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  #181 (permalink)  
Old 03-07-2008, 03:34 AM
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Quote:
Originally Posted by mlen77 View Post
Chart 26)

1. Be aware of the Support and Resistance areas.

2. Be cautious of the Daily Pivots, Weekly Pivots, Monthly Pivots and Yearly Pivots.

3. Watch for the Beams of Supports and Resistance from ZUP.

4. ZUP beams of supports/resistances are:
a) MONTHLY beams: Yellow ....
b) WEEKLY beams: Orange ....
c) DAILY beams: Red ....
d) 4HOUR beams: Magenta ....
e) 1HOUR beams: Aqua ....

5. Learn to read the numbers of ZUP 77. Noticed the following:

a) When the formation of 8-6-4-2 comes in, you will get an UPtrend.

b) When the formation of 7-5-4-3-1 comes in, you will get a DOWNtrend.

c) Best confirmation for a trade is when you hit a Beam area that has the Monthly, Weekly, Daily, 4 Hour and 1 Hour area.

d) Placed a confirmation window:
1. Zero Lag Stocs Green
2. QTA_v3

If you noticed, the Magenta QTA_v3 line will confirm the movement of 8-6-4-2 went on an UPtrend, but hits the beams of resistance and went down.
Hi mlen77, I have one more question regarding the formation of number and the trend prediction.

Attached is a daily gold picture. I noticed that the number formed is 7-5-3-1 (don't know why 4 missing), and the price hit 4h to monthly resistance. But why it's still going up? Any problem with my chart?

Thanks!
Attached Images
File Type: gif gc daily 080307.gif (29.7 KB, 506 views)
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  #182 (permalink)  
Old 03-07-2008, 03:36 AM
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3.3.08qta = h1

Template 3.3.08qta = h1 used for live trading
Read chart 27 again.

I use 14 and 21 EMA of the close of the candle.
The 50 EMA and 100 EMA are just used as guides.

I find the zup beams very important and the Yearly Pivots.
The regular pivots are areas that you need to watch.

Please remember zup does repaint from 10-20 pips. Therefore, wait for 2-3 candles before taking a trade to confirm that once the butterfly forms, you can trade against it.

Look at chart 3.

The heatmap templates are only used for confirmation of the strength of a currency pair versus its parrallel and inverse pairs

The other templates with the yellow remarks on the right hand bottom corner are confirmation of the formation of a bullish or bearish trend

It will show the trend.

Here are the links to the website that you need to read for further studies if you want. Just simplified them for my live trades which works.

Gartley Patterns и их модификации - Onix (Страница 243) = forum on ZUP, russian forum

ZUP - Universal ZigZag with Pesavento Patterns. Part 1 - MQL4 Articles = NEN's paper in English about ZUP

Also, there is an interview with NEN on this website.

Again, Pucio needs to be credited for starting this forum in English.

And Nen's tireless work for improving ZUP.
Version 77 works like a charm.

I have poured a lot of time studying zup since its early development. It is my hope that you will understand zup better and make good trade decisions.

Best Wishes To ALL.
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  #183 (permalink)  
Old 03-07-2008, 03:59 AM
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Best entries

Wlitien,

1. Did you study the charts of the MN, W1, D1 before taking your trade?
The XAU/USD trend to the UPside is very strong.
Did you do the heat map with AUD/USD, EUR/USD with XAU/USD?

2. At the bottom right hand corner, it tells you that the formation is a failed one.

3. The best trades to do are points where the beams all converge (either as support or resistance areas) especially the MN, WN, D1. Looking at your trade, you entered too soon.

Attaching the USD/JPY trade of 3.6.08. It is a strong downtrend. But hits a confluence of beams of supports and retraces.

Hope you get my point.
Attached Images
File Type: jpg ZUP = USD.JPY 3.6.08 confluence of beams of supports.jpg (181.1 KB, 507 views)
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  #184 (permalink)  
Old 03-07-2008, 04:09 AM
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Quote:
Originally Posted by mlen77 View Post
Template 3.3.08qta = h1 used for live trading
Read chart 27 again.

I use 14 and 21 EMA of the close of the candle.
The 50 EMA and 100 EMA are just used as guides.

I find the zup beams very important and the Yearly Pivots.
The regular pivots are areas that you need to watch.

