Price Forecasting with chaos - futures io
futures io futures trading



Price Forecasting with chaos


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one John Chen with 325 posts (330 thanks)
    2. looks_two ecmf with 157 posts (49 thanks)
    3. looks_3 SpartanLTD with 24 posts (14 thanks)
    4. looks_4 Simba with 15 posts (2 thanks)
      Best Posters
    1. looks_one TheSeeker with 6.0 thanks per post
    2. looks_two John Chen with 1.0 thanks per post
    3. looks_3 SpartanLTD with 0.6 thanks per post
    4. looks_4 ecmf with 0.3 thanks per post
    1. trending_up 88,129 views
    2. thumb_up 503 thanks given
    3. group 51 followers
    1. forum 637 posts
    2. attach_file 502 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Price Forecasting with chaos

(login for full post details)
  #301 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

ES completed an equilibrium however missing 2 ticks

Attached Thumbnails
Click image for larger version

Name:	es1212.gif
Views:	68
Size:	25.0 KB
ID:	97047  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #302 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
ES completed an equilibrium however missing 2 ticks

follow up: ES cave has been filled as expected

Attached Thumbnails
Click image for larger version

Name:	es1212.gif
Views:	81
Size:	25.2 KB
ID:	97200  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #303 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

when it happens usually market moves dramatically

Attached Thumbnails
Click image for larger version

Name:	CIF1218.GIF
Views:	53
Size:	45.0 KB
ID:	97441  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #304 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

when it happens 2396 the market should move dramatically downward

Attached Thumbnails
Click image for larger version

Name:	cif1219.gif
Views:	68
Size:	114.9 KB
ID:	97575  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #305 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

it is rare resonance effect happen twice today and the second time market moved even faster downard

Attached Thumbnails
Click image for larger version

Name:	cif1219-1.gif
Views:	63
Size:	107.7 KB
ID:	97576  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #306 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

People have been asked me why during last year I made fun of myself to post in mike's trading forum? For fortune or for fame? neither of them.

I hope below can provide the answer



It is very difficult for the average person to accept new thing which has not previously been seen or something is beyond his imagination;that is why if someone says; " there is now a method which can predict the market future price ", the vast majority of people will think the guy is talking nonsense, if he is not an idiot, then he must be a software salesman.

Since the market trading became daily economic activities, being able to forecast future price is always in humans dream, but it has never come true, and as the result, people will assume and strongly believe if someone really has such a capability, he should have become billionaires and would keep it locked up as top secret, why make it public?

The answer is so obvious, if we believe

"Dreams make mankind great"
" The biggest fortune in ones life is having a chance to pursuit and realize of his dream"

Five hundred BC ago, Pythagorean advocated earth is a sphere had broaden human's vision and Einstein's relativity theory in last century has brought about today's atomic technology.

Like Beyonce - I Was Here lyrics, these great men's footprints left on the sands of time, they let everyone know they were here before.

May be one day in the future, with the recognition of J-Charts new price logic and models, I hope I can say the same.

Reply With Quote
 
(login for full post details)
  #307 (permalink)
New York
 
Experience: Beginner
Platform: Ninjatrader
Broker: IB/AMP
Trading: ES
 
Posts: 36 since Dec 2011
Thanks: 568 given, 22 received


John Chen View Post
People have been asked me why during last year I made fun of myself to post in mike's trading forum? For fortune or for fame? neither of them.

I hope below can provide the answer......

Seems like a great method. But where can people get the software and test it out?

With best regards.

Reply With Quote
 
(login for full post details)
  #308 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


walker View Post
Seems like a great method. But where can people get the software and test it out?

With best regards.

Hi Walker

j-chart is real nothing but a new concept in price activity through the application of chaos theory.

In short, it is just a process to find the equilibrium through restruction of time frame continuously.

At present we use it internally to trade mainly in Chinese index futures, sometimes in ES and EUR
.
Our server structure and internet bandwidth are not capable for commerical useage; however you can modify MP

software or even write your own tick excel display program to achieve same purpose once you understand the basic logic.

By the way, I have completed a manscript to introduce j-chart concept in English and try to publish it through Harriman, but unfortunately they could consider the book for publication only if it is professional edited. in other word my english is not good enough to convert the concept to the public.

Rgds

John

Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #309 (permalink)
Legendary Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,570 since Aug 2009
Thanks: 5,050 given, 11,332 received


walker View Post
Seems like a great method. But where can people get the software and test it out?

