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The similarity system

  • #8,081
  • Sep 14, 2014 8:19am Sep 14, 2014 8:19am
Quoting ephisi
{quote} Yea. Thanks but no thanks I dont take calls. I am bullish shortterm if my when the charts confirms the bullish recovery I will change my bias
as you wish friend
Don't use both feet to test the depth of the river
  • #8,082
  • Sep 14, 2014 10:22am Sep 14, 2014 10:22am
Quoting Neio
{quote} Now I don't pretend to understand everything that is being shown or what conditions Eurusdd is using to get these levels where price seems to be highly recurrent, but I would start to factor certain things into my thinking and look at how it relates to tools/indicators I am already using. Here is my thinking process.. 3 months, big assignment - Yes I am sure it is but what can I learn now.... Why not mark the 1.2911 on your chart and she how it relates to your current indicators? Factor in the fact that he said that price cannot deviate...
Very nice post.I am also try to do the same with the TZ - I think reverse engineering is the best way to find optimal h over time . I choose the optimal one which i can manage to trade. Imo h is related to the price not with TF. As there is no TF let me think what is the optimal h for 28 minutes chart or a 12 minutes chart -My thinking process questions me h is constant in all TF?and i remember that there is no definition of k . I believe euruusdd keep secrets in finding the optimal h because if everyone find optimal h, you know what does it means and I respect his decision or i could be wrong with my idea.
unlearning is difficult than learning-that is the key!!
  • #8,083
  • Sep 14, 2014 10:48am Sep 14, 2014 10:48am
Just had my REAL Euraka moment this weekend. Thank you for everything EURUSDD. The fact that you are sharing this, and taking of the time is amazing.

The reason i know that i had THE Euraka moment, is because i can now trade from a naked chart without any indicators!

Here is ''my'' system:

I will be using these charts when trading. The first is just for stoch dissim/sim, and i will be using this to confirm ''trend'' changes. I also added a volume indi to watch what MM is doing. The second one is the one i will be trading from. It is by the TZ concept, and i found my own strange way of using it.
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Not about how much you win, but how much you loose
  • #8,084
  • Sep 14, 2014 12:04pm Sep 14, 2014 12:04pm
Quoting Ullen
Just had my REAL Euraka moment this weekend. Thank you for everything EURUSDD. The fact that you are sharing this, and taking of the time is amazing. The reason i know that i had THE Euraka moment, is because i can now trade from a naked chart without any indicators! Here is ''my'' system: I will be using these charts when trading. The first is just for stoch dissim/sim, and i will be using this to confirm ''trend'' changes. I also added a volume indi to watch what MM is doing. The second one is the one i will be trading from. It is by the TZ concept,...
We have similar ideas; concept.

This strategy has already been posted so Im not sharing a "secret", thanks, Hepsibah. The probability of a transient zone being a long term turning point is very low and the smaller h is, the lower this probability becomes. In other words, the probability of a transient zone with a low h (provided it is not within a TZ with a much larger h) being subsequently taken out is HIGH.

So instead of looking for the optimum h for long term turning points (low probability), why not assume that short term TZ's with a small h are going to be taken out (high probability).

1. After the left hand side of a potential TZ has formed, scalp as soon as price breaks through and invalidates the TZ.

2. If the TZ forms, scalp towards it once the left hand side of one in the opposite direction has formed, SL would be on the other side of zone.

This is just ONE way out of many ways to trade this, here is another, take a repainting indicator and trade with the intent that it will repaint; use low leverage and lots. If it does repaint look for those prices where it did repaint above or below to be recurrent.

I am employing 8 different strategies between the two charts.
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  • #8,085
  • Sep 14, 2014 12:28pm Sep 14, 2014 12:28pm
Here is another concept that EURUSDD promoted in another one of his threads, have these targets been hit before they have left the screen? YES, except 2, but it still has a little time to work out. Even if 2 does not get hit that is 9 out of 11, not bad in my opinion.
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  • #8,086
  • Sep 14, 2014 3:25pm Sep 14, 2014 3:25pm
Quoting Neio
{quote} Now I don't pretend to understand everything that is being shown or what conditions Eurusdd is using to get these levels where price seems to be highly recurrent, but I would start to factor certain things into my thinking and look at how it relates to tools/indicators I am already using. Here is my thinking process.. 3 months, big assignment - Yes I am sure it is but what can I learn now.... Why not mark the 1.2911 on your chart and she how it relates to your current indicators? Factor in the fact that he said that price cannot deviate...
I don't think you understood that part. What i mean is that when an arrow appears for the first time, price cannot deviate more than 40 pips before retracing back to the arrow. That is the case through out. Eventually price will move on but no arrow that appeared for the first time did not get hit again within that constarint!
  • #8,087
  • Sep 14, 2014 3:45pm Sep 14, 2014 3:45pm
Quoting Eurusdd
{quote} I don't think you understood that part. What i mean is that when an arrow appears for the first time, price cannot deviate more than 40 pips before retracing back to the arrow. That is the case through out. Eventually price will move on but no arrow that appeared for the first time did not get hit again within that constarint!
Hi eurusdd,
how much to time previously tested this principle to assume this deviation?
1 year, 2 years, 10 years ...
Calculate areas transient / recurrent limit in areas of indicators?
You calculate a convergence in the price, but maybe not statistical convergence.
  • #8,088
  • Sep 14, 2014 4:03pm Sep 14, 2014 4:03pm
Quoting Baillie
{quote} We have similar ideas; concept.
Thank you for the input. I think that we are almost trading it the same way. I would say that mainly i look at he ''naked'' chart, and when i see an oppurtunity, i look at the stoch one to support my decision. I suppose this is what EURUSDD is doing when he is talking about his system of several concepts. It must increase probability that the trade will be succesfull.

