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The similarity system

  • #7,041
  • Aug 26, 2014 5:01pm Aug 26, 2014 5:01pm
Quoting Ullen
{quote} This is not a signaling service. If you have read the entire thread you should know where price is heading. But as you can see on the 15min chart there are plenty of levels to go for. {image}






trade still valid. eurusd trying to pull away.
  • #7,042
  • Aug 26, 2014 5:03pm Aug 26, 2014 5:03pm
Quoting Ullen
{quote} Looks like we have the right setup now. #Madmoney {image}
Definitely looks alot better. Well done. You found MM's setting. Madmoney was/is a beast with the CI.
A pip is only worth it if you know how much you risked to earn it
  • #7,043
  • Aug 26, 2014 5:04pm Aug 26, 2014 5:04pm
Quoting Eurusdd
{quote} trade still valid. eurusd trying to pull away.
I had a good Demand Zone on the 1M and it coincided with a transient zone just above it. Effortless entry.

Edit:
TP must be at least 3x my spread.
A pip is only worth it if you know how much you risked to earn it
  • #7,044
  • Aug 26, 2014 5:10pm Aug 26, 2014 5:10pm
idea is to catch a big move with at most three attempts each carrying a risk of less than 10 pips. in this case 2pips!
  • #7,045
  • Aug 26, 2014 5:15pm Aug 26, 2014 5:15pm
Quoting vlady1974
{quote} Definitely looks alot better. Well done. You found MM's setting. Madmoney was/is a beast with the CI.
Huge fan of the guy. Gives me the best entries!
Not about how much you win, but how much you loose
  • #7,046
  • Aug 26, 2014 5:15pm Aug 26, 2014 5:15pm
1st attempt of two pips sl failed! Our second attempt will be 5 pips!
  • #7,047
  • Aug 26, 2014 5:16pm Aug 26, 2014 5:16pm
Quoting Eurusdd
idea is to catch a big move with at most three attempts each carrying a risk of less than 10 pips. in this case 2pips!
at this time i think is more probable to catch a big move on the sell side rather than up
  • #7,048
  • Aug 26, 2014 5:23pm Aug 26, 2014 5:23pm
Quoting kprsa
There could be interesting links between fractal zones and the zigzag indicator. Cheers, kprsa
...finally...
  • #7,049
  • Aug 26, 2014 7:41pm Aug 26, 2014 7:41pm
Quoting vlady1974
{quote} I have a 2 fill zones: a) 3160 - 3177 b) 3130 - 3160 EDIT: I'm favouring the bottom as a target. That's a 30 pip range, so the 50% is 3145. I believe others on the Eurusd thread are talking 3150 as a deep psychological number. Co-incidence? Nah..
New Low posted at 1.31521
Long taken @ 3156 (price was way fast when trying to click to get in)

Transient Zone on 5M printed as 3152 to 3155.
4H shows Monthly S2 at 3151 and 2 developing transient zones above entry price - a break of these northside (likely) will indicate strong move up.
1H shows nothing surprisingly other than close outside Bollinger Band downside, indicating Upward travel

Let's see where she goes. I suspect Asia will drift now until Frankie and London open which will retest that low or print a new low at 3130.
I'll set a 20pip TP and move stops to BE.
A pip is only worth it if you know how much you risked to earn it
  • #7,050
  • Edited 8:11pm Aug 26, 2014 7:58pm | Edited 8:11pm
Quoting vlady1974
{quote} New Low posted at 1.31521 Long taken @ 3156 (price was way fast when trying to click to get in) Transient Zone on 5M printed as 3152 to 3155. 4H shows Monthly S2 at 3151 and 2 developing transient zones above entry price - a break of these northside (likely) will indicate strong move up. 1H shows nothing surprisingly other than close outside Bollinger Band downside, indicating Upward travel Let's see where she goes. I suspect Asia will drift now until Frankie and London open which will retest that low or print a new low at 3130. I'll set...
Quoting dragos_
EU going down. It was a sure trade since it breached 1.3185. Looking for a turning point to 1.3160-1.3157. If this level is breached then 1.3000 is next target..
Quoting dragos_
{quote} However, speaking about SD, check out the levels from 6 Sep13 and 15 Jul13 on Daily EU. On Daily the trend is clearly bearish, and some BB's are showing a nice down move. Allthough 1.313 is the nearest probable level to be hit, the move looks quite strong and I would incline more to think that 1.3000 is the price target on this timeframe before the daily trend changes. The analysis is a little bit off-topic, sorry for this, but I am posting it as a reference with respect to target levels.

