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The similarity system

  • #5,161
  • Aug 11, 2014 4:18pm Aug 11, 2014 4:18pm
Hi Eurusdd, Thanks for your effort and explanations. I examine your examples and notice that a problem is corrected after a bar with omega is formed in an opposite direction. You often said every little up is a chance to sell. Why don't make a call at opening of a bar after omega bar? This way i don't see to get more than 20 pips off course.

Just a thought
Attached Image
  • #5,162
  • Aug 11, 2014 4:23pm Aug 11, 2014 4:23pm
My view going into the next few hrs. 1.33838 IS A CENTRAL PRICE meaning eurusd will take a minor swing up at the point. So, no agressive selling going into the next 4 hrs.

1.33803 will be a level difficult to close below.
That is why I hedged my position there on my explorer!!!!!!!

For those of you buying into the minor up, place stoploss at 1.33796, in case you use it!
  • #5,163
  • Aug 11, 2014 4:26pm Aug 11, 2014 4:26pm
Quoting davinci15
Hi Eurusdd, Thanks for your effort and explanations. I examine your examples and notice that a problem is corrected after a bar with omega is formed in an opposite direction. You often said every little up is a chance to sell. Why don't make a call at opening of a bar after omega bar? This way i don't see to get more than 20 pips off course. Just a thought {image}
Where you sell will depend on you. But I recommend, you look at your other indicators and find an optimal position!!!!
  • #5,164
  • Aug 11, 2014 4:30pm Aug 11, 2014 4:30pm
Finally, I will palce calls here too. <10 pips SL and it is expected that I won't be wrong three times in a row!!! Good luck. I am available for this month 24/7
  • #5,165
  • Aug 11, 2014 4:34pm Aug 11, 2014 4:34pm
Just closed trade based upon resistance and time of day, looking to get short after midnight here EST US. Here's pic of trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5 closed.png Size: 69 KB
  • #5,166
  • Aug 11, 2014 4:36pm Aug 11, 2014 4:36pm
Quoting Baillie
Just closed trade based upon resistance and time of day, looking to get short after midnight here EST US. Here's pic of trade. {image}
Not a bad movE!

