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The similarity system

  • #7,101
  • Aug 27, 2014 8:20am Aug 27, 2014 8:20am
Once we clear 1.3176 level should move a lot faster!!
  • #7,102
  • Aug 27, 2014 8:24am Aug 27, 2014 8:24am
Bearish. No change as previous.
If you fall, I shall be there. - The floor
  • #7,103
  • Aug 27, 2014 8:24am Aug 27, 2014 8:24am
French PM said- EUR is overvalued!

Long = Kamikaze
If you fall, I shall be there. - The floor
  • #7,104
  • Aug 27, 2014 8:37am Aug 27, 2014 8:37am
Quoting Eurusdd
{quote} The best way to know you are doing the right thing is simple: Don't sit in your little room and trade all by yourself. Be bold and tell others where you think the market will go. Expect fire when you consistently go wrong. That is a sure sign you are doing something wrong! If you can tell others what you think about the market that is a sign you believe you have a window! To get it right most of the time, when you are not the only one expecting to see if you are wrong or right... is a good good sign.
Good advise .. thanks
  • #7,105
  • Aug 27, 2014 8:41am Aug 27, 2014 8:41am
Quoting giovanni4000
{quote} Good advise .. thanks

Giovanni that means you need to tell us where it is going?
If you fall, I shall be there. - The floor
  • #7,106
  • Aug 27, 2014 8:42am Aug 27, 2014 8:42am
Quoting josh11
Once we clear 1.3176 level should move a lot faster!!
Mate, that can't come any quicker. Still holding short from 3182... could've scalped 5 pips each way for the last 4 moves LOL.
A pip is only worth it if you know how much you risked to earn it
  • #7,107
  • Aug 27, 2014 8:44am Aug 27, 2014 8:44am
Quoting vlady1974
{quote} Mate, that can't come any quicker. Still holding short from 3182... could've scalped 5 pips each way for the last 4 moves LOL.
  • #7,108
  • Aug 27, 2014 8:47am Aug 27, 2014 8:47am
Quoting samaralala
{quote} Giovanni that means you need to tell us where it is going?
Yes, and it shouldn't matter if you change your mind. This morning I was long from 3154. I thought it would reverse at 77, it didn't. I hesitated at 3190 so I missed that perfect short. And when it held at 85, I thought it was a long move - based on the 1H. As soon as it halted at 87 and broke 79 on the 5M and 15M my view changed back to short.

I have to say, combining the TZ/RZ and supply/demand zones is quite enlightening and allows me to be free from indicators.
TZ tend to be the tails..... the only flaw is not spotting the intra-bar TZs visually.

Josh, I have an idea of what you're doing but I'm not entirely sure yet.
Need to confirm it later.
A pip is only worth it if you know how much you risked to earn it
  • #7,109
  • Aug 27, 2014 8:47am Aug 27, 2014 8:47am
Quoting samaralala
{quote} Giovanni that means you need to tell us where it is going?
  • #7,110
  • Aug 27, 2014 8:49am Aug 27, 2014 8:49am
For the life of me I am not going Long until I see 1.29xxx.

I have been burned not once not twice but 3 times already going long in a STRONG DOWNTREND.

No point guessing BOTTOM. When I see it i will believe it.
If you fall, I shall be there. - The floor
  • #7,111
  • Aug 27, 2014 8:51am Aug 27, 2014 8:51am
Quoting vlady1974
{quote} Josh, I have an idea of what you're doing but I'm not entirely sure yet. Need to confirm it later.
Great hope you have mate
  • #7,112
  • Aug 27, 2014 8:58am Aug 27, 2014 8:58am
Did you all see where it bounce from lol
  • #7,113
  • Aug 27, 2014 8:59am Aug 27, 2014 8:59am
Eurusdd,
I'm glad to see you here.
I've been thinking lately probabilities.
And if we have the right thought, whatever the time we get to trade, we can make a profit. I hope not wrong.
Your suppose an example of a rare event.
We call "H" to hight and "L" for low. So if we have a set in H4, "{HHHHH}", we assume a rare event.
I was reading discrete time and discrete processes. The drawback I find is that indicate independence of the variables. I think it is wrong, but something else these processes differ.
In a discrete process we have the variable "t + 1" is dependent on "t", but independent of "t-n" where n = 1,2,3 ....
Then we can easily check that X (t + 1) = X (t) + E, where E is a random variable with probability of 50%.
By this I mean, if we only consider a bar, then the probability that we get is 50%, but if we consider a number "S" bar, then the probability changes.
The finding of that number "S" bar depends on the history of data.
Is that correct?
  • #7,114
  • Aug 27, 2014 9:01am Aug 27, 2014 9:01am
Quoting samaralala
For the life of me I am not going Long until I see 1.29xxx. I have been burned not once not twice but 3 times already going long in a STRONG DOWNTREND. No point guessing BOTTOM. When I see it i will believe it.
Well, I guess that is why a good trader is a dynamic one. You must have conditions that tell you to stop following a given signal or hint. For example, my is three attempts totaling not more than 30pips sl, if i used sl.

If the second one is a loss, like the first, the third must be a hit. even though, i have not experienced it yet, if I lose three times in a row, I quit! Even the gods can tell me to continue, I won't!!!


At that moment, I am out for a new setup!
  • #7,115
  • Aug 27, 2014 9:03am Aug 27, 2014 9:03am
Quoting samaralala
{quote} Giovanni that means you need to tell us where it is going?
may be some day, if i understand all of Eurusdd's system
  • #7,116
  • Aug 27, 2014 9:04am Aug 27, 2014 9:04am
Quoting josh11
Did you all see where it bounce from lol
I got 3168.3 on my feed. Was expecting 3167.45
A pip is only worth it if you know how much you risked to earn it
  • #7,117
  • Aug 27, 2014 9:05am Aug 27, 2014 9:05am
Quoting giovanni4000
{quote} may be some day, if i understand all of Eurusdd's system
well, then he has a long way. I am on page 1,950 and counting...
  • #7,118
  • Aug 27, 2014 9:05am Aug 27, 2014 9:05am
Quoting Eurusdd
{quote}Well, I guess that is why a good trader is a dynamic one. You must have conditions that tell you to stop following a given signal or hint. For example, my is three attempts totaling not more than 30pips sl, if i used sl. If the second one is a loss, like the first, the third must be a hit. even though, i have not experienced it yet, if I lose three times in a row, I quit! Even the gods can tell me to continue, I won't!!! At that moment, I am out for a new setup!

I hope to learn from the best *** :-)
If you fall, I shall be there. - The floor
  • #7,119
  • Aug 27, 2014 9:07am Aug 27, 2014 9:07am
Quoting josh11
Did you all see where it bounce from lol
Josh are you always using the last set of these occurrences on the 15M only? Or are you ranking them?
Errrr.... if I'm on the right track
A pip is only worth it if you know how much you risked to earn it
  • #7,120
  • Aug 27, 2014 9:07am Aug 27, 2014 9:07am
Quoting vlady1974
{quote} I got 3168.3 on my feed. Was expecting 3167.45
mine is this:

should continue after going back up to 1.3176!
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