The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Fri Oct 30, 2015 1:05 pm

What else do you want... its just normal level count

Post by **sympathy** » Fri Oct 30, 2015 1:12 pm

Silweri · Post by **Silweri** » Fri Oct 30, 2015 1:14 pm

Anyone watching gold?

Captain Jack · Post by **Captain Jack** » Fri Oct 30, 2015 1:15 pm

sympathy » Fri Oct 30, 2015 9:12 am wrote:NU

Post by **sympathy** » Fri Oct 30, 2015 1:15 pm

Post by **sympathy** » Fri Oct 30, 2015 1:17 pm

Captain Jack » Fri Oct 30, 2015 2:15 pm wrote:
sympathy » Fri Oct 30, 2015 9:12 am wrote:NU

Thanks CAPTAIN..... i dont really know about BAFF pattern but soon i will try it

PogMeme · Post by **PogMeme** » Fri Oct 30, 2015 1:19 pm

Captain Jack » Fri Oct 30, 2015 6:56 am wrote:
PogMeme » Fri Oct 30, 2015 8:48 am wrote:
sympathy » Fri Oct 30, 2015 6:19 am wrote:Taking it backup again for a drop
Is this buy level the L1?
Also, what are the dotted and straight lines on your chart?
It's no level... its a stop hunt before L3 topping...

Then its a BARF!

-CJ-

Wrong again! Thanks for the feedback CJ. Hopefully one day someone will say I'm correct and I'll know I'm on the right track.

I'm referencing this picture that I believe is the "complete" cycle. I was previously struggling to distinguish between the 'push' moves and the 'L' moves, so I'm using this as my guide of what to expect.

My logic, and from what you said earlier, is that the SH only occurs at the end between the large 2 and 3 moves (final leg, as I believe we are expecting price to drop after it is finished running high). So I am purposely labeling the current leg move as the SH move, and trying to work backwards. Is this correct? It doesn't feel right to me, but I don't know if that's just because I'm wrong or if I'm in the process of relearning..

Thanks again for the continued patience.

Post by **sympathy** » Fri Oct 30, 2015 1:27 pm

Captain Jack · Post by **Captain Jack** » Fri Oct 30, 2015 1:33 pm

sympathy » Fri Oct 30, 2015 9:27 am wrote:NJ

As with all BARF patterns, the lead in line is the decision point -

-CJ-

Post by **WhoKnows** » Fri Oct 30, 2015 1:35 pm

sympathy » Fri Oct 30, 2015 10:19 pm wrote:Taking it backup again for a drop

You really like you scalping don't you? What is the minimum target for you to consider a trade?
I would not know how high it will get before it really drops.

Seeing the resistance to the left I ran after the RRTs aand banked my 60 pips. I didn't even occur to me to go long.

And how do you keep track of all your trades Sympathy?

I was short on EURAUD on the second M leg and just saw I was negative

after being in the green 70 pips. That stuff happens too often when I try to do other work and don't have the time the attend the charts all the time. Ah well ... next trade ... GBPCHF looks interesting.