With best regards.

@walker,

certain data providers offer a free trial.

good luck

|| J-Chart || Charting Markets into the Future. Index Futures, Forex, Stocks, Bonds

Reply With Quote
The following 5 users say Thank You to Silvester17 for this post:
 
(login for full post details)
  #310 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

1) Yesterday after close, we noticed a equilibrium 2403--2383--2363 was not completed and 2383 was its balance point
if market open lower the and two ends of EQ hold then lower part of EQ shall be filled first

2) market open at 2375, it is good trade to sell the market near the BP with stop buy order above it and expect the low end of EQ will be achieved.

3) market did zigzag between 2383 and 2363 untill afternoon

4) price surged through 2383, stop buy order executed, not for long new BP 2390 seen and target estimated was 2417

5) out market before 2417

Attached Thumbnails
Click image for larger version

Name:	CIF1220.GIF
Views:	52
Size:	147.6 KB
ID:	97747  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #311 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

I am helping traders to learn how to day trading Chinese index futures currently from 8:45AM--3:00PM Taiwan time

if anyone is interested please download the teamviewer 8 and contact me through skype ID J-Chart

Reply With Quote
The following 4 users say Thank You to John Chen for this post:
 
(login for full post details)
  #312 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

it reached boundary of equilibrium

Attached Thumbnails
Click image for larger version

Name:	EUR1221.GIF
Views:	68
Size:	89.6 KB
ID:	97872  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #313 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
it reached boundary of equilibrium

the equilibrium will be most likely the range for the holiday

Attached Thumbnails
Click image for larger version

Name:	EUR1224.GIF
Views:	52
Size:	107.9 KB
ID:	97991  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #314 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Although it is the X'mas the chinese index futures made a nice run

buyers get very fruitful gift for holiday

Attached Thumbnails
Click image for larger version

Name:	CIF1225.GIF
Views:	40
Size:	107.6 KB
ID:	98020  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #315 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

There is day trade oppertunity since we knew bounded range

Attached Thumbnails
Click image for larger version

Name:	EUR1228.GIF
Views:	57
Size:	120.2 KB
ID:	98136  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #316 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 735 received

John

You are a true Legend.
Your call was amazing and I took short entry at 1.3236 and 1.3235 for 2 contracts and had my target set at 1.3206 and it go hit.

What a night and thank you for your support and guidance

You are simply the best when it comes to forecasting.

Really appreciate your support and guidance.

Sharmas

Attached Thumbnails
Click image for larger version

Name:	J Chart 2 x contracts.png
Views:	75
Size:	102.9 KB
ID:	98140  
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to sharmas for this post:
 
(login for full post details)
  #317 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

A friend of mine who is a mathematicians at least I think he is, likes to tell me if a trader always day trade the trader will lose his pants eventually, all his money will go to exchanges just like what is happening in the casino. however he forget to mention there are card counters who are prohibited to enter the casino

people who find his way to foresee the shorterm target during daily session is the card counter and fortunately he wouldn't be banned by exchanges

charts shown is how chinese index futures target was predicted during today's seesion

Attached Thumbnails
Click image for larger version

Name:	CIF1228.GIF
Views:	52
Size:	107.3 KB
ID:	98160   Click image for larger version

Name:	CIF1228-1.gif
Views:	52
Size:	145.0 KB
ID:	98161  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #318 (permalink)
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,713 since Oct 2011
Thanks: 2,170 given, 1,700 received

Came across this journal while trying to understand Volume Profile using tradestation.

Hi John Chen this seems to be a very novel way of looking at PA. Great Journal. Also thnx to ecmf & Simba and other contributors. As usual thanks to Big Mike w/o him we would never get insights into sharing of idea's.

One thing I also do believe in some of the concept of Time & agree before the BB. I am always open to any idea which will give me an edge. I will always be a student of the markets....coz it can humble me anytime...so will always be a beginner. I also believe with any new concept the early adopters will always have an edge....if the strategy is sound & risk mgt in place.

John...what i understand from the thread...an english version of J-Charts is yet to be published. Is there a way to educate us more on the concepts since the the book seems to be a lil aways. How does one integrate the concepts if one wants to know more and integrate in their trades. Also curious how Simba is integrating in trading.

