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The similarity system

  • #2,601
  • Jul 17, 2013 7:56am Jul 17, 2013 7:56am
Quoting lnorbi
{quote} Sure, here you go. {image}
A pip is only worth it if you know how much you risked to earn it
  • #2,602
  • Jul 17, 2013 7:57am Jul 17, 2013 7:57am
Quoting lnorbi
On my chart another dissimilarity started. Can anybody else confirm this?

On Trader's Way too
My name is Martin... Martin Gale
  • #2,603
  • Jul 17, 2013 8:00am Jul 17, 2013 8:00am
Quoting lnorbi
{quote} Sure, here you go. {image}
Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
  • #2,604
  • Jul 17, 2013 8:03am Jul 17, 2013 8:03am
Quoting lnorbi
{quote} Sure, here you go. {image}
More ramblings sorry need a place for my thoughts.....thank you for accommodating

Went long because 1) Price almost always move in the direction of dissimilarity start. 2)Price is below the zone above and was also below when the zone 1st formed providing attraction for price to move up and clear it from below 3)if I can figure where price should be when the new zone paints and assuming it is above then i'll have even more reason to long
I want more brain power!
  • #2,605
  • Jul 17, 2013 8:04am Jul 17, 2013 8:04am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
I'm still missing that piece but i'm close yes?
I want more brain power!
  • #2,606
  • Jul 17, 2013 8:04am Jul 17, 2013 8:04am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
Above no?
  • #2,607
  • Jul 17, 2013 8:06am Jul 17, 2013 8:06am
Looking at my chart with the naked eye I do not see a disimilarity starting. I'm on FX Pro, although Ralome's indi suggests there is one on another chart I have.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15 0715b.png Size: 48 KB
Keep smiling
  • #2,608
  • Jul 17, 2013 8:06am Jul 17, 2013 8:06am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!

???
  • #2,609
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
Price will be below the zone. It will be below because it will be clearing out the lower zones maturing. When this completes, it will be ready to shoot back up to clear this one 3130-3160

EDIT:
I will also add that the spike that caused the Dissim (DS) will be a ZZ Top and so I expect price to move down.
A pip is only worth it if you know how much you risked to earn it
  • #2,610
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
I say BELOW because the candle that created the dissimilarity started low and finished high. I think this was the opposite of what happened on the previous zone. Just my thoughts not entirely sure.
An expert is a man who has made all the mistakes which can be made
  • #2,611
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
I also go for above.
Even if you fall on your face, you're still moving forward.
  • #2,612
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
Quoting Eurusdd
{quote} Ask youself this question: Where will price be when the big new zone starts? Above it or below it? That is the key!!!!
I'm asking, but my problem is that I cannot answer. I know this would be one of the keys, and it might be just my ignorance. But quite frankly, I don't have a clue.
This dissim started with a huge up spike, before that market was almost ranging (on short term), or in a delicate uptrend (based on ZZ/BB). Currently it's kinda' ranging within the highs/lows of that spike candle. There are one fresh and two older zones below, and one rather old above. Theoretically, we should consider this as dead.

I know I should figure this out myself, otherwise I will not learn it, but would you try to lead me a bit, please?
What am I missing?
  • #2,613
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
If price is under this new zone when it starts then it will most likely go to those down there too because the bar when the current dis-similarity started is quite long.
  • #2,614
  • Jul 17, 2013 8:11am Jul 17, 2013 8:11am
To be frank: Ralome's indicator does not show true dis-similarity but what I will call pseudo dis-similarity. I think we will have to modified the way the indicator identifies dis-similarities in the future. This is very important.. However, it is the best indicator we have so far.
  • #2,615
  • Jul 17, 2013 8:16am Jul 17, 2013 8:16am
Even so I still missing something to complete the strategy. It is clear that if a dis-similarity, the more likely you are correct, but as I said above, you have to know when to initiate operation, in that middle ground is to be supported to reach correct the dis-similarity.
Something I overlook
  • #2,616
  • Jul 17, 2013 8:18am Jul 17, 2013 8:18am
Most of you should not be trading correction of dis-similarities because l said this is for the big-boys. They have the patience and huge money to manage their trades.
what you should do is :
  • #2,617
  • Jul 17, 2013 8:20am Jul 17, 2013 8:20am
Would one of you chaps mind posting the dis-similarity on a BB/Stoch chart. I can't see it on mine, looks perfect to me. Maybe I need new glasses
Keep smiling
  • #2,618
  • Jul 17, 2013 8:23am Jul 17, 2013 8:23am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Misterdaz
Would one of you chaps mind posting the dis-similarity on a BB/Stoch chart. I can't see it on mine, looks perfect to me. Maybe I need new glasses
Here you go...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled2.png Size: 62 KB
An expert is a man who has made all the mistakes which can be made
  • #2,619
  • Jul 17, 2013 8:24am Jul 17, 2013 8:24am
What should we do eurusdd??. As we use the fractal dimensional analysis for greater accuracy. One clue to paddle in the right direction.
Anyway thank you very much because it really is a very effective way to operate but at least I, the operating margin is much smaller than a financial institution.
thank you very much
  • #2,620
  • Jul 17, 2013 8:26am Jul 17, 2013 8:26am
according to Ralome's indicator, most zones are allowed to grow. That means that price doesn't kill zones as soon at they start!!! Therefore, if you study the portion where a zone is expected to occur - relative to other zones, you can tell if price will be above/below that zone when it finally appears! Most zones act as support/resistance areas.
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