Captain Jack on Forex

Factory
Do the tracks and repetitive patterns predict
price action? Yes!
Do you need to map price to be successful? No, you
just need to follow the tracks!

If you were going to war,

would you buy your guns
and ammo from your ene-
my? Easy answer - NO!
 Captain Jack

Joined May 2009 | Status: Member | 341 Posts

f we truly thought and believe price has no predictable tendancies then i would sugest we should not be trading.price goes up or down.its be-
havour can be very predictable. after all it plots us.our collective belief.

if we draw the recent swings on all time frames we have an instant advantage,below that level we should be selling,above we should be
buying,combine that with longer time frame range and patience ,some mm,and were good to go.if we trade the middle ,the chaos then we will
always loose.the information is there and price will be our...

Price 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 price because price is your guide. It is all that is required.
All systems and EA's work some of the time, but none work all of the time. Very few work "most" of
the time and most work seldom of the time. The reason for this is because they are programed to
look for certain conditions and work when price is in agreement with those conditions. When price
moves out of the conditional range, they all fail and fail miserably. The same holds true for any and
all indicators. They are reactive and always lag price. Price is the only true indicator and guide that
is proactive in that it provides direction and intent of price itself.
Price is NOT random and price can be followed much the same as you would follow a road on a
map, or a blueprint when building a house. Price is continuous, always leaving someplace and arriv-
ing elsewhere. The only constant in the journey is time.
To use anything other than price to determine price action, is but a distraction. Pulling your vision
away from what you should be looking at, what is right in front of you, price itself.
CJ

Price 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 price because price is your guide. It is all that is required.
All systems and EA's work some of the time, but none work all of the time. Very few work "most" of
the time and most work seldom of the time. The reason for this is because they are programed to
look for certain conditions and work when price is in agreement with those conditions. When price
moves out of the conditional range, they all fail and fail miserably. The same holds true for any and
all indicators. They are reactive and always lag price. Price is the only true indicator and guide that
is proactive in that it provides direction and intent of price itself.
Price is NOT random and price can be followed much the same as you would follow a road on a
map, or a blueprint when building a house. Price is continuous, always leaving someplace and arriv-
ing elsewhere. The only constant in the journey is time.
To use anything other than price to determine price action, is but a distraction. Pulling your vision
away from what you should be looking at, what is right in front of you, price itself.
CJ
Quoting ha-pattern
Nice.
What I'd call it:
Counter-weighted trend angles, displaying triangles.

I don't get the second chart.

edit: Okay, I see the pattern similar to the others.
I 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, not only did I predict the movement, but also the pattern it would form when it made
the move.

Price can be predicted. Here's something to follow over the next few years...see how close I can come to a
long term prediction. EURUSD on the monthly time frame. I'm not 100% sure the #12 bottom has formed but it
is close if it hasn't.

I have this pair mapped out up to #29, which is much lower than the #18 on this chart....

Quoting duyk20
Trying to predict the beast, trying to outsmart it.

Rigid. Too much Rigid.

The outcome will be brutal.

Many 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 useful for people who are selling "snake oil". I have in the past, mirrored my
live trades to a demo account as to how I trade. The most recent account I did this with was in response to a
public thread at donnaforex.com

Here's the link to that account, which will no longer update as it was at PFGBest, which has shut down their
servers.

http://www.myfxbook.com/members/MidA...fgbest1/339716
Quoting Soldier
do u plan to teach this technique? may be u can open a thread?

I 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 post charts with my opinion of the direction and intent for PA on a few pairs, as I have
done with the AUDNZD chart. I don't need to trade numerous pairs, only a few. I spend hour upon hour buried
in price charts, to develop my opinions. The best way I can describe it is that at one time, most people
thought the world was flat and if you ventured too far, you would fall off. I believe that the same analogy ap-
plies to Forex. Most people believe the price world is flat, but it isn't.

Consider the fact that when you look at your price charts, you are actually looking through a window at price.
Any indicators you place on your window only blocks your view of what lies beyond. You have to look through
this window and not at the window glass itself. It's a hard concept to grasp and even harder to explain. I "see"
price. It's always talked about, price action, but few people actually "see" price. When you do, it's like an Ahhh-
huhh! moment. If you ever reach that point of "seeing", you will always see it. You won't be able to not see it
after that.

I am also of the opinion that "news" does not drive price, it supports a price move. Price is not random.

CJ

Quoting Soldier
I have a question jack, i caan see u are member of forex factory from 2009 but u never posted any thing untill
recently, so my question is, how long u been trading successfully and how many years it took for u to under-
stand price action trading.

My Ahh-huhhh! moment arrived this past January. I have blown my share of accounts, using all of the "accept-
ed", conventional methods of trading. I've been through my share of EA's and systems that are hawked, one
after another. I have posted sparingly in the past as I had little to say that was of any value anyway. I have
been a coal miner for the past 36 years. I have traded various instruments well over 30 years. When I saw
price as I see it now, I couldn't believe that what I had been searching for over the years was right in front of
my face the whole time.

My wife has been very sick for the past 8 years. She is a cancer survivor and has been ravaged by the dis-
ease. I took an early retirement from my job to stay at home and be a caregiver to her this past February. I
now trade full time, from home. I had planned on working another 4 years, at a job that would have paid me
on average, $200K+ a year. Seeing price as I do now has allowed me to leave my job and stay at home with
her. I thank the Good Lord each and every day. I have been offered several jobs as a "trader" or to manage
others funds for them. I don't need a salary anymore and I don't want the responsibility of managing any oth-
ers funds. With her health as it is, I wouldn't take on a responsibility that I may not be able to fulfill should her
condition change.

If you want to see price as I see it, all you need to do is look at the charts in the 6th post of this thread, the
ones posted by Mike Haran. Disregard any lines or added distractions and tell me what you see. I can tell you
that you have seen it several times within this thread, but you haven't really "seen" it yet.

CJ
Quoting kk007
Thanks CJ, I got it now. Excellent!

Those 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 pension as well as a 401K that I rolled over into a self directed IRA.
These are the funds I use to establish my trading accounts. I tend to trade large lot sizes and do not use
stops most of the time. Like my opinions on price, my opinions on risk management differ from the norm as
well. But you can see that even trading these large lot sizes, I have almost a zero percent risk of ruin chance.
Some people who know me well call me a "freak" and some say I "scare them" with my price predictions, as
they follow the live trades. The more "disciplined" you are as a trader, the harder it is to understand how and
why I trade as I do.

You have to understand that every tool you use, from your platform up, is created by by those on the other
side of your trade. They are not designed for your benefit, but for the brokers and the marker makers who pilot
price. They know every "tool" and indicator, every candlestick pattern, every MA, and every S/D level because
they are the ones who paint the picture you see on your glass window. They know most retail traders are un-
der funded and over trade their accounts. They know people will get greedy and add to their positions when
the start to move into profit. It's as easy for them to walk price back to the negative side and put you in margin
trouble. They know just how far back to go to trigger the stops. How many times has your stop been triggered,
ending your trade, and then reversing back to a level that would have been profitable? It happens for a reason
and that reason is that price is not random. It moves with direction and intent.

CJ

Quoting duyk20
That would be excellent.

I have a large position in the AUD-

NZD 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.

Quoting duyk20
Very risky.

The market may get you one day if

you don't use SL. I don't know..
It may, but if I make a mistake in plot-
ting price, I will know quickly as PA will not follow my "map" and I close it out quickly. If I have plotted PA cor-
rectly, there is little chance of price going against my trade. When I do use a stop, I will place it 10-20 pips
above or below the last swing high or low, but I monitor the trades closely. So far, my biggest loss has been to
the crooks at PFGBest, who stole the funds of many traders, and not by a bad trade.

CJ
Seems 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 be-
fore the rise begins again. This ties in with my expect-
ed low of near 113.xx for EURJPY....

Can price be predicted?? I believe it can....

CJ

Quoting Moritz
Hello Captain Jack, what kind of tool do you use for
predicting the price ? Best regards Moritz

The only tool I use is the one on my shoulders....

CJ
Almost 3 years from my original posting in
this thread and nothing has
changed...except maybe some opinions as
to the randomness of price... or lack of any
randomness at all.

Quoting gravitist
Price movement can not be predicted. If it could be, there
would be no market. If everybody "knew" the price is going
up, who would be taking the other side of those pending buy
orders? I am amused by the nonsense I read in FF. Apparently,
most of the "traders" here lack even a basic knowledge of eco-
nomics , not to mention macroeconomics. If one takes even a
survey econ 101 class in college, the idea of " predictable mar-
kets" is exposed as ridiculous. Remember - for every filled
buy order, there is someone on the other side selling. Think
about...
And many years ago, everybody "knew" that the earth was flat
until one man proved them wrong. Much like today, when
everybody "knows" that the Forex market is random, with
price action based on supply and demand as well as world
events. It most certainly is not! Price is manipulated by the
world banks. It is far from random in any nature.

Just stopping by to update the EURUSD charts with my pre-

dictions.... over 3 1/2 years now and still spot on! The original
chart was plotted to 29 points at that time.... and nothing has
changed. It is on course just as predicted. Notice the pins on
the candles in the latest chart... there is a steep drop ahead for
this pair, ride it and retire like me!
Quoting metta87
{quote} The question is : are you a forex multi millionaire ?
I'll not go into all the details here as it's been posted elsewhere, but I retired 3 years ago from a very well pay-
ing job, at the age of 55, to stay at home and be a care giver to my wife, who has battled cancer for the past
10 years. I worked my profession for 37 years and had planned on working another 7 years, until I was 62. I
would have earned approximately $1.2 million dollars had I worked those last 7 years.

Trading Forex allowed me to walk away from that and trading is my only source of income.
I no longer post links to any of my accounts and as a US trader, I pulled ALL of my funds out of the market
some time back, before the so called "Black Swan" event. Having lost nearly a 6 figure trading account at PF-
GBest during their fiasco, and having no account protection in the US, I moved my funds to safety, the majority
of which were with FXCM. My monthly trade rebates from FXCM alone were seldom below 5 digits.

I do not sell anything and I have nothing to prove as my postings are now all public, including some that were
on a private forum. This thread caught my eye a few years back and I stop by from time to time to update the
chart I had posted. At the time the EURUSD chart was posted here, price was mapped to 29 points, or 11
more than the 18 shown. I expect price to continue to all 29 points, the same as they have in the past.

For those seeking an alternative view of these bullshit markets that are called FOREX, the information is there.
For those who think it's impossible to do this, to "predict" not only price but the route it takes on it's journey,
carry on with your trading as you know it. They have "blinded" themselves with such thinking and will never
see the truth, the deception and the manipulation that these so called "free markets" are comprised of.

For the curious, the link is here, for those who deny the possibility, best wishes and good trading to you.
-CJ-
Quoting zacorbul
{quote} There are a few traders that seem to have reached the same conclusion. For me is not a conclusion
yet, more of a gut feeling.. Sometimes i wonder if you guys who see it (also the pair dna has a winner) have hi
iq or are pisces or are born on the 8th ^^. i hope not because that will mean that i wasted 4 yrs. Meanwhile
page 520 on your thread at steve's
No, not born on the 8th but close, the 4th... and no, no MENSA member here. Just many years of listening to
the BS that is put forth in this industry and spending countless 1000's of hours looking at naked charts.

During WWII, many pilots spent countless

hours looking at ship silhouetttes in prepa-
rations for bombing runs. They used pattern
recognition to target the enemy ships from
high in the sky. It's no different with chart
patterns. Spend enough time looking at
them and they become quite recognizable.
Especially when they play over like a song
on a player piano. If you don't think this is
possible, which it is by the way, then explain
the following images from my library of pics.
One is a screen cap of the very tiny tick
chart that is provided to you by your oh so
gracious broker and the MT4 platform that
we use to trade with. It takes about 10-15
seconds to print that tick pattern. The other is the exact same pattern that ap-
peared on a D1 chart, which took many months to print. Explain to me why the
tick chart is not predicting the future price action on the D1 chart because it
clearly is AND the tick chart pattern continues PAST the topping formation, into
the coming decline of the pair. It's like a crystal ball, is it not?

Anyway, half way through the thread....for the 1st time. Many read it several
times and use the PDF's for reference. Open your mind to this because you're not in Kansas anymore
Toto....and there is somebody behind the curtain of Forex as well!

-CJ-
Quoting venividivici
because almost every trader is taught to trade the same way, so the market behaves in a loop of patterns and
banks use this to profit against everyone
All traders are taught to trade the wrong way. Everything you are taught from the beginning is a lie. The bank-
ers use the same methods of placing orders and clearing their books because it works over and over again.
These "tracks" as I call them, can be seen and present their own patterns.