John...is this only good for intra-day or swings "50-75pts" and more?.... I do trade ES "Emini S&P". Would the theory be able to predict price....getting into the last day of the year...or the end of Jan '13.? if so any forecasts ?

Anyways thanks for sharing & Good Luck !!

thnx

Reply With Quote
The following user says Thank You to paps for this post:
 
(login for full post details)
  #319 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


paps View Post
Came across this journal while trying to understand Volume Profile using tradestation.

Hi John Chen this seems to be a very novel way of looking at PA. Great Journal. Also thnx to ecmf & Simba and other contributors. As usual thanks to Big Mike w/o him we would never get insights into sharing of idea's.

One thing I also do believe in some of the concept of Time & agree before the BB. I am always open to any idea which will give me an edge. I will always be a student of the markets....coz it can humble me anytime...so will always be a beginner. I also believe with any new concept the early adopters will always have an edge....if the strategy is sound & risk mgt in place.

John...what i understand from the thread...an english version of J-Charts is yet to be published. Is there a way to educate us more on the concepts since the the book seems to be a lil aways. How does one integrate the concepts if one wants to know more and integrate in their trades. Also curious how Simba is integrating in trading.

John...is this only good for intra-day or swings "50-75pts" and more?.... I do trade ES "Emini S&P". Would the theory be able to predict price....getting into the last day of the year...or the end of Jan '13.? if so any forecasts ?

Anyways thanks for sharing & Good Luck !!

thnx

J-Chart is only using price counts to plot a chart on nonfixed time frame and to find the fractal based on chaos theory which is totally nonlinar, another word no volume of trade are used therefore it is different from Volume Profile.

I have published two books in Chinese for China and Taiwan, if you are interested you can find them through publisher

իȨӮy]>JurϡDuϤj*R or ԤλĽڴ̣ -

you can do swing trade with J if you have patience to wait for it may take days to get what you want, however after 35 years trading carrer I don't have patience to engage in trades longer than a day, have you ever see card counter stay over night play black jack in casino

I always compensate that with bigger volume to get what I want

Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #320 (permalink)
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,713 since Oct 2011
Thanks: 2,170 given, 1,700 received

Nice ...but will wait for your book in english have quite a few other projects in hand so not in any hurry.

thnx & good luck !!

Reply With Quote
 
(login for full post details)
  #321 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

people who find his way to foresee the shorterm target during daily session is the card counter and fortunately he wouldn't be banned by exchanges

charts shown is rebar metal which has the largest volume over 2.4m contracts/per day

Attached Thumbnails
Click image for larger version

Name:	rb1231.gif
Views:	71
Size:	97.0 KB
ID:	98288  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #322 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
it reached boundary of equilibrium

after holiday eur is paving the cave as expected

Attached Thumbnails
Click image for larger version

Name:	EUR1221 verification.gif
Views:	57
Size:	93.5 KB
ID:	98592  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #323 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
after holiday eur is paving the cave as expected

eur most likely will zigzag in the cave for few days

Attached Thumbnails
Click image for larger version

Name:	EUR105.GIF
Views:	42
Size:	128.8 KB
ID:	98719  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #324 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Many people argue historical record or backtesting method is the best way to check out a trading system.

Well, in my opinion it is a terrible misperception. the crystal shoe of Cinderella doesn't guarantee us to find another Cinderella.

keep in mind! price activity is chaotic nature, the perfect trading module you found through backtesting must be tailor made, use them to find a beauty, you might end up with an ugly one.

Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #325 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

people who can foresee the shorterm target during daily session has a relaxing way to trade

charts shown is chinese index futures, its contract size is the 4 time ES and its daily volume currently about 1/2million contracts

we anticipate within few years it will be futures with largest trading volume

Attached Thumbnails
Click image for larger version

Name:	CIF0115.GIF
Views:	37
Size:	132.6 KB
ID:	99560  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #326 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

TX contract finish an equilibrium 7799--7756--7713 today if it broke tomorrow another EQ can be expected as shown

any price activity will subject to chaos theory as long as trades done is in a free market

Attached Thumbnails
Click image for larger version

Name:	TX0116.GIF
Views:	26
Size:	138.8 KB
ID:	99563  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #327 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Yesterday mentioned "TX contract finish an equilibrium 7799--7756--7713 today if it broke tomorrow another EQ can be expected as shown"

Today market traded as expected. price through so called chaotic process to achieve a new equilibrium

