Charts to use:
Set-up: 3-multiple of entry chart
Anchor Chart: 2-multiple of the set-up chart
o Entry = 4 NT Renko chart
o Set-up = 12 (3-multiple of entry chart)
o Anchor = 24 (2-multiple of set-up chart)
Analyze the Set-up Chart:
OHLC Levels (dotted lines) (GLOBEX-Session)
Key Trend-lines from Swing-highs/lows
Key Retracements from major swing-highs/lows
Golden Ratio Extensions from ‘moving-average-cross’ and ‘wave-count reset’ areas
The following user says Thank You to sharmas for this post:
How to Define TREND: Short-Term: wave-count reset with VOLUME on the entry chart Medium-Term: Trend-lines on the Set-up chart Long-Term: color of the ‘cloud’ on the SET-UP chart
How to Define RANGES: Short-Term: Use the highs and lows of the set-up chart Long-Term: Use the highs and lows of the anchor chart
Use the 27.2% Extension of the range to qualify a breakout of the range.
Entry Patterns to use:
Wave Pattern #1 & #2
PM if you need further details and set ups
save yourselves 5k that SOT charges
Last edited by sharmas; February 16th, 2015 at 08:49 PM.
The following 4 users say Thank You to sharmas for this post:
@sharmas leave this thread be. You've made a review now move on.
Sent from my phone
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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The following user says Thank You to Big Mike for this post:
JCHAWAII, you are an obscene troll. I have not been active on these forums for some years, that part is correct. Nothing has changed from my original review of schooloftrade.com the review blog is located at jameswavereview.blogspot.co.uk. Your reference to me making an apology is a total lie and I never started a trade room, where is this room you refer to ? I would love to see it and speak to myself on it LOL! It does not exist, this post is a total lie and no doubt another from JJ himself or his minions. Big mike I urge you to check the background of JCHAWAII.
Last edited by LloydH; June 1st, 2015 at 10:09 AM.
If you read my post it says I tried to reach you many times. I tried every way possible to reach you and sent you the originals posts from the other sites. . I did not use the names of those forums on Big Mikes because I figured that is against policy. I tried to reach you on Big Mikes, your personal site as well as a few others that had your name on them, INCLUDING your site pertaining to your lawsuit against SOT. You went MIA.
In my post here on Big Mikes, I said "seems". All of this was a long time ago and I had tried to reach you so many times. For me to not pass this information on would have been irresponsible. If it is not true then I apologize. I am not trying to defend SOT, and I am certainly not Joesph James. I am simply trying to find the truth in a very, very interesting situation, which has become boring by now.
I will send you a personal reply, so as not to mention the names of the sites that posted statement attributed to you.
Again if it is not true, then I apologize, but then I never said it was true and I never called you an obscene troll and I did make a very diligent attempt to reach you, long before I posted in Big Mikes.
My video review on you tube clearly provides a contact email address at the end and I receive lots of emails regarding my video and blog and I try to respond to every single one. I save every single email I receive regarding SOT. I do not recall receiving a email from you, what email address did you send a message from ?
You said "I tried to reach you on Big Mikes":
I have no private messages from you on this "Big Mikes" forum. I just double checked my message box and there is nothing from you. I wonder if Big Mike can help out and confirm if you have ever sent me a message on this forum and if so what has happened to it?
"your personal site" :
If you have posted a comment on my blog it will be there for everyone to see along with my response, what did you post, please provide a link to your comment if you have ever posted one?
"as well as a few others that had your name on them":
Which sites are you referring to , please provide links to the sites you have tried to contact me on, I assume your comments will still be there unless you have deleted them?
I have not been active on any these forums for sometime, I give you that. I do respond to any emails as and when they come to me and that includes and responses to posts and comments I have placed on forums like Big Mikes. This comment being an good example, I just received an email relating to the reply you have just posted to my comments made today. If you were trying every way possible to reach me then why did you not simply reply to one of the many posts I have made on this thread?
I welcome some answers, I find it very hard to believe you have ever tried to contact me. I also want to know where you have taken these complete lies you posted about me from? I never made any apology to schooloftrade and these comments are utterly libelous and defamatory on my character and whoever posted is no doubt in breach of the terms and conditions of this forum to start with. It is a total lie that I said "and I am now a competitor selling day trading education online". These are absolutely scandalous lies.
Big Mike please contact me directly regarding this comment because I believe there are new laws against this unmasking abusive trolls coming into affect now. I was furious to read this post today , having been scammed by SOT and JJ is bad enough but I will not stand for total lies being posted about me on the internet forums like this. I have taken screenshots of these posts and comments for my records.
Last edited by LloydH; June 1st, 2015 at 03:45 PM.