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.
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?
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.
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Site Administrator Swing Trader Data Scientist & DevOps
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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.
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.
The following user says Thank You to sakisf for this post:
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.
The following user says Thank You to sakisf for this 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.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
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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:
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 …
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)):
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 …
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.
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
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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.
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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.
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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.
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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.
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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.
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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
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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
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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! ?
I do know and understand) 
