Yup to the always learning stuff. Just closed my NU short on the AU news. corrilation is present. Took my first relatively minor hit in a LOOOONG time, but want to get trading these zones. Will make it back quickly.
pennies.......consider this......the single most important flaw in what I saw with alfonzos method beyond his getting the trades wrong due to misinterpreting the future price direction based on "weakness of the upcoming fresh zone", was that in his charts I saw a few different occasions where he had drawn his zones and traded strictly off the closest boundary line to the next upcoming "fresh" zone.......but unfortunately for him and us if we trade that way, the price would crash through his zone and punch through the opposite boundary line which he wouldn't have traded from and then after moving just a little bit further in pips the price would make a new high or low and then immediately bounce back a huge number of pips in the opposite direction finally making a TRUE reversal.
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