The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Fri Dec 11, 2015 10:08 am

Looks like level 3 is not gona hold. lets watch and see

Tom822 · Post by **Tom822** » Fri Dec 11, 2015 10:10 am

Someone understand what they are doing with AUD/USD ?
Yesterday, it looked like the first level of uptrend. Now it is strongly going down. Is it a SH before a real move ?

as28 · Post by **as28** » Fri Dec 11, 2015 11:05 am

sympathy » Today, 11:54 am wrote:Am just doing all i know about this shit. if it doesn't follow my plan, i look for another one.

Why do you trade buy after 3 level? Is it scalp or you expect next 3 levels?

Wisznu · Post by **Wisznu** » Fri Dec 11, 2015 11:08 am

Longterm Gold

mtl · Post by **mtl** » Fri Dec 11, 2015 11:19 am

we'll see if it will work for me

Wisznu · Post by **Wisznu** » Fri Dec 11, 2015 11:23 am

If price will be above 1065 at the end of the day, there's no chance to hit that tp in my opinion, but good luck! :hi:

E: I forgot about coming news, let's see what will happen.

Post by **sympathy** » Fri Dec 11, 2015 11:33 am

as28 » Fri Dec 11, 2015 12:05 pm wrote:
sympathy » Today, 11:54 am wrote:Am just doing all i know about this shit. if it doesn't follow my plan, i look for another one.
Why do you trade buy after 3 level? Is it scalp or you expect next 3 levels?

All level3 are reversal bro. that trade i posted didnt hold but its not gona go far. i will buy it again later.

Post by **sukui** » Fri Dec 11, 2015 12:30 pm

sympathy » Fri Dec 11, 2015 11:08 am wrote:Looks like level 3 is not gona hold. lets watch and see

HI Sympathy,

What does it mean, if level 3 not holds? Does a new 1-2-3 cycle begin towards the same direction? Or Just a strech and afterthat begins the reversal?

Thx

mtl · Post by **mtl** » Fri Dec 11, 2015 12:52 pm

Post by **WhoKnows** » Fri Dec 11, 2015 1:34 pm

sympathy » Fri Dec 11, 2015 5:45 pm wrote:This is level3

Capturesym.PNG

Capture.PNG

Hi Sympathy, I included a bit more history on my chart, and copied your counts.
On the chart above, can you explain why you put the 1 where it is? I saw that move as LowerLow so part of the 3 of the down-wave.
So if I understand your count correctly, a level 1 can be lower in the retrace than the previous 3? Or do i miss something?

BTW thanks for all those annotated charts. It greatly helps by learning the counting better/sooner.
My counting has been bad last week ... went too early short on USDCAD