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The similarity system

  • #7,661
  • Sep 9, 2014 5:18am Sep 9, 2014 5:18am
Quoting ephisi
{quote} lol, dont be a people trader
I am not just don't see why I should share my levels with such ppl
  • #7,662
  • Sep 9, 2014 5:21am Sep 9, 2014 5:21am
Quoting vlady1974
{quote} I think that's a wise move and possibly a better use of your time. You could load more on position... ie. Lots or Qty or whatever... and easily make the amount of $£$ on the counter-scalp, without having to manage the smaller timescale. Better Reward to Effort (ROE) ratio in addition to the ROI.
you think scalping is a better use of time? I think scalping is very risky. i havnt really scalped for long periods of time
  • #7,663
  • Sep 9, 2014 5:24am Sep 9, 2014 5:24am
Quoting josh11
{quote} I am not just don't see why I should share my levels with such ppl
cool
  • #7,664
  • Sep 9, 2014 5:25am Sep 9, 2014 5:25am
Quoting josh11
{quote} I am not just don't see why I should share my levels with such ppl
I'm beginning to feel the same mate.

Some people think they've read this thread and every other Eurusdd thread and think they know the guy and how he thinks. But I've had one message from him that makes me respect the fact that he wants to see the interaction and evolution of his ideas/principles to see what comes out.

But if becomes a signalling service, then it's another matter. And much worse, when there are critics with zero contribution... that I won't tolerate. I've taken alot from this thread and I feel some responsibility to give back for all the pippage I've been able to take...... just sometimes, as Eurusdd says, you gotta remain invisible.

Hmmm.... you've made me think now Josh!!
A pip is only worth it if you know how much you risked to earn it
  • #7,665
  • Sep 9, 2014 5:27am Sep 9, 2014 5:27am
Quoting ephisi
{quote} you think scalping is a better use of time? I think scalping is very risky. i havnt really scalped for long periods of time
Other way around... if you're moving back to swing trading or position trading with an improved strategy... then perhaps scalping is LESS productive.
A pip is only worth it if you know how much you risked to earn it
  • #7,666
  • Sep 9, 2014 5:33am Sep 9, 2014 5:33am
Quoting vlady1974
{quote} Other way around... if you're moving back to swing trading or position trading with an improved strategy... then perhaps scalping is LESS productive.
daytrading, swing and position trading. dont see why i should risk 10pips to make 10pips in a rush when i can hold the trade for 70 to 1000pips.
  • #7,667
  • Sep 9, 2014 5:35am Sep 9, 2014 5:35am
Quoting vlady1974
{quote} I'm beginning to feel the same mate. Some people think they've read this thread and every other Eurusdd thread and think they know the guy and how he thinks. But I've had one message from him that makes me respect the fact that he wants to see the interaction and evolution of his ideas/principles to see what comes out. But if becomes a signalling service, then it's another matter. And much worse, when there are critics with zero contribution... that I won't tolerate. I've taken alot from this thread and I feel some responsibility to give...
eurusdd always said be creative, make the system your own. trade it your own way. No 2 people should use eurusdds methods the same way. once you get your eureka moments you will realize that.

the moment you guys stop sharing levels, the eurusdd thread is dead.
  • #7,668
  • Sep 9, 2014 5:37am Sep 9, 2014 5:37am
Quoting ephisi
{quote} you think scalping is a better use of time? I think scalping is very risky. i havnt really scalped for long periods of time
now i get you. i understood the post backwards. lol
  • #7,669
  • Sep 9, 2014 5:44am Sep 9, 2014 5:44am
carney could take us either way, up a bit or down. i favour up
  • #7,670
  • Sep 9, 2014 5:56am Sep 9, 2014 5:56am
Quoting ephisi
carney could take us either way, up a bit or down. i favour up
You all know my zone!!!
  • #7,671
  • Sep 9, 2014 6:09am Sep 9, 2014 6:09am
I've gone ahead and shorted Sterling. Still eyeing EU for a potential add anywhere between 2900 and 2920. Either way, I like how the 1H is shaping up on EU.
A pip is only worth it if you know how much you risked to earn it
  • #7,672
  • Sep 9, 2014 6:16am Sep 9, 2014 6:16am
Quoting ephisi
{quote} eurusdd always said be creative, make the system your own. trade it your own way. No 2 people should use eurusdds methods the same way. once you get your eureka moments you will realize that. the moment you guys stop sharing levels, the eurusdd thread is dead.
I look forward to Eurusdd coming back and providing more insight.