The chart patterns I speak of are candle patterns that repeat, beginning on the tick level, and then appearing
across every time frame, from the 1M, 5M, 15M, 30M and on up as far as you like. The patterns mature at dif-
ferent intervals based on the chart time frame. Much as a child matures over the years, charts take time to
mature as well. That was why I chose the monthly time frame for my EURUSD price map. You may get lucky
and "predict" or guess what a short term pattern may be but my prediction was based on the length of time
that it would take to complete the map as well as prove my point about being able to predict price. How many
high paid advisers do you think can do this?? And yes, I have been offered management and trader positions,
and large accounts for managed trading. One group of investors pooled close to 75 million and I was offered
a trader position with them.

I retired from a 37 year career in the mining industry to be a caregiver to my wife, who is a cancer survivor. I no
longer need to "work" to make money for others, nor receive payment for that work. I can take what I need
from the market. I don't need to sell my knowledge, coaching, tutoring, or managing others funds. After all,
how much would I charge for this work when I can derive the same from the market.

I can provide insight into what I have discovered on my journey as a trader as well as how I apply these theo-
ries to my trading. It cost nothing. If you benefit, great! If you can not fathom that price can be predicted or that
patterns are not as I say, that's great too. Carry on with what you know. Knowledge of rabbit holes in the ma-
trix can be very scary for some people.

I visited this thread years ago to make a point, its been made. I would also like to state that you do not need
to predict price to reap untold profits from this false market, you only need to be able to follow their tracks and
trade with the people who are piloting price, and not against them as all are taught to do.

-CJ-

Quoting Xela
{quote} Exactly. "Predictability" conversations, in trading, tend sometimes to become confused because of a lack of clari-
ty in differentiating between individual and collective predictability. Nobody can confidently predict the outcome or price-
direction of an individual trade, but high-probability set-ups make it possible to predict, at least reasonably accurately,
the overall outcome of 100 similar trades - and in this sense successful trading is about the analysis of statistics and
probability.
I beg to differ with you as I have done it and continue to do it. During one live trading session not long ago, I
made 132 trades, over 28 pairs, winning 128 of them. 2 of the 4 losers were mistakes on trade entries and
were closed and reversed. Those accounts were public when I traded them, taking a 100K real account to
over 330k in the process.

On another forum, I took a 50K account to 653K during a 24hr trading session and a 10K account to 63K in
one day....!
A live account linked to MyFXBook back when I first posted in this thread... 2 week period, 50K account to
361k with 90% winners!
Another from a small incubator account I started trading this morning while getting caught up on some post-
ings...
As stated, you do not need to know how to predict price to be profitable. My goal in not to make a perfect
trade, it is to make a profitable trade...

These and others have all been posted and the accounts linked live as i traded them... these and others are
still on the net...
Again, I respect your opinion, but mine differs greatly from yours.

-CJ-
Quoting simond2002
{quote} Yep, and that's why it takes thou-
sands and thousands of hours to not
only just understand how price moves
but to also experience the development
and progress of these moves through the
so-called "news events". Just like this
M15 breakdown of Cable for example.
Oops sorry, wrong timeframe. It's a
Monthly chart, sold to the wider public as
the "Credit Crunch". {Image}
Perfect example. Understand that when
price is moving higher, like it did before
the "news", they are "selling it up".... they
are not the buyers.... they must drop price
back below their average sell price in
order to close their orders, go flat and
make a profit. They do it quickly and vio-
lently, taking as few traders along with
them as possible. This is where they "buy
it down".... Just the opposite when price is
moving down.... they buy it down, then
push price above their average buy price
and clear their books at a profit again.
They do this each time they trap enough
orders in these "areas of interest", that
they create.
Once the profit is booked, price returns to
so called normal action....and the process
repeats.
And the talking heads keep on talking.....
From forexcrunch.com
http://www.forexfactory.com/resource...tory-quote.png
"Draghi delivered dovishness. He more than delivered and this dragged down the euro quite strongly. This
kind of message was not priced in, to say the least. Here are 5 highlights of what he said to bring the com-
mon currency to its knees and some levels to watch..."
All I can do is laugh, I guess it's priced in now....lol CJ-

Quoting Xela I agree. In fact, I agree with everything you've said apart from the fact you're "differing" from me. I sus-
pect you may possibly have taken me as having said something I didn't actually say - certainly nothing in what you've
said conflicts with my comments above.
Where I differ is here: "Nobody can confidently predict the outcome or price-direction of an individual trade, but
high-probability set-ups make it possible to predict, at least reasonably accurately, the overall outcome of 100 similar
trades - and in this sense successful trading is about the analysis of statistics and probability."
You can not treat trading the same way you would a game of skill, like poker, which has set probabilities of winning
the pot for each starting hand, when played properly based on table odds. There are a set number of cards in a deck as
well as limits on players at the table. In trading, there are no limits. I know and understand well the probabilities of
poker as I am an avid player. I know that the larger number of hands that you play, the closer you will come to
achieving the true probability of winning with each hand and variance is lessened. If you know anything about poker,
then you will understand this chart of my play. 8)
In trading, you can know direction of price but you must also know the intent of that direction. That is the key. Direc-
tion and intent.
I can not prove the statement wrong and it could very well be correct, but the variance involved in trading is much
larger than it is in poker. You are looking at the same setups across 28 or more trading pairs, different trading ses-
sions, different levels of liquidity, variance in the numerous bucket shop brokers and tons of other things, such as in-
dividual variance between floor traders themselves. All discussion is welcome, even dissenting voices.
Quoting zacorbul
Thank you for your answer CJ. Good stuff to munch over. I'll study the whole thread before I bother you again
with silly questions. Regarding the second chart, I had a small panic attack, looks scary as hell to me (I quickly
went to grab a beer to drown it). I guess when you know where it's going you don't sweat for trades like this.
{image}
Do you see that nice "LONG" rising trend line to the left? Do you see how quickly they cleared their books to-
day. It's like price marching up the mountain for days, weeks and months, and then BAM! Over the cliff it goes,
to a point low enough they can close all the sell trades they made on the way up. They work with limited capi-
tal the same as us and they have to go flat at some time to be able to reuse that capital.

While I make no trade suggestions to others or offer trade management ideas, I can say that I would "expect"
to see the bounce from these levels as they have trapped quite a few short sellers down in the pins.... depend-
ing on how traders react to the talking heads, they may drop again to trap additional short sellers then then
move price higher away from them. It's all about the pain factor and how much they can raise it. Kinda like
how you felt about getting that beer.

There can be consolidation, accumulation of orders but I expect price to move away from trapped short sell-
ers soon, increasing the pain, while they sell it back up a bit... it's after this next up leg, "if" it comes that I ex-
pect the downward express to begin.

Goldman tells everybody today - Goldman Deconstructs Draghi's Conference, Expects "Plenty Of Downside"
For EUR, Reiterates 0.95 Target

I told everybody 3 1/2 years ago... )

I've left 2 trades open for a bit on that pair to see if they will close out on a dip. And yes, there were stacked
trades down those candles. It's a small incubator account for a family friend who has no tolerance for pain.
Had it been my account, those would be full lots and the account would have doubled today. It's also about
trying to teach a young man to trade but I don't think he will make it on his own.

How much lower it goes before a meaningful retrace will be in part based on how many sell stops are being
set lower at this time. If those stops are large, they will take them in a minute and trap the short sellers there
before moving away from them. They will move far enough to hit their SL's or cause enough pain to force
them out.... then the train heading south starts to board.

-CJ-
Quoting srt
{quote} Hi CJ, Thanks for the lessons. On your sell stops (and TP) you have below the market, are they placed
at any particular price or just placed at certain intervals? Also, how do you deal with SLs when new entries are
added? Are they placed with an EA when orders are hit or do you place them manually? Where do you place
the SL if you have more than 1 position open? Are all SLs in the same place? Thanks
When I'm trading across all 28 pairs as I am today, I will use a quick pending order script and almost any will
work. This one happens to set stops and rolls each trade out after about 20-30 pips profit. It is set for 5 trades
but there are times, like before the "news", where I will set it to 10 or 12. You can adjust them to your comfort
levels. My comfort zone is hardly anywhere near any others here as I am a gambler and take what most con-
sider to be very high risk. I don't see the risk the same way most do. These scripts allow me to make many
trades without having to manually tend them. Trades placed in this manner are considerably smaller in size
than others I place when I am trading less pairs. Again, I look to generate profit from trades and could care
less about entry and exits being at "perfect" points. When I am trading a specific pair, say the EURUSD
mapped pair, I trade by the seat of my pants, with all manual entry and exits. Large lot orders are placed in
this manner. I will start with what I call an anchor trade, usually near or in the pins of a candle formation. I use
mental stops when doing this and seldom use hard stops. I then stack the trades at no set interval. These
trades are usually closed out at the 1st retrace and layed on again as price moves in its intended direction.
Sometimes, I will leave the anchor trade in place as I close out the stacked trades. Other times I take what is
given and close them all, including ones that may be out of the money at the time.
You can't trade this way because you don't have the same attitudes toward risk that I have. You see my trades
as most traders do, from this side of the glass while I look at them as if I am on the other side. This stacking is
nothing more than accumulating orders much the way the banks do it and I'll close them out and go flat sev-
eral times a day, based on pair price action.
I used to love brokers who did complete equity closeouts when you hit your margin limits. They would close
out ALL of my trades in profit as I had stacked so many trades I would hit the margin limit with any small pull-
back in price. It was like a global take profit. It was a good way to end the session. You can do this when you
have zero trades in draw down, using the building equity to ply on more trades and any small retrace cause
my limit be hit and the global closure sealed the deal. Several brokers have sent me "No longer welcome"
letters and sent me packing.... but my funds went with me. Some brokers welcomed my trades as their desks
traded right along with me.
To be honest, due to my wifes poor health, I have been an inactive trader for some time now but I've been
wanting to wade back in for some time. That's why I'm hitting all 28 pairs, and getting back into the mindset.
Understand that you do not need to make 28 trades across 28 pairs.... you do not need a 500 pip trend
move... all you need is one good setup, and stacked trades and you can squeeze thousands of pips from a
50 point move. Why look for those 28 trades when you have already found a winner? There are so many trade
ops each and every day it's unbelievable.
Another benefit of this is that I would receive a very, very nice trade rebate each and every month, never less
than 4 digits and many times into 5 digits. Anybody doing serious trading should be signed up with a rebate
provider... it is well worth it!!
I've got old screen caps that show a lot of this but they are spread across 3 laptops and 2 desktops, not to
mention several external hard drives. I keep everything and I take screen caps of patterns for latter reference.
Got thousands of them here. If i get time, I'll post some more but they are all on the net and for the most part
in public forums. There is some information that I did not bring from the private forum, where I made my home,
as it is proprietary to the content of that forum.
These pics should help you understand my madness. There were 5 trade progression sets over the course of
a day or so.....
The initial trade set had the SL moved down, locking in the profit of those trades...take what is given... price
moved down and hit TP and all trades booked for 15K....
2nd progression was set in place... Note the 15 lot pending SELL above the TP line..... price rose and hit TP, but
fell shy of this new anchor trade so I had to adjust it a bit for the fill. They did not surpass the pins of the 1st
progression, holding price at almost the same level.....
3rd, 4th and 5th progressions were trade the same as the 1st 2..... screen caps are here some place for those
as well, but they are not in the same location of the others... if locate them, I'll post them as well, but they are
no different....
This is how I trade.
These trades were taken from
patterns found on the 5M time
frame.
Quoting taomql4
Let me just say this " Just because a group of people (Academia) got together to say something , doesn't
make it TRUE.." like some one stated " It's impossible to predict Short term Movements .." Well , are U sure
about that ? Some Predictions on a 1hr Chart ...You have to do your own RESEARCH , People ..This is a sys-
tem I'm working on .. It's in the Beta Stage at the moment .. Went against it , twice and Payed for it both times
... And another thing , I wouldn't completely condemn indicators . They have their own usefulness.. Ask a
Group of...

Excellent work my friend and I wish you luck in your endeavor. It looks promising.

As for indicators.... they are like any trading system, or ea... ALL of them work when the conditions they are pro-
grammed for are encountered. In my posts, I use the analogy of a fox hunt to simulate what I do. Retail traders
are the hounds and the hunters, while the fox resides on the other side of your screen. The fox is the pilot of
price. Indicators and ea's are all traps. You can be a trapper, set your traps and wait for the cunning animal to
step into it and you profit when that happens. On the days that the fox hardly sniffs at the bait in your trap, you
go home hungry with no fox pelts in your bag. You play the same waiting game each and every day as the
trapper, reliant on the fox to walk into your trap. But alas, you are the one who gets trapped more often than
not and the fox easily runs away with your chickens in his jaws.

