That price will eventually go through it.

The similarity system

Wise words! Current posted chart (thanks Taypot!) shows that the ZZ Bottom (B) has confirmed ZZ Top (B). The next logical move is for price to make a....... ZZ Top (C). A reminder for all the folk: I don't care about pregnant zones for now I don't ...

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I'm going to be the first to say, "Please ignore the idea of support and resistance at the pregnant green support area"! You just don't know what price will do. Target a REAL BORN VERIFIED ZONE, preferrably the newer ones. They are all below current ...

The similarity system

Why did you close the short and go long? The short has a long way to travel still.

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Can anyone please post a chart if a Zig Zag bottom forms. I think we won't see one for a while. Looking to add to shorts if price nears BB Mid. I won't place contra trend trades (ie Longs). Our target is the big zone at the bottom... 1.29XX EDIT: ...

The similarity system

Bam! At work now and I log in and it's instant pips! Easiest £100 I've ever made More to come. See... the zone that was born was the magnet. No need to worry about support and resistance of dissimilarity zones that have not finished yet. ??? Just ...

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No.the zone was born and it is now below us. We are going down.

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This is correct. He exited his position at 3145.

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Short @ 3133 This could spike up but there can't be a swing ZZ Bottom!

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I don't get the same chart Rob. That must be your broker! ZZ must alternate!

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This is exactly why I think that PREGNANCY PERIODS are not as important as the BORN BABY. The swing has to happen firs to let us know what sequence NEXT will be! FXWrangler THIS IS GOLD! THANK YOU!

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Excellent Excellent Excellent!!! This was one of the key posts I'm going to be interested in incorporating the ZZ/BB concept to! Your efforts are exemplary!

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That, my friend is alot better. See what happened last night? I was wondering if that move back up to 3122 was a fake or not. But I think I've learned something extra about ZZ indicator and the Bollinger. Once it prints.... you ...

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These are excellent questions! 1. For me, it is not key. I trade price. If a zone is real, it either becomes a target or a blockage. A price range that "could be a target or blockage" gives me no trading opportunity right now. I don't disregard it, ...

The similarity system

I think it means be aware of it... but since it's not "there" while Dissimilarity Time exists... then what trade could possibly affect it? None. Therefore you can still trade a ZZ Top or Bottom inside or outside that zone. You can also still use it ...

The similarity system

Hey Lion, To me, if it's not on the chart yet, I am not going to create a trade decision based upon it. I think that this expectation of where price is compared to an unborn zone causes confusion. I realise it's important. But wouldn't it be easier ...

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Only after realising my massive fail this morning. After 2 great trades, 3122 happened and was confirmed.....err... but i thought it was a fake. Hadn't come up with the rules yet. Some of the guys helped out big style today. I owe them! But thank ...

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Of course, this doesn't necessarily mean that price can't enter the YELLOW ZONE and NOT clear the zone... ie. failure at 3158? This failure would be a catalyst to go south.... especially once similarity is regained. That could then take out two ...

The similarity system

This is to do with today's discussion on ZigZag Tops and Bottoms... ZZ Top and ZZ Bot On the 15M, the most recent swing high is not yet "confirmed". We devised some rules for confirmation: Price is marked by the ZigZag Price is outside the BB ...

The similarity system

To take out first?

The similarity system