The similarity system

Quoting LITEchild

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{quote} very appropriate line of questioning. For me, I'm seeing that the analysis is the least part of the process. More important is what to do in every case scenario. Like EURUSDD did while showcasing his 'NO THREE LOSSES IN A ROW' trades and Trade Explorer, I'm seeing the strong argument of using trade reversal strategies at levels marked as 'critical', instead of/or in addition to stop placements.( a form of hedging if you will). Would have worked beautifully on my EU trade today. Will start implementing it and see how it goes. Seems very effective...

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Quoting LITEchild

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Here's a little gift of informtion i'd like to give to you guys. I stumbled on it a few days back, and I think it's one of the best discoveries I've come across in FF in a while. It ties in beautifully with the overall theme of this thread, so study it and see for yourselves. (Hint take note of PA when numbers '999' start popping up(trend 'pivot')), (also numbers >100 in counter to 999 direction). (RARE EVENTS remember!!!). It's difficult to explain, but you can get more info here.. http://www.forexfactory.com/showthread.php?t=227948...

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Quoting LITEchild

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Here's a little gift of informtion i'd like to give to you guys. I stumbled on it a few days back, and I think it's one of the best discoveries I've come across in FF in a while. It ties in beautifully with the overall theme of this thread, so study it and see for yourselves. (Hint take note of PA when numbers '999' start popping up(trend 'pivot')), (also numbers >100 in counter to 999 direction). (RARE EVENTS remember!!!). It's difficult to explain, but you can get more info here.. http://www.forexfactory.com/showthread.php?t=227948...

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Quoting vlady1974

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{quote} Glad you found it! I'd been playing with it for about 2 weeks! Well done sir! You developed any new strategies on it?

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Quoting LITEchild

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{quote} For me they're both static, and unique(different) for each TF.

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Quoting vlady1974

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{quote} I find that if the count hits 10, 12, 11 it will generally reverse. Especially if there's alot of Zeros in between such as 10,12,0,11,10

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Quoting LITEchild

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Here's a little gift of informtion i'd like to give to you guys. I stumbled on it a few days back, and I think it's one of the best discoveries I've come across in FF in a while. It ties in beautifully with the overall theme of this thread, so study it and see for yourselves. (Hint take note of PA when numbers '999' start popping up(trend 'pivot')), (also numbers >100 in counter to 999 direction). (RARE EVENTS remember!!!). It's difficult to explain, but you can get more info here.. http://www.forexfactory.com/showthread.php?t=227948...

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Quoting Kapkhunkha

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{quote} Hi Litechild, Would you choose a better value in order to get better probability - lets say 99%, or you will stay at 97% ? With 99% i can get more "safe" signal, but may be i can lose some opportunities, and (may be) this will effect my analysis because i did not find any signal at some points .... Thanks

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Quoting LITEchild

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{quote} I'm of the opinion that there's an optimal value intrinsincly tied to each TF. You just need to figure it out. I only use the 30M TF for this and my 'h' is 48 for that TF only. How you implement these is another matter entirely...

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Quoting LITEchild

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{quote} I'm of the opinion that there's an optimal value intrinsincly tied to each TF. You just need to figure it out. I only use the 30M TF for this and my 'h' is 48 for that TF only. How you implement these is another matter entirely...

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Quoting vlady1974

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{quote}The getting in bit, was literally not a trade decision, it was a mental switch decision..... - No, it's not long anymore. It's short! * But, are you sure? It might bounce? - No, it's broken a price, trendline, the alert price you set, etc etc etc. It's short. * Let's wait for the retrace to a price - Okay it did that and NOW it's definitely short * Are you sure?! What if it whiplashes? - Look it's dropped 50+ pips and counting, it's a short. * Oh okay then.... short. That entire mental indecision.... was probably close to 70 pips on that...

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Quoting LITEchild

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{quote} Dodging 'what ifs' on the charts is like dodging bullets from an AK47 But the 'critical levels', if correctly identified and mapped out,(not as easy as one might think), helps to narrow down this what ifs. The idea I go with is to assume this critical levels are either going to hold or break. One. but not both levels. No ranging happens around this levels. Of course sometimes stop hunts still do occur across this levels, but that is extremely rare in my backtests. The joker is DON'T STRADDLE LEVELS. Wait for a trade...

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Quoting vlady1974

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{quote} Gotcha. I understand this. You're right... that's alot harder than it sounds. But I completely get the notion of it. I'll see how I can implement the idea based on this.

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Quoting samaralala

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strong support at 1.286xx 1.27xx by the end of this month.

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Quoting LITEchild

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{quote} ...not 'new' per se, but I'm tying in the concept to an already great method, so I think it's EUREKA from here on. While testing, I ignored it's advice on EU, but respected it on EURNZD. The rest is history. So it just got promoted to Level 1 on my board of advisors. {image}

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Quoting vlady1974

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{quote} Just a quick comment on this screenshot.... it's the 10 and 12 on the up/green side that I scan for weakness. Seems like it's doing it on the EURNZD as well as EU.

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