Yes that sumarises it well.

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In fact all you are really doing is selling the new highs of pullbacks to the trend.

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Unfortunately it is not mine to share....but the author of it reads this thread so it it is up to him if/when he wants to do so. As Eurusdd said you do not need the indicator anyway. It just helps to visualise it. I could actually trade this on the ...

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Here is an M5 chart to illustrate the trading with trend "beyond transient zone trades" The white line indicates the daily open. As you can see price is trending down below it. So we only take trades beyond transient zones that will help us to ...

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Excellent post. I just wanted to pick up on the point above because it is one that I recognise the importance of. The reason for assuming it will be a full transient is that you can assume that the area below it will be recurrent. If the area below ...

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Congrats and very interesting Josh, I see those levels on my 15 min chart too but not sure how you determine which way it will go.

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On reflection.... ...of course it could still go down but what I am trying to say is that based on what Eurusdd said it should not keep on creating levels without taking them out.

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The only other thing that I could think of that could invalidate those transient levels is that they have to be a minimum pip height to be valid.

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This is what I was referring too earlier when I said we had gone through multiple transient levels. Even if I adjust the h size to a high number we would still seem most if not all of those levels. So those levels must be right. My theory is that ...

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Admittedly not the best call.... ....but he makes more right calls then wrong so I guess that is what matters over the long run.

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Thanks Hepsibah, The opportunity that Eurusdd highlighted is good I agree and we have to find a way to make it work for us. The main problem being that in trending markets we are going to be scalping retraces.

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The drawdown was my concern and hence why I asked the question earlier in the thread about the best place to enter to avoid drawdown from entering too early.

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Maybe we have to ignore transient levels that are below a certain size (height). May that is the k number. If we ignored those ones then we would not try trading towards them.

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Well the h number on some time frames would need to be pretty big as price as not been down at these levels for a while. So I don't see how they can't be.

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Not sure if anyone else is seeing the same but we seemed to have passed through multiple transient levels without any real strong reversal.

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Eurusdd, Please come back to show us this aspect! Regards Neio

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thanks for clarifying. Where will price hit twice? Each horizontal line? The underside of the transient zone? How are the horizontal lines determined? Sorry for the questions I really want to make sure I have got it right.

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So this did not work out and the transient zone ended up at around 9.2 pips in height (between 1.33794 and 1.33702). The average transient zone is around 2.6. This is what concerns me is even though we have a good trade opportunity it is hard to ...

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Still trying to figure this part out. What is the price-active region? I still have a target of of 1.3372 for the underside of a currently transcient zone which will probably close in the next 30 minutes (CORRECTION another hour) based on my h bar ...

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Also if you get any kind of momentum bar or big bar down you can always expect a retrace at some point. (if the bar has not had any previous recurrence)

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