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The similarity system

  • #861
  • Jul 9, 2013 10:20am Jul 9, 2013 10:20am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Baillie
There is a Dis similarity taking place on the EUR/USD 15 min {image}
I am waiting for the hourly bar to close with the STOCH at 0. As Eursudd said in the other thread that this has a 90% chance of there being a new leg of the ZZ. http://www.forexfactory.com/showthread.php?p=6800507#post6800507. Which should mean that the price should reverse.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #862
  • Jul 9, 2013 10:28am Jul 9, 2013 10:28am
Quoting Madmoney
{quote} 30 pips - 20% roi

Able to post examples of ur trades to help in understanding the strategy?
  • #863
  • Jul 9, 2013 10:33am Jul 9, 2013 10:33am
Quoting Eurusdd
$5,000 to $24,654 for 5 days - including weekends. 69 trades, 67 wins, 0 losses, 2 even trades. That is the story!!! I am DONE!!! Next time I come around, you will have another window!!! tHANK YOU all, especially those who vouched for me and my main-man MADMONEY!!! Make money and spend/enjoy it too! Off to spend some of mine!!! WILL be back in September
Thank you for your nice strategy. Hope you still will give answer to some newbie questions
Similarity can change your life !
  • #864
  • Jul 9, 2013 10:34am Jul 9, 2013 10:34am
Quoting Eurusdd
$5,000 to $24,654 for 5 days - including weekends. 69 trades, 67 wins, 0 losses, 2 even trades. That is the story!!! I am DONE!!! Next time I come around, you will have another window!!! tHANK YOU all, especially those who vouched for me and my main-man MADMONEY!!! Make money and spend/enjoy it too! Off to spend some of mine!!! WILL be back in September
YOUR A LEGEND!!!
  • #865
  • Jul 9, 2013 10:37am Jul 9, 2013 10:37am
In which turn does the dog lays down to sleep?
Please pull my head out of my ass, I am running out of oxygen...
  • #866
  • Jul 9, 2013 10:38am Jul 9, 2013 10:38am
Quoting Eurusdd
$5,000 to $24,654 for 5 days - including weekends. 69 trades, 67 wins, 0 losses, 2 even trades. That is the story!!! I am DONE!!! Next time I come around, you will have another window!!! tHANK YOU all, especially those who vouched for me and my main-man MADMONEY!!! Make money and spend/enjoy it too! Off to spend some of mine!!! WILL be back in September
Gracias EURUSD. Over to you Madmoney.
  • #867
  • Jul 9, 2013 10:41am Jul 9, 2013 10:41am
Quoting Eurusdd
$5,000 to $24,654 for 5 days - including weekends. 69 trades, 67 wins, 0 losses, 2 even trades. That is the story!!! I am DONE!!! Next time I come around, you will have another window!!! tHANK YOU all, especially those who vouched for me and my main-man MADMONEY!!! Make money and spend/enjoy it too! Off to spend some of mine!!! WILL be back in September
Hi Eurusdd,

Thank you for very much. You have done enough for us. One more request can you continue with "How to use technical indicators properly!" - There are people like me who wants to learn lot of things from you. I will retire within two years. If I can learn something from you which will make a lot of difference in my life. God bless you and your family.

Bomi
  • #868
  • Jul 9, 2013 10:44am Jul 9, 2013 10:44am
Quoting Hennessy
{quote} Able to post examples of ur trades to help in understanding the strategy?
Yes Madmoney If you can... appreciated

Bomi
  • #869
  • Jul 9, 2013 10:48am Jul 9, 2013 10:48am
Pleases correct me if I am wrong. Is this not a di-similarity that has not been corrected for the last about 2 hrs?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2013-07-09 at 10.46.52 AM.png Size: 102 KB
Please pull my head out of my ass, I am running out of oxygen...
  • #870
  • Jul 9, 2013 10:49am Jul 9, 2013 10:49am
Quoting Eurusdd
condor666: see the bearish move??? {image}

Sorry for the late reply, yes i saw it the only thing i don't understand is how do you can find so precise targets (0.1 pips)
My name is Martin... Martin Gale
  • #871
  • Jul 9, 2013 10:51am Jul 9, 2013 10:51am
Quoting Baillie
There is a Dis similarity taking place on the EUR/USD 15 min {image}
That dis-similarity is not obvious enough, the dis-similarity from the 5th has just been corrected (15M).
  • #872
  • Jul 9, 2013 10:56am Jul 9, 2013 10:56am
Quoting PiPtHiEf
Pleases correct me if I am wrong. Is this not a di-similarity that has not been corrected for the last about 2 hrs? {image}
Sorry is that a 1M chart can't see it properly?
  • #873
  • Jul 9, 2013 10:57am Jul 9, 2013 10:57am
So is the vertical red line on my chart not a disimilarity? Yes, its M1
Please pull my head out of my ass, I am running out of oxygen...
  • #874
  • Jul 9, 2013 11:04am Jul 9, 2013 11:04am
Quoting PiPtHiEf
So is the vertical red line on my chart not a disimilarity? Yes, its M1
I don't think that is a strong enough difference, here is what helps me (thanks to Ralome).

If the stoch breaks '1' level it becomes a blatant difference.

Also go into the indicator options, go to color and change the last row colour to white.
Attached File(s)
File Type: mq4 StochDif2.mq4   2 KB | 937 downloads
  • #875
  • Jul 9, 2013 11:10am Jul 9, 2013 11:10am
Quoting Madmoney
{quote} I don't think that is a strong enough difference, here is what helps me (thanks to Ralome). If the stoch breaks '1' level it becomes a blatant difference. Also go into the indicator options, go to color and change the last row colour to white. {file}
Is this what we are supposed to see?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 58 KB
  • #876
  • Jul 9, 2013 11:14am Jul 9, 2013 11:14am
Quoting Hennessy
{quote} Is this what we are supposed to see? {image}
Like this.....









I'm out, gonna have nap
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 61 KB
  • #877
  • Jul 9, 2013 11:20am Jul 9, 2013 11:20am
Quoting Madmoney
{quote} That dis-similarity is not obvious enough, the dis-similarity from the 5th has just been corrected (15M).
Right, I said forming. I am also looking at the 1 hour stoch and zz which is in the 10 to 0 range with zz still down. Also there has not been a similarity signal on the 15 min chart that would make me want to go long at this particular time. Still waiting for long.

Here is a pic of my 1 Hr chart currently
Attached Image (click to enlarge)
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  • #878
  • Jul 9, 2013 11:32am Jul 9, 2013 11:32am
Quoting Baillie
{quote} Right, I said forming. I am also looking at the 1 hour stoch and zz which is in the 10 to 0 range with zz still down. Also there has not been a similarity signal on the 15 min chart that would make me want to go long at this particular time. Still waiting for long. Here is a pic of my 1 Hr chart currently {image}
Sorry, my bad just realised your using a H1 chart. Not paying enough attention
  • #879
  • Jul 9, 2013 11:34am Jul 9, 2013 11:34am
Quoting Hennessy
{quote} Is this what we are supposed to see? {image}
Yes, though I think MadMoney is using different settings than the default 300/24. [Edit: just noticed the different time frames myself, so never mind ]

However, that doesn't explain why the 1-2 horizontal lines are not there. Did you remove them yourself?
Even if you fall on your face, you're still moving forward.
  • #880
  • Jul 9, 2013 11:42am Jul 9, 2013 11:42am
Here is the other reason I would not want to go long just yet.

Price bouncing off my supply line and has not closed above it with a good confirmation.

Plus price is at the Dis similarity I pointed out already higher probability of price moving sideways then down.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 191 KB
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