1.2877 is going to give way soon (losing his effectiveness). So, we are going to enter a sustained move in one direction in order to get a new red-line!
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} I use mutiple TF's, whatever mood I'm in (scalp or medium term trade), from M1 - H1 TF. Dunno if I can discuss it here as it is not part of this thread, also it's early days yet 14 trades in (winners), I will eventually discuss it soon. What really changed my trading was understanding stochs more and changing the parameters to match other standard indicators, I read through the two threads at least 6 time each to get the 'Eureka' moment.Ignored
DislikedThis is pretty mind boggling stuff! Does anyone know why opportunities arise when the BB and stoch become dissimilar? All I'm understanding from the instructions is that there is an opportunity just because there is dissimilarity. So for me it's merely pattern recognition. But no pattern in forex is 97% reliable, so there must be a logical reason behind it.Ignored
DislikedThis is pretty mind boggling stuff! Does anyone know why opportunities arise when the BB and stoch become dissimilar? All I'm understanding from the instructions is that there is an opportunity just because there is dissimilarity. So for me it's merely pattern recognition. But no pattern in forex is 97% reliable, so there must be a logical reason behind it.Ignored
Disliked{quote} If I tell you the truth, YOU WILL CRUCIFY ME. You will not believe me. So, just take it on face value!!!Ignored
Disliked{quote} Once, the method gets out there and is popular, SOMEONE - will intentionally place a move against the strategy and creat a failure.Ignored
Disliked{quote} it is impossible to do that in this case, because indicator has to work like it is planned to do, and when there is failure, or dis-similarity, or window of opportunity, it just have to correct itselfIgnored
Disliked{quote} Not true: Suppose 95% of traders are using this approach. At one point in time, they are all expecting a certain dis-similarity to correct. Now, a group a players will enough power to move the market can rally against that position and take out many traders!!! So, that is why - that 3% error term is there!!!Ignored
Disliked{quote} okey, that can happen, but unlikely, retail traders are not so big in forex and big money do not care what indicators we use, they see, where the money isIgnored
DislikedRemember the principle: we are not supposed to chase price. She must come to us!!!Ignored
Disliked{quote} I remember a certain guy: He said whenever he buys eurusd, PRICE goes down. Then he will change position and sell only to find price heading up!!! Well, that is like trying to win a stubborn girl over!!!Ignored
Disliked{quote} Big MONEY needs MORE-MONEY to become BIGGER money! SO, just don't let the 3% HIT YOU!!!Ignored
Disliked{quote} Big MONEY needs MORE-MONEY to become BIGGER money! SO, just don't let the 3% HIT YOU!!!Ignored
Disliked{quote} I know, how forex works, but I cannot explain it, it is cycle, that repeats. If you think forex is like a clock, price start to goes down from 12.00 clock (selling), central banks start to buy 15.00, and price turns in 18.00 (buying), and central banks start to sell 21.00 something like that, so, nobody cannot change that cycle, only if some central bank goes bankruptIgnored