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The similarity system

  • #6,441
  • Aug 20, 2014 8:25am Aug 20, 2014 8:25am
Quoting josh11
{quote} 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
Thanks.

Am still long since Asian.
Pivot Boss in the making~
  • #6,442
  • Edited 8:47am Aug 20, 2014 8:35am | Edited 8:47am
similarity will not play out quickly in a trending market. transient zones made tons of pips today if you know how to apply the principle the way eurusdd does

edit eurusdd told us the move back up will be as fast or slow as the move down
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...
  • #6,443
  • Edited 8:56am Aug 20, 2014 8:35am | Edited 8:56am
Quoting Eurusdd
optimal time to buy eurusd.
wow.. looks like your demo account has blown up. yesterday i saw you had long from 1.3320 and 1.3328 with very high leverage (1:100+ each so account leverage was 1:200+). when eurusd went under 1.3280, you likely lost 100%.

please show us the explorer if this is not correct.
  • #6,444
  • Aug 20, 2014 8:45am Aug 20, 2014 8:45am
@vlady1974 i hope you closed your longs? are u still short @ 83?. if she goes down after i exit my short i will
  • #6,445
  • Aug 20, 2014 8:51am Aug 20, 2014 8:51am
in my experience down moves are much faster than up moves - of course it's not an exact science.
  • #6,446
  • Aug 20, 2014 8:57am Aug 20, 2014 8:57am
gravity effect i guess.

Quoting handy148
in my experience down moves are much faster than up moves - of course it's not an exact science.
  • #6,447
  • Aug 20, 2014 8:57am Aug 20, 2014 8:57am
This eurusd bull looks to me like a 4hr 5sma retracement. i believe we are going back to the bottom. bulls be careful. im done trading for today. i got a short at 87 10stop. holding till fomc. too tired to scalp
  • #6,448
  • Aug 20, 2014 8:59am Aug 20, 2014 8:59am
lol 4hr 5sma retracement trying to manifest. i learnt that in the days of karmo and auslanco.

Quoting ephisi
This eurusd bull looks to me like a 4hr 5sma retracement. i believe we are going back to the bottom. bulls be careful. im done trading for today. i got a short at 87 10stop. holding till fomc. too tired to scalp
  • #6,449
  • Aug 20, 2014 9:00am Aug 20, 2014 9:00am
Quoting velox
{quote} wow.. looks like your demo account has blown up. yesterday i saw you had long from 1.3320 and 1.3328 with very high leverage (1:100+ each so account leverage was 1:200+). when eurusd went under 1.3280, you likely lost 100%. please show us the explorer if this is not correct.
woooww someone new and dont read a lot of this thread. so it means you dont know nothing about eurusdd trading. he is looking for only 1-10 pips and when he wrote optimal time for buy, yes it was optimum time for some pips and I am almost sure he took it and close trade !!
  • #6,450
  • Aug 20, 2014 9:02am Aug 20, 2014 9:02am
Im out guys! happy Piping. will check back at fomc release
  • #6,451
  • Aug 20, 2014 9:04am Aug 20, 2014 9:04am
Quoting handy148
in my experience down moves are much faster than up moves - of course it's not an exact science.
That why it's called long and short!!
  • #6,452
  • Aug 20, 2014 9:12am Aug 20, 2014 9:12am
Previous messages were hashed up by the phone - apologies.

Yes, I was out of longs for a net of -3 on 5 of those bad boys which was better than what it could've been.
Tried to scalp some longs and shorts and I won 2 lost 2, meh.

Been called away left right and centre so I'm distracted now.

Josh, your analysis thus far, is that on 5M or do you use all sorts to get your final projections?
A pip is only worth it if you know how much you risked to earn it
  • #6,453
  • Aug 20, 2014 9:13am Aug 20, 2014 9:13am
  •  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}

On reflection....

