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The similarity system

  • #9,201
  • Sep 24, 2014 3:59am Sep 24, 2014 3:59am
Quoting killerno
{quote} Hi josh11, good the hear it So you have an EUR/EKA moment would you mind to tell us which post opened your eyes? (at least one of the last posts ) probably I see something too Thanks
Its just an Idea but its all the recent post about TZ but looking at it differently I could be very wrong so will test first
  • #9,202
  • Sep 24, 2014 4:07am Sep 24, 2014 4:07am
Quoting josh11
{quote} Its just an Idea but its all the recent post about TZ but looking at it differently I could be very wrong so will test first
okay, thanks. hope you get success!!

regards
  • #9,203
  • Sep 24, 2014 4:13am Sep 24, 2014 4:13am
Quoting vlady1974
Long @ 2850.1 5M, aggressive, with h=6. There is another h @ 12 which has a lower TZ at 2840.
Yeah, that move was a tad too aggressive. Probably less to do with technical setup and more to do with me being at work.
I've added at 46.

The higher lows are the 'naked' effects of the uneven transient zones.
So if the theory holds, 2840 shouldn't be taken out.
However, the last TZ on the 5M is actually a top... so I was pre-empting (not good).

I'm doing this live so I can map out the entire experience, warts and all.
Demo is different... I've done it and I tend not to care.... so it's not a true reflection of me. LOL
A pip is only worth it if you know how much you risked to earn it
  • #9,204
  • Sep 24, 2014 4:18am Sep 24, 2014 4:18am
Quoting vlady1974
{quote} Yeah, that move was a tad too aggressive. Probably less to do with technical setup and more to do with me being at work. I've added at 46. The higher lows are the 'naked' effects of the uneven transient zones. So if the theory holds, 2840 shouldn't be taken out. However, the last TZ on the 5M is actually a top... so I was pre-empting (not good). I'm doing this live so I can map out the entire experience, warts and all. Demo is different... I've done it and I tend not to care.... so it's not a true reflection of me. LOL
NO. EURUSD is going below 1.28385. Now, since you love ZZ bollinger band, Let me help you with a perfect system calls. put BB 32, SD = 2 on your 1min chart. and pay attention to the calls I will make.

Your ZZ should be 32-1-1
  • #9,205
  • Sep 24, 2014 4:27am Sep 24, 2014 4:27am
maybe 2857?

Sorry, i think that i see the movement
  • #9,206
  • Sep 24, 2014 4:31am Sep 24, 2014 4:31am
The next leg of the 32-1-1 zz pointing downward will be below 1.28385
  • #9,207
  • Sep 24, 2014 4:31am Sep 24, 2014 4:31am
Quoting vlady1974
{quote} Yeah, that move was a tad too aggressive. Probably less to do with technical setup and more to do with me being at work. I've added at 46. The higher lows are the 'naked' effects of the uneven transient zones. So if the theory holds, 2840 shouldn't be taken out. However, the last TZ on the 5M is actually a top... so I was pre-empting (not good). I'm doing this live so I can map out the entire experience, warts and all. Demo is different... I've done it and I tend not to care.... so it's not a true reflection of me. LOL
Okay that bounce did work off one small TZ... but the cost of that experiment was -6 pips.

I'm listening now Chief..... emails dealt with, phone on hold. LOL
A pip is only worth it if you know how much you risked to earn it
  • #9,208
  • Sep 24, 2014 4:32am Sep 24, 2014 4:32am
Quoting Eurusdd
{quote}NO. EURUSD is going below 1.28385. Now, since you love ZZ bollinger band, Let me help you with a perfect system calls. put BB 32, SD = 2 on your 1min chart. and pay attention to the calls I will make. Your ZZ should be 32-1-1
This is a change!
A pip is only worth it if you know how much you risked to earn it
  • #9,209
  • Sep 24, 2014 4:34am Sep 24, 2014 4:34am
Quoting Eurusdd
The next leg of the 32-1-1 zz pointing downward will be below 1.28385
On the 1M I can see that clearly!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-1M.JPG Size: 63 KB
A pip is only worth it if you know how much you risked to earn it
  • #9,210
  • Sep 24, 2014 4:35am Sep 24, 2014 4:35am
Quoting vlady1974
{quote} This is a change!
The change from 24 to 32 seems to have made the band wider in some places?
A pip is only worth it if you know how much you risked to earn it
  • #9,211
  • Sep 24, 2014 4:37am Sep 24, 2014 4:37am
Quoting vlady1974
{quote} On the 1M I can see that clearly! {image}
ok now wait for hit
  • #9,212
  • Sep 24, 2014 4:38am Sep 24, 2014 4:38am
Quoting vlady1974
{quote} The change from 24 to 32 seems to have made the band wider in some places?
don't worry. i just chose a random number for a quick trade. one that can happen quickly for all to see.
  • #9,213
  • Sep 24, 2014 4:46am Sep 24, 2014 4:46am
Questions:
If price is an upward path, but the BB stays flat at the bottom, then that point is fixed and "no" repaints?
  • #9,214
  • Sep 24, 2014 5:15am Sep 24, 2014 5:15am
1.2823 im seeing it
Don't use both feet to test the depth of the river
  • #9,215
  • Sep 24, 2014 5:19am Sep 24, 2014 5:19am
Quoting Strawbale
1.2823 im seeing it
I am suspecting that this will be a huge double bottom.
A pip is only worth it if you know how much you risked to earn it
  • #9,216
  • Sep 24, 2014 5:22am Sep 24, 2014 5:22am
Quoting vlady1974
{quote} I am suspecting that this will be a huge double bottom.
I am with U
  • #9,217
  • Sep 24, 2014 5:26am Sep 24, 2014 5:26am
anyone on a long for eurusd?
  • #9,218
  • Sep 24, 2014 5:26am Sep 24, 2014 5:26am
double bottom, triple bottom, many bottoms, all I know is that there will be a new bottom!
  • #9,219
  • Sep 24, 2014 5:26am Sep 24, 2014 5:26am
Quoting yuxuan89
anyone on a long for eurusd?
not yet waiting for trigger
Don't use both feet to test the depth of the river
  • #9,220
  • Sep 24, 2014 5:28am Sep 24, 2014 5:28am
My bias is mildly changing. I am still bearish all the way to 1.25 and beyond.
But the short term weekly, to me, seems to be confirming a Wave 4 retrace with some magnitude to it. could be 100-200-300 pips.

I'm not say it needs to be, just that it makes sense for it to be if we are to see sub 2700 prices. Because those who are short, want that kind of movement to make millions. Shorting from 3000,3100 all the way to 1.21 as I've seen forecasts go... that's 1000 pips. Why would it just drop after consolidation for a mere 800 which was the move from May?

So to me, the "bullish" behaviour is a sign for Longs... but not in a Bull way, where the target is 1.4. No. It's a Wave 4 Elliot Wave retracement. For those who are not familiar, there are 5 waves in Elliot Wave. The 3rd wave is almost always the Longest..... hello!!! This long leg since June is that 3rd wave. In order to get to the 5th Wave.... which can be just as long as the 3rd.... needs a 4th wave. Some commentators say that it needs to be a sharp, steep height..... kind of like pulling that bow and arrow for the final shot.....

Hence why a retrace to 1.29, 1.3, 1.31 is not unrealistic at all. Need to think like a gazzillionaire in order to understand that they want 1000+ pips... not peasley 200-300 pips. It's a different way of thinking.

Just saying.
A pip is only worth it if you know how much you risked to earn it
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