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Neio replied Jul 18, 2013RE A Don't we already have a ZZ top at around 1.3122? The bottom has not been confirmed yet as far as I know. I sold because my belief is that the price needs to be BELOW the zone....but I am not sure to be honest!!!
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When I work this out I will let you know!!!- Neio replied Jul 18, 2013
Well the bar that started the dissimilarity started low and finished high. I thought this meant that the price will be below when this finished??? But I am not 100% sure on that.
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- Neio replied Jul 18, 2013
Good spot.. So will the price be above or below when this zone closes?
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- Neio replied Jul 18, 2013
Not sure if this still applies since the indicator was changed:
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- Neio replied Jul 18, 2013
Initial testimony time was shifted 30 minutes later due to source rescheduling;
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- Neio replied Jul 18, 2013
I would like to trade but at the moment the price is stuck...lol. We are still finding our way here really. I few different things going on.
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- Neio replied Jul 18, 2013
...and the dollar news was positive again??? Has Bernanke got some bad news up his sleeves????
or the quiet before the storm down???The similarity system
- Neio replied Jul 18, 2013
I guess we will get all our answers in less than 3 mins...
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- Neio replied Jul 18, 2013
Those lower zones are older as well so should they not be hotter targets than the zone above??? Let me see if I can dig out the post on it...
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- Neio replied Jul 18, 2013
IF the ZZ did not appear when the 1EMA touched/crossed the bottom BB then that would have been a signal to go LONG? If I understand the following correctly:
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- Neio replied Jul 18, 2013
Yeah I don't know about a confirmed ZZ bottom. What confirms it?
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- Neio replied Jul 18, 2013
Closed my long @ 1.30825. Still holding my two longs from earlier and my shorts from days ago....all demo.
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- Neio replied Jul 18, 2013
I tend to agree...but I am questioning myself all the time at the moment...lol
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- Neio replied Jul 18, 2013
Can that ZZ bottom still repaint now that the candle has closed?
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- Neio replied Jul 18, 2013
Considering it was positive news has not reacted downwards that much yet!!!???
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