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The similarity system

  • #8,301
  • Sep 17, 2014 9:03am Sep 17, 2014 9:03am
Quoting Robertk
Did anyone had a unsolved problem around .29500 about 1,5-2 hours ago? just wondering if I am on the right track or that its just my luck.
i have a zone at 1.2945-1.2950, but it seems the lowest is 1.2952. i don't think it will go down to reach that zone before fomc. i have put a buy (scalp some pips).
A sell limit order is set at 1.2989.
Good friends are more valuable than gold ...
  • #8,302
  • Sep 17, 2014 9:05am Sep 17, 2014 9:05am
Quoting Robertk
{quote} Hey Baillie, yeah been a while Decided to modify/tweak my 2nd strategy a little bit with the information found in here. At the moment playing a little bit with MTF and TZ/RZ.
Cool

There's a lot of pressure building right now to the up side.
  • #8,303
  • Sep 17, 2014 9:12am Sep 17, 2014 9:12am
Quoting pedma
{quote} i have a zone at 1.2945-1.2950, but it seems the lowest is 1.2952. i don't think it will go down to reach that zone before fomc. i have put a buy (scalp some pips). A sell limit order is set at 1.2989.
Probabilities; 1.2989 is good, maybe a little higher, market is being forced down atm, looks like a mark up will happen.
  • #8,304
  • Sep 17, 2014 9:23am Sep 17, 2014 9:23am
Quoting Baillie
{quote} Probabilities; 1.2989 is good, maybe a little higher, market is being forced down atm, looks like a mark up will happen.
Thanks Baillie. Yes, it will be pushed up, before pressed down. 2989-2994 is a good zone, i am just want to make sure that my limit order is hit, so i take the lower one
Good friends are more valuable than gold ...
  • #8,305
  • Sep 17, 2014 9:23am Sep 17, 2014 9:23am
Quoting Baillie
{quote} I like your style Jay, that is how I am using the TZ zones also, probabilities, there is also a pattern the market makes that confirms if the TZ will hold or break, I cannot share, but it is there if you look carefully. I have too many demo's going right now testing different theories. All seem to be working great, so I am looking to integrate into one complete strategy. Subscribing! BTW fantastic results, keep it up!
I totally understand what you are talking about. However, I've noticed that quite alot of time this pattern sometimes gets invalidated towards the end of "H", so personally I would rather hold on to the trade till it is completely invalidated.

Best of luck with your strategy, btw I passed through many related theory testings before finally deciding on this one.
The amazing thing about it (but still requires further testing) is that even when we have a 'rare event' and the trade is invalidated, the price tends to get as close as possible to the entry price as if it is telling you to go out with the least amount of damage. That is just spooky
  • #8,306
  • Sep 17, 2014 9:31am Sep 17, 2014 9:31am
From the set of orders I posted a little while ago, 2 have hit their TP (usdpln & usdhuf), the rest are still in the market

Below are the open I have for now:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
  • #8,307
  • Sep 17, 2014 9:41am Sep 17, 2014 9:41am
Quoting FX-Jay
From the set of orders I posted a little while ago, 2 have hit their TP (usdpln & usdhuf), the rest are still in the market Below are the open I have for now: {image}
Your going to let the cat out of the bag.....lol No animal cruelty intended.
  • #8,308
  • Sep 17, 2014 9:42am Sep 17, 2014 9:42am
Quoting pedma
{quote} Thanks Baillie. Yes, it will be pushed up, before pressed down. 2989-2994 is a good zone, i am just want to make sure that my limit order is hit, so i take the lower one
I get ya!
  • #8,309
  • Sep 17, 2014 9:42am Sep 17, 2014 9:42am
Quoting FX-Jay
From the set of orders I posted a little while ago, 2 have hit their TP (usdpln & usdhuf), the rest are still in the market Below are the open I have for now: {image}
Again I repeat that those orders are high probability orders that have a 90%+ success rate. All pairs that have USD in them are short USD, and those pairs are not related to each other. All the pairs that have EUR in them are pointing to a higher EUR.

So for those of you that believe the EURUSD is going down without reaching at least 1.2989, they are standing in the face of not only 1 90% probability, but 5*90% probabilities.

