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- jackeollio replied Mar 31, 2014
Hi Athcos, These levels are calculated by my application. I have personally created and designed all the algorithms which calculate the data you see on my charts. Cheers.
Only Gold!
- jackeollio replied Mar 31, 2014
As you can see from my last post which contained my charts : On my 8 Hour chart, Traders (column #2) were waiting to Buy @1289.25 ...
Only Gold!
- jackeollio replied Mar 31, 2014
My charts have 4 columns : Column #1 : indicates market direction/pressure. Blue = Bullish, Redish Pink or Pinkish Red = Bearish Column #2 : indicates level at which TRADERS are willing to Sell (i.e. Short) and Buy (i.e. Long) Column #3 : indicates ...
Only Gold!
- jackeollio replied Mar 31, 2014
Hi All. As you can see from the charts below, 1) on 4 Hour : market is consolidating (nor up nor down) between 1297.19 and 1291.43, 2) on 8 Hour : market indicates Bullish pressure (Blue "L" shape in left hand column) between 1292.10 and 1298.14. ...
Only Gold!
- jackeollio replied Mar 28, 2014
Here's what I got for today ... on Day : Demand @1286.07 on Week : Supply @1324.91 Cheers to all ... Have a good weekend.
Only Gold!
- jackeollio replied Mar 27, 2014
Well, what I am saying is that I joined this group not with the intent to sell anything to anyone but just hoping to share my views with a bunch of friendly traders. Although I have some trading experience, I still have much to learn and I believe ...
Only Gold!
- jackeollio replied Mar 27, 2014
I guess you can say it that way ... My term for when the market is in between Supply (Daily chart) and Demand (4 Hour and 8 Hour chart) is that the market is Consolidating. Now because Supply remains active on the Daily chart, we could see the ...
Only Gold!
- jackeollio replied Mar 27, 2014
I'm not really interested in selling anything at all. But thanks for your interest !!!
Only Gold!
- jackeollio replied Mar 27, 2014
For those of you who are wondering, my charts now look like this ...
Only Gold!
- jackeollio replied Mar 27, 2014
I don't know what the High is on your 8 Hour chart but on mine it sits @1298.26. Therefore the market has not yet breached the second Supply level indicated above which is @1298.83. Although the next 8 hours is a Bull market, my CAUTION to all is ...
Only Gold!
- jackeollio replied Mar 27, 2014
On my latest 8 Hour chart, you can now see that we have a Low (Grey colored area). Therefore, my 8 Hour chart indicates the following : 1) Bulls rule (weak) for the next 8 hours (unless both Demand levels below are breached), 2) new Demand level is ...
Only Gold!
- jackeollio replied Mar 27, 2014
What you need to know is that on the Monthly chart Suppliers have pushed the market in the zone where Demand is highest in the entire Month. Which means that the probability of a 'snap-back' rally is at it's highest it has been in a month for as ...
Only Gold!
- jackeollio replied Mar 27, 2014
Thanks for asking. I apologize to Lapras for not answering his question in my previous post. The reason there is no Supply and Demand indicated on the 8 Hour chart is simply because Supply has overcome Demand. When Supply overcomes Demand, this is ...
Only Gold!
- jackeollio replied Mar 27, 2014
Excellent question! Notice the background colors : 1) Blue is for Buyers 2) Red is for Suppliers 3) Yellow is for unfilled gap Now for the numbers you see : 1) the number 14 means 14% of the gap has been filled by Buyers 2) the number 25 means 25% ...
Only Gold!
- jackeollio replied Mar 27, 2014
Please read my quotes carefully. Your definition of market spread is different than mine. For me, Brokers have nothing to do with Market Spread. Market Spread is only about the difference Buyers and Suppliers (non-brokers). If you look at my charts, ...
Only Gold!
- jackeollio replied Mar 27, 2014
quote=aliqazi;7366524]thanks bro i can hold on 1270 but if still go down than i loss my account i think go back its big dig................. still cannot got sell,whats ur view about thd day i want to close best point[/quote] You are in a difficult ...
Only Gold!
- jackeollio replied Mar 26, 2014
Well the best way to verify whether it is possible to calculate Market Spread: 1) look at the charts I posted today ... compare the info on the charts with what you see on your trading platform. 2) keep looking at the charts I will be posting and ...
Only Gold!
- jackeollio replied Mar 26, 2014
If you have no idea how to calculate Market Spread from Price Action then you're on the right track. It took me a long time to figure it out!!! You can rest assured that it is possible. When I started out, nobody ever gave me a hint that it was ...
Only Gold!