The similarity system | Page 324 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #6,461
  • Aug 20, 2014 9:24am Aug 20, 2014 9:24am
Quoting Blackeagle
{quote} This is what he said. He didn't say "optimal time for buy" for a few pips. That's for sure. "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."
exactly and like i said in other post, he was holding big long positions (from 1.3328 & 3320). there is a reason why he would delete his explorer. i would love to be proven wrong and learn how he managed in this situation. but very likely he blew this demo account.


Quoting rehorst
Eurusdd trade explorer was removed.
yes, thats why i think his demo account is blown by those longs he was holding since yesterday morning hoping to get 1.3389+. if his predictions had turned true, his return would have been 700% just from this trade !!
  • #6,462
  • Aug 20, 2014 9:25am Aug 20, 2014 9:25am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting josh11
{quote} I am trading the 15mins chart mate
Congrats and very interesting Josh, I see those levels on my 15 min chart too but not sure how you determine which way it will go.
An expert is a man who has made all the mistakes which can be made
  • #6,463
  • Aug 20, 2014 9:28am Aug 20, 2014 9:28am
Hmm seems a lot of us are using M15 charts
  • #6,464
  • Aug 20, 2014 9:32am Aug 20, 2014 9:32am
Attached Image
  • #6,465
  • Aug 20, 2014 9:35am Aug 20, 2014 9:35am
Quoting tbird2121
{quote} Very clear, thanks Vlady ...

