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The similarity system

  • #6,181
  • Aug 19, 2014 9:36am Aug 19, 2014 9:36am
Quoting Eurusdd
Ok fellow traders. I got this important information that I would like to share with you. There is a serious mis-price formed at 1.3405. There is a 2nd degree problem at 1.3344. This points to the development of a new trend. So, I will urge bears to be careful. Today or by friday eurusd is heading in that direction for correction and maybe continuation!!! I am sorry for returning!

hmmmm???? are we suppose to different time frame to obtain different transient zones? this is the one I obtained on the one hour, using H of 18
Attached Image (click to enlarge)
Click to Enlarge Name: hmmm.jpg Size: 415 KB
  • #6,182
  • Aug 19, 2014 9:38am Aug 19, 2014 9:38am
Quoting Waez
{quote} Looks like the price is testing the area from 07/11-13 on Daily. {image} 2nd degrre problem=big gap in the tickdata? Regards Waez
Waez,
For what reason your bands are wider than some other ?, size of the candle?
Thank you very much
  • #6,183
  • Aug 19, 2014 9:44am Aug 19, 2014 9:44am
Quoting Eurusdd
Ok fellow traders. I got this important information that I would like to share with you. There is a serious mis-price formed at 1.3405. There is a 2nd degree problem at 1.3344. This points to the development of a new trend. So, I will urge bears to be careful. Today or by friday eurusd is heading in that direction for correction and maybe continuation!!! I am sorry for returning!
I could be wrong, but I believe this to be caused by the gap down on Sunday evening. It creates a false swing top and swing bottom on the 1H.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-1H.JPG Size: 81 KB
A pip is only worth it if you know how much you risked to earn it
  • #6,184
  • Aug 19, 2014 9:47am Aug 19, 2014 9:47am
Hi

Anyone facing the problem with indicator fractal zones whereby after a particular timeframe's candle closes, the zones will be gone?
have to manually refresh it to show the zones again.
Pivot Boss in the making~
  • #6,185
  • Aug 19, 2014 9:49am Aug 19, 2014 9:49am
Quoting sunrisetofu
{quote} hmmmm???? are we suppose to different time frame to obtain different transient zones? this is the one I obtained on the one hour, using H of 18 {image}
Not sure of your question Sunrise!
A pip is only worth it if you know how much you risked to earn it
  • #6,186
  • Aug 19, 2014 9:49am Aug 19, 2014 9:49am
Quoting jurn_e
Hi Anyone facing the problem with indicator fractal zones whereby after a particular timeframe's candle closes, the zones will be gone? have to manually refresh it to show the zones again.
Yes, I noticed that last night. Just refresh it.
A pip is only worth it if you know how much you risked to earn it
  • #6,187
  • Aug 19, 2014 9:51am Aug 19, 2014 9:51am
Quoting jurn_e
Hi Anyone facing the problem with indicator fractal zones whereby after a particular timeframe's candle closes, the zones will be gone? have to manually refresh it to show the zones again.

yes. same here.
  • #6,188
  • Aug 19, 2014 10:08am Aug 19, 2014 10:08am
Quoting vlady1974
{quote} I could be wrong, but I believe this to be caused by the gap down on Sunday evening. It creates a false swing top and swing bottom on the 1H. {image}
Hi Vlady, first of all thanks for doing alot of the explaining here on the thread, I appreciate it. Im still not quite sure how you can use these zones to make trades, for example, on the 1 min chart, I use an H of 15, I saw a potential first leg of the zone forming (I.e. 15 bars with the last one being the lowest). the next 3bars confirmed it by going higher. so I bought thinking that prices are bouncing off a possible zone. however the 4 th bar went much lower and through the half leg already established.... is this what you mean in your earlier posts about having stop and moving to BE?Thanks, Sunrisetofu
  • #6,189
  • Aug 19, 2014 10:13am Aug 19, 2014 10:13am
Just 3 trades today based on my little knowledge of transient and recurrent zones.
All 3 trades are scalps and TP before the next transient zones.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-08-19 at 11.08.55 PM.png Size: 62 KB
Pivot Boss in the making~
  • #6,190
  • Aug 19, 2014 10:23am Aug 19, 2014 10:23am
Quoting Eurusdd
Ok fellow traders. I got this important information that I would like to share with you. There is a serious mis-price formed at 1.3405. There is a 2nd degree problem at 1.3344. This points to the development of a new trend. So, I will urge bears to be careful. Today or by friday eurusd is heading in that direction for correction and maybe continuation!!! I am sorry for returning!

