The Captains Chest - Naked Trading & Other Stuff

Piter80 · Post by **Piter80** » Tue Oct 27, 2015 9:43 pm

GBPNZDDailypattern.png

GBPNZDMonthly.png

Piter80 · Post by **Piter80** » Tue Oct 27, 2015 9:49 pm

AUDJPYMonthly.png

AUDJPYDaily.png

Zaleske · Post by **Zaleske** » Tue Oct 27, 2015 11:15 pm

Those look very nice Piter! Good find, worth keeping eyes on.

Post by **ZumZum** » Wed Oct 28, 2015 12:41 am

AUDUSD H4.JPG

Post by **ZumZum** » Wed Oct 28, 2015 12:45 am

AUDCHFH1.png

Post by **ZumZum** » Wed Oct 28, 2015 12:49 am

AUDJPY H4.JPG

Captain Jack · Post by **Captain Jack** » Wed Oct 28, 2015 12:58 am

ZumZum » Tue Oct 27, 2015 8:49 pm wrote:

Zoom! Zoom! Perfect! AUDJPY, AUDCHF.... like I said....

-CJ-

Captain Jack · Post by **Captain Jack** » Wed Oct 28, 2015 1:18 am

blazej » Tue Oct 27, 2015 4:22 pm wrote:CJ,

and if the same pattern is repeated on tick chart many times then is should repeat itself on m1, m5, m15, h1 and h4 before it matures to daily timeframe. But You also say that the pattern will be repeated as a whole, from the beginning till now...but how...
I have downloaded EURUSD data from past ten years and been searching for ongoing daily pattern. And I did not found exactly the same pattern. I presume that I simply did not seen it as You see them. Is that correct? Can EURUSD daily pattern be found within last ten years of data?

Cheers,

Blazej

Yes... within the lower time frames... how would you expect a D1 pattern to repeat on its own time period? Every higher time period chart is comprise of the candles in the lower time period charts as has been stated.

A man is not born a man, he born an infant and then grows to the man...

-CJ-

Captain Jack · Post by **Captain Jack** » Wed Oct 28, 2015 1:21 am

fiox » Tue Oct 27, 2015 4:04 pm wrote:CJ,

you say "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? "

I think, because price is fractal (?). But the question is: between dozens of tick chart patterns, how do you pick up the right one ?

you expect that the same pattern on tick chart is repeated many times ?

:hi:

The right one is the one you find the match to... every tick pattern is represented on the charts

-CJ-

Captain Jack · Post by **Captain Jack** » Wed Oct 28, 2015 1:23 am

PogMeme » Tue Oct 27, 2015 3:39 pm wrote:Hi all, would like some feedback on these charts:

AUD/CHF 30m (second picture, opps)
1. This looks like BARF setup to me, unless the BARF trend line requires 3 points.
2. Price begins to climb rapidly with decreasing volume.. in the first half- two thirds. Does volume need to be decreasing the entire time?
3. At the beginning of the yellow line down looks like a good place to enter short, but the yellow boxes show that the stop point ends up being taken out.
Anything I missed in this trade that was a warning signal to not take?

Next I have the same chart in the 1hr frame.
1. Similar BARF setup (because it's the same chart! =p)
2. The volume downtrend looks a bit better this way If I just connect the peaks
3. Is this a valid M pattern?
4. Is this a valid line for "bull trapping"?
5. If I were going short here, I would be short probably at the break of the valley of M.

Thoughts?

None are, you should study what the rules of a BARF formation entail.... follow them

http://stockcharts.com/school/doku.php? ... l_reversal

-CJ-