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The similarity system

  • #2,101
  • Jul 15, 2013 12:57pm Jul 15, 2013 12:57pm
Quoting Eurusdd
3: Due to dis-similarity at A, a zone is expected to appear on the same line as the bar at A. That zone is C. 5: Price cannot go down because the zone at B will meet the zone at Cin the future and create a mess
Considering what you said earlier about resetting our plans whenever dissimilarity starts, can't we say that by point A candle "getting into" zone B, the mess was already there?

But anyway,
Even if you fall on your face, you're still moving forward.
  • #2,102
  • Jul 15, 2013 12:58pm Jul 15, 2013 12:58pm
Quoting angelofx
{quote} Committed to memory. But i don't quite understand point #5 can you clarify? and we don't have REVOLUTION not that i'm asking for it.

"Creating a mess" = overlapping zones!
Even if you fall on your face, you're still moving forward.
  • #2,103
  • Jul 15, 2013 12:58pm Jul 15, 2013 12:58pm
Quoting Eurusdd
A few days ago I made a BUY -CALL at 1.2894 and 3 minutes after the call, EURUSD went up: Let me show you one of the ways I did it. Similarity played her part in the following way: 1: There was an uncompleted zone at B 2: Dis-similarity started at A 3: Due to dis-similarity at A, a zone is expected to appear on the same line as the bar at A. That zone is C. 4: Price was Hugging 1.2894 at D, confused and quiet. 5: Price cannot go down because the zone at B will meet the zone at Cin the future and create a mess 6: The zone at E was also maturing....
Niiiice....
Here are some observations:

  1. You have an unmarked/undescribed feature like a moving average in blue, let's call it BL.
  2. At A, there is also a RED zone starting at a much earlier time. This overlaps C.
  3. BL acted as support (coincidence?) at A and also cuts through this red zone and another zone which is un-named.
  4. When BL left the upper price boundary of un-named zone, entering the red zone price flew up, completing zones B and E.
  5. Where B overlaps C in price will be a magnet for the future

Some food for thought! Ciao for now!

A pip is only worth it if you know how much you risked to earn it
  • #2,104
  • Jul 15, 2013 12:58pm Jul 15, 2013 12:58pm
9
  • #2,105
  • Jul 15, 2013 1:02pm Jul 15, 2013 1:02pm
Quoting Ralome
{quote} Considering what you said earlier about resetting our plans whenever dissimilarity starts, can't we say that by point A candle "getting into" zone B, the mess was already there? But anyway,
Yes, in a way. But the mean reason is that ZONE B is a maturing zone and Since the candle at A did not take out B, B was heading on a collision course with the zone expected at C. That probability of that happening is very small. It is all about probabilities!!! Notice also that the more price stayed quiet the smaller the gap will be.

There is more to it but that is why I said if you do your analysis well, you will win!
  • #2,106
  • Jul 15, 2013 1:30pm Jul 15, 2013 1:30pm
Quoting Ralome
{quote} "Creating a mess" = overlapping zones!
gotcha. Zones should not overlap or cross each other.
  • #2,107
  • Edited 1:51pm Jul 15, 2013 1:30pm | Edited 1:51pm
Quoting Eurusdd
A few days ago I made a BUY -CALL at 1.2894 and 3 minutes after the call, EURUSD went up: Let me show you one of the ways I did it. Similarity played her part in the following way: 1: There was an uncompleted zone at B 2: Dis-similarity started at A 3: Due to dis-similarity at A, a zone is expected to appear on the same line as the bar at A. That zone is C. 4: Price was Hugging 1.2894 at D, confused and quiet. 5: Price cannot go down because the zone at B will meet the zone at Cin the future and create a mess 6: The zone at E was also maturing....
I understand what it means. Zone B is there first before the A, and it is still valid for price to correct to, since it is no more than 1 week. Then dissimilarity A started and price complete it mission to arrive to zone B, and zone E as well due to strong buying at the moment (News). So in the end, dissimilarity is end and zone C is formed. So now, zone C is still valid and price must correct to. However, along the way to correct to zone C, big players out there (Across broker) create another zone at top of current price, that the reason why it is a mess now, indecision of price to move to top of zone or zone C.

