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Captain Jack replied Mar 3, 2013Seems like a dead thread so here's an update of a chart I posted about 8 months ago...... 1st pic is the one from earlier in the thread.... 2nd is the current view. Expecting a lower price for EURUSD before the rise begins again. This ties in with ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012It may, but if I make a mistake in plotting price, I will know quickly as PA will not follow my "map" and I close it out quickly. If I have plotted PA correctly, there is little chance of price going against my trade. When I do use a stop, I will ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012I have a large position in the AUDNZD pair based on the chart I have posted here. The EURAUD chart also shows a live trade as I am LONG that pair based on my posted chart. CJ
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012Draw-down as you have it displayed is the difference between the account balance and the equity in the account. It is usually displayed as a percentage. At the peak draw-down, the equity would be 80K+ below the account balance. As draw-down ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012Those accounts are like any others, they show past trades, which really have little use to most. I prefer to post charts with "live" trades as I enter them and indicate on those charts what I expect PA to do. When I retired, I had a large lump sum ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012D1 time frame and when I scalp, it's on the M5 time frame. I prefer the D1 trades, which give me more time to plan my trades. Sometimes, while waiting for D1 PA, I'll scalp a bit to pass the time. CJ
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012Try it again... I thought I had it the first time. Should show now... CJ
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012My Ahh-huhhh! moment arrived this past January. I have blown my share of accounts, using all of the "accepted", conventional methods of trading. I've been through my share of EA's and systems that are hawked, one after another. I have posted ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012I have a thread on this method at my home forum, which is a private community of traders. I don't sell signals, I don't manage accounts. I will probably not try to teach it here. This thread caught my eye and I just wanted to add my opinion. I will ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 16, 2012They should be show now, but they will never close in that account because PFGBest shut their servers down and this was the state of the account at the time it shut down. I have a large sum of money on deposit at PFGBest and will be lucky to ever ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012That "real" account is no longer broadcasting trades to MyFxBook. I am a very active trader. This was from a "scalping" account and I averaged 28 trades a day in it, over a 14 day period. I have no need to keep any account linked to a publishing ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012The only reason for the demo was in response to a public thread at donnaforex.com site. url One of my real accounts that was linked to MyFxbook for a short time...this one was "private". I trade large accounts and normally don't want my accounts ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012Many people are of the same belief, I am one who believes otherwise and base my trades on those beliefs. Every now and then, "verified accounts" always come up as a way to "prove" a method of trading. I normally don't keep them as they are only ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012No problem at all with the language. I understand the annotations as added and it provides good insight. Only time will tell how it plays out. I would be interested to see any others idea as to what PA may do for this pair going forward, using any ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012I trade D1 based on price only. Anything else on those charts are for the benefit of the people on the forum. The 2nd chart is when I closed out the SELL on the 1st, and have started adding LONGS for the predicted move up. In the 3rd set of charts, ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012To each his own, but I can post charts to support what I say. I'm not very active here in these threads and stay mostly to a private forum, but I can post charts that I have posted there in the past as well as price action relative to those charts. ...
Why it is possible to predict price movement?
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Captain Jack replied Jul 15, 2012Price can and is "predicted" and "predicted" accurately. Without any lines, indicators, S/R levels, fibo levels, moving averages, volume indicators or any other "dirt" that obscures your vision of price. Look beyond what lies on your screen and view ...
Why it is possible to predict price movement?
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Captain Jack commented Jun 21, 2012Hi Freddy! Hows life treating you? Best wishes and good trading! CJ
EUR/USD Forms a Double Top With a Break Below 1.2550
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Captain Jack replied Jan 25, 2012Short EU... 4Hr Channel — Looking to ride this one down... CJ image
EurAnalysis