Attached Thumbnails
Click image for larger version

Name:	TX0116-1.GIF
Views:	32
Size:	63.3 KB
ID:	99682  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #328 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR market is undergoing the same chaotic process in order to achieve equilibrium

trade can be place in between BP as shown

Attached Thumbnails
Click image for larger version

Name:	EUR116.GIF
Views:	50
Size:	138.9 KB
ID:	99690  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #329 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

chart shows London gold wait for right moment and/or excause to jump

Attached Thumbnails
Click image for larger version

Name:	XAU123.GIF
Views:	33
Size:	139.8 KB
ID:	100262  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #330 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

It is an exciting day to be able to locate the entry, exit and also reverse

Attached Thumbnails
Click image for larger version

Name:	CIFG3.GIF
Views:	42
Size:	144.9 KB
ID:	100369  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #331 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

USDJPY is the hot topic now

let's see what is going to happen

Attached Thumbnails
Click image for larger version

Name:	USDJPY125.gif
Views:	47
Size:	136.2 KB
ID:	100482  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #332 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Restruction of Spot gold Chart (150 days )

BP and end of equilibrium can be useful as support or resistance

Attached Thumbnails
Click image for larger version

Name:	XAU125.GIF
Views:	34
Size:	55.7 KB
ID:	100527  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #333 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

A perfect EQ is constructing

let's see what is going to happen

Attached Thumbnails
Click image for larger version

Name:	USDJPY129.gif
Views:	40
Size:	137.5 KB
ID:	100891  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #334 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

perfect EQ is broken

9180 TARGET is on the horizon

Attached Thumbnails
Click image for larger version

Name:	USDJPY130.gif
Views:	47
Size:	123.3 KB
ID:	100970  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #335 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

John Chen;297086]perfect EQ is broken

9180 TARGET is on the horizon


Target 9180 reached as expected

Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #336 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

A big EQ from 8/23 was broken it implies higher target is reasonable

Attached Thumbnails
Click image for larger version

Name:	cover1.gif
Views:	36
Size:	17.4 KB
ID:	101454  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #337 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

[ATTACH]Attachment 101548[/ATTACH]]A big EQ from 8/23 was broken it implies higher target is reasonable

Big equilibrium are consisted of small equilibriums

Short term sell can be fruitful in an up trend

Attached Thumbnails
Click image for larger version

Name:	EUR0204-1.gif
Views:	32
Size:	21.9 KB
ID:	101547   Click image for larger version

Name:	EUR0204.GIF
Views:	27
Size:	33.9 KB
ID:	101550  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #338 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

It paused after achieving the equilibrium

Attached Thumbnails
Click image for larger version

Name:	usdjpy206.jpg
Views:	28
Size:	131.7 KB
ID:	101792  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #339 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

A cave like the Black hole it offers an strong suction once market broke the OPENNING EQ plus the EQ from previous day

Profit is almost guaranteed

Attached Thumbnails
Click image for larger version

Name:	CIF207.JPG
Views:	31
Size:	313.8 KB
ID:	101898  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #340 (permalink)
Hong Kong
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ES, Asian Equity futures
 
Posts: 32 since Jul 2011
Thanks: 7 given, 9 received

Hi Mr. Chen,
Do you mean the yellow dotted box?
What is Jchart suggesting market will be heading?
I am still trying to understand more.
thanks
jack

Reply With Quote
 
(login for full post details)
  #341 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

The first sell was initated when 2785--81--2777 (openning EQ)and 2776 low of PREVIOUS EQ broken

for future market activity It will be trapped in the cave first, however if the other EQ in yellow dotted penetrated it will be sucked to the lower hole

Attached Thumbnails
Click image for larger version

Name:	CIF207-1.JPG
Views:	35
Size:	335.4 KB
ID:	101899  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #342 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

for future market activity It will be trapped in the cave first, however if the other EQ in yellow dotted penetrated it will be sucked to the lower hole

As expected market trapped and bounded by two EQ yellow and green

Attached Thumbnails
Click image for larger version

Name:	CIF207-2.JPG
Views:	39
Size:	122.8 KB
ID:	101903  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #343 (permalink)
Hong Kong
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ES, Asian Equity futures
 
Posts: 32 since Jul 2011
Thanks: 7 given, 9 received

Hi Mr. Chen
Which EQ are you referring to that if it breaks it will get sucked lower?
Thanks
Jack