Please remember zup does repaint from 10-20 pips. Therefore, wait for 2-3 candles before taking a trade to confirm that once the butterfly forms, you can trade against it.

Look at chart 3.

The heatmap templates are only used for confirmation of the strength of a currency pair versus its parrallel and inverse pairs

The other templates with the yellow remarks on the right hand bottom corner are confirmation of the formation of a bullish or bearish trend

It will show the trend.

Here are the links to the website that you need to read for further studies if you want. Just simplified them for my live trades which works.

Gartley Patterns и их модификации - Onix (Страница 243) = forum on ZUP, russian forum

ZUP - Universal ZigZag with Pesavento Patterns. Part 1 - MQL4 Articles = NEN's paper in English about ZUP

Also, there is an interview with NEN on this website.

Again, Pucio needs to be credited for starting this forum in English.

And Nen's tireless work for improving ZUP.
Version 77 works like a charm.

I have poured a lot of time studying zup since its early development. It is my hope that you will understand zup better and make good trade decisions.

Best Wishes To ALL.
Thanks mlen77!

I used ZUP a few months but found quite difficult to digest the signal given. Your sharing really a good help.

By the way, the pictures you attached too small. What format it's?
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  #185 (permalink)  
Old 03-07-2008, 04:14 AM
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Quote:
Originally Posted by mlen77 View Post
Wlitien,

1. Did you study the charts of the MN, W1, D1 before taking your trade?
The XAU/USD trend to the UPside is very strong.
Did you do the heat map with AUD/USD, EUR/USD with XAU/USD?

2. At the bottom right hand corner, it tells you that the formation is a failed one.

3. The best trades to do are points where the beams all converge (either as support or resistance areas) especially the MN, WN, D1. Looking at your trade, you entered too soon.

Attaching the USD/JPY trade of 3.6.08. It is a strong downtrend. But hits a confluence of beams of supports and retraces.

Hope you get my point.
Thanks mlen77, I will try on this weekend and try to master it.

Hope you will come to here regularly to share and also answer our doubts if possible.
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  #186 (permalink)  
Old 03-07-2008, 04:19 AM
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Heatmap Currency Pairs

1. EUR/USD - trade it only if the EUR/GBP is strong and GBP/USD is weak

2. GBP/USD - trade it only if the EUR/GBP is weak, and EUR/USD is weak

3. EUR/JPY - trade trend will depend on which is stronger, EUR/USD or USD/JPY

4. GBP/JPY - trade trend will depend on which is stronger, GBP/USD or USD/JPY

5. XAU/USD - compare the strength to EUR/USD, AUD/USD

6. GBP/CHF - If GBP/USD is strong, USD/CHF is weak, then GBP/CHF would do a down move

And the list goes on.....

In a few hours, Non Farm Payroll comes in
Please be very careful.
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  #187 (permalink)  
Old 03-07-2008, 05:55 AM
nen nen is offline
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Quote:
Originally Posted by mlen77 View Post
Next 5 charts.
Harmonic Zigzags
On 4 chart incorrect quotations
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  #188 (permalink)  
Old 03-07-2008, 06:40 AM
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Quote:
Originally Posted by mlen77 View Post
I will have to redo the power presentation in individual frames.
It kept rejecting my post.
It will explain to you on how to use it in different ways.

Could not upload the Power Presentation itself.
Please be patient. Will send it out tonight since I have things to do.
Hi mlen77, I think you can zip the powerpoint presentation and upload it here.
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  #189 (permalink)  
Old 03-07-2008, 06:48 AM
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Quote:
Originally Posted by wltien View Post
Hi mlen77, I think you can zip the powerpoint presentation and upload it here.
mlen77

I agree with wltien.
Zip files can be 286.1 MB
while RAR files max of 38.15MB although I can break it up into smaller files and post separately.

But if you can not ZIP it, you can upload it to a server like rapidshare or another which someone else here may be able to share with us. or you can try to send it to my gmail address And I will ZIP it for you.

Yano
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  #190 (permalink)  
Old 03-07-2008, 08:49 AM
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Eur/usd Up

I took the ride up. When it hit the beams, closed my trade.
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File Type: jpg EUR.USD M5 - 3.7.08.jpg (206.4 KB, 473 views)
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