Disliked{quote} Why? Care to show proof of that statement? It mostly hinges on your h value on a particular timeframe.Ignored
Everything you need is contained in the thread. So people keep saying.
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Similarity Trading - The ZZBB Method 215 replies
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Disliked{quote} Why? Care to show proof of that statement? It mostly hinges on your h value on a particular timeframe.Ignored
DislikedAn uneven transient is simply a failed retest. Not a new concept, and certainly not a winning one without another filter. Too many potential fails between the confirmations. There is however, a filter... Lower settings or timeframes combined.Ignored
Disliked{quote} 1:1 works well on most timeframes if you know how to relate the action to the price. Price is the same on all timeframes. I know someone who scalps well on the Daily TF! That being said, I started getting really interested in scalping as whole after seeing the results a good friend of mine started achiving recently(919gilead). He still holds a day job and he's managed to make about 150% in 17days. On a live account. So far 44 trades, 2 losses. Win rate, 95% and very few trades making above 15pips. That makes a strong case for scalping. I...Ignored
Disliked{quote} Yes, but the "gold" here is not that it is uneven... rather that it is uneven within h bars. What happens after h bars is the area of the chart where triggers can get fired off. For example, in LITE's chart, UTZ 10 and 9 happen really close to each other after 24 bars but on closer inspection, the 25th bar after UTZ 10 is close to the boundaries of the zone, which is confirmed transient at the 25th bar therefore SHORT. UTZ9 is a bit trickier and I would have passed. UTZ8 is not in sequence (it is the 2nd bottom tz) so I take this as a setup...Ignored
Dislikedwith respect to thread creator systems: stoch/BB + 1MA/BB: you are actually trading the diverenge of 300,1,1 stoch to Price Close when stoch cretaes diverenge which it happens way rare then the 5,3,3 setup you assume that price will test that level again. nothing magical. just a math underlying stoch MTF stoch differencies: is the cause of bar gaps occuers during the fast price moves. data feed fails to print complete bar on 5min TF but at the same time prints the bar at 1 min TF this creates a difference between two stoch calculations and again...Ignored
DislikedHmm lest see AU short, EU short biased and ditto UC short biased. This is out of what I normally do but lets see.....Ignored
Disliked{quote} hmmm...personally I would short AU only if 8735 breaks. likewise 1227 on UC. Wouldn't short EU right now though. But that's just me...Ignored
Disliked{quote} Typo i meant long UC. These are biases for now. Prolly gonna be a tough day since we have yellen speakingIgnored
DislikedTZ zones: are 5 bar fractals. an improved version B.Williams fractals of 2-3 bars. you can go upto 10 even 100 what ever fits you. but this migth have an edge my2cnts GLIgnored
DislikedHello house, hope you all are pipping. I have totally changed the way i see market. This tz thing is really powerful. This is a lifetime study. My mind is blown and i have become humbled. I went back to the begining of the thread. And also tz concept from page 286. Learning new stuffs. Theres so much work to be done.Ignored
Disliked{quote} Thanks LITEchild. I understand where you're coming from now, i.e. from a scalper's point of view, not a swing trader. Sorry, no time to reply properly now but just wanted to say that UTZ #3 was the loser, not #4 (thanks for going to the trouble of numbering your chart, by the way). If you'd entered long after UTZ #3 was confirmed, you'd have lost. Best wishes, NTIgnored
Disliked{quote} You're making me repeat myself over and over and over again, it's making me sound like a broken record! Why on earth would I enter LONG immediately UTZ #3 was confirmed??? Again I repeat, TZs are setups. You still need an entry trigger!!!. There was no long entry trigger on that setup. Hence no trade. period.Ignored
Disliked{quote} Minor correction: this is one type (end-of-bar or "fractal" TZs), those, when completed usually imply a movement's end. If they are not completed yet they represent a viable target - there is a high probability that the fractal will "repaint". So slightly generalized interpretation to the BW fractal one. You can in addition to those have a mid-bar TZs, those typically indicate a strong move/breakout/trend when they are complete. There's an indicator "Recurrence statistic" here on the thread which can tell you about the probabilities of each...Ignored
Disliked{quote} You're making me repeat myself over and over and over again, it's making me sound like a broken record! Why on earth would I enter LONG immediately UTZ #3 was confirmed??? Again I repeat, TZs are setups. You still need an entry trigger!!!. There was no long entry trigger on that setup. Hence no trade. period.Ignored
Disliked{quote} Hi burnssss, Yes, I also thought delicate secret is related to transient/recurrent idea. But cannot duplicate his chart exactly. (I borrowed transient zone indicator(h=2) from Freefox. Thanks to him.) {image} {image} I also think 3-plan is related to transient/recurrent. (I have to go work now, so cannot attach charts now.) Thank you,Ignored