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The similarity system

  • #8,441
  • Sep 18, 2014 8:45am Sep 18, 2014 8:45am
may I ask an ignorant question? why the new area (orange one) in the Transient_Zones indi appears and disappears?
Humble & Kalcker CLO2 = Covid killer
  • #8,442
  • Sep 18, 2014 8:46am Sep 18, 2014 8:46am
Quoting jusiur
may I ask an ignorant question? why the new area (orange one) in the Transient_Zones indi appears and disappears?
Because it gets taken out within h number of bars from the bar anchoring the analysis.
A pip is only worth it if you know how much you risked to earn it
  • #8,443
  • Sep 18, 2014 8:46am Sep 18, 2014 8:46am
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  • #8,444
  • Sep 18, 2014 8:52am Sep 18, 2014 8:52am
Quoting FX-Jay
{quote} Wise words Vlad, I always keep repeating to myself that success comes when you put emotions on the side. Maybe that's one of the main reasons I prefer higher Time Frames, much less emotions are involved compared to lower TFs & scalping Btw having mentioned EURUSDD, I believe he still have the conviction that there is a problem that needs to be corrected on the Daily charts around 1.334 i guess This also complements my theory on a relatively big correction on eur/usd in the near future (although my theory on this has nothing to do with charts...
Well... the one Non-Similarity concept that I am holding onto which is contrary to the Bearishness... is the Elliot Wave 4 count. This is the long-awaited retrace that people are anticipating. This retracement is also going to be deep... so that 1.33 price isn't out of the water yet in my opinion. The deeper the retrace, the more conviction I have of the long term bear move to parity. Even on a "rough" fib extension to somewhere beyond current low... 50% is 1.339.
Perhaps we can do that.... put 50% fib on Eurusdd's number and we can then project where the Wave 3 bottom could be...

Anyone do that on a clear chart? Mine is rubbish with shitloads of lines. LOL

Edit:
So let me clarify the language. Up is bullish, Down is bearish. Bear Bias is different... It's a long term view that we are a downtrend on higher tfs (month etc).
So a retrace would be bullish... but I would still call it a Bear Trend..... hope that's as clear as mud. LOL
A pip is only worth it if you know how much you risked to earn it
  • #8,445
  • Sep 18, 2014 8:59am Sep 18, 2014 8:59am
Quoting FX-Jay
Always believe in your system and trust your intuition. I must admit that I was so close to give up my bullish targets on eur/usd after reading all those bearish comments here (which are coming from people I follow before I even started with this system) I am maintaining my 1.299 target on eur/usd and 0.93 target on usd/chf ( it's still not Tuesday yet, no? ) Despite not giving up my targets, you guys sure had an effect on me & I did close the positions I took at lower prices and was planning to keep for 1.299

Must admit I was a little derailed today. I had clear TZ buy signals on both H1 and H4 but Vlady and ephisi, who I both respect (tho maybe you two should get a room after today's banter - lol ), had me second guessing. So I screwed up a bit - all down to me of course not sticking to my plan.

Anyway, it's a good lesson and at least I know the TZ's are still holding up if I choose to follow them. I am now awaiting a new TZ low on M15, M30 and H1 and will then take another view.

gl to all, whichever flavour of the strategy you are following.
  • #8,446
  • Sep 18, 2014 9:00am Sep 18, 2014 9:00am
Quoting FX-Jay
Always believe in your system and trust your intuition. I must admit that I was so close to give up my bullish targets on eur/usd after reading all those bearish comments here (which are coming from people I follow before I even started with this system) I am maintaining my 1.299 target on eur/usd and 0.93 target on usd/chf ( it's still not Tuesday yet, no? ) Despite not giving up my targets, you guys sure had an effect on me & I did close the positions I took at lower prices and was planning to keep for 1.299

