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The similarity system

  • #361
  • Jul 4, 2013 7:24pm Jul 4, 2013 7:24pm
Quoting Madmoney
What's your parameters for your zigzag (just in case)?
24-5-3. That is what i recommended as optimal for the template!!!!

ZOOM out similar to this and paste. WE want to compare ZZ.
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  • #362
  • Jul 4, 2013 7:35pm Jul 4, 2013 7:35pm
Quoting Eurusdd
{quote} 24-5-3. That is what i recommended as optimal for the template!!!! ZOOM out similar to this and paste. WE want to compare ZZ.{image}
I think it's just mini window, where yours will catch up.

charts appear to be the same.
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  • #363
  • Edited 7:52pm Jul 4, 2013 7:41pm | Edited 7:52pm
Quoting Madmoney
{quote} I think it's just mini window, where yours will catch up. charts appear to be the same. {image}
So this is what I meant by SIMILARITY-ACROSS-PLATFORMS in post 1.

You can use across platforms to avoid bad trades too!!!

The 15min charts seems to agree over a wide range.
  • #364
  • Jul 4, 2013 7:45pm Jul 4, 2013 7:45pm
Quoting Eurusdd
{quote} So this is what I meant by SIMILARITY-ACROSS-PLATFORMS in post 1. EURUSD has to go down!!! Thanks bro. You can use across platforms to avoid bad trades too!!!
Yet another dimension to your method, still learning!
  • #365
  • Jul 4, 2013 7:48pm Jul 4, 2013 7:48pm
Quoting Madmoney
{quote} Yet another dimension to your method, still learning!
In #1 There are two way to use similarity.
Now, you bought because the red line hit the outer band but remember that there is a probability attached to it. So, sometimes you have to go across time-frames or across platforms to make up your mind!!!
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  • #366
  • Jul 4, 2013 8:00pm Jul 4, 2013 8:00pm
Quoting Madmoney
{quote} Yet another dimension to your method, still learning!
I think ALPARI allows you to hedge! That is a big plus! I am out.
  • #367
  • Jul 4, 2013 8:01pm Jul 4, 2013 8:01pm
Yea they do.
  • #368
  • Jul 4, 2013 8:03pm Jul 4, 2013 8:03pm
Quoting Madmoney
Yea they do.
Then don't worry bro. You can use that to your advantage. I will show you how! Right now, I am off.
  • #369
  • Jul 4, 2013 8:26pm Jul 4, 2013 8:26pm
A little bored... just thinking out loud here.
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Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #370
  • Edited 8:51pm Jul 4, 2013 8:34pm | Edited 8:51pm
Quoting TraderJoe
A little bored... just thinking out loud here. {image}
Possible but don't bet your life on that cause the similarity at B corrected the difference at A. Therefore, the move you are supporting may not be valid in the short run!!!
  • #371
  • Jul 4, 2013 8:39pm Jul 4, 2013 8:39pm
There were similarities before B, what makes us wait until the B point that you had circled? I thought I had a handle on this, but not just yet.
Life is too short to have anything but delusional notions about yourself.
  • #372
  • Jul 4, 2013 8:45pm Jul 4, 2013 8:45pm
Quoting Eurusdd
{quote} Possible but don't bet your life on that cause the similarity at B corrected the difference at A. Therefore, the move you are supporting may not be valid in the short run!!!{image}
Ok thanks... I didn't realize that.
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #373
  • Jul 4, 2013 8:49pm Jul 4, 2013 8:49pm
Quoting hoss
There were similarities before B, what makes us wait until the B point that you had circled? I thought I had a handle on this, but not just yet.
I believe he is showing the disimilarity at A which was covered by the 2nd Circle at A as an example to my disimilarity (yellow square) in which he shows G canceled out. Nice.
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #374
  • Jul 4, 2013 8:55pm Jul 4, 2013 8:55pm
Quoting TraderJoe
{quote} I believe he is showing the disimilarity at A which was covered by the 2nd Circle at A as an example to my disimilarity (yellow square) in which he shows G canceled out. Nice.
gotcha. thanks.
Life is too short to have anything but delusional notions about yourself.
  • #375
  • Jul 4, 2013 9:13pm Jul 4, 2013 9:13pm
Where would YOU trade?
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  • #376
  • Jul 4, 2013 9:25pm Jul 4, 2013 9:25pm
Quoting Madmoney
Where would YOU trade? {image}
If I'm understanding correctly, we would trade the first similarity back toward the last difference?
Life is too short to have anything but delusional notions about yourself.
  • #377
  • Jul 4, 2013 9:27pm Jul 4, 2013 9:27pm
Quoting Madmoney
Where would YOU trade? {image}
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I presented the idea of similarity and expected people to develop their own system around this core idea! I have a full-package I can never share with anyone. However, similarity is one idea I felt people could adapt to!!!
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So before I place a trade, I have to check 5 components and the similarity component is just one of them!!!!

The concept is powerful. You have to figure out how to use it to compliment what you already have. Ask yourself the following basic question.

"If i have two line that agree 97% of the time, and I just spotted a difference, how can I use this to my advantage?"
  • #378
  • Jul 4, 2013 9:33pm Jul 4, 2013 9:33pm
Quoting Eurusdd
{quote} {image} I presented the idea of similarity and expected people to develop their own system around this core idea! I have a full-package I can never share with anyone. However, similarity is one idea I felt people could adapt to!!! The concept is powerful. You have to figure out how to use it to compliment what you already have.
Don't worry Eurusdd, I'm trying to get us to adapt and think.

It was a meant to be a challenging question to us that are learning your concept.
  • #379
  • Jul 4, 2013 9:35pm Jul 4, 2013 9:35pm
Quoting Eurusdd
{quote} {image}"If i have two line that agree 97% of the time, and I just spotted a difference, how can I use this to my advantage?"
Exactly, what I was trying to get across.
  • #380
  • Jul 4, 2013 10:06pm Jul 4, 2013 10:06pm
across brokers similarity established for AUDUSD. Tha ZZ is now on the chart!! See that Madmoney?
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This is for FXPRO. Your ZZ came earlier.
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