Now comes the mighty pack of hunters on horseback, with their dog packs who should easily be able to over
power this small animal. They have guns! They have horns for signaling and dogs for tracking and trapping....
much like a pack of modern day traders with all the fancy tools of their trade. Indicators and systems all de-
signed to locate, trap and signal when the fox is found.... but, like the trapper, they will be successful because
their tools, horses and hounds allow them to locate and catch the fox enough times to keep their interest up
in using those methods. All too often, the wily fox leads them down one path, only to step aside as they pass
him unseen, and back track away from them to his cozy den. Most times with the hunters chickens in his
mouth no less!. Again, you go home hungry and tired and missing some chickens.... but soon, the hunt is on
again!

Now comes a different breed of hunter... he is a predator. He does not set traps, nor does he use those packs
of dogs or stables of horses and he is quite, not sounding any horns to give away his presence. He knows the
fox, he knows where he lives, where he sleeps, what he eats, and where he craps and he always sees the
tracks. This predator does not chase the fox, he travels silently, with him, matching his each and every move...
right back to the foxes den! Sometimes arriving ahead of the fox. When the fox arrives, he has found that the
predator has already eaten all of his kits, and now he is taking the chicken right from the foxes mouth. What
can the fox do now? Nothing because the fox does what he does over and over again because it works! t
works over and over again, day after day, week after week and month after month.... until he meets the last
breed of hunter.... that predator who will be waiting on him, time after time, day after day....so on and so on....

Be that predator and quit relying on traps to feed your families.

You sir are well on your way to becoming that predator. Never let anyone tell you what you can or can't ac-
complish.

-CJ-
Quoting limprobable
{quote} Hello Captain Jack, All what you say about price was my intuition. But unfortunatly only intuition. So if i
want to learn nake chart, can i look in live a 1 minute chart to learn quickly? About indicators, i never trust any
classic ones (like MACD, RSI, etc etc (more thousand...) cause they say the same things and i dont like what
they say. But (there is always a but), some kind of indicators like fractals or quantum, i mean some indicator
that only indicate where price is (and no a calculation more or less complicated about different prices),...
Forgive me if I misunderstand you..... but.... there are no random graphs being generated within the Forex mar-
ket.

Sit back and try to understand how the charts on your screen are created. They consist of 2 axis... one for time
and one for price. We have time and we have price of the instrument. Time is constant, it is a given. Without
time, we would have one single candle on the screen within which price would travel up or down, confined to
the single candle. Time is used to index the chart, one candle at a time, based on the time frame you have
chosen to look at. The chart is paused for the given time frame period and a candle is created. In essence, we
are pausing time long enough to draw a candle and then we step one period of time over and create another
candle. The length of the pause is the time frame being used.

Now consider this. What are we actually measuring when we say "price"? What is the candle built from?? It
has to be something. When a mason builds a wall, he is using bricks or blocks. As he adds these building
items, the wall grows in size. But what are the items that create the candle? It's not money, there are no pen-
nies, pounds, dollars, euros or any other financial instrument. So what is it?

The candles are created by transactions, usually large ones. If you or I create a transaction with a buy or sell
order, we have a near zero affect on the candle. However, when all the transactions are summed or when
massive transactions occur, price moves up or down. That is why it takes a lot of transactions to move price
one "pip", or fractions of a dollar, euro, pound etc. But pips are not the building blocks of the candles that we
see printed. The candles are created by "ticks". Ok, what a "tick". Tick's are nothing more than an indication of
price movement. Price ticks indicate a minute move in price, either up or down. Ticks are what the candles are
created from. More ticks up in price and the candle grows taller, more ticks down and the candle is shorter or
it lengthens in the downward direction. So ticks are like the masons bricks, it is the DNA of the candle so to
speak. Also understand that a tick is not a unit of measurement, it is only an indicator of price movements,
either up or down. When you watch that tiny little tick chart, the price scale is another distraction and is irrele-
vant. Notice also that there is no time axis....the chart shift with each tick in price. That is why it is best to look
at this tiny chart during off hours..it shifts less than when massive loads of ticks are being generated during
say the UK/US sessions. The scale of the tick chart changes during these times as well, During off hours, the
chart is zoomed out and you see a larger portion of the pattern. During the busy trading sessions, the chart is
zoomed in and you see more detail, but less of the pattern. Make no mistake, the pattern is the same during
both sessions and it repeats just like a song playing on a player piano as the song scroll goes round and
round.

SPEND YOUR NON TRADING HOURS AND SLOW TIMES LOOKING AT CHART PATTERNS - YOU WILL SEE
EVERY ONE AGAIN!

Now consider this. Since time is constant, chart movement on the time axis is paused to construct this candle.
What's important about this? The longer the chart is paused, the greater the number of ticks required to build
it. Ok, whats all that BS mean....

We pause the screen once a minute to create a 1M chart, once every five minutes to create the 5M chart,
once every 15 minutes for the 15M chart and so on up to the MN chart or longer. Understand that these are
not separate charts, they are individual charts with images that appear within each time period, BUT they are
in no way separated. Reason being is that a 5M chart contains the same data, or the exact same tick informa-
tion as 5x 1M candles. The 15M candle contains the exact same tick data as 3x 5M candles which contain
the exact same tick data as 15x 1M candles during the same time period and so on up...

So a MN candle is constructed from and contains the following exact tick tick data from = 4x WK candles,
28-31x D1 candles, apprx. 180x H4 candles, apprx. 720x H1 candles, nearly 1440x 30M candles, nearly 2880x
15M candles, 8640x 5M candles, 43200x 1M candles and who knows how many individual "ticks" of price
data. The main point is they all contain the same DNA, if you will. This data is replicated within each candle
and it is the same throughout all of the candles.
Now, important point. The tick chart is the blueprint for all candles to come, across all time frames. The exact
same pattern that you see on that tiny tick chart is what you will see first on the 1M, next the 5M, then the 15M
so on right up to the very largest chat. The length of time that it takes for these patterns to appear on each
chart varies greatly, based on the period of time that it takes to create the given chart. Make no mistake about
this, and this is why charts ARE NOT RANDOM AND PATTERNS REPEAT ACROSS ALL TIME PERIODS.

This is true for every candle that you are looking at on your charts, no matter the time period. Each larger can-
dle contains all of the tick data from the amount of candles, from the lower time periods below it. This is how
your chart is created and this is how price can be and is predicted into the future. Why do you always get that
feeling, when looking at a chart, that what you are seeing is familiar looking? It's because you have already
seen it before, but because you are NOT LOOKING for this repetition in patterns, you are not actually seeing it
for what t really is. That is why there is so much distortion and distraction in this game. Everything you have
learned is designed to avert your attention away from this. It's nothing but a market filled with lies, distortions,
distractions and falsehoods. And 95%+ of the traders are victims of it.

You want to know something else? There are not always different patterns across the pairs, some have nearly
the same pattern but they are "shifted" in time making it harder to recognize. Want proof? Take a long hard
look at the attached images images, EURAUD and EURUSD.... you can't fathom how much money I made
from these images! So explain to me how the same chart pattern that appears on one, appears on the other,
during a different period of time? And furthermore, when you find these "twins", you can follow them continu-
ously! The same as I have followed the EURUSD price map for the past 4 years. They are road maps to unlim-
ited profit! Look at these images...go ahead and take a long look into that rabbit hole you hear about but have
never seen.

In this example, EURUSD is leading EURAUD and this is how I based the rather large anchor trade to begin a
long progression on the EURAUD chart. EURAUD was current at the time the image was taken and the trade
was just placed. This was posted live when I did it. It may be hard to see, but on the EURUSD chart, there is
an active trade as well, off to the right of the image. I believe the pattern appeared on the EURUSD chart, sev-
eral years before the EURAUD chart...this is the same pattern, only time shifted on the EURAUD chart. Consider
if you will, 2 satellites in space. You look into the sky and you can see the satellites, located at different lati-
tudes and longitudes, or different locations. If they are following the same orbital path, lets say a sine wave
type orbit, then each one will appear at the exact same coordinates, but at different times. You never recog-
nize this when you look up into the sky because you always see them in different locations, even though they
follow the exact same path. You never see it in your charts because you are always looking at some distrac-
tion instead of price and the thought never even crossed your minds if truth be told. Nobody see's it because
nobody is looking for it. This occurs across many pairs in this so called random market. But I "see" it!

So how did I do on that EURAUD trade progression? I probably made more money on that than I did working
the 1st 20 years of my mining career. That's no lie and I was paid well in my position.

Want more "less random than you thought" stuff? How bout these "Black Swan" events that pop up "random-
ly"? Well I say "Black Swan" is a code word for Bull Shlt! And yes, I can prove them wrong on this as well. Al-
ready done it with the so called "unexpected" SNB intervention. The chart patterns, which run continuously,
for-told this event MONTHS before it happened. In all honesty, it was probably there years. It has to be for the
charts to mature from the tick to the D1... AND ON UP THE TIME SCALE TO THE WK AND MN! You do under-
stand that if this is correct, the same type movements MUST be seen at a later date on these higher time
frames, correct?? So for every violent, large price move you see on a 5M, 15M or even a 1M chart, THE SAME
MOVEMENT WILL OCCUR AT A LATER TIME, ON EACH HIGHER TIME FRAME! THESE MOVEMENTS WILL BE
SCALED TO MUCH LARGER MOVES AS THE CHART TIME PERIOD INCREASES!

ALL THAT YOU WILL EVER NEED TO TRADE PROFITABLY IN THIS DUNG PIT CALLED FOREX IS GIVEN TO
YOU IN PRICE - THEY CAN NOT HIDE WHAT THEY DO, THEY CAN ONLY DISTORT, DECEIVE, DISTRACT AND
LIE ABOUT IT - DON'T FALL FOR IT!!!

I DO NOT ADVISE ANYBODY TO PLACE THEIR MONEY ON THE LINE USING THIS INFO - I BRING IT FORTH
TO SHOW WHAT THIS MARKET IS ABOUT AND IN RELATION TO THE TOPIC OF THE POST, THAT PRICE CAN
BE AND IS PREDICTED TO NEAR 100% ACCURACY. IF YOU CHOOSE TO TRY THIS ON YOUR OWN, YOU
WILL FLIRT WITH THE EDGE OF INSANITY - I KNOW, AS I'VE KNOCKED ON IT'S DOOR MANY TIMES ON THIS
JOURNEY AND SEVERAL TIMES THE DOOR OPENED!!
or those asking me to
"teach" you how to do this, I
just have. It's that simple.
Spend the countless hours
looking into the charts and
price as I have done and
you may just begin to "see"
the light.... unless you fall into
a rabbit hole and get lost
along the way!

One last thing, I don't spend

my time making these maps
anymore, they are not need-
ed to make profit, but they
are there.

Now I better get my pizza

out of the oven before it burns so chew on that while I'm gone.

-CJ-

I just wanted to show you

some of the trades that the
people in our group make
each and every day.... here's
one that just went from a
trader who's following the
Fox! Nicely done might add!
All you need is price!

