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Finally eurusd transient/recurrent zone mystery cracked

  • #41
  • Jun 8, 2018 4:59am Jun 8, 2018 4:59am
There are too many lies being peddled to us as the basics of trading. They are actually the basics of loosing money
  • #42
  • Jun 8, 2018 5:05am Jun 8, 2018 5:05am
If mixed of TZ and divergence that's why H is relative. Same entry can works with many near H but not all.
Bottomless wonders spring from simple rules, which are repeated without end
  • #43
  • Jun 8, 2018 5:12am Jun 8, 2018 5:12am
Quoting AntiCre
{quote} So you go for a clearance of former TZs?
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 ...
  • #44
  • Jun 8, 2018 5:18am Jun 8, 2018 5:18am
The trend is your worst enemy. Lol
  • #45
  • Edited 5:52am Jun 8, 2018 5:22am | Edited 5:52am
Quoting AntiCre
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 ...
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).
Bottomless wonders spring from simple rules, which are repeated without end
  • #46
  • Jun 8, 2018 5:23am Jun 8, 2018 5:23am
Quoting AntiCre
{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 ...

The truth is that my way is different from fx jays way. EURUSDD had told us this is like a plain canvas. you can paint any how you want with it and still get beautiful artwork. TZ is not cast in stone its rater a way of looking at the market. 10 of us can create 10 different ways to trade using TZ. There is no one way. This is my way and no one on earth trades like this that i know

So i cant be bothered about how fxjay does it. i probably wont make profit using his way
  • #47
  • Jun 8, 2018 6:17am Jun 8, 2018 6:17am
Quoting ephisi
{quote} i probably wont make profit using his way
Except he shows me how.
  • #48
  • Jun 8, 2018 9:51am Jun 8, 2018 9:51am
Quoting limprobable
{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).
I was not talking about mid-TZs. I think there's a way to handle mid-TZs. The problem are situations like that: A TZ before the targetprevents to get it ...

@ephisi: Surely. there could be may ways. I haven't said that it must be done this or that way ...
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  • #49
  • Jun 8, 2018 10:37am Jun 8, 2018 10:37am
Quoting ephisi
I 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.
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...
  • #50
  • Jun 11, 2018 8:18am Jun 11, 2018 8:18am
Quoting Weyk
{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...

Awesome man! This is a very clear pattern I have also come to discover.
  • #51
  • Jun 11, 2018 8:21am Jun 11, 2018 8:21am
It's going to be a quiet day as I do not see any signals in the next 8 hours. Take a break and will be expecting something to show up after 8.

Did you know that successful traders execute their strategies like robots? Having a successful strategy like mine does not guarantee you success. Knowing when to stay out of the market and when to trade according to your triggers is one of the hardest things any trader will ever learn. This takes years to master
  • #52
  • Jun 15, 2018 4:27am Jun 15, 2018 4:27am
Quoting AntiCre
I 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.
AntiCre, can you please share a link to the best TZ thread ?
  • #53
  • Jun 15, 2018 7:21am Jun 15, 2018 7:21am
Quoting alphadude
{quote} AntiCre, can you please share a link to the best TZ thread ?
I don't think that there is one. I think there were some threads @FF and some @penguintraders. However, they almost all contain the same thing - the pure theory and maybe some numbers that have been calculated by some members ...

Try this (https://www.forexfactory.com/showthread.php?t=509195) - this is imho the most intense.
  • #54
  • Jun 15, 2018 1:51pm Jun 15, 2018 1:51pm
King Of The Markets. Roars
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  • #55
  • Jun 16, 2018 3:55am Jun 16, 2018 3:55am
Good for you Ephisi i remember you were quite ambitious in learning the tz/rz and similarity principles back in the days. You sticking to your plan hopefully turned out for the best!
  • #56
  • Edited 10:47pm Jul 11, 2018 9:01pm | Edited 10:47pm
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  • #57
  • Jul 21, 2018 2:47am Jul 21, 2018 2:47am
Quoting AntiCre
{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 ...
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 in advance.
  • #58
  • Jul 21, 2018 3:21am Jul 21, 2018 3:21am
Quoting AntiCre
{quote} What do you mean? ZZ outside BB?
I think you are right mate ... thanks.
  • #59
  • Jul 21, 2018 4:35am Jul 21, 2018 4:35am
Quoting newhope
{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...
I think it doesn't have to be caused by a big spike. I like to see it from this perspective: The revisit of almost all prize levels within a given time period is one of many properties of the forex prize process.

Thus, if you look left of a prize and that prize hasn't been hit within a given period, there may be a high probability that the prize will be revisited on the right side within your period. You chose that period so that you can calculate the probability for every prize being hit at least twice within the interval 2 * h. If you make h very big, you have a very high chance that prize will be revisited within the next h bars (e.g. a probability > 99 %). However, there's a trade-off. The more you increase h, the longer it may take that prize revisits a particular level and the bigger your DD may become once you decided to trade the return.

Hope it helps. I think it's nothing mystical, it's just a property of the markets ...
  • #60
  • Edited Jul 23, 2018 1:24am Jul 22, 2018 11:18pm | Edited Jul 23, 2018 1:24am
Quoting ephisi
The trend is your worst enemy. Lol
Hi ephisi,
What do you mean ?? Is it a joke ? Note that your post is very uncommon, but it is very interesting. "Trend is your friend" ... it is the magic sentence we can hear/read every where, every time ... this magic sentence is posted by professional traders, and also by simple normal trader or even a beginner. As a trader, we (almost) always depends on some Indicators or other tools to detect entry/exit signal, from a common indicator given by MT4 platform (MA,Stoch,RSI,BB,ZZ,etc ... etc ...), to a very complex custom indicator, made specially for helping us in decision making every day ... i am not clear with your statement above. So, any explanation of it will be very helpful ... Thank you in advance.
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