CJ on Sim Trading and lots of

EXTRA !

Thanks for posting the question Tony. I'll begin with an H1 chart of
USDJPY that shows several market cycles, one to the short side and the
2nd to the long side. You will notice that there is pure price manipulation during the upward cycle that occurred
on the night of the US elections. The price moves that night were not based on any fundamentals, and occurred
on many different pairs as well as other financial instruments such as stocks, which at one time, were down
almost 800 points that night. As I have stated many times before, they use these types of events to cover the
manipulation.
Over the course my next several posts, I will show you how to use the market cycle to enter your trades, set
your stops and protect your orders. The basics of the methods we teach say to trade from the Peak High (PH) to
the Peak Low (PL) or Peak Low to Peak High. Best entry is always at the PL or PH and give the highest R:R
returns. You must understand and accept the fact that you will be stopped out and you should want to be
stopped out, both on initial stops as well as protective stops later, as the trade moves into profit.
YOU SHOULD NEVER ALLOW ANY TRADE TO FALL HUNDREDS OF PIPS INTO DRAWDOWN (DD).
I will never use a hard stop to set my initial orders, but I do use a mental stop, which is usually 15-20 pips or so.
Depending on the timing of my entry, this number may rise a bit but it is always just above the high or the low
price of the PH or PL. If your entry is not the actual PH or PL, then you are stopped out for a small loss. If your
initial order is not stopped out, and price begins to move into profit, you can protect your order by setting a
protective stop loss (SL), which if hit, closes your order in profit. For early protective stops, many people use
break even +2, (BE+2), and there are many scripts and utilities at Steve Hopwood's Forex (SHF) site. If your initial
order is tripped, the trade idea may still be valid as there are times when the MM's do not have the orders set
as they wish and will push 25-50 pips higher or lower, to sell a lie and/or order their books in a more favorable
way. Remember, it's their job to trap traders into the wrong side of the market move. So when your initial stop it
tripped, continue to monitor the pair to see if price returns to the intended direction and when it does, enter the
initial trade once again. Too many people are shaken out of good positions and placed into bad trades this
way. We have all been there, enter a trade, see it go the wrong way, close it for a loss only to see it reverse and
go the way we thought it would.
So take a look at USDJPY and I'll work up a few more charts to add to this thread. When it's all covered, you will
see how I set
and use stops
and you will
then be able to
incorporate
these ideas into
your trading
style.
-CJ-
I'm going to be using a trading simulator for the purpose of this exercise but I'm still working on my laptop an
won't be able to record it live as it's going to take some time to complete. The 1st chart posted above shows
the last market cycles, but I'm going to start before that, just as if I had opened my platform and began looking
for trade setups.

We will begin at a point where we expect USDJPY to be involved in a new market cycle, off a well defined PL.
We identify the PL and we see that Level 1 (L1), has completed and it appears we are working on Level 2 (L2). I
advise new traders to only trade from the PH or PL but if you can determine where you are in the market cycle,
you can take a trade almost anywhere in the cycle. So if we are indeed at L2, then I will be looking for an long
entry to take me to L3 and a new PH. This is what we see when weopen the USDJPY chart and this is how we
identify where we are in the cycle:

Looking like any normal market cycle that we have seen hundreds if not thousands of times in the past, is it
not?

Another question I have heard many times is "What do I do when I miss a trade?". My answer is how can you
miss a trade when it lies ahead of you? Anything on the chart that is already printed is nothing but the past.
There are no trades there for you to miss, there is only information as to what lies ahead. When you start
thinking about missed trades, you are already lost and that mental fault needs to be erased from your mind just
like most of what you already think you know about trading.

Notice the patterns that price make, where a rise from one level to the next usually results in a retrace. We will
be watching price to see if it will retrace further or it is just going to flatten out to complete L2.
Price is moving in a way that indicates L2 may indeed be forming so an initial order is placed with a 25 pip SL.
This would normally be a mental stop for me but I'll add it to the chart as a hard stop for visual purposes. For
my SL to be triggered here, price must retrace back to L1. If price falls below the support at L1, then it will
probably fall further...this is the DD trap. If you don't take a small loss here, then you are killing your account with
large DD, which you never want to do.

