The similarity system | Page 34 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: The similarity system
Exit Attachments

The similarity system

  • #661
  • Jul 8, 2013 5:45pm Jul 8, 2013 5:45pm
Quoting Forex Lion
{quote} Hi Eurusdd, very interesting, just one question, if price goes above the white arrow, when do you know you have to sell, immediatly after crossing, or do you wait for a higher level? thx and regards, Forex Lion
The similarity principle can leave you hanging for a while since price can move away from the marked-price for about 400 pips on higher-time frames. But the delay-principle is sharp!! Check these : http://www.forexfactory.com/showthread.php?t=434603&page=29 Note the gaps!!!

The similarity principle is for patient and big-boys - if you intend to use it on higher time-frames!!!
  • #662
  • Jul 8, 2013 6:19pm Jul 8, 2013 6:19pm
Hi Eurussd
you mentioned a hedging 'twist' a little earlier in the thread....could you elaborate a lilittle many thanks


T
  • #663
  • Jul 8, 2013 6:25pm Jul 8, 2013 6:25pm
Quoting oconnor365
Hi Eurussd you mentioned a hedging 'twist' a little earlier in the thread....could you elaborate a lilittle many thanks T
A lot of people like to use stop-loss but I am not one of them!!!
I don't use stop-loss and in fact, I am not hedging or using stop-loss on my explorer.
It is better to hedge than use stop-loss for the following simple reason!!!
  • #664
  • Jul 8, 2013 6:28pm Jul 8, 2013 6:28pm
suppose you set a SL of 20 pips and the spread is 2pips. It is better to set a hedge with gap 18 pips. You can always recover that $2*18.
For instant, if you get 3 wins in every 5 trades then I believe you can see the picture! If I hedge, I can go 500 trades without a loss, because on average I will be right almost surely.

If your broker allows you to hedge, then you can use the similarity principle to the max!!!
  • #665
  • Jul 8, 2013 6:34pm Jul 8, 2013 6:34pm
stand your ground 1.2859!!!
  • #666
  • Jul 8, 2013 6:37pm Jul 8, 2013 6:37pm
Quoting Eurusdd
stand your ground 1.2859!!!

When should the trigger be pulled and i what direction?
  • #667
  • Jul 8, 2013 6:39pm Jul 8, 2013 6:39pm
Quoting angelofx
{quote} When should the trigger be pulled and i what direction?
EURUSD is already heading to 1.2859. I announced it about two hours ago! She has to hit it. ignore her bluffing...
If she goes up, target 1.2859!!!
  • #668
  • Jul 8, 2013 6:44pm Jul 8, 2013 6:44pm
Quoting Eurusdd
{quote} EURUSD is already heading to 1.2859. I announced it about two hours ago! She has to hit it. ignore her bluffing... If she goes up, target 1.2859!!!
I believe you are eurusd so can you go up a bit so folks can make more profit/pips?
  • #669
  • Jul 8, 2013 6:45pm Jul 8, 2013 6:45pm
Quoting angelofx
{quote} I believe you are eurusd so can you go up a bit so folks can make more profit/pips?
I am tired. I have to give in to gravity!!!
  • #670
  • Jul 8, 2013 6:47pm Jul 8, 2013 6:47pm
Quoting Eurusdd
{quote} EURUSD is already heading to 1.2859. I announced it about two hours ago! She has to hit it. ignore her bluffing... If she goes up, target 1.2859!!!
Looks good eurusdd.
Hey, eurusdd! I wanted to ask a question about information that is on your other thread.
I am writing a stochastic-zigzag monitor/indicator... want to know if i'm on the right track.
Should I ask here?

Carl
  • #671
  • Jul 8, 2013 6:48pm Jul 8, 2013 6:48pm
Quoting crodzilla
{quote} Looks good eurusdd. Hey, eurusdd! I wanted to ask a question about information that is on your other thread. I am writing a stochastic-zigzag monitor/indicator... want to know if i'm on the right track. Should I ask here? Carl
Democrazy!!!!
  • #672
  • Jul 8, 2013 6:50pm Jul 8, 2013 6:50pm
Quoting Eurusdd
{quote} I am tired. I have to give in to gravity!!!
I get that signal
  • #673
  • Jul 8, 2013 6:52pm Jul 8, 2013 6:52pm
Quoting angelofx
{quote} I get that signal
Think about my trading philosophy and your life will change!!! DON'T CHASE PRICE!! POST #656
  • #674
  • Jul 8, 2013 6:56pm Jul 8, 2013 6:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 70 KB


271 wins, 0 loss!
  • #675
  • Jul 8, 2013 7:02pm Jul 8, 2013 7:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 73 KB


1.2859 is done! Third time you are seeing delay- in action!!! Bye people.
  • #676
  • Jul 8, 2013 7:03pm Jul 8, 2013 7:03pm
Quoting Eurusdd
{image} 271 wins, 0 loss!
Nice job! I'm as confused now as ever, but nice job!
Life is too short to have anything but delusional notions about yourself.
  • #677
  • Jul 8, 2013 7:16pm Jul 8, 2013 7:16pm
Quoting Eurusdd
{image} 1.2859 is done! Third time you are seeing delay- in action!!! Bye people.
Thank you. I already know what "revolution " is all about. You're gonna tell us the OHLC for the next trading day. Never seen anyone with such market-savvy. You are EURUSD!
  • #678
  • Jul 8, 2013 7:19pm Jul 8, 2013 7:19pm
1.2859...thanks for the pips Eurusdd
  • #679
  • Jul 8, 2013 7:49pm Jul 8, 2013 7:49pm
Quoting Eurusdd
Nothing can beat that!!!! kEEP applying the similarity-principle and if you don't understand it, stick to your principle and leave others to see the light!!
Oh I see the light, already utilising it, but in a different way!
  • #680
  • Jul 8, 2013 7:59pm Jul 8, 2013 7:59pm
Well the show is over! no more crumbs to get, so I guess it's just a matter of looking at this new concept and practicing with what you do have. As I said before, with just the similarity and the ZZ from Eurusd's other thread that should be enough to at least turn some losing traders into consistently profitable traders.

As far as the 271-0 record it is very impressive and praiseworthy, but not necessary to show, as it was obtained using principles not explained.

Anyhow, props to Eurusd for the eye opener into a new trading world with an increased odds enhancer strategy.

Peace
2 traders viewing now