J-Chart. Charting Markets into the Future. Index Futures, Forex, Stocks, Bonds.
         
 
  EDUCATION
    Introduction
    Overview of Concept
    Data Display
    Entry & Exit Points
      2 Basic Principles
      Achieving Equilibrium
      Breaking Equilibrium
    Trend Analysis
    Price Forecasting
    Resonance Effect
    Getting Started
    Examples
    FAQ
    Seminars
  COMMENT ABOUT J-CHART

Dr. Bill sims
From Princeton


FX
Discussion Thread





Matt Blackman about J-Chart

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J-Chart Frequently Asked Questions
  1. What is unique about J-Chart?

  2. What is the theory of J-Chart?

  3. How can J-Chart avoid the blind spot of traditional charts?

  4. How does J-Chart forecast price?

  5. Why use different intervals?

  6. How to determine historical days?

  7. What is the function of combination?

  8. How do you know that downloading is finished?

  9. Why doesn¡¦t the chart appear after a successful download?

  10. What should you do when downloading fails due to Internet connection and an error message is shown in the DOS window?

  11. How to print out the J-Chart?

  12. If the majority of people use J-Chart to trade would the J-Chart still work?

  13. How about the so-called contrary theory?

  14. Is J-Chart similar to MP(Market Profile)?
Q.01
What is unique about J-Chart?
ANS.
1. There is a logical theory behind it.

2. No ambiguity of traditional charts.

3. The ability to forecast price.

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Q.02
What is the theory of J-Chart?
ANS.
The theory of J-Chart is based on "Endless cycle between equilibrium and chaos is the inevitable phenomenon".

By monitoring the inner force movement (balance point) J-Chart can forecast future price and its path.

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Q.03
How can J-Chart avoid the blind spot of traditional charts?
ANS.
Conventional charts consist of Open, High, Low, and Close and their indictors are derived from mathematical calculation without any logic.

J-Chart's balance theory and its display can easily pin point the support and resistance.

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Q.04
How does J-Chart forecast price?
ANS.
During the process of obtaining equilibrium, some price will have its image, which is the boundary of balance.

This corresponding phenomenon of market price is the same as the particle and anti particle in physics, or day and night in the solar system, or even birth and death in human life.

J-Chart uses the 1st Point of Origin with the 2nd Point of Balance to figure out the 3rd Image Price in the future.

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Q.05
Why use different intervals?
ANS.
Traders with different trading cycle can adjust their frequency.

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Q.06
How to determine historical days?
ANS.
Traders who trade with different equilibriums can adjust the amount of historical days to get a better overview.

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Q.07
What is the function of combination?
ANS.
Traders can get better insights of support and resistance through a consolidated equilibrium with different time frames.

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Q.08
How do you know that downloading is finished?
ANS.
J-Chart¡¦s data download is time consuming due to its logical pattern recognition process.

When the low right side corner shows 100%, downloading is successful You need not click the button twice.

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Q.09
Why doesn't the chart appear after a successful download?
ANS.
Because the chart is bigger than your screen, you need to adjust the chart size by using the (-) button.

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Q.10
What should you do when downloading fails due to Internet connection and an error message is shown in the DOS window?
ANS.
You need to close the DOS window and reopen the program.

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Q.11
How to print out the J-Chart?
ANS.
In order to make longer-term forecast you need to print out a consolidated J-Chart with combined historical days in EXCEL. The following steps are for the print function:

  1. Click "Print".

  2. Select the beginning and ending day you want to print.

    For instance you need a 3 days combination chart from 7/30 to 8/01 you put 20030730 for start and 20030801 for end.

  3. Select unit and filter according to the chart size you want.

  4. Choose the file location.


    The print function only print historical chart. You are not able to print today¡¦s hourly chart, which is currently traded.

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Q.12
If the majority of people use J-Chart to trade would the J-Chart still work?
ANS.
J-Chart will work the same due to the reasons below:

  1. People who have the same opinion of the market do not necessarily react the same way.

  2. People with the same idea and the same reaction usually do not have the same target price.

  3. People who have the same idea, the same reaction and even the same target will make things (price) happen faster or slower.

    It will not prevent the event¡¦s happening but only distort the time sequence.

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Q.13
How about the so-called contrary theory?
ANS.
The contrary theory is just an untrue expression.

Market trading is a game of distribution throughout the time.

Either side will have a 50% chance to lose or to win at every single moment of trading but if you are against the real inner force, you will be the loser at the ending moment, no matter you are minority or not. L.T.C.M. is a good example. The winners are the majority.


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Q.14
Is J-Chart similar to MP(Market Profile)?
ANS.
Absolutely not !!
People sometimes mistakenly compare J-Chart with Market Profile due to its similar display, but they are completely different.

  1. MP is a straight market display based on the traditional fixed time interval concept by means of an alphabetical sequence for the purpose of statistical analyses.

  2. MP does not have any theory basis for performing price forecasts.


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Risk disclosure:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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