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Price Forecasting with chaos


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Price Forecasting with chaos

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  #501 (permalink)
John Chen
Taipei,Taiwan
 
 
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John Chen View Post
The cave paving (blue) was expected 138.5 area would be a good buy at least for day trade

Patient pays off ,$20 away

Nxuyha Hope u did follow!!

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John Chen
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John Chen View Post
Patient pays off ,$20 away

Nxuyha Hope u did follow!!


Last predicted target takes 2 1/2 days and it is only a step away, a minor adjustment should be considered due to a new bp formation, therefore it is time to take profit and wait for a possible retracement

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  #503 (permalink)
John Chen
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John Chen View Post
Last predicted target takes 2 1/2 days and it is only a step away, a minor adjustment should be considered due to a new bp formation, therefore it is time to take profit and wait for a possible retracement

As chart shown a $8 retracement did happen, however was bounded by the EQ 1376.9--1372.5--1368.1 and the important EQ 1376.9--1371--1365.1 (the necessary stop for buyer)

As the result higher price can be expected

P.S. Roger: it isn't resonance unless 1365.1 fell through

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  #504 (permalink)
John Chen
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John Chen View Post
As chart shown a $8 retracement did happen, however was bounded by the EQ 1376.9--1372.5--1368.1 and the important EQ 1376.9--1371--1365.1 (the necessary stop for buyer)

As the result higher price can be expected

P.S. Roger: it isn't resonance unless 1365.1 fell through

Market have done exactly J-Chart forecasted

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  #505 (permalink)
John Chen
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John Chen View Post
Market have done exactly J-Chart forecasted


Gold reaches good support level, it is time to get out shorts

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  #506 (permalink)
John Chen
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whenever couple EQ project to the same price area ,it offers a good profitable opportunity

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  #507 (permalink)
John Chen
Taipei,Taiwan
 
 
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In any market, price's random movement will eventually achieve different size equilibriums within trading time period

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  #508 (permalink)
John Chen
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Conventional price movement displayed in fixed time interval makes forecast difficult

Chart shown is in price interval, it is a better to locate the balance point which is the key for target prediction

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  #509 (permalink)
John Chen
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Chart of today's current trading now is also shown in price interval, it is a better way to locate the balance point which is the key for target

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  #510 (permalink)
John Chen
Taipei,Taiwan
 
 
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A larger equilibrium is consisted of smaller equilibriums, it means predicted futures target price might take few day before surfcing

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  #511 (permalink)
John Chen
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John Chen View Post
A larger equilibrium is consisted of smaller equilibriums, it means predicted futures target price might take few day before surfcing

And we can see the boundary of equilibrium acts as better support level much more efficient than MA

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  #512 (permalink)
John Chen
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e
John Chen View Post
And we can see the boundary of equilibrium acts as better support level much more efficient than MA

Since the equilibrium is intact price oscillation is expected

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  #513 (permalink)
John Chen
Taipei,Taiwan
 
 
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Rule of thumb

Price oscillation is to achieve equilibrium

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Kerdizo
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hello,

i am a new member here... just registered because of j-chart system... and i am a "newbie" as well...

i would like to ask where can you find those charts? is it possible to integrate them with the mt4 platform (most if not all brokers provide) ?

thanks

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  #515 (permalink)
John Chen
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Kerdizo View Post
hello,

i am a new member here... just registered because of j-chart system... and i am a "newbie" as well...

i would like to ask where can you find those charts? is it possible to integrate them with the mt4 platform (most if not all brokers provide) ?

thanks

HI

J-Chart is just a tool developed through a new theory in order to search the possibility of price forecasting.

currently it is for iternal use only, in other word not available in the market

So far it has been work pretty good

see the attached EURUSD

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  #516 (permalink)
 LukeGeniol 
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John Chen View Post
HI

J-Chart is just a tool developed through a new theory in order to search the possibility of price forecasting.

currently it is for iternal use only, in other word not available in the market

So far it has been work pretty good

see the attached EURUSD

I came across this method/software al lot of years ago, I think about 6/7 years ago, I remember that there was a website with same exlample on how to use the software and to explain the method and there was also a free trial, but I don't remember why I did not try it. I did not know until today that there was a thread on futures.io (formerly BMT) about it.
Why now it's no longer on the market?

