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The similarity system

  • #7,901
  • Sep 11, 2014 8:59am Sep 11, 2014 8:59am
You queen should be a forex trading blueprint that works on every pair, trading platform or time-frame. Just like the monetary system, she must be able to help your empire anytime, on any time-frame and on any pair. If your strategy does not work on certain pairs, or on some time-frames, then you do not have the right queen. Your empire is not the ultimate!!!
  • #7,902
  • Sep 11, 2014 9:12am Sep 11, 2014 9:12am
You knight should be the MANNER in which you execute your trades! It should help your empire defeat other trades, the market. It should be designed in such a way that even if some one is watching you trade or captures your queen, they will NEVER know exactly what you are doing. They cannot understand you by just looking at the way you place your trades. remember, military has a deception component.

Therefore, most traders who broadcast simple trading methods like, "when price is ... buy, when price is ,.... sell". Normally lose in the long-run!!!
If you have the right Knight, you are good to go! Deception and stealth!!!
  • #7,903
  • Sep 11, 2014 9:17am Sep 11, 2014 9:17am
for example, you can buy, price goes up and everyone expects price to go another 100 pips, but you took profit. You close your account.
another example: you can place small trades ten times in a row and all of a sudden a BIG one. Out of the blues. Sometimes too you can choose to lose willing just to make people believe you are "human after-all".
  • #7,904
  • Sep 11, 2014 9:20am Sep 11, 2014 9:20am
Quoting Eurusdd
for example, you can buy, price goes up and everyone expects price to go another 100 pips, but you took profit. You close your account. another example: you can place small trades ten times in a row and all of a sudden a BIG one. Out of the blues. Sometimes too you can choose to lose willing just to make people believe you are "human after-all".
damn right!
Don't use both feet to test the depth of the river
  • #7,905
  • Sep 11, 2014 9:24am Sep 11, 2014 9:24am
5 large pillars that form a universal system.
If you look, these movements apply to the gravitational field.
eurusdd, I consider these posts as a great Pointview to beat the market.
  • #7,906
  • Sep 11, 2014 9:29am Sep 11, 2014 9:29am
Quoting burnssss
5 large pillars that form a universal system. If you look, these movements apply to the gravitational field. eurusdd, I consider these posts as a great Pointview to beat the market.
Sure, if you do not get your empire blueprint right before you set out to build it, your empire will collapse just like others before you did!
  • #7,907
  • Sep 11, 2014 9:50am Sep 11, 2014 9:50am
Your bishop should be ONE particular trading instrument or one particular basket of instruments. Remember bishop stands for RELIGION in empire building. It represents indirect faithfulness. So, stick to one instrument faithfully and build your empire on that instrument. Understand the playground and approach other competitors indirectly. Traders who trade hundreds of instruments at the same time for their empire do not have a strong empire.
  • #7,908
  • Sep 11, 2014 10:01am Sep 11, 2014 10:01am
use your faithfulness to a particular basket of instruments to win converts, people who will join your empire or invest in it!
  • #7,909
  • Sep 11, 2014 10:05am Sep 11, 2014 10:05am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
Your bishop should be ONE particular trading instrument or one particular basket of instruments. Remember bishop stands for RELIGION in empire building. It represents indirect faithfulness. So, stick to one instrument faithfully and build your empire on that instrument. Understand the playground and approach other competitors indirectly. Traders who trade hundreds of instruments at the same time for their empire do not have a strong empire.
Guilty of this one....but based on what I have learnt from you I am now focusing on just Eurusd as once mastered you can make as much or as little as you want even during low volatility.
An expert is a man who has made all the mistakes which can be made
  • #7,910
  • Sep 11, 2014 10:13am Sep 11, 2014 10:13am
Quoting Neio
{quote} Guilty of this one....but based on what I have learnt from you I am now focusing on just Eurusd as once mastered you can make as much or as little as you want even during low volatility.
Good one there my friend. Rememebr the QUEEN. If you have the right queen, she should work for you any time, during high/low volatility. So, get the right queen, right bishop, right king, right rook, right knight! EMPIRE is born!
  • #7,911
  • Sep 11, 2014 10:16am Sep 11, 2014 10:16am
Note: the right QUEEN should complete the KING you chose. For example, the current empire chose DEMOCRACY as king and a FIAT-Monetary system as queen. Fiat means freedom. democracy means freedom. Both complement each other.