We are so happyyy to get you back ....
  • #6,191
  • Aug 19, 2014 10:26am Aug 19, 2014 10:26am
Yes, I have 1.3336 for sure, but I also had 1.3295 on a longer time frame chart that was not "corrected". Thank you for the reply.

This was from a (pm) on 8/11/2014

Still valid in my opinion.
  • #6,192
  • Aug 19, 2014 10:30am Aug 19, 2014 10:30am
Vlady1974 - I was going to ask a question on that regarding whether gaps on a Sunday will invalidate or maybe give a false reading.
  • #6,193
  • Aug 19, 2014 10:33am Aug 19, 2014 10:33am
Quoting LiquidGenius
{quote} Welp, looks like you can't leave again until 1.3405 is solved. (:
Haha yes ...I really hope that he stays until 1.6038 is solved ...Really , I swear there is a 4th level mispricing there Just wait and see! It is like a black hole sucks everything.
  • #6,194
  • Aug 19, 2014 10:35am Aug 19, 2014 10:35am
Quoting handy148
Vlady1974 - I was going to ask a question on that regarding whether gaps on a Sunday will invalidate or maybe give a false reading.
No they do not.
  • #6,195
  • Aug 19, 2014 10:38am Aug 19, 2014 10:38am
Quoting Ralome
{quote} Here you go. I haven't tested them, but all my old stuff worked perfectly in 600+ after correcting minor errors, so, these should work fine too. {file} {file}
Thank you very much Ralome. Work perfectly in Build 670 Has been helpful.
Greetings
Those who are sure of the result, can afford to wait without anxiety.
  • #6,196
  • Aug 19, 2014 10:39am Aug 19, 2014 10:39am
Quoting vlady1974
{quote} Maybe part of the mystery is because of his bias. Clearly he was biased short. But in terms of entry, each sideways move was capped by a levels that define the zones as we've described them. Notice that when price moved down, there move to challenge his entry instead it was just a retracement at best. And when it did move lower for the final sideways movement, he entered in the Recurrent Area (which matched my 3350 line) and waited for the breakout south. You would probably ask, but what if price had gone up? I don't know. I like to move...
yes but he had some sort of short sentiment for that pair that probably had come from other analysis. maybe that is what we all have to do.. try to incorporate that principles we learn from this thread with other knowledge and find them a good place in our trading approach.
  • #6,197
  • Aug 19, 2014 10:42am Aug 19, 2014 10:42am
Quoting feline207
{quote} yes but he had some sort of short sentiment for that pair that probably had come from other analysis. maybe that is what we all have to do.. try to incorporate that principles we learn from this thread with other knowledge and find them a good place in our trading approach.
Yep, that's what I've been saying all along - as long as we all agree what the principles are. Should be great!
A pip is only worth it if you know how much you risked to earn it
  • #6,198
  • Aug 19, 2014 10:42am Aug 19, 2014 10:42am
But ye are using recurrent area?
I thought the way to use it is as of picture below.
The biggest problem is to get "k" correctly.
"h" is a function of Timeframe and "k".
Attached Image (click to enlarge)
Click to Enlarge Name: mia.JPG Size: 140 KB
  • #6,199
  • Aug 19, 2014 10:57am Aug 19, 2014 10:57am
1.3322 next target for me! lets see
  • #6,200
  • Aug 19, 2014 11:00am Aug 19, 2014 11:00am
Quoting burnssss
But ye are using recurrent area? I thought the way to use it is as of picture below. The biggest problem is to get "k" correctly. "h" is a function of Timeframe and "k". {image}
Hi Burnssss,
It's the other way around... Transition is inside the boxes. Everything else around is recurrent.

Question: How did you get the most recent box to appear inside the bar (ie. not at a top or bottom)?
A pip is only worth it if you know how much you risked to earn it
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