Remember that those probabilities are valid till Tuesday, so in case EUR/USD actually crashes before reaching 1.289+ then expect it to be back at that level before the US open on next Tuesday. (This is a long time I know! but that invalidates 1.27 before 1.3)
  • #8,310
  • Sep 17, 2014 9:49am Sep 17, 2014 9:49am
I keep saying Im going to scalp but hard to break a habit, I could have grabbed 3-4 pips quite a few times already.
  • #8,311
  • Sep 17, 2014 9:51am Sep 17, 2014 9:51am
Quoting FX-Jay
{quote} Again I repeat that those orders are high probability orders that have a 90%+ success rate. All pairs that have USD in them are short USD, and those pairs are not related to each other. All the pairs that have EUR in them are pointing to a higher EUR. So for those of you that believe the EURUSD is going down without reaching at least 1.2989, they are standing in the face of not only 1 90% probability, but 5*90% probabilities. Remember that those probabilities are valid till Tuesday, so in case EUR/USD actually crashes before reaching 1.289+...
Now you are really saying toooo much, lol
  • #8,312
  • Sep 17, 2014 9:54am Sep 17, 2014 9:54am
Quoting Baillie
{quote} Now you are really saying toooo much, lol
Okay I'll stop there
  • #8,313
  • Sep 17, 2014 10:00am Sep 17, 2014 10:00am
Quoting FX-Jay
{quote} Again I repeat that those orders are high probability orders that have a 90%+ success rate. All pairs that have USD in them are short USD, and those pairs are not related to each other. All the pairs that have EUR in them are pointing to a higher EUR. So for those of you that believe the EURUSD is going down without reaching at least 1.2989, they are standing in the face of not only 1 90% probability, but 5*90% probabilities. Remember that those probabilities are valid till Tuesday, so in case EUR/USD actually crashes before reaching 1.289+...
Without revealing too much of your mechanics... is there an idea you can share regarding the time element of your probability formula? Or is that a reflection of some kind of qty of bars calculation in your formula... which then extrapolates "time" by means of qty?
A pip is only worth it if you know how much you risked to earn it
  • #8,314
  • Sep 17, 2014 10:06am Sep 17, 2014 10:06am
Quoting FX-Jay
From the set of orders I posted a little while ago, 2 have hit their TP (usdpln & usdhuf), the rest are still in the market Below are the open I have for now: {image}
keep up the good job!
you may consider opening a trade explorer if you want to show your trades to others. it is easier than keep posting your statements.
As Above, So Below
  • #8,315
  • Sep 17, 2014 10:51am Sep 17, 2014 10:51am
Quoting vlady1974
Italian boys! Grazie for the retro post numbers! Classic stuff. Here's the genesis of the Close Outside Bollinger Band "reason".... {quote}
Thank you Orid and Vlady, yes I started from the beginning about 1 month ago and only in last week I had the full view about EURUSDD precious techniques
I fully agree with you, Lorenzo was asking for a summary, however I confirm that 400 pages are nothing in this case, because the value is infinitive.
  • #8,316
  • Sep 17, 2014 10:57am Sep 17, 2014 10:57am
Quoting sram
I took short from 2961 looking for 2923 let me watch.
Out with +18 pips. time is over for that trade . Fomc time .I am still bearish and looking for 2923 today but with small lot.
unlearning is difficult than learning-that is the key!!
  • #8,317
  • Sep 17, 2014 11:07am Sep 17, 2014 11:07am
Quoting pedma
{quote} You are right mate. It is going down now. Will put a buy limit at 1.2949, TP around 1.2989. Edit: Any one trade NZD/USD ? i think it is more clear on that pair, NU will down.
Wow, NU is really aggressive ..
Good friends are more valuable than gold ...
  • #8,318
  • Sep 17, 2014 11:15am Sep 17, 2014 11:15am
Quoting Pigh77
{quote} Thank you Orid and Vlady, yes I started from the beginning about 1 month ago and only in last week I had the full view about EURUSDD precious techniques I fully agree with you, Lorenzo was asking for a summary, however I confirm that 400 pages are nothing in this case, because the value is infinitive.
I'll give you a vote of confidence and any other observer / new visitor who has taken the time to read the whole thread.
Welcome aboard and I hope you speedy success in implementing the principles quickly and making some pips!!
A pip is only worth it if you know how much you risked to earn it
  • #8,319
  • Sep 17, 2014 11:41am Sep 17, 2014 11:41am
Quoting tashkent
{quote} keep up the good job! you may consider opening a trade explorer if you want to show your trades to others. it is easier than keep posting your statements.
Thanks mate.
For the time time being I'll stay away from the TradeExplorer as long as I am in the testing phase.
Once testing is over I will open a real $50K just for this strategy and link it on TE for everyone to check and comment.
I hope there is an option to keep at least part of the history/orders hidden, because eventually that would give away the whole strategy.
  • #8,320
  • Sep 17, 2014 11:58am Sep 17, 2014 11:58am
Quoting FX-Jay
{quote} Thanks mate. For the time time being I'll stay away from the TradeExplorer as long as I am in the testing phase. Once testing is over I will open a real $50K just for this strategy and link it on TE for everyone to check and comment. I hope there is an option to keep at least part of the history/orders hidden, because eventually that would give away the whole strategy.
i think you can hide your orders but not sure about the history of your trades...
anyway, good luck mate
As Above, So Below
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