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The similarity system

  • #9,621
  • Sep 30, 2014 8:08am Sep 30, 2014 8:08am
Quoting Baillie
{quote} HMM.. 1.2752 ??? Do you mean 1.2652? 1.2752 not going to happen till Thurs at earliest, if bottom holds. BTW, bottom will not hold this week.
sorry. my mistake. quick fingers
  • #9,622
  • Sep 30, 2014 8:10am Sep 30, 2014 8:10am
Quoting mario777
{quote} 70 pips tp! now on sell ,,, {image}
still on sell!
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  • #9,623
  • Sep 30, 2014 8:10am Sep 30, 2014 8:10am
Quoting tashkent
{quote} i do not want to talk much about how i trade but i trade mostly combination of tz and breakouts/trend (not sure if anybody noticed that from my charts). i use different method for ranging markets. and the beauty of the concept is that you can trade it in so many different ways and still make profit.
same here. i got different method for range and swing. but trz is part of both systems
  • #9,624
  • Sep 30, 2014 8:12am Sep 30, 2014 8:12am
Spot the difference. Whatever next. Im working my way through the posts, are people getting much success with this system?
  • #9,625
  • Sep 30, 2014 8:14am Sep 30, 2014 8:14am
Quoting orid
too you more knowledgable people I mentioned this way back zone at 2750 which it reached I didn't get any response , im still trying to work out the disim and similarity business now turned out I was right on the first one (lucky guess ?) I mentioned the second one awhile ago at 2540 now could I possibly be on the right track will it go down to 2540 ?? Cmon you disim experts what do you think please? regards Orid peter {image}{image}
everyone is busy scalping this days. i dont use this dimension of dissim. so i cant comment. but great price projection mate
  • #9,626
  • Sep 30, 2014 8:16am Sep 30, 2014 8:16am
Started TZs only for my trades.
My help is in the name of the Lord who made heaven and earth.
  • #9,627
  • Sep 30, 2014 8:19am Sep 30, 2014 8:19am
Quoting ephisi
{quote} everyone is busy scalping this days. i dont use this dimension of dissim. so i cant comment. but great price projection mate
Thanks ephsi , just would like to know if im on the right track or just lucky as I'm not sure , maybe no one else is interested.
Regards Orid peter
  • #9,628
  • Sep 30, 2014 10:56am Sep 30, 2014 10:56am
For the newer guys this theory is good. From it we have a number of systems in play. All have been working well but if you think its just because of the system you are dead wrong. Its the traders behind that make it work. Right now in trying to recover from today's massive drop because of one problem only. I'll blame my cat who right now is sleeping on my right hand so I'm typing this with my left only but we all know where the true problem lies.
I want more brain power!
  • #9,629
  • Sep 30, 2014 10:56am Sep 30, 2014 10:56am
Quoting orid
{quote} Thanks ephsi , just would like to know if im on the right track or just lucky as I'm not sure , maybe no one else is interested. Regards Orid peter
you cant be lucky all the time. youre probably doing something right. if it works for you over time then you can trust your judgements
  • #9,630
  • Sep 30, 2014 11:26am Sep 30, 2014 11:26am
Hey Guys,

Great to see the banter on here. CFD, your comment is spot on! 50% of the success being achieved here is the principles/implementation... but let's not forget the other side of the equation - the actual trader. They are the ones - ie. US! that make it work. We nutted out the problems, we nutted out how to make it fit into our trading styles, we nutted out how it works/doesn't work.... we did it. The "system" is ours. We can compare notes.... hopefully we can find a nugget amongst each others that may just add that little difference.... but otherwise, we can take half the credit!

Ephisi, what a day mate... as i said this morning, i should have stepped away. Got into a muddle during New York and pressed the wrong button AGAIN!! 40 pips under for 3 hours until just now. Back in Green. I'm working on a new indicator called FU.TZ!! LOL

