Great thread Alex! Keep the inquiry going!

Quantify the market - breakout or fakeout

 Hey blueseahorse,  I think from your responses that I get where you're coming from. But you're treating it as some form of absolute, or that we don't need reference points at all, which nullifies Skfx's excellent posts and trading. ÂÂFor the ...

Higher Edge within a Single Candlestick

  [quote=blueseahorse;8319079]   Let's agree first that analysing data and trading it are 2 different animals. Profitable trades still rely on entry, exit, stoploss which are all price points. Static. The trigger, for my part is me, not an ...

Higher Edge within a Single Candlestick

[quote=NaughtyPip;8318719] Hey NaughtyPip,Apologies I wasn't clear enough. I meant that a continuum of points is pointless, ie. A line (not that it was useless!) which you correctly pointed out as an average. I was alluding to Session Open within a ...

Higher Edge within a Single Candlestick

[quote=blueseahorse;8317477] I agree with this but only in a sense of being "static". LOL We already have this in one sitting of 24 hours. I think, there's a difference between having a continuum of reference points (which would be pointless) and ...

Higher Edge within a Single Candlestick

Yep, I agree with Ephisi. Just to add fuel to the fire .... The way I use TZs is to look out for them as sequential Tops/Bottoms and connect them by Trend Line. I then trade the break. I have a specific way of setting my TP target that is not TZ ...

Transient Zones - Basics

The Open Price concept by Neio (and CP) is proving itself lately since I read up on it. Asia Open has been support for the last couple of days. What is interesting is the spike that occurs at prior to London Open. This spike behaviour is what ...

Transient Zones - Basics

I would suggest that you dive into Mark Douglas' "Trading In The Zone" This is a quintessential book that can hopefully shed light on this. Best of luck.

Higher Edge within a Single Candlestick

Change, Good to hear your thoughts. The idea of necessarily going down to short TF is not the case. You're essentially asking how to predict the future by being as close as possible to the present whilst at the same time being a part-timer. It's a ...

Higher Edge within a Single Candlestick

While this proposal is logical, you have to account for whiplash as price can go above and below a reference point (open) several times during the day. The trading idea is to get an edge via: a) knowing the momentum or magnitude of a move such that ...

Higher Edge within a Single Candlestick

I waited to see what would happen after London Open on EU (wasn't trying to catch a top). I've only entered a short now as price broke my Bollinger Band mid. If you look at the top on 15M tf, 11179.1 on igindex, to me it means that 11179.2 through ...

Transient Zones - Basics

This is excellent reading. Found it last night. Applied it this morning to UJ (long btw). url How related do you think this is to TZ? How could Similarity/Dissimilarity be applied to it?

Transient Zones - Basics

Hey Pedma, I'm not a coder so I don't know the implications on the array, but a PTZ is a zone to the right of the anchor bar before h has expired. Therefore, you CAN back test it.

Transient Zones - Basics

Hey Jmn, TraderForLife, North and everyone else. Yes, in a weird way it's good to be back. Thanks for your kind words. I hope I can get to contribute more frequently.

Transient Zones - Basics

Just to continue my train of thought before I go to bed.... Here's an example of how I apply TZ concepts in a simpler manner, without all the probability calculations etc. As I mentioned in recent posts, I complement the analysis using other ...

Transient Zones - Basics

Just been looking at the posts from this year. Great stuff to review on. I think those that want strong rigour in their understanding should definitely do the statistical work like FX-Jay and NorthTrader. Personally, I've not the time anymore. So I ...

Transient Zones - Basics

Just a visual EW count. I'm not an EW specialist and I'm still learning this. However, it's been a bone of contention from EW speculators about when the Wave 4 was going to occur and where it will top out. There are those that look for 1.2, but I ...

Transient Zones - Basics

Hi BillYon, There's been a great deal of study by many people about TZ, it's concepts and it's application. I think many seek out some form of automation or programming. Personally, that's not my style nor philosophy. My background isn't in ...

Transient Zones - Basics

One of the best things any trader can do is to walk away from all the noise and step back into complete focus. Removing the noise allows space and clarity to creep back in. It's amazing how much noise (opinions, methods, charts, indicators, ...

Transient Zones - Basics

After news that China cut rates.

Transient Zones - Basics