...of course it could still go down but what I am trying to say is that based on what Eurusdd said it should not keep on creating levels without taking them out.
An expert is a man who has made all the mistakes which can be made
  • #6,454
  • Aug 20, 2014 9:15am Aug 20, 2014 9:15am
Quoting vlady1974
Previous messages were hashed up by the phone - apologies. Yes, I was out of longs for a net of -3 on 5 of those bad boys which was better than what it could've been. Tried to scalp some longs and shorts and I won 2 lost 2, meh. Been called away left right and centre so I'm distracted now. Josh, your analysis thus far, is that on 5M or do you use all sorts to get your final projections?
I am trading the 15mins chart mate
  • #6,455
  • Aug 20, 2014 9:16am Aug 20, 2014 9:16am
Eurusdd trade explorer was removed.
  • #6,456
  • Aug 20, 2014 9:17am Aug 20, 2014 9:17am
Quoting josh11
{quote} I am trading the 15mins chart mate
Cool! Even better, that's the one I like. Cheers matey, keep em coming!
A pip is only worth it if you know how much you risked to earn it
  • #6,457
  • Aug 20, 2014 9:21am Aug 20, 2014 9:21am
Quoting tbird2121
{quote} Hi Vlady, I have short signal for USD/CHF => 0.9046-0.9051 ... does it mean that EUR/USD will go up ? Thanks
Euro and USD are obviously inversely related so if there is a signal for Dollar weakness we do LOOK for signs of EUR strength.
The caveat is that you need to see what other currency is tied to the dollar that may reduce or amplify the effect.

Eg. If UJ (USDYEN) and EJ (EURYEN) are both going up, you'll find EU is flatter than what you would have expected. If UJ and EJ are invers, the EJ and EU are in sync... etc etc etc. Some news spikes will effect EU exclusively whilst others not. GU up doesn't always mean EU up... etc

So my "knee-jerk reaction" is Yes, EU should go up if USDCHF is going down. But always validate that with signals or other news.
A pip is only worth it if you know how much you risked to earn it
  • #6,458
  • Aug 20, 2014 9:21am Aug 20, 2014 9:21am
Quoting matkooo2575
{quote} woooww someone new and dont read a lot of this thread. so it means you dont know nothing about eurusdd trading. he is looking for only 1-10 pips and when he wrote optimal time for buy, yes it was optimum time for some pips and I am almost sure he took it and close trade !!
Clearly you didnt see his trades from yesterday. He took these position at 8:34 ny time (1.3328) and 10:30ish ny time (1.3320) and was still holding these till evening since as you know he doesnt like to take loss.

Also someone else also asked eurusdd about one of these trades yesterday.

PS: if you think only people who post a lot are one following this thread you are mistaken. there are lot of people who dont post because they spend their energy in listening to what is being said and post infrequently.
  • #6,459
  • Aug 20, 2014 9:22am Aug 20, 2014 9:22am
Quoting ephisi
This eurusd bull looks to me like a 4hr 5sma retracement. i believe we are going back to the bottom. bulls be careful. im done trading for today. i got a short at 87 10stop. holding till fomc. too tired to scalp
Scalping long dude. Eyeing 3295ish
A pip is only worth it if you know how much you risked to earn it
  • #6,460
  • Aug 20, 2014 9:24am Aug 20, 2014 9:24am
Quoting vlady1974
{quote} Euro and USD are obviously inversely related so if there is a signal for Dollar weakness we do LOOK for signs of EUR strength. The caveat is that you need to see what other currency is tied to the dollar that may reduce or amplify the effect. Eg. If UJ (USDYEN) and EJ (EURYEN) are both going up, you'll find EU is flatter than what you would have expected. If UJ and EJ are invers, the EJ and EU are in sync... etc etc etc. Some news spikes will effect EU exclusively whilst others not. GU up doesn't always mean EU up... etc So my "knee-jerk...
Very clear, thanks Vlady ...
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