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The similarity system

  • #6,381
  • Aug 20, 2014 6:48am Aug 20, 2014 6:48am
im long at 82. may scalp or hold
  • #6,382
  • Aug 20, 2014 6:49am Aug 20, 2014 6:49am
i hope it has a little momentum to push up
  • #6,383
  • Aug 20, 2014 6:55am Aug 20, 2014 6:55am
The gap at 1.33127 From the Asian session is still there. Anyone showing an inefficiency there?
Attached Image (click to enlarge)
Click to Enlarge Name: gap.png Size: 25 KB
  • #6,384
  • Aug 20, 2014 6:56am Aug 20, 2014 6:56am
Quoting hepsibah
{quote} Just thinking out loud here so bear with me. The probability of a transient zone being a long term turning point is very low and the smaller h is, the lower this probability becomes. In other words, the probability of a transient zone with a low h (provided it is not within a TZ with a much larger h) being subsequently taken out is high. So instead of looking for the optimum h for long term turning points (low probability), why not assume that short term TZ's with small h are going to be taken out (high probability). If this holds up, I...
Can you show a example with chart?
Pivot Boss in the making~
  • #6,385
  • Aug 20, 2014 6:58am Aug 20, 2014 6:58am
spot on.
[quote=samaralala;7686482]
Quoting ephisi
the usdollar is very strong right now. been watching bloomberg allday as i dont open any other charts other than eurusd. im very loyal. i believe the fomc will take us more down/ price is news and news is price. {quote}[/quote 2-year German auction bonds. 0% yield!! Not good .
  • #6,386
  • Aug 20, 2014 6:59am Aug 20, 2014 6:59am
Quoting ephisi
spot on.
That's what's concerning me. The strong dollar move is almost pricing in FOMC? Could be ranging from now until Fri.
A pip is only worth it if you know how much you risked to earn it
  • #6,387
  • Aug 20, 2014 7:00am Aug 20, 2014 7:00am
[quote=ephisi;7686509]spot on.
Quoting samaralala
{quote}

Yes but as i said previously, with all the facts presented to me - I am insane. I am LONG!
If you fall, I shall be there. - The floor
  • #6,388
  • Aug 20, 2014 7:01am Aug 20, 2014 7:01am
Eurozone generally is messed up from spain to germany to france. Mario draghi also says eurusd is overpriced and needs to weaken

[quote=samaralala;7686482]
Quoting ephisi
the usdollar is very strong right now. been watching bloomberg allday as i dont open any other charts other than eurusd. im very loyal. i believe the fomc will take us more down/ price is news and news is price. {quote}[/quote 2-year German auction bonds. 0% yield!! Not good .
  • #6,389
  • Aug 20, 2014 7:02am Aug 20, 2014 7:02am
we have found a temporary bottom at 74. longs longs have hope
  • #6,390
  • Aug 20, 2014 7:03am Aug 20, 2014 7:03am
Holding my longs from here on out. Except we take out todays low. no more shorts till we attemt to take out 74 todays low
Quoting ephisi
we have found a temporary bottom at 74. longs longs have hope
  • #6,391
  • Aug 20, 2014 7:04am Aug 20, 2014 7:04am
[quote=ephisi;7686517]Eurozone generally is messed up from spain to germany to france. Mario draghi also says eurusd is overpriced and needs to weaken
Quoting samaralala
{quote}

Yes correct but Fragi/DRAGI also said he is HAPPY to be LIKE NOVEMBER! check it out if you don't believe me.
If you fall, I shall be there. - The floor
  • #6,392
  • Aug 20, 2014 7:09am Aug 20, 2014 7:09am
i dont have a crystal ball but i see news in price and it works for me 80percent of the time. if i had a short right no of + 50pips i would hold into focm statement. either i get stopped out or i could get some major pips.

Quoting vlady1974
{quote} That's what's concerning me. The strong dollar move is almost pricing in FOMC? Could be ranging from now until Fri.
  • #6,393
  • Aug 20, 2014 7:10am Aug 20, 2014 7:10am
But im long right now. just following what i see
  • #6,394
  • Aug 20, 2014 7:11am Aug 20, 2014 7:11am
im insane also. i am long
[quote=samaralala;7686516]
Quoting ephisi
spot on. {quote} Yes but as i said previously, with all the facts presented to me - I am insane. I am LONG!
  • #6,395
  • Aug 20, 2014 7:12am Aug 20, 2014 7:12am
ok bro. what exactly did he say. i guess i missed that
[quote=samaralala;7686525]
Quoting ephisi
Eurozone generally is messed up from spain to germany to france. Mario draghi also says eurusd is overpriced and needs to weaken {quote} Yes correct but Fragi/DRAGI also said he is HAPPY to be LIKE NOVEMBER! check it out if you don't believe me.
  • #6,396
  • Aug 20, 2014 7:17am Aug 20, 2014 7:17am
Quoting vlady1974
{quote} Longs @ 78,79,81,92 Longs above 3300 stopped out (total -10x3) but lesson learned re the taking out of TZ. I've clearly not adapted it to my Bollinger Style yet because I've had all sorts of sell signals once below 3300. Should have closed the longs on retest and fail of 3304.
Im in the same boat as you Vlady, I had all the signals of a short and I ignored them to adjust the new method into my system This is my first loss on my REAL and demo acc in 50+ trades, pa is not looking good for longs atm.
  • #6,397
  • Aug 20, 2014 7:17am Aug 20, 2014 7:17am
Quoting ephisi
From my own style of trading i have observed that the zones coincide with my pivots and mas on all time frames most times. so i would say a yes and no depends on how you combine the principle with your own trading strategy. when the zones coincide with your mas then your strategy works better. the recurrent transient principle has greatly refined my entries and exits. most times i dont get more that 2pip drawdown @ eurusdd would know better anyway. EDITED POST {quote}
hi! ephisi, Im sure many wanted follow your way of trading. I hope you can show you chart so we can learn from you and have eureka moments too. Thanks!
  • #6,398
  • Aug 20, 2014 7:17am Aug 20, 2014 7:17am
Quoting Eurusdd
optimal time to buy eurusd.
Attached Image
  • #6,399
  • Aug 20, 2014 7:19am Aug 20, 2014 7:19am
Quoting Sciurus
The gap at 1.33127 From the Asian session is still there. Anyone showing an inefficiency there? {image}
Yes, I am looknig for retrace of the whole move until 1.3355 at least.
  • #6,400
  • Aug 20, 2014 7:20am Aug 20, 2014 7:20am
i will do that> focused on trading right now.

Quoting mario777
{quote} hi! ephisi, Im sure many wanted follow your way of trading. I hope you can show you chart so we can learn from you and have eureka moments too. Thanks!
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