Take your Pips, go out and Live.
Luke.
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  #517 (permalink)
Kerdizo
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John Chen View Post
HI

J-Chart is just a tool developed through a new theory in order to search the possibility of price forecasting.

currently it is for iternal use only, in other word not available in the market

So far it has been work pretty good

see the attached EURUSD

thanks for your reply

is it possible for anyone to be part of this internal use? i am sure the ones who would like to be part of it would assist you with feedback

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  #518 (permalink)
John Chen
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Reason not on the market ---- It is too costly to be vendor, much easier just trade

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  #519 (permalink)
John Chen
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Since the EQ boundary lift another upside target is in sight

but for today's range it is sufficient due to daily EQ

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  #520 (permalink)
John Chen
Taipei,Taiwan
 
 
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As predicted EUR reach 11210

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  #521 (permalink)
Kerdizo
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John Chen View Post
As predicted EUR reach 11210

is it possible to publish more frequently your charts the way you used in the past?

it would be much appreciated

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  #522 (permalink)
John Chen
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Kerdizo View Post
is it possible to publish more frequently your charts the way you used in the past?

it would be much appreciated

You can brrow a book "Trading with J-Chart Price forecast is possible [Kindle Edition]" which contain quite few charts

from Amazon KDP Select book program

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  #523 (permalink)
Kerdizo
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John Chen View Post
You can brrow a book "Trading with J-Chart Price forecast is possible [Kindle Edition]" which contain quite few charts

from Amazon KDP Select book program

understand what you are saying but your charts seem very nice and its impossible to produce such charts myself thats why i am asking

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  #524 (permalink)
John Chen
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As predicted EUR reach 11210

10456---10872---11288 EQ has been completed retrace needed

11290---11252---11214, 11290---11210---11130,

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  #525 (permalink)
Kerdizo
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John Chen View Post
10456---10872---11288 EQ has been completed retrace needed

11290---11252---11214, 11290---11210---11130,


where do you think we are heading now?

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  #526 (permalink)
John Chen
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Kerdizo View Post
where do you think we are heading now?

It will be zigzaging and edging lower toward 11130-40 unless close above 11252

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  #527 (permalink)
John Chen
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John Chen View Post
It will be zigzaging and edging lower toward 11130-40 unless close above 11252

As expected, zigzaging and edging lower toward 11130-40

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John Chen
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John Chen View Post
As expected, zigzaging and edging lower toward 11130-40

analysis detail

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  #529 (permalink)
John Chen
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It feels great to see perfect equilibrium which often offer guarantee profits

fast 4G/Lot in 2 hours

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John Chen
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It feels great to see perfect equilibrium which often offer guarantee profits

fast 4G/Lot in 2 hours

afternoon trade offer one more fast trade

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John Chen
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Re-examine the contruction of internal EQ

after coombination we can realize there always will form EQ

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John Chen
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Perfect example of equilibrium used for day trade

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  #533 (permalink)
John Chen
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John Chen View Post
It will be zigzaging and edging lower toward 11130-40 unless close above 11252

As mentioned before close above 11252 market will move upward

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  #534 (permalink)
John Chen
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John Chen View Post
As mentioned before close above 11252 market will move upward

Eur after 11252 moved up and form a EQ, a retracement followed

A reverse perfect marked in yellow provided a selling oppertunity

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  #535 (permalink)
 dalebru 
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You say it went up from 11252 as you predicted? It appears to me that it went a few ticks above 11252 and then went down, exactly the opposite of your forecast. What am I missing here? Im about halfway through your book and I'm trying to grasp your concepts. Thanks.

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John Chen
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dalebru View Post
You say it went up from 11252 as you predicted? It appears to me that it went a few ticks above 11252 and then went down, exactly the opposite of your forecast. What am I missing here? Im about halfway through your book and I'm trying to grasp your concepts. Thanks.


When EUR was edging lower, Kertdizo asked where target could be, as seller, we could see 11252 must be the key BP resistance if upward movement begin, in other word it should be used as protection "buy stop" before price hit 11130.
and Since BP 11252 was lift, an upside portion of lager equilibrium would happen, then it is wise to look for buy oppertunity, of coures if you are a day trader you need to find good support level with sell protection stop as 2 charts shown.

