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The Captains Chest - Naked Trading & Other Stuff
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Author:  Tomsic [ Mon Jul 27, 2015 3:29 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

An old friend?
GBPCADM15 mm pattern.png
Anybody still trading this pattern? Do you find is appears less frequently these days?
Author:  websie [ Mon Jul 27, 2015 5:14 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

I thought that GBPCAD looked like an ABC on the H4. Still learning bit by bit.
Author:  Tomsic [ Mon Jul 27, 2015 5:22 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

websie » Mon Jul 27, 2015 12:14 pm wrote:I thought that GBPCAD looked like an ABC on the H4. Still learning bit by bit.
yes, it could be..

I was just showing an intraday market maker manipulation pattern..
but it's good to keep your eyes on multiple timeframes and best when they all start to cycle together :good:
Author:  Tomsic [ Tue Jul 28, 2015 4:35 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Could be an ABC setting up on Gold h4.. there was actually a pin that tagged the "c" level 5 bars back, but it would be nice if they come back and hit it again:
XAUUSDH4 abc.png
EURAUD may have finished its weekly cycle up and could be ready for some downside..

I'm watching this level to see if a good short signal appears at the underside of this "M":
EURAUDM15.png
A bunch more on the watchlist, but it takes awhile to annotate them all.. :uff:

What are you guys/gals keeping an eye on?
Author:  websie [ Tue Jul 28, 2015 6:35 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

I've been watching EA as well, put a trade on last night with a stop, and lo and behold got stopped right at it. about to hit the adr now at 1.51099 so will wait for the retrace and go back. Also had one on CADJPY, that was making a W on H1 so put in an order at 94.751 with a stop at 94.395, only to get stopped out at 94.391 losing me a nice 60+ pips, to say I was p.....d off is putting it midly. Oh well, wait for the retrace and go on in again.
Author:  websie [ Tue Jul 28, 2015 11:08 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Here is NZDUSD H1, to me it looks as if it's about to start the 3rd push which would then drop and lead into the 3rd level. Very very slowly I think I might be getting the levels!
Author:  go4pips [ Tue Jul 28, 2015 5:17 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Hi Tomsic, nice to see you and your post , I can see you really picked up CJ's system, my self much as I understand the theory and recognize the patterns still messing up my entries and hang on to bad trades etc.
One of these days i will make it :)
E.
Author:  Tomsic [ Tue Jul 28, 2015 6:50 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Thanks, to be honest I spent some time away from this style and for some reason when I came back things started to fall in place.. in my opinion, there's a lot of info in this thread and many times the information isn't given in a clear manner (though some members are really good at sharing the information too), but there's a lot of room for misinterpretation still.

there's also a couple different methods being talked about.. Market Maker (Fox) pushes, cycles, stop hunts etc .. and then Pattern Mapping (what has happened on lower TFs, must happen on higher TFs).. so, just more additions to the confusion that can be had.

For cycle interpretation, I think doing a top down analysis (daily, 4h, 1h, 15m) helps build a picture and is a good way to see the lower cycles fitting into the higher cycles.. (don't be lazy lol just sit down in front of a daily chart and start asking.. what's been going on?.. one thing will lead to another and soon you will have cycles and peaks and pushs and M/Ws, and ABCs, RRTs painting a picture from the daily all the way down to the h1 or 15m).. it's actually quite therapeutic to sit there and start playing with the charts that way lol

That said, even though I can map out cycles and levels which give me anticipated trade areas.. the pairs don't always get there for me, which means a lot of trades dont get triggered... maybe I shouldn't be mapping out ideas in advance, but waiting for the fox to show his hand? But for me, that's tougher.. I'd rather have an idea of where he'll show his hand.

Anyway, I will continue to post some ideas as I seem them, but other active members here are also doing a great job at identifying levels and opportunities, so lots to learn from :good:
Author:  Tomsic [ Tue Jul 28, 2015 6:53 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

websie » Tue Jul 28, 2015 6:08 am wrote:Here is NZDUSD H1, to me it looks as if it's about to start the 3rd push which would then drop and lead into the 3rd level. Very very slowly I think I might be getting the levels!
Looks good.. would you be looking to play the 3rd push up, or the 3rd level down?
And for entries, would you be looking at certain price levels or certain price activity.. or both? :smile:
Author:  sympathy [ Wed Jul 29, 2015 8:28 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

morning guys. :good: :good: for those you watching EU, mr fox just concluded level one so we are still buying till we get to evel 3 but if the top holds with an M formation we sell.
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