I want a discussion on the method of analyzing the markets using J-Charts. If you don't know what it is, please consult the links below:
http://j-chart.com/
http://j-chart.com/downloads/JChart_global_guide.pdf
There are reasons why I love this method
1. No volumes needed! PERFECT for forex
2. Perfect way to objectively determine Support and Resistance areas to trade price action.
3. Able to determine trends based on concentrated price activity
3. It is based on natural psychology of equilibrium (ranging) and chaos (trending) markets.
Now, I am looking into learning more about it from this particular guy who claims to be a hedge fund trader. I hope this is not spam and do not violate FF rules.
http://j-chartwiki.com/index.php?opt...tpage&Itemid=1
The only problem is the site looks cheap as hell. I mean if you are a hedge fund trader, why not spend a little money to make the site look a little professional without the marketing garbage. So I'm skeptical.
So I want to know if anybody else have experienced or is using J-chart, and maybe we can start a thread to discuss this method and learn.
http://j-chart.com/
http://j-chart.com/downloads/JChart_global_guide.pdf
There are reasons why I love this method
1. No volumes needed! PERFECT for forex
2. Perfect way to objectively determine Support and Resistance areas to trade price action.
3. Able to determine trends based on concentrated price activity
3. It is based on natural psychology of equilibrium (ranging) and chaos (trending) markets.
Now, I am looking into learning more about it from this particular guy who claims to be a hedge fund trader. I hope this is not spam and do not violate FF rules.
http://j-chartwiki.com/index.php?opt...tpage&Itemid=1
The only problem is the site looks cheap as hell. I mean if you are a hedge fund trader, why not spend a little money to make the site look a little professional without the marketing garbage. So I'm skeptical.
So I want to know if anybody else have experienced or is using J-chart, and maybe we can start a thread to discuss this method and learn.
Working towards CME membership