I am also asked how do you determine TP? I don't, the market dictates where the TP will be when price
reaches it. If we are entering at L2, then we can expect to see price rise to a stop hunt (SH) and the rise farther
to L3 and a new PH would we not? How can you say how far in pips this is? I can't, you can't, nobody can.
Why not take your profit when you reach the L3 PH? Would this not be the max TP available to you?
Price is dancing around a bit and I'm feeling confident this is L2, I enter a 2nd trade, which is normal for me.
Seeing more pins here that indicate a change in price direction and it usually takes some time for a level to
complete and price to leave it for the next one, so we have 2 oders, each with25 pip SL. We will monitor price
now…
A few more candles have printed and price has successfully tested the lower limit of the level being formed.
More pins have formed indicating a change in price direction and I'll add to my order with one more active
order as well as a BUY STOP order that will be triggered if and when price leaves L2 heading higher. Stops
remain as set.

Price is starting to move in our intended direction and it looks like our assessment was correct so far. I have
added some buy stops to begin a set of stacked orders. This is how I trade and may not be suitable for all so
trade within your comfort zones and do not over trade your accounts! I have also moved my initial SL up to
where they are now protective SL's that will close trades out in profit should a reversal spike strike the pair.
Many hours have past and price is moving in our intended direction. All of the buy stops have been triggered
and open trades are now 2700+ in profit. However, many of these new trades are not protected by stops and a
sudden reversal can reduce our profit greatly. Anytime you stack as I do, the open orders need to be protected.
if they are not, the number of orders magnifies the loss on a reversal. The next chart shows our situation and
our exposure to a high level of risk here.

With price reaching the previous high and stopping, we are at risk of seeing price reverse should the break to
new highs fail. The protective SL for many of the trades will be adjusted here as indicated in the next chart. I
have now locked the profit in on every trade below the protective SL level. All of the open trades now use the
same SL should price suddenly retrace here. I want to limit my loss to the smallest level while locking in as
much profit as possible. If price reverses and closes all of my orders then returns to the intended direction, I
can replace those closed trades with new ones using my banked profit. TAKE WHAT IS GIVEN AND DON'T
GIVE IT BACK!!
I will now monitor the pair and I will be looking for the expected STOP HUNT (SH) that normally appears
between L2 and L3. I may close all orders at the SH and reload for the climb to L3 and new PH. I hate to give
money back and at that level, profits will be great.

Since I am confident that our assessment of direction is correct, I have added another level of buy stops to
continue with my stack.
A few more hours pass
and price has made a
very nice move in our
intended direction and
all open trades are
showing a profit of over
$6000+ at this point.
Since we are expecting
a SH and a reversal in
price, I want to protect
this profit as well as
add protective stops to
the 4 open trades
without them. This is
the chart before moving
stops up.
Here, I have moved up my
protection n expectation of the
SH...and all open orders are set
to the same SL, locking in a
large amount of profit and
limiting loss to a small amount
for the 2 open trades above the
SL level. No new buy stops will
be placed as we don't want to
be locked into a trade or trades
and then get hit with the SH.

Now we monitor and await the

SH...
Well, the protective SL did it's job and closed all open orders providing us with over $4000+ in profits. We gave
back some but we kept most of it. Now we will wait to see the level of the pullback in price and maybe enter a
trade to take us on up to L3 and the new PH…

Price is not moving exactly as intended and has brought us to a decision point. We must decide if we have
already seen the SH, as marked on the chart and are now creating the new PH at L3 completion, of are we in
an ill defined SH with price ready to move higher? I tend to be an aggressive trader, so when I see this chart as
it is, I tend to lean towards the PH being formed now as opposed to price moving higher at this point. I see less
risk in taking a short position here, with an initial SL above the high of the pin. I see more risk in entering a long
here, looking for price to rise higher before forming the PH. The 3rd option is to wait for confirmation and this
should be the choice for most traders. Err on the side of less risk which is to wait for more certainty. I have
taken a short position based on the patterns on this chart.
Well, we are starting to look like level 3 and new PH is forming so now we wait…

Price has dropped rather quickly, which it does at times and I have added several more orders .... as you can
see, I don't set TP levels. If I am trading from PH to PL on this next cycle, the market will provide me with
opportunities to take profit at each level or at the next PL. It all depends on your comfort levels. Remember the
idea is to make money, not perfect trades or pips. If we have seen the new PH, then this is what we can expect
price to do in the next cycle and we will trade it accordingly.
Price is moving, stops have been adjusted once again, protecting trades and profit while limiting loss.

