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You say it went up from 11252 as you predicted? It appears to me that it went a few ticks above 11252 and then went down, exactly the opposite of your forecast. What am I missing here? Im about halfway through your book and I'm trying to grasp your concepts. Thanks.
When EUR was edging lower, Kertdizo asked where target could be, as seller, we could see 11252 must be the key BP resistance if upward movement begin, in other word it should be used as protection "buy stop" before price hit 11130.
and Since BP 11252 was lift, an upside portion of lager equilibrium would happen, then it is wise to look for buy oppertunity, of coures if you are a day trader you need to find good support level with sell protection stop as 2 charts shown.
good catch !
I thought the same so, and I went through all of his posts. he has done this before.
to me, he's just randomly buying or selling and whenever anyone asks a real question he's just either changing the topic or changing his comments.!
he forecast-ed the market for upward, and market fell down so fast ! then he changed his comment and added reverse market bla bla bla !
what a joke
This is a reading comprehension problem! Key words matter. John said "A CLOSE ABOVE" 1,1252...it did NOT close above the number. He said it WOULD REVERSE and go lower...and it did!
I think it is important to recognize that as scarry accurate as the JCharts are that even the "master" could error...but not in this case....better luck next time "Camel"