NexusFi: Find Your Edge


Home Menu

 





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 (54 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 thanks per post
    2. looks_two John Chen with 1 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 129,729 views
    2. thumb_up 508 thanks given
    3. group 52 followers
    1. forum 641 posts
    2. attach_file 503 attachments




 
Search this Thread

Price Forecasting with chaos

  #561 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


John Chen View Post
Fractal expansion in day trade


Follow up on price fractal application in day trade

Attached Thumbnails
Click image for larger version

Name:	EURUSD0514-1.gif
Views:	256
Size:	129.7 KB
ID:	182661  
Reply With Quote
The following user says Thank You to John Chen for this post:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Request for MACD with option to use different MAs for fa …
NinjaTrader
ZombieSqueeze
Platforms and Indicators
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
51 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
GFIs1 1 DAX trade per day journal
31 thanks
What percentage per day is possible? [Poll]
31 thanks

  #562 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14

Hello John and those members that thanked me for the simple indicators....I am attaching a D1 chart using the indicators I mentioned with a lot of text....this is only mho ...BTW todays EQ indicates (ATM) saturation and a possible retracement down to the weeks open price

Reply With Quote
The following user says Thank You to SpartanLTD for this post:
  #563 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331



SpartanLTD View Post
Hello John and those members that thanked me for the simple indicators....I am attaching a D1 chart using the indicators I mentioned with a lot of text....this is only mho ...BTW todays EQ indicates (ATM) saturation and a possible retracement down to the weeks open price

Hi Spartan

To be frankly, I get headache whenever looking k charts with all kind indictors, therefore I can't real understand your chart at all.

I have been trading futures maket since 1975, at that time there were not FX trading at all, only grain and precious metals.

"paitent is virtue" never works for me, I almost never stay in the market over night after took a big beating in gold market. And since then I have been working on price fractal to find most efficient way to scalp.

I myself is not using J-Chart's long term forecast method to trade, to me it is real for academic study and verification purpose through time. Small price fractal in big volume market provides good enough profit in day trade.

Attached is what has been GOING ON if it reaches the target it will provide 4G/lot profit

Attached Thumbnails
Click image for larger version

Name:	IF0515.GIF
Views:	218
Size:	147.0 KB
ID:	182692  
Reply With Quote
  #564 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


John Chen View Post
Hi Spartan

To be frankly, I get headache whenever looking k charts with all kind indictors, therefore I can't real understand your chart at all.

I have been trading futures maket since 1975, at that time there were not FX trading at all, only grain and precious metals.

"paitent is virtue" never works for me, I almost never stay in the market over night after took a big beating in gold market. And since then I have been working on price fractal to find most efficient way to scalp.

I myself is not using J-Chart's long term forecast method to trade, to me it is real for academic study and verification purpose through time. Small price fractal in big volume market provides good enough profit in day trade.

Attached is what has been GOING ON if it reaches the target it will provide 4G/lot profit



It just did reach target!

By the way since you understand the concept indeed you sure can looking at the K chart and draw the fractal triangle without any indictors as good as one of my student does in China who day trade soy beans and gets profit almost every day, although his commission usually is 1/3 of his gain

As the result, he quited his univerity math professor job and become full time day trader

Attached Thumbnails
Click image for larger version

Name:	IF0515-1.GIF
Views:	219
Size:	144.4 KB
ID:	182693  
Reply With Quote
The following user says Thank You to John Chen for this post:
  #565 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14

Can a forecast for the future be made using simple indicators...and Johns methodology??

Reply With Quote
  #566 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14

A couple of interesting things I forgot to point out on the forecast, 1) a price gap and 2) a balance point void...

Reply With Quote
  #567 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


SpartanLTD View Post
A couple of interesting things I forgot to point out on the forecast, 1) a price gap and 2) a balance point void...

It is in process of paving

Attached Thumbnails
Click image for larger version

Name:	EURUSD0515.GIF
Views:	186
Size:	135.7 KB
ID:	182715  
Reply With Quote
  #568 (permalink)
Kerdizo
Greece
 
Posts: 8 since Nov 2014
Thanks Given: 3
Thanks Received: 1


John Chen View Post
It just did reach target!

By the way since you understand the concept indeed you sure can looking at the K chart and draw the fractal triangle without any indictors as good as one of my student does in China who day trade soy beans and gets profit almost every day, although his commission usually is 1/3 of his gain

As the result, he quited his univerity math professor job and become full time day trader

chen i understand you are proud of your method however your book is not that straight forward and i dont have "next to me" in order to get "assistance" as your students from what i understand (dont take it offensive)

i am sure you know and understand most of us the "simple people" have access to mt4s ... is it possible to provide us assistance in order to be able to implement your method?

also i though jcharts is not an intraday... you changed your "logic"?



SpartanLTD View Post
Hello John and those members that thanked me for the simple indicators....I am attaching a D1 chart using the indicators I mentioned with a lot of text....this is only mho ...BTW todays EQ indicates (ATM) saturation and a possible retracement down to the weeks open price

spartan i guess you are using mt4 with DMAs ( which are they? one is 100 for sure)

how can you "forecast" whether the PA is going high or low?

from what i understand you know how jcharts "work" and have modified it to work using a mt4 terminal...correct?

Reply With Quote
The following user says Thank You to Kerdizo for this post:
  #569 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14


Kerdizo View Post
chen i understand you are proud of your method however your book is not that straight forward and i dont have "next to me" in order to get "assistance" as your students from what i understand (dont take it offensive)

i am sure you know and understand most of us the "simple people" have access to mt4s ... is it possible to provide us assistance in order to be able to implement your method?

also i though jcharts is not an intraday... you changed your "logic"?




spartan i guess you are using mt4 with DMAs ( which are they? one is 100 for sure)

how can you "forecast" whether the PA is going high or low?

from what i understand you know how jcharts "work" and have modified it to work using a mt4 terminal...correct?

Hello K...good to see you posting in the forum. I dont want to be accused of "Highjacking " this thread....only trying to share an alternative way to achieve similar results to JCharts since no one other than John can have access to them.

As you know I am not an academic or a guru like John... lol. There is no "Silver Bullet" to kill the beast, but if there were it would be JCharts. As good as they are...it is still subject to interpretation (the shooter/marksman) and so is my system of drawing the chart.

The indicators and tools I use are basic to the MT4 terminal..
Candles...I prefer candles over bars.
10 DSMA is used to establish balance points.
100 DSMA I use it for measured moves and determining the direction of the PA on the 5 min chart (retracement for market entry point)
Fibo Retracement tool for establishing the Equilibriums full range. Settings are 0, 50, 100, 1,61, 200.
I use the period separators on all time frames W1(Looooong Term forecasts) 1 to 6 years, D1 for 1 to 3 months, 4h for 1 to 3 weeks, 1h for 2 to 5 days and the 5 min for 4 to 8 hours. I use cycle lines on the 5 min charts in 1 hour increments and forecast EQs over 4 hour periods.....and I hate typing.

This is all done manually and takes very little time...unlike the JCharts which does all the work for John. I do NOT have the advantage of the variable time frames or the Jeng price fractals but have learned to compensate through studying the details of the markets idiocraZy.... such as this chart shows...
I hope I answered your question(s)

Reply With Quote
The following 2 users say Thank You to SpartanLTD for this post:
  #570 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985



John Chen View Post
It is in process of paving

What paving mean in your trading jargon?

Anyway EU went up.

Take your Pips, go out and Live.
Luke.
Reply With Quote





Last Updated on July 4, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts