kwanann wrote:

Ingot54 wrote: Most of this was answered in CJ's posts throughout the early part of this thread.

Further, I believe Kwanann has clarified these issues nicely his thread Naked Trading 101

Ingot,

I believe you are referring to volume analysis rather than the content of what i actually posted. Even though volumes are different across LP, when the fox moves, the VOLUME that he is moving is typically enough to reflect correctly across most LP, this is because the FOX does not just takes from a single LP, it takes from MANY LP.

Volume analysis by itself may or may not be insignificant. In my 101 i mentioned it as one of the parameters when deciding. You sum all of them to come up with the final probability of whether the trade is going to be a good trade or not.

For a start i dont recommend looking at volume since it is highly subjective, you have to put it in context e.g which session did this volume come from, is this the 2nd leg of a M or W, which level or push is it, is it a BARF setup...

mjws00 wrote: Not one person could answer Kwanann's question. Nor could anyone explain the structure, order flow, or strategy actually used at each point in the process. Banteka's theory does not match CJ's. It does not address the strategy or errors the fox exploits. Mauro scratches the surface, volume analysis might help, but the MAGIC is being missed. No one explained this from the other side of the glass, and that includes myself. I took the red pill... and realized I could write a book on just how to exploit that single structure.Mike

As Morpheus said:

This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember, all I'm offering is the truth – nothing more.

Once you take the red pill, understand the truth, you will be able to trade with confidence. I know some of you know these answers, some might have even got them down pat as instinct.

Most don't, some have it as a hit and miss, Some need indicators to point the way, but that's trading the pattern without understanding the why. Sure that might work, but until when?

PA, VSA, Candlestick patterns, MA, S/R, FIB, CSS are all there for the taking, use them the wrong way and you will get bitten. Thats because you are blindly using them without ACTUALLY understanding what is happening.

I took the red pill once, and thats where the 101 thread was born. Somewhere along the line i got lost and everything turned to crap. Its been a yo-yo trip for me since i first viewed CJ's thread. Seeing, unseeing, seeing, unseeing..

So now thats the challenge i'm putting forth to myself. To answer those questions by myself before i get back into the game. I want to stay on the dark side, and not keep switching between both sides of the mirror

mjws00 wrote:

Ingot54 wrote: Most of this was answered in CJ's posts throughout the early part of this thread.

Further, I believe Kwanann has clarified these issues nicely his thread Naked Trading 101

Not one person could answer Kwanann's question. Nor could anyone explain the structure, order flow, or strategy actually used at each point in the process. Banteka's theory does not match CJ's. It does not address the strategy or errors the fox exploits. Mauro scratches the surface, volume analysis might help, but the MAGIC is being missed. No one explained this from the other side of the glass, and that includes myself. I took the red pill... and realized I could write a book on just how to exploit that single structure.

I understand some don't wish to convert their minds to a puddle of goo on the floor. We are all at different points in the journey. In fact all those questions and their answers become instinct over time. But make no mistake the predator knows each and every variation, and exactly when to execute.

Mike

• What are the actual trades that have to happen to print the M or W?
• Why does it work. Over and Over?
• Where is the best place to run this gambit?
• When is this most likely to occur?

Ingot54 wrote:

mjws00 wrote:

Ingot54 wrote: Most of this was answered in CJ's posts throughout the early part of this thread.

Further, I believe Kwanann has clarified these issues nicely his thread Naked Trading 101

Not one person could answer Kwanann's question. Nor could anyone explain the structure, order flow, or strategy actually used at each point in the process. Banteka's theory does not match CJ's. It does not address the strategy or errors the fox exploits. Mauro scratches the surface, volume analysis might help, but the MAGIC is being missed. No one explained this from the other side of the glass, and that includes myself. I took the red pill... and realized I could write a book on just how to exploit that single structure.

I understand some don't wish to convert their minds to a puddle of goo on the floor. We are all at different points in the journey. In fact all those questions and their answers become instinct over time. But make no mistake the predator knows each and every variation, and exactly when to execute.

Mike

Apologies Mike - I misunderstood the depth of your point.

I believe(d) that CJ had dealt with these issues:

• What are the actual trades that have to happen to print the M or W?
• Why does it work. Over and Over?
• Where is the best place to run this gambit?
• When is this most likely to occur?

... but not from the angle/depth we are discussing.

