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The similarity system

  • #10,281
  • Oct 15, 2014 11:00am Oct 15, 2014 11:00am
Quoting mhmdfx
{quote} as i understood from reading this thread that i wait for appearance of developing zones then i expect that it will be TZ so i sell if prices above it because it is in recurrent zone like picture #1 but it disappeared so what i will do ?? will i get out of my trade with loss you can see pictures below to under stand what i mean {image} {image}
Hi Mhd,

I don't think you've understood the "process" correctly. But regardless of what you've understood.... in your charts, if you go back to basics, where have the confirmed zones occurred? If so, how were you able to capitalise on the opportunity once they were confirmed? Try and develop the logic for your own signal rather than let the indicator do the signalling for you. Did you understand the concept of Recurranc? What are those zones? What does price do at those zones? Where does it go after those zones? Does it go anywhere specifically with respect to previous zones?

Analyse your chart! There is loads of information there.
A pip is only worth it if you know how much you risked to earn it
  • #10,282
  • Oct 15, 2014 11:43am Oct 15, 2014 11:43am
Quoting vlady1974
{quote} Hi Mhd, I don't think you've understood the "process" correctly. But regardless of what you've understood.... in your charts, if you go back to basics, where have the confirmed zones occurred? If so, how were you able to capitalise on the opportunity once they were confirmed? Try and develop the logic for your own signal rather than let the indicator do the signalling for you. Did you understand the concept of Recurranc? What are those zones? What does price do at those zones? Where does it go after those zones? Does it go anywhere specifically...
HI Vlady thank you for your insight on how to use the TZ indicator will you be so kind to upload the indicator pls
  • #10,283
  • Oct 15, 2014 12:12pm Oct 15, 2014 12:12pm
Jeez - some of the numpty posts you get in here are unbelievable. Pity you can't have an automatic message at the end of every post saying

READ THE BLOODY THREAD
  • #10,284
  • Oct 15, 2014 12:33pm Oct 15, 2014 12:33pm
Quoting handy148
Jeez - some of the numpty posts you get in here are unbelievable. Pity you can't have an automatic message at the end of every post saying READ THE BLOODY THREAD
A pip is only worth it if you know how much you risked to earn it
  • #10,285
  • Oct 15, 2014 12:34pm Oct 15, 2014 12:34pm
Quoting forextarget
{quote} HI Vlady thank you for your insight on how to use the TZ indicator will you be so kind to upload the indicator pls
All indicators are in the attachments page.
A pip is only worth it if you know how much you risked to earn it
  • #10,286
  • Oct 15, 2014 12:49pm Oct 15, 2014 12:49pm
Quoting handy148
Jeez - some of the numpty posts you get in here are unbelievable. Pity you can't have an automatic message at the end of every post saying READ THE BLOODY THREAD
Lets be patient with everyone. Ignore repeated questions and i'll implore that those struggling should take their time, go through EURUSDD's post from the beginning of the TZ concept and i can assure you. its as simple as ABCD.....
My help is in the name of the Lord who made heaven and earth.
  • #10,287
  • Oct 15, 2014 12:57pm Oct 15, 2014 12:57pm
I prefer to trade with 97% being recurrent. Its all about probabilities and my preferred time frame is 5min.
My help is in the name of the Lord who made heaven and earth.
  • #10,288
  • Oct 15, 2014 3:17pm Oct 15, 2014 3:17pm
Eurusdds words keep ringing in my head. "DECEPTION IS PART OF THIS GAME"
We need to stop analysing like retail traders and start thinking like smart money.
  • #10,289
  • Oct 15, 2014 3:40pm Oct 15, 2014 3:40pm
I still think that the thread of "delicate secret", also has relation with "tz" for the way in which omega appears.
Somewhat confused.:nerd:

Sorry: the thread of "3-plan" is where appear omega.
  • #10,290
  • Oct 16, 2014 2:27am Oct 16, 2014 2:27am
There was a question posed by Eurusdd.....can't remember exactly which post number.....but it went like this....... A coin was tossed 6 times and they all turned out to be the head. If you were asked to bet on the 7th toss will you go for the head or tail........

Am not sure i know the answer to that. but i will like to know what you think.


Anybody........ one of the golden keys to the TZs.....
My help is in the name of the Lord who made heaven and earth.
  • #10,291
  • Oct 16, 2014 3:06am Oct 16, 2014 3:06am
Quoting Albertdkpllh
... A coin was tossed 6 times and they all turned out to be the head. If you were asked to bet on the 7th toss will you go for the head or tail ...
I thought Eurusdd said ...

