Price Forecasting with chaos - futures io
futures io



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 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 91,516 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)
  #601 (permalink)
SpartanLTD
Quito, Ecuador
 
 
Posts: 24 since May 2015
Thanks: 14 given, 14 received


John Chen View Post
Answer is no

But you can remove me from your forum!

GEEZ John ...don't get offended, and don't give him any ideas....I know you and you have no monetary desires here..you dont need money...you simply are filled with satisfaction of knowing you are right. Some people cant handle that.

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


SpartanLTD View Post
GEEZ John ...don't get offended, and don't give him any ideas....I know you and you have no monetary desires here..you dont need money...you simply are filled with satisfaction of knowing you are right. Some people cant handle that.

This is last chart I will post

Good luck to all of you!

Attached Thumbnails
Click image for larger version

Name:	EURUSD0519-3.gif
Views:	180
Size:	150.2 KB
ID:	182988  
Reply With Quote
 
(login for full post details)
  #603 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,046 since Jun 2009
Thanks: 857 given, 7,918 received

I know John doesn't get any customers here since his charts are too odd to follow and there is no red light green light indicator to attract anyone. But I also know it's matter of time before he will be gone.

Reply With Quote
 
(login for full post details)
  #604 (permalink)
SpartanLTD
Quito, Ecuador
 
 
Posts: 24 since May 2015
Thanks: 14 given, 14 received


cory View Post
I know John doesn't get any customers here since his charts are too odd to follow and there is no red light green light indicator to attract anyone. But I also know it's matter of time before he will be gone.

LOL....John was not looking for customers. John was simply SHARING his irrefutable methodology in this thread. BM unjustifiably suggests/accuses John of solicitations and demands a pleading of innocents or guilt...lol. John is insulted (and rightly so) for challenging his credibility....I know I would be. Now it is about "saving face"...a cultural difference something the "westerners" don't understand. I read this thread from the being and see there is a lot of jealous losers that just cant come to grips with the truth and do NOT like winners such as John and ecmf both tolerant, patient and most of all POLITE.

IF John really leaves this thread and the thread is deleted....we all get to join the losers (except me, I do know and understand)

I don't know how Buddha or Confucius would say it but Christ would say..."Cast not your pearls before the swine"....
John, Sir Isaac Newton and Leonardo da Vinci were scorned as well...but they never quit....don't let the naysayers rattle your cage.

Frankly...I believe apologies are in order...who is the bigger MAN?

Reply With Quote
 
(login for full post details)
  #605 (permalink)
 LukeGeniol 
Italy (IT)
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 984 received


John Chen View Post
This is last chart I will post

Good luck to all of you!

John you seem a kind person, don't take it personally....
I'm a curious man with a thirst to learn, but I'm also skeptical if I do not touch with hand. I would like to try your platform and I think other people too, and maybe grab your method...
As I said before if you want other people using your platform provide it and i think in some way we find a way to feed it.

Take your Pips, go out and Live.
Luke.
Reply With Quote
The following 2 users say Thank You to LukeGeniol for this post:
 
(login for full post details)
  #606 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,092 since Jun 2009
Thanks: 32,551 given, 98,577 received


SpartanLTD View Post
BM unjustifiably suggests/accuses John of solicitations and demands a pleading of innocents or guilt...lol.

You seem to be reading a different thread entirely, or are trying to create drama.

I ask the same question of anyone suspected of being a vendor, you can see prior evidence of this hundreds of times over the last 6 years of the forum. Now who is the one jumping to conclusions? It's a simple question, are you selling anything, any product, any service? Is the platform free? Is it commercially available?

John replied, but didn't answer any question. All I was looking for was a simple answer.