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  #537 (permalink)
John Chen
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John Chen View Post
Eur after 11252 moved up and form a EQ, a retracement followed

A reverse perfect marked in yellow provided a selling oppertunity


Financial numbers activate the roaming process for equilibrium

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John Chen
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John Chen View Post
Financial numbers activate the roaming process for equilibrium

EUR is trying to push lower, but so far is still in lower part of EQ

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camel
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dalebru View Post
You say it went up from 11252 as you predicted? It appears to me that it went a few ticks above 11252 and then went down, exactly the opposite of your forecast. What am I missing here? Im about halfway through your book and I'm trying to grasp your concepts. Thanks.

good catch !
I thought the same so, and I went through all of his posts. he has done this before.
to me, he's just randomly buying or selling and whenever anyone asks a real question he's just either changing the topic or changing his comments.!


he forecast-ed the market for upward, and market fell down so fast ! then he changed his comment and added reverse market bla bla bla !
what a joke

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SpartanLTD
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camel View Post
good catch !
I thought the same so, and I went through all of his posts. he has done this before.
to me, he's just randomly buying or selling and whenever anyone asks a real question he's just either changing the topic or changing his comments.!


he forecast-ed the market for upward, and market fell down so fast ! then he changed his comment and added reverse market bla bla bla !
what a joke

This is a reading comprehension problem! Key words matter. John said "A CLOSE ABOVE" 1,1252...it did NOT close above the number. He said it WOULD REVERSE and go lower...and it did!

I think it is important to recognize that as scarry accurate as the JCharts are that even the "master" could error...but not in this case....better luck next time "Camel"

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  #541 (permalink)
 chr1s 
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SpartanLTD View Post
This is a reading comprehension problem! Key words matter. John said "A CLOSE ABOVE" 1,1252...it did NOT close above the number. He said it WOULD REVERSE and go lower...and it did!

I think it is important to recognize that as scarry accurate as the JCharts are that even the "master" could error...but not in this case....better luck next time "Camel"

Hi SpartanLTD, what's your association with the method or John please? Your join date is today and this is your 1st post. I'm not attacking you or anything, just would like to know as you haven't posted in introduction thread nor you have your journal.

Disclaimer: I'm not for or against this method or the creator, I find it interesting enough to read the thread from the start

Thanks
Chris

Consistency over time
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SpartanLTD
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chr1s View Post
Hi SpartanLTD, what's your association with the method or John please? Your join date is today and this is your 1st post. I'm not attacking you or anything, just would like to know as you haven't posted in introduction thread nor you have your journal.

Disclaimer: I'm not for or against this method or the creator, I find it interesting enough to read the thread from the start

Thanks
Chris

Hi Chris...Association with John? None... ATM...but 9 years ago I was a subscriber to the JCharts and studied John's theory. I had lengthy discussions with John as to the origins of how John produced his forecasts BEFORE Jacky programmed the charts which made the process less tedious for John. When John discontinued his offering of the JChart services/subscription I found it was necessary to ATTEMPT to duplicate it. The fact is ...it can not be duplicated due to several features. The random periods and the jengs which are 2 key features....however...I have learned to adapt without them....sorry John . I can and do analyze 15 currency pairs the DXY , precious metals and Oil in about 20 minutes accurately and I do give credit to John Chen, Jacky and the JChart theory as well as John Nash for his Equilibrium in Game theory for this.

I didn't know I was supposed to post in an intro sections...oh well

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 dalebru 
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SpartanLTD View Post
Hi Chris...Association with John? None... ATM...but 9 years ago I was a subscriber to the JCharts and studied John's theory. I had lengthy discussions with John as to the origins of how John produced his forecasts BEFORE Jacky programmed the charts which made the process less tedious for John. When John discontinued his offering of the JChart services/subscription I found it was necessary to ATTEMPT to duplicate it. The fact is ...it can not be duplicated due to several features. The random periods and the jengs which are 2 key features....however...I have learned to adapt without them....sorry John . I can and do analyze 15 currency pairs the DXY , precious metals and Oil in about 20 minutes accurately and I do give credit to John Chen, Jacky and the JChart theory as well as John Nash for his Equilibrium in Game theory for this.

