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The similarity system

  • #1,341
  • Jul 11, 2013 1:59pm Jul 11, 2013 1:59pm
Well, I don't know what it is. May be I need to get my glasses. I see some of the things and I even followed some of the charts posted but I just don't seem to grasp the idea of what I am to look for. Hope it syncs in soon...
Please pull my head out of my ass, I am running out of oxygen...
  • #1,342
  • Jul 11, 2013 2:04pm Jul 11, 2013 2:04pm
Quoting PiPtHiEf
Well, I don't know what it is. May be I need to get my glasses. I see some of the things and I even followed some of the charts posted but I just don't seem to grasp the idea of what I am to look for. Hope it syncs in soon...
Follow the stoch-BB similarity method, open your mind and believe it is possible to get this done and you will see the light. Until then, we can't help you!!!
  • #1,343
  • Jul 11, 2013 2:07pm Jul 11, 2013 2:07pm
Quoting PiPtHiEf
Well, I don't know what it is. May be I need to get my glasses. I see some of the things and I even followed some of the charts posted but I just don't seem to grasp the idea of what I am to look for. Hope it syncs in soon...

I'm right there with you - I see it sometimes, and then I lose it.

My gut is saying I am too greedy - I keep shooting for 10 pips or more. But I am constantly seeing 3- 5 pips at any time.
  • #1,344
  • Edited 2:23pm Jul 11, 2013 2:10pm | Edited 2:23pm
Quoting almo
{quote} I'm right there with you - I see it sometimes, and then I lose it. My gut is saying I am too greedy - I keep shooting for 10 pips or more. But I am constantly seeing 3- 5 pips at any time.
It depends on which method you are using. My EXPLORER was based on the CI-similarity method and that is why I could get 3-10 pips almost surely. I was also trading on the 1min time-frame.
But most guys here combine the CI-method with the STOCH-BB method and that allows them to avoid tricky setups.

SOME have even design variations of the concept and they are doing fine.
  • #1,345
  • Jul 11, 2013 3:01pm Jul 11, 2013 3:01pm
Agreed! I am not sure the problem is a lack faith, is more like at this stage I feel like I am following a rule blindly without understanding what I am doing. Honestly I have not placed a single demo trade yet. Not that I am lazy or anything. I actually sit in front of a computer 8 hrs a day for work and I have plenty of flexibility on my schedule to put chart time. Yet, as an engineer I am too inclined to follow a minimal set of logical analysis and not to move until I have a bit of understanding. I manage a hybrid fiber optic/copper and wireless network that webs for 200 sq mi of territory. I can fix things I don't see and I have done so for the last 14 years. Idk, I figure I am smart enough... LOL. Today I've got a headache... tomorrow I have a meeting... darn it! I'll try to post some charts next week and see how it goes... just have some patience...
Please pull my head out of my ass, I am running out of oxygen...
  • #1,346
  • Jul 11, 2013 3:14pm Jul 11, 2013 3:14pm
Quoting almo
{quote} Baille , Arguably, anyone that is using any of the indicators mentioned in this thread are guilty of receiving vouches for using someone elses idea. Who cares? Look at the big picture - Eurusdd is teaching everyone how to break free of being chained to work. And for that, I tip my hat to you Eurusdd
This was from a post on the previous page:

When you vouch for someone, it means you believe they are an experienced and wise trader.

I was not looking for a vouch, I was pointing out people were receiving vouches like candy on halloween for ideas they copied, making trades using the indicator combination that I recommended, and getting vouches for how brilliant of a trader they are. Is that not what happened?

I agree with you almo, but I am not chained to my work, I am sorry if you are and I am sure what was presented in this thread will help to loose you to trade full time.

I see the big picture that is why I decided to do a trade walk through to help some others who did not "get it". What has been your contribution other than to correct me?

So arguably, the only person on this thread who deserves a vouch is EURUSDD and if I had that privilege to do so, I would vouch for him too.
  • #1,347
  • Jul 11, 2013 3:15pm Jul 11, 2013 3:15pm
DURING THE WEEKEND, i will post a series of pictures showing you a much simpler and powerful way to use the stoch-bb similarity technique. I will HELP you pick tops/bottoms within the accuracy of 10-20 pips stop-loss. I hope I will have the time. I want you to turn you red into green..
  • #1,348
  • Jul 11, 2013 3:20pm Jul 11, 2013 3:20pm
Hi everyone sorry been out this evening and will not be back trading till Monday now!

Every trade I took today was based on what you read in post 1!!

Will do more testing monday, good luck!!!