He then replied a second time and gave me the simple answer I was looking for. Apparently he subsequently quit the forum? It's his decision. I was fine with his answer of "no" and consider everything fine at that point.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #607 (permalink)
 harry737 
london, UK
 
Experience: Intermediate
Platform: NT
Broker: NT
Trading: Stocks, Bonds
 
Posts: 142 since Sep 2013
Thanks: 183 given, 62 received

Ok, have read quiet a bit and post 32, shows only how to use the system or the strategy.
Understand that there is 5 strokes/ tick TPO s to create the symbol(it's independent of time because only the symbol is relevant ), then the market is chaos until a balance point is created or equilibrium, then the market moves out of balance or away from this area again into chaos and then forms another trading area, when it finds/ equilibrium. You are saying from this, break down from equilibrium into chaos it's marked move, measured, for us to appreciate what you are saying and to validate this theory we would need to understand this measurement .
The angle of the triangle from the apex of equilibrium to width of chaos, anything that we can look to perceive.
Other than this not sure what you are doing, but I wish you well

Reply With Quote
 
(login for full post details)
  #608 (permalink)
 sakisf 
Athens, Greece
 
Experience: Beginner
Platform: TTWeb
Broker: Amp/TT
Trading: E-mini ES, NQ, RTY, Currencies
 
Posts: 28 since Nov 2013
Thanks: 6 given, 22 received


harry737 View Post
Ok, have read quiet a bit and post 32, shows only how to use the system or the strategy.
Understand that there is 5 strokes/ tick TPO s to create the symbol(it's independent of time because only the symbol is relevant ), then the market is chaos until a balance point is created or equilibrium, then the market moves out of balance or away from this area again into chaos and then forms another trading area, when it finds/ equilibrium. You are saying from this, break down from equilibrium into chaos it's marked move, measured, for us to appreciate what you are saying and to validate this theory we would need to understand this measurement .
The angle of the triangle from the apex of equilibrium to width of chaos, anything that we can look to perceive.
Other than this not sure what you are doing, but I wish you well

It's a market profile method, with custom - composite - periods whereby in each period of range a new poc is formed and then in order for chaos to be reverted to equilibrium it goes back to cover virgin poc's from previous periods or if it creates imbalance (ie leaving uncovered areas behind) it first goes to close them then goes back to previous targets. Kinda like the image attached, only John also uses smaller intraday periods like 4h/1h down to 5m profiles and combines them in his software, which is not easily replicated in mt4 at least.

Attached Thumbnails
Click image for larger version

Name:	0M6wvaW.png
Views:	170
Size:	60.8 KB
ID:	183012   Click image for larger version

Name:	fHgdQfF.png
Views:	131
Size:	19.3 KB
ID:	183013  
Reply With Quote
The following user says Thank You to sakisf for this post:
 
(login for full post details)
  #609 (permalink)
SpartanLTD
Quito, Ecuador
 
 
Posts: 24 since May 2015
Thanks: 14 given, 14 received


sakisf View Post
It's a market profile method, with custom - composite - periods whereby in each period of range a new poc is formed and then in order for chaos to be reverted to equilibrium it goes back to cover virgin poc's from previous periods or if it creates imbalance (ie leaving uncovered areas behind) it first goes to close them then goes back to previous targets. Kinda like the image attached, only John also uses smaller intraday periods like 4h/1h down to 5m profiles and combines them in his software, which is not easily replicated in mt4 at least.

nonsense and with that having been said...I'm out of here...good luck.

Reply With Quote
 
(login for full post details)
  #610 (permalink)
 sakisf 
Athens, Greece
 
Experience: Beginner
Platform: TTWeb
Broker: Amp/TT
Trading: E-mini ES, NQ, RTY, Currencies
 
Posts: 28 since Nov 2013
Thanks: 6 given, 22 received


SpartanLTD View Post
nonsence

Well then, since you appear to know the magic behind his system you could perhaps explain it to us without the nonsense so we may find a way to replicate it in mt4/other platforms.

Reply With Quote
The following user says Thank You to sakisf for this post:
 
(login for full post details)
  #611 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
 
Posts: 2,893 since Apr 2012
Thanks: 1,683 given, 3,667 received


sakisf View Post
It's a market profile method, with custom - composite - periods whereby in each period of range a new poc is formed and then in order for chaos to be reverted to equilibrium it goes back to cover virgin poc's from previous periods or if it creates imbalance (ie leaving uncovered areas behind) it first goes to close them then goes back to previous targets. Kinda like the image attached, only John also uses smaller intraday periods like 4h/1h down to 5m profiles and combines them in his software, which is not easily replicated in mt4 at least.

