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The similarity system

  • #6,941
  • Aug 24, 2014 3:48pm Aug 24, 2014 3:48pm
Quoting Alorente
Hello guys. I am heavily short UJ. Could you please confirm a problem on the Daily at 101.50/70? I know you are focusing on EurUsd, but I would appreciate confirmation of this UJ problem. My H value is 10. Thanks a million.
Dear sir , there are a lot of 'problems' below 102 but still need time to move price towards that direction.it seems to me it will go up first to clear unfinish business and then if upper blue area does hold will come down.
when we spot a 'problem' doesnt mean that price will return as soon as possible back there.still have the time issue to figure out .Eurusdd said that problems can take as much time as the price need to leave the screen.
it is just my view and dont follow.
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  • #6,942
  • Edited 8:23pm Aug 24, 2014 7:41pm | Edited 8:23pm
Quoting Dewachen77
{quote} There is a small bug at my code, i will post the price/image as soon as i get my code works perfectly ... soon ...
As my code still has bugs, this result can be wrong .... please comment , do i make it right ... ???
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  • #6,943
  • Aug 24, 2014 8:57pm Aug 24, 2014 8:57pm
Quoting Dewachen77
{quote} As my code still has bugs, this result can be wrong .... please comment , do i make it right ... ??? {image}
Hi buddy,
Seems your logic is similar to mine. But I think you must look at the top/bottom fractal , and combine it with your logic ....
  • #6,944
  • Aug 24, 2014 10:49pm Aug 24, 2014 10:49pm
Quoting Dewachen77
{quote} As my code still has bugs, this result can be wrong .... please comment , do i make it right ... ??? {image}
Hi dowachen
Don't trade against the trend --that is the key!.see the picture i marked the right one.Green pips to you
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unlearning is difficult than learning-that is the key!!
  • #6,945
  • Aug 25, 2014 1:28am Aug 25, 2014 1:28am
Quoting dragos_
{quote} hello, with my tools, I believe is too early to go short. there are some signs that it may have found a top there indeed (divergences, SD etc.), is true. But it is not yet confirmed to go short, especially "heavy". We should wait a bit, instead of rushing to hunt tops. moreover, looking at your system: why would you do this? I've put your "Extreme tma - new version" template on, and your own system says Long: - on Daily the Slope values is >0.4, - on H4 is >0.8, which according to your own rules below it says Long. tell me I am wrong.. "...
Hello Dragos. For several months while ranging, UsdJpy H4 TMA always turned before reaching the D1 TMA outer bands. During this time I have traded it successfully several times. In this particular case, I entered at A as H4 TMA began the turn. Slope values where all within threshold. I exited at B. Reentered at C (D1 centerline) for the expected second leg lower with good slope values. Several other factors indicated to me that USD was going to consolidate lower, including 2 sequential inverted hammers on the USDIndex Weekly. It turned out to be a Black Swan event. I am still confident the trade will work out OK as long as the high at 1.0543 is not broken.

By the way, I now use -0.30 to 0.30 as limit threshold slope values instead of -0.40 to 0.40. It delivers considerably more consistent results and slightly fewer trades.
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Observation is the path to discovery.
  • #6,946
  • Aug 25, 2014 1:47am Aug 25, 2014 1:47am
Quoting Eurusdd
{quote}You guys are always focusing on the wrong things.forget about that transient zone above. Since it is turning out to be one, the region below has a high probability for recurrent prices. That is where you should focus your little buys. Now, if you draw horizontal lines below that recent low-probability transient zone, the chance price will hit it at least twice is high. that is your window to profit!!! since that rare event (transient zone) is not likely to occur immediately again, you can continue picking up pips down there.{image}
  • #6,947
  • Aug 25, 2014 2:18am Aug 25, 2014 2:18am
A rare event occurred. My call for eurusd failed within the time-frame I gave!!!
POO happens!
  • #6,948
  • Aug 25, 2014 2:26am Aug 25, 2014 2:26am
Quoting Eurusdd
A rare event occurred. My call for eurusd failed within the time-frame I gave!!! POO happens!
Oops. So it won't rally back up?
Pivot Boss in the making~
  • #6,949
  • Aug 25, 2014 2:28am Aug 25, 2014 2:28am
Quoting Eurusdd
A rare event occurred. My call for eurusd failed within the time-frame I gave!!! POO happens!
wow....... u back
  • #6,950
  • Aug 25, 2014 2:29am Aug 25, 2014 2:29am
Quoting Eurusdd
A rare event occurred. My call for eurusd failed within the time-frame I gave!!! POO happens!

" When you've trained your mind to think in probabilities, it means you have fully accepted all the possibilities (with no internal resistance or conflict) and you always do something to take the unknown forces into account. "​
the market is not random but anything can happen.
  • #6,951
  • Aug 25, 2014 2:35am Aug 25, 2014 2:35am
Quoting jurn_e
{quote} Oops. So it won't rally back up?

My calls are usually based on the spacetime property of price, meaning that when I gave a call, the distance price should travel and the time within which it should travel that distance are connected. If one fails, the call is invalid!!!
My last call, was wrong because the time for price to travel the distance failed. Therefore, even though the problem still exists, the call is not valid anymore!

Anyway, I guess that I stressed that all my calls should be followed with not more than 10pips sl, .

