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The similarity system

  • #6,121
  • Aug 19, 2014 4:08am Aug 19, 2014 4:08am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
I am sure some of you are wondering how i can trade so many times with large lots and no SL. The secret is 'timing'. I will show you one of the seven methods I use in timing the market . Maybe Wednesday.

Eurusdd,

Please come back to show us this aspect!

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #6,122
  • Aug 19, 2014 4:10am Aug 19, 2014 4:10am
Good call Vlady,

EURUSDD sharing his findings definitely give us a edge on the market and we should focus on, explore and keep learning on.

The way we exploit or manage this knowledge in our trading is something completely personal.
the market is not random but anything can happen.
  • #6,123
  • Aug 19, 2014 4:15am Aug 19, 2014 4:15am
On the 5M, I have these Transient levels (calculated manually/visually)

Upper @ 3371.2
Lower@ 3344.8

In between is Recurrent.

Edit:
I just spotted a transient price in between the above: 3359.8
So between 3359.8 and 3348.8 is recurrent. Scalping tactics?
A pip is only worth it if you know how much you risked to earn it
  • #6,124
  • Aug 19, 2014 4:33am Aug 19, 2014 4:33am
Quoting vlady1974
On the 5M, I have these Transient levels (calculated manually/visually) Upper @ 3371.2 Lower@ 3344.8 In between is Recurrent. Edit: I just spotted a transient price in between the above: 3359.8 So between 3359.8 and 3348.8 is recurrent. Scalping tactics?
Hello vlady1974,

Maybe with pictures is better to understand for people who do not understand English.
This gives a good imagination power to understand.
And to help each other.

I hope this is not a problem

Thank you very much
Greeting and green pips
  • #6,125
  • Aug 19, 2014 4:42am Aug 19, 2014 4:42am
Quoting anna3003
{quote} Hello vlady1974, Maybe with pictures is better to understand for people who do not understand English. This gives a good imagination power to understand. And to help each other. I hope this is not a problem Thank you very much Greeting and green pips
Done.
Transitory parts circled in red.
What do you think my h value is?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-5M.JPG Size: 140 KB
A pip is only worth it if you know how much you risked to earn it
  • #6,126
  • Aug 19, 2014 4:46am Aug 19, 2014 4:46am
Quoting vlady1974
{quote} Done. Transitory parts circled in red. What do you think my h value is? {image}
15 ?
Pivot Boss in the making~
  • #6,127
  • Aug 19, 2014 4:55am Aug 19, 2014 4:55am
Quoting jurn_e
{quote} 15 ?
Cool... I'll go with that. I count 26 from bottom to bottom so we'll go with 13.
So the recent tops.... why wouldn't I project when price will go away from the Top (let's take the second top) and count forward 13 bars and see what happens during that time?
A pip is only worth it if you know how much you risked to earn it
  • #6,128
  • Aug 19, 2014 5:03am Aug 19, 2014 5:03am
Quoting vlady1974
{quote} Cool... I'll go with that. I count 26 from bottom to bottom so we'll go with 13. So the recent tops.... why wouldn't I project when price will go away from the Top (let's take the second top) and count forward 13 bars and see what happens during that time?
Which top u start counting from ? what price is that top at.
Pivot Boss in the making~
  • #6,129
  • Aug 19, 2014 5:09am Aug 19, 2014 5:09am
I'm doing this real-time so we can apply it in real conditions.
I don't know what will happen next.

It's just occurred to me last night that we might get too reliant on indicators to tell us where the boxes/zones are when we really should begin recognising price action and get back to our central idea.

Attached is 15M and 5M of the same area. I am currently short from 3352.
The 5M shows price clearly going around the Recurrent Area.
The transient prices are where the swing tops and bottoms are.

If price bounces, I could scalp long. If it goes through the bottom, then I hold my short or add on the breakout of the other side (under 3344).
I could exit now because the possibility of going under 3344 in the 5M timeframe is 3% over the last 13-26 bars right?

