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The similarity system

  • #7,621
  • Sep 8, 2014 7:59pm Sep 8, 2014 7:59pm
Quoting wireash
{quote} finally were getting somewhere to answer your question: I am providing good criticism and actually i was talking about you: you said you cancelled your short's on eur/usd i will not look back to see where exactly it was last week (WELL YOU WERE WRONG) picking top's and bottom's that's a big NO NO not to mention it has nothing to do with this thread you just posted your resistance levels according too? support/resistance basic 101 once again it has nothing to do with this thrad were beyond that we look at $$$$ NotPIPS
Understood and agree with you in this case, wireash. $$$$ is what i need, not the Pips.

Quoting LITEchild
{quote} well, if you were specifically talking about Vlady, i do believe you are a bit out of line! He has constantly posted a lot of short trades and closed most, if not all, in profit. And you can get trade direction right and still be wrong in the short term. There is nothing wrong with being 'wrong' in trading. It's part of the job. so to speak. Moreover the effort Vlady has put into helping out people here should be the minimum requirement for anyone else saying he is out of line. I don't think you meet those requirements. But...
Some of my shorts have almost same price that Vlady has. Some of them are closed in profit, some are still floating (positive floating, not minus floating). So, i can say that LiteChild is right about Vlady, he is a great trader that has sharp analysis and good heart
  • #7,622
  • Sep 8, 2014 8:03pm Sep 8, 2014 8:03pm
I think that the biggest problem trader's have ( including me)is to exit their trade and reverse it.
once youre in a trade for 50 pip profit you dont want to exit: even thou your strategy tell;s you to get out and reverse (human nature).
i was never tought by great trader's ( i simply coudnt afford it) but i took my time i took my loses.
laugh all you want. i went thru my fare share
now i can tell you that:0 pi
all your assumptions mean nothing
DONT STAND IN FRONT OF A RUNNING BEAR
HOW do i know that?
stochastic
trend is down as soon as stoch is overbought you short
once again this has nothing to do with this thread cause i dont see no dissimilarities at the time
  • #7,623
  • Sep 8, 2014 8:05pm Sep 8, 2014 8:05pm
Quoting LITEchild
{quote} well, if you were specifically talking about Vlady, i do believe you are a bit out of line! He has constantly posted a lot of short trades and closed most, if not all, in profit. And you can get trade direction right and still be wrong in the short term. There is nothing wrong with being 'wrong' in trading. It's part of the job. so to speak. Moreover the effort Vlady has put into helping out people here should be the minimum requirement for anyone else saying he is out of line. I don't think you meet those requirements. But that's just my...
you are totally right
and i apologize
  • #7,624
  • Sep 8, 2014 8:15pm Sep 8, 2014 8:15pm
Hi,
You are all in shorts, great .... we are in the same boat. I have just do a short at 1.2899 again, because i see a TZ/RZ around it @M5, and it is building another one at the moment. I hope i do it at the right time. Now i have 2 pips profit for this last short order.
Vlady's posts are very good, i like it. His posts are based on a clear mature technical analysis, like Eurusdd, GG and some other good friend's posts
Keep posting buddy, your posts give so many benefit to all of us ....
  • #7,625
  • Sep 8, 2014 8:18pm Sep 8, 2014 8:18pm
we dont look for minimum requieremt?
we look for win to lose ratio
gbp/aud sell at 1.7400
yeah and euro will follow
  • #7,626
  • Sep 8, 2014 8:19pm Sep 8, 2014 8:19pm
Quoting wireash
{quote} you are totally right and i apologize
I like this post Wireash ....

