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The similarity system

  • #2,281
  • Jul 16, 2013 3:39am Jul 16, 2013 3:39am
Quoting Eurusdd
{quote} {image} For other, 1.3025 is the next possible zone. So, where will price be?
Yes, thanks Eurusdd, I see (almost) the same. On my chart the new box will be between 1.3073 and 1.3079. Theoretically...

This is my only issue with following this thread. Somehow my charts are always a bit different. And such small differences lead to big confusions in my head... I'm sure it's an issue on my end, but somehow I cannot overcome it.
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  • #2,282
  • Jul 16, 2013 3:41am Jul 16, 2013 3:41am
Quoting Eurusdd
A zone is expected to appear at 1.30715. Will price be above/below it?

It looks like our charts marked the start of dis-similarity in different places on the chart, that's why we have the next zone if a different area.
Yours started quite a few bars earlier.
  • #2,283
  • Jul 16, 2013 3:42am Jul 16, 2013 3:42am
Quoting lnorbi
{quote} Yes, thanks Eurusdd, I see (almost) the same. On my chart the new box will be between 1.3073 and 1.3079. Theoretically... This is my only issue with following this thread. Somehow my charts are always a bit different. And such small differences lead to big confusions in my head... I'm sure it's an issue on my end, but somehow I cannot overcome it. {image}
That should be expected. We are searching for mis-pricing and windows; therefore, little differences help.
But you should use another broker with your current one!
  • #2,284
  • Jul 16, 2013 3:43am Jul 16, 2013 3:43am
Quoting Eurusdd
The best way to know what price will do is : Start your analysis once dis-similarity starts. Mark the level where the zone is to appear and with a little thinking you will see the light!
I think the price should be at the opposite end of the zone in order to clear it.

In your example, Dissim (DS) starts and price goes into the zone (pre-print) but then it leaves.... allowing for Similarity to begin retracing back to equilibrium. In this case, price has risen above the pre-printed zone so once Similarity (SM) is confirmed it will go down.

  1. If the pre-printed or unconfirmed zone is above price, price will bottom or swing low and then travel up
  2. If the pre-printed or unconfirmed zone is below price, price will top or swing high and then travel up

How does that sound?

A pip is only worth it if you know how much you risked to earn it
  • #2,285
  • Jul 16, 2013 3:45am Jul 16, 2013 3:45am
Quoting Eurusdd
{quote} Always ask yourself : When a zone appears, will price cut it from above or below? If the answer is above, then check the bottom window for the end of dis-similarity. If you are right, price should be above the zone when it starts!!
You're typing too quickly for me to keep up! LOL
A pip is only worth it if you know how much you risked to earn it
  • #2,286
  • Jul 16, 2013 3:49am Jul 16, 2013 3:49am
Quoting vlady1974
Small long @ 3080
Closed in profit (using binary option)

Looking for that short but we're back at 64 which is a good support line. I think we're gonna see another spike for NYC open for the day's high - well, at least I'd like it to If it doesn't eyes are on 64 to short... I don't care what price it tops at. If it fails to take out 13099 again, then that cluster of prices should tell you that it is NOT the daily high yet.... remember, an extreme price (top/bottom) has space to the left, not a bunch of price bars.
A pip is only worth it if you know how much you risked to earn it
  • #2,287
  • Jul 16, 2013 3:54am Jul 16, 2013 3:54am
Omg...this thread is growing fast. It took 1 night jump another 10 pages +.

I got to take some time to read.
  • #2,288
  • Jul 16, 2013 3:54am Jul 16, 2013 3:54am
Quoting Eurusdd
{quote} {image} For other, 1.3025 is the next possible zone. So, where will price be?
The first top on the left says 1.3125ish... that would be a nice 100 pip drop if the new zones are 1.3025ish.

EDIT:
Wrong... I took a closer look, the pre-zone is pricing at about current price 3068!! That's 57-60 pips though... I'll still take it!
A pip is only worth it if you know how much you risked to earn it
  • #2,289
  • Jul 16, 2013 3:56am Jul 16, 2013 3:56am
Quoting Eurusdd
{quote} Always ask yourself : When a zone appears, will price cut it from above or below? If the answer is above, then check the bottom window for the end of dis-similarity. If you are right, price should be above the zone when it starts!!
If we look at the stoch position where the dissimilarity started, we get out clue of where the price will be in relation to the to=be-formed zone.
  • #2,290
  • Jul 16, 2013 3:59am Jul 16, 2013 3:59am
Attachment

Price will be above the new zone, it should go down to the blue zone, then come back and range a bit, then (probably during cpi news release) spike through the zone.

