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The Captains Chest - Naked Trading & Other Stuff
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Author:  rambo06 [ Fri Mar 30, 2018 1:42 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
rewand » Wed Mar 28, 2018 8:16 am wrote:One thing about the ak. I got suckered on that one many times and the reason is always the same, preference of a certain price level over pa. So I would say that pa (daily mm routine) should support ak and not the other way around. Also, one has to be flexible with the points. Another thing I realized recently is that one should learn how ak looks on HTFs.
Anyway, I am not so good at ak, so take my aks with a pinch of salt. Sympathy said something interesting in the thread. "If I told you the meaning of that pattern, you would laugh", but he never elaborated what he meant. May someone have figured it and can share. For sure, it is a sequence that happens over and over but to actually recognize it or parts of it... For sure I do not usually laugh when I see it and admit that my best trades do not come from this pattern.
Rewand,

I was fortunate enough to share some pm's with sympathy while he was still around. With regard to the "If I told you the meaning of that pattern, you would laugh" comment he made, he was kind enough to elaborate on what he meant. He said the chart or the A-K pattern was just the three levels or 3 pushes depending on which timeframe. attached is a chart showing the 3 levels. He sent me a similar one.
Author:  Wavegarrick [ Fri Mar 30, 2018 2:08 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
If anyone would like any further explanation on the charts please don't hesitate to ask as I have always appreciated others who are willing to the same.
Rambo, can you please explain the charts so we all can learn. :hi:

Cheers
Leon
Author:  rewand [ Fri Mar 30, 2018 2:38 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
I like to look at patterns this way.
Author:  rambo06 [ Fri Mar 30, 2018 2:41 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Absolutely Leon, No Problem.
Here is what I saw on USDJPY, as well as, what I "see" as a possibility in the future. I normally like to make an attempt at what my lie ahead in the future. This isn't a strict view it's more so a learning tool because if I am wrong then my mind has just learned a new trick.
Author:  Wavegarrick [ Fri Mar 30, 2018 2:43 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Excellent, thanks Bud :good:
Absolutely Leon, No Problem.
Will study in detail
Author:  rewand [ Fri Mar 30, 2018 2:52 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
UC with some further explanation at micro level.
Lets see if this one plays out.
Author:  rambo06 [ Fri Mar 30, 2018 3:00 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
rewand » Fri Mar 30, 2018 2:52 pm wrote:UC with some further explanation at micro level.
Lets see if this one plays out.
Rewand,
I'm hoping for it also lol. I liked the three pushes up there, hopefully we get and M or a pin soon..
Author:  rewand [ Fri Mar 30, 2018 3:03 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
rambo06 » Fri Mar 30, 2018 3:00 pm wrote:
Rewand,
I'm hoping for it also lol. I liked the three pushes up there, hopefully we get and M or a pin soon..
Quite naughty pair for sure. You sell, I sell, we may be able to spank it down.
Author:  rambo06 [ Fri Mar 30, 2018 3:10 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
rewand » Fri Mar 30, 2018 3:03 pm wrote: Quite naughty pair for sure. You sell, I sell, we may be able to spank it down.
Naughty pair indeed. Cheers to that. :D
Author:  Wavegarrick [ Fri Mar 30, 2018 4:15 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Anyway Guys,

It has been a great week with excellent comments from all sides and most importantly educational.

Thanks for all your input.

Have a great weekend..

Cheers
Leon
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