Quoting wireash
we dont look for minimum requieremt? we look for win to lose ratio gbp/aud sell at 1.7400 yeah and euro will follow
Can we use currency strength ?
Edit: some time i find it too fast, or may be it is result of my bad setting ...
  • #7,627
  • Sep 8, 2014 8:27pm Sep 8, 2014 8:27pm
no you cant use currency strengh
becouse by the time u realize whats going on your chart youre in for a drowdawn
my friend
dont listen to blah blah blah nostradamus prediction's
chart your trade's
and trade your chart's
lol
  • #7,628
  • Sep 8, 2014 8:37pm Sep 8, 2014 8:37pm
Quoting wireash
no you cant use currency strengh becouse by the time u realize whats going on your chart youre in for a drowdawn my friend dont listen to blah blah blah nostradamus prediction's chart your trade's and trade your chart's lol
Got it, thanks.
  • #7,629
  • Sep 8, 2014 8:47pm Sep 8, 2014 8:47pm
LOL
NO YOU DONT
  • #7,630
  • Sep 8, 2014 11:04pm Sep 8, 2014 11:04pm
Quoting tbird2121
{quote} I am playing with "DS" , TR/TZ, 3plan, ZZ-BB at the moment ... Thanks a lot to you all (it is a long list if i wrote all your names ) . You all have helped me much, i feel different now in style of trading. My heart does not pump 200x in a minute, i can trade more calm because i know where it will go (approximately, may be still 70-80% and counting ...). Without you all, i can not do that !!! Using all ideas given on the threads, i am trying to find how they can match each other to build a massive great system. Still need time, but i...
hi tbird, so you have found it, you can get the probability of the level as Eurussd explain. It means you know how the price will go using that probability calculation, right?
  • #7,631
  • Sep 8, 2014 11:19pm Sep 8, 2014 11:19pm
Quoting Dewachen77
{quote} hi tbird, so you have found it, you can get the probability of the level as Eurussd explain. It means you know how the price will go using that probability calculation, right?
NO mate, it is still on the way. I think i can use my "modified" DS zone and TZ/RZ to see the direction. I know this is not the way Eurusdd does. My approach is not proved yet, and i am learning dna at the0I get the strong zone like Josh said. If EU is in sideway state, I am very sure that this zone must be hit, but EU is in down trend now. I still can not find how we know that EU in sideway state or in trending state (up / down), before it is happens, or at the beginning of its changing state, from trending to sideway or from side way to trending.
  • #7,632
  • Sep 8, 2014 11:48pm Sep 8, 2014 11:48pm
Quoting burnssss
{quote} Hi jimmsterk, care, transient areas not work as support / resistance. By this I mean, only trade in recurrent area. Secure Pips. example: if you're currently in an area A, above this zone A is the transient area, you assume recurrent area above the transient area. Any area in the recurring price has 97% probabilities that return to the transient area "h" bars. For now I find a conclusion from DNA created by eurusdd and type of process used in transient / recurrent area. Is the independence of variables is assumed, whereby all kinds of combinations...
oh ok, now I see your point.

about DNA, ummm, I am still thinking how to connect the dots...
  • #7,633
  • Sep 9, 2014 1:28am Sep 9, 2014 1:28am
Quoting wireash
{quote} finally were getting somewhere to answer your question: I am providing good criticism and actually i was talking about you: you said you cancelled your short's on eur/usd i will not look back to see where exactly it was last week (WELL YOU WERE WRONG) picking top's and bottom's that's a big NO NO not to mention it has nothing to do with this thread you just posted your resistance levels according too? support/resistance basic 101 once again it has nothing to do with this thrad were beyond that we look at $$$$ NotPIPS
You can't read. I'm short from 2967. I'm still short. Yes i did cancel my shorts at one time. Then I got back in....so what?
I can scalp and re enter as many times as I want.

i don't pick tops and bottoms. WTF?! I pick swing points. Big difference. I don't trade into them. I trigger on retrace... I've been mentioning that technique for some of the newbies because some think Eurusdd's techniques are just calls to enter and exit.

ive been contributing to this thread since the days of MadMoney and CI. Who are you?
I'll tell you...you're ignored. Bye!
A pip is only worth it if you know how much you risked to earn it
  • #7,634
  • Edited 2:00am Sep 9, 2014 1:43am | Edited 2:00am
Morning all,

Apologies for that. Back to trading!
I'm booking some profits and closing my short from 2935. I'm keeping my 45s and they're at +10

I was playing with my old Dissimilarity templates last night and one got triggered yesterday on the rush of USD on the daily timeframe. Those of you who have read the thread from the beginning will know that this Zone is not yet fully formed....it will only be formed once Similiarity is restored. This zone is one big massive candle and you'll have read that it can attract or repel...so I'm curious to see what will happen.....we haven't had a Daily zone printed below the 300EMA

i posted the graphic in my ZZBB thread....I'll edit this post and put in the link once I'm at work.

