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The similarity system

  • #6,641
  • Aug 21, 2014 7:21am Aug 21, 2014 7:21am
Quoting handy148
ephisi - there you go - told you daily open line would be a good target excellent short trade - you're the man
youre the man
  • #6,642
  • Aug 21, 2014 7:23am Aug 21, 2014 7:23am
Quoting ephisi
@vlady1974 i wanna believe news is leaked again. price is news news is price. lets wait and see what happens in 10minutes. lol
Who would think otherwise
I will go and do something else for the next 10 minutes Dont wanna see the lightning
  • #6,643
  • Aug 21, 2014 7:25am Aug 21, 2014 7:25am
Quoting ephisi
ive been screen bound for the past 2 weeks little food little sleep, no shower lol, crazy. now im free still short on the last 15mins setup 10pips stop {quote}

Congratulations ephisi!
What you do is a reflection of you....what I do is a reflection of me.
  • #6,644
  • Aug 21, 2014 7:36am Aug 21, 2014 7:36am
Quoting ephisi
{quote} ok let me try
Can you shine some light in this direction while you are at it :-)
If you fall, I shall be there. - The floor
  • #6,645
  • Aug 21, 2014 7:43am Aug 21, 2014 7:43am
Quoting ephisi
@vlady1974 i wanna believe news is leaked again. price is news news is price. lets wait and see what happens in 10minutes. lol
In that case, then your theory is partly validating mine.
If news is price, the Asia knows price direction but they don't have the volume like London or New York. But why would a Goldman Sachs HK trader want to lose out to a NYC trader? Doesn't make sense. So to me, Asia (for their legal entities at least) must know or set direction for the rest of the day.
A pip is only worth it if you know how much you risked to earn it
  • #6,646
  • Aug 21, 2014 7:47am Aug 21, 2014 7:47am
IF the big boys know it in advance which a lot of cynics believe they do, then it is probably only a relatively short time before the official announcement I would have thought.
  • #6,647
  • Aug 21, 2014 8:19am Aug 21, 2014 8:19am
3. You cannot apply the concept effectively until you realize and understand the similarities/dissimilarities between what I call a left-side transient bar and a full transient bar. There is a critical reason why we assume that a left-side transient bar is a full transient bar and act as such in labeling other areas as recurrent. eurusdd has made no mistakes in labeling areas or answering questions.

Hi Liquid, the above feels to me to be key in understanding this concept. eurusdd provided information surrounding the left side of the forming TZ. I know there is an important relationship, but cant quite get it.

Thanks for the info though......now back to re-re-re-reading
What you do is a reflection of you....what I do is a reflection of me.
  • #6,648
  • Aug 21, 2014 8:43am Aug 21, 2014 8:43am
Quoting maximinus
{quote} Thanks for the reply. To be honest with your readers you should have precised the info in bold in your initial post. Your presentation is biased, incomplet and the results are not valid (not yet at least). Anyway, I know that coding and testing is time consuming, but that's the only way to proceed imo. So continue with this approach but be always fair with yourself and your readers. That will save your money. GL
Thanks for your concern. Although I have never seen a bull test fail to compared with a bear test or vice versa, I finished testing the other side and concluded the same results with 970, 73, and 13.

I do not see how I have fooled readers in any way as I have not given them any instruction on how to create a trade system. I have mentioned more than once to people following my work to do the work themselves and verify what they think they see. I am simply identifying points that I found helpful in my interpretation of eurusdd's post for those who want to achieve what his "objective" was and not trade transient and non-transient zones similar to trading support and resistance zones, something that he spoke on.

Good luck to you as well. Thanks again.
"Mrrraggglhlhghghlgh"
  • #6,649
  • Aug 21, 2014 8:48am Aug 21, 2014 8:48am
Will this thing EVER clear 3272 already!
A pip is only worth it if you know how much you risked to earn it
  • #6,650
  • Aug 21, 2014 9:01am Aug 21, 2014 9:01am
To quote an old proverb - patience is a virtue
  • #6,651
  • Aug 21, 2014 9:02am Aug 21, 2014 9:02am
Quoting vlady1974
Will this thing EVER clear 3272 already!
Ni idea but the US data keeps staying green and that of Euro red And despite good data, USD is being dumped currently, why?
  • #6,652
  • Aug 21, 2014 9:09am Aug 21, 2014 9:09am
There you go vlady - bounced off daily pivot as I write this.
  • #6,653
  • Aug 21, 2014 9:13am Aug 21, 2014 9:13am
looks like @eurusdd might have the lst laff afterall. his explorer will come back to read 20,000 account balance
  • #6,654
  • Aug 21, 2014 9:13am Aug 21, 2014 9:13am
Looks like we made a near 3 year high on the S&P - wonder if it will hit the magic 2000.
  • #6,655
  • Aug 21, 2014 9:14am Aug 21, 2014 9:14am
Quoting handy148
There you go vlady - bounced off daily pivot as I write this.
And potential HH on the 1H, in the making.
A pip is only worth it if you know how much you risked to earn it
  • #6,656
  • Aug 21, 2014 9:32am Aug 21, 2014 9:32am
Hi everyone. I need help.
How do you create the zone for transient and recurrent idea. Its clear that H is the number of bars but how do we develop the zone for the bars. Where do u place the zone. What is the logic behind the creation of the zones. Thanks.
My help is in the name of the Lord who made heaven and earth.
  • #6,657
  • Aug 21, 2014 9:33am Aug 21, 2014 9:33am
Quoting vlady1974
{quote} In that case, then your theory is partly validating mine. If news is price, the Asia knows price direction but they don't have the volume like London or New York. But why would a Goldman Sachs HK trader want to lose out to a NYC trader? Doesn't make sense. So to me, Asia (for their legal entities at least) must know or set direction for the rest of the day.
suprisingly truue, asia usually sets direction for the day
  • #6,658
  • Aug 21, 2014 9:41am Aug 21, 2014 9:41am
Quoting LiquidGenius
{quote} Thanks for your concern. Although I have never seen a bull test fail to compared with a bear test or vice versa, I finished testing the other side and concluded the same results with 970, 73, and 13. I do not see how I have fooled readers in any way as I have not given them any instruction on how to create a trade system. I have mentioned more than once to people following my work to do the work themselves and verify what they think they see. I am simply identifying points that I found helpful in my interpretation of eurusdd's post for those...
Have I said that you have fooled people ? I said that your presentation is biased and incomplete and it was. And in somehow, it still is. But will keep further remarks for myself. It seems that you took the wrong way my post.
GL
Don't be smart. Be rich.
  • #6,659
  • Aug 21, 2014 9:54am Aug 21, 2014 9:54am
Quoting Neio
{quote} Unfortunately it is not mine to share....but the author of it reads this thread so it it is up to him if/when he wants to do so. As Eurusdd said you do not need the indicator anyway. It just helps to visualise it. I could actually trade this on the mobile version of MT4 as you only have to be able to count bars
The Recurrence statistic indy would look nicer with the plot of the boxes, so I'll make that and share it as soon as I find the time (weekend or so).
  • #6,660
  • Aug 21, 2014 9:55am Aug 21, 2014 9:55am
NEWS or NO NEWS EUR is going UP! That's what he said. Unresolved issues must be fixed - some big guy failed to short and now they are all working together to help him out. :-)
If you fall, I shall be there. - The floor
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