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The similarity system

  • #10,061
  • Oct 8, 2014 3:22am Oct 8, 2014 3:22am
Quoting FX-Jay
{quote} Keep up the great work, and keep us posted. I trade all instruments that my broker offers I even experimented with stocks for a while. I usually use H4 TF, recently I'm going for the H1 and M30
GUYS! GOLD NUGGETS
Higher Timeframe (Shhhhhhh)
A pip is only worth it if you know how much you risked to earn it
  • #10,062
  • Oct 8, 2014 3:34am Oct 8, 2014 3:34am
Quoting Occamz
{quote} Amazing results Jay! But whatever happened to those 3 big long calls you made, though? One was for 1.2990, placed at around 1.2900 and you kept extending the time for it to occur..... by last Friday it would have been 400 pips underwater.
Exists are as important (if not more) than entries.
Each of my signals has a maximum exit day and lately I added an addition exist price in the form of a preset SL that can only get tighter.

The 1.299 calls expired a long time ago, probably Sept 23rd if I'm not mistaken, and I gave it more time to Sept 26th.
The good thing is that at that time is that I was still using small volumes and the short scalps taken on lower TFs were there to offset the drawdown of the longs and even end up with a profit.

Again, will keep on repeating, money management is the key, you don't want 1 low probability occurrence erase all your gains.
  • #10,063
  • Oct 8, 2014 4:08am Oct 8, 2014 4:08am
so anybody expecting this to go lower around 1.261, 1.26?
  • #10,064
  • Oct 8, 2014 4:11am Oct 8, 2014 4:11am
Quoting evrynet
so anybody expecting this to go lower around 1.261, 1.26?
my 5 min tf expected tp at 2635
Mind is the King
  • #10,065
  • Oct 8, 2014 4:31am Oct 8, 2014 4:31am
Quoting evrynet
so anybody expecting this to go lower around 1.261, 1.26?
yes i expect 1.2560
  • #10,066
  • Oct 8, 2014 4:32am Oct 8, 2014 4:32am
Quoting feline207
{quote} yes i expect 1.2560
the only hope for that is a good FOMC I guess
  • #10,067
  • Oct 8, 2014 4:50am Oct 8, 2014 4:50am
Quoting evrynet
{quote} the only hope for that is a good FOMC I guess
a hope in trading=disaster...imho
Mind is the King
  • #10,068
  • Oct 8, 2014 4:58am Oct 8, 2014 4:58am
Quoting MikiMax
{quote} a hope in trading=disaster...imho
so the answer is no
  • #10,069
  • Oct 8, 2014 5:10am Oct 8, 2014 5:10am
I don't understand how you apply TZ's on entrys. Can someone please explain with a chart maybe? Thanks!
  • #10,070
  • Oct 8, 2014 5:48am Oct 8, 2014 5:48am
Quoting danhei
I don't understand how you apply TZ's on entrys. Can someone please explain with a chart maybe? Thanks!
I'd refer to Vlady's pdf and comments of other Wise Minds
Mind is the King
  • #10,071
  • Oct 8, 2014 5:53am Oct 8, 2014 5:53am
@GekkorJr92

Your calculation for "uninterrupted" runs should be from 1st red circle to second red circle.

Once an opposite arrow appears, the run is interrupted, that why you should end your calculation based on the 2nd red circle's low.
Also don't start your calculation from the top (colored arrow), start it from the red 1st red circle (i.e. when the first arrow in opposing direction appears)
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 78 KB
  • #10,072
  • Oct 8, 2014 6:31am Oct 8, 2014 6:31am
Quoting FX-Jay
@GekkorJr92 Your calculation for "uninterrupted" runs should be from 1st red circle to second red circle. Once an opposite arrow appears, the run is interrupted, that why you should end your calculation based on the 2nd red circle's low. Also don't start your calculation from the top (colored arrow), start it from the red 1st red circle (i.e. when the first arrow in opposing direction appears) {image}
Thanks Jay. I just PM'ed you. :-)
  • #10,073
  • Oct 8, 2014 6:52am Oct 8, 2014 6:52am
Quick EU , UC combo on M5 netted 21 pips
I want more brain power!
  • #10,074
  • Oct 8, 2014 7:07am Oct 8, 2014 7:07am
Attached Image (click to enlarge)
Click to Enlarge Name: today's trades.png Size: 234 KB
Mind is the King
  • #10,075
  • Oct 8, 2014 7:33am Oct 8, 2014 7:33am
just back from a very long tiring drive, wow looks like some great tips and ideas happening.
regards Orid peter
  • #10,076
  • Oct 8, 2014 8:07am Oct 8, 2014 8:07am
Quoting MikiMax
{image}
good result there....possible to share your tpl? thanks....
  • #10,077
  • Oct 8, 2014 8:12am Oct 8, 2014 8:12am
Quoting paladim
{quote} good result there....possible to share your tpl? thanks....
my tpl is just a plain bar chart with TZ indi
Mind is the King
  • #10,078
  • Oct 8, 2014 8:20am Oct 8, 2014 8:20am
Quoting MikiMax
{quote} my tpl is just a plain bar chart with TZ indi
the full guideline is based on this post pdf?

Quoting vlady1974
As promised, here are my notes on the Uneven Transient Zones (UTZ) technique that I used today. Please consider this a work in progress, just like all the other approaches in this thread. {image}
  • #10,079
  • Oct 8, 2014 8:29am Oct 8, 2014 8:29am
Quoting paladim
{quote} the full guideline is based on this post pdf? {quote}
I believe the full guideline is based upon the thread since EurUsdd mentioned probabilty...
in addition to his ideas, all comments of Wise Minds along with Vlady's pdf and his comments
(even those just from the latest hours).
Mind is the King
  • #10,080
  • Oct 8, 2014 8:48am Oct 8, 2014 8:48am
Quoting feline207
{quote} yes i expect 1.2560
I am waiting for 2594. Will FOMC do the reverse, and going up ???
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