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The similarity system

  • #8,201
  • Sep 16, 2014 9:10am Sep 16, 2014 9:10am
Quoting cfdtaleong
{quote} spot on V!
, I'm in at "conservative and cautious" price of 2967. I wasn't gonna try and pick the top whilst at work
A pip is only worth it if you know how much you risked to earn it
  • #8,202
  • Sep 16, 2014 9:40am Sep 16, 2014 9:40am
Quoting josh11
{image} Eurusdd (http://www.forexfactory.com/eurusdd) I have received a PM from {image} feline207 (http://www.forexfactory.com/feline207) he said he has been ban from the thread and doesn't know why, he ask me to post this for you: "hey josh, hope your trading is going well. for some unknown reason eurusdd has ignored me and i can no longer post in similarity and his threads. could you please post my message in the thread, as I dont know how i offended him. I have always been follower of his teachings and now I find more success...
Hey Josh, I think it is because he unsubscribed from EURUSDD and this thread, like tit for tat.
  • #8,203
  • Sep 16, 2014 9:40am Sep 16, 2014 9:40am
Quoting vlady1974
{quote} , I'm in at "conservative and cautious" price of 2967. I wasn't gonna try and pick the top whilst at work
If I wasn't at work this would be so much easier.... but suffice to say, don't forget the 4H!
The respect that price has paid to the Bollinger Mid means that this is probably the surest point in intraday price action that you can get for determining confirmed change of trend. I suspect now that price will have to stay above 2975 until 8pm and if it does it's a legit 4H close outside bollinger and I will be looking for moves lower. If it closes below 2975 before 8pm.... then I'm wrong and we'll see 1.3000 tomorrow.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-4H.JPG Size: 100 KB
A pip is only worth it if you know how much you risked to earn it
  • #8,204
  • Sep 16, 2014 9:41am Sep 16, 2014 9:41am
Quoting vlady1974
{quote} Well, there you have it. Edit: 5M posted the barest of Bottoms. 15M has no bottom and 1H has no bottom.... just a new higher Top. 4H... will close at 8PM British Summer Time. GMT an hour later. I don't think it will close on its highs. That means no Top outside Bollinger... it's a form of return to similarity in my opinion. It should now try to settle the lack of bottoms on this timeframe. I'm expecting a deep dive.
Yes a very deep dive!
  • #8,205
  • Sep 16, 2014 9:46am Sep 16, 2014 9:46am
Quoting Baillie
{quote} Hey Josh, I think it is because he unsubscribed from EURUSDD and this thread, like tit for tat.
Yes I said that is why I think also, but he still asked me to post it for him!!
  • #8,206
  • Sep 16, 2014 9:53am Sep 16, 2014 9:53am
Quoting josh11
{quote} Yes I said that is why I think also, but he still asked me to post it for him!!
Might be a She, gentlemen.
A pip is only worth it if you know how much you risked to earn it
  • #8,207
  • Sep 16, 2014 9:54am Sep 16, 2014 9:54am
Quoting killerno
{quote} Hi DimitryFX, thanks for the answer. I am trying to understand it. Would you mind to post your .tpl. It is enough to check your indicator settings. Based on your chart, do you wait for similarity and after dis-similarity again, then you trade? Thanks
Killerno, I am still testing it. So, i don't have the "final" settings yet.
But I can share with some of my "findings".
1-No reason to watch many pairs, one pair from Majors is quiet enough, because the market has the pulse. I prefer "Cable" for now because it has better volatility then euro.
2-Very good idea to monitor two TF's the same time. I like 5m vs 30m.
3-I am not sure yet do i am right about "dis-similarity" but i use it at CI indicator. When i have found the peak (LL or HH) i am waiting for next wave (HL or LH) and make trade. CI is very good indicator to indicate peaks.
Everything is possible!!! Step by Step...
  • #8,208
  • Sep 16, 2014 9:55am Sep 16, 2014 9:55am
Quoting vlady1974
{quote} Might be a She, gentlemen.
lol
  • #8,209
  • Sep 16, 2014 10:05am Sep 16, 2014 10:05am
Quoting vlady1974
{quote} Might be a She, gentlemen.
That is true, if so I am sorry for that lol
  • #8,210
  • Edited 10:36am Sep 16, 2014 10:17am | Edited 10:36am
Ok guys (sorry Gals) I got this TZ strategy whipped! What sucks is these freaking bucket shop brokers raising the spread at my pre defined TP's

