The similarity system | Page 530 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #10,581
  • Oct 19, 2014 12:31pm Oct 19, 2014 12:31pm
Quoting FX-Jay
{quote} "... to trade against a confirmed TZ..." ... Best, Jay
Thanks Jay so much for a so valuable post. One thing hope not to bother you: to trade against a confirmed TZ means to trade towards it or away from it. Once again thank you.

Regards,
  • #10,582
  • Oct 19, 2014 2:53pm Oct 19, 2014 2:53pm
if I am not wrong
trading your system doesnt need any indicator on chart more over complicated probability calculations also not needed.
the main point is the comparing the zones which can be easly made by eyeballing on some majot TFs & using general porbability %


Quoting FX-Jay
{quote} Hey Leeshindig, Just for fun here's my answer to the 'long term trend' statement: Attached is a screenshot of one of my recent posts on a private group on NZD/USD which also is supposed to be in a long term down trend Also attached is my entry & partial exists Finally there's my post on AUD today {image} {image} {image} {image}
My Best Trade is Next Trade!
  • #10,583
  • Oct 19, 2014 3:15pm Oct 19, 2014 3:15pm
size really does matter
Quoting MAM.Trader
if I am not wrong trading your system doesnt need any indicator on chart more over complicated probability calculations also not needed. the main point is the comparing the zones which can be easly made by eyeballing on some majot TFs & using general porbability % {quote}
My Best Trade is Next Trade!
  • #10,584
  • Oct 19, 2014 3:33pm Oct 19, 2014 3:33pm
"91% probability that target will be hit by the End of Monday's London session
93% probability that target will be hit by the End of Tuesday's London session"

confimation from 2 different TFs

Quoting FX-Jay
Now for the good stuff: I have 2 calls that I have made which expire on Monday Here's a quick recap on both of them since I may not be here tomorrow: 1- USDCHF Current price 0.9405 Target price 0.9300 (105 pips from current prices) 91% probability that target will be hit by the End of Monday's London session 93% probability that target will be hit by the End of Tuesday's London session 2- USDMXN Current price 13.200 Target price 13.140 (60 pips from current prices) 90% probability that target will be hit by the End of Monday's London session I don't...
My Best Trade is Next Trade!
  • #10,585
  • Oct 19, 2014 7:42pm Oct 19, 2014 7:42pm
i want to start reading this thread it's there a certain page from where i should start reading ? cuz i saw some traders mention some page 200 and something can't remember what i wanna say it's the system changed at some point?
  • #10,586
  • Oct 19, 2014 8:37pm Oct 19, 2014 8:37pm
Quoting vladutz112
i want to start reading this thread it's there a certain page from where i should start reading ? cuz i saw some traders mention some page 200 and something can't remember what i wanna say it's the system changed at some point?
read the hole thing like the rest of us
Don't use both feet to test the depth of the river
  • #10,587
  • Oct 19, 2014 8:49pm Oct 19, 2014 8:49pm
Quoting Strawbale
{quote} read the hole thing like the rest of us


Anyway someone reminded me of something very important so I will highlight it again as others have but with more emphasis.

TZ is an edge. We can tell you every thing there is to know but all you will get is a setup.

My definition of a setup is a potential trade if you can tell the difference between that and a trade please don't go live.

The results many traders are showing is not to brag but to inspire. You must however understand that this is no 100% holy grail and the results are still very dependent on the individual trader. These results are to show what can be achieved with effort.

You still must know how to trade.

Fx-Jay just made a great call on the A/U and that is it as it is, a setup. Trading it successfully is up to you.
I want more brain power!
  • #10,588
  • Oct 19, 2014 9:03pm Oct 19, 2014 9:03pm
Quoting vladutz112
i want to start reading this thread it's there a certain page from where i should start reading ? cuz i saw some traders mention some page 200 and something can't remember what i wanna say it's the system changed at some point?
Around pg. 286 is where EURUSDD revealed his recurrent/transient idea
  • #10,589
  • Edited 10:22pm Oct 19, 2014 9:13pm | Edited 10:22pm
Quoting vladutz112
i want to start reading this thread it's there a certain page from where i should start reading ? cuz i saw some traders mention some page 200 and something can't remember what i wanna say it's the system changed at some point?

Around pg. 286 is where EURUSDD revealed his recurrent/transient idea
Agree w VVizlan, read repeatedly from 286 to ~300, to grasp the initial recc/trans idea/concept by EURUSDD.
page 1 to ~ 10 on introductory idea/concept of simmilarity/dissimilarity.