As price dropped further, I entered a 4th order in a bad spot. Price was dropping rapidly and I had hoped for
more movement but price started to stall here so I decided to close all orders and wait for L1 to form.
Once again, price is moving nicely in our direction and with possible resistance in this area, I am going to
forego moving the protective stops and close all the orders while I wait for level 2 to form…

We have taken a $10k account to $23k+ in a weeks time.... with near zero draw down.
Once again, price moves in the intended direction and now we are waiting for the normal SH between levels
2-3. It may be better to close all orders here again and wait for the SH but we have a SL in place... we wait and
monitor.

Another set of trades has closed out and again, I took a few trades in poor spots. The set of trades closed in
profit and that is all that matters. I will wait for the SH to give indication of a turn lower again to begin another
set of trades…
SH is confirmed and a new stack begins...protective stops are in place and I will be looking for
a pin to close all trades on, hopefully near the new PL…

Ok, price has dropped lower and I'm not going to keep selling it down here. I'm made a few
bad trades at the end of a few progressions and I'll hold here to see if the PL forms. If and when
it does, it will be time to start a new market cycle once again, following the same patterns and
protecting the trades as we have done.

Our $10k account has now grown to $33k+...not too bad...

If anybody feels this is easy to do because we already know what price has done, I suggest
you look at many of my posts and you will see the same patterns of trading on almost all of
them, down to the use of protective stops. I hope this is helping you see how to follow the
market cycles, use stops to protect your profit as well as limit draw down and grow your
accounts. It doesn't have to be any harder than this so don't try to make a simple process
complicated. We do the same things over and over again because the Fox is doing the same
thing over and over again. The reason we do it is because it works.
And now, it looks like we may have completed the new PL with a "W" having been printed. A
new set of trades has begun and we expect to see the same market cycle develop and trade it
accordingly. Initial trades are entered and initial stops are set.

The equity curve for this account so far…

Vlokkies wrote:
Thank you for the walkthrough John.
It's helped me a lot to get a visual of how to look at and approach the different aspects of the
cycle.
This is how I trade the cycles, with entry, stops and exits. This is the method that allowed me to
quit my job to stay at home with my wife. I place a large number of trades, which may not be
appropriate for most traders and I tend to close the orders or be closed at each level. I try to
avoid any large retraces in price and to limit my risk exposure with so many orders open. There
are times I will counter trade the cycle along with the trades that follow the cycle. I will do this to
offset the draw down to multiple orders during a retrace, however, you can trade using the
same ideas with one, two or three orders. The basics are the same. though.
Determine where you are in the cycle and trade with the cycle at all times. If you can't
determine where you are in the cycle, then wait until you can or find another pair where it is
more clear. Cut losses short Take what's given...rinse and repeat.

