The Captains Chest - Naked Trading & Other Stuff

dudest · Post by **dudest** » Fri Jan 16, 2015 11:47 pm

"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffet

Have this one on my trade list for next week

Cheers

20150117_chfjpy_h1_rising_wedge.png

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Captain Jack · Post by **Captain Jack** » Sat Jan 17, 2015 12:51 am

dudest » Fri Jan 16, 2015 7:11 pm wrote:From the GP thread: a very interesting observation made by smeden and niepce

smeden » Sat Jan 17, 2015 1:19 am wrote:yeah sound like alot of losers in this move. BUt dukascopy did send out and email about this last year and set down the margin on EURCHF to 1:10. Damm why did I not put 2 and 2 together. lol

niepce » Sat Jan 17, 2015 1:46 am wrote:There has been two leverages warning/capping last year (at least from ICMarkets communication I receivd)

- USDRUB leverage limited to 1:20 or something, just before the RUB crash
- EURCHF leverage limited, in december, and we know the story now.

So, what should we do next time a leverage capping occurs ?
Spot the support and straddle

dudest » Sat Jan 17, 2015 2:09 am wrote:
You may be on to something niepce, more than you imagine

From CJ's EURCHF charts, the pattern that was the pre-cursor to Thursday's super fall was formed on.... wait for it....11th December 2014.

It was no coincidence.

So the next time a leverage capping occurs, this is what we'll do

a) zoom in to the time-frame where there is a major occurrence (e.g sharp drop or sharp rise),
b) note the pattern down, and then
c) WAIT for it to mature on the higher time-frames ( H1, H4 ) and place our positions before the major occurrence

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Truth be told, the pattern on the 5M chart was there before December, way before December as the pattern on the H4 began back in May. For the pattern to begin in May on the H4, the 5M pattern was already printing.

Like a song on a player piano, you can change the octaves of the notes, where the song starts or start multiple instances of the song at various beginnings, but in the end, the song remains the same. Its the same for chart patterns.

-CJ-

Captain Jack · Post by **Captain Jack** » Sat Jan 17, 2015 12:53 am

I believe all of your questions have already been answered previously Ash.

Hundreds if not thousands of hours looking at charts as well as screenshots breeds familiarity.

-CJ-

Piter80 · Post by **Piter80** » Sat Jan 17, 2015 6:00 am

CJ one more time Thank You for Your post with EURCHF.
Hope my broker will survive that,what is coming.

God Bless You and Your Family

Post by **Dagu** » Sat Jan 17, 2015 1:19 pm

dudest » Fri Jan 16, 2015 11:47 pm wrote:"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffet

Have this one on my trade list for next week

Cheers

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Perfect pattern dude
Gratz
I will find something else monday morning
Good weekend

rivelrivella · Post by **rivelrivella** » Sat Jan 17, 2015 3:19 pm

Direwolf » Sun Dec 14, 2014 8:16 am wrote:This I believe
https://docs.google.com/file/d/0Bz8Fi4I ... 5pa0U/edit

Each time I was trying to download this document, I have the message

BARF Your Way To Profits - by Captain Jack @ FXAW Forum.pdf (44M) exceeds the maximum size that Google can scan. Would you still like to download this file?

Even after downloading it, I am seeing a lot of blank pages.
It seems that google platform cannot handle a high volume size files. So is there someone here who kindly share this file via mediafire.com or any equivalent platform

Thanks

society · Post by **society** » Sat Jan 17, 2015 3:24 pm

did you try using chrome? it worked for me

Jurij · Post by **Jurij** » Sat Jan 17, 2015 4:15 pm

rivelrivella » Sat Jan 17, 2015 4:19 pm wrote:
Each time I was trying to download this document, I have the message

BARF Your Way To Profits - by Captain Jack @ FXAW Forum.pdf (44M) exceeds the maximum size that Google can scan. Would you still like to download this file?

Even after downloading it, I am seeing a lot of blank pages.
It seems that google platform cannot handle a high volume size files. So is there someone here who kindly share this file via mediafire.com or any equivalent platform

Thanks

try this: https://mega.co.nz/#!l9Iy2arK!RDfjhwqPW ... Ls9blnPEls

rivelrivella · Post by **rivelrivella** » Sat Jan 17, 2015 5:29 pm

try this: https://mega.co.nz/#!l9Iy2arK!RDfjhwqPW ... Ls9blnPEls

It works. Excellent. Thank you too much Jurij.

dudest · Post by **dudest** » Sun Jan 18, 2015 10:22 am

NZDCAD H4: looking out for a-b-c

20150118_usdzar_h1_abc_source_pattern.png

20150118_nzdcad_h4_watching_for_abc_pattern.png

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