How many of you see those

numbers of pips in a month or even a year??? Not very many I would wager

.
Quoting tashkent
{quote} great trading tips CJ, much obliged! it has been long time since have not read good stuff from veteran
trader. i just hope you will not reveal more than one supposed to. would love to hear a few words about man-
aging the losses and more about losses in general (and also the strategy when price turns against when fully
stacked)
I've already revealed more than was supposed to be, at least more than we were supposed to know, a long
time ago and my paranoia level remains the same. After all, these are the banks of the worlds nations we are
talking about here....think about it.
As for loss or trade management, I can not teach you how to manage your order placement or losses be-
cause you have a different view of risk than I do. We are all individuals and we have to each find a way to in-
corporate these findings into our own trading styles. In time, your view of risk and order entry will change so
no matter what I say now, as your trading evolves, so will your attitude and actions toward trading.
For me, when I enter a trade, I look to enter in the "pins" of a candle, at a reversal point. I don't always do this
now, but it was how I began. I would place the initial trade here, with a tight stop, mental or hard, 10-15 points
above the pin extreme. These "pins" on top and bottom of the candles are where they trap traders into the
wrong position. RRT or rail road track candle patterns were a favorite. The candle patterns also indicate a "W"
or "M" formation on the time frame below the one you see the RRT. You will never get a trade in at the very top
of the pins because spread is widened here and they are scalping pips off every trade placed by traders in
doing this. Not to mention trapping and accumulating orders to go the other way. Anymore, I'll take a trade
entry anywhere I recognize it. I will add or stack my orders all the way down or up the move, sometimes using
scripts to fire multiple pending orders and other times manually. I mostly use the scripts when trading many
pairs, like all 28 and during "news" events. If the initial order was wrong, I will know quickly because a new
high will breach the "pin" top so there the trap no longer exits. It can happen if they didn't get enough order
flow trapped and then they will make a 2nd effort to trap volume before the reverse comes. In that case, I take
the small hit and wait because the trap will be set and I'll be on my stacking way.
Understand this when I say the goal is not to make a perfect trade, it's to make a profitable trade. A losing
trade is more profitable to you when you cut your loss as early as possible...that's 10-15 points for me. When
you let your trade drag you into a DD situation, you will more than likely drop it at a far greater cost to you. Or
as many do, get a margin close out on an underfunded account. Leverage is a double edge sword, it cuts
both ways but it's most deadly to underfunded and over traded accounts. You will know when you are right
and have placed the proper initial entry. And you will know that they have started their "payoff" phase or re-
versal at that time. Once put into motion, they seldom change it, UNLESS they need more orders and they will
trap again. This is when you add orders or stack them.
Stacking can take any form you like. You may want to add at each S/R level on the way down or up, fibo lev-
els whatever. These levels are created to bring both buys and sellers together at a common location to in-
crease transaction, thereby allowing a greater move in price. a 50 pip move can double your account in a day,
done properly. You have numerous ways to protect your trades, same as you do know. In one of those trade
examples I posted, you will see where I moved my initial stop down to lock in the free trades above it. No mat-
ter what happened, they could not get that back. You take what's given and never give it back. I closed all but
one trade in that progression for profit if I recall and the last trade entered before the reversal was tossed out
at a loss. Move to the next one....it's always there. Let's take the example above, the trader, who is still learning
this, entered his trades an entire level too soon. He had sufficient funds in his account and a risk appetite that
allowed him to wait for price to return after the 3rd level rise. the 3rd level up or down is the key entry and he
was early. I would not do this but this is within his comfort zone. I'll annotate the chart as I did one long ago to
illustrate the points.
This is how I would do it.... fit your trades into your comfort zone and adapt as your trading evolves.
To accomplish what stacking did in the above, you would have to have 37 WINNING trades across how many
charts and you still wouldn't get the profit level you do here.
WHEN YOU ARE RIGHT - KICK THEIR ASS! THEY WON'T MISS IT AND THEY CAN'T STOP IT!!
That is unless your broker is keeping your trades in house, then you're getting a letter like I got and out the
door you go. There are also brokers out there who will copy your trades and ride your success....these are the
ones you want. Global Prime Forex in Australia is one who does this. If you are interested in trying them out,
ask for Jeremy, he is a co-manager and I know him. FYI, I receive nothing from any broker. I don't need it.

In the end, how you manage your trades are like your trade selection, totally up to you.

-CJ-
Quoting Atokys
Alright, this has gone on long enough. Predictive approaches are only feasible in scalping where trades are
held for several seconds on average. In speculation, especially if you wish to forecast long term price move-
ment, it is not possible to predict price with certainty.
Maybe you are right. Instead of predicting price, let's talk about "unforeseen events"... the "Black Swan" events
that NOBODY can see coming. Isn't that the acceptable norm?? We all believe that right?? Oh wait, YOU all
believe that. That's better. So how about that SNB intervention? Wasn't that one of the all time biggest? How
much wealth just vanished into thin air? So many people with busted accounts, so many business failing. And
NOBODY saw it coming.....
LIAR, LIAR...PANTS ON FIRE!!!
There were several reasons I pulled ALL of my funds out of forex and moved them to safe havens but the
main reason was a decline in my wife's health and less chart time for me. There was also concern for trou-
bled times ahead and I wasn't sure how well protected my brokers were to put it bluntly. After losing nearly a
six figure account to that ************** at PFGBest, my opinions of so called "safe" brokers had changed.
So let's get right to the point here....after hearing so much about this, I thought I'd share something with the
traders I have known for
years. Black Swan events are
all BS! Plain and simple and
the charts prove it. In the
context of what I have been
saying, view the charts and
make up your own mind. If
what I've been saying is any-
where close to true then
there had to be a pattern
showing the effects of a ma-
jor event within the charts,
many months ago. If I told
you that you were warned
back in December of 2014
would you believe me? No
F'ing way would anybody, much as people cannot wrap their minds around this and accept it for what it is -
the truth. As a matter of fact, these warning came much earlier, I'm using this one from December 2014 cause
it's so nice. Sweet Jesus, how I love my charts!

Here it is in all it's glory! The preview of the SNB intervention BS event. December 2014 5M chart - one year
before the event. Guess what happened when my little girl grew up? -CJ-

Quoting Atokys
Alright, this has gone on long enough. Predictive approaches are only feasible in scalping where trades are
held for several seconds on average. In speculation, especially if you wish to forecast long term price move-
ment, it is not possible to predict price with certainty.
Ummmm, wait. Does the 4 year time frame prediction of the EURUSD pair here not count as "long term"?
You're killing me now, mate...lol
You must have also overlooked the fact that I had this mapped out to 29 stopping points on that price road
map. They far exceed the 4 years on the plotted points shown... but that wouldn't matter to you either...not now
nor 5 more years from now when actual price and plotted price match as one, would it?
Quoting TheQuant
I'm new here and I think I come from a different viewpoint from many here. I have been fortunate to have ac-
cess to IB level financial data across many exchanges. While I will note that price is subject to microstructure
anomalies, all evidence I have seen clearly shows that on large (1 second plus) timeframes spot FX prices are
essentially geometric Brownian motions (perhaps with jump diffusion/local volatility/excess kurtosis). If one
were to take close data, for example, on any timeframe and define a function u(t) where u(t)=0 if the X(t)-X(t-1)...
Just as I've stated, you don't need to predict it to profit from it... I've done it to make my point that I can do it
using the methods described. You, a learned man have "almost" just confirmed it....
Key words "correlated product on a lagging time scale"..... I use smaller time period charts as correlated prod-
uct to themselves when applied on a higher time period....the "laggard". Thank you!
Quoting zacorbul
Ignore him CJ, he crawls threads spouting stuff like that... When you take on all 28 pairs, do you use what you
taught over at steve's and just browse tf's for a match, or do you use something else ? Trades across 28 pairs
in a day...that's hard...
I got no problem with trolls, their fun to fool with...they always end up showing their level of intelligence and or
of lack of it.

Besides, it's up to him to refute and prove wrong what I've shown and stated....

-CJ_

Quoting VaBikePacker
Captain Jack - thanks kindly for the con-
tribution here. I've been a "student" of
reversals as you describe for some
time...very good info to add to the quiver..
It's not easy to accept the predictability
of the market initially. Once you allow
yourself to look beyond what everyone
says, you'll be surprised by what you
find.
If you trade the reversals, those "pins"
are the key.... guy nailed his exit on
those trades in the previous chart...knew
the retrace was coming but chose not
to trade it.... not perfect but profitable for
sure...
Quoting TheQuant
zacorbul: statistical arbitrage does not seek a market direction. in the options world, selling premium is also a
good example. luckily, volatility is certainly mean reverting (statistically and should make sense logically). good
current example is the amount of premium priced into spy despite the beta on qqq. captain jack. i hate the
term black swan. it is meaningless. if you have a distribution with excess kurtosis as we have observed, the
notion of a 6+ standard deviation event is not impossible to see in our lifetimes (and we have). as for seeing...

To be honest, I take what you say as believable within the rules of science and math. I have no scientific basis
to dispute it nor do I seek to. Thanks for the offer to discuss your model but it would be lost on me.

No matter how much technology and science has evolved, no matter how powerful computers are, they are in
the infant stage of facial recognition...facial patterns. They still lack what we can do as humans... pattern recog-
nition. Some pattern recognition systems already work for forex, like harmonics. They work within the laws and
rules of science and math and they find patterns over and over again because they are based on certain ra-
tios with accepted deviance. They find the small butterfly on say a 1M or 5M chart because it fits a pro-
grammed set of rules. They also find this same exact pattern, on the same pairs higher time period chart,
which turns out to be a much larger butterfly. This works because they use ratios and as long as the ratio be-
tween plotted points remains within the accepted norm, they will find the matching small, medium and large
pattern on the same pair when they are printing. In a way, they can confirm what I'm saying. BUT, like any indi-
cator or ea, they are only programmed to see a finite set of data...

Perhaps you could take a tick chart pattern and measure the ratios between peaks, valleys, length and width
of the pattern, and angles then scan the charts as a harmonic indicator does looking for a match.

-CJ-

Since nobody mentioned the 5M chart from Dec.

2014, with the warning for the SNB intervention, I'll
continue with it now.... Pattern recognition at work.
There is no continuation to the event on the H4
chart because when you bring the drop into the
pic, everything to the flattens to a line with a chart
scale change.

-
Quoting the redlion
{quote} humans have a tendency to see patterns where there are none, hence clouds can look like horses.
Superstition and God believes are highly prevalent in our societies.
Very true, however I don't see
dead people, I see patterns.... and
you know what... you see it too
and now you can get it out of your
head.

Spot on 100% accurate...from tick

to maturation on the D1... haven't
look for at the WK or MN on this
one yet.... haven't needed to.
Quoting the redlion
{quote} I fail to see how Banks
care about traders, when "tricking"
people... we are talking about a
country's currency here right? the
Trillions of Dollars that are trans-
acted, in may different ways. I also
fail to see spot fx as a purely
speculative asset class.
The banks are the T-Rex's of this
game and could care less about you and me.... but there's plenty of raptors out and about....looking for a
meal....
But they will devour hedge funds and brokers with impunity.... millions and billions there....
Quoting the redlion
{quote} your description on how candles are made is spot on but then you go into woo woo territory, what
appears more likely to me is the following: once you convert eurusd logarithmic returns of the one minute
chart (pick your time frame here which works exactly as you said by snap shot of transactions , liquidity etc)
then you turn that logarithmic data into binary data of +1, -1 each time a candle closes above/below open
(regardless of deviation, we are purely formulating a binary / coin toss like data), you will have an underlying
drift = trend...
I see the Mona Lisa in all those -1's
And how do your calculations explain the GBPJPY tick and D1 charts? Do you think that a one off anomaly?
It's not....

Let me throw some more crap into the hopper.... these patterns are not a one and done on the lower time
frames.... do you think that tick chart tells an endless, ever changing story? It doesn't it runs the same patterns
over and over, in a loop building the active candle patterns on the charts.... YES IT DOES... IT IS THE BLUE-
PRINT FOR THE BUILDER
Why do you think they make it so small and nearly invisible???
It's not me that you are trying to convince here friend, your world of forex has been rocked and your trying to
convince yourself this isn't true... yes??
Noting will ever convince me that this is anything other than what I'm showing you folks here. It's not for my
benefit, it's for all those people trying to eek out a better life for their families but instead, they are losing mon-
ey they can ill afford to lose. And you know what, it's working for many as I could fill your inbox with letters
from people all over the world who are now seeing this for the 1st time. I could travel the world and never
have to pay for a place to stay if I visited everybody who's offered to buy me a drink and a bed at their house.
Wealth is not measured by money alone. You can't put a price on something that you do for somebody who
can never repay you for what you have given them. That's why I do it. Money can be made anytime, that's a
given.
Nothing more and nothing less

-CJ-
I want to be very clear here and I want you to know that of the thousands of people who are following this
and other forums, NOT ONE SINGLE PERSON HAS BEEN ABLE TO TO THESE PREDICTIONS!

Several have tried and some had some success, but in the end, to my knowledge, I'm still the only one who
does it and I no longer do it to aid my trading.

That is why I advise everybody not to attempt to do this.... I know what it took for me to reach this point, and I
know there's nobody out there that's going to do the same thing... I know because the requests are for the
"quicK, "easy", "fast", way of doing it. I did this while I was working a 70hrs a week in a coal mine, commuting
140 miles a day to that job and taking care of my wife. Do you think that was easy??

If you want fast and easy, it's on EBAY for $97!

-CJ-

ho ask for the stack and protect example.... here's a better one from older days.....

-CJ-
This is what you should
be studying, not price
prediction....

-CJ-

Quoting LearnAlways
{quote} Hi Captain Jack, Do u mind
explaining what does the no. 1, 2,
3 means on the chart? I want to
learn, thanks. Thanks & Best Re-
gards, LearnAlways
Their count on the levels, which
occur on the 3-5 day price cycles...

