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The similarity system

  • #3,141
  • Jul 18, 2013 7:34pm Jul 18, 2013 7:34pm
Quoting Eurusdd
{quote} 1.31583. sorry. There is a technical problem there and for purely technical reasons - not fundamentals - price can run there.
Hi Eurusdd,

Thank you for your nice work and willing to share. I still do not understand, do you mean, if there is a "fundamentals" effect, so the target 1.31583 can not be reached ?
  • #3,142
  • Jul 18, 2013 7:49pm Jul 18, 2013 7:49pm
Quoting cfdtaleong
{quote} I think we are getting close......let me put both ideas together and think it through. Your input has been invaluable {image} I would have planned my trades the same way on the circled part. In this case you planned it such because the blue zone was the only valid target, it was an "incentive" for price to move that way if can phrase it in such a way. Do correct if I'm wrong. I planned mine the same way because I felt price had "no choice" but to go there. Two thoughts one result we have DS and S across traders!!! ...
Another rambling sorry my brain is really going overdrive right know and I don't want to waste the momentum. Please understand I'm not insisting I am right I just want to put forth for discussion so we all have progress.

My "theory" for the born and unborn as S/R is likely only valid if current PA is between them.

My suggestion for why the unborn/pregnancy on the left of chart failed as S/R is below, but they based on the assumption that there is no zone below. So if there is no zone below then...

1)PA is not between a born and unborn thus the unborn cannot serve as S/R
2)The way PA is going has already created a DS and if it keep going that way it eventually create another zone.What this means is that PA would have made move that created a DS without correcting any! This would go against the logic presented by Eurusdd that price have to move in such a way to correct DS while creating as little new ones as possible.
3)Base on the 2 points above price will have to force itself through that unborn explaining the move.

Thank very much. I would never help reach this spectrum of thought without you
I want more brain power!
  • #3,143
  • Jul 18, 2013 7:52pm Jul 18, 2013 7:52pm
The price is going down now .... May be i have misunderstood the moving trend ? Will it going down, or it's the time now to buy, and the price will go to 1.31583 ???

There is a dis-similarity at M5 TF. The price is in the light blue support zone. Pls some one can explain, if the price break through the bottom area of the light blue box, the price will go down ? or the box is still as support area, and will not become a resistance area ?
  • #3,144
  • Jul 18, 2013 8:54pm Jul 18, 2013 8:54pm
As Eurusdd said, the most probability target for price correcting is 1.31583.
And we thinking after that correction price may fall down. Looking on other system, we can see that on 1H and 4H price value 1.31580 (see green line) will reach overbought zone and then it may fall down as we expecting
But it's Forex and all is possibly
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Don't try to buy at the bottom or sell at the top Bernard Baruch
  • #3,145
  • Jul 18, 2013 9:01pm Jul 18, 2013 9:01pm
As predicted.... similarity started at 1:45 am GMT

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Please pull my head out of my ass, I am running out of oxygen...
  • #3,146
  • Jul 18, 2013 9:31pm Jul 18, 2013 9:31pm
Quoting PiPtHiEf
As predicted.... similarity started at 1:45 am GMT {image}
Congrats! That was extremely accurate
  • #3,147
  • Jul 18, 2013 9:35pm Jul 18, 2013 9:35pm
Quoting PiPtHiEf
As predicted.... similarity started at 1:45 am GMT {image}
PERFECTION!
  • #3,148
  • Jul 18, 2013 9:44pm Jul 18, 2013 9:44pm


Note to self: work on indicator.... For now, time to hit the sack
Please pull my head out of my ass, I am running out of oxygen...
  • #3,149
  • Jul 18, 2013 9:45pm Jul 18, 2013 9:45pm
Quoting PiPtHiEf
As predicted.... similarity started at 1:45 am GMT {image}

I am on the same track as you as far as analyzing the 'why' of this. You are spot on and I would like to add a few things that should bring the rest of it to light. WARNING: THIS IS COMPLICATED AND WILL PUT YOU TO SLEEP BUT IT PROVES OUT.

Not only can you tell exactly when the DS will begin, you can, with a fair degree of accuracy tell which way price is going to go during the DS and after.

Here's how:

1. Since the stoch range is determined by the lowest and highest price (just find them with the ZZ swings) during the past 300 bars, you just have to count the number of bars from 300 to the top or bottom of the highest high or lowest low.

If it's a swing low dropping out of the 300, then the stoch range will be adjusted upward causing the stoch to drop more than price on the BB creating the DS.

It appears that a DS can only be created when the highest high or lowest swing drops out of the 300 bar range.

When the stoch drops and price doesn't then we know the stoch will always play catch up to price. Thus we go long. This would imply that as a swing lowest is dropping out of the 300 bar range then we can trade long during that DS.

Guess what, since swings alternate UP and DOWN, that's why the zones alternate up and down...THEY ARE CREATED BY THE SWINGS DROPPING OUT OF THE STOCH CALCS!!!! So they HAVE to make a zig zag pattern.

I see where the fractal dimensions come into play here. This occurs on EVERY time frame and creates an intricate pattern of ups and downs and zones projected into the future on the chart.

Look at my screen shot proving this

I know everyone recalls the massive 170 bar DS recently with the massive spike. Just look 300 bars back and the massive swing low that was dropping out of the 300 bar range. Once price rising got even with the rest of the swing lows the spike on the stoch diff dropped back to normal ranges for the rest of the DS.

