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Mr_black

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Posts posted by Mr_black

  3. Posted

    TA is crap....focus on the content not on the form or the pattern...all fthis Falgs , Double Tops Bottoms,Triangles, 123's and so on are only randomly created forms they dont give a predictable outcome, but if you know what is inside you will go whit the Smart Money and make some money....:)

  6. Posted

    I am still bearish for EUR/USD(referal to 1hr.)....reason for this is there was no sell off yet...no climax selling...My current possition is Short, the entry was@ 1.2827 stop 16 pips....target@ 1.2770/60...:helloooo:

    Ha..they got me today...on the mark up...:crap:

  7. Posted

    I am still bearish for EUR/USD(referal to 1hr.)....reason for this is there was no sell off yet...no climax selling...My current possition is Short, the entry was@ 1.2827 stop 16 pips....target@ 1.2770/60...:helloooo:

    image.thumb.jpg.e2f07aac9f91698d616b9f2c7f6780a5.jpg

  9. Posted

    And here is the big picture....SZ (supply zone) 1.2875/1.2843 was still active, the market reaction was to build new zone where the big smart money was selling to the retail buyers herd...this is the phase known @ Distribution , I prefer to call it Accumulation of Buy Orders then the mark down phase follow (some people call it down trend)...and the winner is The Market a.k.a. Banks, Institutions, Pension Funds..... :):rofl:

    Ups, I forgot My Target1@1.2890 was missed by 15 pips....:wtf:

    April1_5.png.dd40b9ce9da0cd8b4417d3ed5883f4c6.png

  11. Posted

    Would you mind elaborating a little more on the biggest blunder? Are you referring here to Jack's "The Pattern" (the three price moves on four volume moves per half cycle), or "channels" in general, or something else?

     

    Thank you for sharing your experience.

     

    -river[/

    There is no pattern, its like if you see sexy blonde ( she is blonde and sexy....pattern, shape ,form) to guess is she smart or dumb....so it can be any pattern, shape or form....and be pretty smart and be any shape or be dumb....There is no pattern....its only one question if you sell on some pattern who is buying from you and why is it smart or dumb...???

  12. Posted · Edited by Mr_black

    Mr_black,

     

    I recall being impressed by many of the charts you posted of trades using the methodology, years ago, on another site. Your quotation above startled and surprised me because you appeared (at that time) to consistently extract meaningful, positive results using the JH method.

     

    In your experience, what aspects of the methodology are “science fiction”?

     

    -river

    Trading whit no Stops..... FTT to FTT ....In my opinion the biggest blunder in JH Method is that he thinks for price and volume like a object like a shape, the shape doesn't means nothing, the price shape is not important , more important is the big money buying or selling ....:2c: .if somebody can do it please join to TL Forex Contest and prove it.... I am there and everybody can see My trades..wins and losses...:)

  13. Posted · Edited by Mr_black

    Its funny to look back and see how my predictions are doing.....blue line was what I forecast for today the red line is what actually happened....The good part is that Demand Zone was holding more buy orders just enough to drive the price back to the Supply Zone, sooner or later one of this zones will run out of gas.....and then boom:wtf:

    image.thumb.jpg.0a2ffa811ea11bef9df82365bd1897d4.jpg

    April1_5.png.5344a90f4ea461e38391002408d2bfde.png

  14. Posted

    @ promised, here is the trade I did today...Long in Demand Zone Exit @ Supply Zone...I am still bullish on EURUSD, but decision to close this trade is the 2 Supply Zones overhead...and the Market probably will go sideways...... better to exit and wait to see how the price will react...I linked this contest account whit MyFxbook the name is EasyPa.it will show all the trading activity , statistics and so on....:missy:

    Contest01042013.thumb.png.153cb48bd43fd430c80dde2b9333fa46.png

  15. Posted · Edited by Mr_black

    You need first to know where are you in the Market cycle, are you in accumulation phase, mark up ( known @ up trend) , distribution or ( mark down aka. down trend) and then to use appropriate strategy to enter the Market...:2c:

    image.thumb.jpg.5dba90f2fc02e4aa24cfe2bdd53ebda5.jpg

    cycle.png.3b892a5359c3ff18327d447ee8e015ae.png

  16. Posted

    I had a good laugh, Do you think Tams chart has all the possible market combinations between gaps and de-gaps?

     

    I think you need to re-read what I wrote; I said your example is random NOT the market is random. Big Big Difference.

     

    Surely you can see the difference between that? :)

     

    This is where I bow out. Good luck.

    JH method has some working parts and lots of science fiction...its up to you to filter what is working and what is only in Jack's imagination...Do you people remember the name of company that was using JH method for trading futures it was "Peak Trader" something. It was obvious that he is trying to enter the vendors biz....:2c:

  17. Posted

    I am starting a new thread for April...I will try to post more frequently.

    Here is My next week analysis for EURUSD.

    The Market is in congestion, between 1.2873/1.2841 Supply Zone® and 1.2789/1.2762 Demand Zone (S). The fake moves surrounding DZ is a strong signal for changing direction and My prognosis is that Market will go Up to clear all Buy Stop Levels above 1.2873. My targets are T1@1.2890 and T2@1.2950...I do not have position on the contest account yet..to give you entry/stop levels.

    April1_5.png.108749e2b521d2390d2f6b0855ece3f1.png

  22. Posted

    Meaning if you cross the open of the first bar of a trend?

     

    Heisenberg

    I am not trading JH method....but if you ask me trend lines, and shapes are only in your imagination, and most of TA is crap.....you can't predict what price will do next based on TA principles, Ma's and indicators. The only certain is that most of traders are losers and if you find places where are more of them this is your sweet (G)spot...:)

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