I believed (? wrongly) that we were attempting to re-define the approach, through introducing a new level of analysis. CJ didn't go this deep, as far as I could see. I am still getting used to simple Pins, M's, W's, levels, and "don't wish to convert their (my) mind(s) to a puddle of goo on the floor."

Because Volume is an unknown quantity (compare a few Empty4 platforms - is the volume the same with say Global Prime compared to FXCM?) I (personally) think my small brain has enough variables to compute already.

But as I said before - I am supportive of anything that moves the concept of tackling the fox further forward. There is enough reading in the thread for me at this point, without any need for me to participate further, until I feel I am ready for it.

I am about making a few pips - I don't have to make ALL the pips. As CJ said - you can make as much from 50 pips as you can from 500 ... that's my approach, and it is clear to me.

Ingot54 wrote: I am about making a few pips - I don't have to make ALL the pips. As CJ said - you can make as much from 50 pips as you can from 500 ... that's my approach, and it is clear to me.

xrismak wrote:Ingot54,

There you are, exactly, if you read the first 120 Pages of the Naked trading Thread 4 Times over and you Understand what you have Read Reasonably Well, by the fifth time which will be at least 7 yo 9 Weeks after You Began the First Read, you go over what you have Read AGAIN and you should be Trading Slightly Profitably, if by then you have not gotten a few Profitable trades behind you then I am Afraid NAKED TRADING is Not for You.
It's the SAD HARD Fact but that how Life is...

fok wrote:GBPUSD M?

Ingot54 wrote:

xrismak wrote:Ingot54,

There you are, exactly, if you read the first 120 Pages of the Naked trading Thread 4 Times over and you Understand what you have Read Reasonably Well, by the fifth time which will be at least 7 yo 9 Weeks after You Began the First Read, you go over what you have Read AGAIN and you should be Trading Slightly Profitably, if by then you have not gotten a few Profitable trades behind you then I am Afraid NAKED TRADING is Not for You.
It's the SAD HARD Fact but that how Life is...

But that is exactly my point, Xris, and no, don't be sad or afraid for my sake. I am a bit quicker on the uptake than the readings and progress you are suggesting (thankfully). I find your post less encouraging and more condescending than I normally like, but will put it down to the blurry communication we sometimes get on internet discussions.

I have already demonstrated here:

http://www.stevehopwoodforex.com/phpBB3 ... 059#p71059

that I am trading profitably, and did so according to the guidelines, when there were posters on the thread who were openly skeptical of my trade. I persisted and nailed it.

The pages following from that link, showed in detail exactly how I traded it, and I am happy about my progress and success. You may not have read my posting, thus your judgement.

I have no issues with what I know that I know. I have no self doubt, and I don't question whether "Naked Trading" is for me or not.

Don't know how you see fit to question that, from what I have posted.

My progress is probably at about the same level as yours was a couple of months ago. We are all getting there.

But I am not going to allow myself to become diverted by the distraction currently offered, by the (apparent) next level, which is the direction this thread is now going. I have not the slightest interest in volume analysis - I have been down that road on another forum. It will end, in my humble view, like the others do - inconclusive, and relying on rubbery numbers. There is enough in the original approach, for any trader to become fantastically successful, if they will only focus and master O-N-E thing. But that's for each of us to know and to decide.

For some, the game is more important than the score. Trading is a deadly serious game, and the score is everything. If you can improve your score by including volume analysis, then more power to you, and you have all the encouragement from me that I can offer.

It seems to me we have come to a fork in the road, and I am going to take my leave from further open interest. I am happy with that, and everyone else should be too. There is little else I can contribute now.

I encourage you to continue, and to develop this idea.

From my point of view, I have a couple of maxims that have served me well in life:

1) You can not chase 2 rabbits.
2) Do What You Do Do Well.

I appreciate the teaching I have freely received here, and hope I can give back at some point.
But I am staying down a grade for this semester ... with no regrets.

xrismak wrote:The Comment I Passed about Reading and Understanding the Concept coupled with the Profitable Trades was meant as a General comment for Anyone trying to get to Grips with Naked Trading, it was my fault as I had Omitted the fact that it was not meant SPECIFICALLY for You. Please excuse my Haste to get my Point Across without adding the General Prefix, I put my Hand up and Express my Profound Apologies. I hope this clears up any Misconception of my earlier on Comments.