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The similarity system

  • #8,841
  • Sep 21, 2014 3:24pm Sep 21, 2014 3:24pm
Quoting vlady1974
I am long. 4H timeframe as base. {image}
me too, But will take profit when it weakens cos we will retest 1.2825/30 before 1.2860
  • #8,842
  • Edited 3:38pm Sep 21, 2014 3:26pm | Edited 3:38pm
Quoting ephisi
{quote} You will have to remove me from your ignore list before i can hunt you. you ignored me because i challenged your eurusdd call. im so pissed with fx-jay right now because he feels his the best around here. so immature of you, i sent a message over to fx-jay apologizing to him but he still ignoring me. oh well so much for maturity. if you ever read this, you need to admit that you made a mistake and you long call on eususd expired same day on the 17th after close of market. The best you can do right now on market open is 1.2930 thats if you...
ephisi what happened to your eureka moment trade explorer? I find you posted 90% in almost evry page but i havent seen you shared your chart and result as FX-jay and Vlady...
  • #8,843
  • Sep 21, 2014 3:31pm Sep 21, 2014 3:31pm
That zone is forming into a stationary zone but unless all the time-frames 1min-4hr lock in sync, one should still expect price to do a little up and down. Right now 30min is also in sync. so we are left with 1min-15min.
  • #8,844
  • Sep 21, 2014 3:36pm Sep 21, 2014 3:36pm
its a demo account , i was supposed to use it for daytrading. But i decided to use it to practice scalp trading like eurusdd, ellen,fxjay neio. it was at -4% no big deal. then i couldnt cope with managing my live account with dukascopy and tradeexplore. asforexfactory does tradeexplore for only mt4 brokers. Dukascopy is not an mt4 broker

since i my platform is jforex and not mt4 i tot it unwise to continue using mt4 for demo. i opened a demo account on dukascopy, continued practising . anddeleted the TE, this method of trading needs quick fingers, so i better practise on jforex so i can manage live trades within 10seconds, placing stops, etc

i will post my live account trades if thats your beef. i advice you to focus on learning the system rather than looking for holes

  • #8,845
  • Sep 21, 2014 3:39pm Sep 21, 2014 3:39pm
Quoting ephisi
i advice you to focus on learning the system rather than looking for holes
  • #8,846
  • Sep 21, 2014 3:43pm Sep 21, 2014 3:43pm
Quoting ephisi
its a demo account , i was supposed to use it for daytrading. But i decided to use it to practice scalp trading like eurusdd, ellen,fxjay neio. it was at -4% no big deal. then i couldnt cope with managing my live account with dukascopy and tradeexplore. asforexfactory does tradeexplore for only mt4 brokers. Dukascopy is not an mt4 broker since i my platform is jforex and not mt4 i tot it unwise to continue using mt4 for demo. i opened a demo account on dukascopy, continued practising . anddeleted the TE, this method of trading needs quick fingers,...
yes but i cant concentrate because you talk so much
  • #8,847
  • Sep 21, 2014 3:46pm Sep 21, 2014 3:46pm
Quoting mario777
{quote} yes but i cant concentrate because you talk so much
when you get into a new environment, try to bond with the people in there first, until you bond your statements will be invinsible. your first post on the similarity thread was a beef post. and you will be torn apart. similarity will tear you apart. similarity rules
  • #8,848
  • Sep 21, 2014 3:48pm Sep 21, 2014 3:48pm
30min, 1hr and 4hr charts in sync for a stationary zone. waiting to see 1min-15min connect too, then trend change or inflexion point confirmed!!!
  • #8,849
  • Sep 21, 2014 3:49pm Sep 21, 2014 3:49pm
Quoting Eurusdd
30min, 1hr and 4hr charts in sync for a stationary zone. waiting to see 1min-15min connect too, then trend change or inflexion point confirmed!!!
ok boss, still trying to figure it out. any anecdotes or analogies?
  • #8,850
  • Sep 21, 2014 3:52pm Sep 21, 2014 3:52pm
Quoting ephisi
{quote} me too, But will take profit when it weakens cos we will retest 1.2825/30 before 1.2860
EDITED. will take profit at 1.2860 will wait for reentry on retrace down
  • #8,851
  • Sep 21, 2014 3:53pm Sep 21, 2014 3:53pm
Quoting NorthTrader
{quote} Vlady, I've been reading and thinking about all the great posts made his weekend and now understand why some people, myself included, get confused. The "problem" is that everyone is interpreting and trading TZs in different ways. Which isn't a problem at all, of course. It's great! Some people prefer smaller h values, expecting the zone to be broken (thanks hepsibah!). Some prefer optimal ones for the 3% probability. Some prefer even larger ones for greater security. Some go for variable h values to try to achieve a constant k value. What's...
We got there in the end!
Hat's off to you for persisting and thinking it through.
A pip is only worth it if you know how much you risked to earn it
  • #8,852
  • Sep 21, 2014 3:58pm Sep 21, 2014 3:58pm
Quoting NorthTrader
I think that one of the great things about TZs is knowing your time scales. Knowing that there's a n% chance of it hitting your target within the next h bars. If it doesn't, then all bets are off.
.
  • #8,853
  • Sep 21, 2014 3:58pm Sep 21, 2014 3:58pm
Decided to check out the 1 hour charts for a change
I was lucky enough to immediately find a 96% probability signal

