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The similarity system

  • #6,421
  • Aug 20, 2014 7:41am Aug 20, 2014 7:41am
ephisi - good call on EU long
  • #6,422
  • Aug 20, 2014 7:47am Aug 20, 2014 7:47am
understood bro

[quote=tashkent;7686608]
Quoting ephisi
are you saying there will be no currency market soon and only gold will be traded? i dont get your point {quote} no all i am saying is that there MUST be grandiose changes coming to financial system (the question is when), there is no other way around. CYCLES my friend. let's not get too deep into this. let's make money!
  • #6,423
  • Aug 20, 2014 7:49am Aug 20, 2014 7:49am
honestly i just looked at my lower band on bolinger. from 4hrtf downwards are strongly below zero. we are going to have a burial for bears soon and i wont be one off them. im preparing to short this baby towards the bottom. eurusdd style. watching to see if i will enter short or reenter long
  • #6,424
  • Aug 20, 2014 7:53am Aug 20, 2014 7:53am
If Bears cannot close it below 1.3274 in next 3 hrs longs are in play to much higher levels, Already looking like that.
  • #6,425
  • Aug 20, 2014 7:53am Aug 20, 2014 7:53am
Quoting josh11
1.3290 my next target!! lets see
Target hit again OMG.... Eurusdd thank you so much, no loses yet

Just to let you know I have just double my live account

It feel Great to know how the market really works!

Everything is here on this thread guy just keep reading exp Eurusdd posts
  • #6,426
  • Aug 20, 2014 7:58am Aug 20, 2014 7:58am
Quoting feline207
{quote} Market adapts to our behavior. If we start learning the tricks, it will come with new stuff... But one thing is for sure, it is always up or down! That is why it is not a good idea to think what most are thinking, because it surely wont bring profits in the lon run... That MA - trend follower may have got his moment today, but the minutet we stop with the pronounced and clear extended moves, he is dead. that is what has been bothering me for eurusdd concepts. They work exceptional when market has no clear direction and is clearing both...

Agreed. Sometimes a little knowledge is a dangerous thing. I am following the concepts of this thread, but I stick to trading what I am familiar with.
  • #6,427
  • Aug 20, 2014 7:59am Aug 20, 2014 7:59am
im short at 83. taking a break

bearsih pinbar about to be confirmed on 1hr candle. 4hr bullish pin bar invalidated. Taken a short now. if it plays out i will hold short till fomc and take a break, scalping requires lots of concentration and its braindrainig. its wort the trouble though
  • #6,428
  • Aug 20, 2014 7:59am Aug 20, 2014 7:59am
[quote=josh11;7686643]{quote} Target hit again OMG.... Eurusdd thank you so much, no loses yet Just to let you know I have just double my live account It feel Great to know how the market really works! Everything is here on this thread guy just keep reading exp Eurusdd posts
A pip is only worth it if you know how much you risked to earn it
  • #6,429
  • Aug 20, 2014 8:01am Aug 20, 2014 8:01am
Thanks bro and more thanks to our master @eurusdd. he is the lionel messi of this pair.

