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The similarity system

  • #4,541
  • Jul 25, 2013 1:53am Jul 25, 2013 1:53am
Welcome back Eurusdd, i Thought you were adopted by the alien
Never say no to PIPS
  • #4,542
  • Jul 25, 2013 1:53am Jul 25, 2013 1:53am
Quoting lappies
{quote} Then you already have a 64% probability what direction it will close
Randomly selecting an outcome, you could be 64% wrong.

What if you had rules? What % probability would that be reduced to?

EDIT:
Ive made ONE CALL and it was 100% correct. Too small a sample! LOL. I have another call today... Lets wait at least a week!
A pip is only worth it if you know how much you risked to earn it
  • #4,543
  • Jul 25, 2013 1:54am Jul 25, 2013 1:54am
Quoting lazyegg
Welcome back Eurusdd, i Thought you were adopted by the alien
lol. had some things to work on. Strength of 1.32203 @ 0.2.
But I will not stay long!
  • #4,544
  • Jul 25, 2013 1:58am Jul 25, 2013 1:58am
Quoting Eurusdd
{quote} lol. had some things to work on. Strength of 1.32203 @ 0.2. But I will not stay long!
that means Eurusd will drop like a Poo Poo ?
Never say no to PIPS
  • #4,545
  • Jul 25, 2013 1:58am Jul 25, 2013 1:58am
eurusd is NOW free to go through!!! Strength of 1.32203 @ 0.06.
  • #4,546
  • Jul 25, 2013 1:59am Jul 25, 2013 1:59am
Quoting vlady1974
{quote} Randomly selecting an outcome, you could be 64% wrong. What if you had rules? What % probability would that be reduced to? EDIT: Ive made ONE CALL and it was 100% correct. Too small a sample! LOL. I have another call today... Lets wait at least a week!
You can put in rules like, if previous daily candle engulfed, closed up/down, is previous weekly/monthly candle up/down...
  • #4,547
  • Jul 25, 2013 2:07am Jul 25, 2013 2:07am
The power of 1.32203 to resist price is NOW 0.00!!! Eurusd is free to go through now - if she wants to.
  • #4,548
  • Jul 25, 2013 2:22am Jul 25, 2013 2:22am
Quoting smallcat
{quote} Thank you Ralome .... now I got it .... Edited: And for the candle #301, we must wait for the candle to close first, before we calculate it (the calculating is begin on the OPEN of candle #302) ? And checking ending of dissimilarity is at OPEN of candle #25 ?
Yes, my indy waits for #301 to close (same with checking if DS has ended). It is true that if the dissimilarity is caused by #1 being HH or LL, we will know that #301 will be a dissimilarity candle at the moment of its open. It is also true that if the dissimilarity is caused by #301 becoming the new HH or LL, we will know that at the moment it breaches the old HH/LL. BUT the zones drawn are based on the complete candle. So that's why I chose to wait for the candle to close. Eurusdd also mentioned that one option is trading AWAY from the dissimilarity zone (i.e. the range of dissimilarity candle). My point is, if the candle is not finished yet, you don't know what you'd trade away from
Even if you fall on your face, you're still moving forward.
  • #4,549
  • Jul 25, 2013 2:23am Jul 25, 2013 2:23am
You evaluate the probability of price over a node using force?
  • #4,550
  • Jul 25, 2013 2:31am Jul 25, 2013 2:31am
sounds awesome oscillator
  • #4,551
  • Jul 25, 2013 2:32am Jul 25, 2013 2:32am
Quoting Ralome
{quote} Yes, my indy waits for #301 to close (same with checking if DS has ended). It is true that if the dissimilarity is caused by #1 being HH or LL, we will know that #301 will be a dissimilarity candle at the moment of its open. It is also true that if the dissimilarity is caused by #301 becoming the new HH or LL, we will know that at the moment it breaches the old HH/LL. BUT the zones drawn are based on the complete candle. So that's why I chose to wait for the candle to close. Eurusdd also mentioned that one option is trading AWAY from the...
Thank U Ralome ...
  • #4,552
  • Jul 25, 2013 2:41am Jul 25, 2013 2:41am
Channel breaks of Spread-I_env indicator. Maybe it's time to go through new ds-zone and then go up?
Attached Image (click to enlarge)
Click to Enlarge Name: corr2.png Size: 24 KB
Don't try to buy at the bottom or sell at the top Bernard Baruch
  • #4,553
  • Jul 25, 2013 2:59am Jul 25, 2013 2:59am
Quoting Eurusdd
The power of 1.32203 to resist price is NOW 0.00!!! Eurusd is free to go through now - if she wants to.
Brilliant