I'm very close to putting this all together in my head.
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  • #3,150
  • Edited 10:05pm Jul 18, 2013 9:45pm | Edited 10:05pm
There is a TECHNICAL-PROBLEM AT 1.31583!
So you can see the EURUSD is correcting a purely-technical-problem.
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NOTICE that I bought exactly at the area close to 1.3082!!! That is the key number I provided earlier before the FAKE fall during the day.

I closed this trade @1.31450.
  • #3,151
  • Jul 18, 2013 9:55pm Jul 18, 2013 9:55pm
Quoting FXWrangler
{quote} I am on the same track as you as far as analyzing the 'why' of this. You are spot on and I would like to add a few things that should bring the rest of it to light. WARNING: THIS IS COMPLICATED AND WILL PUT YOU TO SLEEP BUT IT PROVES OUT {image}
There are two reasons why I will leave your post alone and read tomorrow...


1- I am real tired and chances are I won't grasp it.

2- If by chance my grey matter gets it together, it could be too exciting to sleep


I'll be away from the computer most of Friday, Saturday and Sunday. I will have to play catch up big time in the evenings and this thread runs at the speed of light. Hopefully you guys won't be gone selecting the color scheme of your new jet by the time I make it back.
Please pull my head out of my ass, I am running out of oxygen...
  • #3,152
  • Jul 18, 2013 9:56pm Jul 18, 2013 9:56pm
Quoting Eurusdd
There is a TECHNICAL-PROBLEM AT 1.31583! So you can see the EURUSD is correcting a purely-technical-problem.{image}
There is no ZZ swing high on that area, thus it isn't a level to create a DS from. it won't create a zone.
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  • #3,153
  • Jul 18, 2013 10:06pm Jul 18, 2013 10:06pm
Quoting Eurusdd
There is a TECHNICAL-PROBLEM AT 1.31583! So you can see the EURUSD is correcting a purely-technical-problem.{image} {image}
Uncanny!
  • #3,154
  • Jul 18, 2013 10:08pm Jul 18, 2013 10:08pm
Eurusdd (http://www.forexfactory.com/eurusdd) You are god in EURUSD
  • #3,155
  • Jul 18, 2013 10:09pm Jul 18, 2013 10:09pm
Quoting PiPtHiEf
{quote} There are two reasons why I will leave your post alone and read tomorrow... 1- I am real tired and chances are I won't grasp it. 2- If by chance my grey matter gets it together, it could be too exciting to sleep I'll be away from the computer most of Friday, Saturday and Sunday. I will have to play catch up big time in the evenings and this thread runs at the speed of light. Hopefully you guys won't be gone selecting the color scheme of your new jet by the time I make it back.
  • #3,156
  • Jul 18, 2013 10:31pm Jul 18, 2013 10:31pm
Quoting FXWrangler
{quote} I am on the same track as you as far as analyzing the 'why' of this. You are spot on and I would like to add a few things that should bring the rest of it to light. WARNING: THIS IS COMPLICATED AND WILL PUT YOU TO SLEEP BUT IT PROVES OUT. Not only can you tell exactly when the DS will begin, you can, with a fair degree of accuracy tell which way price is going to go during the DS and after. Here's how: 1. Since the stoch range is determined by the lowest and highest price (just find them with the ZZ swings) during the past 300 bars, you...
!!!! This is gold!!! I don't quite get it yet I need some sleep to restore thinking power but i think this may just be the missing link. If you could kindly add some labels to you chart
I want more brain power!
  • #3,157
  • Jul 18, 2013 11:02pm Jul 18, 2013 11:02pm
Quoting FXWrangler
{quote} I am on the same track as you as far as analyzing the 'why' of this. You are spot on and I would like to add a few things that should bring the rest of it to light. WARNING: THIS IS COMPLICATED AND WILL PUT YOU TO SLEEP BUT IT PROVES OUT. Not only can you tell exactly when the DS will begin, you can, with a fair degree of accuracy tell which way price is going to go during the DS and after. Here's how: 1. Since the stoch range is determined by the lowest and highest price (just find them with the ZZ swings) during the past 300 bars, you...
Do you think that if you drew the lines where dissimilarity would occur and end, or had an indicator to do it, you could have a pretty effective support-resistance type trading system?
  • #3,158
  • Jul 18, 2013 11:56pm Jul 18, 2013 11:56pm
Quoting Eurusdd
There is a TECHNICAL-PROBLEM AT 1.31583! So you can see the EURUSD is correcting a purely-technical-problem.{image} {image} NOTICE that I bought exactly at the area close to 1.3082!!! That is the key number I provided earlier before the FAKE fall during the day. I closed this trade @1.31450.
Great !!! Thank you .... now I got it ...
  • #3,159
  • Jul 19, 2013 12:31am Jul 19, 2013 12:31am
Quoting fraud
As Eurusdd said, the most probability target for price correcting is 1.31583. And we thinking after that correction price may fall down. Looking on other system, we can see that on 1H and 4H price value 1.31580 (see green line) will reach overbought zone and then it may fall down as we expecting But it's Forex and all is possibly {image}

Thank you Fraud
  • #3,160
  • Jul 19, 2013 12:35am Jul 19, 2013 12:35am
Quoting juhanimi
best trade so far... (demo trading) {image}
Trying to do what Juhanimi did on post 3083

ZZ top to ZZ top,again???

Bollinger Bands is 24
TF 5minutes

Any comment?
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i worshipped... Momentum
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