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| The Captains Chest - Naked Trading & Other Stuff https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572 |
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| Author: | sympathy [ Wed Jun 24, 2015 8:31 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
for longer term trade I use the next D1levels as tp. for 15mins trade I wait until price start retracing against me but sometimes I don't use them at all. |
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| Author: | sympathy [ Wed Jun 24, 2015 8:33 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
yeh adp I even invited some guys yesterday. |
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| Author: | sympathy [ Wed Jun 24, 2015 8:57 pm ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
i need to rest for this stuff |
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| Author: | tienhafx [ Thu Jun 25, 2015 4:31 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Sympathy, The word ""flip"" zone means the zone price run around it so many time both up and down right? and How to you know it is W or M? Because It can change so fast from W to M or reversal. And your indicator I change all to active but do not have any line was draw? Thanks for your help |
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| Author: | Occam [ Thu Jun 25, 2015 5:23 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I have a question regarding levels. Attached is the GU H1. There are 3 three fairly easily identifiable levels and then a substantial stop hunt back into the heart of level 2. PA hesitates for a few candles and then turns with the trend and makes a new lower level. Would this new level be considered Level 4 or reset Level 1? My understanding is that you reset to Level 1 only when you have a proper level created above the last level 3, but I don't think those few candles at "A" qualify as a new higher level, for that to be new level it should look substantial, quite a few candles. So the lowest level is really a level 4? Any advice much appreciated! Cheers |
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| Author: | sympathy [ Thu Jun 25, 2015 7:31 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Hi Occam from your chart level two starts from letter A. so you have two more levels down from A. hope it helps. |
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| Author: | sympathy [ Thu Jun 25, 2015 7:32 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
waiting for this |
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| Author: | szfxtrader [ Thu Jun 25, 2015 7:35 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Thank you! |
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| Author: | szfxtrader [ Thu Jun 25, 2015 7:39 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
I am also watching it too. : ) |
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| Author: | sympathy [ Thu Jun 25, 2015 7:48 am ] |
| Post subject: | The Captains Chest - Naked Trading & Other Stuff |
Here is a UJ 15mins chart. you will see a flip area [resistance] were price respect so in this chart am expecting M formation in that area. you just have to train your eyes to see this ok. practice...practice ...practice. CJ calls those areas COMMON GROUND. |
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