Reply With Quote
The following user says Thank You to typer77 for this post:
 
(login for full post details)
  #344 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Unlike conventional indicators, equilibrium is good way to use as support or resistance

Attached Thumbnails
Click image for larger version

Name:	CIF208.JPG
Views:	45
Size:	135.0 KB
ID:	102058  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #345 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
It paused after achieving the equilibrium

USDJPY did retreat and tried to pave the cave,

It is the necessary process before resume its upward move

Attached Thumbnails
Click image for larger version

Name:	usdjpy208.jpg
Views:	45
Size:	172.0 KB
ID:	102252   Click image for larger version

Name:	usdjpy206.jpg
Views:	39
Size:	203.9 KB
ID:	102253  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #346 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold couldn't break1696.5, consolidating within an equilibrium

Attached Thumbnails
Click image for larger version

Name:	XAU212.JPG
Views:	21
Size:	305.5 KB
ID:	102483  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #347 (permalink)
Singapore
 
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

Hello all,

The English translated book from the original is finally done.

Interested traders can take a look here: Trading with J-Chart Price forecast is possible: John Chen, Eddie CMF: Amazon.com: Kindle Store

Best wishes to all followers of this thread.

-ecmf

Reply With Quote
The following 2 users say Thank You to ecmf for this post:
 
(login for full post details)
  #348 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold couldn't break1696.5, consolidating within an equilibrium

after reconstruction gold it is very interesting to see how fractal works

Attached Thumbnails
Click image for larger version

Name:	XAU214.JPG
Views:	33
Size:	136.5 KB
ID:	102745  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #349 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

shown in above chart EQ 1696.5--1661.5-- 1625.6 and 1796--1711--1626 penetrated therefore market plunged

However 1796--1696.5---1597 holds so far

Attached Thumbnails
Click image for larger version

Name:	XAU215.JPG
Views:	36
Size:	98.8 KB
ID:	102894  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #350 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Exchange in fact is a casino operated by government

trader being able to foresee imminent future price is the "card counter"

Attached Thumbnails
Click image for larger version

Name:	CIF219.JPG
Views:	38
Size:	163.9 KB
ID:	103186  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #351 (permalink)
Hong Kong
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ES, Asian Equity futures
 
Posts: 32 since Jul 2011
Thanks: 7 given, 9 received


John Chen View Post
Exchange in fact is a casino operated by government

trader being able to foresee imminent future price is the "card counter"

Well said!

Reply With Quote
The following user says Thank You to typer77 for this post:
 
(login for full post details)
  #352 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

gold should sell when EQ 1796--1696.5---1597 broke

it drops like a rock

Reply With Quote
 
(login for full post details)
  #353 (permalink)
Michigan, Jackson
 
Experience: Intermediate
Platform: NT and TS
Broker: NT Continuum
Trading: ES, CL
 
Posts: 857 since Jul 2009
Thanks: 389 given, 551 received


John Chen View Post
gold should sell when EQ 1796--1696.5---1597 broke

it drops like a rock

John,

新年快乐! Our family lived in Taipei and Kaohsiung for 17 years. We left Taiwan in 2008 and returned to the U.S. I worked for Studio Classroom for 9 of those years.

What district do you live in?

COTtrader

Reply With Quote
 
(login for full post details)
  #354 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Index futures retreated and two EQ with same image point met the requirement of resonance

Attached Thumbnails
Click image for larger version

Name:	CIF219.JPG
Views:	27
Size:	166.0 KB
ID:	103333   Click image for larger version

Name:	CIF220.JPG
Views:	37
Size:	195.2 KB
ID:	103334  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #355 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


COTtrader View Post
John,

新年快乐! Our family lived in Taipei and Kaohsiung for 17 years. We left Taiwan in 2008 and returned to the U.S. I worked for Studio Classroom for 9 of those years.

What district do you live in?