Please note, I usually hedge my position whenever I think price will take a minor retrace or the level is confusing. so, if I am not hedging, it means I don't expect confusion!
  • #5,167
  • Aug 11, 2014 4:40pm Aug 11, 2014 4:40pm
Quoting Eurusdd
{quote} Not a bad movE! Please note, I usually hedge my position whenever I think price will take a minor retrace or the level is confusing. so, if I am not hedging, it means I don't expect confusion!
I can't hedge in US (sucks)
  • #5,168
  • Aug 11, 2014 4:41pm Aug 11, 2014 4:41pm
Quoting Baillie
{quote} I can't hedge in US (sucks)
You can do it indirectly with a pair that is almost 100% in opposite direction?
  • #5,169
  • Aug 11, 2014 4:44pm Aug 11, 2014 4:44pm
Quoting Eurusdd
{quote} You can do it indirectly with a pair that is almost 100% in opposite direction?
USD/CHF ?
  • #5,170
  • Aug 11, 2014 4:44pm Aug 11, 2014 4:44pm
If we are all serious, I can assure you, we will make money together. If you disagree with something, contribute objectively. I expect mature arguments. I am not God! Till something serious happens, I will give some space for now!!!
  • #5,171
  • Aug 11, 2014 4:48pm Aug 11, 2014 4:48pm
Quoting Baillie
{quote} USD/CHF ?
yes! you can calculate the lots to give perfect hedge!
  • #5,172
  • Aug 11, 2014 4:54pm Aug 11, 2014 4:54pm
Quoting Eurusdd
{quote}yes! you can calculate the lots to give perfect hedge!
What would the calculation be?
  • #5,173
  • Aug 11, 2014 5:05pm Aug 11, 2014 5:05pm
Quoting Baillie
{quote} What would the calculation be?
If you just do equal lots on both sides, I don't believe the hedge will be perfect. It depends on your broker too though. Anyway, 1.33887 is an attractive price for eurusd and so, rest your sells for now!!!
  • #5,174
  • Aug 11, 2014 5:07pm Aug 11, 2014 5:07pm
Quoting Eurusdd
{quote} If you just do equal lots on both sides, I don't believe the hedge will be perfect. It depends on your broker too though. Anyway, 1.33887 is an attractive price for eurusd and so, rest your sells for now!!!
  • #5,175
  • Aug 11, 2014 5:13pm Aug 11, 2014 5:13pm
Quoting Eurusdd
{quote} If you just do equal lots on both sides, I don't believe the hedge will be perfect. It depends on your broker too though. Anyway, 1.33887 is an attractive price for eurusd and so, rest your sells for now!!!
Just a thought, referring to hedge.
I can do hedge, but I'm interested in the subject too.
You can do the calculation on the basis of three pairs (the famous triangle) and based on their deviations, calculate the average price to balance the scales?
Is that correct?
  • #5,176
  • Aug 11, 2014 5:17pm Aug 11, 2014 5:17pm
Quoting burnssss
{quote} Just a thought, referring to hedge. I can do hedge, but I'm interested in the subject too. You can do the calculation on the basis of three pairs (the famous triangle) and based on their deviations, calculate the average price to balance the scales? Is that correct?
Yes. prefer hedging to SL because I don't leave trade open for more than 24 hr normally and i don't get three fails in a row.
If you do your calculations right, you can hedge perfectly. The problem with hedging here is this. someone might think you are placing a trade backed by analysis, when in fact you are just hedging a position!!!
  • #5,177
  • Aug 11, 2014 5:22pm Aug 11, 2014 5:22pm
Yes, is a intelligent and effective way to make profits.
saved in my head.
  • #5,178
  • Aug 11, 2014 5:35pm Aug 11, 2014 5:35pm
@Eurusdd
taking advantage of this stop,
how do you think they work great algorithms that manage money in forex?
I read a post above, in which you said you had thousands of high frequency algorithms, which only went for 2,3..10 pips. That is some information, you yourself have an algorithm that can do that and not lose in 100 operations.
But when editing large machines ?.
We have seen you solve your problems by algorithms that employ mathematical concepts such as similarity, perhaps wave theory, convergence of series ....
Detect errors in their algorithms.
  • #5,179
  • Aug 11, 2014 5:40pm Aug 11, 2014 5:40pm
Quoting burnssss
@Eurusdd taking advantage of this stop, how do you think they work great algorithms that manage money in forex? I read a post above, in which you said you had thousands of high frequency algorithms, which only went for 2,3..10 pips. That is some information, you yourself have an algorithm that can do that and not lose in 100 operations. But when editing large machines ?. We have seen you solve your problems by algorithms that employ mathematical concepts such as similarity, perhaps wave theory, convergence of series .... Detect errors in their algorithms....
burnsss, I am not greedy like most people. I am interested in 'almost' sure pips, be it 1,2,3.... whatever. Now, once I spot one, I take it. Now, another way to look at this is to set very small stoploss. If you believe your chance is 50:50, a SL of 10 pips every time should make you money eventually if your profit target is 1:x, where x>1.
  • #5,180
  • Aug 11, 2014 6:17pm Aug 11, 2014 6:17pm
FROM ZERO HEDGE

A man returns from Africa feeling very ill. He visits his doctor, who immediately rushes the guy to the intensive care unit at the local hospital. The man wakes up to the ringing of a telephone and answers it. “We’ve received the results from your tests,” says the doctor on the other end of the line. “Bad news—you have Ebola.” “Oh, my God,” cries the man. “Doc! What am I going to do?” “Don’t worry. First, we’re going to put you on a diet of pizza, pancakes, and pita bread,” says the doctor. “Will that cure me?” “No, but it’s the only food we’ll be able to get under the door.”
There has never been a statue erected in honor of a critic
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