Free Ebook Trading with J-Chart Price forecast is possible, by John Chen
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Trading with J-Chart Price forecast is possible, by John Chen
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Trading financials with J-Chart, an ingenious application of Chaos theory,
Price prediction is no longer a dream.
- Sales Rank: #1256965 in eBooks
- Published on: 2013-02-11
- Released on: 2013-02-11
- Format: Kindle eBook
Most helpful customer reviews
2 of 2 people found the following review helpful.
Trend following system
By AddictedShopper
This system use a market profile chart. For a long entry, draw an upward trend line from value area's low to a higher POC(at a later date) then copy and invert the copied trendline to form an issocelle triangle. The entry is when the price breakout of current value area in the direction of the trend. The stop is the triangle's low. The target is the triangle's high. Do the reverse for short entry and exit. This system help you stay in the trade even if the market is making new high or new low by assuming the second half of the trend have the same magnitude as the first. See the cover photo.
The author explanation is opaque but he has some cherry picked examples of when the system worked so you can sort of figured out his process. 4 stars for laying out his system, -1 star for not telling people when the system is likely to fail. Overall, a fun read.
0 of 0 people found the following review helpful.
Weird
By like kidle
. Totally bizarre viewpoint. Hard to apply even if the author is correct. Judge for yourself if you wish. have fun.
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