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The similarity system

  • #4,841
  • Aug 16, 2013 8:23am Aug 16, 2013 8:23am
Quoting Eurusdd
In order to continue the downtrend, EURUSD will have to rise above 1.3340!!!
Yes! I said this (roughly) in the practical Thread.
The 4H is the base. The 1H is behind and playing catchup. The 5M and 15M have created the support base from the last 3 days
A pip is only worth it if you know how much you risked to earn it
  • #4,842
  • Aug 16, 2013 8:24am Aug 16, 2013 8:24am
Welcome back Eurusdd

My next Zone....
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  • #4,843
  • Aug 16, 2013 8:24am Aug 16, 2013 8:24am
Quoting vlady1974
{quote} I was a bit more aggressive and Longed at 3329.4 21 pips to $25,000 I've treated this account as if it was real.... this will be a psychological barrier.
You trade like me. I pay attention to the money and not the pips really. Certains amounts of $$$ - give me "certain feelings". With $5,000 , $20,000 will be the level from which I can never the account again and at the same time make at least $1,000 per-day! It is all about living off your account - daily, weekly, monthly etc.
  • #4,844
  • Aug 16, 2013 8:26am Aug 16, 2013 8:26am
Quoting josh11
Welcome back Eurusdd My next Zone.... {image}
1.3340 is the level to watch for the next sell after the 120mins period!
70 mins remaining!
  • #4,845
  • Aug 16, 2013 8:39am Aug 16, 2013 8:39am
EXACTLY, 1hr to go. EURUSD should close above 1.3326. Take care.
  • #4,846
  • Aug 16, 2013 9:08am Aug 16, 2013 9:08am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
EXACTLY, 1hr to go. EURUSD should close above 1.3326. Take care.
Is this still valid?
An expert is a man who has made all the mistakes which can be made
  • #4,847
  • Aug 16, 2013 9:10am Aug 16, 2013 9:10am
Quoting Neio
{quote} Is this still valid?
YES. When the time ends, eurusd should be above. 30mins more approx
  • #4,848
  • Aug 16, 2013 9:13am Aug 16, 2013 9:13am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} YES. When the time ends, eurusd should be above. 30mins more approx
I would like to trade it but the current price is not far off.
An expert is a man who has made all the mistakes which can be made
  • #4,849
  • Aug 16, 2013 9:23am Aug 16, 2013 9:23am
Quoting Neio
{quote} Is this still valid?
I have had a week of house moving but just called in to find Eurusdd here....welcome back. Great to see all you guys are still here, I will be back too when i can concentrate. I have just had a little flutter at 13320 and taken a long which I have already closed most of in profit nearer 13325, so thank you again Eurusdd. Watching the action with fascination and so wanting you to be right about this because of all the help you are generously giving us folk...
  • #4,850
  • Aug 16, 2013 9:26am Aug 16, 2013 9:26am
Quoting Neio
{quote} I would like to trade it but the current price is not far off.
If you were trading 20 lots for a couple of pips...that wouldn't be bad..lol
  • #4,851
  • Aug 16, 2013 9:27am Aug 16, 2013 9:27am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting oconnor365
{quote} If you were trading 20 lots for a couple of pips...that wouldn't be bad..lol
I have seen many of Eurusdd's predictions come right....but...not sure I could put that much on it...lol
An expert is a man who has made all the mistakes which can be made
  • #4,852
  • Aug 16, 2013 9:32am Aug 16, 2013 9:32am
Quoting Neio
{quote} I have seen many of Eurusdd's predictions come right....but...not sure I could put that much on it...lol
true....I'd be sh.....g myself now..lol
  • #4,853
  • Aug 16, 2013 9:32am Aug 16, 2013 9:32am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} YES. When the time ends, eurusd should be above. 30mins more approx
10 mins to go to 1.3326? How confident are you of it reaching 1.3340 before the next sell off?
An expert is a man who has made all the mistakes which can be made
  • #4,854
  • Aug 16, 2013 9:36am Aug 16, 2013 9:36am
Quoting Neio
{quote} 10 mins to go to 1.3326? How confident are you of it reaching 1.3340 before the next sell off?

I think your missing the point Neio

Regardless where its supposed to be , he is expecting a sell off in 25 minutes.

You'd be risking dollars for pennies if you try to go long now.
  • #4,855
  • Aug 16, 2013 9:37am Aug 16, 2013 9:37am
Quoting Neio
{quote} 10 mins to go to 1.3326? How confident are you of it reaching 1.3340 before the next sell off?
That is not what I said. We expect eurusd to close above 1.3326 and the end of the approx period and then she will move to 1.3340 before a serious downtrend can continue again! So, eurusd is not supposed to go to 1.3340 before the end of the 120mins.

within the next few mins, eurusd should try and rush up to close the period above 1.3326. That is expected. If she does not that will be a pricing-window!!!
  • #4,856
  • Aug 16, 2013 9:37am Aug 16, 2013 9:37am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting almo
{quote} I think your missing the point Neio Regardless where its supposed to be , he is expecting a sell off in 25 minutes. You'd be risking dollars for pennies if you try to go long now.

I thought he said price should close ABOVE 1.3326?
An expert is a man who has made all the mistakes which can be made
  • #4,857
  • Aug 16, 2013 9:38am Aug 16, 2013 9:38am
A pip is only worth it if you know how much you risked to earn it
  • #4,858
  • Aug 16, 2013 9:39am Aug 16, 2013 9:39am
Quoting Neio
{quote} I thought he said price should close ABOVE 1.3326?

He did , he also said that would be the start of the next sell

Quoting Eurusdd
{quote} 1.3340 is the level to watch for the next sell after the 120mins period! 70 mins remaining!
  • #4,859
  • Aug 16, 2013 9:39am Aug 16, 2013 9:39am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} That is not what I said. We expect eurusd to close above 1.3326 and the end of the approx period and then she will move to 1.3340 before a serious downtrend can continue again! So, eurusd is not supposed to go to 1.3340 before the end of the 120mins. within the next few mins, eurusd should try and rush up to close the period above 1.3326. That is expected. If she does not that will be a pricing-window!!!
I know you said 1.3326 in 10 mins. But I was asking about after that.
An expert is a man who has made all the mistakes which can be made
  • #4,860
  • Aug 16, 2013 9:40am Aug 16, 2013 9:40am
Quoting Eurusdd
{quote} That is not what I said. We expect eurusd to close above 1.3326 and the end of the approx period and then she will move to 1.3340 before a serious downtrend can continue again! So, eurusd is not supposed to go to 1.3340 before the end of the 120mins. within the next few mins, eurusd should try and rush up to close the period above 1.3326. That is expected. If she does not that will be a pricing-window!!!

heres my trade
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