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The similarity system

  • #3,401
  • Jul 19, 2013 10:20am Jul 19, 2013 10:20am
Quoting Madmoney
{quote} V2, at the moment 3 pairs EURUSD USDCHF and AUDUSD
Thx. I will test on these pairs next week. You're getting great success on them so may as well go with those!.
A pip is only worth it if you know how much you risked to earn it
  • #3,402
  • Jul 19, 2013 10:21am Jul 19, 2013 10:21am
last 5 trades have been successfully, all of them I have used the stoch-bb-zz-methode on tf 5 and tf 15

why trade complicated, if there is a simple way

this makes hope for the future...
  • #3,403
  • Jul 19, 2013 10:26am Jul 19, 2013 10:26am
I think it could be easily applied to cfds too.
I've checked the DAX and it seems interesting too.
My name is Martin... Martin Gale
  • #3,404
  • Jul 19, 2013 10:26am Jul 19, 2013 10:26am
Quoting condor666
Just sold, hopefully i'm right : {image}
I think I'm getting the zz rules straight, now. I think I'll hold off on the sell and enter when the ema hits the middle bb. That should complete the last of the 4 zz rules, and maybe the zone that is being formed will be born by then, showing even more reason for the price to go down. Right? We'll see, I'm definitely still learning how to apply everything (3 out 4 successful trades so far...).
  • #3,405
  • Jul 19, 2013 10:27am Jul 19, 2013 10:27am
Quoting Eurusdd
YES: But I took my profit at 1.31499 on this move.
Cause of highest ZZ on the right and round number at 1.3150

Your Target 1.3158 is the Daily R2.
  • #3,406
  • Jul 19, 2013 10:27am Jul 19, 2013 10:27am
Quoting Forex Lion
last 5 trades have been successfully, all of them I have used the stoch-bb-zz-methode on tf 5 and tf 15 why trade complicated, if there is a simple way this makes hope for the future...
Are you using M5 to time your entries better or are you trading M5 and M15 independently?
  • #3,407
  • Jul 19, 2013 10:28am Jul 19, 2013 10:28am
Quoting Forex Lion
last 5 trades have been successfully, all of them I have used the stoch-bb-zz-methode on tf 5 and tf 15 why trade complicated, if there is a simple way this makes hope for the future...
See?! Easy!
A pip is only worth it if you know how much you risked to earn it
  • #3,408
  • Jul 19, 2013 10:31am Jul 19, 2013 10:31am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Forex Lion
last 5 trades have been successfully, all of them I have used the stoch-bb-zz-methode on tf 5 and tf 15 why trade complicated, if there is a simple way this makes hope for the future...
Nice work FL!
An expert is a man who has made all the mistakes which can be made
  • #3,409
  • Jul 19, 2013 10:32am Jul 19, 2013 10:32am
Quoting vlady1974
{quote} See?! Easy!
So frustrating for bad traders like me !
  • #3,410
  • Jul 19, 2013 10:34am Jul 19, 2013 10:34am
Quoting IFxRobot
{quote} So frustrating for bad traders like me !
It doesn't mean your a bad trader, it's following instructions, application!
  • #3,411
  • Jul 19, 2013 10:38am Jul 19, 2013 10:38am
Quoting Madmoney
{quote} It doesn't mean your a bad trader, it's following instructions, application!
Completely agree with this.

And don't forget also that you may already have some habits or trading ideas that are in conflict with the components of this system.
Your first task is to clear everything from your trading mind. These principles will (and have for me) changed the way I trade now.
A pip is only worth it if you know how much you risked to earn it
  • #3,412
  • Jul 19, 2013 10:39am Jul 19, 2013 10:39am
Okay back to trading.

5M timeframe.... if 3158.3 is the target and we've just had a ZZ TOP.... what do we need next?
A pip is only worth it if you know how much you risked to earn it
  • #3,413
  • Jul 19, 2013 10:42am Jul 19, 2013 10:42am
A bottom, so short for a few pips. Can be stopped at the middle bb ?

Or maybe you prefer seeing the bottom and then go for top ?

But we have a dissimilarity on going so price should stay in its trend...
  • #3,414
  • Jul 19, 2013 10:43am Jul 19, 2013 10:43am
Quoting vlady1974
Okay back to trading. 5M timeframe.... if 3158.3 is the target and we've just had a ZZ TOP.... what do we need next?
A pint! I'm melting here!
Keep smiling
  • #3,415
  • Jul 19, 2013 10:45am Jul 19, 2013 10:45am
Quoting Misterdaz
{quote} A pint! I'm melting here!


I had one at lunch thankfully! Why not more! Bring it!!
A pip is only worth it if you know how much you risked to earn it
  • #3,416
  • Jul 19, 2013 10:46am Jul 19, 2013 10:46am
Quoting vlady1974
Okay back to trading. 5M timeframe.... if 3158.3 is the target and we've just had a ZZ TOP.... what do we need next?
I'm done trading for the week, I would love to sell! But I don't like getting caught up in the weekend madness.
  • #3,417
  • Jul 19, 2013 10:47am Jul 19, 2013 10:47am
Quoting spufuz
{quote} Are you using M5 to time your entries better or are you trading M5 and M15 independently?
M5 and M15 independently
  • #3,418
  • Jul 19, 2013 10:48am Jul 19, 2013 10:48am
In fact bad traders stay bad traders and brokers won't have my commission.

Ciao.
  • #3,419
  • Jul 19, 2013 10:48am Jul 19, 2013 10:48am
Quoting Madmoney
{quote} I'm done trading for the week, I would love to sell! But I don't like getting caught up in the weekend madness.
A wise move, Friday, London close, markets gone to sleep and I'm going home so sorry I can't move the markets for you anymore today
Keep smiling
  • #3,420
  • Jul 19, 2013 10:49am Jul 19, 2013 10:49am
Quoting slimjim
{quote} I think I'm getting the zz rules straight, now. I think I'll hold off on the sell and enter when the ema hits the middle bb. That should complete the last of the 4 zz rules, and maybe the zone that is being formed will be born by then, showing even more reason for the price to go down. Right? We'll see, I'm definitely still learning how to apply everything (3 out 4 successful trades so far...).

I got stopped out with 5 pips profit, better than nothing.
My name is Martin... Martin Gale
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