Hello Friends,
Still really I do not understand the system I may be dumb enough.
Tnx,
Sakthi
Still really I do not understand the system I may be dumb enough.
Tnx,
Sakthi
Similarity: A Practical Approach 859 replies
Similarity Trading - The ZZBB Method 215 replies
Rainbow similarity 256 replies
Similarity Stuff 17 replies
Directional Similarity 0 replies
Disliked{quote} This is my interpretation: the marked prices where the differences in stochs occur will have a "gravity" effect. So entry would be placed some distance away from these marked prices with the target of reaching back to the marked prices. ie. difference in stochs happen at price A. Price moves away from A. We take enter a position once it has move far enough to let us earn our desired pips (say 20 pips), with the target at price A. SL can be adjusted to one's risk reward appetite. As to when and where to place the entry we...Ignored
Disliked{quote} I think I understand it. If I'm wrong eurusdd will correct me. You have to be looking at the actual values of the stochastics to see the difference. It's impossible to show that on an uploaded chart. The readings you see on the blowup are for the current bars only.Ignored
Disliked{quote} Let me see if I understand this- I probably don't. At A,B and C there is a difference in stochastics. One lags the other. Since price is heading up at those points the lagging TF will have to go up to catch up. You would buy at those points. At D price is headed down. You would sell. When price reverses, you would enter a trade in the direction of the reversal and exit at these points. Am I close?Ignored
Disliked{quote} stochastics. So you can put this on your stoch-similarity system.Ignored
DislikedNotice that we spotted a difference for the first time at A, price went up and we got similarity for the first time at B. Price that went back to the level of A!!!!!{image}Ignored
DislikedThis is pretty interesting. Finding irregularities in the market and trade it back to balance. #FollowIgnored
Dislikedis this quite right? comment please 30m = 4-1-4 1hr = 2-1-4 {image}Ignored
Disliked{quote} Use the similarity principle to develop super-trading systems. It is the best way to spot mis-pricing without using super-computers and arbitrage arguments. Look at this Monthly chart!!!! First difference spotted at A, first similarity occurred at B. price started to drop back to A from that point! 2,000+ pips IN A SHORT TIME!!!{image} So, mis-pricing started at A, and the correction started at B. Notice that similarity is place from B onward!!!!Ignored
Dislikedis this quite right? comment please 30m = 4-1-4 1hr = 2-1-4 {image}Ignored