If it seemed like i was trading ''trend changes'' with the stoch chart, this is not the case
Not about how much you win, but how much you loose
  • #8,089
  • Sep 14, 2014 6:33pm Sep 14, 2014 6:33pm
Quoting burnssss
{quote} Hi eurusdd, how much to time previously tested this principle to assume this deviation? 1 year, 2 years, 10 years ... Calculate areas transient / recurrent limit in areas of indicators? You calculate a convergence in the price, but maybe not statistical convergence.
P may not understand your ststaement exactly, so I will leave you with pictures, going back into the past, to make up your mind if the guy has done a good job so far!

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  • #8,090
  • Sep 14, 2014 6:36pm Sep 14, 2014 6:36pm
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  • #8,091
  • Sep 14, 2014 8:08pm Sep 14, 2014 8:08pm
Hello! So what did I miss? Been away for so long!
I want more brain power!
  • #8,092
  • Sep 14, 2014 9:32pm Sep 14, 2014 9:32pm
Quoting cfdtaleong
Hello! So what did I miss? Been away for so long!
Hey long time! welcome back.
  • #8,093
  • Sep 14, 2014 9:37pm Sep 14, 2014 9:37pm
Quoting Ullen
{quote} Thank you for the input. I think that we are almost trading it the same way. I would say that mainly i look at he ''naked'' chart, and when i see an oppurtunity, i look at the stoch one to support my decision. I suppose this is what EURUSDD is doing when he is talking about his system of several concepts. It must increase probability that the trade will be succesfull. If it seemed like i was trading ''trend changes'' with the stoch chart, this is not the case
Im not trading trend changes with the stoch either, it is part of the similarity concept with MTF.
  • #8,094
  • Sep 14, 2014 10:45pm Sep 14, 2014 10:45pm
Quoting burnssss
{quote} Hi eurusdd, how much to time previously tested this principle to assume this deviation? 1 year, 2 years, 10 years ... Calculate areas transient / recurrent limit in areas of indicators? You calculate a convergence in the price, but maybe not statistical convergence.
Eurusdd said it is result of 14 conditions and it is a huge assignment and his friend finished it in 3 months.so it may not be simple as testing a ten years data as we don't know what are those 14 conditions.
unlearning is difficult than learning-that is the key!!
  • #8,095
  • Sep 15, 2014 1:41am Sep 15, 2014 1:41am
Good morning peeps happy green pips this week.
another tricky trading day but i believe we all learnt from fridays mistakes are better prepared for today.

i dont expect any serious moves today being monday
  • #8,096
  • Sep 15, 2014 1:51am Sep 15, 2014 1:51am
Quoting ephisi
{quote} eurusd will not close below 1.2950 in the next 10 minutes
some binary option calls.
  • #8,097
  • Sep 15, 2014 2:40am Sep 15, 2014 2:40am
Quoting Neio
{quote} Thank you my friend. I am sure you are doing just as well! I have only ever used the MT4 platform so not sure. Still early days for me using what I have learnt here but so far looks very promising and I even made a few mistakes last week getting caught against the trend. So still looking to improve. For those of you that are struggling to come up with anything, here are some thoughts for you. Everything you need to trade EU successfully is all in the threads provided by Eurusdd. Now Eurusdd does not exactly spelled everything out and I don't...
Great post. +1
Good friends are more valuable than gold ...
  • #8,098
  • Edited 2:55am Sep 15, 2014 2:42am | Edited 2:55am
Quoting Eurusdd
Whenever a concept, like transient/recurrent zones, is presented here you should NOT always stick to exactly what you read here but find a more sophisticated and high-probability way of applying the concept. The idea of transient/recurrent zones presented here is in its most basic form as a theorem. However, there are VERY high probability modifications to the simple trading trick I presented here. That is what makes me different from everyone else. It is also up to you to apply it uniquely. If I lose or close a trade negatively in this world, it...
Quoting Eurusdd
Four days ago, I gave a friend a huge assignment. Create an indicator that can identify recurrent prices based on 14 conditions, I gave him. The guy sent me some pictures that i want to share here. He is supposed to finish in three months time, just an idea of how big the assignment is. So, far the probabilities are looking good simply because the fourth condition is that the signals should not repaint!{image} Under the current settings. price cannot deviate more than 40 pips from the transient price mark!
Interesting, thanks Eurusdd. To understand all of them, yes we need time. But it worth ...
Out of town in last weekend, there are some new and nice posts in last 3 pages. Thank to all of you friends ...
Good friends are more valuable than gold ...
  • #8,099
  • Sep 15, 2014 2:55am Sep 15, 2014 2:55am
I am short my next zone lower is 12916- 12907!

Best of luck
  • #8,100
  • Sep 15, 2014 3:13am Sep 15, 2014 3:13am
Quoting josh11
I am short my next zone lower is 12916- 12907! Best of luck
welcome back mate. missed you

im looking for long around 20
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