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The similarity system

  • #6,201
  • Aug 19, 2014 11:01am Aug 19, 2014 11:01am
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.
I was referring to Dissimilarity based on my indicators.... not related to Trans/Recur Zones.
Cheers
A pip is only worth it if you know how much you risked to earn it
  • #6,202
  • Aug 19, 2014 11:03am Aug 19, 2014 11:03am
Quoting josh11
1.3322 next target for me! lets see
Already reached... do you mean again?! Don't be greedy! Let my short @ 17 play out! LOL
A pip is only worth it if you know how much you risked to earn it
  • #6,203
  • Aug 19, 2014 11:12am Aug 19, 2014 11:12am
Last scalp for the day. +5pips long.
Hope i am doing it right.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-08-20 at 12.09.48 AM.png Size: 41 KB
Pivot Boss in the making~
  • #6,204
  • Aug 19, 2014 11:13am Aug 19, 2014 11:13am
Quoting jurn_e
Last scalp for the day. +5pips long. Hope i am doing it right. {image}
Kicking A$$!
A pip is only worth it if you know how much you risked to earn it
  • #6,205
  • Aug 19, 2014 11:18am Aug 19, 2014 11:18am
Quoting vlady1974
{quote} 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)?
Hey Vlady, I am pretty sure that has got to do with a small price gap on his charts so the zone did not close. I had the same thing happening to me about 8 times in total when working with dsim zones.
  • #6,206
  • Aug 19, 2014 11:23am Aug 19, 2014 11:23am
seems like basically S/R strategy.....
It would be VERY HELPFUL if someone could summarize (in points/steps) the Eurusdd's method,
at least the valid understanding of it...
Thanks a lot to all clever minds here, of course my great respect for Eurusdd!
Mind is the King
  • #6,207
  • Aug 19, 2014 11:34am Aug 19, 2014 11:34am
Remember that we are faced with a very high-probability setup @ 1.3389+. So like I said before, don't bet against that . If you are selling, do so with caution before you end up in red! from now to Tomorrow is up!, news or no news because this setup is tight. Later.
  • #6,208
  • Aug 19, 2014 11:37am Aug 19, 2014 11:37am
Quoting MikiMax
seems like basically S/R strategy..... It would be VERY HELPFUL if someone could summarize (in points/steps) the Eurusdd's method, at least the valid understanding of it... Thanks a lot to all clever minds here, of course my great respect for Eurusdd!
If you distill it or simplify it to explain to someone, yes it behaves like S/R lines.
But it's not "like" that. In a small set of circumstances, the underlying trading behaviour is different.

Eg. transitions between bars.... which obviously is not support or resistence.


This is the danger of the "translation" part where we try and simplify the logic in order to educate.
But if you start translating it to a "S/R type of thingy" then you will lose some of the finer nuances of the probabilities.
A pip is only worth it if you know how much you risked to earn it
  • #6,209
  • Aug 19, 2014 11:44am Aug 19, 2014 11:44am
It is clear that most people still cannot see the massive opportunities they have with transient or recurrent prices. Please do not think of this as S/R because you will lose!
  • #6,210
  • Aug 19, 2014 11:45am Aug 19, 2014 11:45am
Quoting Eurusdd
Remember that we are faced with a very high-probability setup @ 1.3389+. So like I said before, don't bet against that . If you are selling, do so with caution before you end up in red! from now to Tomorrow is up!, news or no news because this setup is tight. Later.
Yes, I have been looking for 1.3363 and right now I am in red lets see how fast can it snap back
Right now the beast is calm
  • #6,211
  • Aug 19, 2014 11:46am Aug 19, 2014 11:46am
Quoting Eurusdd
It is clear that most people still cannot see the massive opportunities they have with transient or recurrent prices. Please do not think of this as S/R or you will lose!
I for one is still in the dark, i do admit i can't understand much but i do believe in your analysis.
Aiming Longs for tomorrow. Keke
Pivot Boss in the making~
  • #6,212
  • Aug 19, 2014 11:47am Aug 19, 2014 11:47am
Quoting Eurusdd
Remember that we are faced with a very high-probability setup @ 1.3389+. So like I said before, don't bet against that . If you are selling, do so with caution before you end up in red! from now to Tomorrow is up!, news or no news because this setup is tight. Later.
Don't know how to say thanks to you for this helpful guidance ....
  • #6,213
  • Aug 19, 2014 11:47am Aug 19, 2014 11:47am
Quoting feline207
{quote} Yes, I have been looking for 1.3363 and right now I am in red lets see how fast can it snap back
I am glad for once I am not the only one left behind in red. :-) Not a good day for me.
If you fall, I shall be there. - The floor
  • #6,214
  • Aug 19, 2014 11:47am Aug 19, 2014 11:47am
Quoting Eurusdd
Remember that we are faced with a very high-probability setup @ 1.3389+. So like I said before, don't bet against that . If you are selling, do so with caution before you end up in red! from now to Tomorrow is up!, news or no news because this setup is tight. Later.
Will you explain where this set up comes from eventually? =o
"Mrrraggglhlhghghlgh"
  • #6,215
  • Aug 19, 2014 11:50am Aug 19, 2014 11:50am
Quoting samaralala
{quote} I am glad for once I am not the only one left behind in red. :-) Not a good day for me.
Dont worry it will be climbing there soon
  • #6,216
  • Aug 19, 2014 11:51am Aug 19, 2014 11:51am
This is the whole idea. At any give time, the current price or price range wants to be recurrent(97%) rather than transient(3%). There lies your money. If you can see it, take it!!!
  • #6,217
  • Aug 19, 2014 11:55am Aug 19, 2014 11:55am
Quoting Eurusdd
It is clear that most people still cannot see the massive opportunities they have with transient or recurrent prices. Please do not think of this as S/R because you will lose!
Sure I won't do it !
It was just due to lack of fine/valid understanding...
I'd be obligated if someone who got the Eurusdd's point
could sum it all up in a few, practical steps.
Valdy, thanks for your response
Eurusdd, if you could find some minutes and provide us
with words and pictures and examples explained...would be GREAT !!!
Mind is the King
  • #6,218
  • Aug 19, 2014 11:59am Aug 19, 2014 11:59am
Quoting MikiMax
{quote} Sure I won't do it ! It was just due to lack of fine/valid understanding... I'd be obligated if someone who got the Eurusdd's point could sum it all up in a few, practical steps. Valdy, thanks for your response Eurusdd, if you could find some minutes and provide us with words and pictures and examples explained...would be GREAT !!!
Power is not in special cases - pictures - . Power lies in the general case, statement. "At any give time, the current price or price range wants to be recurrent(97%) rather than transient(3%)"

How I apply this idea exactly, I cannot share. I expect everyone to find her/his own level.
  • #6,219
  • Aug 19, 2014 11:59am Aug 19, 2014 11:59am
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!
The fractal divergence indy #5274 (http://www.forexfactory.com/showthread.php?p=7670132#post7670132) prints unresolved problems at 1.3363 (M30, FXCM) and 1.3399 (H1, FXCM)...
  • #6,220
  • Aug 19, 2014 11:59am Aug 19, 2014 11:59am
Quoting burnssss
{quote} Waez, For what reason your bands are wider than some other ?, size of the candle? Thank you very much
Hi burnssss, I think the width is the same for each zone. Or do you mean the difference in height (?) caused by the difference between the two Candles creating the zone?

Regards

Waez
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