Here use this to see the correlation of all the currencies: http://www.myfxbook.com/forex-market/correlation
If you fall, I shall be there. - The floor
  • #6,466
  • Aug 20, 2014 9:38am Aug 20, 2014 9:38am
1.32748 should be revisit (fix) before going north.
  • #6,467
  • Aug 20, 2014 9:38am Aug 20, 2014 9:38am
Quoting velox
{quote} exactly and like i said in other post, he was holding big long positions (from 1.3328 & 3320). there is a reason why he would delete his explorer. i would love to be proven wrong and learn how he managed in this situation. but very likely he blew this demo account. {quote} yes, thats why i think his demo account is blown by those longs he was holding since yesterday morning hoping to get 1.3389+. if his predictions had turned true, his return would have been 700% just from this trade !!
THis reminds me of some social experiment...and we are all subjects in it. Eurusdd is writting a book right now.
If you fall, I shall be there. - The floor
  • #6,468
  • Aug 20, 2014 9:41am Aug 20, 2014 9:41am
Quoting rehorst
{image}
LOL... it's very easy to do this kind of thing, but many were also saying death of shorts back at 3405 but when the call was made for 3347, no song and dance was done about it.... so that analogy you're implying is... sunk!
A pip is only worth it if you know how much you risked to earn it
  • #6,469
  • Aug 20, 2014 9:42am Aug 20, 2014 9:42am
Quoting velox
{quote} exactly and like i said in other post, he was holding big long positions (from 1.3328 & 3320). there is a reason why he would delete his explorer. i would love to be proven wrong and learn how he managed in this situation. but very likely he blew this demo account. {quote} yes, thats why i think his demo account is blown by those longs he was holding since yesterday morning hoping to get 1.3389+. if his predictions had turned true, his return would have been 700% just from this trade !!
hmm guys guys I can say only 1 thing for you. live in your dreams....you follow him and didnt close your trade after 2-5pips and blow your account? or what do you want? I think you are new in this thread and dont know nothing what he is doing with explorer, with trades etc. just start reading EURUSDD post from august and maybe you will fnd something dont make this thread like some guys made in EURUSD thread, ok? share your ideas about trading and not about why he isnt showin explorer and his account has to be blown and similar things. focus on the trading ideas, or just reading
  • #6,470
  • Aug 20, 2014 9:44am Aug 20, 2014 9:44am
Quoting matkooo2575
{quote} hmm guys guys I can say only 1 thing for you. live in your dreams....you follow him and didnt close your trade after 2-5pips and blow your account? or what do you want? I think you are new in this thread and dont know nothing what he is doing with explorer, with trades etc. just start reading EURUSDD post from august and maybe you will fnd something dont make this thread like some guys made in EURUSD thread, ok? share your ideas about trading and not about why he isnt showin explorer and his account has to be blown...
Err... not me? Who blew their account?
A pip is only worth it if you know how much you risked to earn it
  • #6,471
  • Aug 20, 2014 9:49am Aug 20, 2014 9:49am
Quoting vlady1974
{quote} Err... not me? Who blew their account?
no man, not you...I think guys like rehorst or velox !! maybe their account are in red because of the idea that price should fix problem with 1,3344 and 1,3405 and it went more down...I dont know
  • #6,472
  • Aug 20, 2014 9:51am Aug 20, 2014 9:51am
Seeing how sharks who have a whiff of the upcoming news drive the price up/down when they want to sell/buy later, it seems to me that the price is being driven to cheaper levels in order to get in good fills after the FOMC later today.
  • #6,473
  • Aug 20, 2014 9:53am Aug 20, 2014 9:53am
Quoting rehorst
{image}
i'm not sure if you are referring to the explorer, but one thing is for sure, the eur/usd has no sails this morning. No one is interested in it. Volume is very low. No wind, no movement.
  • #6,474
  • Aug 20, 2014 9:55am Aug 20, 2014 9:55am
Quoting matkooo2575
{quote} no man, not you...I think guys like rehorst or velox !! maybe their account are in red because of the idea that price should fix problem with 1,3344 and 1,3405 and it went more down...I dont know
That's cool man! It's life, eh?! Live and LEARN.
A pip is only worth it if you know how much you risked to earn it
  • #6,475
  • Aug 20, 2014 10:03am Aug 20, 2014 10:03am
Dnt try to trade like eurusdd. i bet he dosnt trade his life account that way. With sund money management theres no way you can blow your account using eurusdds method. i bet he dosnt leverage that high on his live account
The truth is eurusdd was only trying to prove a point and top forexfactorys leaderboard. because people like me challenged him. he was just having fun. but correct me if im wrong , the money management may be bad but the strategy is 97percent efficient
  • #6,476
  • Aug 20, 2014 10:06am Aug 20, 2014 10:06am
Quoting samaralala
{quote} Here use this to see the correlation of all the currencies: http://www.myfxbook.com/forex-market/correlation
Thanks a lot samaralala ...
  • #6,477
  • Aug 20, 2014 10:06am Aug 20, 2014 10:06am
can someone please explain to me how to load the ex4 file...for some odd reason my computer keeps saying "application not found"...when i try to down load it...much appreciated ..x
  • #6,478
  • Aug 20, 2014 10:07am Aug 20, 2014 10:07am
The following are forecasts for this week's remaining data from a survey compiled the previous Friday and the past Monday.

DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET)
Thursday 0830 Jobless Claims Aug 16 302K (21) 311K
0945 Markit "Flash" Mfg PMI Aug N/A 55.8*
1000 Existing Home Sales Jul 5.0mln (31) 5.04mln
--percent change -0.8% +2.6%
1000 Phila Fed Mfg Svy Aug 18.0 (23) 23.9
1000 Leading Index Jul +0.6% (22) +0.3%

*Final July reading (Figures in parentheses refer to number of economists surveyed.)
If you fall, I shall be there. - The floor
  • #6,479
  • Aug 20, 2014 10:12am Aug 20, 2014 10:12am
Quoting vlady1974
{quote} Keep the algo and see if it's contrarian!
There is really no algorithm. It is just statistics and probability. And sometimes you do get lower probability events. :nerd:
Whatever happens with EURUSD in the meantime, I think the return north should be dramatic.
  • #6,480
  • Aug 20, 2014 10:15am Aug 20, 2014 10:15am
Quoting kprsa
{quote} There is really no algorithm. It is just statistics and probability. And sometimes you do get lower probability events. :nerd: Whatever happens with EURUSD in the meantime, I think the return north should be dramatic.
Very dramatic. I hope i can catch the move. It would be awesome
2 traders viewing now