I didn't know I was supposed to post in an intro sections...oh well

It would be great if you would come in and help explain what John is thinking. I don't agree that it is simply our "reading comprehension problem". I borrowed John's book and read it, but the many examples show seemingly arbitrary groupings to define equilibrium and various base points. Do you really see something here that is substantially different from market profile? And do you think the term" price forecasting"in the title of this thread is more than just hype?

Several of us seem to wonder what John's motivation is. If he wants to teach us, maybe you can help him. Maybe I have a comprehension problem, but thus far it just seems like a tease. I was going to walk away...

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 timefreedom 
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dalebru View Post
It would be great if you would come in and help explain what John is thinking. I don't agree that it is simply our "reading comprehension problem". I borrowed John's book and read it, but the many examples show seemingly arbitrary groupings to define equilibrium and various base points. Do you really see something here that is substantially different from market profile? And do you think the term" price forecasting"in the title of this thread is more than just hype?

Several of us seem to wonder what John's motivation is. If he wants to teach us, maybe you can help him. Maybe I have a comprehension problem, but thus far it just seems like a tease. I was going to walk away...

I have watched these posts for years and never have a clue what John is talking about. The charts are not available and the commentary seldom makes sense. It would be great if someone could help explain what John is talking about. Good luck.

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SpartanLTD
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It would be great if you would come in and help explain what John is thinking. I don't agree that it is simply our "reading comprehension problem". I borrowed John's book and read it, but the many examples show seemingly arbitrary groupings to define equilibrium and various base points. Do you really see something here that is substantially different from market profile? And do you think the term" price forecasting"in the title of this thread is more than just hype?

Several of us seem to wonder what John's motivation is. If he wants to teach us, maybe you can help him. Maybe I have a comprehension problem, but thus far it just seems like a tease. I was going to walk away...

Hi dalebru....

Quoting 
Several of us seem to wonder what John's motivation is.

This is a good question. It can't be money...so I think it is ego.... he has something that is truly unique and it is not remotely "Market Profile" and we can NOT buy it nor subscribe to it....kind of like a little kid on a big playground with a cool toy.... John must be pushing 75 years of age. If he wanted to teach...he should provide the tool, not just after the fact images (as in "See I told you so"). I appreciate his efforts none the less...I do compare my charts with his images and come to the same conclusions . Price gaps (incomplete jengs) ...or Balance Point voids (caves to pave) which were clearly shown for the month of February (strong consolidation) are critical to observe and respect in relationship to retracement targets....nothing arbitrary about that.
I am no teacher, just a doer.


Quoting 
"reading comprehension problem"

I apologize if I offended anyone, I didn't mean to, but it was directed to Camel at that moment...it doesn't hurt to re-read a post THOROUGHLY before passing judgement.

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 dalebru 
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I have watched these posts for years and never have a clue what John is talking about. The charts are not available and the commentary seldom makes sense. It would be great if someone could help explain what John is talking about. Good luck.

Hmm! I notice we are both in Indianapolis. What are the odds of that? Maybe it's something in the water.

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 LukeGeniol 
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After reading the thread and read some reviews on the web John_Charting method, I have concluded that the only difference is the software. Imho there it is always TPO, but J-Chart can analyze different timeframes of TPO on the same chart in an easy way, plots triangle, support and resistence and POC (equilibrium) line etc. Things that become complicated to do with other platforms.
Anyway it is not true that this method is detached from time, because timeframes for plot the TPOs are at the discretion of the user.
And I do not even believe that behind this method there is chaos theory or energy systems like thermodynamic.
The fact that John has withdrawn it from the market because was too expensive to keep servers for the data to be distributed to potential customers says a lot ......
Anayway I must say that it intrigues me and I'd like to try it, to snatch the possible potential.

Take your Pips, go out and Live.
Luke.
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After reading the thread and read some reviews on the web John_Charting method, I have concluded that the only difference is the software. Imho there it is always TPO, but J-Chart can analyze different timeframes of TPO on the same chart in an easy way, plots triangle, support and resistence and POC (equilibrium) line etc. Things that become complicated to do with other platforms.
Anyway it is not true that this method is detached from time, because timeframes for plot the TPOs are at the discretion of the user.
And I do not even believe that behind this method there is chaos theory or energy systems like thermodynamic.
The fact that John has withdrawn it from the market because was too expensive to keep servers for the data to be distributed to potential customers says a lot ......
Anayway I must say that it intrigues me and I'd like to try it, to snatch the possible potential.