I can understand the validity/reason of the 1.299ish level I just can't figure what is the "twist" to the TZ/RZ you added. Up until the last hour I was quite sure I got the whole TZ/RZ but guess not..
I want more brain power!
  • #8,447
  • Sep 18, 2014 9:02am Sep 18, 2014 9:02am
Quoting vlady1974
{quote} Because it gets taken out within h number of bars from the bar anchoring the analysis.
from this perspective need I take the point made by Eurusdd in THIS (http://www.forexfactory.com/showthread.php?p=7680276#post7680276) post?
Humble & Kalcker CLO2 = Covid killer
  • #8,448
  • Sep 18, 2014 9:03am Sep 18, 2014 9:03am
Quoting hukam
{image}
15 pips long order closed.
thanks Eurusdd (http://www.forexfactory.com/eurusdd) you have showed us the new way to fx..
  • #8,449
  • Sep 18, 2014 9:06am Sep 18, 2014 9:06am
Quoting FX-Jay
Always believe in your system and trust your intuition. I must admit that I was so close to give up my bullish targets on eur/usd after reading all those bearish comments here (which are coming from people I follow before I even started with this system) I am maintaining my 1.299 target on eur/usd and 0.93 target on usd/chf ( it's still not Tuesday yet, no? ) Despite not giving up my targets, you guys sure had an effect on me & I did close the positions I took at lower prices and was planning to keep for 1.299
No one is perfect mate? EURUSDD tot use here to predict moves, call them out. he told us of a similar game they used to play and helped improve prediction.
Even eurusdd called surepips atimes and it didnt workout. thats why u have money management and probabbility.
meanwhile sure dosnt mean 100percent in my own opinion.

no beef
  • #8,450
  • Sep 18, 2014 9:09am Sep 18, 2014 9:09am
Quoting hepsibah
{quote} Must admit I was a little derailed today. I had clear TZ buy signals on both H1 and H4 but Vlady and ephisi, who I both respect (tho maybe you two should get a room after today's banter - lol ), had me second guessing. So I screwed up a bit - all down to me of course not sticking to my plan. Anyway, it's a good lesson and at least I know the TZ's are still holding up if I choose to follow them. I am now awaiting a new TZ low on M15, M30 and H1 and will then take another view. gl to all, whichever flavour of the strategy you are...

sorry about that. you know too well to follow your own signal and plans. This the same reason eurusdd left the thread. Blaming others for what you should take responsibility on.

when youre right everyone hails you. when youre wrong once they shout crucify him crucify him
  • #8,451
  • Sep 18, 2014 9:09am Sep 18, 2014 9:09am
Quoting jusiur
{quote} from this perspective need I take the point made by Eurusdd in THIS (http://www.forexfactory.com/showthread.php?p=7680276#post7680276) post?
Excellent! I remember that post. If you keep going further from that post, I recall that I responded by not agreeing with that and gave my reasons. I wait for a retest.
Remember, I'm not Eurusdd and I don't have all his tools and therefore not aware of all the nuances that he knows. So, I can only trade it the way I am comfortable.
A pip is only worth it if you know how much you risked to earn it
  • #8,452
  • Sep 18, 2014 9:11am Sep 18, 2014 9:11am
Quoting hepsibah
{quote} Must admit I was a little derailed today. I had clear TZ buy signals on both H1 and H4 but Vlady and ephisi, who I both respect (tho maybe you two should get a room after today's banter - lol ), had me second guessing. So I screwed up a bit - all down to me of course not sticking to my plan. Anyway, it's a good lesson and at least I know the TZ's are still holding up if I choose to follow them. I am now awaiting a new TZ low on M15, M30 and H1 and will then take another view. gl to all, whichever flavour of the strategy you are...
Hmm thanks for this. Made me re-look my charts and agree with the TZ buys on H1 and H4 but for some reason my logic fails to correlate on the lower TF. Reasons I can think of is I'm reading things wrong and the agreement is but coincidence or I have a logic deficiency somewhere

Edit : When the grey matter is not working jolt with whisky. hope it helps
I want more brain power!
  • #8,453
  • Sep 18, 2014 9:12am Sep 18, 2014 9:12am
Quoting hepsibah
{quote} Must admit I was a little derailed today. I had clear TZ buy signals on both H1 and H4 but Vlady and ephisi, who I both respect (tho maybe you two should get a room after today's banter - lol ), had me second guessing. So I screwed up a bit - all down to me of course not sticking to my plan. Anyway, it's a good lesson and at least I know the TZ's are still holding up if I choose to follow them. I am now awaiting a new TZ low on M15, M30 and H1 and will then take another view. gl to all, whichever flavour of the strategy you are...
Shit man... sorry to have influenced. We'll get a room!