It is clear that the right queen will be difficult to produce but start thinking!
  • #7,912
  • Sep 11, 2014 10:27am Sep 11, 2014 10:27am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
Note: the right QUEEN should complete the KING you chose. For example, the current empire chose DEMOCRACY as king and a FIAT-Monetary system as queen. Fiat means freedom. democracy means freedom. Both complement each other. It is clear that the right queen will be difficult to produce but start thinking!
Trading must be boring for you now. Are there still things that you want to achieve in trading? Is it just a case of maintenance or are you continuing to develop so that you can evolve if need be?

For me personally I just want to make enough each day to give up work to focus on other things and just trade as and when I need too. I would still stay in touch with discussions but not to the degree that I do at the moment.
An expert is a man who has made all the mistakes which can be made
  • #7,913
  • Sep 11, 2014 10:30am Sep 11, 2014 10:30am
The ROOK: I have said nothing about the rook yet! Remember, the rook move straight, far and wide, can sway places with the king, has trust as a sub-component and is close to the king and bishop. What then should be your rook. In the current empire rook = entertainment and corporate media.
Consider the your rook to be Right broker and trading platform.

Both are the domain the houses your empire, similarly in the way rook = castle houses the king. right broker and platform has trust as a component. without trust, your empire cannot work properly. The rook is directly connected to you, since you chose them and you trade yourself on the platform but it can swap places with you by .......
  • #7,914
  • Sep 11, 2014 10:36am Sep 11, 2014 10:36am
for most people, the queen is difficult to produce. so here is a simple test! go back and check what i proposed for queen. If it does not work on EVERY time-frame or pair, you not have the RIGHT queen!. Your empire is not the ultimate!
  • #7,915
  • Sep 11, 2014 10:38am Sep 11, 2014 10:38am
Quoting Eurusdd
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Nice to see you again buddy. I can learn a lot again here, thank you very much.

Try to understand your posts as below :

King : Your secret great system, only for you alone, because it is secret
Knight: In your secret system, you have some method (some logic or sub-system behind your great system). Some time you use method A, some time B.
So no one can predict your move, jump from one method to another
Bishop: You must have a faith to your system. If your system gave you wrong signal, repair it. Until you are fully faith to it.
Do not chase the price, let it come to you
Rook : Good and trusted brokers
Queen: Your system must be universal, work good for any pair, any time frame, any situation (trend or side way), etc .... ??
  • #7,916
  • Sep 11, 2014 10:46am Sep 11, 2014 10:46am
you are the fool
Bottomless wonders spring from simple rules, which are repeated without end
  • #7,917
  • Sep 11, 2014 10:47am Sep 11, 2014 10:47am
Quoting smallcat
{quote} Nice to see you again buddy. I can learn a lot again here, thank you very much. Try to understand your posts as below : King : Your secret great system, only for you alone, because it is secret Knight: In your secret system, you have some method (some logic or sub-system behind your great system). Some time you use method A, some time B. So no one can predict your move, jump from one method to another Bishop: You must have a faith to your system. If your system gave you wrong signal, repair it. Until you are fully faith to it. Do not chase...

Thank you smallcat: But correct this: For a good empire I propose that the king be not a system but a trading philosophy. The queen is the trading system that complements the king!!
  • #7,918
  • Sep 11, 2014 10:51am Sep 11, 2014 10:51am
remember, on the chessboard, the KING does not move often. even if it moves, small increments. Therefore, king should be identified with trading philosophy. one that is stable and does not change often.

Queen should be versatile trading system/blueprint. She must be powerful enough every time.

Rook = broker/platform that houses your empire.
  • #7,919
  • Sep 11, 2014 10:53am Sep 11, 2014 10:53am
King = Idea / Philosophy
Quen = Plan or Blueprint
Knight = Execution (Strategy & Tactics)
Bishop = Belief & Focus (Markets and Study)
Rook = Infrastructure & Platform (Brokers, Systems, Records, Bank)
A pip is only worth it if you know how much you risked to earn it
  • #7,920
  • Sep 11, 2014 10:58am Sep 11, 2014 10:58am
Quoting vlady1974
King = Idea Quen = Plan or Blueprint Knight = Execution (Strategy & Tactics) Bishop = Belief & Focus (Markets and Study) Rook = Infrastructure & Platform (Brokers, Systems, Records, Bank)
Exactly my Lord.




Do you realize, I left out the pawn??? Every empire is out to get one things alone. Control over its inhabitant, resources, followers. In the case of the forex trader you aim is PIPS! That is your pawn.
You can sacrifice pips to get more pips and everything you do is focused on owning pips!

PIPS = pawns!
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