Hello Luke...

Quoting 
I have concluded that the only difference is the software.

Would you agree that differences in software is critical??


Quoting 
Anyway it is not true that this method is detached from time

When we use a conventional chart platform our period separators (time) are fixed periods...Johns software plots variable periods and I believe that is what he means by..."Random Time" frames...his images do not reflect these periods but he should show this to be clear. These periods are located at the bottom of the chart.


Quoting 
................because was too expensive to keep servers...........

If you look up the costs for a stable/reliable server feed you will see it is NOT cheap ....from 5,000 to as much as 50,000 dollars per MONTH....

Johns' marketing skills and customer service was sorely lacking and so I doubt if he was making enough money to continue to pay for the feed and servers

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If you want me to, I will try to upload my chart, but it may not make sense. It should look familiar to John...its how he had to do his forecasts before there was Jackie.
This chart indicates that the market will sell €$ from 1,1234 (give or take some points) down to 1,1071

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I'm going to go out on the limb here and forecast the bounce from 1,1151 back up to the sell level of 1,1234...closing the price gap at the open 1,1207 and trade the Balance Point for Friday at 1,1222.

Maybe John will step in here and confirm or reject my analysis

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John Chen
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EUR is trying to push lower, but so far is still in lower part of EQ

Hi Spartant

Although fair close but I'm not 75 yet, and still kicking,
for your info I had spent 3M during past 9 years that's why finally had to throw my towel


When 11180 broke EQ expand ed then 11142 would be the target for seller, not much but sure

as chart shown

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Hi Spartant

Although fair close but I'm not 75 yet, and still kicking,
for your info I had spent 3M during past 9 years that's why finally had to throw my towel


When 11180 broke EQ expand ed then 11142 would be the target for seller, not much but sure

as chart shown

Hey John....
Hope your health is good and you will be around for a looong time.
I am attaching your chart with a couple of notations added. What are the probabilities of the cave being pave up to 1,1350s

BTW....where is ecmf....why is he no longer posting. His contributions are priceless.

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SpartanLTD
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Hello to everyone...it sure is sleepy here. Anyway ...i am posting a typical MT4 chart with a forecast for Wacky Wednesday. Anybody can do this with simple indicators.

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Hello to everyone...it sure is sleepy here. Anyway ...i am posting a typical MT4 chart with a forecast for Wacky Wednesday. Anybody can do this with simple indicators.

according to your chart it shows an upper limit of ~1.1308 correct?

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 sakisf 
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Trying to imitate the system but on fixed periods (month/weeks/days). I don't see any 'prediction' merit in it watching jchart charts (unless you know the BP in advance). Just makes target / sl setting easier sometimes for next period but can't see how you may predict successfully where it will move the next week, not even the next 4h (yeah made those charts for 1m too).

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 timefreedom 
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SpartanLTD View Post
Hello to everyone...it sure is sleepy here. Anyway ...i am posting a typical MT4 chart with a forecast for Wacky Wednesday. Anybody can do this with simple indicators.

Care to elaborate?

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Hey John....
Hope your health is good and you will be around for a looong time.
I am attaching your chart with a couple of notations added. What are the probabilities of the cave being pave up to 1,1350s

BTW....where is ecmf....why is he no longer posting. His contributions are priceless.



Price fractal (EQ) penetration and its expansion are the bases for direction and targeting

strictly speaking, the probabiblity of price up or down movement is always 50%, therefore it isn't practical to figure out the probabilities. although there are BPs can be used as support or resistance.

As chart shown if the price Fractal 11277--11232---11187 shift up instead move down, market will gain certain fuel and there will be bigger EQ can be expected based on choas theory. However; it is not 100% guarantee but fairly good chance to reach target estimated, It is always necessary to place stop for protection.

about ecmf because his account has been locked he could not make any more post.

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Care to elaborate?

^Hola timefreedom...

I presume you are asking about the "simple indicators"?

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Price fractal (EQ) penetration and its expansion are the bases for direction and targeting

strictly speaking, the probabiblity of price up or down movement is always 50%, therefore it isn't practical to figure out the probabilities. although there are BPs can be used as support or resistance.