-CJ-
You have seen how I trade the market cycles in the proceeding posts. You have also seen how I manage my
trades. Another thing that I preach is trade responsibility. You are responsible for every aspect of your trades.
You are also responsible for managing your trade once it is placed. You just can't put a trade on and let it go
on it's merry way. It's no different than a child who needs constant supervision so they don't get hurt or get into
trouble.
By trading the market cycle, you have a good understanding about where price is going, the direction, the intent
and where price is located at any time within that market cycle. These are the keys to your trade management. I
place more orders in a day when I'm actively trading than many do in a year of trading. I manage my trades in
the same manner, no matter how many trades I have open. I don't want to hear that you don't have time to
manage a trade. If I can do this with so many, along with all of my other duties, then you can do it for a few
orders. If you feel that you can't, then I would suggest that you give up trading Forex. It's the easiest way for you
not to lose your account, and you will if you don't manage your trades.
I'm going to continue with this exercise and there's a lot of charts coming up. You can see the basics of
everything I did and do daily when trading, in all of the previous charts. For the next bunch, I will not go over
what I have already done, such as initial and protective stops. You will see me set them, move them, re-enter
trades when a set is stopped out or close all my orders in one batch. You should recognize these as you look
at the following charts. I will add comments at times, to point things out or to let you know what I'm thinking at
times. Again, if you think the results of this exercise is biased because the moves are already known, all you
have to do is go back through the threads and see the same thing done in the past, over and over
again.Especially with the posts concerning trading news spikes, and many of those were posted live as I
traded them.
We begin at the start of a new market cycle, with a new PL established, a familiar "W" to end one cycle and
begin the next, along with initial trades and SL. As you can see, in the progression, I have moved the initial SL
up to protect the orders when price began climbing higher and buy stop orders were entered in case price
spikes up. You will see in the 3rd chart that the 1t set of trades were indeed stopped out, barley by a pin. In the
4th chart, you will see new orders to replace the closed trades, along with the initial stop for the new trades. We
had a nice gap up on the 4th chart, that triggered the buy stops. That's why we set them. On the 5th chart, price
appears to be moving in the intended direction and the ISL is moved up to a protective SL, protecting our profit,
which is quite nice here. How many times have you seen gaps filled? Don't give it away on a gap fill here.
TAKE WHAT IS GIVEN AND DON'T GIVE IT BACK!
Moving on, the next few charts show price moving higher, but then a quick retrace once again,
barely trips my protective stop and closes most of my trades. I missed setting the SL for 2 of the
lower orders. On a real time trade, this would not have happened as they are easy to drag
around. I missed a couple using the simulator. No big deal, if price keeps falling a bit, I can
close them manually. On the 3rd chart, you can see that I have added orders as price moves
higher and also used the close all to book profit since I am expecting a level to form soon and
we are approaching resistance. The 4th chart shows that I was lucky and closed at a good
spot. Seeing a few pins on top of the candles always perks me up to a direction change. So all
the orders were closed and profit booked. I have also begun to lay on the next set of trades as
we expect price to move up to the next level. Initial stops are set again. The 5th chart shows
price breaking above the level and starting to move higher. New orders are added as well as
ISL. Please note that the account now stands at $61k+…
 1st chart
shows price rising, with the ISL moved to PSL and pending orders added. The 2nd chart shows
a quick about face and I'm closed out again. The 3rd chart shows re-entry of the order and a
PSL in place as price moves higher, triggering 2 pending buys. The 4th chart shows another
quick reversal, that hits my stop again and closes all the trades. At this point, I'm thinking since
so many of my orders are being closed out, that I may need to allow a little more breathing
room on the next set. Now the 5th chart is where it starts to get interesting. By now, financial
markets are buzzing and several pairs are seeing higher volume activity. It could be just a test
of the level that was set, so I enter another trade after price dances around and starts to move
up again. All we have manage to do is add a small bit of profit or break even at this current
level…
Things are picking up here and seeing the activity in other pairs and markets, its starting to stink. Usually with
manipulation, I will wait to see what the intended direction is before I get too involved. You can trade all the
moves, both false and correct if the move is slow enough and this one is a lot of back and forth action.