Quoting handy148
ephisi - good call on EU long
  • #6,430
  • Aug 20, 2014 8:02am Aug 20, 2014 8:02am
Quoting ephisi
im short at 83. taking a break bearsih pinbar about to be confirmed on 1hr candle. 4hr bullish pin bar invalidated. Taken a short now. if it plays out i will hold short till fomc and take a break, scalping requires lots of concentration and its braindrainig. its wort the trouble though
Me too!
A pip is only worth it if you know how much you risked to earn it
  • #6,431
  • Aug 20, 2014 8:04am Aug 20, 2014 8:04am
thank you eurusd and madmoney for this great thread!
dear Traders, i have a Problem with the cycleIndi..i loaded the indi, use standart Settings 1-10-4 and 1-50-4 but not all the Spikes are showing...can u help please?
thank you all cheers mex
Attached Image (click to enlarge)
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  • #6,432
  • Aug 20, 2014 8:06am Aug 20, 2014 8:06am
[quote=josh11;7686643]{quote} Target hit again OMG.... Eurusdd thank you so much, no loses yet Just to let you know I have just double my live account It feel Great to know how the market really works! Everything is here on this thread guy just keep reading exp Eurusdd posts
A pip is only worth it if you know how much you risked to earn it
  • #6,433
  • Aug 20, 2014 8:06am Aug 20, 2014 8:06am
I have studied eurusdd and i understand he is giving us bits and pieces. if he were to give us all at once we wont be able to handle it. thats why i said he is a good teacher. i would love to be his student in a class. he sparks you to think. and dosnt spoonfeed us. when eurusdd comes back he will teach us more. whats hes given us is enuf to make me a billionaire.
Quoting Blackeagle
{quote} He did not give probability for 3389 call. A couple of weeks ago on EURUSD thread, when price was at 3340ish, he said it would bounce to 3397 with 99.xxxx % probability (then everyone on EURUSD thread was bearish) and then drop back to 3336 as 3397 was unsustainable. After his call, price shot to 3397 (and many people shorted at 3397 to book profit at 3336) and even further up to 3432, and all those scalpers shorted at 3397 got stopped out and many people on the thread mocked him saying price wouldn't go back to 3336 but a couple of days...
  • #6,434
  • Aug 20, 2014 8:10am Aug 20, 2014 8:10am
i disagree feline. EURUSD came at a time when the market was ranging. hes never been with us in a trend market since i joined here. im sure he would trade differently now. many here are using his concepts right now in addition with their strategy and making pips. at least you have seen the callls i made today. check the time i made the calls and check price i posted immediately. judge from my result. all those calls were made using eurusdds strategy.
Quoting feline207
{quote} Market adapts to our behavior. If we start learning the tricks, it will come with new stuff... But one thing is for sure, it is always up or down! That is why it is not a good idea to think what most are thinking, because it surely wont bring profits in the lon run... That MA - trend follower may have got his moment today, but the minutet we stop with the pronounced and clear extended moves, he is dead. that is what has been bothering me for eurusdd concepts. They work exceptional when market has no clear direction and is clearing both...
  • #6,435
  • Aug 20, 2014 8:11am Aug 20, 2014 8:11am
Quoting josh11
{quote} Target hit again OMG.... Eurusdd thank you so much, no loses yet Just to let you know I have just double my live account It feel Great to know how the market really works! Everything is here on this thread guy just keep reading exp Eurusdd posts
Good job! could you share how you did it?
Pivot Boss in the making~
  • #6,436
  • Aug 20, 2014 8:13am Aug 20, 2014 8:13am
EURUSDD has givven us different toos, how you use it is up to you. i observed that the similarity principle is quick to work out in range markets faster. but in trends it could take days if not weeks or years to play out. How did i find out? i backtested
  • #6,437
  • Aug 20, 2014 8:15am Aug 20, 2014 8:15am
Quoting jurn_e
{quote} Good job! could you share how you did it?
Not just yet! I am still testing, I will tell you my calls but like I said testing at the moment so if you follow its at your own risk!

I have done 11 trades all winners
  • #6,438
  • Aug 20, 2014 8:19am Aug 20, 2014 8:19am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
This is what I was referring too earlier when I said we had gone through multiple transient levels.
Even if I adjust the h size to a high number we would still seem most if not all of those levels. So those levels must be right.

My theory is that what we are seeing today is quite rare. Going through 3 levels like that.

So what has the highest probability...going through a fourth transient level or going up?

I make no advice on what you should do...

This is on H4 TF

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 16 KB
An expert is a man who has made all the mistakes which can be made
  • #6,439
  • Aug 20, 2014 8:21am Aug 20, 2014 8:21am
closed short. need a break -9 . will keep posting though and watch for direction

it may go back down to 74 from here. but my brain needs rest. will stop trading for today
  • #6,440
  • Aug 20, 2014 8:22am Aug 20, 2014 8:22am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Neio
This is what I was referring too earlier when I said we had gone through multiple transient levels. Even if I adjust the h size to a high number we would still seem most if not all of those levels. So those levels must be right. My theory is that what we are seeing today is quite rare. Going through 3 levels like that. So what has the highest probability...going through a fourth transient level or going up? I make no advice on what you should do... This is on H4 TF {image}

The only other thing that I could think of that could invalidate those transient levels is that they have to be a minimum pip height to be valid.
An expert is a man who has made all the mistakes which can be made
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