Guys, try not to over complicate things
Let’s try to understand his equation. What EURUSDD was talking about should be crystal clear so there is nothing to be confused about. He explained it with this simple formula:
So what this is saying is that the price g is contained within Xt(t) – k and Xt(t) + k. And this is what this statement looks like visually to me. I could be wrong so correct me if my interpretation is wrong.
So based on this explanation, that means its the K amount that the price will be recurrent for. Does that make sense? And try not to think of price as a candle, think of it as price in time, at any given time to the microsecond or smaller. To take this a step further to further your understanding, what this is talking about is that the price will have a k amount pull back when its H_Left transient from its high or low. He said, recurrent if whenever X(t0) (just like saying price at some time) is between the high and the low of a bar, then at least one of the previous or next h bars passes through this same exact price at time = t0.
What EURUSDD said is not really a surprise, we all know this to be the case. He just used fancy formula and made us think of it in terms of probability. I guess we were just mistified by the simplicity of this equation and thought there was more.. haha Now this doesn’t mean that we cannot come up with any other theory and be correct as well using TZs. What matters is the probabilities and the R:R
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Focus, Patience, Determination & Order in chaos