Quoting vlady1974
Just posting my thoughts after the last major down moves. Alot of bulls will be looking for a place to park a long trade now because they'll feel it's oversold. From 1.39 to 1.28 may seem like a lot but when you view it long term it's not unusual. The most obvious support is at 1.2764 which was previous support. But given the fundamentals behind the downward move, I don't believe it will necessarily create a reversal situation for the long term. It may pause momentarily, but I see this level failing and creating a Lower Low. {image} Any bounce I will view as Wave 4 and the retrace could go as high as 1.31 and I think this may occur at the Orange Lines with Green Arrows in the Yellow Box. But I would not be surprised to see an move towards the last major low 1.20422. The time frame for this could be between Oct 2014 to Oct 2015 which could coincide with a bottoming out and a recovery of the EU The last down moves were 3600 pips, 3200 pips, 2800 pips.... let's average this to 3200 pips. 1.3900 - 3200 = 1.0700...... is that unreasonable? If we went for the minimum of 2800 then 1.3900 - 2800 = 1.1100 If the previous lows of 1.204 and 1.18 are taken out then it's not unreasonable at all. {image} Here's a view on the Daily. This shows how the 300EMA on the Daily tf was breached via Wave 3 and no retest. A new dissimilarity zone is now forming on today's move and as with previous zones, price tends to avoid a forming dissimilarity zone. Which supports my higher tf view that a new lower low will form and a Wave 4 retrace to 1.3151 would lead to a final Wave 5 push to lower lows.
A pip is only worth it if you know how much you risked to earn it
  • #7,635
  • Sep 9, 2014 1:49am Sep 9, 2014 1:49am
Good morning house! Levels im looking for short today if we get there. 1. 2920/22.
  • #7,636
  • Sep 9, 2014 1:53am Sep 9, 2014 1:53am
Quoting ephisi
Good morning house! Levels im looking for short today if we get there. 1. 2920/22.
We'll get there. Don't know about the day... But we will! If it's today, I'll be on it. Looking for fresh entries!

Edit: Whoops! I read that wrong... I thought you meant 2820! LMAO.....yes, I'm shorting from around 2920 as well. I had 2918 as a level from like 2 years ago on my charts and I forgot to put a pending just beneath it, so missed that spike down yesterday. Gonna revisit that puppy.
A pip is only worth it if you know how much you risked to earn it
  • #7,637
  • Sep 9, 2014 2:00am Sep 9, 2014 2:00am
Quoting vlady1974
{quote} We'll get there. Don't know about the day... But we will! If it's today, I'll be on it. Looking for fresh entries! Edit: Whoops! I read that wrong... I thought you meant 2820! LMAO.....yes, I'm shorting from around 2920 as well. I had 2918 as a level from like 2 years ago on my charts and I forgot to put a pending just beneath it, so missed that spike down yesterday. Gonna revisit that puppy.
  • #7,638
  • Sep 9, 2014 2:07am Sep 9, 2014 2:07am
Quoting jimsterk
{quote} oh ok, now I see your point. about DNA, ummm, I am still thinking how to connect the dots...
Jim, my hat's off to you for even contemplating the DNA stuff.
It works on the same basis as the rare event: HHHHH
So if you can pick a timeframe and then create a database that records the sequencing of occurances then you can project the outcome of the next bar.

So if UP=U And Down=D
DDDDD = rare then DDDDDU is ????
The guys in the other thread have modelled this using fractals and ZZ on the basis ( based on my understanding) that you take the last leg and project out as if the leg has finished.... You're basically filling in blanks on the proviso that your DNA Database of possible sequence outcomes will provide you with the most statistically appropriate projection.
If you can programme that....then Bob's your uncle, Roberta's your aunt.

i cant get past the maths and the science algorithms so the best I can do is Bollinger and ZigZag. LOL
A pip is only worth it if you know how much you risked to earn it
  • #7,639
  • Sep 9, 2014 2:41am Sep 9, 2014 2:41am
Scalping a long from 2872, aiming for 2920ish
A pip is only worth it if you know how much you risked to earn it
  • #7,640
  • Sep 9, 2014 3:01am Sep 9, 2014 3:01am
Added to my short's at 1.2990!
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