I don't want to fall into that trap!!! I will post when I have a reason to!!!
- #5,363
- Aug 13, 2014 8:56am Aug 13, 2014 8:56am
- | Joined Jul 2013 | Status: Trader | 1,873 Posts
Get Rich or Die Tryin
- #5,366
- Edited 9:20am Aug 13, 2014 9:06am | Edited 9:20am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} What you are asking is recipe for disaster. That is why most people lose money. Just after they win money from a setup, they are quickly looking for what to do next without waiting for a clear setup again!!! I don't want to fall into that trap!!! I will post when I have a reason to!!!
Having said that, ZZBB swings on the 1H are going fine. Didn't predict an upswing, but it still created a valid pricing sequence. B > T > B > T > next??
I'm now interested in answering the question of TIME.
I'm wondering of the squeeze of the bollinger band is modelling pricing behaviour with accelerating time which = longer bars and shorter time periods [as opposed to wider bands = slower time = smaller range bars].
Edit:
Chart added
A pip is only worth it if you know how much you risked to earn it
- #5,369
- Aug 13, 2014 9:14am Aug 13, 2014 9:14am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
or open cent account with 500 cent deposit
{quote} if you ar doing this...why didnt you start with oanda, live 50$ or something small ? at your growt rate...2000 trades could make a nice sum of $$ and since you re doing this experiment, i think it is worthed just a tought
not euphoria follower
- #5,370
- Aug 13, 2014 9:25am Aug 13, 2014 9:25am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
{quote} if you ar doing this...why didnt you start with oanda, live 50$ or something small ? at your growt rate...2000 trades could make a nice sum of $$ and since you re doing this experiment, i think it is worthed just a tought
- #5,372
- Aug 13, 2014 9:31am Aug 13, 2014 9:31am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
{quote} (With a grain of salt) Having said that, ZZBB swings on the 1H are going fine. Didn't predict an upswing, but it still created a valid pricing sequence. B > T > B > T > next??
The last probabilities I gave, showed a ranging market. Therefore, my opinion is this: eurusd is not going to levels below 1.3354. She is targeting that top again!!! Probability for numbers below 1.3340 is now below 50%.
More precisely, her struggle for the next 384mins will be to close above 1.3368!!!!!
- #5,375
- Aug 13, 2014 9:41am Aug 13, 2014 9:41am
Eurusdd, where can we download your indi and template? and kindly please direct us new comers where can we find your explaination of your similarity concept. Im very much interested to participate but I want to study first the concept how it works. Many Thanks![/quote]
This is funny, I do not mean to single anyone out but this is the problem with traders, all are fascinated with EURUSDD's results and are visiting the thread that explains the concept or a principle to his fantastic results, but do not get that you should read from the beginning of the thread.
This is funny, I do not mean to single anyone out but this is the problem with traders, all are fascinated with EURUSDD's results and are visiting the thread that explains the concept or a principle to his fantastic results, but do not get that you should read from the beginning of the thread.
- #5,376
- Aug 13, 2014 9:44am Aug 13, 2014 9:44am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote}VLADY1974, The last probabilities I gave, showed a ranging market. Therefore, my opinion is this: eurusd is not going to levels below 1.3354. She is targeting that top again!!! Probability for numbers below 1.3340 is now below 50%. More precisely, her struggle for the next 384mins will be to close above 1.3368!!!!!
One of the "rules" developed in this thread for the bollinger strategy was to treat the break of the mid as a lower/higher/bounce indicator.
I'm currently short, so I can use the mid as the TP.
In terms of the probabilities, is there an "evolution" during a TF you're looking at of certain prices/times as new prices trickle into your feed?
This is an analogy from Formula 1, where track temperature affects speed of cars via tyres. Over time, the track goes faster as cars trace over the same patch of track over and over again. If they don't that track gets "cold" and they avoid it.
So now that 3340 has been rejected, did the 3412 high directly affect the probabilities of 3340 appearing in the next 6.4 hours within your calc?
A pip is only worth it if you know how much you risked to earn it
- #5,378
- Aug 13, 2014 9:51am Aug 13, 2014 9:51am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
eeeiii Baillie
- #5,379
- Aug 13, 2014 9:56am Aug 13, 2014 9:56am
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
{quote} That's actually fine... Bolliner Mid currently on 15M is 3369! One of the "rules" developed in this thread for the bollinger strategy was to treat the break of the mid as a lower/higher/bounce indicator. I'm currently short, so I can use the mid as the TP.
- #5,380
- Aug 13, 2014 9:58am Aug 13, 2014 9:58am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
Eurusdd, where can we download your indi and template? and kindly please direct us new comers where can we find your explaination of your similarity concept. Im very much interested to participate but I want to study first the concept how it works. Many Thanks!
[/quote]Similarity is about parity or equivalence across all measuring sticks.
If you have a ruler, 100cm = 1meter, no matter what ruler you use.
With market prices though, it's a moving object:
- Price changes value
- Duration of value changes via Time
- Prices are dependent on Source (Broker)
The theory then is that if you grab a price graph on a 5M chart, and then add any indicator that matches the swings of Price (you must change the settings)
In theory, the price and the indicator should be the same.
The theory must also hold true for different timeframes. So the 5M / 15M / 1H and 4H should have the same swings relative to their larger timeframe.
The moment you have DISSIMILARITY is the trade opportunity because this is arbitrage.
Once SIMILARITY is restored, then the trading window is closed.
A pip is only worth it if you know how much you risked to earn it