As chart shown if the price Fractal 11277--11232---11187 shift up instead move down, market will gain certain fuel and there will be bigger EQ can be expected based on choas theory. However; it is not 100% guarantee but fairly good chance to reach target estimated, It is always necessary to place stop for protection.

about ecmf because his account has been locked he could not make any more post.

Hey John ...
Thank you for the chart image...only wish I had it last night.... My crude attempt at duplicating the concept clearly indicated the move up...but thought I would take the retracement pips first....unfortunately entry was good but the target was not met...again thanks so much for your commitment.

Maybe BigMike will unlock ecmf's acct and allow him to continue posting....he is an asset to the thread

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John Chen View Post
Price fractal (EQ) penetration and its expansion are the bases for direction and targeting

strictly speaking, the probabiblity of price up or down movement is always 50%, therefore it isn't practical to figure out the probabilities. although there are BPs can be used as support or resistance.

As chart shown if the price Fractal 11277--11232---11187 shift up instead move down, market will gain certain fuel and there will be bigger EQ can be expected based on choas theory. However; it is not 100% guarantee but fairly good chance to reach target estimated, It is always necessary to place stop for protection.

about ecmf because his account has been locked he could not make any more post.


Fractal expansion in day trade

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Fractal expansion in day trade


Follow up on price fractal application in day trade

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SpartanLTD
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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

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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

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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

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

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

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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

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Kerdizo
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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?

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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)

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 LukeGeniol 
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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.
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What paving mean in your trading jargon?

Anyway EU went up.

Hello Luke...

Jargon?....Is that Italian for "Terminology"? It is Johns term for what we would say is "Back-Filling".


Quoting 
Anyway EU went up.



My forecast was posted while you were in bed sleeping...you may have noticed the entry for that forecast was "AT MARKET" 1,1414 circa..there were 4 targets noted. The first 2 were nailed and was on the way to the 3rd target for approx. 90 pips (a fair amount for scalping). The early release of NA data created fresh chaos and gaps in pricing.

Markets move Up and Down....or as they say "What goes UP must come down and vis vis". I traded down...you traded up 2 "happy campers".

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What paving mean in your trading jargon?

Anyway EU went up.

Hi Luke

Sorry for the my rough comments about cave paving, I was not careful enough because it may mislead,

People may take for grant the cave must be filled right away in same day.

attached 2 charts will show when you day trade using EQ expansion , it is must keep in mind below check list

1) Watch the expansion step by step.
on the previous chart, BP 11382 should not be neglected, if day trade, the LOW END of EQ 11443--11382--11321
would provide support.
2) Average range must be considered if day trade, in this case early range 11420--11322 is quite enough

3) Watch reverse EQ and RESISTANCE BP penetration


Market did go up and EQ expanded upward, however the cave will be saturated when price fall through 11320 bottom of EQ

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 LukeGeniol 
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SpartanLTD View Post
Hello Luke...

Jargon?....Is that Italian for "Terminology"? It is Johns term for what we would say is "Back-Filling".



My forecast was posted while you were in bed sleeping...you may have noticed the entry for that forecast was "AT MARKET" 1,1414 circa..there were 4 targets noted. The first 2 were nailed and was on the way to the 3rd target for approx. 90 pips (a fair amount for scalping). The early release of NA data created fresh chaos and gaps in pricing.

Sorry I do not look at your chart, not interesting.


SpartanLTD View Post
Markets move Up and Down....or as they say "What goes UP must come down and vis vis". I traded down...you traded up 2 "happy campers".

This statements is the biggest foolishness that a trader can say...........

Anyway my post was directed to john....

Take your Pips, go out and Live.
Luke.
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 LukeGeniol 
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John Chen View Post
Hi Luke

Sorry for the my rough comments about cave paving, I was not careful enough because it may mislead,

People may take for grant the cave must be filled right away in same day.

attached 2 charts will show when you day trade using EQ expansion , it is must keep in mind below check list

1) Watch the expansion step by step.
on the previous chart, BP 11382 should not be neglected, if day trade, the LOW END of EQ 11443--11382--11321
would provide support.
2) Average range must be considered if day trade, in this case early range 11420--11322 is quite enough

3) Watch reverse EQ and RESISTANCE BP penetration


Market did go up and EQ expanded upward, however the cave will be saturated when price fall through 11320 bottom of EQ

To me they start to look like triangles and random lines

Take your Pips, go out and Live.
Luke.
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SpartanLTD
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LukeGeniol View Post
Sorry I do not look at your chart, not interesting.



