[quote=scardi;7722453][quote=Eurusdd, Post 54: "...........I expected a similarity at A after the 1hr bar closed but none appeared.........." Which bar do you mean? The green one, pointed by your arrow, or the previous red one? "...so that means price had to go up before it can come down again in order to get similarity!!!.... " How do you know that price had to go up, before it can come down? It's not clear how you make your trade decisions. Thank You![/quote]
Hey scardi, If you look at the 2 green spikes on the CI, that represents a Similarity, the first red spike after on the 30 min chart represents a dis similarity, that can be used as a trade signal because, the 1 hr candle closed in the 1 hr chart without a red spike.
Look at the circle on the two charts and compare. Sorry wrong quote I was replying to.
http://www.forexfactory.com/attachme...1&d=1372345205
Hey scardi, If you look at the 2 green spikes on the CI, that represents a Similarity, the first red spike after on the 30 min chart represents a dis similarity, that can be used as a trade signal because, the 1 hr candle closed in the 1 hr chart without a red spike.
Look at the circle on the two charts and compare. Sorry wrong quote I was replying to.
http://www.forexfactory.com/attachme...1&d=1372345205