Quote:
Originally Posted by Oskar
It's my first post, I'm newbie, have been following the thread for 6 months. I would like to thank to all of you for your contribution to the thread. J16 group clearly opened my eyes. I do what you told me to do, hoping that I will not blow another real account again (demo now).
I'm confused about trading away from PPZ and taking the trade using PA at PPZ, it seems opposite to me, would you please clarify that. Thanks again.
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hi Oskar, and welcome to the thread.

What is meant by that if i understand the question properly?? is that we are looking for PA at a PPZ to trade away from it, so if price is trending up but comes to a strong PPZ we would be looking for PA to shows a reversal/retrace at that price level. What we dont want is PA that sets up a trade running INTO the PPZ from a price nearby. or another method is to look for PA on a retrace after price has broken through a strong PPZ and prints a pin or beob or whatever to show that price is gonna contiunue in the direction of the break.
hope this clears it up a little.
jon