Had 2 trades today cross my TP and not trigger it. Had to settle for less.
  • #8,211
  • Edited 12:51pm Sep 16, 2014 12:20pm | Edited 12:51pm
Hey guys, I've been lurking around this thread for quite some time.
I have collected some of the ideas presented here and created a system that combines those ideas in a very efficient way.

The back-testing generated great results, and showed me the great potential this thing has.
I kept on playing around with the settings, and now decided to start testing it in real time.

I have to say that the results so far are quite spectacular. More like too good to be true.

I will try to post the results and share my ideas here as time permits.
I will start by posting the results for Monday & Tuesday's trades
  • #8,212
  • Edited 12:46pm Sep 16, 2014 12:24pm | Edited 12:46pm
Monday 15/09

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  • #8,213
  • Edited 12:46pm Sep 16, 2014 12:26pm | Edited 12:46pm
Tuesday 16/09

As you may have noticed, this can work on any pair and is not restricted to EUR/USD
As long as you have the right setup, any instrument will do.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
  • #8,214
  • Sep 16, 2014 12:45pm Sep 16, 2014 12:45pm
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting FX-Jay
Hey guys, I've been lurking around this thread for quite some time. I have collected some of the ideas presented here and created a system that combines those ideas in a very efficient way. The back-testing generated great results, and showed me the great potential this thing has. I kept on playing around with the settings, and now decided to start testing it in real time. I have to say that so results so far are quite spectacular. More like too good to be true. I will try to post the results and share my ideas here as time permits. I will start...
Great work my friend!
An expert is a man who has made all the mistakes which can be made
  • #8,215
  • Sep 16, 2014 12:55pm Sep 16, 2014 12:55pm
FX-Jay,
Could you talk more aboult your system?
  • #8,216
  • Sep 16, 2014 12:56pm Sep 16, 2014 12:56pm
Quoting Neio
{quote} Great work my friend!

Thanks Neio, this wouldn't have been possible without the generous contribution of everyone here mainly EURUSDD
I hope I will be able to give back at least part of what I have gained here
  • #8,217
  • Sep 16, 2014 1:08pm Sep 16, 2014 1:08pm
Current trade ideas to consider:

Short Eur/Gbp, target 15 pips from current levels
Long Gbp/Huf targeting 396.00

I am also experimenting with stocks, I am not sure how well this will work (I use CFDs on shares provided by my broker)

Short Boeing targeting September's Low
Short UPS targeting last week's Low
Short UTX targeting today's Low

All trades are valid till Friday
  • #8,218
  • Sep 16, 2014 1:43pm Sep 16, 2014 1:43pm
Quoting FX-Jay
Tuesday 16/09 As you may have noticed, this can work on any pair and is not restricted to EUR/USD As long as you have the right setup, any instrument will do. {image}
NICE JOB A+
  • #8,219
  • Sep 16, 2014 1:48pm Sep 16, 2014 1:48pm
Quoting FX-Jay
Hey guys, I've been lurking around this thread for quite some time. I have collected some of the ideas presented here and created a system that combines those ideas in a very efficient way. The back-testing generated great results, and showed me the great potential this thing has. I kept on playing around with the settings, and now decided to start testing it in real time. I have to say that the results so far are quite spectacular. More like too good to be true. I will try to post the results and share my ideas here as time permits. I will start...
Brilliant and impressive results FX-Jay! It's great to see your success!
A pip is only worth it if you know how much you risked to earn it
  • #8,220
  • Sep 16, 2014 2:54pm Sep 16, 2014 2:54pm
Quoting FX-Jay
Monday 15/09 {image}
Quoting vlady1974
{quote} Brilliant and impressive results FX-Jay! It's great to see your success!
are you guys still using the BB Stochs method? or the cycle indicator?
I Am The Danger... I Am The One Who Knocks
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