It's the circle of life for triangles, something I understand quite intimately.



I'm trying to figure out a way to do this without creating custom composites, but more so with already existing daily composites or smaller. I think if you took out the whole custom aspect you might have something really special here that everyone could use.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
The following user says Thank You to Itchymoku for this post:
 
(login for full post details)
  #612 (permalink)
 chr1s 
London, England
 
Experience: Beginner
Platform: NT, TOS, MT4
Broker: TOS, CQG (NT), FXCM
Trading: ES, 6E
 
chr1s's Avatar
 
Posts: 442 since Sep 2014
Thanks: 1,713 given, 670 received

this is a weird thread

Consistency over time
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #613 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 736 received

Why do you say that Chris

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #614 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
 
Posts: 2,893 since Apr 2012
Thanks: 1,683 given, 3,667 received

weird threads are the best threads, if this was just a normal system I probably wouldn't have lasted subscribed for so long.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
The following user says Thank You to Itchymoku for this post:
 
(login for full post details)
  #615 (permalink)
 chr1s 
London, England
 
Experience: Beginner
Platform: NT, TOS, MT4
Broker: TOS, CQG (NT), FXCM
Trading: ES, 6E
 
chr1s's Avatar
 
Posts: 442 since Sep 2014
Thanks: 1,713 given, 670 received


sharmas View Post
Why do you say that Chris

I've read the whole thread about a miracle system with no explanation even after reading the infamous post #32 where user ecmf claimed you can predict 100% the price randomly posting useless charts - yes I said it, they are useless as any constructive question is dismissed, ignored or vaguely mentioned or answered usually by "it's not market profile" or "it's not time based". Then suddenly the millionaire owner inventor shows up (who is over 70) and who has nothing else to do but to check up on his students just to take over the entire thread and posting every day (even multiple times) - thread starter mutes (is blocked what I heard).

"Trading for fun", or "nothing to prove", "I'm here to help" is what I keep hearing but here is a constructive question by Oysteryx:


and so obvious non informative, vague answer (to so many questions):

Quoting 
Look for the size of perfect equilibrium which suit you such as the lost you are willing to take



Recently some people have noticed something not right:


and you have a sudden another disciple registering on the same day he sent a defensive reply to it(the only thread he is interested in the whole of futures.io (formerly BMT)):


Then when people are teased without any constructive information and would like some real info or confirmation it's not a sales pitch or vendor ad we are told it's the westerners thing to doubt and it's a cultural difference not even by John who just takes offence and said thank you good bye.

Here's the book you can borrow for ~200$
Trading with J-Chart Price forecast is possible - Kindle edition by John Chen, Eddie Chee. Professional & Technical Kindle eBooks @ Amazon.com.

The website (yeah does not work):
https://www.j-chart.at/


Important note
Don't get me wrong, I'm not profitable and had huge hopes with this thread when I found it, but I now tend to read it because it's just weird and entertaining. I tend to believe in action, reaction and balance (equilibrium - whatever you want to call it) and thermodynamics use in financial markets and again so wish anything in this thread was more useful. What I tend to think is if it was a 100% prediction it would be more popular and we would have more experienced people more interested in it like BM, Tiger etc.

Disclaimer: it's my opinion, my perception, no offence or disrespect intended if so I apologise, I'm not attacking anybody I may be just too backwards to understand it - as I said I'm unprofitable and wish there was something useful here.

You yourself @sharmas have been reading this thread for a while, may I know how has it changed your trading?

all the best
Chris

Consistency over time
Visit my futures io Trade Journal Reply With Quote
The following 5 users say Thank You to chr1s for this post:
 
(login for full post details)
  #616 (permalink)
 sakisf 
Athens, Greece
 
Experience: Beginner
Platform: TTWeb
Broker: Amp/TT
Trading: E-mini ES, NQ, RTY, Currencies
 
Posts: 28 since Nov 2013
Thanks: 6 given, 22 received

I had the same (raised by reading some blogs and the words of a friend) hope that this system would be something special. After seeing the euro charts of John and having done some analysis with excel and market profile I came to the conclusion that it's just market profile read in a different way (most of the numbers in his charts were already on mine with mp analysis). Found no real value in predicting where price would go, just random calls "My prediction is that EU would hit 1.20 and 1.00 but it is not important when because the system doesn't take time into consideration" and then post back with edits when the target is finally hit. Maybe it can point some resist & support areas in a clearer way, but you can do that with other tools too.