-CJ-
Quoting simond2002
{quote} Hey CJ, I'm interested to learn more about the "intent" element. Direction I totally get. But intent? If I'm not mistak-
en I think you refer to the levels/pa that the market movers make as "tracks"? I refer to them as "footprints" but I think
we're talking about the same thing more or less. I understand that unless I trade in harmony with those footprints it's
"curtains". Take today's EURAUD H4 for example. It's "after the fact" I'm afraid but illustrates the point. The original H4
supply zone/track/footprint tells us that selling interest...
Basically yes, but it's really all about the levels and where you are
in the cycle. That is the key. Once location within the cycle is
known, all "intent" is known as well. You use a H4 chart so I take
you are trading on that period. What is important is to check the
time frames above and below your trading period... there could be
an underlying cycle that you are missing or you can get a better
overall picture of that cycle. Take a look at these charts.... One is a
line graph that filters the distortion and will help you see it clearly.
That pair has completed a WK 3 level rise and release. In line with
the coming drop in the EUR pairs, we can look for a 3 level drop
and release on the WK time period.... many weeks of trade progressions lower as well as CT's.... yada, yada,
yada.... lol

Its hard to see this on the H4 for the added distortion. Remember I said they can try all they want to hide this
but they can't when you know what to look for, and yes, this is the trail right into the Fox's den.... this is what
we want. This is where those "pins" are gold at spotting the stopping the reversals on the way down... as well
as re-entry.

It's really pretty clear when you get the hang of it.... when
level 3 has been attained, longs are enticed and trapped...
the "M" usually forms.... it's there. Once this happens, if there
order book is full, you could have a straight release down to
level 1 drop.... or you can have a stop hunt below the highs,
to add more orders and trap additional longs up top... some-
times they double dip...it can be a 2nd, smaller "M" that
prints higher than the 1st...always higher cause its the bait to
trap the longs.... or in this case, hit the stop hunt area twice...
then they drop price away and leave all the pain at the top....

You can make some trading plans on this pair for the future "if" the EUR drops, but since nobody can predict
the future with certainty, I guess we will just have to wait and see if the if we rip some chickens from the jaws
of that ole Fox now.

-CJ-Quoting Mag357
Why should a pinbar, a railroad, a M or W pattern (I guess they are like double tops and double bottoms), be
more reliable than any other chart pattern or indicator? If it is true that price is manipulated, and probably it is,
why should a pinbar be a safe place to enter a trade since a lot of people is in love with pinbar and love to
place their stop behind them? It doesn't make much sense to me. Please clarify. A pinbar to me is nothing, if
you zoom into a pinbar you can see an impulse and a retracement, a slow opening and fast close, a fast en-
try...
It's not just any pin, its a pin in the right spot.... RRT's are indicative of an "M" or "W"... pins low is a "W", pins
high is the "M".
It is the "M" and "W" at the peak high or peak low
of the cycle, which indicates major reversal.... it's
the ground floor.... or the penthouse....

Longs get trapped in the topping pin bars high

and shorts get trapped in the low ones... price
never returns to those pins because it would
allow the trapped traders to close their orders...
check up on trapping volume if you will....

-CJ-
Quoting Mag357
Why should a pinbar, a railroad, a M or W pattern (I guess they are like double tops and double bottoms), be
more reliable than any other chart pattern or indicator? If it is true that price is manipulated, and probably it is,
why should a pinbar be a safe place to enter a trade since a lot of people is in love with pinbar and love to
place their stop behind them? It doesn't make much sense to me. Please clarify. A pinbar to me is nothing, if
you zoom into a pinbar you can see an impulse and a retracement, a slow opening and fast close, a fast
entry...
Are you sure we are looking for the same things here? Cause a pin bar sure means something to me

-CJ-
Quoting Atokys
{quote} I agree the tone was quite strong. Don't take it personally, im always addressing my posts to the aver-
age poster whose conception of trading is to grab as many pips off the 1 minute chart before lunch. If I man-
age to shake up their settled beliefs then I think the tone is warranted. {quote} Thank you.

Here mate, this is just for you. Since the thread is about predicting price and you are a die hard non believer,
which is ok, it's also about repetitive patters, which are predictive in nature, but forget that part..... I'm gonna
share a pattern I adapted from my equities trading years. Jim Bulkowski wrote about these in his books on
candle patterns on stock charts so I just adapted it to my forex trading. I call it BARF!

BARF stands for Bump And Run Formation - it is a price/volume exhaustion pattern that is easy seen and pro-
vides R:R trades of 20+ I made my bankroll with this.

Basically price follows a lead in trend line, with average to low volume. Then price BUMPS up with higher vol-
ume until exhaustion sets in and it price will either return to the lead in line, test and continue or break the
lead in line and continue it's path...
very, very profitable!

-CJ-
Quoting Mag357
{quote} Pinbars are all over those charts, and many gets taken out. How do we identify the right spot to search
for a pinbar (or railroad or M and W on other timeframes)? Picking a few trade examples out of thousend of
trades is not reliable, I am not saying that you can not do this, but me personally do not get enthusiast quickly
and to believe something I have to see it with my eyes day by day live in the market and not from past charts
and past trades because my brain would fit my perceptions with my beliefs.
Would a few hundred of those trade examples help you ?? I have plenty!
It's all about the levels and cycle that price travels.... but seriously, the thread is deviating away from the topic.
A lot of what you are asking about is already covered in detail elsewhere...

This is the key that you may be

missing! Where are the impor-
tant pinbars? At the peak
highs, at the peak lows and at
the retrace points...
I do understand what you are
saying but you really should try
trading them on demo so you
get a feel for what they are,
which ones to enter on and
how they form and act. In gen-
eral, when you see the pin
bars flipping over from the tops
to the bottoms or bottoms to
the tops, its a sign of reversal
and they are trapping traders
in those pins...
Some days I hate looking for any setups and
just go out and play....

-CJ

Quoting dvdsurplus
I think that while it's random, there are proven
points of resistance and support that show sig-
nificance. Breakouts or false moves can be pre-
dicted around these areas. It's about making
trades with high probability. It's true that you will
never win 100% of your trades no matter who
you are. Find a strategy and stick to it.

Those areas you speak off, which I refer to as

"areas of interest" are created by those who
pilot price and not the traders themselves.
Many are actually false S/R areas and they are
created to pull both buyers and sellers to an
area of common interest, whereby a greater
number of transactions can be created, allow-
ing price to move greater distance in a more
rapid manner... Transactions are the fuel of
price movements.

-CJ-

_
Quoting ragl
BARF indeed Captain Jack!! I couldn't resist having a scan of the EURUSD chart to see what I could find, and
lo and behold: {image}
Yeah...kinda like that... it has a little bit of distortion at the top, but they may not have had the orders to run the
HH or highest high to the center. You will usually see a new High (H), followed by a Higher High (HH), and then
the Lower High (LH) confirms.... when you draw the bump trend line, draw it from the bump start to the low
point of the topping action....like the dotted line I added to your chart.... Confirmed entry is a break of the bump
trend line, but if you recognize this, as you did, stick the order as high in the pins that form during the HH...then
10-15 pips above the pins are your stop..... ride it to riches! Nice 1st find.... they are all over the place!

Yes, that's a "stacker" set up as well... you have it right and you make them pay!

Note the angle of the lead in trend line, most are around 30-40 degrees.... they will nearly all look the same!
Here's a little more info on that pat-
tern that explains it in greater detail. I
used it trading stocks and brought it
into my forex trading. MT4terminal
has an angle tool.

http://stockcharts.com/school/doku.p.
..ersal_reversal

BARF's form to the downside as

well...keep looking for them too...
same thing....

-CJ-
Quoting Davit
{quote} agree 100% in your statement however retail traders positions insignificant as far as what brokers do
with that info. I studied this subject closely.Price does not move against retail positions because they have
strong positions one or the other way.It moves because MM,Banks move it.Its a fallacy that price moves con-
trary to retail because house wants their money. Market is too big to move price by Oanda or any other
broker.There is no statistical data that one can prove that's the case. I have shorted GU when GU was at 1.70
last year and...
Think so.... they can't move the market but they use "lack of liquidity" to explain a lot of price spikes within their
feed.... something like these stop hunting bassturds. Those are 60-80 pips spikes.... and that's done in house.

-CJ-
Quoting bmac
{quote} This is an excellent explanation and analogy. It's in the dna... I love it. Thank you Recently subscribed
to the forum. Cringing at the task but looking forward to the rewards
I've been doing this for years now and they are trying to make it harder. Here's a few old shots of what the
MT4 tick chart used to look like....now they let you see less than half of that... some good external sources out
there for tick data as well as some MT4 scripts that will create a tick chart of normal size....

http://www.netdania.com/Products/liv...anceChart.aspx

Patterns are changing as well...gone are all those whippy back and forth stop hunts they used to do when the
"news" hit the wire.... now they are just a straight up or down move....

Just more distortion and deception.... but what they are trying to hide is still there....

Quoting simond2002
{quote} I agree. S/R has been totally mis
sold in my view. But even Supply and
Demand trading (or way of looking at
price), which came along and seemed
to be the saviour of those lost in S/R
has been misrepresented in my experi-
ence. So yeah, a lot to learn, a lot to un-
learn. Few people talk in straightforward
terms about "direction". But I think once
the fog clears where direction is con-
cerned, S/R and S/D start to come to-
gether in a much more coherent way.
"Intent" I'm still struggling with. What in-
trigued me about the trades you've
shown is the...
Direction is usually easy.... is it going up,
down or sideways....
Intent is the "why" part of where direc-
tion is taking it.....
Take the BARF pattern.... you always
know direction... there is a lead in trend
line price is traveling.... easy!
And you always know it's intent..... accu-
mulation during the walk up, selling it up
during the bump.... and buying it down
during the payoff, where direction
change is easily determined....

You know it's direction and it's intent the

entire pattern.... that's why it's such a
money maker... you are trading with the
Fox and not against.

About my trades.... I stated that I'm no

trapper.... I don't set a trap and wait for a certain set of conditions to bag my prey.... I'm a trader with a predatory
nature and I am always hungry... I go to the trade, wherever it is.... and I kill it. I don't use stop losses because I
expect to end + on every trade I enter, 100% of the time. If I make a mistake, I make my loss as profitable as
possible with an early exit, move to the next trade with the same aggressive attitude.

It's hard to explain somethings to other traders because my reality is their fantasy... what exists and has effect
in my reality has never existed in theirs.

-CJ-
Quoting jmn5611
{quote} I think what Cap'n is saying is that wicks tell the story of intent. If the IT's are buying, they want to push
price down thru some known areas where retailers will get short. BRNs, Prior lows, fib levels, etc. But the wicks
do not lie. If you see candles with long wicks down then they intend to push long at some point. The long
name for a pin bar is Pinocchio bar. It you see a long nose down, then they are lying. Buy. And vice versa if
short. Put that together with known price patterns and you have the framework for making a lot of money....

Good explanations there, thanks for the input. There's another indication that those pins point to a turn...they
widen the spread during the formation of the wick. Open up an order box and you can watch it.

You won't find this stuff anywhere but from me and those who are studying the methods if you call it that. I
started it on a private forum and decided to move it out to the public forums. There's some mirroring of the
info on some Polish forums, I know because they ask for my permission, which I had no problem with and
there are some Skype trading groups that I know of. Those are mostly small groups of people from the forums
who get together and trade. But none of them are involved with price mapping. They work the levels and look
for the tracks and some still post their BARF trades. It's all that's needed. You find one trade entry, stack some
orders and you're good. When your right, milk it and then take what they gave you before it's taken back.
That's a pretty simple plan that works.

-CJ-

Quoting venividivici
{quote} CJ in regards to the
widening of the spread being
visible on the tick chart, how
long would this pattern last for
us to know the pin is reversi-
ble?, would you be looking at a
daily, 4HR or 1HR and have the
tick chart open for how long
before you got in? thanks a mil-
lion.
It's visible in the order box, not
the tick chart... they will hold it
that way for as long as the buys
and sells are flowing in.... those
are areas of common interest
for longs and shorts.... and they
are skimming pips off each trade.

I would imagine that you would have the time period open that you are trading on... and there's no set rule for
when you get in. Watch em and trade em then you get the feel for it. I get it in when I think they have pushed
it as far as they are going to... if I enter and they push farther, I'll add another order each time they push it.
When it's done, I know they aren't going back to release any trapped orders so your SL if you want one is 10-
15 pips beyond the pin. If it's a pin high, then the trapped orders are longs who got in late on the price run
up... nobody's shorting into the run up except the MM.

Understand that when this is forming, you are seeing a solid candle. They may pull back a bit and start expos-
ing the wick but they still have to sell the lie of price continuation, once the wick appears, they won't go back
up unless it's to lie and extend a little further, enticing more orders in the wrong direction. Most of the time
they have already hit the stops... unless some dumbo throws something else out their just above the top,
they're not going back. They do this over 2 candles as well, creating the RRT's.... sometimes they push the 2nd
candle a bit higher to sell the continuation lie and you get a 2nd chance for better entry. It's a gift when you
get it.

