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The similarity system

  • #3,001
  • Jul 18, 2013 7:07am Jul 18, 2013 7:07am
Nice play of the brokers. I could see price jump down more than 10 pips right on news time, just to kick in stop orders, and then 1 bar later there's stop hunting already...
  • #3,002
  • Jul 18, 2013 7:11am Jul 18, 2013 7:11am
to be honest, what we are doing here? playing a quiz...at the moment every trading-style is mixed up here
  • #3,003
  • Jul 18, 2013 7:13am Jul 18, 2013 7:13am
Quoting Forex Lion
to be honest, what we are doing here? playing a quiz...at the moment every trading-style is mixed up here

Perfectly well put. And the reason being.... ???
  • #3,004
  • Jul 18, 2013 7:13am Jul 18, 2013 7:13am
we are now trading dissimalarities/similarities zones WITH bb/zz confirmation OR bb/zz cross only?
Don't try to buy at the bottom or sell at the top Bernard Baruch
  • #3,005
  • Jul 18, 2013 7:18am Jul 18, 2013 7:18am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting fraud
we are now trading dissimalarities/similarities zones WITH bb/zz confirmation OR bb/zz cross only?
I would like to trade but at the moment the price is stuck...lol.

We are still finding our way here really. I few different things going on.
An expert is a man who has made all the mistakes which can be made
  • #3,006
  • Edited 7:35am Jul 18, 2013 7:20am | Edited 7:35am
Guys, is the red zone at the bottom of a chart still a target or has it been 'killed' due to it being too old. I forgot the expiry date EURUSD gave.

chart wont upload for some reason.
  • #3,007
  • Jul 18, 2013 7:23am Jul 18, 2013 7:23am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Initial testimony time was shifted 30 minutes later due to source rescheduling;
An expert is a man who has made all the mistakes which can be made
  • #3,008
  • Jul 18, 2013 7:24am Jul 18, 2013 7:24am
Guys, i don't know for you, but i feel like a child that can't do his homework...

Ouppsss... what will the MASTER say when he comes back ?
  • #3,009
  • Jul 18, 2013 7:26am Jul 18, 2013 7:26am

Quoting IFxRobot
Guys, i don't know for you, but i feel like a child that can't do his homework... Ouppsss... what will the MASTER say when he comes back ?
  • #3,010
  • Jul 18, 2013 7:27am Jul 18, 2013 7:27am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting angelofx
Guys, is the red zone at the bottom of a chart still a target or has it been 'killed' due to it being too old. I forgot the expiry date EURUSD gave.
Not sure if this still applies since the indicator was changed:

Quoting Eurusdd
REMEMBER For the 15min chart, optimal settings are 300(stoch) and 24(bb). A zone is supposed to close within 75 days with probability 0.97. However, that does not mean that you can'T use this because the mean is 15 days and this mean occurs with probability approximately 0.03. Some modes (high frequency) are 1, 2, 4,6 and 8 days. Therefore, we can expect most zones to close within a week. Anything beyond two weeks should be considered dead. PRICE-FLOW DYNAMICS Price will try to close as many zones as possible. It will also try to create fewer new...
An expert is a man who has made all the mistakes which can be made
  • #3,011
  • Jul 18, 2013 7:29am Jul 18, 2013 7:29am
Quoting IFxRobot
Guys, i don't know for you, but i feel like a child that can't do his homework... Ouppsss... what will the MASTER say when he comes back ?
Well, my whole family working as teachers, I dare to say it's not only up to the student...
On the other side this is a very unique technique, and our minds need time to adapt. And it apparently takes longer than expected...

Eurusdd is doing a great job trying to lead us, but somehow there are still gaps. For me at least.
  • #3,012
  • Jul 18, 2013 7:37am Jul 18, 2013 7:37am
This entire day has been a measly 50 pips range. Everything is waiting on Mr B. Even that down-move wasn't convincing enough. Limbo market.
A pip is only worth it if you know how much you risked to earn it
  • #3,013
  • Jul 18, 2013 7:50am Jul 18, 2013 7:50am
Dis- sim starting..
  • #3,014
  • Jul 18, 2013 7:51am Jul 18, 2013 7:51am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting lappies
Dis- sim starting..
Good spot..

So will the price be above or below when this zone closes?
An expert is a man who has made all the mistakes which can be made
  • #3,015
  • Jul 18, 2013 7:52am Jul 18, 2013 7:52am
Seems price is gonna aim for the big top zone, then come back and take out the bottom zones...
  • #3,016
  • Jul 18, 2013 7:53am Jul 18, 2013 7:53am
Quoting Neio
{quote} Good spot.. So will the price be above or below when this zone closes?
This is what I cannot figure out. If anybody has a pragmatic logic here, could you pleeeeeaase share it? I'm begging you.
  • #3,017
  • Jul 18, 2013 7:53am Jul 18, 2013 7:53am
We will have to see after this bar if price wants to go up or down..
  • #3,018
  • Jul 18, 2013 7:56am Jul 18, 2013 7:56am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting lappies
We will have to see after this bar if price wants to go up or down..
Well the bar that started the dissimilarity started low and finished high.

I thought this meant that the price will be below when this finished??? But I am not 100% sure on that.
An expert is a man who has made all the mistakes which can be made
  • #3,019
  • Jul 18, 2013 7:57am Jul 18, 2013 7:57am
Quoting Neio
{quote} Not sure if this still applies since the indicator was changed: {quote}

The red zone should still be active.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15min.png Size: 27 KB
  • #3,020
  • Jul 18, 2013 7:57am Jul 18, 2013 7:57am
Quoting Neio
{quote} Well the bar that started the dissimilarity started low and finished high.

We will have to wait and see if the next bars break the hi or low of this bar, hi - long bias, low - short bias, if I understand it correct.
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