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The similarity system

  • #881
  • Jul 9, 2013 11:42am Jul 9, 2013 11:42am
MadMoney do you found a way to correct enter the dis-similarity trades or nothing yet?
"In God we trust."
  • #882
  • Jul 9, 2013 11:45am Jul 9, 2013 11:45am
Quoting Madmoney
{quote} Sorry, my bad just realised your using a H1 chart. Not paying enough attention
I am using multiple time frames and different strategies to confirm a confluence to make my decision.
So you were not wrong per say.
  • #883
  • Jul 9, 2013 11:54am Jul 9, 2013 11:54am
Quoting renanc93
MadMoney do you found a way to correct enter the dis-similarity trades or nothing yet?
Please clarify what you mean by "correct enter the dis-similarity trades". what do you mean?
  • #884
  • Jul 9, 2013 11:59am Jul 9, 2013 11:59am
Quote
Please clarify what you mean by "correct enter the dis-similarity trades". what do you mean?

eurusdd only told to see the dis-similarity and enter at the similarity waiting the price back to the dis-similarity, but has a lot of similarities after the dis-similiarity so I
can't find the right moment to enter the trades.
"In God we trust."
  • #885
  • Jul 9, 2013 12:05pm Jul 9, 2013 12:05pm
Quoting Baillie
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. {image}
This is what i was talking about in this post above price is moving sideways at the Dis similarity. 5M chart
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  • #886
  • Edited 12:33pm Jul 9, 2013 12:18pm | Edited 12:33pm
Quoting renanc93
{quote} eurusdd only told to see the dis-similarity and enter at the similarity waiting the price back to the dis-similarity, but has a lot of similarities after the dis-similiarity so I can't find the right moment to enter the trades.
O.K Gotcha! that is the part that he did not get into because of the secrecy of his trading system.

You have the main rule correct, trade back to the Dis similarity(price) AFTER the market moves back into similarity.

I am using different methods than most here but using only EURUSDD's similarity indicators I would use the 15 min template to Identify the Dis similarity and then I would use the 1 hour stochastic and zz to confirm that you have a true bottom or top.

give me a few and I will post some pics.
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  • #887
  • Jul 9, 2013 12:41pm Jul 9, 2013 12:41pm
If I understand this method correctly, then I should set my take profit at the highlighted disimilarity area?
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  • #888
  • Jul 9, 2013 12:41pm Jul 9, 2013 12:41pm
dis-similarity manual trading
go to post 1
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  • #889
  • Jul 9, 2013 12:41pm Jul 9, 2013 12:41pm
Quoting Baillie
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. {image}
O.K price moved sideways at supply line/ resistance still in Dis similarity and is making it's way down to the recently created demand line. See if we get a bounce or a break down.

Similarity will have to come into play at the bottom bollinger band before we get a move back up.
  • #890
  • Jul 9, 2013 12:44pm Jul 9, 2013 12:44pm
Quoting marnic
If I understand this method correctly, then I should set my take profit at the highlighted disimilarity area? {image}
Your on a 5m chart I don't know if those settings will be correct.
  • #891
  • Edited 12:57pm Jul 9, 2013 12:46pm | Edited 12:57pm
Quoting juhanimi
dis-similarity manual trading go to post 1 {image}

post a screen shot, please.

re read your post
  • #892
  • Jul 9, 2013 12:52pm Jul 9, 2013 12:52pm
Quoting Baillie
{quote} Your on a 5m chart I don't know if those settings will be correct.

Here is the 15min screenshot.
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  • #893
  • Jul 9, 2013 12:52pm Jul 9, 2013 12:52pm
Given price leads and price is currently nearer to the outer BB.....stoch will have to move nearer to the outer BB also in order to make similarity. Which according to what has been stated stoch is "obliged" to do so 97% +++ of the time......which kinda started happening. Further more ZZ repainted without price ema touching the band and again it is 97%++ obliged to continue the direction....in this case down until it touches the band I think I may have finally got it some of it right
I want more brain power!
  • #894
  • Jul 9, 2013 1:01pm Jul 9, 2013 1:01pm
Quoting marnic
{quote} Here is the 15min screenshot. {image}

If this is the same are you marked on the 5 min chart?
  • #895
  • Jul 9, 2013 1:02pm Jul 9, 2013 1:02pm
Quoting cfdtaleong
Given price leads and price is currently nearer to the outer BB.....stoch will have to move nearer to the outer BB also in order to make similarity. Which according to what has been stated stoch is "obliged" to do so 97% +++ of the time......which kinda started happening. Further more ZZ repainted without price ema touching the band and again it is 97%++ obliged to continue the direction....in this case down until it touches the band I think I may have finally got it some of it right

YES!
  • #896
  • Jul 9, 2013 1:07pm Jul 9, 2013 1:07pm
Quoting Baillie
{quote} If this is the same are you marked on the 5 min chart?
no, previous area no longer appeared disimilar on 15min chart. New area was further to the left on chart.
  • #897
  • Jul 9, 2013 1:10pm Jul 9, 2013 1:10pm
Quoting marnic
{quote} no, previous area no longer appeared disimilar on 15min chart. New area was further to the left on chart.
Yeah, the template is optimized for the 15 min chart
  • #898
  • Jul 9, 2013 1:10pm Jul 9, 2013 1:10pm
Quoting juhanimi
dis-similarity manual trading go to post 1 {image}
Hi Juhanimi
Are you using the cycle indi on 1 min/5 min , 30min/1h...or across brokers?


T
  • #899
  • Jul 9, 2013 1:17pm Jul 9, 2013 1:17pm
1,5,15,30 and 60, it works many ways, if you watch it sometime, you will see what to do
  • #900
  • Jul 9, 2013 1:29pm Jul 9, 2013 1:29pm
Quoting Eurusdd
IMPORTANT: The charts MUST always agree before a new trend (minor/major) begins. Therefore, if they do not agree after a certain time, the trend is expected to continue!!!
IMPORTANT!
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