This statements is the biggest foolishness that a trader can say...........

Anyway my post was directed to john....

Respond to the forecast...if you dare. The chart was not posted for your personal pleasure but for those interested in HOW to use MT4 platform to attempt to get results similar to Johns JCharts

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SpartanLTD
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Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

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SpartanLTD View Post
Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

Hi Spartan

Very good without J , althogh it is small range

By the way, does MT4 provide data API to users?

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SpartanLTD View Post
Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

J Chart

His prediction just came true
good job

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John Chen View Post
Hi Spartan

Very good without J , althogh it is small range

By the way, does MT4 provide data API to users?

Hello John...thanks...What is a data API

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Hello John...thanks...What is a data API

In order to intergate J on to MT4 for day trade, it needs live stream data feed vis MT4 platform.

Interactivebrokers does provide API for third part intergration.

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SpartanLTD
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Good morning to all.... here is a previously posted chart (for interested people only ) showing that events (price) can be accurately forecasted .

Friday....and Today

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 sakisf 
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John Chen View Post
In order to intergate J on to MT4 for day trade, it needs live stream data feed vis MT4 platform.

Interactivebrokers does provide API for third part intergration.

You could do it with DDE via Excel. No way to get direct mt4 feed from broker.

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John Chen View Post
....
By the way, does MT4 provide data API to users?

Not really.

But you could just bypass it: Oanda offers MT4 and "rest API" (which is a true quote API)
or write some code (a little clumsy) which transfers data to a file
and then read it from there (wouldn't produce so much time lag with today's SSD drives).

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sakisf View Post
You could do it with DDE via Excel. No way to get direct mt4 feed from broker.

I have MT4 on but don't know how to activate DDE via Excel. usually there is a function on platform panel can kick up DDE

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 sakisf 
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John Chen View Post
I have MT4 on but don't know how to activate DDE via Excel. usually there is a function on platform panel can kick up DDE


Here is how to enable it in MT4. In excel you use tags to receive info like when calling from another sheet. You could bypass excel altogether if you have an app read info directly from dde and pass it to J.

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sakisf View Post
Here is how to enable it in MT4. In excel you use tags to receive info like when calling from another sheet. You could bypass excel altogether if you have an app read info directly from dde and pass it to J.

I did enable the DDE in option but too bad I have poor knowledge about programing and have no idea how to read directly.

My intention is trying to find the easy way to intergrate J with streaming data from trading platforms for people who are interested in J Chart's application and in meantime I don't have dig my pocket in order to maintain and host servers, but too bad it seems difficult to do.

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 Big Mike 
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John Chen View Post
Hi Mike

Yes I am developer of J-Chart

John, please confirm the platform is not commercially available and that there is no product or service being offered or sold in any way related to you or J-Chart.

If the platform is not private for your use only, then it must be open source/free in every way with no pay model whatsoever. Otherwise it is a violation of our forum rules and is considered self-promotion for this thread to exist.

Mike

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Big Mike View Post
John, please confirm the platform is not commercially available and that there is no product or service being offered or sold in any way related to you or J-Chart.

If the platform is not private for your use only, then it must be open source/free in every way with no pay model whatsoever. Otherwise it is a violation of our forum rules and is considered self-promotion for this thread to exist.

Mike

bigmike how about the rest of us who use mt4 in relation to the same "theory/ies"? its unfair to kick us out...we are not selling anything and we just want to learn more about it (at least spartan is "teaching" us something....if only we could understand it though....)

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Big Mike View Post
John, please confirm the platform is not commercially available and that there is no product or service being offered or sold in any way related to you or J-Chart.

If the platform is not private for your use only, then it must be open source/free in every way with no pay model whatsoever. Otherwise it is a violation of our forum rules and is considered self-promotion for this thread to exist.

Mike

Mike...588 posts..59 pages....not one poster has solicited anything...how could a reasonable thinking person think that John is look for a buyer ...He even says you can BORROW his book on kindle from amazon....I dont know if that is a profitable venture.

