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The Captains Chest - Naked Trading & Other Stuff
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Author:  dudest [ Tue Aug 30, 2016 3:54 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

dudest » Tue Aug 30, 2016 6:36 pm wrote:
Hi ik!

Usually both.

But mostly the one where I wait for price to retrace to 61.8 or 73.6 then enter

For counter-trend, only if some sort of topping action forms [ M, A-B-C, nice pinbar(s) ], and preferably at some nice S/R level (e.g an obvious D1 or H4 S/R)

Cheers
Example below. Playing it safe on this one
20160830 - euraud - m15 - tracking.png
.
Author:  Captain Jack [ Tue Aug 30, 2016 4:53 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

jksynergyworks » Tue Aug 30, 2016 2:54 am wrote:Hi CJ,

Could I ask you another question? Which chart TL are drawn correctly?



http://stockcharts.com/school/doku.php? ... rend_lines

-CJ-
Author:  fahedksa [ Tue Aug 30, 2016 6:40 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

dudest » Tue Aug 30, 2016 6:24 pm wrote:
I think you are right, i.e. I think it has 1 more level up to go

Adding up on longs. If it is following earlier posted GBPUSD M30 route, it will bob around abit here (possibly to form an M) then continue up

If I'm wrong, will cut the losses and try gauge what the (new) structure is

Cheers


.
Thank you Dudest for reply and am more than happy that i start understand the concept.
Author:  go4pips [ Wed Aug 31, 2016 1:11 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

EURUSDM15.png
Few pips can be picked up here , or maybe it is a turning point.
E.
Author:  TraderJoeForex [ Wed Aug 31, 2016 1:56 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff


This just really made me laugh :clap: :clap: :clap: :hi:
Author:  jksynergyworks [ Wed Aug 31, 2016 4:42 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Hi CJ,

You mentioned Entropy in your forum posts when you first posted in FXAW and/or here. Do you still use it?

JK.
Author:  sponn [ Wed Aug 31, 2016 6:54 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

I believe entropy project is unfinished/abadoned.
Author:  waza [ Wed Aug 31, 2016 9:21 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Hi Dudest, CJ

Could you tell me if i got these levels correct on GBP/NZD 1hr chart.


or if i got it wrong can you draw the levels so i have a better understanding.

thanks
Author:  fahedksa [ Wed Aug 31, 2016 12:55 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

dudest » Tue Aug 30, 2016 6:24 pm wrote:
I think you are right, i.e. I think it has 1 more level up to go

Adding up on longs. If it is following earlier posted GBPUSD M30 route, it will bob around abit here (possibly to form an M) then continue up

If I'm wrong, will cut the losses and try gauge what the (new) structure is

Cheers


.
Hi Dudest,
What your view now for EURUSD ? Price now cross FIb 73.6 .Is these signal now that we should close BUY trades ?
Author:  Mathewslade [ Wed Aug 31, 2016 3:52 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Hello, chaps.

Hopefully someone can help me out here:

Is my level count wrong, or does the gap after my first level reset the pattern meaning I should look for another level (currently two levels post gap pending a third?).

Thanks in anticipation.
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