Don't forget if it's they are topping out with an "M" formation then you have to be careful with your stop if set
due to the 2nd leg of the "M"... sometimes I'll take entry on 1st leg, take profit at the "V" and enter again on 2nd
leg... lots of things you can do up there...

-CJ-
Quoting the redlion
{quote} here is where you lose all credibility.

I came here with no credibility to begin with and further more, I'm under no obligation to provide credibility to
you or anyone else. My results are credible and they have been proven and verified, time and time again by
hundreds if not thousands to people over the past years. As a matter of fact, you might even say the results
are incredible! They stand the test of time.

I have asked you to use your scientific and mathematical formula to disprove ANYTHING I have said as well
as the examples I have posted. You have failed to do so, only bringing forth your opinion of disbelief and an
attack on my credibility. I, on the other hand, have posted examples of long term price prediction (verified), pre-
dictive chart patterns (verified), repetitive patterns across all time frames (verified), tick chart to D1 and beyond,
pattern maturations (verified), trade examples, and have answered nearly every question posed to me. All veri-
fied with credible results, now as well as over the past years. You have provided your opinion of disbelief but
have disproved nothing, so in the end you have no credible results to show us.

It is your own self doubt that leads to your attack on my credibility, as I stated earlier. Again, I was correct and
your attack confirms it.

I thank God I'm not confined by the reality in which you reside.

-CJ-

Quoting the redlion

{quote} You and I have differing opinion on the market... the claim you are making is that the market is predict-
able, especially candle stick patterns. I went down this rabbit hole before, and let me tell you ... to all the trad-
er's here that claim that there is "more than one way to skin a cat" is like people claiming that beauty is
entirely subjective. There are many different methods to do x, however there is usually underlying reasons why
those methods are used. There are optimum strategies. Let's begin with predictability vs Randomness as this...
Well, I was working on quite the long reply here when the blue screen of death struck... now that is random. So
I'm just going to make this a quick one an address a few things....

Yes, we differ on many things yet we have common ground on others. That is our individuality as humans
based on the illusions we create of our reality...more on this later.... While many people visit their illusion of a
rabbit hole, I live in the illusion of mine and no two rabbit holes are alike. If they were, we would have the
same shared illusions.

The perceived weakness of candle stick patterns due to different broker time frames. This we are in total disa-
greement. Back to building the candles....it starts with price ticks. The worlds currency market do not have dif-
ferent start times as brokers do. The world markets run 24 hours a day, generating the price ticks which build
the candle. It makes no difference when your broker begins to print the candles, the underlying price ticks it
uses are identical to the ones every other broker uses unless the broker is interjecting additional ticks. The
images you see are different in appearance only because the broker has decided that you needed to see the
data at a later or earlier time than another broker. The ticks are the same. As long as broker A and broker B
use clean tick data, provided by the worlds markets, the candle patterns will be the same and repeat across
each brokers charts...as I've stated. BUT, the appearance of one image will differ from the appearance of the
other due to delay or early printing. Within each broker, the patterns will still repeat because the construction
process is the same. Based on your assumption, you are saying I could not find repetitive candle patterns
within each brokers platform. I would find repetitive patterns on both, just the same, because it is still pattern
recognition. The fact that the image on the glass is different between brokers, while true, makes no difference
in recognizing the patterns of each.

Now I pose this question to you.... Will the pattern that you see on the tick chart, match across ALL broker plat-
forms, irregardless of the brokers opening time, if they receive the same tick feed data?

-CJ-
Quoting Davit
{quote} Thanks CJ likewise to you! I had a kind of revelation moment 3 months ego when something deep in
me just flipped and light bulb went on. Mainly from waiting for price to hit certain level to follow the price. For-
mally I would wait for right time to strike but now I strike whenever its moving...difference has been
rewarding.Not spending lots of wasted time waiting for "set Ups". Not that its not the right thing waiting for set
ups but my account profits tells me importance of this differences. In essence price is always in motion even
when...
Been there in much the same way. I started as everybody. Bought stuff out the ass, books, ea's, systems.
Countless hours in the forums, soaking up info like sponge. When it was all said and done, like others, numer-
ous busted accounts, short periods of success the throw more funds in and no progress being made.
It was only after I tossed all the crap and started making my observations, spending hour upon hour looking
at charts and patterns, that it started to dawn on me. I would see something and think, no this can't be right...
not supposed to be that way. But as the time in the charts increased, these "things" were being confirmed. It
was during this time, while a member of a private forum, who's owner was developing a new type, neural net,
that things really came around. I started using tools that worked with equities and adapting them to the faster
market that forex is. This is when I really concentrated on using only the BARF exhaustion pattern as my only
trade setup and my bankroll was growing... As conviction and confidence grew, I started the stacking of orders
on these super high R:R trades... and they bankroll grew much faster. The trades ran for days. Using noting but
a simple price/volume exhaustion pattern, I had become what I would call successful. One repetitive pattern,
with a set of defined rules... "One ring to rule them all..." lol
Anyway, we were testing this neural net signal service that was being created, There was one version that was
fantastic at spotting trade setups. It would toss out an entry zone, SL area and 3 TP areas. It was really decent
and should have been marketed then, but you had to use a member created utility to print these "zones" on
your chart. It's still in development but the last time I saw it, it was untradable. Otherwise it was just a lot of
numbers which most people had no clue in how to use it. As I was monitoring the charts for BARF setups, I
began to notice that this signal was hitting a lot of the the charts I was looking at, and it was actually targeting
the BARF or should say the same conditions. The net took a lot of things into consideration, but it's best sig-
nals basically turned out to be BARF patterns. I always left the signals on my charts there to help other users
who were struggling with the signals that were being sent. In time, I could actually tell the programmer what
it's next signal was going to be and on what chart it would print. His net was "seeing" the price/volume ex-
haustion pattern, not with eyes but by the formula that had been programmed into it. I was offered a position
with them for development but declined. It was from that forum that I left and basically started on the public
forums. The private forum had nothing there to keep my interest any longer.
I take tons of screen shots and save them all... and review them from time to time. You see a lot of those here.
About this same time, my wife, who could still do all the things she did before her sickness, started to have
falling spells. Her bones were weak and twice she fell and broke ribs. It was a hard time for us, and decisions
had to be made about her care. I was not going to shelf her in a nursing home. I had also continued working
on a lot of the stuff that I've posed here. And it was becoming much clearer. The "light" was and had been a
steady flicker for some time now, but then. It came on brighter than it had ever been and I knew... it's never
went back off. This is when I really began to "see" and take my trading to a new level via different means. It
was also this exact moment that I new I would be retiring and staying home with my wife as her caregiver. I
cried like a baby that night. Once again, God provided for us what we needed and was never even asked to
do it. Praise the Lord!

It was a life changing event for us. That is why I try to share info in hopes somebody else will "see' the light
and change their lives as well. From the emails I receive, many have and that makes it very worth the effort.
You know when I say, that once you "see", you will never be able to "un-see" after that moment. The switch is
on and it doesn't go off.
As you can tell from some of those charts, I don't always look for a setup... I trade where there is profit to be
made. This would be the "reacting" to price as you put it. Shorts after longs, after shorts.... either way, doesn't
matter.
Those ranging periods come about at times, by the MM holding a major while they work the minor or exotic
crosses in the pair. Or minor and exotic crosses are held while the majors are worked. Price is always moving,
just at different lengths and velocities.

And there is a "rhythm" to the trades... you can almost see it at times.

-CJ-
Quoting Kong
{quote} Cool... I laughed when you were said that your results were "incredible" Sorry.. They're not.. Even if they
were real
See, even a person like you received something from the thread! You're welcome, mate!

You want to know what made me laugh? I was told a long time ago that the FF had become the cesspool of
forex, and now I've had the opportunity to actually see a turd float to the surface! Hahahahaha!

I guess I owe you a thank you too for your contribution, well done!

-CJ-

Quoting forexdave1
CJ, in my studies, I have found that price typically returns to these Pinbar/whipsaws/stop hunts. Especially on
my 1HR GN. Why is this and how can I best use it to my advantage? {quote}
Because they are all falsely created areas, designed to draw the largest numbers of traders into a common
area of interest... this way, a greater number of transactions can be created and it's transactions that fuel a
price movement...

If you are a hunter and put meat on your own table, it's no different that putting out a salt block or corn feeder
to attract your prey.... the deer come to you instead of you going out and looking for them. It's the same with all
the pivot points, S/R, fibo levels.... etc. They are the salt blocks of forex, that draw the traders into that area of
interest.

In other words, they are areas of slaughter and carnage...

-CJ-

Quoting srt
{quote} I knew the USDCHF was incorrect
but unsure about which upper pt. to use.
Forex is quite different from the stock mar-
ket. I just brought the formation from the eq-
uities market into my forex trading and it
works well... when volume drys up, it will
fall.... look at the 4 examples I posted a few
pages back.

http://www.forexfactory.com/showthre...88#p
ost8557688

-CJ_
Quoting albchr
{quote} ... Only one read required. People limit themselves thru fear and those fears become their facts. Which
of course obscures any exploration of the truth for them. Even when it's shown to them repeatedly. The world
is flat ... yada yada yada .... Try to prove different and they scream you're crazy and you'll fall off it's edge!
Scares me to think where we'd be without those who seek "the edge" ... and then beyond. Still living in caves
no doubt.

Deep thought mode, on......

Our illusion of reality, is what we create for ourselves, by our beliefs, our convictions and our certainties. Some
people believe that the world we live in is a hologram, or an illusion. If you are a spiritual person, then it has to
be. Let me explain...

An illusion is a creation, something that is or is likely to be wrongly perceived or interpreted by the senses.
Take a dream for example. When you are in the dream, everything is real to you. It affects you, emotionally and
physically, therefor it is real. That is, it is real as long as you are in it. Once you leave the dream, the distortion
of the illusion is gone and you see the truth again. Our "realities" are illusions. They are things we create that
in essence, can and do distort our senses and perceptions. The stronger our beliefs are, the more conviction
and certainty that we have towards those beliefs, the stronger the perceptions we experience. Illusions are
real because they affect us. We can sense them and we can experience them, therefore they are real. When
you cant sense or experience something, then it can't be real. Some of the illusions of our reality, if we let
them, are created not by us, but by being convinced by others that their illusion is real. If I can convince you
that price prediction is real, that patterns repeat, that this is not random, them my illusion becomes part of your
illusion of reality. If I cannot convince you, then you can not sense or experience my illusion, and it is not real
to you and it can not exist. You neither experience it nor sense it. That's what it's like when somebody tries to
explain trade risk to me and how and why I shouldn't trade as I do. I understand how it is computed if you
want a certain % of risk on each trade, but the illusion of risk, as most know it, is not part of my illusion or reali-
ty. When trying to explain something to somebody, you are trying to convince them to make your illusion,
theirs, but if they have little or no conviction or certainty of the belief, then the illusion will never be real to them
and can never be part of their illusions of reality.

That's why I say the world is an illusion because once I pass, I will no longer be in the illusion of this world,
and I will see the truth, much the same as when you awake from a dream.

Deep thought mode off...

-CJ-

Quoting tradeforlife
{quote} HI CJ, could you please let
us know your insight on DAX?
Charts are charts I guess and they
all speak the same language.... Tak-
ing a quick look, DAX made a Peak
High, followed by the standard 3
level drop with a stop hunt between
level 2 and 3. At this point, the Peak
Low was established, level 1 rise
completed and we are forming level
2 rise now... based on past history, I
would "expect" to see a retrace at
level 2, followed by a rise in to and
extended stop hunt before level 3
rise and new Peak High is achieved. That would be my expectation.

-CJ-
Quoting Mag357
{quote} Finally!! Someone who got the balls to
bring some live charts and not worried to
show to be wrong sometimes. Credit to you Sir
!

For you ball seekers...perhaps you are looking

for balls in the wrong place?? Students with
the same illusions as I have put their balls on
the line everyday, IN A POSITIVE ENVIRON-
MENT... where they help each other become
better traders, with no belittlement from the nay-
sayers.... It's easy because their are no naysayers
there, only believers in the illusion...
When one trade is done, it's right into the next set of trade progressions....
there's always another one at every turn...

Last ones for the those seeking balls.......

-CJ-
Continue to monitor volume for exhaustion....
I would like to see more pins and trapping
action at the HH so this may not be done
yet... volume drying up is the indicator as
well as a test and fail of the HH, leading to
the LH and price falling below the BUMP
trend line...

