Trading the middle TZ's

EJ +21

This trade taken during red news, but these news have not much impact on price Actually these should not be in red.

GU +7
EU +8
Done for the day.

impressive.

Hi! I think point a lot)))))) Tick is not important.

I don't understand you.

10 tick * 1 lot < 10 tick * 2 lot
Lot is main in the trade.

+5 GU
+6 NU
Done for today.

+5 NU more

Charts latter on watching Cricket match. AUS VS India

Hi Jeetvirk, what is your take profit? +5 and +6 pips were they taken out by the stop loss or you chose to close them yourself.

+20 pips.... I actually took +10 more.

Lets see how it goes.

+12 pips

Hey Albert,
hows your trading goin so far? Is your account growing steadily?

I really would like to join you on your journey!
Iam starting now with a 320€ account and want to make 10-20 pips a day risking 5% per trade of my account balance.
The only problem I have is, I cant trade everyday because my 9-5 job keeps me away from the market

But I give my best to push myself on my way to get a fulltime trader.

Is the TZ indicator repainting/recalculating?
Because when I setup yesterdays M15 GU chart I don't see your entry signal...

Tricky question. I'm going to try answer this question. The indicator helps expose areas of great importance and interest. It is used in different ways by different people. It attempts to mark out zones that price has not visited for a certain number of bars(H) for the left and right of the breakout bar, after which we say the zone is transient or recurrent.

The pdf above throws some light on the concept. Now i try to use that to my advantage.
You will observe that the TZ indi marks the highs and lows of price that actually become turning points provided the zone becomes transient.

Now taking H to be 6 (I use 6 because it gives me many entry opportunities but more risky, a bigger H makes it more stable), When a zone appears e.g for a low, it means the bar at the center is trying to be the lowest low and if for the next future 6 bars none goes lower than the zone, it becomes transient very often a turning point for price.
Now if any of the future 6 price goes lower than the bar of interest that price will become the new bar of interest, of course it will clear the initial zone and form a new one, and this will keep happening until it becomes transient. Not the same as repainting.

So to answer your question about repainting, No it does not repaint because price does not repaint relative to time. If the zone disappears it only means the area is recurrent. All this stuff you will find here http://www.forexfactory.com/showthread.php?t=509195

But i am only interested in the middle TZs.

I will explain how to pick them out in real time soon. Better still let me know when you have a potential setup on one of the pairs that you will want me to monitor with you.

Hi! How do You count volume positions?

Can you explain what you mean.

Lets see how it goes.

How do You choose a volume your deals?