I already know this mate. The point of this thread is to state the basics. The similarity thread is for the pioneers. Don't get me wrong, I'm liking your stuff. Let's just make sure that those who haven't understood this yet don't go assuming they ...

Transient Zones - Basics

It will still depend on people's objectives. This is scalping at 15M levels. Others will be day traders, etc etc.

Transient Zones - Basics

Guys, You're all advancing pretty quickly actually. The beginning posts were all to guide beginners with the basics - as was the original intention. This post from SunSaltwater is a big leap from Beginners - but obviously a little harder to explain ...

Transient Zones - Basics

Mate... the last time I saw this stuff was 1994! But I've bought the books recommended by K and I'm gonna sink into it. I'm not one to back away from a challenge. This gives me inspiration:

The similarity system

Which one to start with first mate? Probability & Statistics or Probability, Random Variables, Random Processes? Seems to me that since our topic is not "random" it would be the 1st one. Yes?

The similarity system

I like your initiative. I saw your post in the Sim thread and thought, "someone has been inspired". Good stuff! Keep going! Don't stop! Now here's the challenge..... you've made reference to the major statistic 97 vs 3. One of the traders to ...

Transient Zones - Basics

Nah man, just joking around. You know what I did after visiting your link.... visited Amazon.co.uk for these babies

The similarity system

Head Hurts! image LOL

The similarity system

Here's a tip, Kprsa's indicator has statistics for the zones that may be of use. In addition, his indicator doesn't draw boxes so the psychological cues of using them as S/R isn't there.

Transient Zones - Basics

Hi Dr.Phoenix, Many thanks for your post - it's quite informative and a good resource for the support/resistance concepts. TZs, whilst having characteristics of S/R shouldn't be treated as such.... it's not the central idea behind it. There are ...

Transient Zones - Basics

Hey Sym, Jay ;-) and others, Excellent thread... I'm hoping to learn more about COT in greater detail. I've not played with the indis yet but Sym I am grateful for your generosity! This is gold! I have an inside word on a group that are about to go ...

COT trading system with free indicator

Excellent posts. Even I completely missed the significance of the Donchian!

The similarity system

Gnarly, dude!

The Great Pumpkin

I believe that is the premise of the Similarity Principle. The trick is to be able to tell how soon. Eurusdd had a way of telling that a level would be returned to within the confines of a chart, usually set to the 4H.

The similarity system

Unfortunately, there is hard truth you have to learn to accept. This thread cannot teach you how to trade. You must learn and get techniques of your own. When you have mastered at least 2 then you will see the benefit of this thread. The two ...

The similarity system

LOL I was just curious as to whether you would half the number of scenarios you had on your first pic ie. not the top half

The similarity system

Excellent!!! Here's a thought.... are you able to do the same thought experiment but have an Uneven TZ as the premise, with 1 bar to the right? Just want to see what you come up with and how your mind works. I'm borrowing a leaf from Dr Van K Tharp. ...

The similarity system

CFD put this great post in the Similarity Thread but it bears repeating here: Summary: 1) Define the Zones 2) For each Zone, define an approach between Away From and Return To (ie. come up with rules or strategies for both) 3) Formulate criteria for ...

Transient Zones - Basics