I was wondering if I should show it closed in my profit history in 24 hours or I share it from now for you guys to check it and possibly trade it.

You already have 4 calls from me, this will make them 5.

I intentionally hid the TP, check the chart & let me know what you think. Lots of people are catching on real fast, I'd like to see your opinions on where the target should be and what's the time for this trades's expiry.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 7 KB
  • #8,854
  • Sep 21, 2014 4:03pm Sep 21, 2014 4:03pm
Quoting Eurusdd
30min, 1hr and 4hr charts in sync for a stationary zone. waiting to see 1min-15min connect too, then trend change or inflexion point confirmed!!!
I have all in sync on mine but the 1 min chart...

I am long looking for 12919 lets see
  • #8,855
  • Sep 21, 2014 4:04pm Sep 21, 2014 4:04pm
Some people think too many different ideas are presented on this thread. That is not true. Everything will eventually lead to a similarity system. In order for you to be able to link 1min to 4hr, add probability, add sieve and have a sound similarity system, you need to understand everything introduced here! You cannot construct a meaningful similarity system connecting 1min-4hr, robust enough and correct without incorporating TZ. Because TZ will help you identify key return levels for correction.
Just flow along. in time the entire picture will be clear!!!!
  • #8,856
  • Sep 21, 2014 4:07pm Sep 21, 2014 4:07pm
Quoting Baillie
{quote} From reading everything you have been working through, it is apparent to me that you have more than you realize.
Thanks for doing that!
I want more brain power!
  • #8,857
  • Sep 21, 2014 4:09pm Sep 21, 2014 4:09pm
Quoting Eurusdd
Some people think too many different ideas are presented on this thread. That is not true. Everything will eventually lead to a similarity system. In order for you to be able to link 1min to 4hr, add probability, add sieve and have a sound similarity system, you need to understand everything introduced here! You cannot construct a meaningful similarity system connecting 1min-4hr, robust enough and correct without incorporating TZ. Because TZ will help you identify key return levels for correction. Just flow along. in time the entire picture will...
  • #8,858
  • Sep 21, 2014 4:13pm Sep 21, 2014 4:13pm
15min now in sync. 1min and 5min remaining and then we have a trend change till till the next syncc.....
  • #8,859
  • Edited 4:35pm Sep 21, 2014 4:20pm | Edited 4:35pm
Quoting FX-Jay
Decided to check out the 1 hour charts for a change I was lucky enough to immediately find a 96% probability signal I was wondering if I should show it closed in my profit history in 24 hours or I share it from now for you guys to check it and possibly trade it. You already have 4 calls from me, this will make them 5. I intentionally hid the TP, check the chart & let me know what you think. Lots of people are catching on real fast, I'd like to see your opinions on where the target should be and what's the time for this trades's expiry. {image}...
Hey Jay, I decided to take a look.
Using purely TZ, I have 3 different TPs based on different tfs : 1.09255, 1.09023, 1.08856. The 1st was from 1H. The last 2 were from 15M. Interestingly, 1H and 15M both had 1.08856 but the 1H was not fully formed.

For purely different reasons that I've decided not to reveal here, to do with TZ, I think the target will be 1.08856... but my research isn't 100% yet. I've decided to join your short but set TP for 1.09255 to be conservative.

EDIT:
Attached chart is 1H view with the 3 prices I mentioned plotted.
Attached Image
A pip is only worth it if you know how much you risked to earn it
  • #8,860
  • Sep 21, 2014 4:27pm Sep 21, 2014 4:27pm
Quoting vlady1974
{quote} Hey Jay, I decided to take a look. Using purely TZ, I have 3 different TPs based on different tfs : 1.09255, 1.09023, 1.08856. The 1st was from 1H. The last 2 were from 15M. Interestingly, 1H and 15M both had 1.08856 but the 1H was not fully formed. For purely different reasons that I've decided not to reveal here, to do with TZ, I think the target will be 1.08856... but my research isn't 100% yet. I've decided to join your short but set TP for 1.09255 to be conservative.
For me you are one of the best contributors around! Every post is full of 'honey'. too much.
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