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The similarity system

  • #741
  • Jul 9, 2013 3:49am Jul 9, 2013 3:49am
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!

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  • #742
  • Jul 9, 2013 3:51am Jul 9, 2013 3:51am
Quoting Eurusdd
{quote} post #701. Delay-signal.
Zoom out a bit more..
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  • #743
  • Jul 9, 2013 3:54am Jul 9, 2013 3:54am
Quoting xixi
{quote} Zoom out a bit more.. {image}
There is a problem at 1.2865/8. True!!

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  • #744
  • Jul 9, 2013 3:55am Jul 9, 2013 3:55am
Quoting Eurusdd
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! {image}
Price may break 1.2830, waiting for an entry.
  • #745
  • Jul 9, 2013 3:58am Jul 9, 2013 3:58am
Quoting Madmoney
{quote} Price may break 1.2830


I am out people. Done trading for now!! Keep the thread active!
  • #746
  • Jul 9, 2013 4:03am Jul 9, 2013 4:03am
Quoting Madmoney
{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.
understanding, how something works, and why it works, after that it is confident trading
  • #747
  • Jul 9, 2013 4:24am Jul 9, 2013 4:24am
This 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.
  • #748
  • Jul 9, 2013 4:26am Jul 9, 2013 4:26am
Quoting Stinky
This 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.
If I tell you the truth, YOU WILL CRUCIFY ME. You will not believe me. So, just take it on face value!!!
  • #749
  • Jul 9, 2013 4:30am Jul 9, 2013 4:30am
Quoting Stinky
This 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.

we have something in common, i cant understand the system, i think page 1 is no longer used anymore.... please correct it bro eurousd
trading and investing wisely
  • #750
  • Jul 9, 2013 4:32am Jul 9, 2013 4:32am
Quoting Eurusdd
{quote} If I tell you the truth, YOU WILL CRUCIFY ME. You will not believe me. So, just take it on face value!!!
So this (http://www.forexfactory.com/showthread.php?p=6803859#post6803859) post IS true after all
Even if you fall on your face, you're still moving forward.
  • #751
  • Jul 9, 2013 4:34am Jul 9, 2013 4:34am
Quoting Eurusdd
{quote} If I tell you the truth, YOU WILL CRUCIFY ME. You will not believe me. So, just take it on face value!!!
This si the reason why It is not good to expose a winning-strategy in a game like forex-trading. Once, the method gets out there and is popular, SOMEONE - will intentionally place a move against the strategy and creat a failure. However, if no one knows what I am doing - I can apply it for years and NO-ONE will be able to go against it.
  • #752
  • Jul 9, 2013 4:42am Jul 9, 2013 4:42am
Quoting Eurusdd
{quote} Once, the method gets out there and is popular, SOMEONE - will intentionally place a move against the strategy and creat a failure.
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 itself
  • #753
  • Jul 9, 2013 4:46am Jul 9, 2013 4:46am
Quoting juhanimi
{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 itself
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!!!
  • #754
  • Jul 9, 2013 4:51am Jul 9, 2013 4:51am
Quoting Eurusdd
{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!!!
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 is
  • #755
  • Jul 9, 2013 4:53am Jul 9, 2013 4:53am
Quoting juhanimi
{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 is
Big MONEY needs MORE-MONEY to become BIGGER money! SO, just don't let the 3% HIT YOU!!!
  • #756
  • Jul 9, 2013 4:57am Jul 9, 2013 4:57am
Quoting Eurusdd
Remember the principle: we are not supposed to chase price. She must come to us!!!
I should really slap myself for not following this

Quoting Eurusdd
{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!!!

Have we met?
I want more brain power!
  • #757
  • Jul 9, 2013 4:58am Jul 9, 2013 4:58am
Quoting Eurusdd
{quote} Big MONEY needs MORE-MONEY to become BIGGER money! SO, just don't let the 3% HIT YOU!!!
Hit you in the sense that, by the time the dis-similarity is corrected you may have lost your ability to keep going!!!
  • #758
  • Jul 9, 2013 4:59am Jul 9, 2013 4:59am
good informations !!!!
  • #759
  • Jul 9, 2013 5:02am Jul 9, 2013 5:02am
Quoting Eurusdd
{quote} Big MONEY needs MORE-MONEY to become BIGGER money! SO, just don't let the 3% HIT YOU!!!
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 bankrupt
  • #760
  • Jul 9, 2013 5:05am Jul 9, 2013 5:05am
Quoting juhanimi
{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 bankrupt
HAHA.
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