The Captains Chest - Naked Trading & Other Stuff

[forex23]

Well I miss my aud/usd entry at .7715 by 5 pips.

[Captain Jack]

I can't tell you how great it is to see the members here posting so many nice trades. Yes, this is how it's done and yes, it's that easy. Stay focused, be patient and take what's given to you. You can always enter a trade again, in the same cycle and there is ALWAYS another trade being set up. It takes them time to complete their cycles and this time allows you to locate the cycle and join them when they move price.

Those who move price can do so at any time they wish. They can turn it on a dime, and even go against a known cycle, only to turn it again and return to the intended path. This is what causes the higher variance in the lower time frame patterns. They do this to cover their tracks, they do it to take advantage of current situations and they do it to sell a lie and trap people into the wrong trades. They can shake you out of a good position into a bad one and leave you stranded. I would suggest that once you have trades well into profit, that you protect those trades and profit from these short term tactics. Lock your profit or protect the trade by moving your SL so that it a sudden spike appears, it doesn't turn a winning trade into a loser. Your goal is to make profit on every trade. In today's crazy world, you never know when a rumor or event will pop up and when it does, the Fox will be there to take advantage of it. Don't let his advantage be your trade profit.

-CJ-

[ncoyte]

Hello ncoyte

Nice to see that we have the same trades ( GC, UJ)

Can I ask You about opinion about AUD/USD and EUR/AUD ?
Thanks
cheers

Here is my opinion

[Captain Jack]

When a member here posts a price map that they have created, I would suggest that EVERYBODY screen cap it and follow it. It takes time for these patterns to form and most people see a map and just move on. When you do this, you are walking away from untold sums of money. Don't believe me? Just go back into the thread and check out the maps that were posted, including the ones on the SP500.. I would suggest you search for Juri and Dudest posts as a few to check but there are others.

Those who skip to the end of this thread are missing so much they might as well not even follow the thread.

Here's an example of a proper H4 price map created from a H1 price pattern that was found almost 4years prior to the current H4 chart date: AUDUSD as post by Juri given to all for nothing and yet ignored by all...

-CJ-

EDIT: disregard the the H1 pattern as being 4 yrs prior, I was also looking at an SP500 pattern and it was based on one that was found 4 years prior to the map it was created from. The H1 and H4 patterns run closer together.

[Captain Jack]

And if anybody wishes to fact check these patterns, they are CONTINUOUS.... that is why all you need is one map to provide you with whatever you need in life.

Any doubts, just follow the H1 and H4 patterns from the marked areas of my posted charts. I won't take the time to post them for you, I know where they go.

-CJ-

[Lowphat]

others price map also
http://www.marketwatch.com/story/scary- ... 2014-02-11

[Noucha]

EURAUD update
I expect price to complete the first run up in today European session and then start retracing. I look to close trades at the drawn area and if not reached close them before NY open and be happy with the profits.

[mtl]

CJ :hi:

I will add something back to my map

[mtl]

We see what they do :

[Captain Jack]

We see what they do :

I would not put money on that map... this pair goes higher but not now on the H4....it goes lower 1st....

-CJ-