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The similarity system

  • #6,261
  • Aug 19, 2014 3:13pm Aug 19, 2014 3:13pm
Quoting vlady1974
{quote} Pending buys @ 3310
7 hours ago

Attached Image
Get Rich or Die Tryin
  • #6,262
  • Aug 19, 2014 3:30pm Aug 19, 2014 3:30pm
Quoting hoom
{quote} 7 hours ago {image}
i decided not to use pending orders after a few bad experiences... probably coz did not know much about TRZ lol
your trade explorer looks great. keep it up
As Above, So Below
  • #6,263
  • Aug 19, 2014 4:08pm Aug 19, 2014 4:08pm
I wish I could understand half the stuff being discussed here..
  • #6,264
  • Aug 19, 2014 4:17pm Aug 19, 2014 4:17pm
Quoting cenetti
I wish I could understand half the stuff being discussed here..
Just read the whole stuff , bring in a paper and a pen , and apply what you see on a demo account . if you don't have time to do that then that's up to you .
Get Rich or Die Tryin
  • #6,265
  • Aug 19, 2014 4:20pm Aug 19, 2014 4:20pm
Quoting tashkent
{quote} i decided not to use pending orders after a few bad experiences... probably coz did not know much about TRZ lol your trade explorer looks great. keep it up
Get Rich or Die Tryin
  • #6,266
  • Aug 19, 2014 4:32pm Aug 19, 2014 4:32pm
Quoting hoom
{quote}
Hoom! Sorry to disappoint buddy. It's a new day! I've removed my pending longs. Not because I don't think they are valid but I've had a little time to look at higher tf chats and think that price needs one good shove in order to go north.

So my strategy is to see what Asia does. If she holds a range, I will be looking for any Franky fakes to the southside. If that happens to break 3310 then I am in.
However, if tonight Asia takes her down to 3310 but no further, I think we could see a challenge of 3295 with a violent retrace back to 3337.

That's why I took the pending off. I don't think this will travel down in a nice straight or curved line. Could be a jagged edge. LOL
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A pip is only worth it if you know how much you risked to earn it
  • #6,267
  • Aug 19, 2014 4:53pm Aug 19, 2014 4:53pm
Quoting vlady1974
{quote} Hoom! Sorry to disappoint buddy. It's a new day! I've removed my pending longs. Not because I don't think they are valid but I've had a little time to look at higher tf chats and think that price needs one good shove in order to go north. So my strategy is to see what Asia does. If she holds a range, I will be looking for any Franky fakes to the southside. If that happens to break 3310 then I am in. However, if tonight Asia takes her down to 3310 but no further, I think we could see a challenge of 3295 with a violent retrace back to 3337....
HI vlady1974 ,
nothing dissapointing my friend , as I said in EU thread ,

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I am taking opportunity for a retrace in case 3300 is very well defended noting that real money bids remain in 3310 area . Still I am convinced that this Cross has to make a real dip in order to reverse as we all now how it plays such games to confuse traders .
Get Rich or Die Tryin
  • #6,268
  • Aug 19, 2014 7:30pm Aug 19, 2014 7:30pm
Some quick and general notes for people. First, I'm running a macro that's calculating 7 different values which I'm using to help me take a deeper look at the data. I'm using 2 pieces of that data to find a ratio. That ratio is wrong(constantly giving me numbers >1). My code is buggy! Even so, I'm thinking at this point that the other values are correct. Thus, take these numbers with a grain of salt and get to work if you decide to use them (:

1. Size (kinda) matters. In general if a LTB (left-side transient bar) has a small transient range, it's slightly more likely to become a recurrent bar (over 65%)
2. In the correct market and with the correct h, you're almost guaranteed at least 1 LTB (between 2 true transient bars )that will later become recurrent.
3. Some people have asked some really really good questions that eurusdd has answered.

A lot of the other numbers are specific to my h and time frame, so I don't want to make generalized comments for things that may not be true for other people. I will say that the number of transient bars the exist mid trend are not very common (<8%)
"Mrrraggglhlhghghlgh"
  • #6,269
  • Aug 19, 2014 8:27pm Aug 19, 2014 8:27pm
optimal time to buy eurusd.
  • #6,270
  • Aug 19, 2014 9:09pm Aug 19, 2014 9:09pm
Quoting Eurusdd
optimal time to buy eurusd.
Long half size
Pivot Boss in the making~
  • #6,271
  • Aug 19, 2014 9:29pm Aug 19, 2014 9:29pm
Quoting kprsa
{quote} Scratch that, probability to go to 1.3312 now is small, less than 4% in the next 12 hours... Sorry.
Well, that didn't quite work...
  • #6,272
  • Aug 19, 2014 10:08pm Aug 19, 2014 10:08pm
Morning All,
Looks like Asia did what she was gonna.
Long @ 3305, pending longs @ 3295
Will add more as she develops.
A pip is only worth it if you know how much you risked to earn it
  • #6,273
  • Aug 19, 2014 10:17pm Aug 19, 2014 10:17pm
Quoting kprsa
{quote} Well, that didn't quite work...
Keep the algo and see if it's contrarian!
A pip is only worth it if you know how much you risked to earn it
  • #6,274
  • Aug 19, 2014 10:21pm Aug 19, 2014 10:21pm
Quoting Eurusdd
optimal time to buy eurusd.
Thanks for the call Eurusdd. I just see this post, and have put a buy, with target arrount 1.3387 ...
  • #6,275
  • Aug 19, 2014 10:28pm Aug 19, 2014 10:28pm
If 1.33 gets broken there's not a lot of support below.
  • #6,276
  • Aug 19, 2014 10:43pm Aug 19, 2014 10:43pm
use a magnifying glass. im sure u will find major support 1.3294
Quoting handy148
If 1.33 gets broken there's not a lot of support below.
  • #6,277
  • Aug 19, 2014 10:54pm Aug 19, 2014 10:54pm
Yes that's the last "significant" swing low and the next "significant" one for me is way below.
  • #6,278
  • Aug 19, 2014 10:58pm Aug 19, 2014 10:58pm
Quoting handy148
Yes that's the last "significant" swing low and the next "significant" one for me is way below.
  • #6,279
  • Aug 19, 2014 11:02pm Aug 19, 2014 11:02pm
Hey guys, i've been following this thread for a while and the system looks amazing. I'd like to test it for myself too though...

I can't seem to find the posts with the indicators that are used...

Can someone point me to them? I'd be realy greatfull if somebody did that.

I think i have one of them: Fractal_Zones.ex4

But i do not know if there were changes made on it. The other one i don't have (the thing that looks like ketlers channels).

Have a nice one,

Emil
  • #6,280
  • Aug 19, 2014 11:18pm Aug 19, 2014 11:18pm
Quoting phdmonster
Hey guys, i've been following this thread for a while and the system looks amazing. I'd like to test it for myself too though... I can't seem to find the posts with the indicators that are used... Can someone point me to them? I'd be realy greatfull if somebody did that. I think i have one of them: Fractal_Zones.ex4 But i do not know if there were changes made on it. The other one i don't have (the thing that looks like ketlers channels). Have a nice one, Emil
I'm using this one:
http://www.forexfactory.com/showthread.php?p=7682396#post7682396
Although I don't have much use for the statistics or the channel; I mostly just use to spot the fractals
"Mrrraggglhlhghghlgh"
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