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The similarity system

  • #1,141
  • Jul 11, 2013 12:31am Jul 11, 2013 12:31am
how about this
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Never say no to PIPS
  • #1,142
  • Jul 11, 2013 12:31am Jul 11, 2013 12:31am
Dissimilarity, similarity restored, dissimilarity corrected? I admit it did work as expected, although I fail to understand why.

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  • #1,143
  • Jul 11, 2013 12:34am Jul 11, 2013 12:34am
Quoting bulent
Dear Madmoney, Thank you for your help. Do you advice to me h1 and m30 time frame? and how many pips to TP and SL?. Best Regards. Bülent.
Quoting Eurusdd
Best Compatible time-frames are 1: 1min-5min, 5min-15min, 15min-30min, 30min-1hr, 1hr-4hr, 4hr-1day, 1day-1week. For day-traders, 1min-5min, 5min-15min, 15min-30min, 30min-1hr will be sufficient! Once you have chosen your currency pair, and compatible time-frames you need to chosen indicators {image}

TP and SL will be personal, the smaller the TF usually mean smaller profits (sometimes), but higher frequency trading.
  • #1,144
  • Jul 11, 2013 12:39am Jul 11, 2013 12:39am
Blue box - zigzag but no band touch by EMA1, shall we say price will return to that are?

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  • #1,145
  • Jul 11, 2013 12:43am Jul 11, 2013 12:43am
Last trade of the day!
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  • #1,146
  • Jul 11, 2013 12:45am Jul 11, 2013 12:45am
Quoting xixi
If price continues downtrend then I think the next target could be 1.3023 {image}
Oh NO !!!
Price still reached 1.3023
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  • #1,147
  • Jul 11, 2013 12:45am Jul 11, 2013 12:45am
Madmoney, have you check the last chart that i posted? thx , good night
Never say no to PIPS
  • #1,148
  • Jul 11, 2013 12:51am Jul 11, 2013 12:51am
Quoting lazyegg
how about this {image}
A bit more fine tuning, try 1-6-4, 1-30-4.
  • #1,149
  • Jul 11, 2013 12:54am Jul 11, 2013 12:54am
Quoting Madmoney
{quote} A bit more fine tuning, try 1-6-4, 1-30-4.
that was 1-6-4 and 1-30-4 already
Never say no to PIPS
  • #1,150
  • Jul 11, 2013 12:56am Jul 11, 2013 12:56am
Quoting Madmoney
Last trade of the day! {image}
BOOM! Another +15 pips.

Total for today +86 pips.

29 consecutive wins (trying to compete with the MASTER, Eurusdd). Yeeeaa right.....
  • #1,151
  • Jul 11, 2013 12:56am Jul 11, 2013 12:56am
Quoting Madmoney
Last trade of the day! {image}
Great trade Mad!
Could you tell why you set TP there?
  • #1,152
  • Jul 11, 2013 12:57am Jul 11, 2013 12:57am
Quoting lazyegg
{quote} that was 1-6-4 and 1-30-4 already
Try 1-10-4, 1-50-4.
  • #1,153
  • Jul 11, 2013 12:59am Jul 11, 2013 12:59am
that you for all your help Madmoney


it look like this for 1-10-4 and 1-50-4
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Never say no to PIPS
  • #1,154
  • Jul 11, 2013 1:00am Jul 11, 2013 1:00am
Quoting xixi
{quote} Great trade Mad! Could you tell why you set TP there?
My personal daily target is 20 pips, cause I trade heavy lots, anything above that is a bonus.

I set my self mental TP's when I exceed my target or if the a major signals against me (whatever comes first).
  • #1,155
  • Jul 11, 2013 1:00am Jul 11, 2013 1:00am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Madmoney
{quote} BOOM! Another +15 pips. Total for today +86 pips. 29 consecutive wins (trying to compete with the MASTER, Eurusdd). Yeeeaa right.....
Excellent trading MM!
An expert is a man who has made all the mistakes which can be made
  • #1,156
  • Jul 11, 2013 1:01am Jul 11, 2013 1:01am
Quoting lazyegg
that you for all your help Madmoney it look like this for 1-10-4 and 1-50-4 {image}
Scroll to the right and zoom in, wanna double check.
  • #1,157
  • Jul 11, 2013 1:02am Jul 11, 2013 1:02am
Quoting Neio
{quote} Excellent trading MM!
Thanks buddy.
  • #1,158
  • Jul 11, 2013 1:05am Jul 11, 2013 1:05am
Quoting Madmoney
{quote} My personal daily target is 20 pips, cause I trade heavy lots, anything above that is a bonus. I set my self mental TP's when I exceed my target or if the a major signals against me (whatever comes first).
Thanks guy
  • #1,159
  • Jul 11, 2013 1:05am Jul 11, 2013 1:05am
check it out
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Never say no to PIPS
  • #1,160
  • Jul 11, 2013 1:06am Jul 11, 2013 1:06am
Quoting Madmoney
{quote} Here is my latest trade. Is that clear? {image}

How do you put a 5M cycle identifier on a 1M chart?
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