Yeah, good point. If it only takes 5 mins then maybe I should have! But I'm a software engineer by trade so it wasn't too bad.

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Nice post, k. Does your indicator give the stats for consecutive TZs? I've never been able to use your indicator because my broker doesn't support MetaTrader, but I did code one of my own for NinjaTrader. According to my stats (over about 10,000 ...

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I guess I deserved that cfd, but OUCH! Don't worry, this will be my last post for a while. I can't help feeling that you misunderstand my message, but that's probably due to my poor communication skills. Good luck everyone! PS Just saw your post, ...

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No, every post since the TZ discussion started. Admittedly not got round to reading the DS posts yet.

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Hi VVizlan, sounds interesting. But what's your TP? Is it within the range of the middle bar (which is the bar before you enter)? That might work, though be careful about the next bar being a mid-bar TZ too. According to my research the probability ...

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Stunning question, kore2! Welcome to the frustrated club. I too was greatly inspired by the exact post you quoted, but it didn't work for me either due to the problems you said. I didn't give up though, just thought my stop loss, choice of h, TP, ...

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Actually, the holy grail is impossible. You only have to read about the spectacular rise and fall of LTCM (Long-Term Capital Management) to understand that. In fact, I hope the people who have just started making double or triple digit returns each ...

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This is a damn fine post, Vlady. Thank you so much, as always. I don't know how you find the time to work full time, trade, and write so many great posts on here. Presumably you don't have young children!?

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I hope you aren't leaving because of me. Of course you are entitled to write anything you want here (within reason), as am I. Please don't get upset when someone questions your statements - it's normal and part of being in a forum community. And ...

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So what was the point of saying that "the last 10 UTZs were all winners" if sometimes you trade towards them, sometimes away from them, sometimes anticipate them before they are completed, sometimes don't, and sometimes ignore them completely? For ...

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Thanks LITEchild. I understand where you're coming from now, i.e. from a scalper's point of view, not a swing trader. Sorry, no time to reply properly now but just wanted to say that UTZ #3 was the loser, not #4 (thanks for going to the trouble of ...

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Hi LITEchild, Are you talking about EU? If so, they look untradable to me (I'm assuming that you trade away from them). The problem is that if you wait for them to be fully formed (h=24 in your example) then the move away has already happened in ...

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I think it's great that some of you guys here are making so much money from scalping the potential TZs, as intended by Eurusdd. I lost a fair bit doing that so I'm back to using them for swing trading, as many others here are doing. Particularly as ...

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Yes, thank you Jay for those posts. Like you say, it’s hard to believe that EU can retrace so much with the current fundamentals and so many bears around calling sub 1.25, but anything can happen in forex. Let’s wait and see. (EU still dropping as I ...

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Yeah, I see. Wait for the UTZ to form before taking it. Thanks for taking the time to explain that, vlady. But I agree with orid that taking a trade there would be too aggresive (after such a strong move down).

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First cross is 4 bars after potential TZ, second cross is 3 after. First circle is 2 after, second circle is 1 after. Not a massive difference, but you could be right. Maybe he waits a minimum of 3 bars after potential TZ before taking the trade?

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Thanks for sharing this, hepsibah, but this system seems a bit too much open to interpretation. For instance, why wouldn't you take the longs at the points I circled on your chart? Both seem to fit the rules you specified, yet both would have ...

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By the way, I use Keltner Channels on my charts, not Bollinger Bands. In fact, it's the only indicator I use (apart from candlesticks). It will be interesting to see if the UTZs that are located outside the BBs are located outside the KBs too. I ...

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Thank you Vlady. That was a very comprehensive answer to my inconsequential question! Green pips to you mate.

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Yeah Vlady, thanks. I was only asking because there were a couple more before that one that happened within the BBs too, but they both got revisited. Do you think they were misprices too?

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