Unfortunately without proper explanation of the system by its creator it doesn't look like a system at all. And if the creator was indeed interested into sharing (that's the reason you post a system on a forum isn't it? the other is to promote snake oil), he wouldn't ask people to go buy his $200 book but he could give out some helpful information.

Reply With Quote
The following 4 users say Thank You to sakisf for this post:
 
(login for full post details)
  #617 (permalink)
 timefreedom 
Indianapolis, IN USA
 
Experience: Advanced
Platform: Ninjatrader TOS Custom
Broker: Several
Trading: ES CL ZB
 
Posts: 374 since Dec 2009
Thanks: 225 given, 380 received


sakisf View Post
I had the same (raised by reading some blogs and the words of a friend) hope that this system would be something special. After seeing the euro charts of John and having done some analysis with excel and market profile I came to the conclusion that it's just market profile read in a different way (most of the numbers in his charts were already on mine with mp analysis). Found no real value in predicting where price would go, just random calls "My prediction is that EU would hit 1.20 and 1.00 but it is not important when because the system doesn't take time into consideration" and then post back with edits when the target is finally hit. Maybe it can point some resist & support areas in a clearer way, but you can do that with other tools too.

Unfortunately without proper explanation of the system by its creator it doesn't look like a system at all. And if the creator was indeed interested into sharing (that's the reason you post a system on a forum isn't it? the other is to promote snake oil), he wouldn't ask people to go buy his $200 book but he could give out some helpful information.

No dog in this fight... but @John Chen posted a version of his book right here in this forum. If you read this thread, there is not a single, solitary solicitation from Mr. Chen - anywhere. At no time was he trying to "sell" anyone on anything other than his unique discovery about how price can be forecast. Ironically, in his book he even posts unabridged trading statements from an Interactive Brokers account. Please... I know that doesn't prove anything. However, I've seen tons of requests for people who spout off about "how to trade" to show a trading statement. I can tell you flat out that the majority of those folks never show anything other than ego and immaturity. When they are prompted by @Big Mike to play by the rules, they pout their way into obscurity. Don't worry though, the ego is strong and false prophets are attracted to naive followers like bees to honey.

Bottom line, why pick on Mr. Chen? If you don't like his approach, you can always use something else that works better for you. I agree that most of the posts are not easy to follow - but then again, if I was typing this in something other than my native language, no one here would understand any of it.

Too bad Mr. Chen has moved on. I believe he was an asset to the forum and I enjoyed his posts.

Reply With Quote
The following 8 users say Thank You to timefreedom for this post:
 
(login for full post details)
  #618 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 736 received

Just because one doesn't understand something doesn't mean it is rubbish.

Poor guy was trying his best to explain and by reading the thread his English is not that great.

But for him his method is what brings the money home. If we were all successful traders, would we be here 23/7 looking and searching for that magical indicator.

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)
  #619 (permalink)
 sakisf 
Athens, Greece
 
Experience: Beginner
Platform: TTWeb
Broker: Amp/TT
Trading: E-mini ES, NQ, RTY, Currencies
 
Posts: 28 since Nov 2013
Thanks: 6 given, 22 received


timefreedom View Post
No dog in this fight... but @John Chen posted a version of his book right here in this forum. If you read this thread, there is not a single, solitary solicitation from Mr. Chen - anywhere. At no time was he trying to "sell" anyone on anything other than his unique discovery about how price can be forecast. Ironically, in his book he even posts unabridged trading statements from an Interactive Brokers account. Please... I know that doesn't prove anything. However, I've seen tons of requests for people who spout off about "how to trade" to show a trading statement. I can tell you flat out that the majority of those folks never show anything other than ego and immaturity. When they are prompted by @Big Mike to play by the rules, they pout their way into obscurity. Don't worry though, the ego is strong and false prophets are attracted to naive followers like bees to honey.