If three of your entries fail, ignore it! A 3% probability event just happened. That means it will take some time before I fail again, on average!
  • #6,952
  • Aug 25, 2014 2:44am Aug 25, 2014 2:44am
Quoting Trillion2015
{quote} wow....... u back
No! just
letting the house know that I am not always right and that my last call failed! That is a rare event!
  • #6,953
  • Aug 25, 2014 2:58am Aug 25, 2014 2:58am
Quoting Eurusdd
{quote}No! just letting the house know that I am not always right and that my last call failed! That is a rare event!
Noted :0
Pivot Boss in the making~
  • #6,954
  • Aug 25, 2014 3:12am Aug 25, 2014 3:12am
Quoting Eurusdd
{quote}No! just letting the house know that I am not always right and that my last call failed! That is a rare event!
It goes without saying that everybody needs to take responsibility for their own trading decisions and what happens to their account balance, up or down. If some people lost too much money at a certain time because they either forgot this or never really learned it, then perhaps they learned a good lesson for their own future benefit.

As far as I can see you've shared your understanding freely and encouraged people to think for themselves and make it their own. Your original ideas have instigated more fruitful thinking on the part of others. And even very often made them some money.

Why is it even noteworthy that you made a wrong call? Every-single-trader-in-history has done, does, will do that again. Whatever. Welcome back.
  • #6,955
  • Aug 25, 2014 3:31am Aug 25, 2014 3:31am
Stevefx, good post there... but its pretty hard to believe in oneself at times when all the people you respect say to go long eur/usd (I was formerly on the "short" camp)... I am not blaming eurusdd here. I probably would not have followed his call alone, but my mentor who guided me as a noob also made the call for long. Said he was very sure of it... and so everyone followed and here we are today lets see -200 pips since and my account is in deep red (though I close trades off earlier in losses to protect it sigh). The other people in my group arent that much better - many have blown their accounts in the meanwhile. Only good thing I guess is now, I am beginning to doubt his calls and TP targets just seem pretty unrealistic. Lost money, but evolved in thinking so it isnt too bad I guess.

EURUSDD, I would like to say thank you for reinforcing that some of our current methods do actually work, though we still havent yet figured out how you came up with probabilities but important thing is you prove such things can be done. We were always told price is "random" and we will never know where it goes but you proved majority of the time you can "predict" its direction. So there exists a way, but we gotta discover and finetune it.

ps: End of month coming... Profit taking time for those greedy bankers soon so... anything can happen between now to Friday
  • #6,956
  • Aug 25, 2014 4:12am Aug 25, 2014 4:12am
Anyone who takes calls other than their own deserves to lose =p
Still, if 1.3310 is not met in the next 6 weeks, it will create an event that has not occurred since 2008. (but low probability occurrences have to happen at some point don't they?)
"Mrrraggglhlhghghlgh"
  • #6,957
  • Aug 25, 2014 4:37am Aug 25, 2014 4:37am
Some of you are not serious! I said here many times

1: I do not place a trade with more than 10 pips SL, If i choose to use SL.

2: I don't fail three times in a row!!!


Therefore, it is silly to believe I will lose more than 30 pips at any given moment!!!! I don't tell people to place precise SL because each to his/her own. However, I will not make calls here again before anyone start blaming me, as a result of his/her failure to follow basic rules, I laid out.


I made the call and then allow everyone to decide where they want to enter or how they choose to trade it. I never said "buy with 100+ pips SL".
If I don't buy/sell with more than 10pips SL, why will you follow me and place more than 10PIPS SL?



So, I was wrong but I did not lose much cause that is one 10+10 pips loss!


And to the one who said, "why follow calls of others"? Well, a lot of people follow their own calls and lose more! So, you have a weak point! The right thing to say is this: When you follow a call, make sure you understand the rules of the call and trade it your way!
  • #6,958
  • Aug 25, 2014 4:45am Aug 25, 2014 4:45am
Quoting Eurusdd
{quote} My calls are usually based on the spacetime property of price, meaning that when I gave a call, the distance price should travel and the time within which it should travel that distance are connected. If one fails, the call is invalid!!! My last call, was wrong because the time for price to travel the distance failed. Therefore, even though the problem still exists, the call is not valid anymore! Anyway, I guess that I stressed that all my calls should be followed with not more than 10pips sl, . If three of your entries fail, ignore it!...
Welcome Boss, was expecting you
  • #6,959
  • Aug 25, 2014 4:58am Aug 25, 2014 4:58am
Quoting Dystopia
Only good thing I guess is now, I am beginning to doubt his calls and TP targets just seem pretty unrealistic.
How many of the 23 clear calls I made here within the last three weeks failed?

Just two!!!! How many pips are you expected to lose? less that 40!!!! How many pips were gained? 675!!!

Don't worry: you would never know my thoughts about eurusd again to even have the pleasure of choosing to ignore them!!! It is difficult trading with emotional traders!!! Especially those who don't follow strict rules!
  • #6,960
  • Aug 25, 2014 5:15am Aug 25, 2014 5:15am
Quoting Eurusdd
{quote}How many of the 23 clear calls I made here within the last three weeks failed? Just two!!!! How many pips are you expected to lose? less that 40!!!! How many pips were gained? 675!!! Don't worry: you would never know my thoughts about eurusd again to even have the pleasure of choosing to ignore them!!! It is difficult trading with emotional traders!!! Especially those who don't follow strict rules!
Hey, Good to see you back. I'm on page 120 of this thread. Please don't stop making calls until I catch-up with the thread .
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