COTtrader

HI

I am living in Taipei

Reply With Quote
 
(login for full post details)
  #356 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

compare these three charts up to now 1603 holds

Attached Thumbnails
Click image for larger version

Name:	XAU214.JPG
Views:	29
Size:	136.5 KB
ID:	104141   Click image for larger version

Name:	XAU227-1.JPG
Views:	22
Size:	192.4 KB
ID:	104143   Click image for larger version

Name:	XAU227.JPG
Views:	34
Size:	150.4 KB
ID:	104144  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #357 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Previous chart shown if 1603 broke the second target would be around 1594

It did

Attached Thumbnails
Click image for larger version

Name:	XAU227-2.JPG
Views:	29
Size:	125.1 KB
ID:	104206  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #358 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

1603 brcame day trade resistance and target surface as expected

patience is the virtue which most guys lack of including myself

Attached Thumbnails
Click image for larger version

Name:	XAU228.GIF
Views:	32
Size:	23.5 KB
ID:	104307   Click image for larger version

Name:	XAU228-1.GIF
Views:	17
Size:	14.5 KB
ID:	104312  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #359 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Attached is Chinese index futures morning trade

1) Bought above BP 2675 after open out before 2683 the tip of EQ

2) Sold when 2671 taken out , stop buy was above 2670

3) Bought back at 2657 low as 2656.8

Attached Thumbnails
Click image for larger version

Name:	CIF301.JPG
Views:	32
Size:	157.1 KB
ID:	104400  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #360 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

once EQ 2647--2636--2625 crack

sell opportunity surface
a huge downward move is rewarding

Attached Thumbnails
Click image for larger version

Name:	CIF304.JPG
Views:	40
Size:	127.7 KB
ID:	104622  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #361 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR has to hold the bottom of EQ in order to move up

Attached Thumbnails
Click image for larger version

Name:	EUR0305.JPG
Views:	36
Size:	160.1 KB
ID:	104838  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #362 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR has to hold the bottom of EQ in order to move up

EUR moved to 13074 near the predicted target 13076

and continue its EQ saturation attempt

Attached Thumbnails
Click image for larger version

Name:	EUR0305-1.jpg
Views:	36
Size:	101.1 KB
ID:	104915  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #363 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Student always ask how to find equilibrium in a chaotic market attached two charts shows how

Attached Thumbnails
Click image for larger version

Name:	rb307-1.gif
Views:	50
Size:	15.8 KB
ID:	105040   Click image for larger version

Name:	rb307.gif
Views:	50
Size:	31.3 KB
ID:	105041  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #364 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

The EQ was broken it implies gate is opened for more downward move

Attached Thumbnails
Click image for larger version

Name:	EUR0308.JPG
Views:	33
Size:	196.1 KB
ID:	105236  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #365 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

During cave paving the lower BP appeared

Attached Thumbnails
Click image for larger version

Name:	EUR0312.JPG
Views:	30
Size:	122.2 KB
ID:	105598  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #366 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

After 2 days paving the cave of equilibrium EUR is almost ready to make the move

second chart is the follow up on day trade

13133--13028--12923

Attached Thumbnails
Click image for larger version

Name:	EUR0313.JPG
Views:	42
Size:	140.9 KB
ID:	105728   Click image for larger version

Name:	EUR0313-1.jpg
Views:	47
Size:	361.0 KB
ID:	105733  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #367 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR gap down and zigzaging in dotted area

Attached Thumbnails
Click image for larger version

Name:	EUR0318.JPG
Views:	30
Size:	228.2 KB
ID:	106118  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #368 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

On 3/8 EUR broke the EQ 13160--13062--12964

We were given a signal that price would go lower because a lower BP 13000 formed and the 12840 should be the target

After couple days cave paving process price finally reaches 12843 low today so far

Attached Thumbnails
Click image for larger version

Name:	EUR0312.JPG
Views:	31
Size:	125.3 KB
ID:	106275   Click image for larger version

Name:	EUR0319.JPG
Views:	37
Size:	204.1 KB
ID:	106276  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #369 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

SINCE EQ 13160--13000--12840 held and there are cave to be paved

sold 6E 12971 and 12977 out by 12950 revese BUY out by 12975

Attached Thumbnails
Click image for larger version

Name:	EUR0320.JPG
Views:	40
Size:	197.8 KB
ID:	106329  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #370 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

When Resonance happens market trend usually reverses its direction

Attached is a good example of Taiwan index futures

Attached Thumbnails
Click image for larger version

Name:	TX321 Resonance.gif
Views:	30
Size:	81.1 KB
ID:	106439  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #371 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR complete the 13160--13000--12940EQ also left an area between 12948 and 13056 unfilled

A external Cyprus news help trigger the upward paving movement

Attached Thumbnails
Click image for larger version

Name:	EUR0325.JPG
Views:	31
Size:	170.9 KB
ID:	106695  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #372 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