On the 1st chart, I only took one long position and closed it out as I wasn't certain about intended direction nor
about what was happening. I closed this order after the formation of the pin on top of the current candle, which
looks like a set of railroad tracks being formed. I then entered a short position. ISL placed just above the pin
high. By the second chart, the RRT is confirmed and in my mind, intended direction is set as well. I start
stacking trades and moving stops to protect orders. Volume has been high now for 2 candles and shows no
sign of slowing. By the 3rd chart, momentum has picked up and price is falling. Orders are added and I'm trying
to get my stops moved to protect profit in this fast moving market. I have had several orders stopped out on
some vicious retraces here, but still up nicely with a lot of profit. By the 4th chart, price has dropped and now
I'm thinking this is the gap fill in play and when price retraces off the candle low, I close all my orders with a
close all script. I do add a new short order because I'm thinking that price may fall far enough to test the lower
level or even the PL, so I give the order a little room to breath. By the 5th chart, price dropped much lower and
I'm not waiting for a retrace this time, I close all of my orders as we are at the previous PL. This candle also
printed the highest volume so it could be a blow off bottom. Either way, I took what was given and I can tell you
it is still hard to fight the feelings of greed when price moves in this manner.
Our little $10k account now stands at $111k+ and that's booked!
On the 1st chart, price had fallen and orders were closed, and price has retraced off the lows. I take a short
here hoping price drops again. I will be looking for some nice pins or the RRT's again to indicate a reverse in
price. So far, no indication of such. On the 2nd chart, price did indeed fall again and I closed my orders before
another retrace. By the time the 3rd chart prints, I'm looking for clues to indicate a possible bottom. Looking to
the left, I can see an area of support so I take a shot and enter a long here. Another set of RRT's appears to be
forming and price has moved off the bottom. I enter early on a lot of my trades and yes, even I have old habits
that are hard to break. On the 4th chart, price dropped to the lows again, and I took the opportunity to add a
couple more orders here as this is a low risk, high R:R setup. The RRT's are confirmed. Another reason that
makes me want to look for reasons to enter long is the fact that most of these manipulative moves return to or
near the place they started. There was no fundamental reason or event that caused this drop, it was just pure
manipulation. On the 5th chart, price was rising nicely off the lows and orders were added, protective stops
were set. My luck with with stops has been consistent for this exercise as the PL was hit, closing the lower
orders again. Profit was booked and a new set of trades was begun, still looking for the return trip
 Ok, only
few more sets and we are done here. On the 1st chart, price is rising and I begin to stack trades. On the 2nd
chart, price continues it's climb, I add orders and protective stop losses. I am not using pending orders here
because I don't want to get stuck in orders going the wrong way should price spike and reverse. So far it is
following the expected path but that can change in a split second. Price is rising on the 3rd chart and orders
are being added. The 4th chart is indicating problems for me. Momentum is slowing as is volume and the
candle and pin formation indicates to me a change in direction. We could see price hook and reverse here. I
have moved the stops up fairly tight to protect profits in case of sudden spike lower. On the 5th chart and true
to form, my orders are stopped out yet again. In retrospect, I should have just closed them all out for a few
grand more instead of using the PSL, or I should have set the PSL just below the level to the left. The problem
with setting the PSL lower is that with stacked trades, your losses are magnified a great deal with even a small
pullback. This is why you see me try to avoid any pullbacks, by closing orders then entering new ones as price
moves in the intended direction. Example - that PSL cost 10k in profit as opposed to closing all before the PSL
was hit. Notice also the drop in volume as price is dropping here. The retrace appears to be losing steam.
This series is fairly straight forward. Chart 1 begins a new set of trades, that progress right up to chart 4, and
ends with a nice bunch of protected trades. On chart 4, once again my PSL is hit almost to the pip and I did set
this one a little lower than the level to the left. It almost feels like the simulator is stop hunting, lol. A nice set of
trades are closed and a nice chuck of profit is booked. By the 5th chart, I'm confident that price will return to the
pattern and begin a new set of trades.
Almost there... Chart 1 see orders being stacked and protected as price rises back into the market cycle pattern.
So now what do we do? We do the same thing we did when we started trading from the PL that started this
market cycle. If we look at chart 2, we see that we now have a PL, followed by L1 and L2.... so now we would
expect to see the SH, would we not? Or would you classify the manipulation as a stop hunt? I would still be
looking for the normal SH that we see in the market cycle, that appears most times between L2 and L3. I would
not consider the manipulation as a stop hunt as it is not confined to this pair but the same pattern has
appeared on many pair. We have put together another great set of protected trades with a ton of profit locked
up here. Stops are in place and we are looking for a SH here. I want to point out one other thing. If you look just
below L2, you will see a small SH. This may be the one we are looking for and we may not get one between L2
and L3 if this is the case. With the SH in question, I choose to close all of the trades and book all of the profit
and will wait to see what happens next.
Chart 3 shows the closing of the trades. On chart 4, we can see that volume is drying up. This is something we
look for when we trade the BARF setups. Price volume exhaustion. When volume drys up and can no longer
support rising prices. Notice also that the rise from the bottom of the drop shows 3 distinct levels. After 3 levels
on any time frame can we not expect a reversal of some scale? Being the aggressive trader that I am, I will
enter a short here and look for either the SH or the topping "M" to form and for price to retrace.
Since I was expecting the SH here, I closed the 2 shorts after a short drop and reversed into long positions,
looking for a rise to L3 and a new PH. This is shown on chart 1.
Chart 2 shows the same order building and protective stop loss procedure that I've been using since the
beginning of this exercise.
Chart 3 shows extension of the progression and stops. Since I'm looking for a top here, I want to try and
maximize my profit so I close all orders and decide to wait for confirmation, one way or the other and this is
shown on the 4th chart.
The 5th chart shows the "M" topping formation that I was looking for with a couple short entries. I won't load up
here as L1 and L3 usually chop around a bit before price moves away from them.
Finally, we have reached the end of this exercise but I'll add another few charts later to illustrate
another point. The final chart shows topping formation with pins and the familiar "M" and orders
were closed out to end the simulation.
Interesting to note that our little $10k account has grown up into a formidable $311,500.00
account! And we didn't need anything but the basic market cycle to do it with.

