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The Captains Chest - Naked Trading & Other Stuff
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Author:  meirk [ Sun Oct 25, 2015 2:00 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Captain Jack » Sat Oct 24, 2015 6:10 pm wrote:
Piter80 » Sat Oct 24, 2015 9:06 am wrote:Is that the right map?



All the best
Time will tell....on both posts ;)

-CJ-
Happy see you back
Are you in diffrent forums?
Author:  Wisznu [ Sun Oct 25, 2015 3:54 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Captain Jack » Sat Oct 24, 2015 3:08 pm wrote:
Wisznu » Sat Oct 24, 2015 8:36 am wrote:Hi!

I started to read thread all over again last night, and tried to think more about who is trapped right now and then mix it with the levels. I'm a little bit confused about AUD/USD right now. Fox dropped the price beneath last peak low and took stops(trapped sellers). Then we've got a quick spike with intent to force sellers to close their positions. They didn't want to take it higher, until there are still longs opened, so they dropped it again to hit BE's, trailing stops and start traping again at second shoulder. Now there are no longs, so they can push it higher(above pink area), to hit buy stops, kill shorts and take it lower to make level 3.

Am I on the track? Or there are already enough longs trapped, to drop it lower? Would be great, and I think even easier to understand if charts would be posted with that kind of description instead just a numbers.

Have a great weekend!
Quite reasonable...any time you see pins stepped up like that it's to keep traders from closing their trapped orders out flat or at profit...

-CJ-
Thank You!

Today something else caught my eye. I never really tried to map price, but this looks very similar to me.
I would appreciate if You, Piter, Dudest or anyone who is good at it, comment this map. What do You guys think?
Author:  Captain Jack [ Sun Oct 25, 2015 5:38 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
meirk » Sun Oct 25, 2015 10:00 am wrote:
Captain Jack » Sat Oct 24, 2015 6:10 pm wrote:
Piter80 » Sat Oct 24, 2015 9:06 am wrote:Is that the right map?



All the best
Time will tell....on both posts ;)

-CJ-
Happy see you back
Are you in diffrent forums?
Yes, I've just returned from the Matrix... all is well. And I update my posts in a FF thread about price prediction ever since I posted a price map there almost 4 years ago. The is a discussion ongoing at the moment.

CJ
Author:  dudest [ Sun Oct 25, 2015 5:41 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Captain Jack » Sat Oct 24, 2015 11:59 am wrote:
In all honesty, you should not be mapping price. No one seems to be successful in doing so although some have come so close at times.

Learn the levels and trade from those, that's where you will profit.

-CJ-
Hi CJ,

( If you don't mind ) Which efforts came close to being successful at it ? What were they doing right ?

( Just to gain a better understanding )

Thanks
Author:  dudest [ Sun Oct 25, 2015 5:45 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Captain Jack » Sun Oct 25, 2015 8:38 pm wrote:
Yes, I've just returned from the Matrix... all is well. And I update my posts in a FF thread about price prediction ever since I posted a price map there almost 4 years ago. The is a discussion ongoing at the moment.

CJ
http://www.forexfactory.com/showthread.php?t=359093

(for anyone looking for the FF thread)
Author:  Piter80 [ Sun Oct 25, 2015 6:00 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Wisznu » Sun Oct 25, 2015 3:54 pm wrote:
Captain Jack » Sat Oct 24, 2015 3:08 pm wrote:
Wisznu » Sat Oct 24, 2015 8:36 am wrote:Hi!

I started to read thread all over again last night, and tried to think more about who is trapped right now and then mix it with the levels. I'm a little bit confused about AUD/USD right now. Fox dropped the price beneath last peak low and took stops(trapped sellers). Then we've got a quick spike with intent to force sellers to close their positions. They didn't want to take it higher, until there are still longs opened, so they dropped it again to hit BE's, trailing stops and start traping again at second shoulder. Now there are no longs, so they can push it higher(above pink area), to hit buy stops, kill shorts and take it lower to make level 3.

Am I on the track? Or there are already enough longs trapped, to drop it lower? Would be great, and I think even easier to understand if charts would be posted with that kind of description instead just a numbers.

