The deadzone

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Leoheart
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Re: The deadzone

Postby Leoheart » Fri Apr 26, 2019 10:42 am

LeMercenaire wrote:
IgazI wrote:I was searching for a full description of the Dead-zone but I haven't been able to locate it as yet.


That's 'coz there isn't one.

It kind of morphed naturally over time on Billy's thread ''Over There'' and although there are points along the way that I kind of pulled together breakdowns of the method, there was never any one place it was stored.

After a suggestion from TooSLow that I look at how EJ behaved, I picked up the ball and ran with it.

Basically we trade the ''dead air'' of the hour before the US Open.
Range of that hour.
Breakout.
Target +5 (% in my case, just as easily pips, points or whatever).

There was (is) a set pair-listing, which I came up with after looking for pairs with the same kind of movement profile. This had a few added along the way but pretty much settled down into a solid list of options. They are always listed in the order of preference on the thread (I would post up every day's charts, just for the record).

That is the heart of it. However as I said, I morphed it into something that contained more subtlety.

I added Wick Zone trading.

I added counter-trading.

Then directional bias, in the form of S+D.

Lately I have incorporated ADR.

UC is the star performer. It just keeps on churning them out, day after day. It is also the best for running the thing as a clean break of extremes, not using WZ back into the body and countering.

Interestingly - and perhaps understandably - once I added the bias info into the mix, the order-of-preference took a hit and tbh became less important, as I gave more weight to those set ups that had that aspect as backing to the move.

Oh and I always preferred using the WZ move back into the body rather than the clean break. It's in the blood now!

I will use fibs dropped over the range I am using to give me micro-scalps as the trade is running, especially if I am in a counter-trade situation and looking to unwind a ''bad'' trade.

Hope that helps. As always, feel free to ask any questions.



Lem, How do you use ADR? Do you only use it on the deadzone for others setups as well? What edge does it give? Curious. Thank You much.
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LeMercenaire
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Re: The deadzone

Postby LeMercenaire » Fri Apr 26, 2019 5:58 pm

Leoheart wrote:
LeMercenaire wrote:
IgazI wrote:I was searching for a full description of the Dead-zone but I haven't been able to locate it as yet.


That's 'coz there isn't one.

It kind of morphed naturally over time on Billy's thread ''Over There'' and although there are points along the way that I kind of pulled together breakdowns of the method, there was never any one place it was stored.

After a suggestion from TooSLow that I look at how EJ behaved, I picked up the ball and ran with it.

Basically we trade the ''dead air'' of the hour before the US Open.
Range of that hour.
Breakout.
Target +5 (% in my case, just as easily pips, points or whatever).

There was (is) a set pair-listing, which I came up with after looking for pairs with the same kind of movement profile. This had a few added along the way but pretty much settled down into a solid list of options. They are always listed in the order of preference on the thread (I would post up every day's charts, just for the record).

That is the heart of it. However as I said, I morphed it into something that contained more subtlety.

I added Wick Zone trading.

I added counter-trading.

Then directional bias, in the form of S+D.

Lately I have incorporated ADR.

UC is the star performer. It just keeps on churning them out, day after day. It is also the best for running the thing as a clean break of extremes, not using WZ back into the body and countering.

Interestingly - and perhaps understandably - once I added the bias info into the mix, the order-of-preference took a hit and tbh became less important, as I gave more weight to those set ups that had that aspect as backing to the move.

Oh and I always preferred using the WZ move back into the body rather than the clean break. It's in the blood now!

I will use fibs dropped over the range I am using to give me micro-scalps as the trade is running, especially if I am in a counter-trade situation and looking to unwind a ''bad'' trade.

Hope that helps. As always, feel free to ask any questions.



Lem, How do you use ADR? Do you only use it on the Dead Zone or for others setups as well? What edge does it give? Curious. Thank You much.


I only use it for The DZ. My thinking is that because the zone forms well into my day, then it will potentially be at or near the ADR, lending some weight to any other directional bias I may have.

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Re: The deadzone

Postby Leoheart » Sat Apr 27, 2019 5:40 pm

IgazI wrote:I was searching for a full description of the Dead-zone but I haven't been able to locate it as yet.

One of the most powerful and underrated ideas, here at Kreslik, is that of trading in only one direction:

1. the time that you would usually spend in analysis is converted into time spent making money.
2. you do not suffer from analysis paralysis and are not shy about pulling the trigger because you
have accepted that you don't know what the future holds.
3. you cannot be whipsawed or miss out on moves in your chosen direction; if you get knocked down you get up
and run full speed toward the resistance like a zombie.
4. there is a greater sense of peace in trying to do something rather than trying to be something.
5. you cannot miss out as ~50% of the bars are green, ~50% are red, and ~100% where one color and then the other.

You can even do some really basic filtering to make sure that you have the best of it:
you could only take trades if a perceived trend has been broken and go short from each bars zone.

Some moves are better than others, but you're sure to get at least 50% red candles this way; or you could only trade
green candles, it really doesn't matter, so long as you don't do both.

dzt.png


I was going to give this a thumbs up, but I feel like it deserves a tad more. So 3 thumbs up from me. Simply true and Awesome.
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