Not many people realise or remember that the Transient/Recurring Principle was 1 of 7 steps. We never got past Step 1, I don't believe.
And when you have Proposition #1 and Definition #1..... it implies more. So again, we're making do with what we have.

Similarity, Transience is one of 4 or 5 other things Eurusdd has in his arsenal .... I can't recall exactly..... Evolution, Timing, etc etc.
If we don't know it, then we don't have his system. And he has stated a few times, he'll never reveal it.... not even to his father.
So why on earth would a random stranger on FF be bestowed with these gifts for nothing? LOL

Anyways.... I rant.. must mean it's lunchtime.
In the mean time, we'll keep posting levels..... but I encourage people to participate more.

Josh/Ephisi you guys are da bomb!
A pip is only worth it if you know how much you risked to earn it
  • #7,673
  • Sep 9, 2014 6:21am Sep 9, 2014 6:21am
Quoting vlady1974
{quote} I look forward to Eurusdd coming back and providing more insight. Not many people realise or remember that the Transient/Recurring Principle was 1 of 7 steps. We never got past Step 1, I don't believe. And when you have Proposition #1 and Definition #1..... it implies more. So again, we're making do with what we have. Similarity, Transience is one of 4 or 5 other things Eurusdd has in his arsenal .... I can't recall exactly..... Evolution, Timing, etc etc. If we don't know it, then we don't have his system. And he has stated a few times,...
josh/vlady you guys rock.
  • #7,674
  • Sep 9, 2014 7:17am Sep 9, 2014 7:17am
Quoting ephisi
{quote} where you been bro! was looking out for your levels cos i know we would be in sync. lol like i said earlier 1.2890 nwas a good short but we would retest it. and most likely higher. 1.2912 before 1.2920

playing out as i expected. once 1.2894 gave way
  • #7,675
  • Sep 9, 2014 7:20am Sep 9, 2014 7:20am
Quoting ephisi
{quote} playing out as i expected. once 1.2894 gave way
Nice, didn't think it would break but there must be to many ppl short ATM so they push up, still holding my other short
  • #7,676
  • Sep 9, 2014 7:22am Sep 9, 2014 7:22am
Quoting josh11
{quote} Nice, didn't think it would break but there must be to many ppl short ATM so they push up, still holding my other short
stop hunting. looking to short around 1.2920 if i get right price action
  • #7,677
  • Sep 9, 2014 7:24am Sep 9, 2014 7:24am
Quoting ephisi
{quote} stop hunting. looking to short around 1.2920 if i get right price action
I can see why that level is an attractive sell... hope it reaches for you mate
  • #7,678
  • Sep 9, 2014 7:25am Sep 9, 2014 7:25am
Quoting ephisi
{quote} playing out as i expected. once 1.2894 gave way
Yes. I exited my new positions. One GBP trade is still on. I might short EU now.
A pip is only worth it if you know how much you risked to earn it
  • #7,679
  • Sep 9, 2014 7:26am Sep 9, 2014 7:26am
Quoting ephisi
{quote} then would have moved stop to Breakeven. 1.2994 is at risk of giving way
then would be looking to take profit at 1.2912
  • #7,680
  • Sep 9, 2014 7:27am Sep 9, 2014 7:27am
Quoting josh11
{quote} I can see why that level is an attractive sell... hope it reaches for you mate
thanks mate
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