DislikedThis is how I use the similarity principle to trade, this is just the basics with only ZZ Semaphores. This how I track the price and determine the direction. Start with dissimilarity: dissimilar levels with the ZZ and Semaphores have 2 levels; 1 yellow, 2 blue. A 3 level ZZ maroon is also considered dissimilar only if the next higher time frame does not have one also. A level 3 ZZ Semaphore maroon, indicates a similarity no matter what the time frame. So I start with 30 min chart and look to see what the last ZZ Semaphore is. Currently it is a 1...Ignored
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A pip is only worth it if you know how much you risked to earn it
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Understanding liquidity, Time Action and Price Action is priceless!
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A pip is only worth it if you know how much you risked to earn it
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A pip is only worth it if you know how much you risked to earn it