GL
an attempt of compounding, from USD50+25bonus until ....burnout..haha
  • #10,590
  • Oct 19, 2014 9:16pm Oct 19, 2014 9:16pm
thank you guys
  • #10,591
  • Oct 20, 2014 2:44am Oct 20, 2014 2:44am
Hello. Nobody helps me ...
It is normal to have so few CI?
I have the recommended settings, must be put into graphs 5M or 1M?

Natalia.
Attached Image (click to enlarge)
Click to Enlarge Name: sxsds.png Size: 32 KB
  • #10,592
  • Oct 20, 2014 3:03am Oct 20, 2014 3:03am
Quoting ninpojutsu
Hello. Nobody helps me ... It is normal to have so few CI? I have the recommended settings, must be put into graphs 5M or 1M? Natalia. {image}
Hi ninpojutsu ,you have to change the settings to suit different pairs and time frames , best if you look up madmoneys posts etc.,
Regards Orid peter
  • #10,593
  • Oct 20, 2014 3:07am Oct 20, 2014 3:07am
Quoting ninpojutsu
Hello. Nobody helps me ... It is normal to have so few CI? I have the recommended settings, must be put into graphs 5M or 1M? Natalia. {image}
Here is the PDF on CI if you haven't found it.
Attached File(s)
File Type: pdf Similarity CI Method.pdf   2.5 MB | 1,307 downloads
I want more brain power!
  • #10,594
  • Oct 20, 2014 3:10am Oct 20, 2014 3:10am
[Quote = ORID; 7811536] {quote} Hola ninpojutsu, usted tiene que cambiar la configuración para adaptarla pares y plazos diferentes, mejor si miras madmoneys mensajes, etc, Saludos Orid peter [/ quote]

Thanks for answering.
I've tried the recommended settings, but I get very few.
what kind of setup would have to put?
I already read the PDF, thanks.

Natalia.
  • #10,595
  • Oct 20, 2014 3:21am Oct 20, 2014 3:21am
I have tested this configuration:
1-1-4
1-5-4
It looks good?

Natalia
Attached Image (click to enlarge)
Click to Enlarge Name: sxsds.png Size: 36 KB
  • #10,596
  • Oct 20, 2014 3:34am Oct 20, 2014 3:34am
Quoting ninpojutsu
I have tested this configuration: 1-1-4 1-5-4 It looks good? Natalia {image}
Ok it is quite obvious English is not your 1st language. I hope you find the following helpful.

There is no single "good" setting.
You have to decide what is good for you.
Check to see how well the "spikes" line up with the actual turns.
If you must, then yes your charts do look "ok" but monitor the repainting
I want more brain power!
  • #10,597
  • Oct 20, 2014 3:37am Oct 20, 2014 3:37am
Quoting cfdtaleong
{quote} Ok it is quite obvious English is not your 1st language. I hope you find the following helpful. There is no single "good" setting. You have to decide what is good for you. Check to see how well the "spikes" line up with the actual turns. If you must, then yes your charts do look "ok" but monitor the repainting
no matter the number you enter?
Or should always be number x5?
  • #10,598
  • Oct 20, 2014 3:41am Oct 20, 2014 3:41am
Quoting ninpojutsu
{quote} no matter the number you enter? Or should always be number x5?
you are compare 2 charts. number you decide

if M1 vs M5 then x5.
if M5 vs M15 then x3.
if H1 vs H4 then x4. etc etc

see PDF carefully everything is very well explain there.
I want more brain power!
  • #10,599
  • Oct 20, 2014 3:43am Oct 20, 2014 3:43am
Quoting ninpojutsu
{quote} no matter the number you enter? Or should always be number x5?
Depends which timeframes you are comparing. If you are trying to see DS between M1 and M5 then you need x5, if you are comparing M5 and M30, you'll need x6 etc.

Have a look at post 5018 for a template and some settings that were working for rob1599. I don't think he's posted since so maybe he's lying on his own beach somewhere
  • #10,600
  • Oct 20, 2014 4:02am Oct 20, 2014 4:02am
Quoting ninpojutsu
{quote} no matter the number you enter? Or should always be number x5?
i do try to set mine so that the double spikes ( top and bottom ) line up with the TZs . ( little tip) but every pair is different and time frames Regards orid peter
1 trader viewing now