The similarity system

What happen with trade exploer, can you put it back, that we could compare the trades

By the cycle from M30 and H1 price went up, by the stoch M15 don't understand

Spotted few difference in EJ m15 last night and was at resistance was expecting a down

15m and 1hour stoch values have gone out of synch....

But Eurusdd said it is best to trade the similarities because trading the differences would not lead to many trades.
So I'm thinking he means when you see both the ma and stoch signal and they look the same, this is the best signal because 97% of the time they are true. Not positive but this is the only thing that makes sense. Now if you trade the differences then where they differ you mark that price area and then when there's a signal you trade back to that price.

The only problem I have is understanding his non-english native tongue translating what he speaks to sensible english

ok...back in synch...its a sell on euusd

The deviation occurred around 125.5...( didn't quite catch it exactly )

sorry...129.5

Here's one I'm in. Trading back up to the dis-similar area from a similar area signal.

Hi Eurudsd,

Very nice techniq. Something new, very much impressed. I just started reading it yesterday. Trying to understand the new concept still require lot of practice, but I am in brother. My sincerly request is that people are joining your thread because you have something which is very uniqe. I feel someone has put comments not to put you down. You should not take too seriously. We all are waiting for your guidence. Appriciate your help.

Bomi

Hi Eurusdd,

I was just having a look at this to see if I could replicate. These are Alpari UK charts so timing is GMT+3. Rectangles indicate the candles where Stoch differed. In the first 2 rectangles, there was maybe only 1.0 or 2.0 of difference in Stoch while within the larger 3rd rectangle there could have been up to 10.0 difference from time to time.

For the first 2 rectangles, it has shown that price comes back to the level of the blue, which is what you were demonstrating in post 89. On exactly why that happens, other than random market movement, I'm not entirely clear yet (sorry...theory not my strong point - takes a while for the penny to drop). I'm also unsure why there was a larger block of Stoch difference covering at least 8 candles.

Anyhow - I'm posting this in the hope that I'll get confirmation as to whether or not it's on the right track.

thanks....

THE ONLY POST ( Person) THAT REALLY UNDERSTAND HOW THE SYSTEM WORKS. Congrat !!!!!

Trading back up to the dis-similar area from a similar area signal. One line with clear explanation

The Title for this thread = The similarity system. Similarity-probability is 97.6578% ( I wonder WHY people are eagerly trying to find DIS-similar for an entry ? lol)

Past two days I posted in another thread using my own system but using this system to confirm the entry and most importantly exit ( exit is cool)..... Good system to supplement to my trend following method..

I will post my live trade next week to share with everyone here, since the Thread Owner had left because he was pissed with some comment from people who doesn't want to think. This system is really an "art" more than Science.


I only trade EJ. Please post comments ideas and share you thought here. It may takes time for new traders to understand, but if you already have a system to trade with, this will give an extra boost for clear entry and exit. Soon you will see light at the end of tunnel.

It's too dark to see how the system work because Eurusdd (http://www.forexfactory.com/eurusdd) called it Blackhole in Forex........lol

Eurusdd (http://www.forexfactory.com/eurusdd) , I agree, with your Blackhole in Forex theory , you found it first......Don't take it too hard on inexperienced traders comments as they are looking for quick fix.

Take care Brother

Hi all

I apologize to those concerned: I think that is not correct and demonstrates a lack of respect for our friend "EURUSDD" change the system he built.
When someone creates a good system there is always that want to destroy!
If you want to discuss "your system" (dis-similar!!) Go to another page!
With maximum consideration for all,
Regards
Julio Bento

Live Trade.

This is on demo account.

I use Market Scope to trade real account.

Hey Lirbig, Why not enter on the first similarity?

If I'm wrong, I'm wrong.

LOL... well one thing I can tell you is - It's the Blackholes that always get to me

Active trade

Another trade, let's see how they work out.

My bad..............I really not familiar with MT4 platform. I wanted to put Sl 23 pips, I type in 23... it is meant to be 2.3 pips. lol

Got stopped out immediately. I got to add "0" to the pips count since it is YEN cross. I use "lvoe EA" trade manager to manage TP/SL

I think I got it right for now. Bear with me coz I dont use MT4 to trade.

Here is my re-entry......lol

Simple Question................to you before I answer you.

1st.

Do you know how BB works ? Why should I SELL on the upperband ? I rather wait for price to test the middle band. It is kind of Dynamic SR for price to move around it. Sometimes price will test it twice or triple before it break thro' the middle band.

Similarity is almost 90% using this system( similar is abundance here), but we must know where to enter and the mechanics behind each entry.

2nd.

The band had expended , then it will contract...... alternately. Trade only when the band expanded. ( I realise ,..I went in too early for this trade, assuming Tokyo open will bring momentum and expand. my suggestion you have a quick read on BB theory to understand it its uses.

3rd.

Why should I SELL when the Stochs is pointing upward and moving above 50 level ? What does it mean when Stochs is pointing upward towards 100 Level ? Sign or weakness or Strength ? Read Stochs theory then you understand WHY I do not want to sell there.

4th.

Where you point is when London Closed... I expect price to retrace a bit because people are taking out profit. Retrace don't go very far may be 20pips, and during those hours we may get "spike" to take our SL. Don't trade after London close, unless there is big news to move the price.

5th.

BB Centre line for Price Chart is moving averages... To be safe follow the MA direction to trade, not against it.


If you can find answer to the above, then you will understand why I enter short at the post above.

Thank you for asking, Im glad if the above helps you in anyway, If not feel free to ask, may be someone else can give more accurate answer.

Stay cool.