Disliked{quote} Your 15M last ZZBot had PRICE and STOCH outside BB.... mine didn't..... AAAARRGH!! No wonder I was puzzled by that mofo!Ignored
- #3,962
- Jul 22, 2013 10:49am Jul 22, 2013 10:49am
- | Additional Username | Joined May 2013 | 724 Posts
Apologies for spamming the thread and not making any big contributions. Thank you all for accommodating and your patience has allowed me to increase my understanding steadily.
I have ask myself over and over why Eurusdd keeps saying that figuring out where price will be when a zone paints is key. I also remember him saying that although the rv series of indicators is limited in accuracy it has enabled him to see another side of thing. Below is my theory and I need to write it down because the last series of movement appears to fit it like a glove which gives me encouragement research along this line.
Using the chess board analogy there an unlimited possibility of moves that can be made. Knowing where price will be reduces that figure to a limited and workable set of possibilities allowing trade to be planned! If my theory of MDS, magnetic dissimilarity zones that attract price and RDS, repelling dissimilarity zones that repels price holds any water at all, we will be able to further reduce that workable set of possibilities to such an extent we can predict near exact price direction.
I attempt to demonstrate the theory this using the following example.
Assuming MDS that has to corrected from below and a RDS that has to be crossed from above. Given this scenario because we already figured out where price has to be when a zone paints we also know that price has to move upwards to clear the MDS. Assuming I am correct on RDS and this fits in with zones being S/R....price has no way to move down and we can simply deduce that price MUST go up. This is why I think Eurussd mentioned why price location is key as it tells us how must move in relation to each zone. Consider the various possible combinations of MDS and RDS with price between them and apply how price must move in relation to each of them, we should be able to predict where price must travel in each case! (Theory on MDS and RDS is few posts above)
At this point since we have price direction we are able to place "swinging" trades. However if we can also figure out how price will move in that direction we will be able to place multiple trades exponentially increasing potential profits. Entries and exits will now be the issue. I believe there is enough proven methods on how to enter, so my theory will not cover it. For exiting the swinging trades just use the close of DS candles. But the small multiple trades are trickier. However since we know which direction it goes and are able to make correct entries then simply employ the CI method and you should be able to make a good exit!
Whew!! Sorry to put you guys through this. Thank you for not laughing too loudly and I know im not brightest light bulb here but I dare say if I'm am correct you'll be jet shopping
I have ask myself over and over why Eurusdd keeps saying that figuring out where price will be when a zone paints is key. I also remember him saying that although the rv series of indicators is limited in accuracy it has enabled him to see another side of thing. Below is my theory and I need to write it down because the last series of movement appears to fit it like a glove which gives me encouragement research along this line.
Using the chess board analogy there an unlimited possibility of moves that can be made. Knowing where price will be reduces that figure to a limited and workable set of possibilities allowing trade to be planned! If my theory of MDS, magnetic dissimilarity zones that attract price and RDS, repelling dissimilarity zones that repels price holds any water at all, we will be able to further reduce that workable set of possibilities to such an extent we can predict near exact price direction.
I attempt to demonstrate the theory this using the following example.
Assuming MDS that has to corrected from below and a RDS that has to be crossed from above. Given this scenario because we already figured out where price has to be when a zone paints we also know that price has to move upwards to clear the MDS. Assuming I am correct on RDS and this fits in with zones being S/R....price has no way to move down and we can simply deduce that price MUST go up. This is why I think Eurussd mentioned why price location is key as it tells us how must move in relation to each zone. Consider the various possible combinations of MDS and RDS with price between them and apply how price must move in relation to each of them, we should be able to predict where price must travel in each case! (Theory on MDS and RDS is few posts above)
At this point since we have price direction we are able to place "swinging" trades. However if we can also figure out how price will move in that direction we will be able to place multiple trades exponentially increasing potential profits. Entries and exits will now be the issue. I believe there is enough proven methods on how to enter, so my theory will not cover it. For exiting the swinging trades just use the close of DS candles. But the small multiple trades are trickier. However since we know which direction it goes and are able to make correct entries then simply employ the CI method and you should be able to make a good exit!
Whew!! Sorry to put you guys through this. Thank you for not laughing too loudly and I know im not brightest light bulb here but I dare say if I'm am correct you'll be jet shopping
I want more brain power!
- #3,963
- Jul 22, 2013 10:53am Jul 22, 2013 10:53am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
- #3,964
- Jul 22, 2013 10:55am Jul 22, 2013 10:55am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} Great analyzing .....
A pip is only worth it if you know how much you risked to earn it
- #3,965
- Jul 22, 2013 10:56am Jul 22, 2013 10:56am
- 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
- #3,966
- Jul 22, 2013 10:57am Jul 22, 2013 10:57am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{image}{image}
EDIT:
BTW... that CI indicator I will take as a SHORT signal! LOLOL
A pip is only worth it if you know how much you risked to earn it
Lol
- #3,969
- Jul 22, 2013 11:10am Jul 22, 2013 11:10am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
These numbers are called worm-holes/black-holes for a reason. I said that sometimes they just don't make sense.
- #3,970
- Jul 22, 2013 11:11am Jul 22, 2013 11:11am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
I'm agree with you vlady1974. As Eurusdd said before about the "technical problem" & "fractal problem", the price has touch the "sink-hole" today, the time it needs are 2 days (until 23rd July) to sink to 1.30206 or even deeper to 1.29554
- #3,971
- Jul 22, 2013 11:20am Jul 22, 2013 11:20am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
{quote} Thank you great sir! You are .... as we say in Australia.... "an Effing Legend"!
- #3,972
- Jul 22, 2013 11:21am Jul 22, 2013 11:21am
- 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
- #3,973
- Jul 22, 2013 11:22am Jul 22, 2013 11:22am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} Fair dinkum mate, sorry if I am not very participatory at the moment, lots of shit on personal front and I am as tired as a dead dingo's donker.
Struth!
A pip is only worth it if you know how much you risked to earn it
- #3,974
- Jul 22, 2013 11:29am Jul 22, 2013 11:29am
- | Additional Username | Joined May 2013 | 724 Posts
{quote} Gonna try and read this over tonight mate, as you've written a thesis. No, you've written "Similarity: War & Peace" I'll see if I can get my head around it.
I want more brain power!
- #3,976
- Jul 22, 2013 11:31am Jul 22, 2013 11:31am
{quote} No. I did not open your eyes. They are already opened. I simply "helped" you look the right way!{image} I will take my profit now!!!
Hi Eurusdd, out of curosity what Volume indicator are you using? Or perhaps I missed it in the thread somewhere....Is it just a basic one or one that involves more than one TF?
Cheers,
Six
- #3,977
- Jul 22, 2013 11:31am Jul 22, 2013 11:31am
- 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
- #3,979
- Jul 22, 2013 11:39am Jul 22, 2013 11:39am
- | Additional Username | Joined May 2013 | 724 Posts
Like most here I won't crack the mystery but what I have seen are huge elements of supply and demand. Some of the zones I've seen are exactly where I would draw my S&D. Need to study further to see if it's a coincidence. As for predicting where price will be or go to, even supply and demand could come into play there. Would be interesting to have an M15 chart and draw S&D zones based on H1 H4 D1 M1 Y1. If I get time I'll take a look at this on the basis that current price and historical price are linked together.
Put them together you have another method of applying DS I want more brain power!