Add: The set of candle at area A was supposed to go up, but it pull back. Therefore, it created the "expected" zone C after the dissimilarity A was end.
  • #2,108
  • Jul 15, 2013 1:54pm Jul 15, 2013 1:54pm
Maybe it's possible to add an alert to the already superb indy? If a new dissim candle has closed and the created future zone overlaps existing zones it will give a text alert or something. Dont know if its possible. Great work so far Ralome! And eurusdd, thanks for your insights.
  • #2,109
  • Jul 15, 2013 2:35pm Jul 15, 2013 2:35pm
the yellow one will be the next future zone...so price should take out the above green zone, after that he move through the yellow one and go down further to take out the blue one...this could be a logical move...maybe...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m15-excel-markets-3.png Size: 25 KB
  • #2,110
  • Jul 15, 2013 2:36pm Jul 15, 2013 2:36pm
Quoting Forex Lion
the yellow one will be the next future zone...so price should take out the above green zone, after that he move through the yellow one and go down further to take out the blue one...this could be a logical move...maybe... {image}

I agree with that. I have that yellow part marked on my graph
  • #2,111
  • Jul 15, 2013 2:42pm Jul 15, 2013 2:42pm
Quoting crottsinabox
{quote} I agree with that. I have that yellow part marked on my graph
at the moment the third attempt has started...
  • #2,112
  • Jul 15, 2013 2:46pm Jul 15, 2013 2:46pm
Hi all,

The last zone that runs through 1.3075x is not visible on my chart.
I have the correct settings, so im not really sure what's wrong now.
Every cent earned is one step closer to independence
  • #2,113
  • Jul 15, 2013 2:46pm Jul 15, 2013 2:46pm
Quoting Forex Lion
the yellow one will be the next future zone...so price should take out the above green zone, after that he move through the yellow one and go down further to take out the blue one...this could be a logical move...maybe... {image}

hi
I don't have this new dis-sim zone, the previous one still not ended. I think we have to use more brokers to get clear picture.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-prom15.png Size: 60 KB
  • #2,114
  • Jul 15, 2013 2:47pm Jul 15, 2013 2:47pm
Quoting Forex Lion
{quote} at the moment the third attempt has started...
I know it is driving me nuts. I want to wait to go short and ride te bigger move down but it just wont break that top of that box yet. 1-2 pips ugh
  • #2,115
  • Jul 15, 2013 2:50pm Jul 15, 2013 2:50pm
Quoting Anusragger
Maybe it's possible to add an alert to the already superb indy? If a new dissim candle has closed and the created future zone overlaps existing zones it will give a text alert or something. Dont know if its possible. Great work so far Ralome! And eurusdd, thanks for your insights.
Better idea for the indy: new dissim candle is closed. Now an empty zone is created which extends into the future. Now we can visualise any overlaps. When the dissim ends the zone gets filled. What do you think?
  • #2,116
  • Jul 15, 2013 2:50pm Jul 15, 2013 2:50pm
Quoting killerno
{quote} hi I don't have this new dis-sim zone, the previous one still not ended. I think we have to use more brokers to get clear picture. {image}

his yellow zone he drew was his one marker. The zone has not been marked by the indi yet because there is still dis-similarity on the chart. once that green dot/line appears, the new zone will also appear
  • #2,117
  • Jul 15, 2013 2:54pm Jul 15, 2013 2:54pm
Quoting killerno
{quote} hi I don't have this new dis-sim zone, the previous one still not ended. I think we have to use more brokers to get clear picture. {image}
yes, that's true we have a lot of different charts, someone with and someone without that zone.
I think after this hard fighting zone has been cleared we will have across broker sim again...
  • #2,118
  • Jul 15, 2013 2:57pm Jul 15, 2013 2:57pm
Quoting Anusragger
{quote} Better idea for the indy: new dissim candle is closed. Now an empty zone is created which extends into the future. Now we can visualise any overlaps. When the dissim ends the zone gets filled. What do you think?
a good idea!! the "future zone" could be a unfilled rectangular
  • #2,119
  • Jul 15, 2013 2:59pm Jul 15, 2013 2:59pm
Let me explain what is happening to EURUSD right now. If you have every played chess-titan before you should have noticed that there are different levels of difficulties. If you choose level 1, the computer takes very little time to calculate a move. But if you choose level 8, the computer can take up to 1min before it makes a move? Why? Level 8 means the program has to search deeper into the underlying tree for a move that will be good!
It also depends on the move you made. If you made a good one, then the program will take a longer time to ....

So, that is what we are seeing right now! EURUSD is faced with a problem and those who can move the market have to thread carefully. They have to find that path that will balance out so many components in the system!!! So, like I said, price is finding the right gradient and when she finds it, SHE WILL MOVE!!!!
  • #2,120
  • Jul 15, 2013 3:05pm Jul 15, 2013 3:05pm
Quoting Eurusdd
Let me explain what is happening to EURUSD right now. If you have every played chess-titan before you should have noticed that there are different levels of difficulties. If you choose level 1, the computer takes very little time to calculate a move. But if you choose level 8, the computer can take up to 1min before it makes a move? Why? Level 8 means the program has to search deeper into the underlying tree for a move that will be good! It also depends on the move you made. If you made a good one, then the program will take a longer time to .......
ok, so we play at level 8 at the moment...and we have to wait...
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