Or I could go to a higher timeframe and say that the chances of going are higher on the 15M because the h in 15 minutes is about 32.
The observation I made last night is that once a suspected transient zone is breached, it becomes recurrent... and then you apply the new rules to the most current set of market prices. Which is why I'm doing this in real-time now.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-15M.JPG Size: 271 KB
A pip is only worth it if you know how much you risked to earn it
  • #6,130
  • Aug 19, 2014 5:11am Aug 19, 2014 5:11am
Quoting jurn_e
{quote} Which top u start counting from ? what price is that top at.
My bad. It's the 3rd Swing Top after the drop. Price at 3356.
A pip is only worth it if you know how much you risked to earn it
  • #6,131
  • Aug 19, 2014 5:32am Aug 19, 2014 5:32am
I want say a massive thank you to Eurusdd to help me look at the market differently and I think I have found the light
  • #6,132
  • Aug 19, 2014 5:34am Aug 19, 2014 5:34am
Quoting josh11
I want say a massive thank you to Eurusdd to help me look at the market differently and I think I have found the light
Please PM me your light as i am still in the dark.
Pivot Boss in the making~
  • #6,133
  • Aug 19, 2014 5:41am Aug 19, 2014 5:41am
Quoting josh11
I want say a massive thank you to Eurusdd to help me look at the market differently and I think I have found the light
Josh, mate, you're one impressive player and I thank you again for your contribution to my trading as well - especially the MM part! LOL
You still using DS/Sim? Can't remember your strategy and tools... I know you were a scalper!
A pip is only worth it if you know how much you risked to earn it
  • #6,134
  • Aug 19, 2014 5:42am Aug 19, 2014 5:42am
Quoting vlady1974
I'm doing this real-time so we can apply it in real conditions. I don't know what will happen next. It's just occurred to me last night that we might get too reliant on indicators to tell us where the boxes/zones are when we really should begin recognising price action and get back to our central idea. Attached is 15M and 5M of the same area. I am currently short from 3352. The 5M shows price clearly going around the Recurrent Area. The transient prices are where the swing tops and bottoms are. If price bounces, I could scalp long. If it goes through...
Vlady,

Thanks for the explanation of your take on the concept/idea brought forward by Eurusdd.

Anyway what i noticed today.
If a transient zone is low probability for price to hit the zone then 2 transient zones will be even lower.

Overlapping transient zones. Any significance? hmmm..
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-08-19_1831.png Size: 38 KB
Pivot Boss in the making~
  • #6,135
  • Aug 19, 2014 5:48am Aug 19, 2014 5:48am
Quoting jurn_e
{quote} Vlady, Thanks for the explanation of your take on the concept/idea brought forward by Eurusdd. Anyway what i noticed today. If a transient zone is low probability for price to hit the zone then 2 transient zones will be even lower. Overlapping transient zones. Any significance? hmmm.. {image}
I don't necessarily agree with this. Instead, that entire price level is transient (but suspect).
Basically look at the formation...price between 2 lines = breakout.

How do you trade breakouts (nothing to do with DS or transient/recurrent, just a standard trading question)?
A pip is only worth it if you know how much you risked to earn it
  • #6,136
  • Aug 19, 2014 5:51am Aug 19, 2014 5:51am
Let's put it another way...

The bottom zones: price went there twice!! 2 times in how many bars?

So if price goes anywhere near there again then 1 of 3 things can happen:
a) the bet is that it will not go through the zone and bounce
b) the bet is it will go through the zone and pierce and return
c) the bet is it will go through and continue

Either way... price will not stay at 3343-44
A pip is only worth it if you know how much you risked to earn it
  • #6,137
  • Aug 19, 2014 5:52am Aug 19, 2014 5:52am
Quoting jurn_e
{quote} Please PM me your light as i am still in the dark.
me too, I see it just a bit then go and test and ...bummer.
Just don't seem to get it, so josh11 you PM could put me out of my misery too, please.
cheers
hannele
  • #6,138
  • Aug 19, 2014 5:53am Aug 19, 2014 5:53am
Quoting hannele
{quote} me too, I see it just a bit then go and test and ...bummer. Just don't seem to get it, so josh11 you PM could put me out of my misery too, please. cheers hannele
What went wrong?
A pip is only worth it if you know how much you risked to earn it
  • #6,139
  • Aug 19, 2014 5:57am Aug 19, 2014 5:57am
Nice to see your ideas Vlad. We took the same starting point and are in 2 quite different areas. It's nice to see your more "traditional" view on PA attached to the ideas that eurusdd set up. I will post something when I get home perhaps that should help everyone a little bit no matter their 'style' they choose to take with this knowledge.
"Mrrraggglhlhghghlgh"
  • #6,140
  • Aug 19, 2014 6:00am Aug 19, 2014 6:00am
Quoting LiquidGenius
Nice to see your ideas Vlad. We took the same starting point and are in 2 quite different areas. It's nice to see your more "traditional" view on PA attached to the ideas that eurusdd set up. I will post something when I get home perhaps that should help everyone a little bit no matter their 'style' they choose to take with this knowledge.
Let me PM you something! :-)
A pip is only worth it if you know how much you risked to earn it
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