It is a typical example of BUY THE RUMOR , SELL THE FACT

Attached Thumbnails
Click image for larger version

Name:	XAU325.JPG
Views:	32
Size:	149.3 KB
ID:	106703  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #373 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

When price breaks EQ and significant high and/or BP it is a good and for sure winning trade


USDJPY was consolidating below 9444 once it breaks, buying is a nice option

The profit target can also be predicted as EQ 9352---9418---9484

Attached Thumbnails
Click image for larger version

Name:	USDJPY326.jpg
Views:	39
Size:	348.3 KB
ID:	106940  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #374 (permalink)
Copenhagen, Denmark
 
Experience: Advanced
Platform: Fib Fib and Fib.!
Trading: Setup
 
Posts: 300 since May 2011
Thanks: 55 given, 161 received

Don't you use fib.?

Here some fib line. all set before hit.

https://www.tradingview.com/x/MVIaglzf/

Reply With Quote
 
(login for full post details)
  #375 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

jta3;315166 Don't you use fib.?

Yes I use it for day trade target comfirmation only, as chart show there is Fib no. on lower right corner

In 1980th I did use fib's extention to predict target but it wasn't good enough in day trade

In day trade I like to look for the possible target in next 15-45 minutes

Reply With Quote
 
(login for full post details)
  #376 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR has formed the boundary of A EQ

13064--12898--12750,
12753--12798--12843 Rebound EQ offer day trade selling oppertunity

Attached Thumbnails
Click image for larger version

Name:	EUR0328.JPG
Views:	28
Size:	192.7 KB
ID:	107085  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #377 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Since 3/26 EUR has been traded in lower part of EQ 13046--12898--12750,

In upcoming week, the breach of 12750 could lead EUR to test previous low of last NOV

Attached Thumbnails
Click image for larger version

Name:	EUR0329.JPG
Views:	23
Size:	313.6 KB
ID:	107219  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #378 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Since 3/26 EUR has been traded in lower part of EQ 13046--12898--12750,

In upcoming week, the breach of 12750 could lead EUR to test previous low of last NOV

And if 12620 falls through there are caves need to be filled in a longer term

Attached is the J-Chart of EUR for 500 days and is considered only usueful for fund long term trading

Attached Thumbnails
Click image for larger version

Name:	EUR0401.JPG
Views:	39
Size:	269.4 KB
ID:	107220  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #379 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

EUR 12749 so far held rebound expected also EQ is formed

Attached Thumbnails
Click image for larger version

Name:	EUR0402.JPG
Views:	39
Size:	383.2 KB
ID:	107358  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #380 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
EUR 12749 so far held rebound expected also EQ is formed

For day trade sold 12864 can get out at BP 12812 or move trailing stop

Reply With Quote
 
(login for full post details)
  #381 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

It was a clear winning trade

Attached Thumbnails
Click image for larger version

Name:	XAU403.JPG
Views:	50
Size:	341.3 KB
ID:	107423  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #382 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Glod has hit the bottom of EQ
Cave paving is expected unless bottom of EQ fall through

Attached Thumbnails
Click image for larger version

Name:	XAU405.JPG
Views:	35
Size:	193.6 KB
ID:	107793  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #383 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
Glod has hit the bottom of EQ
Cave paving is expected unless bottom of EQ fall through

It has been a reasonable and good profitable trade to be buyer and EQ target 1573.5 has been reached

Attached Thumbnails
Click image for larger version

Name:	XAU405-1.JPG
Views:	32
Size:	98.5 KB
ID:	107789  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #384 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

A perfect EQ can guarantee profit

Attached Thumbnails
Click image for larger version

Name:	XAUUSD412.jpg
Views:	35
Size:	179.7 KB
ID:	108644  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #385 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
A perfect EQ can guarantee profit

When the bottom of EQ shown on 4/5 fall 1432 looks like will be the target

Attached Thumbnails
Click image for larger version

Name:	XAUUSD412-1.jpg
Views:	51
Size:	86.4 KB
ID:	108571   Click image for larger version

Name:	XAU405.JPG
Views:	43
Size:	193.6 KB
ID:	108573  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #386 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
When the bottom of EQ shown on 4/5 fall 1432 looks like will be the target


Gold only took less than a day to reach the target

Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #387 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
When the bottom of EQ shown on 4/5 fall 1432 looks like will be the target

rebound can't go over EQ boundary it is a profitable quick sell

Attached Thumbnails
Click image for larger version

Name:	XAUUSD415.gif
Views:	41
Size:	102.2 KB
ID:	108749  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #388 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Instead the MA the boundary of EQ always acts better and efficent as the support or resistance

as we can see the above cash gold example

Attached Thumbnails
Click image for larger version

Name:	IF415.JPG
Views:	30
Size:	101.5 KB
ID:	108750  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #389 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold plunged to its target low of the day


A nice $30 rebound after reached target bottom of the EQ


It's in God hand!