Edit:
Closed (EU and AU). From -40 to +60, use the FU.TZ indicator for a helluva ride while you work! Mwahahaha. CFD, your cat isn't called Futz is it? Haha!
A pip is only worth it if you know how much you risked to earn it
  • #9,631
  • Sep 30, 2014 11:37am Sep 30, 2014 11:37am
Quoting vlady1974
Hey Guys, Great to see the banter on here. CFD, your comment is spot on! 50% of the success being achieved here is the principles/implementation... but let's not forget the other side of the equation - the actual trader. They are the ones - ie. US! that make it work. We nutted out the problems, we nutted out how to make it fit into our trading styles, we nutted out how it works/doesn't work.... we did it. The "system" is ours. We can compare notes.... hopefully we can find a nugget amongst each others that may just add that little difference.......
Never let your cat in your trading room..too much of a recurrent distraction
I want more brain power!
  • #9,632
  • Sep 30, 2014 11:37am Sep 30, 2014 11:37am
Quoting vlady1974
Hey Guys, Great to see the banter on here. CFD, your comment is spot on! 50% of the success being achieved here is the principles/implementation... but let's not forget the other side of the equation - the actual trader. They are the ones - ie. US! that make it work. We nutted out the problems, we nutted out how to make it fit into our trading styles, we nutted out how it works/doesn't work.... we did it. The "system" is ours. We can compare notes.... hopefully we can find a nugget amongst each others that may just add that little difference.......
glad you came out green
  • #9,633
  • Sep 30, 2014 12:11pm Sep 30, 2014 12:11pm
looks like we have seen the bottom. if not the next stop is 1.24...
As Above, So Below
  • #9,634
  • Sep 30, 2014 1:31pm Sep 30, 2014 1:31pm
Quoting hepsibah
As LiteChild said, I trade them a little differently and it's probably not what Eurusdd intended but it's very safe and certainly profitable. It's almost like 'reverse breakouts' in that I'll sell if price closes under a previous TZ top from above and vice versa from TZ bottoms. As soon as a previous TZ has been taken out in this way, you have the short term trend so you're never caught on the wrong side of a new massive move. My SL is the immediately higher TZ (or 20 pips if it's further away) and price will usually head to the next nearest TZ...
I do this on m5 with a possible TZ on a higher timeframe in my mind. But I use a higher “h”. Nice said: 'reverse breakouts'.
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  • #9,635
  • Sep 30, 2014 7:27pm Sep 30, 2014 7:27pm
I believe i just had another eureka moment when it comes to tz. Indicator
  • #9,636
  • Sep 30, 2014 7:29pm Sep 30, 2014 7:29pm
At first i was able to see price aknowledge my line
but i didnt understand when other's said that price has to reach that level within this amount of time
  • #9,637
  • Sep 30, 2014 7:32pm Sep 30, 2014 7:32pm
Quoting orid
just to show how easy this is today so far, I ony usually trades for 10 to 20 pips a day (live ) this is on demo last hour or so 34 pips no loss 11 trades. regards .were heading for 2540 hehehe orid peter {image}
I believe so.... Good job, keep it going
  • #9,638
  • Sep 30, 2014 7:35pm Sep 30, 2014 7:35pm
Quoting wireash
At first i was able to see price aknowledge my line but i didnt understand when other's said that price has to reach that level within this amount of time
There is a way to predict the price level and the time to get there using the correct (h) for your TZ's. I have been testing this theory, seems to work very well (not perfect),but getting there.
  • #9,639
  • Sep 30, 2014 7:37pm Sep 30, 2014 7:37pm
WITH THAT SAID:
WITH STUDYING THIS INDI. AND WHAT IT;S TRYING TO DO (KEEP IN MIND THAT I DONT USE THAT INDI. WHILE TRADING)
I CAN PINPOINT THE LEVEL'S THAT THE PRICE MISSED ,AND I CAN TELL WHEN IT WILL COME BACK TO THAT PROBLEM LEVEL BEFORE IT DOES ANYTHING ELSE
gbp/nzd 4H CHART
LINE: 2.0697
TIMELINE NEXT 13 CANDLES
I SAW THAT ON MONDAY SO FAR 260PIPS IN PROFIT
I WOULD SAY HAT EARLIER BUT I DONT TRADE $USD
BUT IT SHOWS YOU THAT THIS STRATEGY WORKS ON ANY PAIR
THAT'S WHY I FEEL THE NEED TO SHARE IT WITH YOU
  • #9,640
  • Sep 30, 2014 7:39pm Sep 30, 2014 7:39pm
Quoting baillie
{quote} there is a way to predict the price level and the time to get there using the correct (h) for your tz's. I have been testing this theory, seems to work very well (not perfect),but getting there.
i think i just exposed it
11 or 13 on 1h or 4h timeframe
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