By doing that it will probably create a new zone, and will be trapped between the bottom and new zones.

(This is my first time posting a chart, hope it works!!)
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  • #2,291
  • Jul 16, 2013 3:59am Jul 16, 2013 3:59am
eurusd is preparing for a fall but until that dis-similarity ends, it is risky to starts selling heavy.
  • #2,292
  • Jul 16, 2013 4:02am Jul 16, 2013 4:02am
good morning,

i think we go for the lower one first...

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regards...

chriss
  • #2,293
  • Jul 16, 2013 4:03am Jul 16, 2013 4:03am
Quoting Eurusdd
{quote} Always ask yourself : When a zone appears, will price cut it from above or below? If the answer is above, then check the bottom window for the end of dis-similarity. If you are right, price should be above the zone when it starts!!
I think Shiva's got the right idea.

The new zone trigger occurred when stoch was at the top of the Bollinger Band. Therefore price will cancel out the zone from the top?
By inference, if stoch is at the bottom of the Bollinger band, price will cancel out the zone from the bottom?

Are we getting close?
A pip is only worth it if you know how much you risked to earn it
  • #2,294
  • Jul 16, 2013 4:05am Jul 16, 2013 4:05am
damn...more charts i see from you guys....most of them are different
of course mine is diff from all of you
  • #2,295
  • Edited 4:17am Jul 16, 2013 4:06am | Edited 4:17am
Quoting shiva
{quote} If we look at the stoch position where the dissimilarity started, we get out clue of where the price will be in relation to the to=be-formed zone.
Seems going up and down around where it started : 1.3075.


Sorry this is 1.3070 : look how price is attracted by this point.

Since first zone we hade one swing down, then a swing up, smaller, then a spike down, even shorter (one bar).

Now BOOM ?
  • #2,296
  • Jul 16, 2013 4:09am Jul 16, 2013 4:09am
Now it seems to me that each one of us are looking at different charts...
I launched a demo acct at another broker, which shows somehow similar picture than my live acct, although there is one additional zone, which naturally changes the whole picture.

I had an idea to tweak the similarity threshold in Ralome's excellent indie, to be a parameter instead of fixed 0.0001, so maybe we can decrease the sensitivity a bit, to have more aligned charts. What do you think about it?
  • #2,297
  • Jul 16, 2013 4:09am Jul 16, 2013 4:09am
Quoting Eurusdd
There is a secret encoded on your 15min similarity chart. Whoever can spot it will cry just like I did the first time I saw it. You will see that this whole thing is not random but psuedo-random or even deterministic. It is a law that works all the time. it occurs from start of dis-similarity to end of dis-similarity. Anyone who sees it should pm me. Price of $3,000 in sept for the winner. Bye.
WTB extra brain power and visualisation ability. Not for the prize though, what you've already shared can be potentially life changing already I just develop a burning desire to figure stuff out after coming to thread
I want more brain power!
  • #2,298
  • Jul 16, 2013 4:09am Jul 16, 2013 4:09am
Quoting IFxRobot
{quote} Seems going up and down around where it started : 1.3075.
I have placed a small binary option long there (@72) with expiry in 20 minutes. Let's see if she goes north. Price rejection at Daily Pivot is encouraging.
A pip is only worth it if you know how much you risked to earn it
  • #2,299
  • Jul 16, 2013 4:12am Jul 16, 2013 4:12am
Quoting Eurusdd
All of you should try and solve the following problem!! Price is on the line where the next zone is expected to occur. Now when the zone appears, do you expect price to be below it or above it. That will solve your dilemma.

The price should be above the next dissimilarity zone, that would allow it to close it on its way to closing the lower zones without leaving "unfinished business" above. A path of least resistance.
  • #2,300
  • Jul 16, 2013 4:13am Jul 16, 2013 4:13am
Quoting vlady1974
{quote} I think Shiva's got the right idea. The new zone trigger occurred when stoch was at the top of the Bollinger Band. Therefore price will cancel out the zone from the top? By inference, if stoch is at the bottom of the Bollinger band, price will cancel out the zone from the bottom? Are we getting close?
if I look back in the chart, it looks like the other way...if stoch was on top of bollinger...price will break from the bottom and vice versa
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