Quoting Mag357
{quote} Excuse me but those are all trade in
profit. I literally suck at trading but believe
me I could open random trades and post the winners and all the people here would think that I'm a pip ma-
chine and get a high impact mark easily. There is a big difference between this and JRissa.
If you suck at trading as you do, then perhaps you can benefit from random trades in profit, posted by traders
who do not suck at trading. That is if it if improving your trading is your goal.

As for those traders actually posting here, it probably won't happen due to the accepted attitudes and levels
of disrespect that are allowed to permeate these forums. Opposing and dissenting discussion is welcome,
disrespect shown to others is not.

-CJ-

Quoting JRissa
Captain Jack; I have to say, from what I briefly read from your thread at stevehopwoodforex, I'm impressed.
Definately going to read it through, as these three levels/pushes could improve my trading as well. You also
seem to be able to see what is happening on the charts maby even better than me and traderathome did at
our best... I'm thinking that you might provide me the last missing piece I'm after. Great job and you sir are truly
awesome to share all this you know Thank you! Have a great day trading

Thanks JRissa and what you have just said is the key to what I am trying to do. To incorporate what you may
pick up, into your own individual trading style. The missing piece, as you put it. So many people get so close
to really trading successfully, each and every day, but they just need that little bit "extra" to make a life chang-
ing leap in their success.

No one is going to be able to clone me and trade like I do. None of the people in the other thread trade like I
do, but they have incorporated that "missing piece", into their strategy and lo and behold, success!

Thanks for the kind words and I wish you success in your journey. It's comments like that and results like
those shown that keep me coming back to these forums time and time again.

-CJ-

BTW, those 3 pushes and 3 levels that the MM's use in their trading cycle are
also what's been marketed as "Elliot Waves"... nice name to give them when
you want to sell it to others...

-CJ-
Once you know their cycle and the tracks they lay, you have a better understanding as to what is happening
and what "may" happen... Take AUDJPY in this case....

Asian session, which doesn't normally have the transactions to drop price like this, that fast, showed them
parking price right after the drop... I can tell you there are many traders who jumped the short side with late
orders and are now "stuck".... Asian session is for setting the high and low for the day and then ranging.... they
are walking the price up away from
the trapped shorts, accumulating
orders. As the range extends, it also
compresses.... upon release, we
sometimes see a 3 - 4 bar push, on
the 15m period, out of this range....
most times its a head fake and will
trap additional orders, opposite of
the true, intended, direction of price.
You may also see a small stop hunt
or if enough orders are already
trapped, a straight away run away
from the trapped orders.

Trapping volume...accumulating or-

ders and then they bring the
pain....what causes the most pain is
what's most profitable and the Fox eats well!

-CJ-

Monitor....GBPCHF

Bread and butter on the break!

NOTE: NO VOLUME TO SUP-

PORT PRICE AT THIS LEVEL!

-CJ-
Captain Jack Joined May 2009 | Status: Member | 341 Posts
THIS is all you ever need to know!

-CJ-
Could be live now
when viewed on
a lower time peri-
od.... that's why its
important to
check above and
below the period
you trade...

-CJ-
Quoting Mag357
{quote} Is it meaningful
that those last 2 yellow
marked H and HH formed
during dead volume
asian session time and
not during london/NY time?

What matters is they sold the lie

twice, raising price on no vol-
ume.... remember that transac-
tions fuel price moves... how
can price move higher with no
transactions....it's a game of
lies....

What difference would it have

made on the other sessions,
when it happens, its the same
on any session... EXHAUSTION!

It's all you ever

need.... BARF Bump
and Run Formation

-CJ-
Quoting drammen
{quote} Captain! What are your thoughts on GBPAUD? Do you think we have something here?

Sorry folks, been busy.... GBPAUD is

making it's Level three run, where you
shall see the topping action...look for
the "M" to form when it does...

-CJ-

Quoting Captain Jack

{quote} Sorry folks, been busy.... GB-
PAUD is making it's Level three run,
where you shall see the topping
action...look for the "M" to form when
it does... -CJ- {image}
I'm not seeing this pair moving high-
er, I see it beginning a new down-
ward progression....

-CJ-

Quoting kprsa
Sometimes when trading
lines/fibs/pivots the gut feeling is like
standing in front of a speeding train.
Possibly, the best would be just to leave orders, define risk and reward and forget about them. k {image}
Knowing where price is located within the price cycle is the key... price is always going to come close to the
accepted, widely used "numbers' because that is where the largest number of transactions occur. The salt
blocks....

The direction of price is easy, up down or sideways.... when you know the location of price in the cycle, and it's
direction, then you know it's intent....they follow the same cycles, over and over....

Quoting mirrfx
{quote} I still stick to my stand.it
may be difficult to hit 24 August
high,but its certainly going higher
atleast for few days.lets see.

So it's understood, I said it's in a

topping pattern now, which takes it
higher for the structure....but once
the "M" forms, it downhill from
there... I see no new high.... but I will
explain what I know of theirs
"tracks" at these levels... Remem-
ber, it's all about selling a lie.... then
turning tail and running, while leaving the hounds and the hunter on a false trail...

Quoting forexdave1
I am having trouble understanding "common interest number".Thx!!!{quote}
What I refer to as areas of common interest are areas that both buyers and sellers are drawn to in order to
create larger numbers of transactions. S/R, Fibo lines, MA's...whatever you like...

More transactions create price movement....

Quoting Atokys
I wholeheartedly agree that price is not random and predictions can be made to grant an edge. Over the
years I came to realize that the markets are inefficient. I have a friend who is an economist. He would try to
explain to me, as if talking to a child, why what I was trying to do was futile, because "the markets are effi-
cient." I have noticed that everyone who has ever told me that the markets are efficient is poor. He argued that
if I could develop a winning system on a computer, so could others, and we would all cancel each other out.
What he...

BINGO! People are creatures of habit... so are the people who cause price to move... both groups follow the
same patterns, however the outcome of their trades vary by a great deal. Is it not a common belief that up to
95% or more, of Forex traders lose money? If the markets AND price were in fact random, then would the
number of people who lose money in forex not be closer to 50/50, the statistical norm of a random coin toss
with which has 2 outcomes??? Think about that.... those 95%+ losers fall prey to those who manipulate price,
not the randomness of the market. Another false illusion that people have allowed to be created by others...

It's also nice to see somebody try to rationalize away opposing views but in so doing, they actually confirm
those opposing views... as one " under the bridge dweller" recently stated:

"More transactions create price movement? Nope, volume of "buys" = volume of "sells". That's how the market
works. The greatest trading volume occurs in congestion areas, not at extremes."

Even trolls are correct at times and they don't even know it.... THE GREATEST TRADING VOLUME OCCURS IN
CONGESTION AREAS, NOT AT THE EXTREMES!!!

In other words, his areas of congestion are my areas of interest. Areas of common interest to both buyers and
sellers, where larger numbers of transactions take place, fueling greater price movements. The price move-
ment takes the greatest number of traders AWAY from their orders, to the extremes, where stops are triggered,
money is lost, accounts are blown and dreams are shattered. Just like the deer who congregate around "salt
blocks", an area of congestion, the traders are eventually slaughtered in mass....

Every trader on this forum, at one time or another, has placed an order, in a fast moving market, only to see
price turn and RUN away from them, leaving their order flickering like the flame on top or bottom of a candle
wick...

FROEX, the game of selling lies....

-CJ-

Quoting Borg
{quote} Hello Captain Jack: I like your great sense of humor On page 14, post 262 you mentioned "untreated
resistance". What is that ? And what time frames do you trade ? Also what are your favorite pairs to trade ? I
will definitely visit your home forum . Thanks Borg
Thanks, some of the comedians in here bring it out of me!

I think you are referring to a chart with some closed trades on it? If so, that is not mine, but from the other fo-
rum and the trader uses an indicator to help him determine the levels. You won't see any of that on my charts.
I believe his indicator is SupDem or something similar that shows the levels of supply and demand.

I started trading on the D1 and H4 periods as I worked long hours and couldn't watch the trades like I do
now... I trade all time frames and will take a trade anywhere I see one... my trades are usually held to the next
retrace and then they are closed or reversed the other direction as I've done tonight. I roll my trades over
quickly to manage margin and equity and I take what is given and try not to give it back. I will take a lot of
trades or plan to take them based on what I see posted in the threads... sometimes they ask for help and the
trades are there, they just don't see them...

Favorite pairs = all 28 as the cycles are the same on each

-CJ-
Quoting Captain Jack
Once you know their cycle and the tracks they lay, you have a better understanding as to what is happening
and what "may" happen... Take AUDJPY in this case.... Asian session, which doesn't normally have the transac-
tions to drop price like this, that fast, showed them parking price right after the drop... I can tell you there are
many traders who jumped the short side with late orders and are now "stuck".... Asian session is for setting the
high and low for the day and then ranging.... they are walking the price up away from the trapped shorts,...

When I made this post, I was going to walk the PA through as it happened but responsibilities didn't allow.
Here's how they worked this pair, and they've done it 3 times now over 3 days... When they hold the crosses,
like this pair, it's to work the majors and when the majors are held, the crosses are moved... look for some nice
movement here this coming week...all to the downside, however, longs may be enticed in before the move
lower...

They've basically done all that I was talking about here... setting the H and L's, ranging, range expansion, push
out of the range, head fakes, stop hunts and a nice straight away move Friday..... People see this as a ranging
pair while I see it as profitable trade setups...

While not actively trading my accounts, I did set up a demo, to illustrate the profit potential in these setups.
The large order was placed at the bottom
of the "W" and a few more stacked or-
ders were added on the way up. Some-
thing to think about when you see those
"ranging pairs" and know the routines.

I may step in this week with a live ac-

count, in order to take advantage of the
coming move. Price tends to move in 3-5
day cycles and a new cycle is about to
begin.

-CJ-
Quoting dkrock
{quote} I spent a few years studying price movement and ended up finding the market equilibrium. I converted
that equilibrium to view in multiple time frames in order to gain more precision in finding its apexes. I do not
"predict" any faster than the market signals. I trade "live" predictions based on the current market momentum. I
personally do not believe in predicting the market any further than where it currently is. I can see where
changes in direction should occur, but it is only predictable as it happens. I cannot show you this technique...
I beg to differ with as to the value of Elliot Waves.... I see this as the cycle of the market and it does work rather
well. I see many traders making a killing each and every day following these simple patterns. Those who have
trouble understanding this pattern are usually the ones who over complicate a very simple pattern. It's as easy
as 1-2-3 or as compli-
cated as a human can
make it... and we can
really FUBAR the shit
out of simple things....

-CJ-

Quoting Mag357
{quote} I would call
that a failed setup,
price didn't reverse
and rallied up again
Price did indeed make
new highs and the
setup is invalidated...
HOWEVER, it could have been a profitable trade depending on your trade management. Even failed setups
can provide profit, or do you not protect trades in profit?

The pair is also being monitored for entry when the pattern presents again...

-CJ-

Quoting stevepatt
{quote} Hi CJ; Can you show how you use this on a live chart. In hindsight we can read it perfectly but live
would be a different story. The drop from the first 3 level to the first Blue Line could also have been read as a
Peak High.
If you are trading on the lower time period, you are correct as it is the peak high of the 1st three pushes off the
peak low... pushes on higher time frames are levels on lower time frames.

-CJ-

Quoting Mag357
{quote} Of course, but this apply to every single move of the market, but overall the setup didn't work as it
should. Entry point was also very ambiguous and adjusted after the move. This barf is very dangerous setup
and could easily lead to disaster. This specific case only gave 3 possible false signals as I discussed in post
#579.
The goal is not to make a perfect trade, the goal is to make a profitable trade. As with any trade setup, the
trade must be managed. Failure to manage even the best trade setup will result in disaster.

Had I entered that trade, I would have been profitable and my goal would have been met. Apparently, you
have different goals. If the setup in not for you, find another to trade. When trading my accounts I will take eve-
ry BARF setup that I can find. They are money in the bank.

-CJ-
Quoting Mag357
{quote} Even yourself who is the master at this had doubts of which trendline was the right one as I posted in
#579, and I added one more setup in the same chart that seemed to meet the requirements and failed also.
So I wouldn't say that is that well defined, maybe in theory, but in live market could be very ambiguous and
dangerous.
You must understand that the patterns being created today are creating the "congestion areas" that so many
traders will use in the coming months and
years... they drive price, quickly to an area
and pause, this is where they are creating
them...this results is poorly formed pat-
terns... it is done for reason.

They intentionally make the charts hard to

read, so you can't find perfectly formed
patterns. We must learn to filter out the
noise.

HOWEVER, these patterns form each and

every day and people take great advan-
tage from them. You should not dismiss
BARF based upon your short and limited
exposure.