Bottom line, why pick on Mr. Chen? If you don't like his approach, you can always use something else that works better for you. I agree that most of the posts are not easy to follow - but then again, if I was typing this in something other than my native language, no one here would understand any of it.

Too bad Mr. Chen has moved on. I believe he was an asset to the forum and I enjoyed his posts.

My intention was not to pick up on him or bash him in any way. I am not even asking for proof of money earned. I am genuinely interested in the system as I am still trying to match it up with what I am doing, even trying to replicate it in MT4 following what I understand from his charts and some vague references from a friend but there is really no true explanation of what he is doing other than throwing charts here and there. If I make a trading journal I am gonna put my system in depth if I want to get people to understand what I do. I am mostly annoyed from the random posting and lack of analytical explanation.

Reply With Quote
The following user says Thank You to sakisf for this post:
 
(login for full post details)
  #620 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
 
Posts: 2,893 since Apr 2012
Thanks: 1,683 given, 3,667 received


sharmas View Post
Just because one doesn't understand something doesn't mean it is rubbish.

Poor guy was trying his best to explain and by reading the thread his English is not that great.

But for him his method is what brings the money home. If we were all successful traders, would we be here 23/7 looking and searching for that magical indicator.

What do you do for the remaining one hour of the day????????

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
The following user says Thank You to Itchymoku for this post:
 
(login for full post details)
  #621 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Price Forecasting with Chaos=====Price Forecasting through Chaos theory

Reply With Quote
 
(login for full post details)
  #622 (permalink)
 PeakGrowth 
Sydney, Australia
 
Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker: IB, IQFeed
Trading: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 463 received

Such an interesting thread, in that it is so random.

Firstly, you are applying the idea of chaos theory wrong - chaos theory states that a small change in initial input can have large complex effects in a long term outcome, hence it renders long-term predictions impossible in general.
https://en.wikipedia.org/wiki/Chaos_theory

You are saying that by applying chaos theory, you can predict long-term direction of the market with high accuracy, which is the opposite of what chaos theory implies, hence your initial idea is already invalid.

Secondly, your method can be explained quite easily. You are simply looking at congestion and a break out.

1. Price congests in a price area which produces a triangle. You are simply using a composite profile to combine congestion areas and break out trend areas.
2. As each unit traded has exactly 1 buyer and 1 seller, the higher the congestion, the larger the amount of committed buyers and sellers there are at that specific price area.
3. Once price moves in a direction (for example, up) and the profile builds higher, the shorts in this congestion area stop out, the longs scale up and buy momentum increases - hence the break out into a trend.
4. Everyone is using some sort of S/R target, such as a naked POC, or previous high, or whatever and I can bet you a lot of people are using a N POC as a price target, so no surprises there.

How you represent the congestion areas doesn't matter, you can use 30min TPO's, 100 tick, 200 tick, 300 tick, volume, or whatever floats your boat. You just need something to represent the congestion.

This is done to death by volume and market profile, there is nothing new here, save for some fancy (or not fancy) words. Call it what it is - this is just VP/MP which a lot of people use already.

Also the fact he has a $200 book on Amazon says something to me. If you can predict with almost 100% accuracy, you would be a billionaire, why go through the trouble and sell a book for $200? You can probably make as much money as all book sales combined with 1 trade.

Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to PeakGrowth for this post:
 
(login for full post details)
  #623 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


PeakGrowth View Post
Such an interesting thread, in that it is so random.

Firstly, you are applying the idea of chaos theory wrong - chaos theory states that a small change in initial input can have large complex effects in a long term outcome, hence it renders long-term predictions impossible in general.
https://en.wikipedia.org/wiki/Chaos_theory

You are saying that by applying chaos theory, you can predict long-term direction of the market with high accuracy, which is the opposite of what chaos theory implies, hence your initial idea is already invalid.

