The Captains Chest - Naked Trading & Other Stuff

[seanyd]

Hey Amit I made the same mistake but realised that L1 does not begin until you clear Level 3

Screenshot (128).png

[Dagu]

Another opportunity for good trade

ass.gif

as.gif

[Captain Jack]

GBPUSD

[Dagu]

CJ
you are incredible
Thank you very much for a true perspective

[botrak]

Is it correct level? GU does not look like BARF anymore, do we still wanna short?

[Captain Jack]

GBPUSD

Stopped out...

CJ

[Dagu]

me to
but that was a very smal lot
another opportunity will come to us ; )

dsaasddsadsa.gif

[pips400]

GBPUSD just below long tem (weekly chart) resistance. Might see an M but up into the resistance level for stops, or get the break and continuation.

[Pedigree]

kwannan de barbrian, i thought we are supposed to trade away from peak formation and not towards it?

I find m & ws analysis is very subjective, different people see differently. Same for level counting, not so simple and straight forward.

Nipponho

For me, its simply a replay of the pattern of GU from around 2 months back..

As for the rest, it all depends on the TF you are looking at.......

I'm only looking for a short at 1.68, anything below for me is still a long position

Cheers

Well, this makes you something of a soothsayer, Kwan. I took it with a bit of skepticism at the time (early December) but it's looking more and more likely by the day, with GU simply refusing to let up! Of course, the idea is not to simply sit on a GU buy trade and wait and wait, but it certainly would have helped to know and be reasonably confident of what the grand design was all along.

Even now, there could still be a big drop before it finally shoots up to your 1.68, but already, this is probably as good as it gets.

Great stuff!

[Pedigree]

LOL Thanks CJ, seeing it form and profiting from is slow and painful. Massive success with this method initially, but then it's faded, comes and goes now. For the last 3 weeks managed to be green, lost my mojo last week/start of this week. So it was back to basics, read the thread again.

But above all, I refuse to give up. This fox might manage to chew off one of my legs, but I'll take its head.

With this method, it all boils down to chart time and pattern and level recognition, once u see the pattern, you know more or less what will happen in general, then its just time to sit back and give it some time to stew

Another testimony to CJ's reiterations that patterns repeat! If you asked me, this is a method that is worthy of the highest dedication.