Three Charts

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jrtrading
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Re: Three Charts

Postby jrtrading » Tue Jan 26, 2016 9:08 pm

Update - practicing cones.

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jrtrading
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Re: Three Charts

Postby jrtrading » Sun Jan 31, 2016 9:00 pm

USDJPY.png
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jrtrading
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Re: Three Charts

Postby jrtrading » Sun Jan 31, 2016 9:22 pm

To sum up current status:

Most of what I can see when reading charts is done by comparing
the prior reaction of other traders to how they are reacting now.

When I say traders I mean orders and how those orders can push price.

Where did buyers or sellers come in heavily last time
and what did they manage to achieve. Then join them.

jrtrading
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Re: Three Charts

Postby jrtrading » Sun Jan 31, 2016 9:46 pm

For the record, after some time listening to ICTs webinars, I believe he is legitimate.
Skepticism unwarranted.

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Captain Pugwash
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Re: Three Charts

Postby Captain Pugwash » Sun Jan 31, 2016 11:41 pm

[quote="jrtrading"][/quote]

here's my answer - but take mine with a pinch of salt atm


2016-01-31_2337.png
2016-01-31_2337.png (222.64 KiB) Viewed 1073 times


look at where the move that broke your "close above something line originated from - to me it looks really nice - price is also effin around and about a daily pivot - look at bredins videos for this

2016-01-31_2337.png
2016-01-31_2337.png (222.64 KiB) Viewed 1073 times




ps - the yellow line is my pivot



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"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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Captain Pugwash
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Re: Three Charts

Postby Captain Pugwash » Mon Feb 01, 2016 7:32 am

Ask yourself "but why did price come back down again after the first rise??"


2016-02-01_0531.png
2016-02-01_0531.png (38.06 KiB) Viewed 1027 times


now mark up for yourself the one on the left of your chart - err, i added it anyway for future reference

2016-02-01_0737.png
2016-02-01_0737.png (48.18 KiB) Viewed 1023 times
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

jrtrading
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Re: Three Charts

Postby jrtrading » Mon Feb 01, 2016 7:39 am

Thanks a lot for your posts Captain Pugwash,
I will have to digest the charts you posted and will give a proper reply when done so.

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MightyOne
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Re: Three Charts

Postby MightyOne » Mon Feb 01, 2016 7:45 am

I shall now crawl back under the rock I am hiding under :)


Don't lurk, it's not nice :wink:

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Re: Three Charts

Postby Captain Pugwash » Tue Feb 02, 2016 7:49 pm

MightyOne wrote:
I shall now crawl back under the rock I am hiding under :)


Don't lurk, it's not nice :wink:


quiet right old chap :) -

So here is one more for jrtrading

I marked it up as a doodle today when talking with another trader - I find it helps me to break a chart up into understandable elements

its the same chart obviously - I usually use different colour lines - but I cant be arsed atm -

no text - it aint really necessary.

2016-02-02_1755.png
2016-02-02_1755.png (45.63 KiB) Viewed 725 times


also very interesting chart at this moment
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

jrtrading
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Re: Three Charts

Postby jrtrading » Tue Feb 02, 2016 10:18 pm

Thanks, you can lurk as much as you want in this thread.

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