Attached Thumbnails
Click image for larger version

Name:	XAUUSD415-1.gif
Views:	39
Size:	19.0 KB
ID:	108763  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #390 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Anyone who is interested in how the invisible hand of market works can borrow the book from amazon.com for free

Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #391 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold completed its EQ 1495.5---1408----1320.5

a consolidation is expected

Attached Thumbnails
Click image for larger version

Name:	XAUUSD416.jpg
Views:	37
Size:	101.9 KB
ID:	108933  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #392 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold Rebound and hit the wall of EQ's boundary

1321.5---1363---1404.5

1348-----1376---1404

possible resonance

Attached Thumbnails
Click image for larger version

Name:	XAUUSD416-1.jpg
Views:	36
Size:	313.2 KB
ID:	108962  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #393 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

1321.5---1363---1404.5

1348-----1376---1404

Resonance works well

means it is good sell around the top area of EQ

Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #394 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

1321.5---1363---1404.5

1348-----1376---1404



once the PREVIOUS EQ breached, Gold moved up and achieved another EQ

In fact it hits resistance since both two EQ point to same boundary, seller has upper hand

Attached Thumbnails
Click image for larger version

Name:	XAUUSD422.jpg
Views:	36
Size:	164.5 KB
ID:	109690  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #395 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

After the EQ breached, Gold moved up and achieved another EQ

It is a very strong resistance and not easy to get through

Attached Thumbnails
Click image for larger version

Name:	XAUUSD422.jpg
Views:	34
Size:	164.3 KB
ID:	110368   Click image for larger version

Name:	XAUUSD426.jpg
Views:	37
Size:	123.8 KB
ID:	110370  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #396 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

AS quoted on 4/26 :It is a very strong resistance and not easy to get through

after struggle for 5 days

It deopped almost 40 dollars

Attached Thumbnails
Click image for larger version

Name:	XAUUSD501.jpg
Views:	29
Size:	214.8 KB
ID:	110856  
Reply With Quote
The following 2 users say Thank You to John Chen for this post:
 
(login for full post details)
  #397 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold reach EQ boundary then reverse break down side EQ

It is a good day trade sell

Attached Thumbnails
Click image for larger version

Name:	XAUUSD503.jpg
Views:	36
Size:	120.6 KB
ID:	111105  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #398 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Gold reach EQ boundary then reverse break down side EQ

It is a good day trade sell

REASONABLE EXIT

Attached Thumbnails
Click image for larger version

Name:	XAUUSD503-1.jpg
Views:	42
Size:	200.5 KB
ID:	111107  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #399 (permalink)
Michigan, Jackson
 
Experience: Intermediate
Platform: NT and TS
Broker: NT Continuum
Trading: ES, CL
 
Posts: 857 since Jul 2009
Thanks: 389 given, 551 received

Interesting spectacle using the isosceles triangle ...

Although different from J-Charts, it does show interesting confluence and it is a 240 min TIME CHART

Ken COTtrader

Reply With Quote
 
(login for full post details)
  #400 (permalink)
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


COTtrader View Post
Interesting spectacle using the isosceles triangle ...

Although different from J-Charts, it does show interesting confluence and it is a 240 min TIME CHART

Ken COTtrader

Well done! This shows you are a advance trader for sure

However during last 30 years trading carrer I have seen a lot of big firms went backrupt over night, therefore I only prefer day trading which allows me sleeping peacefully at night

long term analysis is a frame wok for day trade reference only

Also attached chart is a example of the application of FIB in J-Chart

Reply With Quote


futures io Trading Community Trading Journals > Price Forecasting with chaos


Last Updated on January 1, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Are you doing what it takes to trade right? w/FuturesTrader71

Jan 21
 

Journal Challenge!

February
 

Battlestations!

March
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts