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Hi,
Red rectangle just informs how far the retracement from C to D can go in the formation XABCD that the ZUP has found. There are many methods to find the right place to open a trade. Trading XABCD formation after D is one of the Harmonic method.
Harmonic traders use combination with other XABCD formations, RSI, QTA, Candlestick patterns, Harmonic numbers, Andrew Pitchfork or Secret geometry, Laws of Isaac Newton to enter at "D"
Probably one of your indicator do not allow it to show ZUP information in the right corner up of the MT4 window .
PucioHi, Pucio Where can i find these laws to enter at "D" any examples?
Replay
Thank you very much Pucio.
In my Zup I don't see this figure USDCAD like you, why?
Another question: when I see the red rectangle, where do you decide to open the order if the rectangle is big?
Thank youNico this is my analysis. Red dot is the place to enter. It is made manually.
Pucio.
Replay
Thank you very much Pucio.
In my Zup I don't see this figure USDCAD like you, why?
Another question: when I see the red rectangle, where do you decide to open the order if the rectangle is big?
Thank youHi,
Red rectangle just informs how far the retracement from C to D can go in the formation XABCD that the ZUP has found. There are many methods to find the right place to open a trade. Trading XABCD formation after D is one of the Harmonic method.
Harmonic traders use combination with other XABCD formations, RSI, QTA, Candlestick patterns, Harmonic numbers, Andrew Pitchfork, Secret geometry, Laws of Isaac Newton to enter at "D"
Probably one of your indicator do not allow to show ZUP information in the right corner up of the MT4 window .
Pucio
Books to read
I can recommend books:
Patrick Micula - The Best Trendline Methods Of Alan Andrews & 5 New Trendline Techniques
Greg Fisher - Median Line
Allan Andrews original course.
John Crane - Advanced Swing Trading
Pucio
I can recommend books:
Patrick Micula - The Best Trendline Methods Of Alan Andrews & 5 New Trendline Techniques
Greg Fisher - Median Line
Allan Andrews original course.
John Crane - Advanced Swing Trading
PucioThanks pucio much appreciated,
One or two of these i have read before guess need to check them again.
thanks again.
I can recommend books:
Patrick Micula - The Best Trendline Methods Of Alan Andrews & 5 New Trendline Techniques
Greg Fisher - Median Line
Allan Andrews original course.
John Crane - Advanced Swing Trading
PucioThanks Pucio, very interesting books...
Thank you very much Pucio. It is important to find the right point to enter. Do you use this technic for any cross?
I can recommend books:
Patrick Micula - The Best Trendline Methods Of Alan Andrews & 5 New Trendline Techniques
Greg Fisher - Median Line
Allan Andrews original course.
John Crane - Advanced Swing Trading
PucioThanks Pucio for the recommendation. I think i will check John Crane - "Advance Swing Trading".
Replay
Thanks Pucio for the recommendation. I think i will check John Crane - "Advance Swing Trading".
After reading this book everyone should find it by his own. Because those books show only the surface of the idea.
Pucio
Zup_ab=cd
This is ZUP_AB=CD for you. Good Luck. Pucio