EU reached the target. allthough a little bit below 1.3157.
good job vlady regarding bollinger, put BB600 and BB720 on M15 and then conclude.

now it should make a retracement up (to 1.317 or even 1.319) but on H1 timeframe I think afterwards will go down to 1.313.
very curious if will hit 1.3000 these days, but we have to see if the downward momentum will continue or there will be signs that it will change on the Daily timeframe
  • #7,051
  • Edited 9:19pm Aug 26, 2014 9:00pm | Edited 9:19pm
Quoting vlady1974
{quote} New Low posted at 1.31521 Long taken @ 3156 (price was way fast when trying to click to get in) Transient Zone on 5M printed as 3152 to 3155. 4H shows Monthly S2 at 3151 and 2 developing transient zones above entry price - a break of these northside (likely) will indicate strong move up. 1H shows nothing surprisingly other than close outside Bollinger Band downside, indicating Upward travel Let's see where she goes. I suspect Asia will drift now until Frankie and London open which will retest that low or print a new low at 3130. I'll set...
Great Vlady, your prediction is very sharp ...
how about TZ at : 3163 - 3165 ? Does it mean that it's the Resistance to the Support (TZ) 3152 - 3155 ??
Thanks

Edit: oups .. it is gone now ...
I just can see 3177 - 3179 @H1 , and 3164 - 3165 @M15
  • #7,052
  • Aug 26, 2014 10:53pm Aug 26, 2014 10:53pm
Unless I'm mistaken, there's a big H4 TZ between current price and 1.3153 to be filled before any more serious up moves. Short from 1.3164.

(edit - wrong price)
You reap what you sow.
  • #7,053
  • Aug 26, 2014 11:08pm Aug 26, 2014 11:08pm
Quoting kprsa
There could be interesting links between fractal zones and the zigzag indicator. Cheers, kprsa
Silly question maybe, but what's the difference between a fractal zone and a transient zone? From what I've read, fractal zones typically have low h values and are formed at bar ends. I guess this means that all fractal zones are transient zones, but not all transient zones (e.g. mid-bar) are fractal zones?

Just wondering if people are using the terms interchangeably or not.
You reap what you sow.
  • #7,054
  • Aug 27, 2014 1:29am Aug 27, 2014 1:29am
1.31670 is my next target! lets see if it will come back down!
  • #7,055
  • Aug 27, 2014 1:45am Aug 27, 2014 1:45am
heres my 1 min entry from 13165 lead candle.traded from the weekly maxium potential and cycle completion,as posted in my journal,1 position closed at 11 pips ,remaining position stop at b/e left to run with 0 risk
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg vola 1.jpg Size: 332 KB
  • #7,056
  • Aug 27, 2014 1:48am Aug 27, 2014 1:48am
3180 is the resistance number. Heavy selling here kicked off Asian session.
London would want to test 3150 or 3130. 3130 is the last demand level before lower.

In terms of zones, there are only 2 definitions based on the original postulates: Transient or Recurrant.
There is no third. Mid Bar zone is still Transient until it's not.
A pip is only worth it if you know how much you risked to earn it
  • #7,057
  • Aug 27, 2014 1:50am Aug 27, 2014 1:50am


Quoting diceman555
heres my 1 min entry from 13165 lead candle.traded from the weekly maxium potential and cycle completion,as posted in my journal,1 position closed at 11 pips ,remaining position stop at b/e left to run with 0 risk {image}
Nice work on the Lead Candle.
i recognise that.
A pip is only worth it if you know how much you risked to earn it
  • #7,058
  • Aug 27, 2014 1:58am Aug 27, 2014 1:58am
Quoting vlady1974
3180 is the resistance number. Heavy selling here kicked off Asian session. London would want to test 3150 or 3130. 3130 is the last demand level before lower. In terms of zones, there are only 2 definitions based on the original postulates: Transient or Recurrant. There is no third. Mid Bar zone is still Transient until it's not.
Hmm, the moves are really weak coming into London open. I'm suspicious.
Small short at 3180. Target 3130
A pip is only worth it if you know how much you risked to earn it
  • #7,059
  • Aug 27, 2014 2:15am Aug 27, 2014 2:15am
Quoting vlady1974
{quote} Hmm, the moves are really weak coming into London open. I'm suspicious. Small short at 3180. Target 3130
Out -5.
Something is cooking. Flat and sidelined
A pip is only worth it if you know how much you risked to earn it
  • #7,060
  • Aug 27, 2014 2:30am Aug 27, 2014 2:30am
expecting spike up. sell order 1.3220
As Above, So Below
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