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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Hi Vlady, thanks for posting the nice charts! But I'm failing to see how you spotted the misprice from that chart alone. Not just because it happened within the BBs is it? Thanks, NT.

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The calm before the storm!

EURUSD

Errr, what does "32-recurrent" mean !?

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I feel like I'm in the wrong timezone. And I'm certainly in the wrong job. Wish I could spend as much time as you guys on this stuff.

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Hey hepsibah, your low-h scalping system just gets better and better! Thank you so much for sharing. Can't wait to try it on the Nikkei tomorrow! Just a couple of points: 1. I take it you still ignore the mid-bar TZs? 2. Good place for a SL would be ...

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I agree, this is a great point made by hepsibah. It's like I was saying yesterday, there are so many ways to trade TZs. Some trade away from them, some trade towards them. There are drawdown risks both ways. I think everyone should choose a style ...

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Very interesting, Jay! Yep, I'm still long. This bitch is due a serious retrace! Everyone's expecting 1.2750 before the retrace but it's rarely as easy as that.

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I hate to trade against you Max, but after skimming through the speech it didn't seem that bad. Gone long.

EURUSD

No, still loads of posts there (just checked a few seconds ago). If you can't find what you want on the home page then go to the archives - August 2014.

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If it's statistical analysis of TZs you're after, you should check out LiquidGenius' blog. Excel stats coming out of his ears on that blog! I probably shouldn't post the link here but you can easily google it. LiquidGenius can't post here anymore ...

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Remember everyone that Draghi is speaking later today. Any comments such as "no QE until 2015" could easily send EURUSD up 100+ pips (temporarily at least, long term I believe is still bearish). Draghi could be the catalyst for Jay's seemingly ...

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Vlady, I've been reading and thinking about all the great posts made his weekend and now understand why some people, myself included, get confused. The "problem" is that everyone is interpreting and trading TZs in different ways. Which isn't a ...

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