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The Captains Chest - Naked Trading & Other Stuff
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1572		 Page 87 of 1600
Author:  Mescalitofx [ Wed Mar 20, 2013 12:55 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
F0rMaT wrote:possible 'W' forming here on the cad/jpy ?
higher probability lower, that is the 1st pushdown, at least 2-3 pushes down normally
Author:  Guest [ Wed Mar 20, 2013 1:14 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
still reading through the thread.. trying to find where you guys started talking about these M and W formations.. seems now the thread is solely based on these 2 patters.. after 100 pages we finally get to the point
Author:  Captain Jack [ Wed Mar 20, 2013 2:40 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
F0rMaT wrote:still reading through the thread.. trying to find where you guys started talking about these M and W formations.. seems now the thread is solely based on these 2 patters.. after 100 pages we finally get to the point
What? It doesn't remind you of a Disney movie anymore?

CJ
Author:  Captain Jack [ Wed Mar 20, 2013 2:56 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Mescalitofx wrote:
F0rMaT wrote:possible 'W' forming here on the cad/jpy ?
higher probability lower, that is the 1st pushdown, at least 2-3 pushes down normally
I agree Gerry.... looks like an "M" after a 3 level rise. Price has returned to fill the gap, as was discussed earlier in the thread, and has basically completed a stop hunt before it's next move...

Price finished the day in consolidation so that should make it Level 3 complete with a Peak High. Level 3's tend to lead into straight away price moves after consolidation....watch for this...

I don't understand how anybody can read the previous 100+ pages and think that this thread is "only" about "W" and "M" patterns. :roll:

CJ
Author:  Captain Jack [ Wed Mar 20, 2013 3:26 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
AUDCAD on the Level 3 watch list...looking for a new peak high....

CJ
Author:  Captain Jack [ Wed Mar 20, 2013 3:38 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
Ashflash wrote:
Captain Jack wrote:
F0rMaT wrote:still reading through the thread.. trying to find where you guys started talking about these M and W formations.. seems now the thread is solely based on these 2 patters.. after 100 pages we finally get to the point
What? It doesn't remind you of a Disney movie anymore?

CJ

Hmmm... Sounds oddly similar doesn't it...? : )

Great job here CJ!
Hi Ash,

Glad to see you aboard! :D

CJ
Author:  mjws00 [ Wed Mar 20, 2013 3:45 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
I wondered how long that one and the grasshopper would survive. LOL. ;)

Green Pips. I need some beauty sleep before London cranks up.
Author:  Captain Jack [ Wed Mar 20, 2013 3:47 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
lhDT wrote:Would love to get your insights on that AU long trade. I got a M & a W :-)
Compare this pattern with the current pattern printed by CADJPY Lio.....look familiar?

CJ
Author:  Captain Jack [ Wed Mar 20, 2013 3:49 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
mjws00 wrote:I wondered how long that one and the grasshopper would survive. LOL. ;)

Green Pips. I need some beauty sleep before London cranks up.
You missed the one in Bob's thread where you were being "baited" with a question about live and demo results.... :lol:

CJ
Author:  Captain Jack [ Wed Mar 20, 2013 3:53 am ]
Post subject:  Re: The Captains Chest - Naked Trading & Other Stuff
GBPUSD has been held the past few days.....movement is seen in some of the crosses.... there was a question some pages back concerning the drop in the EURO and the lack of movement in the Pound...here's the "holding pattern"....chopping for days now....

CJ
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