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The similarity system

  • #10,181
  • Oct 13, 2014 6:15am Oct 13, 2014 6:15am
I'm on my third read from pg 286. Here are just some of the Jewels I had collected along the way for personal use... There are many many more!!! Thanks for all that have contributed. Take time and absorb a bit here and there. If you find yourself lost and confused consider this a part of the process and take a break. Sleep on it and do something pleasingly constructive. The first read was a mathematical mind bend for me, but the second time through...BOOOM!!! Bombs started dropping and unearthing jewels EVERYWHERE! LOL

Like a chemical extraction. The spent material may still has a few alkaloids left. so a few more pulls will prove valuable indeed!
Attached File(s)
File Type: pdf Jewels of the TZ section.pdf   560 KB | 1,834 downloads
  • #10,182
  • Oct 13, 2014 6:55am Oct 13, 2014 6:55am
Quoting Rahimseven
I'm on my third read from pg 286. Here are just some of the Jewels I had collected along the way for personal use... There are many many more!!! Thanks for all that have contributed. Take time and absorb a bit here and there. If you find yourself lost and confused consider this a part of the process and take a break. Sleep on it and do something pleasingly constructive. The first read was a mathematical mind bend for me, but the second time through...BOOOM!!! Bombs started dropping and unearthing jewels EVERYWHERE! LOL Like a chemical extraction....

Excellent stuff!

Kinda weird scrolling through and then seeing words you've written in someone else's notes. Well done for collating this Rahimseven.... hopefully you've put it to good use!
A pip is only worth it if you know how much you risked to earn it
  • #10,183
  • Oct 13, 2014 7:11am Oct 13, 2014 7:11am
Quoting vlady1974
{quote} Excellent stuff! Kinda weird scrolling through and then seeing words you've written in someone else's notes. Well done for collating this Rahimseven.... hopefully you've put it to good use!

Many thanks to you Vlady!!! MANY THANKS!

Reading your own words is a special thing isn't it? A valuable recurrence in many ways.
  • #10,184
  • Oct 13, 2014 7:16am Oct 13, 2014 7:16am
Quoting leeshindig
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. {image}
NICe!
I want more brain power!
  • #10,185
  • Oct 13, 2014 7:18am Oct 13, 2014 7:18am
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.
You are sitting on it
I want more brain power!
  • #10,186
  • Oct 13, 2014 7:34am Oct 13, 2014 7:34am
Quoting paladim
{quote} +1 jinakado
I'm assuming this is free fox's indy? REPAINTING is one of the ideas. You will not have a lot of trades if they don't repaint.
I want more brain power!
  • #10,187
  • Oct 13, 2014 7:42am Oct 13, 2014 7:42am
Quoting cfdtaleong
{quote} I'm assuming this is free fox's indy? REPAINTING is one of the ideas. You will not have a lot of trades if they don't repaint.
Exactly! "A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3%"

Completed TZs do not repaint...
  • #10,188
  • Oct 13, 2014 7:52am Oct 13, 2014 7:52am
Quoting Rahimseven
{quote} Exactly! "A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3%" Completed TZs do not repaint...
Did i write that?
I want more brain power!
  • #10,189
  • Oct 13, 2014 7:56am Oct 13, 2014 7:56am
Quoting jinakado
{quote} {image} I think because when it already confirmed, it is too late too get enter as you see on the screen.
jianakado, re-read again LITE´s post: "Trade the UNCONFIRMED zone with the bias you got from the CONFIRMED one"
Humble & Kalcker CLO2 = Covid killer
  • #10,190
  • Oct 13, 2014 8:11am Oct 13, 2014 8:11am
Quoting cfdtaleong
{quote} Did i write that?

LOL, I think that was yours. Hey, it was in quotes...lol


Was one of the notes I took that made it crystal clear for me.

