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The Captains Chest - Naked Trading & Other Stuff
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Author:  rambo06 [ Tue Sep 01, 2015 10:08 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

xrismak » Tue Sep 01, 2015 9:59 pm wrote:
rambo06 » Tue Sep 01, 2015 8:06 pm wrote:
Xrismak & Sympathy,

If you don't mind me asking, which is this pattern that you speak of?
I see an ABC + W pattern on the M15 USD/CAD over a support area. Is this simply the pattern or are you looking for something else as well?

Thanks in advance.
Hi Rambo 06,

This how I see it things from my End.
The Chart does the Analysis without me saying too much.....


Happy Trading Y'all,
xrismak. ;)
Hahaha ok great, thank you as always guys. Its much appreciated. My eyes are opening more and more each day. I will continue to learn and look over all of your charts.
Author:  xrismak [ Tue Sep 01, 2015 10:23 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

rambo06 » Tue Sep 01, 2015 10:08 pm wrote:
Hahaha ok great, thank you as always guys. Its much appreciated. My eyes are opening more and more each day. I will continue to learn and look over all of your charts.

Rambo06,

Take a Look at the M5 Chart and your Eyes Might Pop Open even Better but Normally from what I understand most folks like to Take Trades off the M15 Time Frame or Charts because there is much less Noise...Price Action Wise...
USD-CAD M5 ... Illustrated for Rambo 06 on 01-09-15.jpg


Happy Trading Y'all,

xrismak ;)
Author:  rambo06 [ Wed Sep 02, 2015 3:58 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

xrismak » Tue Sep 01, 2015 10:23 pm wrote:
rambo06 » Tue Sep 01, 2015 10:08 pm wrote:
Hahaha ok great, thank you as always guys. Its much appreciated. My eyes are opening more and more each day. I will continue to learn and look over all of your charts.

Rambo06,

Take a Look at the M5 Chart and your Eyes Might Pop Open even Better but Normally from what I understand most folks like to Take Trades off the M15 Time Frame or Charts because there is much less Noise...Price Action Wise...





Happy Trading Y'all,

xrismak ;)
Xrismak,

You are right my friend, eyes popped wide open :shock:

Although I do try and look at most timeframes when trading this strategy I have never gone as low as the 5m chart. But the pattern really presents itself on that one. hard to miss in fact hahah
Author:  fahedksa [ Wed Sep 02, 2015 4:35 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

sympathy » Tue Sep 01, 2015 4:40 pm wrote:
fahedksa » Tue Sep 01, 2015 12:36 pm wrote:Hi All,
Fistful am very grateful to all you guys here specially CJ for these great thread and help.
I am still reading all PDF and posts here but i have a question regarding EURUSD today
Today price break above Asia range more than 30 pips and form pins on top but i don't take these trade because i think we are now finish the down side and we looking to go long ,Can please anyone correct me ?
sorry for late reply bro. EU is doing his job well we are already at level 2 up. eyes open :shock: :shock: after the accumulation it extended up and trap longs then the fox moves to its path.

Thank you sympathy for your reply and help.
I want ask about level , If we have 3 down levels so we may have another up or down 3 levels after that or after 3 down levels we most have 3 up levels?
Another question:
If we in level 3 down trend and as we know its started with M (which in higher TF it's RRT) ,We will wait W developing to go in up trend .So,Is it matter if W developed in Asia session or usually its not happen there?
Author:  IanN [ Wed Sep 02, 2015 7:13 am ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

websie » Tue Sep 01, 2015 6:21 pm wrote:Ok thanks Sympathy and IanN ( er except Ian, it really looks like your level 1 is in the same place as mine :) ), good to see where the levels should be, I'll wait :) I attach the M15 showing what I thought was TV, adr low, day low which made me think it was time. thanks guys, you are all such an inspiration.
Websie, apologies for that, I mistakenly used Sympathy's chart/count. However it did lead me to a couple of questions.

In the chart below, where I have marked a W formed, do you start counting at point A or point B. I've been taking point B as the starting point (i.e. count 0) and counting from there.

Second question (and it supposes that I have counted three up waves correctly - lets assume for now that I have): Is point C the top of the first leg of an M or do we wait for foxy to get into the hen house before we start counting.

Appreciate any assistance - I am learning so much in such a short space of time.
Author:  forexgeeker [ Wed Sep 02, 2015 12:29 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

IanN » Wed Sep 02, 2015 7:13 am wrote:
websie » Tue Sep 01, 2015 6:21 pm wrote:Ok thanks Sympathy and IanN ( er except Ian, it really looks like your level 1 is in the same place as mine :) ), good to see where the levels should be, I'll wait :) I attach the M15 showing what I thought was TV, adr low, day low which made me think it was time. thanks guys, you are all such an inspiration.
Websie, apologies for that, I mistakenly used Sympathy's chart/count. However it did lead me to a couple of questions.

In the chart below, where I have marked a W formed, do you start counting at point A or point B. I've been taking point B as the starting point (i.e. count 0) and counting from there.

Second question (and it supposes that I have counted three up waves correctly - lets assume for now that I have): Is point C the top of the first leg of an M or do we wait for foxy to get into the hen house before we start counting.

Appreciate any assistance - I am learning so much in such a short space of time.
Hi Ian,

Your chart will be a lot more clear if you save it directly from Empty4..
Go to File-->Save as picture-->Active chart(as is)-->Untick the 'post pic online'-->then save.

Cheers :smile:

p.s : I'm noobies too so can't really help you with the question..Others will..
Author:  caveywoolpert [ Wed Sep 02, 2015 12:29 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

maybe i'll catch a correction on NU
Author:  fahedksa [ Wed Sep 02, 2015 12:33 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

Hi All,
Today i open trade on USDCHF 15M becuase we finished 3 up levels and we start down level , So after Asia session breakout above with 21 pips and after hours shaped M on top HOD but after i lost these trade and hit my SL.
Can you please explain to me if my entry wrong ?
Author:  caveywoolpert [ Wed Sep 02, 2015 12:41 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

fahedksa » Wed Sep 02, 2015 12:33 pm wrote:Hi All,
Today i open trade on USDCHF 15M becuase we finished 3 up levels and we start down level , So after Asia session breakout above with 21 pips and after hours shaped M on top HOD but after i lost these trade and hit my SL.
Can you please explain to me if my entry wrong ?

imho you sold from level 2 counting from W on m 15
Author:  sympathy [ Wed Sep 02, 2015 12:44 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff

xrismak » Tue Sep 01, 2015 11:23 pm wrote:
rambo06 » Tue Sep 01, 2015 10:08 pm wrote:
Hahaha ok great, thank you as always guys. Its much appreciated. My eyes are opening more and more each day. I will continue to learn and look over all of your charts.

Rambo06,

Take a Look at the M5 Chart and your Eyes Might Pop Open even Better but Normally from what I understand most folks like to Take Trades off the M15 Time Frame or Charts because there is much less Noise...Price Action Wise...





Happy Trading Y'all,

xrismak ;)
don't take levels on 5mins time frame. i don't even take on 15mins bcos they don't respect level count. hope your stoploss is wide.
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