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The similarity system

  • #321
  • Jul 4, 2013 6:31am Jul 4, 2013 6:31am
Quoting Madmoney
Buy trade. {image}
The red 1EMA is not on the lower band yet and so, not a very good condition for rebound! But it is still possible.
  • #322
  • Jul 4, 2013 6:33am Jul 4, 2013 6:33am
Quoting Eurusdd
{quote} The red 1EMA is not on the lower band yet and so, not a very good condition for rebound! But it is still possible.
Ok, noted
  • #323
  • Jul 4, 2013 7:25am Jul 4, 2013 7:25am
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Even though I walk through the darkest valley, I will fear no evil
  • #324
  • Jul 4, 2013 7:35am Jul 4, 2013 7:35am
Interesting thread! Thanks for the new view on FX.
Took this (demo) trade on the 5m. Got out at the cross when stoch and 1 EMA lined up again (and before the news...). Is this correct ?
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  • #325
  • Jul 4, 2013 7:56am Jul 4, 2013 7:56am
Monocor and Jake62, READ post #294.

Your methods are not quite correct, compared to Eurusdd's instructions. Also template is on 15m chart.
  • #326
  • Jul 4, 2013 7:57am Jul 4, 2013 7:57am
Quoting Lirbig Nubee
Live Trade. This is on demo account. I use Market Scope to trade real account. {image}

Is it Christmas already ? This going to be everyday Christmas xcept Saturday & Sunday....lol

Trade closure from earlier post............ around 11 hours ago... and keep adding on retrace.

MT 4 on Demo using it exclusive for the Chart setting.
Note : MT4 demo account profit almost 100% for this trade only......lol

Market Scope to trade real $$$$, cannot get the chart setting from Eurusdd (http://www.forexfactory.com/eurusdd)

Thanks Eurusdd (http://www.forexfactory.com/eurusdd)......... I will post more live trade call as it develop.

God blessed you Eurusdd (http://www.forexfactory.com/eurusdd)
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May the force with Arjun
  • #327
  • Jul 4, 2013 8:30am Jul 4, 2013 8:30am
Quoting Lirbig Nubee
{quote} Is it Christmas already ? This going to be everyday Christmas xcept Saturday & Sunday....lol Trade closure from earlier post............ around 11 hours ago... and keep adding on retrace. MT 4 on Demo using it exclusive for the Chart setting. Note : MT4 demo account profit almost 100% for this trade only......lol Market Scope to trade real $$$$, cannot get the chart setting from Eurusdd (http://www.forexfactory.com/eurusdd) Thanks Eurusdd (http://www.forexfactory.com/eurusdd)......... I will post more live trade...
HMMMM. You were right in this from yesterday!!! Great! Just remember - sound money management!!!

Do you see how the RETURN was sharp???
  • #328
  • Jul 4, 2013 8:31am Jul 4, 2013 8:31am
Quoting Madmoney
Monocor and Jake62, READ post #294. Your methods are not quite correct, compared to Eurusdd's instructions. Also template is on 15m chart.
Read post 301

>97.345% of the time the ZZ line will appear after price/1EMA hits one of the outer band!!!

Therefore, when ZZ appears and the 1EMA has not hit an outer band, you have 97% guarantee that price will continue in that direction until it hits the band! With right money-management you should be good and avoid wrong trades!!!

Eurusdd gave templ for M15 with right settings and thats it, he didn't say use only this tepl with this settings

Plus look at post 313, he gave you an example of the move
Even though I walk through the darkest valley, I will fear no evil
  • #329
  • Jul 4, 2013 8:35am Jul 4, 2013 8:35am
Quoting Madmoney
Buy trade. {image}

HMMM, Madmoney - did you take that BUY!!! GOOD CALL OOH!
  • #330
  • Jul 4, 2013 8:37am Jul 4, 2013 8:37am
All I'm seeing is £$£$£$£$.

Eurusd +54 pips
Audusd +21 pips
Usdchf + 98pips

Total: 173 pips

Just this morning
  • #331
  • Jul 4, 2013 8:37am Jul 4, 2013 8:37am
Quoting Madmoney
All I'm seeing is £$£$£$£$.
LOL.
  • #332
  • Jul 4, 2013 9:57am Jul 4, 2013 9:57am
Quoting Madmoney
All I'm seeing is £$£$£$£$. Eurusd +54 pips Audusd +21 pips Usdchf + 98pips Total: 173 pips Just this morning
Hi Bro,

Can u please put your chart please.....many thanks

Bomi
  • #333
  • Jul 4, 2013 9:58am Jul 4, 2013 9:58am
Quoting Eurusdd
{quote} LOL.
Hi Eurusdd,

Good that u r back and helping us.

Bomi
  • #334
  • Jul 4, 2013 10:04am Jul 4, 2013 10:04am
Quoting Bomi
{quote} Hi Bro, Can u please put your chart please.....many thanks Bomi
Hey Bomi, my charts are on post#277, #278 and #320.
  • #335
  • Jul 4, 2013 10:06am Jul 4, 2013 10:06am
Quoting Madmoney
{quote} Hey Bomi, my charts are on post#277, #278 and #320.
Thanks bro....
  • #336
  • Jul 4, 2013 11:29am Jul 4, 2013 11:29am
EurUsd,

I have read and reread your Thread and every time come across Post#27 on P.2 (attached for your perusal and comment) regarding settings on H-1 and M30. (Plse don't blow your top; I have read that you are no longer prepared to discuss the basics, but when the basic change and are inconsistent, it becomes a problem for this that are not familiar with your method, so plse hear me out)

You stated quite categorically that if the setting is 1,3,4 on H1, then M30 should be TWICE those numbers i.e. 2,6,4 and so forth.

Well I have tried to construct those settings and found that if you leave the PA-Filter @ 1 and just double the Length, you get the desired effect. In fact an amazing effect.

English is also not my first language, but it is no excuse not to be able to communicate well, so I trust you understand that I come to you with an open hand and a request for clarity.

Also, your M-15 template (thank you for that fillip) is based on Eur/USD and is different from other currencies. Secondly, when you attach the BB onto the Stochastic, you cannot put the BB on CLOSE, it HAS to be on "previous indicator" to be able to get the desired effect. My friend had a near disaster with CHF today, but thank goodness we spotted the obvious mistake.

Maybe you would like to comment on this as well.

Thanking you most sincerely for replying firstly and secondly for not shouting at me.

Best wishes,
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Hercs
  • #337
  • Jul 4, 2013 2:10pm Jul 4, 2013 2:10pm
Bull trade.
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  • #338
  • Jul 4, 2013 2:25pm Jul 4, 2013 2:25pm
Quoting Madmoney
Bull trade. {image}
8pips spread?????
  • #339
  • Jul 4, 2013 2:27pm Jul 4, 2013 2:27pm
Quoting Eurusdd
{quote} 8pips spread?????
Lol, No it's variable, I got in @ 3.9, which is still quite expensive!

Usually for AUDUSD is 2.4 or 2.5 pips.
  • #340
  • Jul 4, 2013 3:00pm Jul 4, 2013 3:00pm
Quoting Madmoney
Bull trade. {image}
Before I visit again the thread to read latest post I've done my homework.
I'm happy to see after that that my homework agree with you...

Madmoney or Eurusdd or anyone else... can we consider this as a signal or not because 1EMA has not touch the lower bb??

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Same below...

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