Secondly, your method can be explained quite easily. You are simply looking at congestion and a break out.

1. Price congests in a price area which produces a triangle. You are simply using a composite profile to combine congestion areas and break out trend areas.
2. As each unit traded has exactly 1 buyer and 1 seller, the higher the congestion, the larger the amount of committed buyers and sellers there are at that specific price area.
3. Once price moves in a direction (for example, up) and the profile builds higher, the shorts in this congestion area stop out, the longs scale up and buy momentum increases - hence the break out into a trend.
4. Everyone is using some sort of S/R target, such as a naked POC, or previous high, or whatever and I can bet you a lot of people are using a N POC as a price target, so no surprises there.

How you represent the congestion areas doesn't matter, you can use 30min TPO's, 100 tick, 200 tick, 300 tick, volume, or whatever floats your boat. You just need something to represent the congestion.

This is done to death by volume and market profile, there is nothing new here, save for some fancy (or not fancy) words. Call it what it is - this is just VP/MP which a lot of people use already.

Also the fact he has a $200 book on Amazon says something to me. If you can predict with almost 100% accuracy, you would be a billionaire, why go through the trouble and sell a book for $200? You can probably make as much money as all book sales combined with 1 trade.


Hi, Steve

Your Iphone may be good, however; your advice became nonsense, since kids learnt how to use google search.

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

Equilibrium is the essential part of Chaos, shown in form of triangle when adapted to observer price activities

conventional fixed time interval need to be ingore

11378 is current high of EUR/USD, the boundary of equilibrium

Attached Thumbnails
Click image for larger version

Name:	EURUSD1009.gif
Views:	124
Size:	117.1 KB
ID:	194823  
Reply With Quote
 
(login for full post details)
  #625 (permalink)
camel
Malaysia kuala lumpur
 
 
Posts: 2 since Jun 2014
Thanks: 2 given, 1 received


John Chen View Post
Equilibrium is the essential part of Chaos, shown in form of triangle when adapted to observer price activities

conventional fixed time interval need to be ingore

11378 is current high of EUR/USD, the boundary of equilibrium


I'd thought you said goodbye here... at post number 602.

bored again ?

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

For day trade find the equilibrium, sell its break, plce stop to protect, then look for future bigger equilibrium used as the target exit

Attached Thumbnails
Click image for larger version

Name:	EURUSD1015.gif
Views:	132
Size:	138.8 KB
ID:	195280  
Reply With Quote
 
(login for full post details)
  #627 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


Itchymoku View Post
It's the circle of life for triangles, something I understand quite intimately.



I'm trying to figure out a way to do this without creating custom composites, but more so with already existing daily composites or smaller. I think if you took out the whole custom aspect you might have something really special here that everyone could use.


Market will open on 4/6 let see those when those targets will be reached

Attached Thumbnails
Click image for larger version

Name:	TX0403.GIF
Views:	129
Size:	128.5 KB
ID:	205306   Click image for larger version

Name:	TX0403-1.GIF
Views:	124
Size:	146.7 KB
ID:	205307  
Reply With Quote
 
(login for full post details)
  #628 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 736 received

Hi John

Hope all is well

Would you be able to do one for Crude-CL and then people will see what you see as your method does work and those who say it doesn't, they dont understand it yet.

Thanking you

Sharmas

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)
  #629 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


sharmas View Post
Hi John

Hope all is well

Would you be able to do one for Crude-CL and then people will see what you see as your method does work and those who say it doesn't, they dont understand it yet.

