My Brother,

I support this both 100%..

please put google adsense.. , or even if there’s some ‘Market Maker’ brokerages ask You to put their advertising here..  no problem at all,  because we really believe in You 100%.

But say no to any commercials from members side.. (could you set that ‘admin post/comment’ can not be deleted by thread s…[Read more]

Accurate currency strength should include the market share of each currency as a factor.

NZD moving up doesn’t have the same effect on other currencies as USD moving up the same distance.

G.

CCI, RSI, Stochastic are death trap for traders and trading!

See attached:

Very true my friend hehe
I think my dashboard will get overhauled soon, at least the probability calculations part. I need to do more in order to display appropriate and accurate probabilities.

Also don’t forget to take into account # of pips potential. That’s where things could get ugly and the probability would drop even more due to R:R.

For example, for GU H1, 80% of the price action following a pTZ made a maximum retracement of 30-150 pips before coming back to the zone. BUT the ones that reached 100-120pips were only 3%. In order…[Read more]

Also don’t forget to take into account # of pips potential. That’s where things could get ugly and the probability would drop even more.

For example, for GU H1, 80% of the price action following a pTZ made a maximum retracement of 30-150 pips before coming back to the zone. BUT the ones that reached 100-120pips were only 3%. In order to have an…[Read more]

I’m also starting to think a bit differently about TZs now. Have you noticed how about 50% of the zones were cleared right after the first bar?

This means, right off the bat, we lose 50% of the RZ%. So lets say we had a total of 1000RZs and 50TZs. And if are to take a trade after 2 bars have passed from the pending zone bar, then the count of RZs…[Read more]

Very valid question you have there. What I can do is have the site show the user’s country flag based on the IP. You guys will just have to let me know if anybody starts selling anything. I don’t want this site to have any commercial agenda at all. Later on, if the traffic and load ends up costing me a bit I might end up putting google adsense…[Read more]

To Stop Scammers, Simply ‘warn’ everyone here  don’t ever send your hard earned money to others ‘whatever the reasons’.. especially if ‘they’ ask you by private messages 0r e-mail.

Thank you for the encouragement guys!

Having a pretty bad week. Started playing with SL and it’s not working out so well. I need to pick proper R:R levels.. Also I made my dashboard more complicated.. maybe that got something to do with it too.. haha

Still a work in progress. I will update next week, hopefully with better results.

Having a pretty bad week. Started playing with SL and it’s not working out so well. I need to pick proper R:R levels.. Also I made my dashboard more complicated.. maybe that got something to do with it too.. haha

Still a work in progress. I will update next week, hopefully with better results.

Yup that’s correct.

Yea, I have also made every imaginable CC type indicator possible.. haha CCI, OBV, MA, RSI, etc. Less compression the better I think. OBV based was pretty interesting, it was acting as an early warning signal for trend reversal ahead.

There is only just so much we can do with price, right? haha

No its absolutely fine. You seems to know what you are doing   

There are no correct ways to trade TZs other than the way that works for you. If it works, then thats all that matters

Please don’t take it the wrong way. I didn’t know if you were new to TZs or not so just thought I should chime in. I am no expert either, it will p…[Read more]

Hello again Lowphat,

What you are doing is a bit unconventional. You are following that example FX-Jay gave (one where he said TZs would fail). He didn’t really explain it well. That example was a mid TZ from the past but in the current time there was a pTZ (pending zone) as well at the same location. In your trade, there is no pending middle…[Read more]

Sorry, that is the time period in minutes. It should be one of the standard time periods, M1, M5, … D1, W1, MN, etc.

It’s very simple really. This is how its done for example for EURUSD:

Period = H1
Bars = 24

EURUSD_%_Change = (Close[now] – LowestLow[of 24 bars])/(HighestHigh[of 24 bars] – LowestLow[of 24 bars])  //This gives current…[Read more]

Yea SL is tough.. I started playing with it 2 days ago.. first day lost like 4% and today not too bad -0.3% haha

Some of the trades I took were too stupid I think. R:R still needs to be good.

So are you trading towards a past TZ?

Yea, that’s very interesting. If anybody with access to FF could let the guy know somehow that this forum and thread exists and welcome him, that would be great.  Maybe a shout on his wall or post on his thread?

Thanks