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The similarity system

  • #2,641
  • Jul 17, 2013 8:52am Jul 17, 2013 8:52am
have if I understand correctly, in the areas of dis-similarity, we look at the bar that marks the beginning of dis-similarity, and observe the next bar, if you break up bought a few pips, and if it breaks down pips sell . is that true?. the operation in similarity understand it, but the exact point of entry is where I have the doubt
  • #2,642
  • Jul 17, 2013 8:54am Jul 17, 2013 8:54am
Quoting Eurusdd
I will leave you to decide that! later.
At least I have something to work on. A little hint on my analysis earlier in % of correctness is all I ask if you're willing
I want more brain power!
  • #2,643
  • Jul 17, 2013 8:55am Jul 17, 2013 8:55am
Pay attention to the answer I expected from you yesterday!
  • #2,644
  • Jul 17, 2013 8:57am Jul 17, 2013 8:57am
Quoting cfdtaleong
{quote} At least I have something to work on. A little hint on my analysis earlier in % of correctness is all I ask if you're willing

From my understanding, it's like dis-similarity bar breakout method. Price breaks high of bar (buy), price breaks low of bar (sell).

If that is correct.
  • #2,645
  • Jul 17, 2013 8:58am Jul 17, 2013 8:58am
Quoting Eurusdd
Pay attention to the answer I expected from you yesterday!
Ok HOMEWORK TIME!
I want more brain power!
  • #2,646
  • Jul 17, 2013 8:59am Jul 17, 2013 8:59am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Madmoney
{quote} From my understanding, it's like dis-similarity bar breakout method. Price breaks high of bar (buy), price breaks low of bar (sell). If that is correct.
And the facts we know about where the price will be once the zone completes gives us a BIAS?
An expert is a man who has made all the mistakes which can be made
  • #2,647
  • Jul 17, 2013 9:03am Jul 17, 2013 9:03am
On my chart, start of dis-similarity is Green bar and end of dis-similarity is Red bar! Within that region mark the high and the low. Now after dis-similarity ends, there will usually be a little gap before dis-similarity begins again!!!

On the 15min eurusd chart, there is 95%+ chance that during the wait, the 1EMA will not break the high/low of the previous area. On my charts, I marked those wait-areas with a blue rectangle!!!

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  • #2,648
  • Jul 17, 2013 9:03am Jul 17, 2013 9:03am
Quoting Neio
{quote} And the facts we know about where the price will be once the zone completes gives us a BIAS?
That would be an advantage.
  • #2,649
  • Jul 17, 2013 9:04am Jul 17, 2013 9:04am
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  • #2,650
  • Jul 17, 2013 9:06am Jul 17, 2013 9:06am
Quoting Madmoney
{quote} From my understanding, it's like dis-similarity bar breakout method. Price breaks high of bar (buy), price breaks low of bar (sell). If that is correct.
Yeah, this can be correct.
But whether the breakout was on the low / high does not correlate with whether the zone will be cleared from below/above.
Just look at that long zone from the 15th. Price broke below, went down, than went above the dissim zone (before it actually appeared!!) and now it's pretty much above, and zone is not yet cleared but visible already. So price will for sure clear it from above.
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  • #2,651
  • Jul 17, 2013 9:07am Jul 17, 2013 9:07am
Quoting juhanimi
{quote} i use this template for now, for over 20 pairs, and there is good things, almost every one is a winner http://www.forexfactory.com/showthread.php?p=6790136#post6790136 {image}

Great but i don"t see any dissimilarity... what are you using ? ZZ + BB top / bottom ?
  • #2,652
  • Jul 17, 2013 9:08am Jul 17, 2013 9:08am
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  • #2,653
  • Jul 17, 2013 9:09am Jul 17, 2013 9:09am
Quoting lnorbi
{quote} Yeah, this can be correct. But whether the breakout was on the low / high does not correlate with whether the zone will be cleared from below/above. Just look at that long zone from the 15th. Price broke below, went down, than went above the dissim zone (before it actually appeared!!) and now it's pretty much above, and zone is not yet cleared but visible already. So price will for sure clear it from above. {image}
I thought we were talking about trading away from dis-sim zones.
  • #2,654
  • Jul 17, 2013 9:11am Jul 17, 2013 9:11am
The current one!
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  • #2,655
  • Jul 17, 2013 9:11am Jul 17, 2013 9:11am
Quoting Eurusdd
On my chart, start of dis-similarity is Green bar and end of dis-similarity is Red bar! Within that region mark the high and the low. Now after dis-similarity ends, there will usually be a little gap before dis-similarity begins again!!! On the 15min eurusd chart, there is 95%+ chance that during the wait, the 1EMA will not break the high/low of the previous area. On my charts, I marked those wait-areas with a blue rectangle!!! {image}
According to the rules, that little gap is overall like 97% of the market time, isn't it? At least that was my understanding previously.
  • #2,656
  • Jul 17, 2013 9:12am Jul 17, 2013 9:12am
Quoting Eurusdd
On my chart, start of dis-similarity is Green bar and end of dis-similarity is Red bar! Within that region mark the high and the low. Now after dis-similarity ends, there will usually be a little gap before dis-similarity begins again!!! On the 15min eurusd chart, there is 95%+ chance that during the wait, the 1EMA will not break the high/low of the previous area. On my charts, I marked those wait-areas with a blue rectangle!!! {image}
Ah ?
  • #2,657
  • Jul 17, 2013 9:12am Jul 17, 2013 9:12am
Quoting Eurusdd
right now, we need to analyze what price does in relation to the high/low of the bar. I if she breaks high/low we can buy/sell and place a sell-stop/buy-stop somewhere inside the bar or at the high/low. I don't use stop-loss so I cannot help you .....
This sounds like the best option, it's a classic Breakout Strategy:

a) Dissimilarity bar is identified as DS
b) Ignore or
c) i - put a buy a few pips above DS High
ii - put a short a few pips below DS Low
d) if using SL, could use MID or opposite end value... ie. use Low for Long stop or Hi for short stop.

But ideally you would rather we didnt trade and waited for price to come out of the Dissim Zone.
A pip is only worth it if you know how much you risked to earn it
  • #2,658
  • Jul 17, 2013 9:13am Jul 17, 2013 9:13am
Dr. Bernanke has spoken and he says he is really a whisky man. Other than that how is everyone?

Neio great big thanks to you buddy
  • #2,659
  • Jul 17, 2013 9:13am Jul 17, 2013 9:13am
eurusdd, you may repeat it to operate in the dis-similarity bar?.
I did not understand very well
  • #2,660
  • Jul 17, 2013 9:14am Jul 17, 2013 9:14am
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