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The similarity system

  • #9,241
  • Sep 24, 2014 6:57am Sep 24, 2014 6:57am
Quoting yuxuan89
ok really confused, what should i be looking out for?
I usually have 2 charts open. They are usually a fractal of each other.
Eg. 15M on the left, 5M chart on the right. 1H on the left, 15M on the right.

This way, if I am looking at TZ then I can see whether a TZ is forming at the same times on both timeframes.
TZs will always form alot quicker on smaller timeframes... so when they're both in sync, it's more powerful.

==============

With Similarity... i'm guessing from your questions to me that you are wanting to relate it quickly to Long or Short.
If you want to do this, investigate the CI method. This has been good for Orid Peter. He then combined it with TZ... voila... Cha Ching.
The CI method gives you signals that can be trade triggers. Study up on it.

If you go down the ZZBB method, then there's a whole bunch of things you need to look out for - really requires that you know how to trade already.
If you use Ralome's indicator... that's a whole new ballgame, graduate level if you like.

==============

Apologies: don't want to confuse you... Want to guide you towards simplicity.... before dissimilarity. LOL
A pip is only worth it if you know how much you risked to earn it
  • #9,242
  • Sep 24, 2014 7:13am Sep 24, 2014 7:13am
1.2830 is the new center of gravity for a swing to the next top! so below that number is a chance to buy. it will be recurrent.
  • #9,243
  • Sep 24, 2014 7:16am Sep 24, 2014 7:16am
Quoting Eurusdd
1.2830 is the new center of gravity for a swing to the next top! so below that number is a chance to buy. it will be recurrent.


I think I found something today mate, I need to test properly but think now I can understand the timing aspect of it....

Thank you again for all the hard work, I have learnt so much from you from the begin

  • #9,244
  • Sep 24, 2014 7:16am Sep 24, 2014 7:16am
Quoting Eurusdd
1.2830 is the new center of gravity for a swing to the next top! so below that number is a chance to buy. it will be recurrent.
Noted. Thanks boss.

Quoting pedma
{quote} +1 . i hope can be a full trader some day {quote} Yes, i love this thread. There are so many good traders here, and they have good heart. I learned much from this thread. Thanks a lot Eurusdd and all of members here for your contributions --- I am looking for a short to touch my zone @2828 - 2833. Edit: 2844 will be hit almost surely. Then i will look for next lower target around 2832.
Done. Really great concept Eurusdd, thank you
Good friends are more valuable than gold ...
  • #9,245
  • Sep 24, 2014 7:23am Sep 24, 2014 7:23am
1.2840 shd be first target!
  • #9,246
  • Sep 24, 2014 7:24am Sep 24, 2014 7:24am
I believe we are very close to low!

New theory lets see...
  • #9,247
  • Sep 24, 2014 7:26am Sep 24, 2014 7:26am
Quoting Robertk
{quote} 1.28260 in my book first for today/next hour(s) lets see
Level reached. Long from here and out of office for the remainder.
  • #9,248
  • Sep 24, 2014 7:28am Sep 24, 2014 7:28am
is it possible it will correct that old dis zone on the daily from july 2013 I mentioned 2750 couple days ago that was what I refered to ?
RegardsOrid peter
  • #9,249
  • Sep 24, 2014 7:32am Sep 24, 2014 7:32am
Quoting orid
is it possible it will correct that old dis zone on the daily from july 2013 I mentioned 2750 couple days ago that was what I refered to ? RegardsOrid peter
cant see a problem there
Don't use both feet to test the depth of the river
  • #9,250
  • Sep 24, 2014 7:41am Sep 24, 2014 7:41am
Quoting josh11
I believe we are very close to low! New theory lets see...
I do not know your theory but you have my support!
  • #9,251
  • Sep 24, 2014 7:42am Sep 24, 2014 7:42am
like I said 1.2830 is 32-recurrent, so expect it to be hit many times
  • #9,252
  • Sep 24, 2014 7:44am Sep 24, 2014 7:44am
Quoting Eurusdd
{quote} I do not know your theory but you have my support!
Does this make any sense to you...

Don't know if these calculation are right might need adjusting but for next 24hrs this low should hold?

This is an experiment pls don't follow anyone Thanks
  • #9,253
  • Sep 24, 2014 7:46am Sep 24, 2014 7:46am
Quoting josh11
{quote} Does this make any sense to you... Don't know if these calculation are right might need adjusting but for next 24hrs this low should hold?
Eh Prof. Josh11, you must be sitting on something. Bold call ooh.
  • #9,254
  • Sep 24, 2014 7:48am Sep 24, 2014 7:48am
Quoting Eurusdd
{quote} Eh Prof. Josh11, you must be sitting on something. Bold call ooh.
To be honest I could be completely wrong but at less I will be remembered of this if it hold true, Time will tell
  • #9,255
  • Sep 24, 2014 7:55am Sep 24, 2014 7:55am
Quoting Eurusdd
like I said 1.2830 is 32-recurrent, so expect it to be hit many times
Errr, what does "32-recurrent" mean !?
You reap what you sow.
  • #9,256
  • Sep 24, 2014 8:00am Sep 24, 2014 8:00am
it is heading to 1.27
nothing will make me buy this until then.
As Above, So Below
  • #9,257
  • Sep 24, 2014 8:01am Sep 24, 2014 8:01am
Quoting NorthTrader
{quote} Errr, what does "32-recurrent" mean !?
forget the 32. just note, that number will be hit a number of times
  • #9,258
  • Sep 24, 2014 8:08am Sep 24, 2014 8:08am
you do not need anything. all you have to do is look at the chart for 2 seconds, nothing else.
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As Above, So Below
  • #9,259
  • Sep 24, 2014 8:08am Sep 24, 2014 8:08am
Quoting josh11
{quote} Does this make any sense to you... Don't know if these calculation are right might need adjusting but for next 24hrs this low should hold? This is an experiment pls don't follow anyone Thanks
Ok that didn't wrk but I think I am on to something need some time
  • #9,260
  • Sep 24, 2014 8:10am Sep 24, 2014 8:10am
Quoting josh11
{quote} Don't know if these calculation are right might need adjusting but for next 24hrs this low should hold?
Hi Josh, I think I roughly know what you're doing. The problem is that it is very tricky business to calculate absolute tops and bottoms. For example, this EURUSD bottom is a bottom on 1 minute time scale but also on the monthly scale, so the low TF statistics data simply do not suffice. I.e., one needs to use all the relevant timescales to predict something of this sort.
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