The Captains Chest - Naked Trading & Other Stuff

The forum for Captain Jack and CJ related thingies.
AtTheMeadowsEdge
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The Captains Chest - Naked Trading & Other Stuff

Post by AtTheMeadowsEdge »

So I think I am starting to see the levels.

Levels are made easier to count when you start to look for the pre-push "stop hunt". I marked them with arrows. The 'M/W' happens at these places on a lower TF, always in these accumulation/distribution/consolidation areas.

Notice how they knock out profitable traders before they move the price?
I like trading these kinds of swings from the 15m and 1min while keeping this 1H in mind.

I like to wait for an accumulation zone to form first, then let them break out of it and reverse price back the direction they really want to go. e.g. Accumulation, small break out, M/W, push 1, accumulation, small break out, M/W, push 2, accumulation, small break out, M/W, push 3 and repeat.

This example is very clear. I've found that if its not clear its better to change time frames, or not trade it. You can find where you are in the cycle from the Monthly chart on down to the 1min. :yahoo:
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szfxtrader
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Post by szfxtrader »

Hello, today I am selling EN and GN, how about you? Please share your trading ideas, thank you in advance!
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dydynamic
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The Captains Chest - Naked Trading & Other Stuff

Post by dydynamic »

szfxtrader » Thu Mar 03, 2016 7:12 am wrote:Hello, today I am selling EN and GN, how about you? Please share your trading ideas, thank you in advance!
hey,
i am buying EN becos i think it is at level 3 on H4 chart.There is a weekly support at 1.62361 as well.
pls check and confirm. :)
rigisroni
Posts: 5
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The Captains Chest - Naked Trading & Other Stuff

Post by rigisroni »

Hi,
This will be my first post here so - Welcome All ! :)

I am reading this thread for last 2 days so still may be missing few points but EURNZD H4 looks like a candidate for LONG. Depends how current candle will close.

Wish you all tons of pip$!

Rigi
sympathy
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The Captains Chest - Naked Trading & Other Stuff

Post by sympathy »

xrismak » Wed Mar 02, 2016 7:19 pm wrote:
Soulful Sympathy,

No be like so o, I was just too Busy Enjoying Naija, as I hadn't been for Over 15 years,plus You didn't give me your Number when I asked you in a PM Inbox many Months Ago, I guess it was an Oversight on your Path, anyway I can't blame you when you are busy looking at the Charts for Trade Setups.
I dey come D Naija again very very shortly, it might be sometime this Month as I have a couple of things to Do out there...
Hopefully this time we go enter Ikeja follow go chop Ofada Rice n Tinz together, it will be 9ice to see you..

Cheers,

xrismak ;)
Sorry bro, i didn't even see the mail. Anyway as far as the journey is successful we thank God. :clap: :clap:
Last edited by sympathy on Thu Mar 03, 2016 8:36 am, edited 1 time in total.
sympathy
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Post by sympathy »

HEY GUYS LETS FLEX
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sympathy
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Post by sympathy »

Am not sure about this but i want you guys to tell me if am right,,,,,......
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szfxtrader
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Post by szfxtrader »

dydynamic » Thu Mar 03, 2016 7:50 am wrote: hey,
i am buying EN becos i think it is at level 3 on H4 chart.There is a weekly support at 1.62361 as well.
pls check and confirm. :)
: ) UFC - My entry is .62804
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dydynamic
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Post by dydynamic »

sympathy » Thu Mar 03, 2016 8:38 am wrote:Am not sure about this but i want you guys to tell me if am right,,,,,......
hey Bro,
i think NZDCAD is in an uptrend, so maybe buy should be better, i might be wrong cos in forex one can not be too sure of himself.
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dydynamic
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Post by dydynamic »

szfxtrader » Thu Mar 03, 2016 8:40 am wrote:
dydynamic » Thu Mar 03, 2016 7:50 am wrote: hey,
i am buying EN becos i think it is at level 3 on H4 chart.There is a weekly support at 1.62361 as well.
pls check and confirm. :)
: ) UFC - My entry is .62804
pls what does UFC mean?
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