thread: JohnFXs Price Magnets

JohnFx, been keeping my eyes on you and you are doing some fantastic work. Keep this up and I look forward to your articles.

Hi JohnFX,

I have been looking at various charts analysis. Your magnets are derived from 1 minute charts - what has been your reaction to a similar gap in a 2 minute chart?

Bon soir

Hi,

I have been looking at different charts analysis. Your magnets are based on 1 minute charts - what's been your response to a similar gap in a two minute chart?

Bon soir

I don't watch the 2 minutes. On a regular basis, but if a gap appears on the two minutes. Or some time frame, then it is a viable target to watch.

Due;

The Mini Dow includes a magnet in 11365 plus the old one at 11240.

Currently it's at 11336

This 11240 goal was struck yesterday (3/28), following the fed announcement.

Mini Dow futures includes a target of 11334.


Thanks

johnFX

Mini Dow futures includes a target of 11334.


Thanks

johnFX

Now, additionally 11269

Thanks;

johnFX

Today, also 11269

Thanks;

johnFX

11269 target hit.

Anybody also heard from john recently??? He had been our resident scalper at one point...

I've been wondering the same thing for some time now...

John, if you're out there, let us know how you're doing! :-)

Seeing my 1 second chart signals for eurusd, here's what I'll do. Of course I shall continue to exchange my routine methods during NY session 8:00 - 12:00, that's where I make my money. I have researched more 5 min. Charts and actually feel this 5 min. Occurance I have noticed has honor. The thing about it is that most of the signals happen during the slower trade intervals. So obviously I can not watch the charts 24 hrs. A day and ch them all. Additionally these trades are not fast scalps, some of the trades can last a couple of hours to attain the target. However, I consider that short term trading, particularly since the signals come off a 1 minute chart.

So, what I'll do for now is post the signals (as many as I can), in this thread for everybody to see. I'll post the buy or sell level, stop and the target price. I want to stress that I am not yet trading these signals with real money and don't recomend anyone to trade with real money on these signals. A demo account obviously is ok. I'll do this for a few weeks and we're going to see how the results are.