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The similarity system

  • #10,161
  • Oct 13, 2014 12:38am Oct 13, 2014 12:38am
Quoting Barbaresco
{quote} Start at post 5717 on pg 286 - or, read the whole thread for better understanding
Ou je je je, i missed this one, even i have read it so many times ..... Thank you very much Barbaresco, i love this post
  • #10,162
  • Edited 1:04am Oct 13, 2014 12:39am | Edited 1:04am
Hepsibah,

The forming of transient zone or recurrent zone, both repaint....experts like EURUSDD, Lady, Jay...easily predict where the price will go next..will have big confident to judge the current forming of potential zone will end up as transient or recurrent....

But, when each time i assume it is recurrent or it will be transient according to guideline posted on this thread, i enter trade....repaint happens..and end up with loss...I meant if this indi repaint alot, yes i know the PTZ is forming, no one will know nor indi will know what future will happens; but so many guys here having long winning stream 100 win 0 loss.....200 win 0 loss....etc...

I know this indi must not use in such a way like others laggy indi out there.....must be something i missing for sure....I know people can use plain chart with TZ...and having long winning stream....how they done it ???? I really need help ...

TQVM

Quoting vlady1974
Guys, there's positive momentum building here so keep it up. Test, te................
TQ vlady....
  • #10,163
  • Oct 13, 2014 12:48am Oct 13, 2014 12:48am
Quoting hepsibah
{quote} If you mean by repaint that price goes above the mid bar high (if it is a potential top TZ forming), this is exactly the situation Eurusdd looks for. Read post #5884 a few times until you see what he is saying. Rather than enter beneath the zone assuming it is going to be transient (low probability), enter after it has gone above and confirmed it is recurrent rather than transient and trade back towards the zone. However, you must use a SL as there will be occasions where price takes off and doesn't return.
Hi,hepsibah

Thank you for the information.Im still a little perplexed.
Can you show that on a labeled chart?
  • #10,164
  • Oct 13, 2014 1:26am Oct 13, 2014 1:26am
Quoting paladim
Hepsibah, The forming of transient zone or recurrent zone, both repaint....experts like EURUSDD, Lady, Jay...easily predict where the price will go next..will have big confident to judge the current forming of potential zone will end up as transient or recurrent.... But, when each time i assume it is recurrent or it will be transient according to guideline posted on this thread, i enter trade....repaint happens..and end up with loss...I meant if this indi repaint alot, yes i know the PTZ is forming, no one will know nor indi will know what future...
I am agree with you. I set up indicator today and watching them all time. it is repainting.
  • #10,165
  • Oct 13, 2014 1:29am Oct 13, 2014 1:29am
Quoting jinakado
{quote} I am agree with you. I set up indicator today and watching them all time. it is repainting.
Hey buddy, repainting isn't such a bad thing if you know how to leverage it. The markets greatest strength, is also it's biggest weakness.
  • #10,166
  • Oct 13, 2014 1:44am Oct 13, 2014 1:44am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5-forex-trend-limited.png Size: 41 KB

I have 3 questions:
1) what value of H should I set up for the frame 5M , 15M , 1H , 4H? any? they are all different?
2) 32 of 1000 bars (3.2%) . is it important 3.2 %?
3) If the price break TZ , we are going to looking for buy somewhere around A, and our target will be the TZ ?
because we are almost guaranteed revisit to TZ if it was broken.

they are all repainting, I do not know how you guys have no loss of 100-200 trades.
  • #10,167
  • Oct 13, 2014 1:57am Oct 13, 2014 1:57am
Quoting jinakado
{image} I have 3 questions: 1) what value of H should I set up for the frame 5M , 15M , 1H , 4H? any? they are all different? 2) 32 of 1000 bars (3.2%) . is it important 3.2 %? 3) If the price break TZ , we are going to looking for buy somewhere around A, and our target will be the TZ ? because we are almost guaranteed revisit to TZ if it was broken. they are all repainting, I do not know how you guys have no loss of 100-200 trades.
Why don't you simply trade what has been confirmed? They don't repaint forever. Which is the last CONFIRMED zone on your chart? what is price doing with respect to that zone? Trade the UNCONFIRMED zone with the bias you got from the CONFIRMED one. How hard can it be?
  • #10,168
  • Oct 13, 2014 2:10am Oct 13, 2014 2:10am
Quoting LITEchild
{quote} Why don't you simply trade what has been confirmed? They don't repaint forever. Which is the last CONFIRMED zone on your chart? what is price doing with respect to that zone? Trade the UNCONFIRMED zone with the bias you got from the CONFIRMED one. How hard can it be?
Attached Image (click to enlarge)
Click to Enlarge Name: 222.png Size: 39 KB

I think because when it already confirmed, it is too late too get enter as you see on the screen.
  • #10,169
  • Oct 13, 2014 2:15am Oct 13, 2014 2:15am
Quoting jinakado
{image} I have 3 questions: 1) what value of H should I set up for the frame 5M , 15M , 1H , 4H? any? they are all different? 2) 32 of 1000 bars (3.2%) . is it important 3.2 %? 3) If the price break TZ , we are going to looking for buy somewhere around A, and our target will be the TZ ? because we are almost guaranteed revisit to TZ if it was broken. they are all repainting, I do not know how you guys have no loss of 100-200 trades.
+1 jinakado
  • #10,170
  • Oct 13, 2014 2:25am Oct 13, 2014 2:25am
Quoting jinakado
{quote} {image} I think because when it already confirmed, it is too late too get enter as you see on the screen.
still digesting....my eye red,watery, itchy, head abit weight, real headache , drink lot of lemon since hours back.....and body very tired...cause sleepless just to crack this code..


from my understanding, do you see the nearest recurrent zone on the left side of your chart?

once the last recurrent zone occurred/closed/confirmed/......whatsoever to express this....my native language non english..soz


tat previous recurrent zone is our new target, the take profit level..

so one we confirmed this is our target, we then let the price to move up to roof and wait and look for good entry for short/sell/price move down (reverse direction)....but how and when to entry?

if we found our entry on top roof.....we will trade from top to down to hit tat tp level....u got wat i meant?

and is wat i meant is right? really hope some expert will help to answer directly/plainly...pls dont give blur answer...