Thanking you

Sharmas



Sharmas

I don't trade crude due to time difference therefore no data source subscribed, however; if my programmer can implement the data then I can display CL charts from time to time

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


John Chen View Post
Market will open on 4/6 let see those when those targets will be reached

Short term and med-term target reach today

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


John Chen View Post
Short term and med-term target reach today

INSERT CHART

Attached Thumbnails
Click image for larger version

Name:	TX0406.GIF
Views:	119
Size:	131.3 KB
ID:	205533  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #632 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received


John Chen View Post
INSERT CHART

JCHART predicted 8381 would be target, by 11AM 8381 touch down and so far is the low of today

market has its rebound is inevitable after the completion of equilibrium

Attached Thumbnails
Click image for larger version

Name:	TX0407.GIF
Views:	128
Size:	140.4 KB
ID:	205616   Click image for larger version

Name:	TX0403.GIF
Views:	100
Size:	128.5 KB
ID:	205617   Click image for larger version

Name:	TX0407-1.GIF
Views:	98
Size:	137.8 KB
ID:	205622  
Reply With Quote
The following 3 users say Thank You to John Chen for this post:
 
(login for full post details)
  #633 (permalink)
 Simba 
Irvine California
 
Experience: Advanced
Platform: AMP MT5,Tradovate
Trading: ES
 
Posts: 17 since Feb 2011
Thanks: 7 given, 17 received


John Chen View Post
JCHART predicted 8381 would be target, by 11AM 8381 touch down and so far is the low of today

market has its rebound is inevitable after the completion of equilibrium

Hi John,

Exceptional prediction of the low
Thanks for posting examples of your method

Question:As I understand your explanations there are 2 possibilities:

1-The EQ point is reached and(specially if there is confluence) a move in the opposite direction starts in search of a new EQ

2-The EQ is exceeded,then the move continues in the same direction in search of a "farther away" EQ

Is that so?

Kindest Regards

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


Simba View Post
Hi John,

Exceptional prediction of the low
Thanks for posting examples of your method

Question:As I understand your explanations there are 2 possibilities:

1-The EQ point is reached and(specially if there is confluence) a move in the opposite direction starts in search of a new EQ

2-The EQ is exceeded,then the move continues in the same direction in search of a "farther away" EQ

Is that so?

Kindest Regards

1) I call it a resonance effect, sellers or buyers of different trading cycles (you called confluence) satisfy and exhaust

2) yes it shall continue same different to find newer EQ

By the way the rebound did happen and high of next day 4/8 was 8500 one tick away from 8499 (8381--8440--8499)

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

Resonance effect, sellers or buyers of different trading cycles (you called confluence) satisfy and exhaust

Today is another good example of resonance

from previous 3 trading days

it reveal 8375---8480---8585 and 8415---8500---8585 could be a potenital resonance

My sell order was placeed exactly at 8585, unfortunatly high was 8584 and close of today was 8495

Attached Thumbnails
Click image for larger version

Name:	TX0403.GIF
Views:	129
Size:	132.0 KB
ID:	205956   Click image for larger version

Name:	TX0412.GIF
Views:	116
Size:	115.8 KB
ID:	205957  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #636 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

It is interesting to observe a breaking move of gold equilibrium, it signals a new upward has begun today

Attached Thumbnails
Click image for larger version

Name:	GLD0429.GIF
Views:	120
Size:	117.9 KB
ID:	207265   Click image for larger version

Name:	GLD0429-1.gif
Views:	106
Size:	130.5 KB
ID:	207266  
Reply With Quote
The following user says Thank You to John Chen for this post:
 
(login for full post details)
  #637 (permalink)
John Chen
Taipei,Taiwan
 
 
Posts: 324 since Mar 2012
Thanks: 4 given, 331 received

Daily equilibrium

Attached Thumbnails
Click image for larger version

Name:	GLD0429-1.gif
Views:	132
Size:	129.3 KB
ID:	207413   Click image for larger version

Name:	GLD0502.GIF
Views:	115
Size:	130.5 KB
ID:	207414  
Reply With Quote
The following 3 users say Thank You to John Chen for this post:
 
(login for full post details)
  #638 (permalink)
musicbased
Cambridge
 
 
Posts: 1 since Jan 2021
Thanks: 1 given, 0 received

Hello, i know this is a very old thread, but i'm trying to understand this J chart method as i have a j chart option on my market profile indicator, but it seems slightly different as the points that the new profiles are drawn are not at regular intervals like standard market profiles but only redrawn when equilibrium has occurred?. That makes a big difference i think. Anyone successfully using this style of trading? Or should i just turn off the J chart setting! ?

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

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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