Thanks again Eurusdd
  • #1,349
  • Jul 11, 2013 3:30pm Jul 11, 2013 3:30pm
just took 8 pts using ci incorporated with my current system, still needs a bit more testing
  • #1,350
  • Jul 11, 2013 3:31pm Jul 11, 2013 3:31pm
Quoting Eurusdd
DURING THE WEEKEND, i will post a series of pictures showing you a much simpler and powerful way to use the stoch-bb similarity technique. I will HELP you pick tops/bottoms within the accuracy of 10-20 pips stop-loss. I hope I will have the time. I want you to turn you red into green..
Awesome!!
  • #1,351
  • Jul 11, 2013 3:47pm Jul 11, 2013 3:47pm
Quoting Eurusdd
DURING THE WEEKEND, i will post a series of pictures showing you a much simpler and powerful way to use the stoch-bb similarity technique. I will HELP you pick tops/bottoms within the accuracy of 10-20 pips stop-loss. I hope I will have the time. I want you to turn you red into green..

'Yaaaaaaay'........
My help is in the name of the Lord who made heaven and earth.
  • #1,352
  • Edited 6:10pm Jul 11, 2013 4:45pm | Edited 6:10pm
Thanks so much to Eurusdd for this amazing method. This week at work I spent my lunch hour dabbling on an EA using the CI methods (because the Stoch-BB much to subjective). Anyway the backtest results in my first draft are very promising. Once I have all bugs worked out will start forward testing.


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  • #1,353
  • Jul 11, 2013 4:58pm Jul 11, 2013 4:58pm
Quoting Eurusdd
DURING THE WEEKEND, i will post a series of pictures showing you a much simpler and powerful way to use the stoch-bb similarity technique. I will HELP you pick tops/bottoms within the accuracy of 10-20 pips stop-loss. I hope I will have the time. I want you to turn you red into green..
Thank You Very Much!!! What you are doing is amazing. I'm one of the traders who is in red looking to get to green. I look forward to what you have to teach and share and I will surely be soaking it up like a sponge. With the way the world can be in chaos at times it's very nice to have somebody like you be a change of pace!
  • #1,354
  • Jul 11, 2013 5:38pm Jul 11, 2013 5:38pm
hello eurusdd, congrats for the thread, as I said before to you, itīs not my system, but it can be used positively by everyone, especially choosing entry spots, refering my case...bro, tell me if Iīm seeing things right..below you have a monthly example of Audusd...I spot A, where relative start the difference...it means price will end to return to that level??
thanks bro
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  • #1,355
  • Jul 11, 2013 5:49pm Jul 11, 2013 5:49pm
Quoting Eurusdd
DURING THE WEEKEND, i will post a series of pictures showing you a much simpler and powerful way to use the stoch-bb similarity technique. I will HELP you pick tops/bottoms within the accuracy of 10-20 pips stop-loss. I hope I will have the time. I want you to turn you red into green..
Waaating
"In God we trust."
  • #1,356
  • Jul 11, 2013 5:57pm Jul 11, 2013 5:57pm
Quoting xandi
hello eurusdd, congrats for the thread, as I said before to you, itīs not my system, but it can be used positively by everyone, especially choosing entry spots, refering my case...bro, tell me if Iīm seeing things right..below you have a monthly example of Audusd...I spot A, where relative start the difference...it means price will end to return to that level?? thanks bro {image}
Hello xandi, the answer is yes.
After you found a dis-similarity and the price goes away from the point, then you open a order expecting the price will return that level.
Do you downloaded the right template for the monthly chart?
"In God we trust."
  • #1,357
  • Jul 11, 2013 6:01pm Jul 11, 2013 6:01pm
Quoting renanc93
{quote} Hello xandi, the answer is yes. After you found a dis-similarity and the price goes away from the point, then you open a order expecting the price will return that level. Do you downloaded the right template for the monthly chart?
Thank you. I think he used the wrong template, because the right one has no dis-similarity. I see only the previous dis-similarity corrected.
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  • #1,358
  • Jul 11, 2013 6:05pm Jul 11, 2013 6:05pm
Quoting Eurusdd
{quote} Thank you. I think he used the wrong template, because the right one has no dis-similarity. I see only the previous dis-similarity corrected.{image}
hmmmm..bro, you have the correct template with you? can you kindly uploaded it again? sorry&thanks..

btw, it only works for monthly?? and if I want to use this bollinger method on 15 minutes??
thanks for helping

ps: why did you circle blue on that spot? do you consider difference also the angle of the line? or you only use if itīs on the upper or lower band?
  • #1,359
  • Jul 11, 2013 6:07pm Jul 11, 2013 6:07pm
Quoting xandi
{quote} hmmmm..bro, you have the correct template with you? can you kindly uploaded it again? sorry&thanks.. btw, it only works for monthly?? and if I want to use this bollinger method on 15 minutes?? thanks for helping
No, I don't have it with me right now. for the 15min, the correct one is ggg.tpl, search for it on the thread. The 1month template is also on the thread. sorry.
  • #1,360
  • Jul 11, 2013 6:19pm Jul 11, 2013 6:19pm
Here they are:
At the post 125 (http://www.forexfactory.com/showthread.php?p=6785959#post6785959) the monthly template.
At the post 292 (http://www.forexfactory.com/showthread.php?p=6794790#post6794790) the 15M template.
"In God we trust."
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