Thank you!
  • #10,191
  • Oct 13, 2014 8:15am Oct 13, 2014 8:15am
Quoting cfdtaleong
The beauty of this is summed up in one powerful statement - Price is 97% recurrent, 3% transient. That said how can you actually trade this statement? Turn it into a series of applicable logic. 1)A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3% 2)A potential TZ has a 97% probability of not becoming a true TZ, therefore it can be said that price is likely to move in such a way that it finds itself back at the...
Well quoting myself, it amazes me to no end that I was able to write this and yet not be able to trade it at the time of writing!. That said I can understand the frustration some of you face. A few have said it before that the confusion arises as some the methods presented here trade towards the point of interests while others trade away from it. Therein exists the beauty of this TZ business. The last few examples are almost dead give aways.
I want more brain power!
  • #10,192
  • Oct 13, 2014 8:47am Oct 13, 2014 8:47am
Quoting Rahimseven
{quote} Exactly! "A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3%" Completed TZs do not repaint...
  • #10,193
  • Oct 13, 2014 8:52am Oct 13, 2014 8:52am
Quoting Rahimseven
I'm on my third read from pg 286. Here are just some of the Jewels I had collected along the way for personal use... There are many many more!!! Thanks for all that have contributed. Take time and absorb a bit here and there. If you find yourself lost and confused consider this a part of the process and take a break. Sleep on it and do something pleasingly constructive. The first read was a mathematical mind bend for me, but the second time through...BOOOM!!! Bombs started dropping and unearthing jewels EVERYWHERE! LOL Like a chemical extraction....
I am reading it. thanks a lot!! good job!!!
  • #10,194
  • Oct 13, 2014 9:52am Oct 13, 2014 9:52am
...very good time to short AUDJPY...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM30.png Size: 16 KB
  • #10,195
  • Oct 13, 2014 9:55am Oct 13, 2014 9:55am
Quoting jusiur
{quote} jianakado, re-read again LITE´s post: "Trade the UNCONFIRMED zone with the bias you got from the CONFIRMED one"
...And they say we talk in riddles! How much clearer can we make it?
  • #10,196
  • Oct 13, 2014 10:39am Oct 13, 2014 10:39am
Attached Image

you sell there because the price came to the TZ A ? or because TZ B is forming?
  • #10,197
  • Oct 13, 2014 10:45am Oct 13, 2014 10:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 123123123.png Size: 37 KB

is it good time to buy??
  • #10,198
  • Oct 13, 2014 11:50am Oct 13, 2014 11:50am
Quoting LITEchild
...very good time to short AUDJPY... {image}
HEHEHE, Nice one! the TZ trick is in this picture.
  • #10,199
  • Oct 13, 2014 12:00pm Oct 13, 2014 12:00pm
Hiho together.

This is something I don't understand.
When I read this:

"A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3%"

And see this:

http://www.forexfactory.com/attachme...1&d=1413214654

Then I would go long. The left part of the TZ has formed. The probability that its a transient TZ is ~3%. So it is likely that price will go above the TZ. So why should I go short here? (Don't counting in that its some kind of resistant area or any MA will say that the trend is down.)
Also this statement: "Trade the UNCONFIRMED zone with the bias you got from the CONFIRMED one"
And when I look at the lower yellow line which will be become the next confirmed TZ then the bias would be long!?


Thanks in advance
hila

PS: I'am at page 424 and continuing reading and also watching the actual posts I thought I can post a question even when not finished reading the whole thread. .
I don't grasp it now but also from my side a big thanks to EURUSDD and all the guys giving us information and help to understand!!!
  • #10,200
  • Oct 13, 2014 12:06pm Oct 13, 2014 12:06pm
Quoting hilavoku
Hiho together. This is something I don't understand. When I read this: "A potential TZ is formed when price has not been there for H. In order for it to be declared a true TZ, price must not touch that level for another H. The probability of this happening is 3%" And see this: {image} Then I would go long. The left part of the TZ has formed. The probability that its a transient TZ is ~3%. So it is likely that price will go above the TZ. So why should I go short here? (Don't counting in that its some kind of resistant area or any MA will...
You need to pay attention to which potential TZ has been forming first, that is the 1st priority.

It is below
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