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Time based transient/recurrent zones trading

  • #121
  • Jul 9, 2015 4:44am Jul 9, 2015 4:44am
Quoting vlady1974
I'm not developing a theory, just a casual observation or "stream of consciousness" thought but yesterday I was watching a pair go through a Sine Wave type sideways pattern but the way it ebbed and flowed made me wonder how the width of the waves would equal H values.... but could this also be related to the magnitude of the height (amplitude?). Was also running through my head the debate of moving averages being a lagging indicator - but that price too can lag against it's 'average' if we accept that price movement is a reaction to physical world...
Youre right mate. Your mind seems to be on to something. Price action is basically wave motion. Sometimes sinewave(ranging market) then sharply inclined descending sine wave(trending market) these waves are heavily H dependent. Now just liie a sine wave you have maximum minimum and zero levels. whenever price gets to the zero level we hit an inflection point. Learnt this from fxjay. Now the problem at inflection point is that we dont know if the next wave will be a continuation wave to minimum trough of the wave or do a reversal at the inflection point back towards forming another peak. I hope i have revealed something to you. The amplitude height as well as the distance from peak to zero level is H dependent. H can sometimes be wrt pips, other times h number of candles. I dont have the theory figured out but i see its application in my trading
  • #122
  • Jul 9, 2015 3:57pm Jul 9, 2015 3:57pm
Quoting ephisi
The crash of usdjpy seems to be showing me another dimension of TZ trading. So im reopening this thread to investigate and test this new dimension of time based trading. Looks much more promising than the sacred edge. Ideas just seem to be bombarding me lately. This is what eurusdd meant when he said he is not trying to teach us a strategy, rather he is trying to help us expand our minds to see market and price movement in whole new light.
My suspisions on usdjpy have been confirmed. Short signal from the top for over 500pips, Long signal from the bottom for quick profit of 140pips. I didnt take this trades because the move had already started before i realized the new dimension of TZ applicationn. Will start looking out for setups hence forth.
  • #123
  • Jul 9, 2015 4:12pm Jul 9, 2015 4:12pm
Quoting ephisi
{quote} My suspisions on usdjpy have been confirmed. Short signal from the top for over 500pips, Long signal from the bottom for quick profit of 140pips. I didnt take this trades because the move had already started before i realized the new dimension of TZ applicationn. Will start looking out for setups hence forth.
 
I maybe looking at a similar thing. What timeframe? Daily or 4H?
A pip is only worth it if you know how much you risked to earn it
  • #124
  • Jul 9, 2015 4:19pm Jul 9, 2015 4:19pm
Quoting vlady1974
{quote} Â I maybe looking at a similar thing. What timeframe? Daily or 4H?
Long was visible from 4hr down to 30mins timeframe. While shorts was visible from monhhly to 4hr timeframe. One just needs to figure out the rigtt time to enter the trades
  • #125
  • Jul 9, 2015 6:54pm Jul 9, 2015 6:54pm
Taken fresh trades in line with new direction of this thread. Eurusd eurgbp cadjpy audjpy audusd all long and will be held days to weeks. These longs are 100 to 150pips late but i have taken them beacause theres enough room to move up. Will add positions if we revisit the bottom
  • #126
  • Jul 10, 2015 2:28am Jul 10, 2015 2:28am
Quoting ephisi
Taken fresh trades in line with new direction of this thread. Eurusd eurgbp cadjpy audjpy audusd all long and will be held days to weeks. These longs are 100 to 150pips late but i have taken them beacause theres enough room to move up. Will add positions if we revisit the bottom
This dosnt just feel right, dont think i got the balls to withstand massive drawdown before price reverses in my favour. As neio once said this method seems to pithc you against strong trends which may reverse or may not reverse. The PTZ and ctz zones remain very important though as they act as magnets pulling price back sometimes repelling price too. The problem is sometimes they succeed and sometimes they fail. Hence i conclude that these levels should be used either as targets or to have an idea when or where correction wioo end. As observed on usdjpy 122 was a level that needed to be revisited from the bull run and 122 also was a level that needed to be rivisited from the recent bear move. This have been comppeted. Suprisingly there is something magical about such a zone but wont go into details. As i said earlier. These levels are important but we cannot say for sure when and if price will revisit them. My proposition is that they be used as targets applied to other shorter term strategies or they be used to spot where and when correction ends to reenter trade with trend using shorter term strategies. Any short from 125 levels would have used 121/122 levels as exit. Any longs from 120levels would have use 122 levels as exit. So in conclusion this is not a strstegy but a way to see the market and understand price movement. Hope this helps others
  • #127
  • Jul 10, 2015 2:31am Jul 10, 2015 2:31am
Quoting ephisi
{quote} This dosnt just feel right, dont think i got the balls to withstand massive drawdown before price reverses in my favour. As neio once said this method seems to pithc you against strong trends which may reverse or may not reverse. The PTZ zones remain very important though as they act as magnets pulling price back sometimes repelling price too. The problem is sometimes they succeed and sometimes they fail. Hence i conclude that these levels should be used either as targets or to have an idea when or where correction wioo end. As observed...
Didnt take me 24 hrs to come to this conclusion
  • #128
  • Jul 10, 2015 2:35am Jul 10, 2015 2:35am
Quoting ephisi
{quote} This dosnt just feel right, dont think i got the balls to withstand massive drawdown before price reverses in my favour. As neio once said this method seems to pithc you against strong trends which may reverse or may not reverse. The PTZ and ctz zones remain very important though as they act as magnets pulling price back sometimes repelling price too. The problem is sometimes they succeed and sometimes they fail. Hence i conclude that these levels should be used either as targets or to have an idea when or where correction wioo end. As observed...
There is once aspect i will investigate and test further though based on eurusdds proposition. If a zone becomes transient, the nexttime price passes through such a ctz, it must almost surely be H recurrent. This hasnt failed so far and i have never seen it fail
  • #129
  • Jun 6, 2018 11:51pm Jun 6, 2018 11:51pm
I finally cracked it. Follow me here

https://www.forexfactory.com/showthread.php?t=774793
  • #130
  • Last Post: Edited 1:53am Sep 21, 2018 1:38am | Edited 1:53am
Calling all TZ/RZ peeps once again. I have made further advancements in my TZ/RZ Work! I will post more details shortly. Future updates will be posted here: https://www.forexfactory.com/showthread.php?t=774793

Heres official spreadsheet for all levels in the markets price should return to:

http://bit.ly/shorttermtzrzequilibriumdata
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