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The Captains Chest - Naked Trading & Other Stuff
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Author:  Piter80 [ Sun Aug 07, 2016 6:04 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

ikdenk » Sat Aug 06, 2016 9:08 pm wrote:
Why would you sell against a level 1? Maybe for a scalp?
USDCHF-h1.png
Author:  Piter80 [ Sun Aug 07, 2016 6:09 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

maperdel » Fri Aug 05, 2016 11:11 pm wrote:Hey guys, I want to ask a question regarding level count:

When price forms and a-b-c pattern,do you count the "c" part as level 1??

Three recent images as an example:




Hi
For me it's one pattern/level,same as W or M
Author:  Piter80 [ Sun Aug 07, 2016 6:16 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

USDJPYDaily.png
USDJPYM30.png
Author:  Piter80 [ Sun Aug 07, 2016 6:30 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

GBPUSDH1.png
GBPJPYH4.png
GBPJPYM5.png
Author:  dydynamic [ Sun Aug 07, 2016 9:20 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Mapping 3
Author:  Wisznu [ Mon Aug 08, 2016 1:09 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Big news on NZD are coming this week. Seems like some moves about to happen. Waiting for wednesday...
Author:  maperdel [ Mon Aug 08, 2016 4:46 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Piter80 » Sun Aug 07, 2016 12:09 am wrote: Hi
For me it's one pattern/level,same as W or M
Thanks for your answers,Piter & Bobby.

Hey Piter, do you mean that you consider a-b-c as level 3/PH/PL and from that pattern you start to count?
Author:  Piter80 [ Tue Aug 09, 2016 3:04 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

maperdel » Mon Aug 08, 2016 4:46 pm wrote:
Piter80 » Sun Aug 07, 2016 12:09 am wrote: Hi
For me it's one pattern/level,same as W or M
Thanks for your answers,Piter & Bobby.

Hey Piter, do you mean that you consider a-b-c as level 3/PH/PL and from that pattern you start to count?
Yes
Author:  BobbyT [ Tue Aug 09, 2016 10:30 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Piter,

Could you maybe confirm this for the second EURUSD chart that was posted by maperdel. That chart confuses me somewhat (see my reply above)
Author:  BobbyT [ Tue Aug 09, 2016 10:33 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

BobbyT » Sat Aug 06, 2016 9:30 pm wrote:
Hi Xrismak,

In your 3rd chart, it looks like the bottom positions (
Not sure what happened with this post. It seems to be missing half of it :oops:

Anyway, I was asking about those lowest trades. How do you keep your skin on with several trades going ~200pips in the red? That's hairy business.

Cheers,
BobbyT
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