What is the probability a tail would occur in the 'next 6 toss'?
  • #10,292
  • Edited 3:27am Oct 16, 2014 3:14am | Edited 3:27am
Quoting Albertdkpllh
There was a question posed by Eurusdd.....can't remember exactly which post number.....but it went like this....... A coin was tossed 6 times and they all turned out to be the head. If you were asked to bet on the 7th toss will you go for the head or tail........ Am not sure i know the answer to that. but i will like to know what you think. Anybody........ one of the golden keys to the TZs.....

I understood it as following: You are meant to treat each event as if it is a beginning and not a continuation of previous events. So, just because 6 of them were heeds, 7th must be evaluated independently.
This principle would help you in a gambling situations i.e. candles are going against you 6 times but because there were 6 consecutive red candles you still hope that the 7th will be green and your chances of winning are due to increase. In fact more red candles you immediately assume that changes of green are increasing!.

So, in case you still don't understand i suggest you read up on gambler's fallacy, aka Monte Carlo fallacy. http://www.investopedia.com/terms/g/gamblersfallacy.asp

:-)
If you fall, I shall be there. - The floor
  • #10,293
  • Oct 16, 2014 3:26am Oct 16, 2014 3:26am
Quoting Albertdkpllh
There was a question posed by Eurusdd.....can't remember exactly which post number.....but it went like this....... A coin was tossed 6 times and they all turned out to be the head. If you were asked to bet on the 7th toss will you go for the head or tail........ Am not sure i know the answer to that. but i will like to know what you think. Anybody........ one of the golden keys to the TZs.....
I agree, it is in my opinion the golden key. Here it is: (post #5945)

“I leave you with something to thinK about: it will form the basis of your success with probability and business.

Suppose I have a fair coin, we all know that the probability for Head is 50% and that for tail is 50%. Now supposed I tossed the coin 6 times and I got

H-H-H-H-H-H


after this i tossed the coin once and got

H-X-X-X-X-X



The X positions are for the remaining 5 tosses. Will you bet that the remaining five positions will be H or be on the safe side and expect at least one T?
That is what you need in this forex business. You need to look for very rare events and then when you find one, bet that the next instance which is STILL DEVELOPING will not be that rare event that just occurred!! SIMPLE!”
  • #10,294
  • Oct 16, 2014 4:09am Oct 16, 2014 4:09am
And as I posted before a Las Vegas Casino reported that RED came up 41 consecutive times.
  • #10,295
  • Oct 16, 2014 4:26am Oct 16, 2014 4:26am
In that case "Eurusdd" is assuming dependence between candles.
That is, the current "candle" depends on previous "candles".
But in the thread "3-plan" builds a system that never fails 3 times in a row.
This phrase was said in many post. With omega, get good entry and exit points. And omega no repaints. It is one of the important conditions imposed "Eurusdd"
  • #10,296
  • Oct 16, 2014 4:36am Oct 16, 2014 4:36am
Quoting burnssss
In that case "Eurusdd" is assuming dependence between candles. That is, the current "candle" depends on previous "candles". But in the thread "3-plan" builds a system that never fails 3 times in a row. This phrase was said in many post. With omega, get good entry and exit points. And omega no repaints. It is one of the important conditions imposed "Eurusdd"
"We can also define the relationship between consecutive bars. It is generally believed that there is no relationship. Let us assume this is true, even though that is not the truth." (Post #5718)
  • #10,297
  • Oct 16, 2014 4:49am Oct 16, 2014 4:49am
Quoting GU-Night
{quote} "We can also define the relationship between consecutive bars. It is generally believed that there is no relationship. Let us assume this is true, even though that is not the truth." (Post #5718)
That's right, I said it wrong.
If we have 10 years of data, and in those 10 years of data we have at most 10 consecutive bull bars.
If you currently have 10 bars bull, you expect to be the next bar?
That is the unit from which I speak, a 'sample' dependence.
These probabilities do not have to see the way to get omega.
  • #10,298
  • Oct 16, 2014 5:09am Oct 16, 2014 5:09am
Deception is part of this game. I love this game.
  • #10,299
  • Oct 16, 2014 5:40am Oct 16, 2014 5:40am
Quoting burnssss
{quote} That's right, I said it wrong. If we have 10 years of data, and in those 10 years of data we have at most 10 consecutive bull bars. If you currently have 10 bars bull, you expect to be the next bar?
I don’t know. I can’t bet that a possible rare event on the opposite side not will happen within a given time in your example. So I have nothing to expect.
  • #10,300
  • Oct 16, 2014 5:41am Oct 16, 2014 5:41am
Guys this is an initiatic path, take the time that is needed to read all the 500 pages.
I have done it twice and now I feel myself confident.

You will find a new strategy that fits for yourself, I am sure.
Only trying to replicate EURUSDD strategy is the wrong way.
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