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The similarity system

  • #2,041
  • Jul 15, 2013 11:06am Jul 15, 2013 11:06am
Now we all have same charts!!!
  • #2,042
  • Jul 15, 2013 11:07am Jul 15, 2013 11:07am
Boom!
A pip is only worth it if you know how much you risked to earn it
  • #2,043
  • Jul 15, 2013 11:08am Jul 15, 2013 11:08am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
Now we all have same charts!!!
That was quick. Now can we get on with the business of going down please...lol
An expert is a man who has made all the mistakes which can be made
  • #2,044
  • Jul 15, 2013 11:10am Jul 15, 2013 11:10am
Quoting Eurusdd
{quote} Generally, and THIS IS VERY IMPORTANT: All markets must agree eventually, therefore EURUSD will most likely take out the zone on top so that all charts can agree eventually. Mis-pricings must be corrected!!!
Yes sir! Happening right now on my chess board
I want more brain power!
  • #2,045
  • Jul 15, 2013 11:10am Jul 15, 2013 11:10am
Quoting vlady1974
{quote} Put in a small long on EU @ 39
Out @ 75 = 36 pips. Nice. 5 pip SL.
A pip is only worth it if you know how much you risked to earn it
  • #2,046
  • Jul 15, 2013 11:10am Jul 15, 2013 11:10am
It is testing the box right now

Man I have looked at the ZZ/Stoch/BB method over and over and over and I still can't seem to get the hang of it. I am still trying to develop a short term/day trading strategy. I understand the rules of the ZZstochBB but every time I look at the past legs on the chart it I start to get lost. It seems like once the ZZ repaints, I am already behind the price
  • #2,047
  • Jul 15, 2013 11:12am Jul 15, 2013 11:12am
Quoting Eurusdd
Now we all have same charts!!!
my zone have not been taken completly, and I do not have sim... see pic.

what does that mean?

Should we as a group with different brokers, always check our charts to know if there is a sim across the brokers too?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m15-excel-markets.png Size: 49 KB
  • #2,048
  • Jul 15, 2013 11:12am Jul 15, 2013 11:12am
Quoting crottsinabox
It is testing the box right now Man I have looked at the ZZ/Stoch/BB method over and over and over and I still can't seem to get the hang of it. I am still trying to develop a short term/day trading strategy. I understand the rules of the ZZstochBB but every time I look at the past legs on the chart it I start to get lost. It seems like once the ZZ repaints, I am already behind the price
Post a chart dude. Let's see what you're seeing (or not seeing)
A pip is only worth it if you know how much you risked to earn it
  • #2,049
  • Jul 15, 2013 11:13am Jul 15, 2013 11:13am
Quoting vlady1974
{quote} Out @ 75 = 36 pips. Nice. 5 pip SL.
Vlad the Bad!
  • #2,050
  • Jul 15, 2013 11:13am Jul 15, 2013 11:13am
Quoting Neio
{quote} That was quick. Now can we get on with the business of going down please...lol
Wait: not exact time yet!
  • #2,051
  • Jul 15, 2013 11:13am Jul 15, 2013 11:13am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting vlady1974
{quote} Out @ 75 = 36 pips. Nice. 5 pip SL.
Nice work!
An expert is a man who has made all the mistakes which can be made
  • #2,052
  • Jul 15, 2013 11:14am Jul 15, 2013 11:14am
Quoting Forex Lion
{quote} my zone have not been taken completly, and I do not have sim... see pic. what does that mean? Should we as a group with different brokers, always check our charts to know if there is a sim across the brokers too? {image}

my chart looks like that. I am using FXCM by the way
  • #2,053
  • Jul 15, 2013 11:15am Jul 15, 2013 11:15am
Quoting crottsinabox
{quote} my chart looks like that. I am using FXCM by the way
I am using Excel Markets
  • #2,054
  • Jul 15, 2013 11:16am Jul 15, 2013 11:16am
Quoting vlady1974
{quote} That sir, is the bomb! Let me get this straight.... can you actually run MT4 from DropBox? Or do you still USB the executables but have the data on DBox?
If you use DropBox, you dont need the USB...
  • #2,055
  • Jul 15, 2013 11:16am Jul 15, 2013 11:16am
Quoting Forex Lion
{quote} my zone have not been taken completly, and I do not have sim... see pic. what does that mean? Should we as a group with different brokers, always check our charts to know if there is a sim across the brokers too? {image}
The high of your candle reached the price. What is this chart of, 15M or 1H?
A pip is only worth it if you know how much you risked to earn it
  • #2,056
  • Jul 15, 2013 11:18am Jul 15, 2013 11:18am
Quoting Eurusdd
{quote} Wait: not exact time yet!
Yes I get it similarity not yet there no new trend till similarity is achieved there will be another push.
I want more brain power!
  • #2,057
  • Jul 15, 2013 11:19am Jul 15, 2013 11:19am
Quoting vlady1974
{quote} The high of your candle reached the price. What is this chart of, 15M or 1H?
it is 15 min...the question is, does the zone needs to be taken out complete, or is it ok, if the zone has been touched?
Also the dis sim on my chart has not been finished until now
  • #2,058
  • Jul 15, 2013 11:19am Jul 15, 2013 11:19am
the high of my candle did not reach the top of the box. When we talk about reaching similarity across brokers, must the price be exact or can it be off even a bit?

The high of my candle was 3 pips shy of the top of the zone
  • #2,059
  • Jul 15, 2013 11:22am Jul 15, 2013 11:22am
Guys, no shorts yet.
Someone watch the ZZ and Bolinger for a signal. We want a fakey (price touches upper BB)... or a confirmed Zig.
ONLY AFTER look for a trade entry, not before. You don't want to get whipsawed.

EDIT:
Chart to show what I mean... plus Elliot Wave count to show another possible reason why one more move higher for a fakey or end of cycle.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 120 KB
A pip is only worth it if you know how much you risked to earn it
  • #2,060
  • Jul 15, 2013 11:23am Jul 15, 2013 11:23am
Each time a new dis-similarity starts, there is a road-block in front of price. That new road-block is added to the data we have and best paths estimated! So, there is a massive number-crunching job on this stuff!

Take you time and very soon, it will be easy!
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