Hey guys, it comes to a point where i can't follow. Too much excitation ! I feel some guys (and girl ?) don't eat / sleep anymore... .
- #2,144
- Jul 15, 2013 4:17pm Jul 15, 2013 4:17pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
I've just applied the template to USDJPY, which is currently playing contra to EURUSD. What direction is it heading towards? 
A pip is only worth it if you know how much you risked to earn it
- #2,145
- Jul 15, 2013 4:20pm Jul 15, 2013 4:20pm
{quote} I wanted to ask the same
Then I took my time and looked at each pink dot/line and then each blue dot/line and understood how the zones were formed and how the thickness of the zone was established.
I went through them one at a time and it was very educational.
You will see that if price breaks the "future zone" before the zone has been drawn price needs to come back through the zone after it has been drawn to cancel it out.
Also noted was the high and low need to be broken to end a zone.
As Eurusdd said most zones will be cancelled out within a week but some took 18, 21, 22, 34 or 37 days.
On the 10th of July it took out 3 zones of 6, 15 and 16 days old and created 2 new zones.
Just saying it is worth scrolling through to see a bit more.
- #2,148
- Jul 15, 2013 4:29pm Jul 15, 2013 4:29pm
- 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
- #2,149
- Jul 15, 2013 4:38pm Jul 15, 2013 4:38pm
- 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
- #2,150
- Jul 15, 2013 4:46pm Jul 15, 2013 4:46pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
I must confess too. I was one of the biggest skeptics. You gotta understand. I've been around forums since 05 and I have seen my share of threads that present impressive things that don't last very long. This, however, is surviving the test of time. I still have to wrap my head around everything that is presented here but definitely a fresh look. Thank you to all contributors and hope to make some contributions of my own soon.
- #2,156
- Jul 15, 2013 4:57pm Jul 15, 2013 4:57pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
The yellow line in the bottom window is climbing. We are heading for a top!!!! Maybe! 
- #2,157
- Jul 15, 2013 4:58pm Jul 15, 2013 4:58pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} this is how my chart looks like at the moment...what kind of zz settings do you use? {image}
However, the picture you sent before when replying to Eurusdd about the blackhole that would exist if the zone wasn't yet complete.... I couldn't replicate with my charts. No matter... not that important! As long as we tie the concepts down, that's more important - as we have to be able to trade it.
A pip is only worth it if you know how much you risked to earn it
- #2,159
- Jul 15, 2013 5:05pm Jul 15, 2013 5:05pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
The yellow line in the bottom window is climbing. We are heading for a top!!!! Maybe!{image}
Thanks for your guidance on this Eurusdd! Now get back to vacation! LOL
A pip is only worth it if you know how much you risked to earn it
{quote} It's the same as yours. I believe these were default from Eurusdd's template. However, the picture you sent before when replying to Eurusdd about the blackhole that would exist if the zone wasn't yet complete.... I couldn't replicate with my charts. No matter... not that important! As long as we tie the concepts down, that's more important - as we have to be able to trade it.
http://www.forexfactory.com/attachment.php?attachmentid=1233836&d=1373916853