  • #4,554
  • Jul 25, 2013 3:06am Jul 25, 2013 3:06am
Quoting Eurusdd
{quote} can we play that game. my bar begins at 9/10 pm gmt.
I don't want you to influence my results! LOL
How about I continue to post them daily then after a week I will summarise and you can take a look



My candle also starts at 10pm GMT Summertime.
So the MT4 server is in Europe.

PREDICTIONS SO FAR:
Yesterday - Down : Correct
Today - Up : in progress
A pip is only worth it if you know how much you risked to earn it
  • #4,555
  • Edited 11:49pm Jul 25, 2013 3:08am | Edited 11:49pm
Quoting matlobien
{quote} Brilliant
Nope. I speak the true from the bottom of my heart.

The moment he say start, within 5min, the eurusd break up. that is brilliant.

http://www.forexfactory.com/showthread.php?t=434603&page=236 #4711
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDD_profile.jpg Size: 52 KB
  • #4,556
  • Jul 25, 2013 3:32am Jul 25, 2013 3:32am
1.32365 I think will be hi of the day! GL
  • #4,557
  • Jul 25, 2013 3:43am Jul 25, 2013 3:43am
Why is everybody so quiet..
  • #4,558
  • Jul 25, 2013 3:46am Jul 25, 2013 3:46am
Quoting Eurusdd
{quote} Let me ask you this simple question: If you had the key to immortality, would you stand in the street and announce it to the whole world? I don't think so.
Christian people do this every day!! They believe that they have key to immortality.

and about trading, looks like i found true sr-levels, THANKS to you MAN!!!
  • #4,559
  • Jul 25, 2013 3:49am Jul 25, 2013 3:49am
Quoting shiva
Repeating this: Dump the BB, ZZ and the zone markers. Note when the dissimilarity starts, trade the semaphore dot which appears AFTER the beginning of diss. {image}

Hey guys,

I have been working on Shiva's above method here (thanks mate for getting me onto this!) and basically I love the simplicity behind it, however, the issues with the repainting semaphore can be annoying and inaccurate, which lead me to explore these zones (drawn specifically by Ralome's indicator) a bit more. I noticed two main things that jumped out at me here:

1. After dissimilarity starts and the indicator draws the zone, price will very often respect the two extremes of that CURRENT zone.

2. Price will either travel down to touch the bottom of the zone and then back up to the top or vise versa.

In this case when dis sim begins and the zone is drawn by the indicator, we can place opposite sell limit and buy limit orders at each end of the extremities of the zone with our SL outside the zone and TP set to the opposite extremity of the zone thus giving us BOTH a very clear entry and very clear exit with low risk and good reward.

Please see attached image of the method. Hopefully some feedback and thoughts too from EURUSDD! thanks.

EDIT: I have only pulled this off chart history and have not applied this to New zones yet on the sterling/dollar, so I hope the indi doesnt repaint the zones?
Attached Image (click to enlarge)
Click to Enlarge Name: Zone_Extremity method.jpg Size: 215 KB
  • #4,560
  • Jul 25, 2013 4:06am Jul 25, 2013 4:06am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 32 KB
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