Have a great weekend!
Quite reasonable...any time you see pins stepped up like that it's to keep traders from closing their trapped orders out flat or at profit...

-CJ-
Thank You!

Today something else caught my eye. I never really tried to map price, but this looks very similar to me.
I would appreciate if You, Piter, Dudest or anyone who is good at it, comment this map. What do You guys think?
Could work
Author:  Jurij [ Sun Oct 25, 2015 6:13 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Hello CJ and thread followers, long time since my last post.
Glad to see so much activity here :)
dudest » Sun Oct 25, 2015 6:41 pm wrote:
Hi CJ,

( If you don't mind ) Which efforts came close to being successful at it ? What were they doing right ?

( Just to gain a better understanding )

Thanks

Yes very interested to know a bit more about price mapping.

Finding price maps is not the issue.
Where I struggled with them is when to stop following them.
Sometimes as soon as a map is spotted price stops following it.
So key is to find price maps early in the process.

How is your experience (CJ and other) about how long price follows a map?
Like CJ's EURUSD monthly map is more than 29 points.
Is price continuosly following the MM rhythm (price map) or does it stop after some time changing to a new rhythm?
Because if price is 100% continuos (ie not random at any time) then I have never found a real price map.

Also how about conflicting price maps? How do you pick one or another?
Author:  Piter80 [ Sun Oct 25, 2015 6:18 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
It's all about find RIGHT price map.
Think this one it's right one for usdjpy :smile:
Chart_USD_JPY_15 Mins_snapshot.png
But not sure
Author:  Piter80 [ Sun Oct 25, 2015 6:23 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
Jurij » Sun Oct 25, 2015 6:13 pm wrote:Hello CJ and thread followers, long time since my last post.
Glad to see so much activity here :)
dudest » Sun Oct 25, 2015 6:41 pm wrote:
Hi CJ,

( If you don't mind ) Which efforts came close to being successful at it ? What were they doing right ?

( Just to gain a better understanding )

Thanks

Yes very interested to know a bit more about price mapping.

Finding price maps is not the issue.
Where I struggled with them is when to stop following them.
Sometimes as soon as a map is spotted price stops following it.
So key is to find price maps early in the process.

How is your experience (CJ and other) about how long price follows a map?
Like CJ's EURUSD monthly map is more than 29 points.
Is price continuosly following the MM rhythm (price map) or does it stop after some time changing to a new rhythm?
Because if price is 100% continuos (ie not random at any time) then I have never found a real price map.

Also how about conflicting price maps? How do you pick one or another?
When I say "patterns repeat across all time frames", MOST people look for a small section or pattern and then try to "force" it into another time frame. Some start low and work up, some start high and work back. However....

THE ENTIRE PATTERN THAT RUNS ON THE LOWER TIME FRAME WILL BE REPEATED IN IT'S ENTIRETY ON THE HIGHER TIME FRAMES....

This is how I map price such as the EURUSD chart. Understand that price patterns are fractals. As with all fractals, the closer you look (lower time frames), the less smooth (dirtier), they become. As the time frame becomes larger, the fractals edges become smoother, presenting a less jagged or dirty image. This is why I don't advocate looking below the 15m time frame. As stated before, the patterns are "born" on the tick chart and the mature across ALL time frames... with the pattern "smoothing' as it matures. This process takes years as demonstrated with the EURUSD chart. The patterns are continuous.

Now consider this.... if this is true, and I believe I have shown it to be true, the forex market is in no way a random market based on supply and demand. Think about this...how can a tick chart pattern that takes 10-15 seconds to print become the exact same pattern on a D1 chart that takes months and years to print? Not to mention the fact that the same tick pattern has completed many times over on each of the lower time frames before the D1 pattern completes. It is how the candle patterns on the charts are created.

CJ's words
Author:  Piter80 [ Sun Oct 25, 2015 6:48 pm ]
Post subject:  The Captains Chest - Naked Trading & Other Stuff
AUDNZDH4.png
GBPCHFH4.png
AUDUSDH1l.png
All the best Guys
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