Aye aye, Chief. In at 2864.6 Edit: Stops to BE.

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Yep, that's the one. If combine zones is set to TRUE, then the indicator doesn't split between left and right zones. Set to FALSE, and you get left/right zones.

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I see a short forming on the 5M guys. Let's see if this move becomes the central candle.

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Longs cancelled. Let's put this monster out of its misery. Blast it out of the water! LOL

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Previous Long stopped out, but in again. Same conditions.

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2M This is eyeballing 5 bars. Therefore h = 5 I look for a low in this case cos the trend was down. I spot one forming (highlighted in Yellow) The moment I have a wick, I know a potential TZ is forming on the left.... especially if the next bar ...

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Stops are now at BE. Risk Free trade.

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Bugger. As I was typing it invalidated it.... there you go folks, it's possibly better to wait until the LEFT side forms a valid TZ first. Edit: Hold your horses.... on the 2M, it's valid. Left TZ height (LESS THAN) < Right TZ height. On the 5M, ...

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Back at the desk. I could be a tad too aggressive. Long. Uneven TZ. But it's a tad too close for my normal liking - but I'm willing to risk a few pips to test this out. CFD, here's a non-fully formed one... timeframe 5M.

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Brilliant Chief, brilliant!

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I'm getting a few queries about the TZ thing. I feel obliged to explain how I'm doing it so I'll see if I can whip something up tonight. The caveat is still this: it's just an idea. The original concept is still the DNA of everything. So if it's ...

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Let it breathe... it will die a slow death! LOL .....AND DONE! As Pacino would say, "HOOOWAAAAH!" Thanks Chief! That was classy indeed. NorthTrader, that short was almost the same as the USDMXN move!

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I was in a meeting and my alarm shot off at the same place I entered a short before. Got in before at 2884.9, target is Eurusdd's number at 2857

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My short was stopped out at BE. Flat. Work to do. Boo. Setting alarms. BBL Trade safe guys!

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Yep, that's it exactly! Thanks CFD! But you should try and learn to read the price action and what conditions in those bars created the zone. I've only done it properly in real time (5M and 2M) today... but it's been something I've been observed on ...

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Hey CFD, Short answer: Yes, can be done on non-fully formed TZs as well. At present on my day platform (IGIndex) I don't have a way of distinguishing formed/not formed TZ, other than eyeballing it. This lends it a somewhat lower h value otherwise if ...

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Yes, the retrace then go. Better not to judge it as little, medium or large. It can take any form. Best to react to it, with our projections in mind.

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Okay off to lunch. Gonna miss NY open. But remember this... if Asia took it up, London took it up.... what will NYC do?

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Oh I've not forgotten you sir! You demonstrated to everyone here how to do winning trades in succession! Sniper! And I've seen your setup, so I'm even more impressed cos it's soooooo simple! It can only get better. Cha Ching!

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Cheers! That call is entirely FX-Jay's so he deserves credit. But the investigation and resulting approach.... THAT is the gold. I think you may see 2918... .next target is 2926 so... keep da eyes peeled!

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