How deep are you looking at for your retrace? Back up to 2990?
Sorry.... let me rephrase, as I don't have a TZ on my platform.... whereabouts are the TZs forming roughly on the 1H?
BTW, I'm shorting the 20. Just for the hell of it.
A pip is only worth it if you know how much you risked to earn it
  • #8,454
  • Sep 18, 2014 9:13am Sep 18, 2014 9:13am
An extremely high probability trade proving itself on USD/MXN
Check out the charts with TZ, if you can spot a sell worth 70+ pips then you're on the right track.

Just the positive swaps to be gained on selling that thing should be a reward by itself

Edit: don't forget the time factor, if you are going to take the trade manage your money accordingly
  • #8,455
  • Sep 18, 2014 9:15am Sep 18, 2014 9:15am
Quoting ephisi
{quote} sorry about that. you know too well to follow your own signal and plans. This the same reason eurusdd left the thread. Blaming others for what you should take responsibility on. when youre right everyone hails you. when youre wrong once they shout crucify him crucify him
please read again ephisi - I was only blaming myself, no one else
  • #8,456
  • Sep 18, 2014 9:19am Sep 18, 2014 9:19am
Quoting onlywin
hi all, fantastic thread, please can someone send the indicators and template that has dimitryfx? the volume is not necessary. I would like to have that bollinger settings and the 2 indicators "cycle" I hope someone will help me a greeting. sorry my bad english.
post # 6560 (http://www.forexfactory.com/showthread.php?p=7688528#post7688528)
Everything is possible!!! Step by Step...
  • #8,457
  • Sep 18, 2014 9:21am Sep 18, 2014 9:21am
Quoting vlady1974
{quote} Shit man... sorry to have influenced. We'll get a room! How deep are you looking at for your retrace? Back up to 2990? Sorry.... let me rephrase, as I don't have a TZ on my platform.... whereabouts are the TZs forming roughly on the 1H? BTW, I'm shorting the 20. Just for the hell of it.
I am only looking for TZ's below 1.2907 - probably around 1.2896. It could still move up to 1.2937 before it does that but the theory would still be the same.
  • #8,458
  • Sep 18, 2014 9:23am Sep 18, 2014 9:23am
Quoting hepsibah
{quote} Must admit I was a little derailed today. I had clear TZ buy signals on both H1 and H4 but Vlady and ephisi, who I both respect (tho maybe you two should get a room after today's banter - lol ), had me second guessing. So I screwed up a bit - all down to me of course not sticking to my plan. Anyway, it's a good lesson and at least I know the TZ's are still holding up if I choose to follow them. I am now awaiting a new TZ low on M15, M30 and H1 and will then take another view. gl to all, whichever flavour of the strategy you are...

Things have changed. havnt you noticed that these price actions are unusuall. times are changing. What used to be easy is no more easy. now we have to adapt.
  • #8,459
  • Sep 18, 2014 9:25am Sep 18, 2014 9:25am
Quoting FX-Jay
An extremely high probability trade proving itself on USD/MXN Check out the charts with TZ, if you can spot a sell worth 70+ pips then you're on the right track. Just the positive swaps to be gained on selling that thing should be a reward by itself Edit: don't forget the time factor, if you are going to take the trade manage your money accordingly
You mean this one on the Monthly?
Attached Image (click to enlarge)
Click to Enlarge Name: USDMXN.JPG Size: 78 KB
A pip is only worth it if you know how much you risked to earn it
  • #8,460
  • Sep 18, 2014 9:28am Sep 18, 2014 9:28am
Quoting ephisi
{quote} Things have changed. havnt you noticed that these price actions are unusuall. times are changing. What used to be easy is no more easy. now we have to adapt.
But the beauty of the TZ's is that it doesn't seem to matter, they just keep telling you what next.
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