-CJ-
Quoting Captain Jack{quote} You must un-
derstand that the patterns being created to-
day are creating the "congestion areas" that
so many traders will use in the coming
months and years... they drive price, quickly to
an area and pause, this is where they are
creating them...this results is poorly formed
patterns... it is done for reason. They intention-
ally make the charts hard to read, so you
can't find perfectly formed patterns. We must
learn to filter out the noise. HOWEVER, these
patterns form each and every day and people take great advantage from them. You should...

I will also inform you to the fact that this same price pattern WILL form on every higher time period on this pair,
at varying points in the future. The higher the time period, the longer for it to mature.... you can monitor for their
formation well in advance.

-CJ-

Quoting Borg
{quote} Hello Captain Jack: Many thanks for your insightful posts, especially on Barf. Very helpful. Is this chart
an example of Barf and the pattern of high and low levels it might have ? Also what does "SH" mean on your
chart ? Borg
You are welcome... as for a BARF, it may end up that way on a lower time frame, but this is how the work trad-
ers.... Almost all last week, after dropping price quickly, they kept selling the lie of price moving lower... they end
up stopping out a lot of shorts while accumulating orders.... now they walk price up, and possibly spike it high
on the news later tonight... this is selling the lie of higher prices.... Once they pay themselves off with the price
run up, they will stick the longs up high and tank price, dropping it for another large payoff for themselves....
the drop comes after the price/volume exhaustion phase....

They prey on human nature, the greed, indecision, fear, panic, and pain.... it is our habits as humans that allow
them to do this but it is due to their habits that we can track them...

"SH" is a stop hunt...

-CJ-
Quoting Captain Jack
{quote} I beg to differ with as to the value of Elliot
Waves.... I see this as the cycle of the market and
it does work rather well. I see many traders mak-
ing a killing each and every day following these
simple patterns. Those who have trouble under-
standing this pattern are usually the ones who
over complicate a very simple pattern. It's as
easy as 1-2-3 or as complicated as a human
can make it... and we can really FUBAR the shit
out of simple things.... -CJ- {image}

Live and in play.... beginning of the new price cycle.... 3 levels of drop ahead...
-CJ-

Quoting mirrfx
{quote} heres my view.i don't think GBPAUD going low.i is
going to new high and more high
Stick a fork in this one, it's done! GBPAUD

-CJ-

Quoting Borg
{quote} Hello Captain Jack: I see thanks. But on the chart for post 687. How do you know that this isn't the
start of another move up. I thought that the price/volume exhaustion phase marks a low and the start of a ma-
jor move up.
They've done just as I said, walked the price up and spiked it to entice longs in.... the exhaustion phase will
happen when longs quit buying now.... they are going to be stuck at
the top... and the MM will be running price away from them soon....

Big rises and big drops require a pause to consolidate and accu-
mulate.... and to entice one or more times to the high side, UNLESS
their order books are full!

-CJ-
Quoting Captain Jack
{quote} Stick a fork in this one, it's done! GBPAUD -CJ- {image} {image}

The rhythm of the market....

-CJ-
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-
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" pat-
terns are too hard to do... If he runs higher, I'll stick him again! -CJ-

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-

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-
Somebody was wanting to see the live trades... well here they are.... I set this up
after I closed those shorts.....
-CJ

Current.... those are 2 accounts.... not 2 pics of the same chart....

-CJ-
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-
Quoting bzzz
Good morning everybody peace and pips be upon all of you CJ i'm very grateful for what you're doing here it
is a really great job offering another way to look at the charts i can't thank enough sir,one should never stop
learning from you.i've been lurking around
less than a week when i took a aus/usd
long last week finally it moved today,however
your view on aud/jpy made me worry a
bit(as they are correlated)so can you please
shed a light on this one please? success for
all of you
I normally don't give trade advice to others,
but since I tried to help Mingary out of his
DAX short, I'll say this... we are near the high
for AUDJPY, AUDCHF...etc... once they fill their
coffers with orders, this pair as well as AUD-
CHF is heading steeply lower.... there is "RED
NEWS" again later today and they like to use
that as cover for what they do... This is my
expectation and I will be trading it with large
money on my "demo" accounts...

This decline will be deep and lengthy.... after which I may not trade again for a long, long time!

They may play it like so.... retrace the rest of today and bump it again to entice longs for the so called AUD
"news" event tonight..

-CJ-
Quoting Captain Jack
There are people making a killing everyday in my home forum,, not trading as I do, but using the info I have
tried to bring forth, and incorporating it into their own styles and comfort zones. This is what I strive for and
they achieve it. If you haven't
been there, it's worth a visit....
-CJ-
It's time for breakfast a cup of
coffee... back later....

Better set these before I go....

-CJ-
Quoting kprsa
{quote} I don't see any advertisements on shf page, unlike on ff. So not sure what you're rambling on about. K

The content I provide tends to add value to any site I visit, unlike people such as Kong and others, who de-
tract value from forums such as this. They come here boasting of meaningless content when in fact they are
the meaningless content of the forum. They are so blinded by their hate of others, who do things they can on-
ly imagine doing, they must seek value in their own worthlessness. But in reality, when they attack others, they
are attacking the meaningless of their own self.

The end result is their own self destruction...

-CJ-

Quoting Yaad
{quote} Believe it or not "flat earth" people still exist, so hoping these types will go away is asking too much
really. You just have learn to live with them.

I get a lot of people thanking me for posting the info that I do and a lot tell me I could make a fortune selling
it... They are still looking at this in the same way they do their trades, from the wrong side of the glass....

People don't realize that they are not only paying me, but are paying a lot of people like me, by NOT LEARN-
ING WHAT I"M PREACHING! Every time I close a trade progression, I get paid by somebody who has failed to
learn what I'm saying. That's why I don't worry about these "flat earth" types, they pay all day every day! They
will always pay every day, because they fail to hear what is being said. Make no mistake about it, I can't move
markets they way they can, but I'll take every penny somebody lays out there in their orders, just like they will.

There will be some people that pick this up and it will be life changing for them. But for most, they won't and
these are the ones that pay me, not for what I do, but for what they fail to do.

There is a never ending supply of traders who put money on the line, that they can ill afford to lose. It's not my
responsibility to keep them from losing their money, I will take it. If I don't someone else will.

Most people think they find a secret way to make money in this market and they hide it like a chest of gold... I
have no problem with that... I have posted every bit of knowledge that I have picked up along the way, and
tried to get others to see the light. No matter how many years I've done this, or how many more years I do it, it
won't make a drop in an ocean difference as to how much money I can pull from the market. Because they
will fail to learn and when they do, they will pay me.

In all honesty, think hard about that.... doesn't cost ya one red cent to get the info, but your will pay dearly
should you not change your ways. I can't say it any more bluntly than that.

-CJ-
Quoting Borg
{quote} Hello Captain Jack: Can you explain what you mean by my trades are usually held to the next retrace
? Do you mean you hold them to the next level of support or resistance ? Thanks Borg
No, if you look at some of the trades I made earlier, I held most of them until the next turn in price. It would not
have to be at a S/R level, it can be while trading structure or a pattern, such as am "M" or "W", whereby I would
enter or exit the trade, or reverse a trade at the turn of each new leg of the pattern. I normally don't hold a
trade during a change in direction of the pattern that I am trading.

I place a large number of trades, close together and use a close all script to end the progression and or re-
verse it at each turn of the pattern... if that
makes any sense to you. A lot of it depends
on the time period and the size of the pat-
terns being traded.

These are some of the trade plots from the

trades I made earlier... they are large lot
trades of short duration. If time or responsibil-
ity does not allow me to closely monitor
these trades, I will then look for a more tradi-
tional entry-exit setup with a smaller lot size
om initial trade and pending orders to add
trades over a longer time period. Then I will
look for one of the S/R areas to set a TP tar-
get.

When I trade structure as earlier it is more or

less following price with each change,
whereas on the longer, smaller lot size
trades, trades will be held during minor price
changes, and exited before a major change
is expected.

The chart below is a 15M. When I trade like this, I usually have 3 charts open on the pair I'm trading, 1M, 5M
and 15M, watching structure shape on the larger and timing entry and exit on the smaller time period charts.

-CJ-

Quoting taomql4
{quote} Precisely , but keep in mind with these things it's what you feed them(inputs) that matters .. U know the
saying " Garbage in , Garbage out .." And for those wondering, I don't intend on selling anything on here .. lol I
think it's rather funny to have something that maybe works , and then sell it ... Am just showing " The Possibili-
ties.." Folks always have to keep an open mind as Traders... And Yes , even on so called " lagging
indicators.."(like I stated before) This is what I have for the next 24hrs ...I'm looking to open up some sell...

It should be very effective as you have it since you really only need one good trade setup to profit. I basically
find a good setup for a trade, make an entry and when PA matches my expectation, I will pile on more trades
and continue to do so until the next change in direction, whereby the progression is closed out. I take maxi-
mum advantage of my margin when doing so. It is easier to stack 5-10-20-30 or more trades in a progression,
than to find that many individual trades across 28 pairs, making perfect entry and exit on each with smaller lot
sizes. 50 pip moves will make you rich.

-CJ-
Quoting Borg
{quote} Hello Captain Jack: I think your "GBPAUD prediction" must mean you can travel through time in to the
future. Reminds me of a Yogi Berra quote: "It's tough to make predictions, especially about the future." So how
do you do price mapping ? Borg

LOL, yes Borg, I travel back to the future... but only in "demo" mode...

I've been doing it for well over 5 years now. I think the EURUSD map here in this thread is close to 3-1/2 4
years old now. You don't have to map price to make money. Just learn market structure and research market
makers and how and why they move price as they do. They follow the same patterns that make them money,
but theirs differ from ours. As humans, we all develop patterns of behavior, that can be tracked and predicted.
One such pattern is the ones that the trolls of the thread follow. You can count on it. New information arrives in
the thread, people join to make use of the info and the trolls follow to disrupt the flow of the info. They always
fail, because they actually think their opinion is relevant to others, when in fact we know different. They are
irrelevant in all aspects, but that does not prevent them from following their innate patterns. they simply can't
help it, poor souls that they are.

Traders follow the same patterns and market makers follow their patterns that take advantage of the traders.
It's human nature.

-CJ-

Quoting Borg
{quote} Hello Captain Jack: Cool. Thanks. What exactly is market structure other than price waves, support
and resistance ? And how do you handle major high impact news events, NFP etc ? Do you exit all of you
trades just before the news event that would effect your pairs and wait for the dust to settle ? Borg

Candlestick patterns, topping structures such as "M", bottom structure like "W"... cycles such as "M" at top, fol-
lowed by 3 levels of drop and retrace of price, ending in the "W" at the bottom...

I won't enter a new trade before news, I will enter during the release.. If I have trades open, each has to be
evaluated the same with any trade that must be managed once placed.

-CJ-

Quoting mirrfx
{quote} GBPAUD did hit new high for 2 days.After that it hit low.I dn't think I am off mark completely @CJ Do
you still think it will go lower because on weekly charts,it seems bullish still...some doubt here? Over to 30Mn
chart,i see a base forming there with bullish bias?whats is your interpretation on this??

We differ on definition of "new highs"

My overall view is that the pair is starting a new cycle that will result in 3 levels of drop in price resulting in a
new peak low... it hasn't changed

There are cycles within the cycles, therefore a person who is trading the 15M period could be short biased,
while a person trading the D1 period can be long bias and both can be correct in their assumptions.

The recent "high" in the pair was due to price manipulation before and during a news event. Additional orders
were trapped on the high side and now price is moving away from those trapped orders... same thing, over
and over...

-CJ-
I've been member this forum since 2009, longer a lot of people on here and I left if for a reason. That reason
still exists today and as a matter of fact, it's just gotten worse. The levels of disrespect that permeate the forum
are astounding, and what's worse, is the fact that it is accepted by the site owners, in favor of traffic, as op-
posed to content and discussions. The threads are basically unmoderated, and people seeking info and
knowledgeable discussion are over run by groups of people who seek to dominate those discussions, for
their own purpose. When moderators do attempt to take out the trash and keep discussions on topic, they are
scolded and told not to do what they are supposed to do. I choose to no longer provide content here nor will I
continue any discussions here., which leads to income for this site. Those have ended and will not be re-
sumed.

The info I have posted is here for those who find worth and interest in it. That is it's intent. It will remain as the
OP of this thread has been inactive, or until removed by site owners. The latter, I doubt, as the info will still gar-
ner "clicks" and provide income to the site as long as visitors still view it.

Those wishing to continue their interest in the topics brought forth within the thread can find ongoing discus-
sion, in a friendly setting, free of insults from common trash. My blog site is in my profile and will remain there
until deleted by site officials.

Thanks to those who have stopped by and taken part with relevant discussions.

Best wishes and good trading to all!

-CJ-