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The Captains Chest - Naked Trading & Other Stuff
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Author:  Zoltr1x [ Tue May 31, 2016 9:45 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Yigrashill man levels are only a one part of this "method" you need to look where price is going and how price behave, on G/U there was level 3 and also a strong "common ground" + multisession M, they just set a trap for traders who took long trades as you, at G/J there was level 3 and also a nice big ABC. I just can't understand why do you still average down losing positions. Just chill and don't overcomplicate this :good:
Author:  Captain Jack [ Tue May 31, 2016 10:53 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
NZDUSD

-CJ-
2016-05-31_18-48-54.jpg
Author:  szfxtrader [ Wed Jun 01, 2016 7:11 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Thank you.
Author:  szfxtrader [ Wed Jun 01, 2016 7:12 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Today I am selling EURAUD(1.53395), what do you guys think about it?
Author:  remora [ Wed Jun 01, 2016 8:00 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff



Is this mean short at the M?
Author:  Zoltr1x [ Wed Jun 01, 2016 8:35 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
szfxtrader » Wed Jun 01, 2016 7:12 am wrote:Today I am selling EURAUD(1.53395), what do you guys think about it?
Eur/Gbp looks more promising but Eur/Aud sell could work if price hit minor support and they trap enough buyers.
Author:  waza [ Wed Jun 01, 2016 9:01 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
remora this is an M..if you go down to the 5 minute you can see it very clearly.
Author:  remora [ Wed Jun 01, 2016 9:08 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
waza » Wed Jun 01, 2016 9:01 am wrote:remora this is an M..if you go down to the 5 minute you can see it very clearly.

Thanks bro...I have been following this thread for some times. But am still not that clear about the trading concept shared by CJ. Is it after we found M at the top of chart, we will see downtrend, and the downtrend lasts for 3 counts? vice versa to W at the bottom?
Author:  waza [ Wed Jun 01, 2016 9:26 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
yes that's correct but i always check 1 higher time frame and see where that is just in case it's not ready for a reversal.
Author:  remora [ Wed Jun 01, 2016 9:36 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
waza » Wed Jun 01, 2016 9:26 am wrote:yes that's correct but i always check 1 higher time frame and see where that is just in case it's not ready for a reversal.

Alright Thanks a lot!!
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