Silweri » Sat Dec 12, 2015 1:24 pm wrote:There are times that I find very difficult to trade like this way...

Maby it's just me and somebody can answer how to trade this, but me myself would be waiting on every three levels for reversal and hit stops all the time...

Same thing happened with all jpy pairs little while back.

Captain Jack » Sat Dec 12, 2015 8:16 pm wrote:
That was covered years ago in this thread as well as others....

-CJ-

Captain Jack » Sat Dec 12, 2015 9:55 am wrote:
Why are you taking a buy at the top of the cycle? Why are you not paying attention to the "RRT's and pin directions? Why are you not looking for and trading only from the "M" and "W"'s that indicate the 3rd levels? Why are you not looking at the time periods above and below the time period you are trading?? Why are these trades still open when price has moved far away from you?? WHY? WHY? WHY? I can go on and on but all this stuff has been covered, as well as much more, in this thread and these are the details you fail to see. You fail to see it because to you, you believe price moves up for 3 days and then down for 3 days.... these are your beliefs, not my teachings.

This is why these methods don't work for you. Until you can read a chart correctly, you should stop trading or spend your money on something before you lose it. The FOX loves traders like you....

-CJ-

Tom822 » Sat Dec 12, 2015 10:15 am wrote:
Glad to see you again CJ

Please be informed that I do not criticize you but I only try to say that in your method you often give us a contradictory information and it causes a real headache. This thread is really interesting and that's why it hurts me a little that is so confused because I really want to understand this method.

AUD/USD - ok, it is my mistake. You posted a chart and you draw the 1st level of downtrend. Ok, I understand. But in this case why you wrote that there are 3-5 days increase or decrease in price on M15 chart ? Look at AUD/USD there was no 3-5 days increase in price but only 2 days which started on 9th December and ended on 10th December before the price went down again.

Or, how do you count days on M15 ? Do you mean that Monday, Tuesday, Wednesday are 3 days ? Or you want to tell that these 3 days it is just Monday but the Asian session is the 1st day, London session is a 2nd day, and NY session is the 3rd day ? So far I thought that these 3 days are for example Monday, Tuesday, Wednesday but I know that depends from the day where is located the peak high or low.

So the question is, if we trade on M15 chart then every day of the week we should count as these three days because every day of week includes Asian, London and NY sessions (so that's why the three days) or you just mean that these three days are Friday, Monday and Tuesday ? Of course we are talking now only about trading in a short term on M15 chart.

I would be grateful for your help.

Captain Jack » Sun Dec 13, 2015 8:15 am wrote:
Sorry mate, I have no answers to your questions. Again, you are trying to simplify a complicated process into a trading system. This is no system.

-CJ-

Captain Jack » Wed Feb 05, 2014 8:43 pm wrote:I don't know why you folks TRY to make this harder than it has to be....if you don't understand 3 levels maybe you can follow 1-2-3-4-5 easier....

CJ

[b]caveywoolpert [/b]» Sun Dec 13, 2015 5:15 am[/url] wrote:Tom, i would suggest u watching steve mauro's vids. Ive watched like five hours and found it pretty useful, sometimes he says exactly the same CJ wrote about. But also found some mistakes: he says price can't go in one direction for three sessions (that's rare but happens) and price can't go in one direction for three days (that's total crap, it happens over and there). At least you will learn the basics from him.