There are too many lies being peddled to us as the basics of trading. They are actually the basics of loosing money
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DislikedI think you should look at that post of FX-Jay (https://www.forexfactory.com/showthread.php?p=7837257#post7837257). Although he showed a mid-TZ, quite often 2, 3, or 4 TZs can occur within the prize levels of previous TZs. This can prevent to fully clear TZs. Just to let you know ...Ignored
Disliked{quote} I think you should look at that post of FX-Jay (https://www.forexfactory.com/showthread.php?p=7837257#post7837257). Although he showed a mid-TZ, quite often 2, 3, or 4 TZs can occur within the prize levels of previous TZs. This can prevent to fully clear TZs. Just to let you know ...Ignored
Disliked{quote} Some divergence appears during mid TZ (big trend so no counter trade). Some divergence appears before mid TZ (you enter the trade before big trend appears).Ignored
DislikedI gave and quit forex more than 10 times in the past! It was so painful, the thought of quitting cos that would mean I just wasted 11 years of my life trying to make it through forex and financial markets.Ignored
Disliked{quote} When I hear statements like that, people struggling with financial markets for 3, 5, 9, or 11 years, for me this is GOOD NEWS. This just proves to me that it is a statistical certainty: the more you try the more chances you have to succeed. But the way you try will depend on many things that are dependent and independent of you. This will increase or decrease your odds of succeeding. The question now is: will this strategy keep going with 73.7% win rate...Ignored
DislikedI started two weeks ago to do some tests in regards to the TZ theory. Although I didn't stuck to the original ideas presented in the similarity system thread, I was able to find some high probable setups (92 % for making 10 pips - 2 pips for spread within 2 hours) incorporating h and k. However, these signals are quite rare (1 every 2 weeks). In regards to your poll. I think it's too soon to make a decision with only 19 trades in the explorer ... I'll wait to see the results of 100, 200, or 500 trades.Ignored
Disliked{quote} AntiCre, can you please share a link to the best TZ thread ?Ignored
Disliked{quote} I think you should look at that post of FX-Jay (https://www.forexfactory.com/showthread.php?p=7837257#post7837257). Although he showed a mid-TZ, quite often 2, 3, or 4 TZs can occur within the prize levels of previous TZs. This can prevent to fully clear TZs. Just to let you know ...Ignored
Disliked{quote} Hi AntiCre, What an important image, I saw this image so many times, but still can not fully understand the reason. Technically price will go back soon after a big move like this, but in this case ... a famous 60% retrace also did not work here ... ... Reasonable (proved reason) is still hidden for so many years , and must (still) be dug ... News (high impact one) can be the cause of this ?? but we know that not every time news can give result like this ... any clue to avoid very big draw down cause by this move ?? Thanks...Ignored