The Captains Chest - Naked Trading & Other Stuff

[fundi]

Listen guys, Tomele is a meticulous coder and he knows what he is saying...
We only show our winning trades as if we never loose...
there is no strategy that cannot be coded, if we present the complete picture of those winning trades, I believe Tomele can code it and it will be beneficial to all of us retail traders......
We should stop deceiving ourselves, the big boys(The big 8 banks that control the Forex world) do not do naked trading, they have profs and phd holders from Harvard that are paid six figures to code for them algorithms worth billions of dollars that they use to trade....
The foxes work together to fleece the retail traders and when they(big boys) get into trouble(this happens very often) they bail each other out,but we the retail traders are always at each other's throat, a house that is divided can never stand talk-more of winning.......
CJ's or Sympathy's or whosoever method is cod-able.... :youknow: :youknow:
Show the big picture of your winning trades....... :hi:

Wordd!!

I'm with you, Tomele and Rene TOTALLY ROCK! >> Latest work: fxtestify.com

tomele.png

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[fundi]

Short EU for the next while

The post above is how I'm trading the EU for the next while ( the ol' EU pattern )

More from CJ ( and what EU Monthly has already done )

2018-04-04_23-43-38 - EURUSD MN - Map - 7 to 21.jpg

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[fundi]

Listen guys, Tomele is a meticulous coder and he knows what he is saying...
We only show our winning trades as if we never loose...
there is no strategy that cannot be coded, if we present the complete picture of those winning trades, I believe Tomele can code it and it will be beneficial to all of us retail traders......
...

@tomele, @renexxx

I have one >> Ms and Ws [ on a paid basis if you are interested ]

Once complete, we can also add it to the Test Database
MMs use them to both reverse and continue price ( among other tools )
I've had a discussion with @baluda regarding this as well, but he's a bit tied up at the moment
[ engagement on payment basis ]

Brief: build an indi/EA that recognizes the M, W, and ABC shape
They don't need to be at peaks. They appear on all TFs. I personally trade them from M15 - D1

Examples:

abc v1.png

w2.png

w1.png

m4.png

m3.png

m2.png

m1.png

The Market Maker Daily Cycle works off these as well.
First 2 hours of London, after a flat Asia, look for M's/Ws on M15, and trade according to those

cable clean2 - line chart (bingo!).png

Interested?

[fundi]

Why an EA?

Coz I'm not always around to take advantage of the vast opportunity, and this one is more automatable than say pushes

I'm not cherry picking. Open any chart and switch to line chart ( or put on a 1-period simple moving average on close price ). CJ taught Ms and Ws from the very beginning

20180429_gbpaud_h4_Ms_Ws_example.png

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[fundi]

Alright, moving on swiftly...

[fundi]

Have just gone long a bunch of GBPs. Let's see if they have any legs

[fundi]

I was watching this one too fundi A/J Short. I like it! I was thinking level one off of the M at the top.

Taking it's sweet time to go down

Finally...

20180430_audjpy_h4_L3_shorts.png

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[fundi]

Have just gone long a bunch of GBPs. Let's see if they have any legs

20180430_gbpnzd_h1_w_long.png

20180430_gbpjpy_h1_abc+w_long.png

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[BobbyT]

Why an EA?

Coz I'm not always around to take advantage of the vast opportunity, and this one is more automatable than say pushes

I'm not cherry picking. Open any chart and switch to line chart ( or put on a 1-period simple moving average on close price ). CJ taught Ms and Ws from the very beginning


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A quick input from me Fundi.

Bulkowski has a pattern recognition software on his website. I think it's still available. It come with two major drawbacks though.
1) it was written for stocks (not that it should really matter)
2) because of 1, it's not written in mql4 (c maybe if I remember correctly, but maybe someone could reverse engineering it)

That is all.

Cheers,
BobbyT

[fxrob]

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Nice entries. I caught chunks of the GBP slide to the short side on Friday. I'm still watching for an entry to the upside. Maybe the Asian session will provide it.