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The similarity system

  • #2,661
  • Jul 17, 2013 9:16am Jul 17, 2013 9:16am
Quoting lnorbi
{quote} 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.
We are using radome's indicator for this. The analysis I did - is for this indicator
  • #2,662
  • Jul 17, 2013 9:29am Jul 17, 2013 9:29am
Quoting vlady1974
{quote} 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.
I said Price will be below the zone.... incorrect... I forgot that the zone I was referring to hasn't materialised yet. Eurusdd is referring to the one confirmed early this morning during Asian session. Therefore, current price is ABOVE it.
A pip is only worth it if you know how much you risked to earn it
  • #2,663
  • Jul 17, 2013 9:34am Jul 17, 2013 9:34am
Quoting vlady1974
{quote} I said Price will be below the zone.... incorrect... I forgot that the zone I was referring to hasn't materialised yet. Eurusdd is referring to the one confirmed early this morning during Asian session. Therefore, current price is ABOVE it.
No. We are referring to the zone which we are expecting. Once dis-similarity starts, we need to find out if price will be above/below the zone when it appears.
  • #2,664
  • Jul 17, 2013 9:38am Jul 17, 2013 9:38am
Bernanke must have farted look at EURUSD and gold race to the bottom lol
  • #2,665
  • Jul 17, 2013 9:38am Jul 17, 2013 9:38am
Quoting vlady1974
{quote} I said Price will be below the zone.... incorrect... I forgot that the zone I was referring to hasn't materialised yet. Eurusdd is referring to the one confirmed early this morning during Asian session. Therefore, current price is ABOVE it.
But it would really be interesting to know where price will be in reference to the zone that is currently forming. And I believe Eurusdd referred to this new zone.
  • #2,666
  • Jul 17, 2013 9:38am Jul 17, 2013 9:38am
Quoting Eurusdd
{quote} No. We are referring to the zone which we are expecting. Once dis-similarity starts, we need to find out if price will be above/below the zone when it appears.
LOL... i'm getting confused. Sorry. For the zone that has just started because of Dis-Similarity, because we are in it ....whoop! there it goes... now we are not! We are below it
A pip is only worth it if you know how much you risked to earn it
  • #2,667
  • Jul 17, 2013 9:39am Jul 17, 2013 9:39am
We are Borg, all your zones are belong to us!
  • #2,668
  • Jul 17, 2013 9:39am Jul 17, 2013 9:39am
Wow!!

Tx for this info Eurusdd!! Now we have some great tools to predict what price might do next, using these boundaries will be of GREAT help

All the best.
  • #2,669
  • Jul 17, 2013 9:39am Jul 17, 2013 9:39am
This new dis-similarity could put pressure on price downward.
  • #2,670
  • Jul 17, 2013 9:43am Jul 17, 2013 9:43am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
This new dis-similarity could put pressure on price downward.
My demo account is looking a lot healthier again...lol
An expert is a man who has made all the mistakes which can be made
  • #2,671
  • Jul 17, 2013 9:43am Jul 17, 2013 9:43am
MOST zones are ALLOWED to grow to a reasonable length. Therefore, once dis-similarity starts at a given bar - analyze the chart and other zones and ask try and figure out where price will be relative to the zone when it materializes.
  • #2,672
  • Edited 2:19pm Jul 17, 2013 9:45am | Edited 2:19pm
Quoting lnorbi
{quote} But it would really be interesting to know where price will be in reference to the zone that is currently forming. And I believe Eurusdd referred to this new zone.

Boom... what a great day for shorts!

Um... my simplistic view on this was that the current Zone being created wouldn't be cancelled before the previous one was.
Therefore as of London Open, I was looking to buy at ZZ Low until a new ZZ Top formed... which it did. I shorted and my target was the previous Zone at 307x.

Whilst all this was going on, the new DS started.... but we would be below it cancelling out the previous zone.
A pip is only worth it if you know how much you risked to earn it
  • #2,673
  • Jul 17, 2013 9:46am Jul 17, 2013 9:46am
30687 should be correct?
  • #2,674
  • Jul 17, 2013 9:49am Jul 17, 2013 9:49am
Quoting Eurusdd
MOST zones are ALLOWED to grow to a reasonable length. Therefore, once dis-similarity starts at a given bar - analyze the chart and other zones and ask try and figure out where price will be relative to the zone when it materializes.
OK so 1.30789 is the only zone in here that price can go to at the moment.
  • #2,675
  • Jul 17, 2013 9:56am Jul 17, 2013 9:56am
I think we are going below 1.29945.
The new zone we are expecting has a lot of weight.

Price will take a zigzag path down there.
  • #2,676
  • Jul 17, 2013 9:58am Jul 17, 2013 9:58am
To the maker of the StochDiffZones. It appears you have a BIG bug on your alerts. Set your show first dissimilarity zone to true right now on the EJ M15, and watch what happens! Can you fix that? Basically it is firing an alert on every tick!

Fix that, and you have something serious here.

I think something went wrong here. A new zone appeared, and then an outside bar which took out the high of the zone, so basically you got a two bar zone.

Was that your intent?
Attached Image (click to enlarge)
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If you are good at something, never do it for free--Joker
  • #2,677
  • Jul 17, 2013 9:59am Jul 17, 2013 9:59am
Its a battle to break or keep 1.3100
  • #2,678
  • Jul 17, 2013 9:59am Jul 17, 2013 9:59am
Quoting Eurusdd
I think we are going below 1.29945. The new zone we are expecting has a lot of weight.
I'm bearish already with +40 pips, vice versa on USDCHF.
  • #2,679
  • Jul 17, 2013 10:01am Jul 17, 2013 10:01am
Hi All,

I had pending order for buy and sell @ dissimilarity eauaud. buy order was materialize - 7 pips up. Trying to hedge.... let see what happen....
Eurusdd - is it the right thing to do? please guide.
Attached Image (click to enlarge)
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  • #2,680
  • Jul 17, 2013 10:01am Jul 17, 2013 10:01am
Quoting Madmoney
{quote} I'm bearish already with +40 pips, vice versa on USDCHF.
price will zigzag on its way, so manage your profits.
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