I’ve come to realize that in most of CJ’s teachings, he begins his analysis from higher time frames and then give his analysis in the smaller time frames, which can make it difficult for some of us to follow.
After studying CJ’s theory for some time, I’ve found that it’s actually quite simple and straightforward. However, we often complicate it, perhaps due to the terminology CJ uses or his analytical approach.
I’ll be sharing my “Naked Chart Vision” here, and if you find them insightful, great.
Attached is what I see happening on the CADJPY H4/D1 in the coming days.
Naked Chart Vision
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Dsturdman
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Naked Chart Vision
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Dsturdman
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Re: Naked Chart Vision
Ok, I have jumped on the CADJPY H4 train, loaded with goodies!
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Dsturdman
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Re: Naked Chart Vision
Here is the Stop Hunt that would have cleared your SL position if you were in the trade.
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Dsturdman
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Re: Naked Chart Vision
The main stop hunt shows up much clearer on the D1 chart. CADJPY looks set to drop hard next week. The market keeps wiping out our entries before moving in the direction we expected, and that’s when emotions really kick in. If you’re not experienced enough, this “Fox” move can drain your account before the market finally goes your way.
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Dsturdman
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Re: Naked Chart Vision
CADJPY has finally fall, after dancing around for 10 days. It will continue to drop in the next couple of days until it reaches our TP.