This is how to trade the cycle and this is how to use stops for your protection and profit. You
don't have to trade the way I do, but you can use how I trade to improve your trading. You don't
need 25 trades across 25 pairs, all you need is one market cycled identified and to place your
trades on that one pair, in concert with the intended direction of price.

TAKE WHAT'S GIVEN AND DON'T GIVE IT BACK!! YOU CAN ALWAYS RE-ENTER A TRADE BUT
YOU CAN'T BOOK LOST PROFIT!!!
m365 wrote:
I really appreciate all those posts CJ. I learned a lot, and I think if I reread it again I will learn even more.
Showing each trade step by step with comments about what you are thinking in the moment is extremely
helpful. I have a few questions:
In post#5, on the usdjpy picture, it has large red arrows pointing in the direction of the trend. I have seen them
before on your charts, but I can’t think of what its purpose is.
In post #22, you talk about taking a long at support. Do you mean the accumulation area to the far left or the
traditional s/r people use? Because I thought you don’t pay attention to s/r.
Do you tend to stack trades during particular sessions and avoid doing it during others? If you predict a pair to
move up, do you have any way to know the estimated time it will happen?
Post 5 - the red arrows show a larger market cycle in play.... if you look at the weekly chart, the red arrows are
the 3 yellow lines that are in the white box....on this chart.
Order Stacking
Post by -CJ- » Tue Apr 17, 2018 7:09 pm
One of the methods I use and refer to often is order stacking. Some people refer to it as scaling in. Either way,
you will have multiple orders on the pair, placed at various levels as price moves through the levels and
patterns. The reason I do it is because I have identified a cycle, I have located price within that cycle, and as
price follows the cycle, I can add trades to a known cycle, as opposed to seeking another. When you are right,
you are right. Why place a single trade here, and then go looking for another trade on one of the 27 other pairs?
Places to add trades are breaks of levels, retraces and retests or levels, possible fib level bounces...there are
many ways. I'll post a few examples as I come across them. Stacking orders this way allows you to limit risk at
the beginning of the trade, and add to the orders as price moves in your direction. Protective stops can be used
to protect orders in profit as price navigates the levels.
-CJ-
Climbing the "steps" of the cycle - Pushes, Levels and Cycles
Post by -CJ- » Sat Apr 07, 2018 11:16 pm

I thought I would take the time to post some information on what comprises, levels, pushes and the cycle. A
large TF cycle is comprised on many smaller cycles that occur on the lower time frames. So, 1 weekly cycle is
comprised of 3 levels, PL, PH....Each of those levels in comprised of 3 "pushes" in price, either up or down. Each
one of those "pushes" is usually a 3 level completed, PH-PL cycle, that has completed on a smaller time frame,
below the weekly. Each of those levels on this smaller TF cycle is also then comprised of 3 pushes in price,
with PH-PL, forming a completed cycle on the even lower time frame...so on and so on.
While it may be hard to understand, it is quite simple. The easiest way to show this is with charts…

Look between each level and

you will see the "pushes" that
are actually levels on the lower
TF, perhaps the 1M here
The complete 3 level PL-PH
cycle is displayed, with price
pulling back into a reset/retrace
area.

As you can see, the

complete 15M cycle
above equates into the L1
rise and reset that has
occurred on the H4 chart -
one cycle on the 15M, of 3
levels, completes one
LEVEL on the H4 chart.
The pushes are labeled
on the H4 chart. Please
note that price has pulled
back to the reset/retrace
level as it did on the 15M
chart...

