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Why it is possible to predict price movement?

  • #701
  • Nov 2, 2015 10:50pm Nov 2, 2015 10:50pm
Quoting forexdave1
The V spike is the start of a new cycle and begins a period of greater volume. The bottom of the V enters into a congestion area collecting shorts which get killed when price reverses? {quote} {image}
Those shorts are long dead....

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #702
  • Nov 2, 2015 10:54pm Nov 2, 2015 10:54pm
Quoting forexdave1
The V spike is the start of a new cycle and begins a period of greater volume. The bottom of the V enters into a congestion area collecting shorts which get killed when price reverses? {quote} {image}
Please refer to this post...this is the cycle, the 3 level rise from the low is completed and topping out in done..... Now we begin a 3 level drop from the peak high as indicated....

http://www.forexfactory.com/showthre...86#post8569886

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #703
  • Nov 2, 2015 11:23pm Nov 2, 2015 11:23pm
Quoting Captain Jack
{quote} You've done a marvelous job with that...I wish you continued success! -CJ-
Thanks Cap .. Hopefully , If all goes well we can rob some banks together ..

Looking for a Supply zone to SHORT this Pair GBPUSD (1hr Chart)
.. I don't think it's going to go much higher before a Fall ..
See Ya , Tomorrow ..
Attached Image (click to enlarge)
Click to Enlarge Name: GU Short term Forecast.JPG Size: 135 KB
  • #704
  • Nov 2, 2015 11:26pm Nov 2, 2015 11:26pm
Quoting taomql4
{quote} Thanks Cap .. Hopefully , If all goes well we can rob some banks together .. Looking for a Supply zone to SHORT this Pair GBPUSD (1hr Chart) .. I don't think it's going to go much higher before a Fall .. See Ya , Tomorrow .. {image}
AJ has my full attention, not looking at anything else.... it's all I need.

Best wishes for your trades!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #705
  • Nov 2, 2015 11:48pm Nov 2, 2015 11:48pm
I preach "pinning your order to the Fox's tail".... well here it is for those who say trading the pins and "RRT" patterns are too hard to do... If he runs higher, I'll stick him again!

-CJ-
Attached Image(s) (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #706
  • Edited Nov 3, 2015 12:31am Nov 2, 2015 11:54pm | Edited Nov 3, 2015 12:31am
Quoting Captain Jack
I preach "pinning your order to the Fox's tail".... well here it is for those who say trading the pins and "RRT" patterns are too hard to do... If he runs higher, I'll stick him again! -CJ- {image} {image}
These guys have been known to entice higher, 25-50 more pips.... so some of these orders may be closed for margin management and re-entered at a higher price... one account I'm trading is 1000:1 but doesn't have full equity closure....

If they do, they will show an attack on this area if enough orders are not trapped at current levels....

-CJ-
Attached Image (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #707
  • Nov 3, 2015 12:02am Nov 3, 2015 12:02am
Annnnddddd.... let me point this out last but not least... do you see the patterns? They are human too and they follow the same patterns that work for them.... the lower is the inversion of the upper...

This is why you don't need to predict price, just learn their tracks and travel with them...

-CJ-
Attached Image (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #708
  • Nov 3, 2015 12:15am Nov 3, 2015 12:15am
Quoting Captain Jack
Annnnddddd.... let me point this out last but not least... do you see the patterns? They are human too and they follow the same patterns that work for them.... the lower is the inversion of the upper... This is why you don't need to predict price, just learn their tracks and travel with them... -CJ- {image}
Responsibilities to take care of....shorts closed, will reload later.... going to set out the retrace...

-CJ-
Attached Image(s) (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #709
  • Nov 3, 2015 12:26am Nov 3, 2015 12:26am
Quoting Captain Jack
{quote} Responsibilities to take care of....shorts closed, will reload later.... going to set out the retrace... -CJ- {image} {image}
very nice! inspirational
In trading, you have to be defensive and aggressive at the same time
  • #710
  • Nov 3, 2015 1:44am Nov 3, 2015 1:44am
Somebody was wanting to see the live trades... well here they are.... I set this up after I closed those shorts.....

-CJ-
Attached Image(s) (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #711
  • Nov 3, 2015 1:48am Nov 3, 2015 1:48am
Current.... those are 2 accounts.... not 2 pics of the same chart....

-CJ-
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #712
  • Nov 3, 2015 1:50am Nov 3, 2015 1:50am
Quoting Captain Jack
Current.... those are 2 accounts.... not 2 pics of the same chart.... -CJ- {image} {image}
That's going to do it for awhile... I've got work to do!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #713
  • Nov 3, 2015 1:54am Nov 3, 2015 1:54am
Quoting Captain Jack
{quote} Hey mate, how's that DAX short working out for you? -CJ-
Out at BE ...
One of many .
  • #714
  • Nov 3, 2015 1:55am Nov 3, 2015 1:55am
Quoting Captain Jack
Somebody was wanting to see the live trades... well here they are.... I set this up after I closed those shorts..... -CJ- {image} {image} {image}
Demo account ?
  • #715
  • Nov 3, 2015 2:08am Nov 3, 2015 2:08am
Quoting Mingary
{quote} Demo account ?
Would it really matter...real or demo, it's all just "monopoly" money anyway..... they have done everything I said they were going to do with AJ and I told everybody WHY they were doing it.... direction and intent... soon all that changes....

-CJ-
Attached Image(s) (click to enlarge)
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #716
  • Nov 3, 2015 2:13am Nov 3, 2015 2:13am
Quoting Captain Jack
{quote} Would it really matter...real or demo, it's all just "monopoly" money anyway..... they have done everything I said they were going to do with AJ and I told everybody WHY they were doing it.... direction and intent... soon all that changes.... -CJ- {image} {image}
Same, same, only different...

-CJ-
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-11-03_2-58-07.jpg Size: 249 KB
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A man is not defeated when he is beaten, he is defeated when he quits.
  • #717
  • Nov 3, 2015 2:24am Nov 3, 2015 2:24am
Quoting Mingary
{quote} Out at BE ... One of many .
Sorry the trade did not go as planned...

Best wishes for your next one..

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #718
  • Nov 3, 2015 2:25am Nov 3, 2015 2:25am
Quoting Captain Jack
{quote} Would it really matter...real or demo, it's all just "monopoly" money anyway..... they have done everything I said they were going to do with AJ and I told everybody WHY they were doing it.... direction and intent... soon all that changes.... -CJ- {image} {image}
Yes it matters a lot. IMO trading results from a demo are meaningless
  • #719
  • Nov 3, 2015 2:29am Nov 3, 2015 2:29am
Quoting Mingary
{quote} Yes it matters a lot. IMO anything demo is meaningless
Then consider it meaningless if it meets your needs.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #720
  • Nov 3, 2015 2:32am Nov 3, 2015 2:32am
Quoting Mingary
{quote} Yes it matters a lot. IMO trading results from a demo are meaningless
You may also discount all the other charts as well as trade results that I have posted over the past 4 years or so, as meaningless as well. Many, many done live like this.... It still doesn't change the fact that all of it took place. And will continue to take place in the future.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
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