{quote} Excellent. Thanks for letting me know. I don't have MT4 on the computer I am on (and am not allowed to install it anyway). Are there any zones still in play above the 72-75 area?
- #1,981
- Jul 15, 2013 7:07am Jul 15, 2013 7:07am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
- #1,983
- Jul 15, 2013 7:12am Jul 15, 2013 7:12am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #1,984
- Jul 15, 2013 7:14am Jul 15, 2013 7:14am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
- #1,985
- Jul 15, 2013 7:15am Jul 15, 2013 7:15am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
{quote} Your last red dot is approaching the higher of the BB, looking at 62. If I've got the BB/Stoch/ZZ logic right, if green zone is not taken out (ie. a fakey), we will break your last blue dot and some time in the future may return to green zone, right?
Or install one of the groupware stuff on your home pc and remote log in to check mt4 at home
- #1,987
- Jul 15, 2013 7:22am Jul 15, 2013 7:22am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
Hello: sometimes the indicator does not update the zones in the chart above automatically. So, you need to check click on the indicator in the bottom window before you will see the zone ... Furthermore, as soon as dis-similarity begins you need to mark that level and adjust your plans. Remember that when there is a zone above and a zone below, price will go for the one that is easier to take out and at the same time she will try to create fewer new-zones. So, if there is a trend, then the zone in the direction of the trend is cool.!!! It is all...
I guess, this was the underlying tone of my recent posts/queries.... determining which zone to take out via Best Move!
P.S Sent you a vouch as I think you deserve it for both your threads.
A pip is only worth it if you know how much you risked to earn it
- #1,989
- Jul 15, 2013 7:29am Jul 15, 2013 7:29am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} BTW, if you have a vps you can have a mt4 running on it and can access from anywhere
At the same time, I don't want to be a slave to a custom indi. I like the idea of being able to use what most other traders would have access to - especially the big boys.
If some mathematical geniues was able to find a correlated indi that would show the same divergence between 2 timeframes on stochs, then please shout out or PM me.
And just to air out some thoughts: This notion of taking out zones - isn't necessarily new - but Eurusdd has introduced an elegant way to visualize it.
The notion of eternal recurrence is very much a human thing being played out in prices. Reaction to price levels is traditionally seen as Support/Resistance. The return principle is displayed most eloquently in the 50% level between to points. This can even play out on multiple levels (time and price) - otherwise known as fractals. ===> Price will always seek out the equilibrium level. We humans just keep changing and reshaping the container/mountain.... so therefore the liquid nature of price flows towards balancing point after crashing against a wall we've created.
A pip is only worth it if you know how much you risked to earn it
- #1,990
- Jul 15, 2013 7:32am Jul 15, 2013 7:32am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
{quote} Cheers mate... it's definitely worth considering. At the same time, I don't want to be a slave to a custom indi. I like the idea of being able to use what most other traders would have access to - especially the big boys. If some mathematical geniues was able to find a correlated indi that would show the same divergence between 2 timeframes on stochs, then please shout out or PM me. And just to air out some thoughts: This notion of taking out zones - isn't necessarily new - but Eurusdd has introduced an elegant way to visualize it. The notion...
I tend to agree.
- #1,994
- Jul 15, 2013 7:38am Jul 15, 2013 7:38am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #1,997
- Jul 15, 2013 7:42am Jul 15, 2013 7:42am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} Yeah but should not the zone start from that candle that created the dissimilarity?
A pip is only worth it if you know how much you risked to earn it
- #1,998
- Jul 15, 2013 7:43am Jul 15, 2013 7:43am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
{quote} What I don't get is why that green zone does not have any candles around it?