This progresses right on

up into the highest time frames. Meaning, the completed 3 level, PL-PH cycle shown on the H4 chart will
represent but one level on perhaps the weekly chart cycle....and so on and so on.
Post by -CJ- » Sat Apr 07, 2018 11:31 pm
Another example....15M chart, PH-PL, 3 cycles complete. This 3 level cycle, again, will appear as one level of
drop on the higher time frame charts…

Another on the H1 chart, albeit a dirty one...same thing, this will present itself as but one level of rise on a higher
TF.
Don't confuse the 3 Drive Harmonic pattern with the daily cycle. It's called the daily cycle because this is how
the MM's work the market, session to session, and the 3 day cycle is based on the 15M time frame. Note the
cycle can be anywhere from 3-5 days in length. The article I linked referenced the harmonic pattern, that is
based on a very rigid set of rules. That harmonic pattern is one of the rare patterns, that is all. Read the article
again to see the fib rations and distances that create the 3 drive pattern. The 3 day cycle has no requirements
for fibs or distance between the drives.
The cycle we are looking for is 3 rises in price or 3 drops in price...with the familiar PH or PL structure.
I will try to get another video out and scan some live charts, looking for the pattern. There are some clean
patterns out there but there are also some dirty ones. It's surprising how many clean ones I see.
Last but not least, thanks for the comps on the video. Hope to do many more.
-CJ-
I'll throw these up here to start with. I'm sure everybody knows about trends and reversals so I won't go into that
here. Two complete cycles, PH-PL, and PL-PH. Put them together and you have the mid week reversal.

These are the 3 rises or 3 drops in price, with PH and PL structure. It doesn't matter what scale chart its on, it's
the same all the way down to the tick level. When we search for these goldmines, we don't want to look at
each and every candle. We want to look at them much like a harmonic indicator searches for its patterns. It
could care less if the candles drift left, drift right, move up or down, or range. It's looking at the path that price
makes, moving from one point to another on the chart. It moves from point A to point B, reverses and moves
from point B to point C, reverses again, moves from point C to point D. So in the end, no matter what price did
on its way to those points, the spacial ratios between the end points are what it looks at to determine if a
pattern formed. Different rations between A,B,C and D create different patterns. In essence, it filters out all the
noise and distortion and looks at the patterns created by the reversal points. We need to do the same thing.

Too many times we stick our noses right into the chart...we micro focus to a point that we can't really see what
we need to see. We need to step back and start farther away so we have a good field of vision in front of us.
We need to change time frames, zoom in, zoom out and just look what price has done. Once we find the cycle,
starting from the higher time frames, and working lower, we can start to micro focus on where we are in that
larger cycle and put it to use on the lower time frames.

Open a book and read the page. If you hold it too far away, you can't see it, or maybe you need to hold it away
to read it. But stick your nose right up against the page and you won't be able to see what you need to see. All
the info is still on the page, we just need to bring it into perspective.

The L, LL, HL and the H, HH and LH are labeled by some, as A, B and C on the charts that you see.

-CJ-
Deception
Post by -CJ- » Sun Apr 08, 2018 3:40 am
I'm going to recreate a post, from my earlier days, when I belonged to a small, private, paid forum. This has
been re-posted on several sites, so if you have already seen it, don't reply or spoil it for others. It's a valuable
exercise in deception.
TRICKERY
TRICKERY
T-R-I-C-K-E-R-Y
Here's 4 ways to same the same thing....BUT PRESENTED TO YOU AS 3 DIFFERENT PATTERNS... The word is
the same and the intent is the same. No matter how it looks to you, it is the same....
The Fox shows you the same thing over and over and over again, but presents it to you in different ways, or
patterns. They use deception and deceit, making things hard to see, or they would lose effectiveness in what
they are doing....which is taking money from others.
They sell you lies, and try to hide it from you in many ways. Hoping you do not see the patterns they follow.
They aRe Intent on triCKing us in EveRy waY possible!
Thoughts? CJ-
mokker wrote: Sun Apr 08, 2018 10:57 pm
Mr. CJ Fox... you TRy to dIrty up a Clear looKing "patteErn" in this thRead, didnt You? :idea: :)
And lied to you while I did it! :D
Same with chart patterns...you have to learn to read between the lines because they keep showing us the same
things over and over, but try to cover their tracks with lies, deceit, distortion and confusion. But its always there....
Good job - over 50 views and only 2 replies... looks like somebody(s) need a lot of work.
This was a little game here, but trading your hard earned money is not!
-CJ-
All of these are the same as the image of the
bull/bear trend reversals....WE are the ones who
create confusion. These are all the same and
many show the same H&S bottom as did UCAD.