TQVM,
Paladim
  • #10,171
  • Oct 13, 2014 2:41am Oct 13, 2014 2:41am
it sounds very rude I know, but IF we are here to help each other and developing, why wouldn't you upload your system explanation with pictures or even with video?
because it is 1000 of time better watch than read something.
as I understand, there is no exactly 1 entry and exit rules , because you can adopt it as your system.
If you guys already adopted it as yours and having good results, please show us.
I know that someone is testing it and someone is already having the system.
no one cares what you do, but We can together make something better. 2 and more brains are always better than 1
Of course no one have to do it. it is your right.

sorry again If you think that I am a slacker.
  • #10,172
  • Oct 13, 2014 2:47am Oct 13, 2014 2:47am
Quoting jinakado
it sounds very rude I know, but IF we are here to help e....
  • #10,173
  • Oct 13, 2014 2:59am Oct 13, 2014 2:59am
Quoting jinakado
{quote} {image} I think because when it already confirmed, it is too late too get enter as you see on the screen.

Start from higher time frames first, down to small ones with a large H. Find the true transient areas.

A 5 minute chart will just burn holes in your pockets.
  • #10,174
  • Oct 13, 2014 3:04am Oct 13, 2014 3:04am
It has been said by Vlady and many others that there is no 'system'. Eurusdd gave us an incredibly valuable concept and some have adapted it to suit their own trading styles. It is doubtful than any of them have a template + indicators to hand over to anyone, even if they felt so inclined. And why should they since they have put in many, many hours to devise something unique to them.

However, ppl have been trying to help you, not least Eurusdd. Here is probably the clearest example he used of one way of using the concept profitably. Note that, in this example, repainting of a forming TZ that proves not to be a TZ is your friend (as LITEchild pointed out). Read it over and over again until you see it.

One way to use this to your benefit.

since transient rectangles have small heights in general, if price falls into the region A, we can assume we are in a recurrent zone. So prices within the zone A will be hit by at least two bars or price will pull back into the rectangle above!!!

Attached Image (click to enlarge)
http://www.forexfactory.com/attachme...1&d=1408155594
  • #10,175
  • Oct 13, 2014 3:09am Oct 13, 2014 3:09am
Maybe some of you new guys need to learn to spot transient zones with the naked eye, and understand their behaviour. Then you may be able to understand the nature of them.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB
  • #10,176
  • Oct 13, 2014 3:13am Oct 13, 2014 3:13am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 8 KB
  • #10,177
  • Oct 13, 2014 3:56am Oct 13, 2014 3:56am
Frankly. The Financial Market, Forex in particular
is a highly competitive field. Do NOT expect anyone
will feed you with a silver spoon...
There are great promises, possibilities of a high reward,
but at the same time there are great risks, great scammers/marketers
that offer you ' A Holly Grail'.
It is much better to be realistic, practical.
Do not expect miracles at once.
We are here to help each other. But what does it mean to help?
How one can help anyone without knowing his/her preferences, personality etc.
There are thousands of examples that actually it is impossible to directly copy
anyone's style/system/strategy. Give the same one, to the two different people
and each of them will achieve distinctive result.
Be realistic,be practical. Everyone has to do himself the work.
What is here at FF and also in Life in general that sometimes, when you've got
an open mind, you have a chance to meet a person, who is really gentle and generous,
to give you a right idea, hint, pointing your nose in the right direction.
People like Eurusdd, Vlady and many Wise Minds here in this thread are right examples.
One has to hear it, not just listen; has to understand it not just read, has to do the work,
walk the way, not just talk.
Just my morning thoughts.
Mind is the King
  • #10,178
  • Oct 13, 2014 4:05am Oct 13, 2014 4:05am
Quoting MikiMax
Frankly. The Financial Market, Forex in particular is a highly competitive field. Do NOT expect anyone will feed you with a silver spoon... There are great promises, possibilities of a high reward, but at the same time there are great risks, great scammers/marketers that offer you ' A Holly Grail'. It is much better to be realistic, practical. Do not expect miracles at once. We are here to help each other. But what does it mean to help? How one can help anyone without knowing his/her preferences, personality etc. There are thousands of examples...
Excellent post
  • #10,179
  • Oct 13, 2014 4:15am Oct 13, 2014 4:15am
Quoting MikiMax
Frankly. The Financial Market, Forex in particular is a highly competitive field...............
da best i think i found the answer alr...thanks Hepsibah, LiTEchild, jinakado, leeshindig...and Miki!

ofcourse, full respect to EURUSDD, Madmoney, vLady...all the best!
  • #10,180
  • Oct 13, 2014 6:07am Oct 13, 2014 6:07am
Quoting MikiMax
Frankly. The Financial Market, Forex in particular is a highly competitive field. Do NOT expect anyone will feed you with a silver spoon... There are great promises, possibilities of a high reward, but at the same time there are great risks, great scammers/marketers that offer you ' A Holly Grail'. It is much better to be realistic, practical. Do not expect miracles at once. We are here to help each other. But what does it mean to help? How one can help anyone without knowing his/her preferences, personality etc. There are thousands of examples...
Great Post mate!!

Anyone still struggling pls re-read this thread there is bits of gold everywhere
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