The Captains Chest - Naked Trading & Other Stuff

Silweri · Post by **Silweri** » Wed Dec 16, 2015 9:09 pm

EURCAD pumbed to max

All margin used...

Post by **sympathy** » Wed Dec 16, 2015 9:11 pm

Silweri » Wed Dec 16, 2015 10:04 pm wrote:Tom.

That "usually three days" rule is for market that is medium volatile.

See what happened in short period and with lot of movement.
Volatitidy is how much you step on gas and how fast you go...

Am I right CJ?

If you want to understand this method you have to keep off from lower time frames else you will never count them right. stick with 1hr and above ok.

Post by **sympathy** » Wed Dec 16, 2015 9:13 pm

Silweri · Post by **Silweri** » Wed Dec 16, 2015 9:17 pm

sympathy » Wed Dec 16, 2015 11:11 pm wrote:
Silweri » Wed Dec 16, 2015 10:04 pm wrote:Tom.

That "usually three days" rule is for market that is medium volatile.

See what happened in short period and with lot of movement.
Volatitidy is how much you step on gas and how fast you go...

Am I right CJ?
If you want to understand this method you have to keep off from lower time frames else you will never count them right. stick with 1hr and above ok.

Thank you for once again for pointing this out...

I still have burden to carry with me... Just been here short time and could not get rid of everything I learned in past yet.

Could you please help by marking AUDUSD levels you traded from?

And thank you Sympathy again! You Sir are great asset for learning :hi:

Post by **sympathy** » Wed Dec 16, 2015 9:48 pm

Silweri » Wed Dec 16, 2015 10:17 pm wrote:
sympathy » Wed Dec 16, 2015 11:11 pm wrote:
Silweri » Wed Dec 16, 2015 10:04 pm wrote:Tom.

That "usually three days" rule is for market that is medium volatile.

See what happened in short period and with lot of movement.
Volatitidy is how much you step on gas and how fast you go...

Am I right CJ?
If you want to understand this method you have to keep off from lower time frames else you will never count them right. stick with 1hr and above ok.
Thank you for once again for pointing this out...

I still have burden to carry with me... Just been here short time and could not get rid of everything I learned in past yet.

Could you please help by marking AUDUSD levels you traded from?

And thank you Sympathy again! You Sir are great asset for learning :hi:

Tom822 · Post by **Tom822** » Wed Dec 16, 2015 11:24 pm

Captain Jack » Wed Dec 16, 2015 8:49 pm wrote:
Tom822 » Wed Dec 16, 2015 3:50 pm wrote:CJ - you have 2 x M's on H4 chart EUR/CAD pair. One M inside of another M, as on my screenshot. One of these M is located inside of level 3. On the M15 chart there is an M as well on the peak high.
And what's your point? more importantly, what do you expect from a trade? For the most part, I don't see what the point of your posts are?

-CJ-

EUR/CAD - goal of my trade on this pair was 50 pips. My entry point was at the level which I marked on screenshot. I was sure that we will get 3rd level on 16th December, moreover I found an M on this level which I read as 2nd level. There were pins as well. Moreover, this M came right after the end of Asian range. Anyway, I did not reached these 50 pips because "market" went up.

Could you tell me what I missed ? Is that possible that when we trade on M15 then we should be ready for such situations that there will be no 3 days cycle but 2 days cycle ?

Post by **scalpz** » Thu Dec 17, 2015 12:06 am

Tom822 » Thu 17Dec2015 12:24 pm wrote:
EUR/CAD - goal of my trade on this pair was 50 pips. My entry point was at the level which I marked on screenshot. I was sure that we will get 3rd level on 16th December, moreover I found an M on this level which I read as 2nd level. There were pins as well. Moreover, this M came right after the end of Asian range. Anyway, I did not reached these 50 pips because "market" went up.

Could you tell me what I missed ? Is that possible that when we trade on M15 then we should be ready for such situations that there will be no 3 days cycle but 2 days cycle ?

What do your notes you took when reading the thread say about M/W positions ?

What do the same notes say about your count sequence ?

What did sympathy say about lower time frames on the last 1 or 2 pages ?

Seems you are trying to force it into a fixed box or maybe the peg is round.

cheers scalpz

take care with your account balance.

TheRoper · Post by **TheRoper** » Thu Dec 17, 2015 1:21 am

Tom822 » Wed Dec 16, 2015 6:24 pm wrote:
EUR/CAD - goal of my trade on this pair was 50 pips. My entry point was at the level which I marked on screenshot. I was sure that we will get 3rd level on 16th December, moreover I found an M on this level which I read as 2nd level. There were pins as well. Moreover, this M came right after the end of Asian range. Anyway, I did not reached these 50 pips because "market" went up.

Could you tell me what I missed ? Is that possible that when we trade on M15 then we should be ready for such situations that there will be no 3 days cycle but 2 days cycle ?

Hi Tom,

I am still learning but the 1 hr time frame looks very similar to the chart CJ provided us at the beginning of the thread.

Kind Regards

Kurt

Captain Jack · Post by **Captain Jack** » Thu Dec 17, 2015 2:46 am

Tom822 » Wed Dec 16, 2015 7:24 pm wrote:
EUR/CAD - goal of my trade on this pair was 50 pips. My entry point was at the level which I marked on screenshot. I was sure that we will get 3rd level on 16th December, moreover I found an M on this level which I read as 2nd level. There were pins as well. Moreover, this M came right after the end of Asian range. Anyway, I did not reached these 50 pips because "market" went up.

Could you tell me what I missed ? Is that possible that when we trade on M15 then we should be ready for such situations that there will be no 3 days cycle but 2 days cycle ?

And your interpretation of this is that the "M" you traded represented the "Peak High" where it is supposed to form?

-CJ-

Post by **sympathy** » Thu Dec 17, 2015 7:55 am

Looks like something is gona happen to this pair today