The similarity system | Page 254 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #5,061
  • Sep 23, 2013 9:38am Sep 23, 2013 9:38am
I am off for now, but EURUSD will drop big, 1/2 weeks ahead. so keep your eyes on the tops!
  • #5,062
  • Sep 23, 2013 9:39am Sep 23, 2013 9:39am
1.3355 is a possibility by end of week!!!
  • #5,063
  • Sep 23, 2013 9:50am Sep 23, 2013 9:50am
Can you post your 1M template please.
  • #5,064
  • Sep 23, 2013 11:19am Sep 23, 2013 11:19am
Attached Image (click to enlarge)
Click to Enlarge Name: ggg.PNG Size: 53 KB
  • #5,065
  • Sep 23, 2013 11:25am Sep 23, 2013 11:25am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 73 KB
  • #5,066
  • Sep 23, 2013 11:34am Sep 23, 2013 11:34am
posts dedicated to MADMONEY!
  • #5,067
  • Sep 23, 2013 5:36pm Sep 23, 2013 5:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: gggggg.PNG Size: 67 KB

See the correction. Sell done!
  • #5,068
  • Sep 23, 2013 6:35pm Sep 23, 2013 6:35pm
Eur,

What is that bottom indicator that you are using?
Life is too short to have anything but delusional notions about yourself.
  • #5,069
  • Sep 24, 2013 9:12am Sep 24, 2013 9:12am
Attached Image (click to enlarge)
Click to Enlarge Name: gggg.PNG Size: 67 KB
  • #5,070
  • Sep 24, 2013 9:37am Sep 24, 2013 9:37am
Attached Image (click to enlarge)
Click to Enlarge Name: fff.PNG Size: 58 KB
  • #5,071
  • Sep 24, 2013 9:54am Sep 24, 2013 9:54am
Eurusdd post your template please tease so I can join in.
  • #5,072
  • Sep 24, 2013 9:57am Sep 24, 2013 9:57am
Quoting normtold
Eurusdd post your template please tease so I can join in.
The indicators Eurusdd is using are proprietary. I don't think he is going to just give them away upon a request.
It's probably more important to look at what he is pointing out... and if you've read the thread, he is actually pointing out a dissimilarity.
A pip is only worth it if you know how much you risked to earn it
  • #5,073
  • Sep 24, 2013 12:49pm Sep 24, 2013 12:49pm
Shape of the line is similar to that of price, the middle line is 50, you can't see the 0-100, reminds me of a long term RSI. Just guessing
Even if you fall on your face, you're still moving forward.
  • #5,074
  • Sep 24, 2013 5:30pm Sep 24, 2013 5:30pm
sell move successful! lol
  • #5,075
  • Sep 25, 2013 1:02am Sep 25, 2013 1:02am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture1.PNG Size: 70 KB
  • #5,076
  • Sep 25, 2013 2:52am Sep 25, 2013 2:52am
hi everyone.

my first analysis. please correct me if wrong.

the chart attatched is 15M EURUSD.

zigzag bottom formed, and now, dis-similarity is just above the price + price&stoch spiking up BB, meaning high probability of TOP.

once dis-similarity is corrected, it is a good chance to enter SHORT. correct?

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 31 KB
  • #5,077
  • Sep 25, 2013 3:42am Sep 25, 2013 3:42am
Quoting jimsterk
hi everyone. my first analysis. please correct me if wrong. the chart attatched is 15M EURUSD. zigzag bottom formed, and now, dis-similarity is just above the price + price&stoch spiking up BB, meaning high probability of TOP. once dis-similarity is corrected, it is a good chance to enter SHORT. correct? thanks. {image}
Just make sure you check higher timeframes and do the same analysis to ensure you don't have contradictory signals. Higher TFs are always more powerful.... ie. 1M > 1W > 1D > 4H > 1H > 15M So if you short at 15M but there's a Bottom on the 1H... then the short will be over quickly.... in which case are you scalping, position/swing trading.... etc etc.

Not to scare you.... but it's never easy as it sounds. Your analysis is good..... time to get better.
A pip is only worth it if you know how much you risked to earn it
  • #5,078
  • Sep 25, 2013 3:50am Sep 25, 2013 3:50am
will move to 1.35068, 1.34794 being back?
  • #5,079
  • Sep 25, 2013 4:08am Sep 25, 2013 4:08am
Quoting vlady1974
{quote} Just make sure you check higher timeframes and do the same analysis to ensure you don't have contradictory signals. Higher TFs are always more powerful.... ie. 1M > 1W > 1D > 4H > 1H > 15M So if you short at 15M but there's a Bottom on the 1H... then the short will be over quickly.... in which case are you scalping, position/swing trading.... etc etc. Not to scare you.... but it's never easy as it sounds. Your analysis is good..... time to get better.
thank you very much for advice, vlady1974!

yeah, i forgot to see the higher timeframe. and 1 hour chart is currently under the retracement, not forming zz-top.

similarity system is really difficult and educative. i am currently reading page 210. hope i can catch up you this week.

i keep studying and try to post my outcome.

anyway, thank you for advice!!!
  • #5,080
  • Sep 25, 2013 4:11am Sep 25, 2013 4:11am
Quoting burnssss
will move to 1.35068, 1.34794 being back?
I'm staying away from EU until a better signal comes along. The 1H shows a ZZB... so should be a Long signal... but that big DS zone give downside risk. There are other pairs worth looking at. If we get a ZZT today, I may line up a short to target 1.34... until then, flat on EU. Even if we don't get a ZZT and the ZZB holds, it will be ranging thing.... just not worth the effort.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-1H.PNG Size: 60 KB
A pip is only worth it if you know how much you risked to earn it
3 traders viewing now