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The similarity system

  • #781
  • Jul 9, 2013 7:01am Jul 9, 2013 7:01am
@normtold I am sure you are not new to forex! So, I believe you understand what 97% means in this business!

97% supports 1.2858 then you have a high-probability trade! Patience is key though.
  • #782
  • Jul 9, 2013 7:02am Jul 9, 2013 7:02am
Quoting Eurusdd
FOREXFACTORY did a good one on this forum. At least the EXPLORER allows the thread-starter to justify his/her claims. This is good. I can remember what I went through some time ago!!! Thank you FOREXFACTORY.
I remember! Lol
  • #783
  • Jul 9, 2013 7:07am Jul 9, 2013 7:07am
Hi,
i wanted to give a try to your strategy using the cycle identifier.
I wanted to know if it could work on every pair cause my prefered is EURJPY.
Take a look to this :
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-07-09 _ 14-01.png Size: 54 KB

On the M5 chart we have a bullish bar at 14:15 and on the M1 chart we have a green bullish bar at 14:18 so if i've understood correctly it's at 14/18 that i should enter long. Am i correct ?
My name is Martin... Martin Gale
  • #784
  • Jul 9, 2013 7:09am Jul 9, 2013 7:09am
Quoting Madmoney
{quote} I remember! Lol
!
  • #785
  • Jul 9, 2013 7:12am Jul 9, 2013 7:12am
@NORMTOLD, are you ok NOW???
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 67 KB
  • #786
  • Jul 9, 2013 7:14am Jul 9, 2013 7:14am
Quoting condor666
Hi, i wanted to give a try to your strategy using the cycle identifier. I wanted to know if it could work on every pair cause my prefered is EURJPY. Take a look to this : {image} On the M5 chart we have a bullish bar at 14:15 and on the M1 chart we have a green bullish bar at 14:18 so if i've understood correctly it's at 14/18 that i should enter long. Am i correct ?
I see no similarity between your charts? Work again!!!
  • #787
  • Jul 9, 2013 7:17am Jul 9, 2013 7:17am
Quoting Eurusdd
{quote} I see no similarity between your charts? Work again!!!

Maybe the problem could be that i've bad values on the cycle indi, what are the correct values that i should use ?
My name is Martin... Martin Gale
  • #788
  • Jul 9, 2013 7:20am Jul 9, 2013 7:20am
Quoting condor666
{quote} Maybe the problem could be that i've bad values on the cycle indi, what are the correct values that i should use ?
The charts (price-action) do not look similar. Get that right first. LOOK at my 1min/5min in post #1. look at similar price action!!!
  • #789
  • Jul 9, 2013 7:26am Jul 9, 2013 7:26am
Quoting Eurusdd
I want to hit 100 consecutive wins on my explorer. Then, people will be forced to re-think the forex market and forex-trading. 50:50, gambling they say???
Yes, some people will rethink forex (me). Then there are others (most) that will think this is all rubbish.
I hope most think this is rubbish... so we can quietly skim our profits from them...

Carl
  • #790
  • Jul 9, 2013 7:28am Jul 9, 2013 7:28am
Quoting Eurusdd
@NORMTOLD, are you ok NOW???{image}
Yes thanks.

Hit 1.2858 for 2 trades now. Will leave it alone and look for next set up.
  • #791
  • Jul 9, 2013 7:28am Jul 9, 2013 7:28am
Quoting Eurusdd
{quote} The charts (price-action) do not look similar. Get that right first. LOOK at my 1min/5min in post #1. look at similar price action!!!
Hi Eurusdd,

Can you give a clue? For a beginner, which one is better: using cycle indicator or Stoch+BB ?

Thanks
-jack-
Similarity can change your life !
  • #792
  • Jul 9, 2013 7:31am Jul 9, 2013 7:31am
Quoting jackprobe
{quote} Hi Eurusdd, Can you give a clue? For a beginner, which one is better: using cycle indicator or Stoch+BB ? Thanks -jack-
STOCH-BB. Under the similarity umbrella, cycle-identifier ranks below stoch-bb.
  • #793
  • Jul 9, 2013 7:33am Jul 9, 2013 7:33am
Quoting Eurusdd
{quote} STOCH-BB. Under the similarity umbrella, cycle-identifier ranks below stoch-bb.
OK, thank you very much. Is there any EA on this yet?

-jack-
Similarity can change your life !
  • #794
  • Jul 9, 2013 7:36am Jul 9, 2013 7:36am
Quoting crodzilla
{quote} Yes, some people will rethink forex..
Major rethink, I've hardly slept the last two nights..
  • #795
  • Jul 9, 2013 7:37am Jul 9, 2013 7:37am
Quoting jackprobe
{quote} OK, thank you very much. Is there any EA on this yet? -jack-
The beauty of trading lies in you "feeling the market". Trade yourself. There is a 5% human component to every strategy!!!!
I don't do auto-.....
  • #796
  • Jul 9, 2013 7:39am Jul 9, 2013 7:39am
Quoting crodzilla
{quote} Yes, some people will rethink forex (me). Then there are others (most) that will think this is all rubbish. I hope most think this is rubbish... so we can quietly skim our profits from them... Carl
  • #797
  • Jul 9, 2013 7:44am Jul 9, 2013 7:44am
1.2857 is now the new POINT.
  • #798
  • Jul 9, 2013 7:45am Jul 9, 2013 7:45am
Must i do it like this ?
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-07-09 _ 14-44.png Size: 48 KB

But the cycle indi is still not same
My name is Martin... Martin Gale
  • #799
  • Jul 9, 2013 7:48am Jul 9, 2013 7:48am
Quoting condor666
Must i do it like this ? {image} But the cycle indi is still not same
Bravo!! your price action is now good!
What are your CI settings?
  • #800
  • Jul 9, 2013 7:48am Jul 9, 2013 7:48am
Quoting Eurusdd
1.2857 is now the new POINT.
Would you be so kind to post a chart showing why this is so please?
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