Rainbow similarity | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Help implementing zigzag similarity concept indicator 0 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: Rainbow similarity
Exit Attachments

Rainbow similarity

  • #41
  • Aug 28, 2014 2:56am Aug 28, 2014 2:56am
I am demo it all ready .i have found my way to spot the zone where price will return but not WHEN.So your way just gives me a way of following the trend and to see when price will change direction and return to the needed zone to close problem.
I will post pics later
thank you
  • #42
  • Aug 28, 2014 3:00am Aug 28, 2014 3:00am
Quoting zarkon
I am demo it all ready .i have found my way to spot the zone where price will return but not WHEN.So your way just gives me a way of following the trend and to see when price will change direction and return to the needed zone to close problem. I will post pics later thank you
i am curious to hear "your way".

MEDIUM RISK(similarity got comfirmed)
EU +40p
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 67 KB
  • #43
  • Aug 28, 2014 3:07am Aug 28, 2014 3:07am
there is problem down to blue zone but for now your tactic says at least NOT DOWN yet so i am scalping long some pips.When your tactics signal me down then blue zone is the target .There is also a problem at 1.31700 zone.will see.
Also i am very new or noob so dont follow me
Attached Image (click to enlarge)
Click to Enlarge Name: rainbow.jpg Size: 291 KB
  • #44
  • Aug 28, 2014 3:13am Aug 28, 2014 3:13am
Quoting zarkon
there is problem down to blue zone but for now your tactic says at least NOT DOWN yet so i am scalping long some pips.When your tactics signal me down then blue zone is the target . {image}
and the blue zone is the first time of dis-similarity? cant really see it so many indicators
  • #45
  • Aug 28, 2014 3:16am Aug 28, 2014 3:16am
1.31700 and the blue zone .. those two i have spotted for short on 15TF. maybe be are few more on 5 mins or 1 mins but for 15tf those 2 are targets.
  • #46
  • Aug 28, 2014 3:24am Aug 28, 2014 3:24am
Quoting zarkon
1.31700 and the blue zone .. those two i have spotted for short on 15TF. maybe be are few more on 5 mins or 1 mins but for 15tf those 2 are targets.
i will keep that in mind for short targets.

does someone took this trade?(white arrow)
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 69 KB
  • #47
  • Aug 28, 2014 3:26am Aug 28, 2014 3:26am
yes i am on that trade.
  • #48
  • Edited 3:54am Aug 28, 2014 3:29am | Edited 3:54am
Quoting zarkon
yes i am on that trade.


i missed it

Quote
yes i am on that trade.

result?
  • #49
  • Aug 28, 2014 5:35am Aug 28, 2014 5:35am
nzdusd AND audusd short 20+20 PIPS GAIN
  • #50
  • Aug 28, 2014 5:41am Aug 28, 2014 5:41am
Quoting Pips200
nzdusd AND audusd short 20+20 PIPS GAIN
what worked for you as a TP? intuition or fixed tp?

edit: watch for a possible re-entry. i do so
  • #51
  • Aug 28, 2014 5:55am Aug 28, 2014 5:55am
Quoting jimmY213
{quote} what worked for you as a TP? intuition or fixed tp? edit: watch for a possible re-entry. i do so
i entered for rules
exit when i see opposite sign MBFX and cycle
  • #52
  • Edited 6:19am Aug 28, 2014 6:07am | Edited 6:19am
Quoting Pips200
{quote} i entered for rules exit when i see opposite sign MBFX and cycle
well done

last trades:
EU buy +20p
GU buy +72p
AU buy +60p


someone else?

still in GA - sell
GA sell +90p
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 72 KB


added SupDem.mq4 just to make support and resistance areas more visible. for those who wanna add it too.
Attached File(s)
File Type: ex4 SupDem.ex4   13 KB | 574 downloads
  • #53
  • Aug 28, 2014 6:18am Aug 28, 2014 6:18am
1.31700 hit .waiting to confirm if this long move is retrace and go for the blue zone or is changing direction for long.
Waiting for rainbow confirmation.
  • #54
  • Edited 6:48am Aug 28, 2014 6:26am | Edited 6:48am
Quoting zarkon
1.31700 hit .waiting to confirm if this long move is retrace and go for the blue zone or is changing direction for long. Waiting for rainbow confirmation.
yep was 1.31700 almost exactly hit.

for those who are willing to take a risky trade. look for a short entry on EU. on H1 rainbow is down but similarity was shown hours ago.

maybe a good entry on EJ will be shown soon

entered EJ and GJ both sell
  • #55
  • Aug 28, 2014 6:55am Aug 28, 2014 6:55am
GJ:
TP +85p
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 58 KB


EJ:
still in EJ looks like a real nice entry i will let it run.
  • #56
  • Aug 28, 2014 7:33am Aug 28, 2014 7:33am
i took short on e/u .carefully tho and target is blue zone.
lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: confirmation.jpg Size: 378 KB
  • #57
  • Aug 28, 2014 7:42am Aug 28, 2014 7:42am
SL hit , profit +8 pips or 80 on 5digit.
  • #58
  • Aug 28, 2014 7:47am Aug 28, 2014 7:47am
Quoting zarkon
i took short on e/u .carefully tho and target is blue zone. lets see. {image}
i hope you took your profit after that peak. i did
edit: your answer came through after is postet this reply

EJ:
there we can see something i would call it a stop hunt. aaaaaaand they got me
-90p
  • #59
  • Aug 28, 2014 8:26am Aug 28, 2014 8:26am
breaking 1.31700 i will jump into short again with blue zone as target.
i took a brief look on EJ and i dont see anything , altho getting back to lower lvl is very possible since this is the trend
in trade now (demo)
DONT FOllow my calls.thank you
  • #60
  • Edited 8:47am Aug 28, 2014 8:34am | Edited 8:47am
Quoting zarkon
breaking 1.31700 i will jump into short again with blue zone as target. i took a brief look on EJ and i dont see anything , altho getting back to lower lvl is very possible since this is the trend in trade now (demo) DONT FOllow my calls.thank you
EJ:
the stop hunt occred 15:30 in my timezone one candle earlier than my cursor. but he had to pay back my money + a little bonus
-90
+134
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 66 KB


edit:
im so impatient. CI and MBFX totaly in my direction.
there, ladys and gentle, is my problem missed +100 easy pips
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 70 KB
0 traders viewing now