IgazI wrote:If price doesn't like to close in the wick-zone then it shouldn't like it regardless of whether you go short away from it or short into it, am i right?
This was a normal mWZp (WZ/MIDPOINT) type trade, but if the candle closes red then I feel that I should short into the WZ rather than at the low...
'trade what you see' and all that, but do you see a logical reason why WZ statistics do not hold for trading into the zone?
A greater distance to travel to exit the zone, perhaps.
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Wick Zones are basically micro Supply + Demand Zones and I have talked before about how pro traders are actually trading towards the zones, not waiting for price to get to them and bounce off.
So I'd say there was an element of this in your thinking. In my Dead Zone, this would take the form of having price cross and close over / retest and leave away from the mid-way of the zone and then I would add into what would be a counter trade in fact as it headed towards the opposite WZ.
A fib dropped into the WZ will help with movement in there and then if it continues on out the other side as a breakout, that becomes a new trade (in this case an add in on top of the first trades).