupid and lazy last night.
sorry wrong chart hope this is correct
You do not have the required permissions to view the files attached to this post.
- djhenry1981
- Trader
- Posts: 46
- Joined: Fri Oct 18, 2013 7:45 am
Re: The Captains Chest - Naked Trading & Other Stuff
Interesting, I've read when you spoke about one following the other, and I never really comprehended it until now... WOW.Captain Jack wrote:3 of my favorite charts from my days at FXAW - EXACT CANDLE PATTERNS DO REPEAT
You really need to look at these 3 charts and what was presented on them. It's lost on most people...
Try to fathom the possibilities.
CJ
What's the date on the smaller pic in the first pic, I can't make it out. It looks like it says 2009 with 3 years difference. I can see the small blue circle one, large image says May 2012, the smaller image looks like Aug 2009.
-
intcust
- Trader
- Posts: 285
- Joined: Wed Oct 03, 2012 9:12 pm
Re: The Captains Chest - Naked Trading & Other Stuff
you could overlay the two daily charts and it would appear as one with the direction ploted out for the other. the bottom two I missed and neve thought of that way but it opened my eyes on why I see that jagged up and down and don't know what to do but it is obvious now. Thanks againCaptain Jack wrote:3 of my favorite charts from my days at FXAW - EXACT CANDLE PATTERNS DO REPEAT
You really need to look at these 3 charts and what was presented on them. It's lost on most people...
Try to fathom the possibilities.
CJ
- Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: The Captains Chest - Naked Trading & Other Stuff
Can price be "forecast" with a high degree of certainty? ABOLUTELY!
The original chart was from a post I made at FF...
CJ
The original chart was from a post I made at FF...
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
- Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: The Captains Chest - Naked Trading & Other Stuff
No, you can't overlay the D1 charts, as presented, the patterns appear on both, BUT MANY MONTHS APART....YEARS actually... coincidence? Not hardly.intcust wrote:you could overlay the two daily charts and it would appear as one with the direction ploted out for the other. the bottom two I missed and neve thought of that way but it opened my eyes on why I see that jagged up and down and don't know what to do but it is obvious now. Thanks againCaptain Jack wrote:3 of my favorite charts from my days at FXAW - EXACT CANDLE PATTERNS DO REPEAT
You really need to look at these 3 charts and what was presented on them. It's lost on most people...
Try to fathom the possibilities.
CJ
To set the stage for the bottom 2, I was in an earlier trade and got stopped out as I EXPECTED price to exit the 1st pennant moving upwards, it didn't and my trade was stopped out. It was stopped out with the exact pattern that appeared on the 2nd chart. When this same pattern repeated itself on a latter time frame, remember they take time to mature on the higher ones, I traded it both ways.... and made the FOX pay extra for the 1st time he fooled me....
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
- Captain Jack
- Trader
- Posts: 1329
- Joined: Sun Dec 11, 2011 4:54 am
- Location: West Virginia, US
Re: The Captains Chest - Naked Trading & Other Stuff
Look closely.....djhenry1981 wrote:Interesting, I've read when you spoke about one following the other, and I never really comprehended it until now... WOW.Captain Jack wrote:3 of my favorite charts from my days at FXAW - EXACT CANDLE PATTERNS DO REPEAT
You really need to look at these 3 charts and what was presented on them. It's lost on most people...
Try to fathom the possibilities.
CJ
What's the date on the smaller pic in the first pic, I can't make it out. It looks like it says 2009 with 3 years difference. I can see the small blue circle one, large image says May 2012, the smaller image looks like Aug 2009.
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
The goal is not a "perfect trade" - the goal is a "profitable trade"!
- djhenry1981
- Trader
- Posts: 46
- Joined: Fri Oct 18, 2013 7:45 am
Re: The Captains Chest - Naked Trading & Other Stuff
It makes sense, if patterns have worked in the past, why change a thing? Just repeat, with enough time between and on a different pair so people forget about them or not even know they exist and boom.... the fox has profit.
Head has officially exploded.
Head has officially exploded.
-
intcust
- Trader
- Posts: 285
- Joined: Wed Oct 03, 2012 9:12 pm