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The similarity system

  • #9,821
  • Oct 3, 2014 5:32am Oct 3, 2014 5:32am
anyway I predict 2528 then reverse
Mad or genius ?
orid peter
  • #9,822
  • Oct 3, 2014 7:30am Oct 3, 2014 7:30am
you do not need to predict the exact levels where price will reach.
all you need to know is the direction of the next move within your chosen timeframe.
As Above, So Below
  • #9,823
  • Oct 3, 2014 7:32am Oct 3, 2014 7:32am
Quoting ephisi
missed my swings. looking to take a swing short 1.2660/70 ish targeting below 1.2576
GAMEOVER. TRZ SWINGS.
  • #9,824
  • Oct 3, 2014 7:33am Oct 3, 2014 7:33am
(Sigh)
Well that was an easy set of pips. I shorted from a not-so-attractive price of 12632.
Had TPs at 12576 through to 12560. Happy Days.
A pip is only worth it if you know how much you risked to earn it
  • #9,825
  • Oct 3, 2014 7:35am Oct 3, 2014 7:35am
Quoting ephisi
{quote} Slowly but surely. We should get there? Nfp will decide if it happens today
Slowly but surely. Looking at the complications involved in scalping trzs and the ease of swinging trzs. Also comparing risks of blowing accounts. I choose to swings. Over 150pips and holding
  • #9,826
  • Oct 3, 2014 7:35am Oct 3, 2014 7:35am
Quoting tashkent
you do not need to predict the exact levels where price will reach. all you need to know is the direction of the next move within your chosen timeframe.
Yes tash I know what your saying I'm just having a stab at the zones on the daily , the last two I predicted worked, probably more arse than class definitely not in Eurusd s or josh11s class that's for sure
regards orid peter
  • #9,827
  • Oct 3, 2014 7:38am Oct 3, 2014 7:38am
Quoting ephisi
{quote} Slowly but surely. Looking at the complications involved in scalping trzs and the ease of swinging trzs. Also comparing risks of blowing accounts. I choose to swings. Over 150pips and holding
Nice one mate! Great call on the 2576.
Just watching the 5M now... not sure if I want to get in again for the 2500 test. Tails forming with only 3.5 hours of London.... I'm better off buying shorts to drink thank shorts to pip LOL
A pip is only worth it if you know how much you risked to earn it
  • #9,828
  • Oct 3, 2014 7:40am Oct 3, 2014 7:40am
Quoting ephisi
{quote} Slowly but surely. Looking at the complications involved in scalping trzs and the ease of swinging trzs. Also comparing risks of blowing accounts. I choose to swings. Over 150pips and holding
nice ephisi and vlady wish I had your nerves and skills.
  • #9,829
  • Oct 3, 2014 7:41am Oct 3, 2014 7:41am
I'm actually slightly annoyed I didn't long USD as strategically this is my plan for the coming months. grrr
A pip is only worth it if you know how much you risked to earn it
  • #9,830
  • Oct 3, 2014 7:42am Oct 3, 2014 7:42am
just carefull of red news shortly
  • #9,831
  • Oct 3, 2014 7:42am Oct 3, 2014 7:42am
Quoting mario777
{quote} still on sell! {image}
My TP missed just a pip
Attached Image (click to enlarge)
Click to Enlarge Name: fx.png Size: 26 KB
  • #9,832
  • Oct 3, 2014 7:42am Oct 3, 2014 7:42am
Quoting orid
anyway I predict 2528 then reverse Mad or genius ? orid peter
Genius it seem

Great call
  • #9,833
  • Oct 3, 2014 7:43am Oct 3, 2014 7:43am
60 pip move on Dollar suggests that 110 is doable but profit taking just had to happen.
This doesn't bode well for the EUR so, sub 2500 is there.... just timing for entries if you're not already in.
Those holding from 2660ish are in a great place obviously.
A pip is only worth it if you know how much you risked to earn it
  • #9,834
  • Oct 3, 2014 7:44am Oct 3, 2014 7:44am
Quoting josh11
{quote} Genius it seem Great call
I concur! Great stuff Peter!
A pip is only worth it if you know how much you risked to earn it
  • #9,835
  • Oct 3, 2014 7:49am Oct 3, 2014 7:49am
Quoting limprobable
Hello, I think the most interesting TZ are the one in blue/purple in the chart bellow. They seems to appear in a nowhere lands of price (during an acceleration of price?) and showing clearly a trend market. The others one are only showing simply High and Low confirmated x H later... they can be interesting only in a market with no clearly tendance for scalping. {image} Can someone adapt the indi to filter and showing only these blue/purple zone ? And maybe like the first indicator schowing these TZ in formation and hen they are confirmed? PS: i...
Hi LimpB,

Those "mid" bar zones effectively still qualify as transient because apart from the bar that went through those prices, there are no other bars that went through that price within h bars. Hence the indi draws the height (price) and width (+/- h) in that range.

In my research, these zones will eventually be returned to... but not necessarily soon, especially if there is a prevailing trend or breakout. If it occurs within a ranging period, they can be taken out.
A pip is only worth it if you know how much you risked to earn it
  • #9,836
  • Oct 3, 2014 7:53am Oct 3, 2014 7:53am
Quoting vlady1974
{quote} Nice one mate! Great call on the 2576. Just watching the 5M now... not sure if I want to get in again for the 2500 test. Tails forming with only 3.5 hours of London.... I'm better off buying shorts to drink thank shorts to pip LOL
Down is done for today. Look at history
  • #9,837
  • Oct 3, 2014 7:54am Oct 3, 2014 7:54am
Remember the formula. Range range range 60 to 100 pips. Breakout 100 to 200pips. Range range range 60 to 100pips
  • #9,838
  • Oct 3, 2014 7:56am Oct 3, 2014 7:56am
Quoting orid
anyway I predict 2528 then reverse Mad or genius ? orid peter
Genius. Whatever youre doing is working for you. More class than arse
  • #9,839
  • Oct 3, 2014 7:58am Oct 3, 2014 7:58am
Quoting orid
{quote}nice ephisi and vlady wish I had your nerves and skills.
Lol you do. You just havnt realized it
  • #9,840
  • Oct 3, 2014 7:59am Oct 3, 2014 7:59am
Quoting josh11
{quote} Genius it seem Great call
aw shucks

Quoting vlady1974
{quote} I concur! Great stuff Peter!
aw shucks again

Quoting ephisi
{quote} Genius. Whatever youre doing is working for you. More class than arse
triple aw shucks
sorry for the spam how do you put quotes together in one post?

EDIT found it

Regards Orid peter
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