The similarity system | Page 364 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #7,261
  • Aug 29, 2014 7:59am Aug 29, 2014 7:59am
Quoting Eurusdd
{quote} My drink will cost you $100. Please wire that money to me within the next 12 hrs!!! You can start the processing now. Whatever news will be released for the USA today will most likely be NEGATIVE in order to support these probabilities.
What's your take on geopolitical news, Eurusdd, such as the Ukraine situation? Do you think that is manipulated too?
You reap what you sow.
  • #7,262
  • Aug 29, 2014 8:27am Aug 29, 2014 8:27am
Quoting Eurusdd
{quote} My drink will cost you $100. Please wire that money to me within the next 12 hrs!!! You can start the processing now. Whatever news will be released for the USA today will most likely be NEGATIVE in order to support these probabilities.
Yes, well looks like for now - no drinks to you just yet! :-)
If you fall, I shall be there. - The floor
  • #7,263
  • Aug 29, 2014 8:32am Aug 29, 2014 8:32am
Quoting samaralala
{quote} Selling @ 1.31960 going to 1.31760

You see everyone had you followed me you would have made $$$$ -

I am awesome. Now at this point we are going up for a little 1.31845
If you fall, I shall be there. - The floor
  • #7,264
  • Aug 29, 2014 8:33am Aug 29, 2014 8:33am
Quoting samaralala
{quote} Yes, well looks like for now - no drinks to you just yet! :-)
Not so fast buddy. don't react to those little movements. The eventual deal is key. That down is a stepping stone to me. There are low probabilities down there. I will not follow that trick!!!

I don't trade low probabilities!
  • #7,265
  • Aug 29, 2014 8:36am Aug 29, 2014 8:36am
Quoting Eurusdd
{quote} Not so fast buddy. don't react to those little movements. The eventual deal is key. That down is a stepping stone to me. There are low probabilities down there. I will not follow that trick!!! I don't trade low probabilities!
Very emotional day for me here...
If you fall, I shall be there. - The floor
  • #7,266
  • Aug 29, 2014 8:38am Aug 29, 2014 8:38am
Quoting samaralala
{quote} Very emotional day for me here...
My master no. 1 cleared his account completely. I still - can't believe it.
If you fall, I shall be there. - The floor
  • #7,267
  • Aug 29, 2014 8:38am Aug 29, 2014 8:38am
Those probabilities are for CLOSING prices going forward, not 10mins or 20mins randomness. If the next 3-4 hrs end and eurusd is at 1.3159 and below, I will declare I failed! NOT NOW!!!
  • #7,268
  • Aug 29, 2014 8:39am Aug 29, 2014 8:39am
Quoting Eurusdd
Those probabilities are for CLOSING prices going forward, not 10mins or 20mins randomness. If the next 3-4 hrs end and eurusd is at 1.3159 and below, I will declare I failed! NOT NOW!!!
Ok OK!!
If you fall, I shall be there. - The floor
  • #7,269
  • Aug 29, 2014 8:42am Aug 29, 2014 8:42am
Quoting Eurusdd
Those probabilities are for CLOSING prices going forward, not 10mins or 20mins randomness. If the next 3-4 hrs end and eurusd is at 1.3159 and below, I will declare I failed! NOT NOW!!!

can one assume that GBP/USD shall close higher today as well then? Above 1.66050?
If you fall, I shall be there. - The floor
  • #7,270
  • Aug 29, 2014 8:44am Aug 29, 2014 8:44am
That monster is going for the top.
  • #7,271
  • Aug 29, 2014 8:51am Aug 29, 2014 8:51am
Quoting Eurusdd
{quote} Not so fast buddy. don't react to those little movements. The eventual deal is key. That down is a stepping stone to me. There are low probabilities down there. I will not follow that trick!!! I don't trade low probabilities!
Hey drinks here in UK are in a PUB ( not over the wire- I do not know what 'over the wire' place is)??

- So to clarify, when you visit UK then we take you to a pub and get you really drunk. Vlady can join us too - he is local here somewhere i think!
If you fall, I shall be there. - The floor
  • #7,272
  • Aug 29, 2014 8:54am Aug 29, 2014 8:54am
1.31700 is the first key number with a closing probability below 50%. If eurusd hits and closes below that then I will be concerned! Where it is now is about 50:50. That is where I am considering a buy.
Attached Image
  • #7,273
  • Aug 29, 2014 9:07am Aug 29, 2014 9:07am
Quoting Eurusdd
1.31700 is the first key number with a closing probability below 50%. If eurusd hits and closes below that then I will be concerned! Where it is now is about 50:50. That is where I am considering a buy.{image}
Observation:
What I am seeing is that the price is concentrating around the magical pivot.

Today that magical number is 1.3185, yesterday it was around your weird number 1.3176 I think. So fraction higher.

The difference b/w the two is important as it is a determinant for the next day in most ranging days scenarios. :-)
If you fall, I shall be there. - The floor
  • #7,274
  • Edited 10:30am Aug 29, 2014 9:12am | Edited 10:30am
Well that was a looooong 3 hour lunch! LOL
Got stopped out of my short from 3195....GRRR.
Looking for long. It's about 3176/3184.

Edit: In at 3184

Edit Edit: Stopped out -10
A pip is only worth it if you know how much you risked to earn it
  • #7,275
  • Aug 29, 2014 9:13am Aug 29, 2014 9:13am
Money is flowing into this thing right now and I believe EURUSD is going to run up there and there is nothing anyone or any news can do about it.

I will be back, when it is done!
  • #7,276
  • Aug 29, 2014 9:13am Aug 29, 2014 9:13am
Quoting samaralala
{quote} Hey drinks here in UK are in a PUB ( not over the wire- I do not know what 'over the wire' place is)?? - So to clarify, when you visit UK then we take you to a pub and get you really drunk. Vlady can join us too - he is local here somewhere i think!
i will fly to uk and join the drinking party, or perhaps you can be my guests here and we can get wasted on the black sea coast Lets see if we can spot similarity/dissimilarity between 3 bottles of scotch The delicate levels will be 700ml,600ml,500ml... and all technicals and fundamentals point down...
  • #7,277
  • Aug 29, 2014 9:27am Aug 29, 2014 9:27am
Quoting feline207
{quote} i will fly to uk and join the drinking party, or perhaps you can be my guests here and we can get wasted on the black sea coast Lets see if we can spot similarity/dissimilarity between 3 bottles of scotch The delicate levels will be 700ml,600ml,500ml... and all technicals and fundamentals point down...

Yey, sounds good...
If you fall, I shall be there. - The floor
  • #7,278
  • Aug 29, 2014 9:28am Aug 29, 2014 9:28am
Quoting feline207
{quote} i will fly to uk and join the drinking party, or perhaps you can be my guests here and we can get wasted on the black sea coast Lets see if we can spot similarity/dissimilarity between 3 bottles of scotch The delicate levels will be 700ml,600ml,500ml... and all technicals and fundamentals point down...

"Those that trade together, stay together" :-)
If you fall, I shall be there. - The floor
  • #7,279
  • Aug 29, 2014 9:29am Aug 29, 2014 9:29am
Quoting beachloup
{quote} Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime..
Give a man a fish and you feed him for a day; teach him to fish and he will get on a boat, sit on his a$$ and drink beer all day...
  • #7,280
  • Aug 29, 2014 9:30am Aug 29, 2014 9:30am
Quoting shiva
{quote} Give a man a fish and you feed him for a day; teach him to fish and he will get on a boat, sit on his a$$ and drink beer all day...

I don't like boats personally, I prefer forest...that's all
If you fall, I shall be there. - The floor
1 trader viewing now