-CJ-
 Why do we assume that it is always a 3 level
cycle? Many times it is and this is what we look
for, but if it was as simple as that, none of us
would be here having this conversation. MM's will
go where the money is and if it takes another level
to clear the board, then they will do it. That is their
job, to make money and they will not walk off
without it.

It has nothing to do with previous PH,PL or

previous anything else...it has to do with where the
orders are at that point in time. CJ

Charlie wrote: Tue Apr 17, 2018 6:51 pm

Thanks for taking the time to post these.
You are welcome Charlie. I can post things over and over
and people say they see what I say, but seeing and
perception are 2 different things. Your perception of what
you see may not be of the same intent in which I portrayed
it. I try to get traders to answer their own questions for this
reason. This is an education process, not a set in concrete
system. I've said that many times. There is no "template" that
fits every situation on every pair. The MM makes it hard to
see, other wise who would fall for his traps?

-CJ-
I borrowed the pic because it deals with the same image...almost to a tee. PH and PL do not form a level. PH
and PL are formations, of which L3 RISE or L3 FALL, is part of. Peak Low Formation, Peak High Formation. We
count levels as a place that price has risen to or fallen from, a previous level, and pauses during
accumulation in that area. We do not count SH's as level as they are not accumulation areas, but quick
reacting, clear the board areas.
Try not to mix methodology from other methods. There are those who count the SH as a rise or level.
Sometimes there are 2 of these in the complete cycle. The one we label as the SH and many times, another
near L3. I consider those as part of the PH/PL FORMATION and do not count those separately. I try to stay
uniform across all of the charts I post, but some are not as easy as others.
L3 becomes L1.... and the area you mark as L2 is the area I call L1 Rise.... price has risen from a previous
level, to form a new accumulation area. If you continue to label the 3 rises as you do, you will end up at L4. If
that is how you need to do it in order to understand, then do it. I count them from L1 as L1 rise, L2 rise and
L3 rise, which forms the new PH FORMATION. The L3 rise area terminates in an accumulation area, where
price chops at the top and bottom. When price leaves these areas, many times they will return and test the
level they left. This is not a new level as price ends up back at the same level during the retest. Some traders
call this area "the hook". As always, the less technical terminology is the simpler route and that is the one I try
to follow.
The Yotov is the exact match for the diagrams we are discussing....it shows 3 levels of rise, or as he indicates,
1st run, 2nd run and 3rd run. The same 3 levels of rise as I describe it. All of the diagrams illustrate the very
same pattern, they are the same. There is no 4th or 5th rise in any of them. What he marks as the 4th and
5th is part of the PH formation itself, but price does not stop and accumulate at point 4, it is a SH, nor at point
5...it is the absolute PH and price does not form a level or accumulate there, it drops back into the PH
formation and price chops there as accumulation occurs.
In my past postings, you will find that I have said
when a MM does not get the orders he expects,
especially at PH or PL. they will drive price
another 25-50 pips to induce the action. This is
on a 15M cycle that they trade and will
sometimes create additional levels. As the 15M
pattern matures across the time frames, this extra
level can be a much lager number if points
above or below the PH/PL.
My thinking will stay the same. What we look for
is always the same... 3 levels of rise or drop, off
the PH or PL formation. Individual traders should
adapt these methods into their own individual
trading styles, which may differ from mine. This is
how I see and count the levels. It has not
changed since I began this journey.
What does Elliot Wave teach? The exact same
thing....1-2-3-4-5-a-b-c, 3 levels of rise or fall in price, creating a new PH or PL FORMATION.

How many times have you seen my annotate

the charts with this same 1-2-3-4-5
progression?
I have never labelled a chart in this manner, by marking the SH and PH as levels or rises in themselves...but
that is what Yotov does. It is for you to decide what methodology you choose, but you should not mix them.

Here's another way how traders indicate what they are seeing....its all the same. There is no 4th or 5th levels
to look for... PL or PH followed by 3 levels of rise or fall....maybe this is what you need to see in order to
comprehend the cycle better.

PL-PH cycle = W-V-V-M

PH-PL cycle = M-A-A-W

All the same...