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SpartanLTD
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I am not selling anything...just giving a forecast for the 19th of May...

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I am not selling anything...just giving a forecast for the 19th of May...

target 3 is there When wake up in morning

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Big Mike View Post
John, please confirm the platform is not commercially available and that there is no product or service being offered or sold in any way related to you or J-Chart.

If the platform is not private for your use only, then it must be open source/free in every way with no pay model whatsoever. Otherwise it is a violation of our forum rules and is considered self-promotion for this thread to exist.

Mike

Mike:

How much are you willing to pay for if you have chance to be part of leagcy in financial history? 10M, 100M or even much more?

Traditional technical analysis and pricing model has been stalled for a long time, price forecast has been viewed as impossible until Chaos theory surfaced.

I am real lucky enough to be the first one who makes a break through and may be well known in future financial trading.

By the way, I do like to beat K which has been around for 200 years

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John Chen View Post
Hi Luke

Sorry for the my rough comments about cave paving, I was not careful enough because it may mislead,

People may take for grant the cave must be filled right away in same day.

attached 2 charts will show when you day trade using EQ expansion , it is must keep in mind below check list

1) Watch the expansion step by step.
on the previous chart, BP 11382 should not be neglected, if day trade, the LOW END of EQ 11443--11382--11321
would provide support.
2) Average range must be considered if day trade, in this case early range 11420--11322 is quite enough

3) Watch reverse EQ and RESISTANCE BP penetration


Market did go up and EQ expanded upward, however the cave will be saturated when price fall through 11320 bottom of EQ

CAVE FILLING

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John Chen
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John Chen View Post
Mike:

How much are you willing to pay for if you have chance to be part of leagcy in financial history? 10M, 100M or even much more?

Traditional technical analysis and pricing model has been stalled for a long time, price forecast has been viewed as impossible until Chaos theory surfaced.

I am real lucky enough to be the first one who makes a break through and may be well known in future financial trading.

By the way, I do like to beat K which has been around for 200 years


The most profitable and interesting contracts I lay my eyes on, waitting for regulation to be lift which legally prohabit foreign personal fund, average 1.5 M contracts per day that is a good day trade oppertunity.

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 LukeGeniol 
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SpartanLTD View Post
Respond to the forecast...if you dare. The chart was not posted for your personal pleasure but for those interested in HOW to use MT4 platform to attempt to get results similar to Johns JCharts

Sorry I'm not a forecaster like John method is, I have a totally different way of trading and here is off topic.
Like John said I gets headache looking your charts with all those lines and i don't understand your "terminology" (the word you like) it's a little weird.


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

Maybe you are a good forecaster, but here I see some selling orders opened, i hope you have a large capital for wait that price comes back, as you told to me that it moves up and down and it sooner or later comes back...

Take your Pips, go out and Live.
Luke.
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 LukeGeniol 
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John Chen View Post
I did enable the DDE in option but too bad I have poor knowledge about programing and have no idea how to read directly.

My intention is trying to find the easy way to intergrate J with streaming data from trading platforms for people who are interested in J Chart's application and in meantime I don't have dig my pocket in order to maintain and host servers, but too bad it seems difficult to do.

Hello John, I think if you provide your platform, here are good programmers that maybe will connect it with some platforms or datafeeds to provide data..

Take your Pips, go out and Live.
Luke.
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John Chen
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John Chen View Post
CAVE FILLING

EUR fell through first cave and test the bottom of EQ

there is a possibility and danger market will keep push lower even much lower if 11216-32 hold as cap resistance


I hope no one will think the low end of the green rectangler will reach today!!

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 LukeGeniol 
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John Chen View Post
CAVE FILLING

After 3 days and after the fact all are able.....

Take your Pips, go out and Live.
Luke.
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John Chen View Post
Mike:

How much are you willing to pay for if you have chance to be part of leagcy in financial history? 10M, 100M or even much more?

Traditional technical analysis and pricing model has been stalled for a long time, price forecast has been viewed as impossible until Chaos theory surfaced.

I am real lucky enough to be the first one who makes a break through and may be well known in future financial trading.

By the way, I do like to beat K which has been around for 200 years

The only thing I want is an answer to my question.

Mike

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Big Mike View Post
The only thing I want is an answer to my question.

Mike


Answer is no

But you can remove me from your forum!

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