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The similarity system

  • #11,061
  • Oct 27, 2014 2:48am Oct 27, 2014 2:48am
Quoting hoss
http://www.economics.adelaide.edu.au/research/papers/doc/wp2000-06.pdf Some great reading on wavelets for us math heads out there. Could be the next step Eurusdd was referring to. Has the "almost surely" language in it as well. Great read.
In mathematical language often expressed quite often "almost certainly".
The article is good. Maybe closer to "delay"
  • #11,062
  • Oct 27, 2014 3:10am Oct 27, 2014 3:10am
Quoting burnssss
{quote} In mathematical language often expressed quite often "almost certainly". The article is good. Maybe closer to "delay"
Agreed. Without trying to become a quant, I'm looking for simpler and more practical applications of this literature to what we are doing here now.
Life is too short to have anything but delusional notions about yourself.
  • #11,063
  • Oct 27, 2014 4:35am Oct 27, 2014 4:35am
where is everyone?
everyone learns, everyone counts, everyone predicted, everyone shared, and sooner or later everyone is confused and in the end of day everyone arguing with each other..

What a beautiful world...
  • #11,064
  • Oct 27, 2014 4:49am Oct 27, 2014 4:49am
Quoting Kiads
where is everyone? everyone learns, everyone counts, everyone predicted, everyone shared, and sooner or later everyone is confused and in the end of day everyone arguing with each other.. What a beautiful world...
hahahahaha i love your post kiads
  • #11,065
  • Oct 27, 2014 4:58am Oct 27, 2014 4:58am
Quoting Kiads
where is everyone? everyone learns, everyone counts, everyone predicted, everyone shared, and sooner or later everyone is confused and in the end of day everyone arguing with each other.. What a beautiful world...
I think you are right Kiads. Personally I'm in the first three phases you've listed and hoping that everything makes sense to me. At the moment I'm a little bit stuck with the calculation of the probability's. EURUSDD has given us some room to paraphrase the things he told us. So there is a sort of deviation amongst us on how to interpret and trade. That makes the thread difficult to read and I need to separate the basics from the more deeper/complex statements. I hope that in combining TZs with other strategy's like BO's, stochastic divergence, similarity I haven't to dig to deep into the mathematics.

And besides. Its good for me that at the moment there isn't so much steam at the thread. Gives me more time for learning...

see you
hila
  • #11,066
  • Oct 27, 2014 5:05am Oct 27, 2014 5:05am
Quoting hilavoku
{quote} I think you are right Kiads. Personally I'm in the first three phases you've listed and hoping that everything makes sense to me. At the moment I'm a little bit stuck with the calculation of the probability's. EURUSDD has given us some room to paraphrase the things he told us. So there is a sort of deviation amongst us on how to interpret and trade. That makes the thread difficult to read and I need to separate the basics from the more deeper/complex statements. I hope that in combining TZs with other strategy's like BO's, stochastic divergence,...
Yup... only if we can make it more easier with "just enjoy your loss and save your profit"...
  • #11,067
  • Oct 27, 2014 5:14am Oct 27, 2014 5:14am
English is my second language so I don't know if I'm understand you right. Think you are talking about the problem about when price will reach/revisit a zone after taking a trade. Personally I'm sure that I will suffer more losses then fxjay or others but with tight SLs and some MM it still will work. Don't want to be some kind of 'grid trader' and holding trades for days/weeks/months/forever...
  • #11,068
  • Oct 27, 2014 5:35am Oct 27, 2014 5:35am
Quoting hilavoku
English is my second language so I don't know if I'm understand you right. Think you are talking about the problem about when price will reach/revisit a zone after taking a trade. Personally I'm sure that I will suffer more losses then fxjay or others but with tight SLs and some MM it still will work. Don't want to be some kind of 'grid trader' and holding trades for days/weeks/months/forever...
Don't be so serious My Friend.. take it easy, and take your time
Never think of forex as a work to be done, but make it as a hobby that can be enjoyed

Happy trading and best regards
MTH
  • #11,069
  • Oct 27, 2014 5:36am Oct 27, 2014 5:36am
Quoting Kiads
where is everyone? everyone learns, everyone counts, everyone predicted, everyone shared, and sooner or later everyone is confused and in the end of day everyone arguing with each other.. What a beautiful world...
I think this is what you get when you dont use what you are learning and getting from dissimilarities(transient zones) to improve on what you understood in fx before. It got to a time that i was getting confused, then i abandon the thread, re-study the way i used to understand the concept, add it again to my previous strategy, improved what i thought is needed, and putting it to testing either win or loss. Then i still make more money now, Though still in a testing state. I just added volume trading(which i posted the concept 2 days ago) with the transient method now, with a little analysis, then it gets better. I never trade with either renko or volume before, but when i read on what i shared, i believe it can work for me. I believe renko can work for you because you used it with this method to improve on your self and i believe f-jay, that also challenged me also didnt trade totally on this method. He said he used it to improve his trading style and he still trade mainly from his major analysis. I think this is what a lot of traders supposed to do IMHO.
THESE ARE THE LATEST RESULTS OF MY ANALYSIS TODAY, TOMMORROW WILL BE BETTER AS USUAL.I WILL SURELY GET THEIR.
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We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #11,070
  • Oct 27, 2014 5:44am Oct 27, 2014 5:44am
Quoting Kiads
{image} {image} mth
Kiads

Will you please share this template and indicators? They look fascinating.

Regards
Traders gain some knowledge, win, their emotions kick in, and they die.
  • #11,071
  • Oct 27, 2014 5:53am Oct 27, 2014 5:53am
Quoting mehtabkk
{quote} Kiads Will you please share this template and indicators? They look fascinating. Regards
Hi My Friend, you can read my explanation here (http://www.forexfactory.com/showthread.php?p=7824785#post7824785)
no need any template you can set your chart by yourself as you like.
but don't forget that picture can tell you much more than words , and sometime tell you too much...
So, think about what you see and try to see what you think

MTH
  • #11,072
  • Oct 27, 2014 6:06am Oct 27, 2014 6:06am
Quoting Kiads
{quote} make it as a hobby that can be enjoyed
I agree with this but I think I'm enjoying it too much
I want more brain power!
  • #11,073
  • Oct 27, 2014 6:13am Oct 27, 2014 6:13am
Quoting cfdtaleong
{quote} I agree with this but I think I'm enjoying it too much
Lol.. yes My Friend, there's a lot of hobbies that can give you great income, and that i think 'ideal way of life' if you can reach it without any pressure of course..
  • #11,074
  • Oct 27, 2014 6:20am Oct 27, 2014 6:20am
Quoting Kiads
{quote} Hi My Friend, you can read my explanation here (http://www.forexfactory.com/showthread.php?p=7824785#post7824785) no need any template you can set your chart by yourself as you like. but don't forget that picture can tell you much more than words , and sometime tell you too much... So, think about what you see and try to see what you think MTH
I understand you bro. I am doing the same


Thanks
Traders gain some knowledge, win, their emotions kick in, and they die.
  • #11,075
  • Oct 27, 2014 7:34am Oct 27, 2014 7:34am
Quoting Kiads
{quote} Hi My Friend, you can read my explanation here (http://www.forexfactory.com/showthread.php?p=7824785#post7824785) no need any template you can set your chart by yourself as you like. but don't forget that picture can tell you much more than words , and sometime tell you too much... So, think about what you see and try to see what you think MTH

Kiads, thank you for your post. Unfortunately i could not understand exactly after reading your explaniation. ıf it is not private please can you give some tips to read chart?
Thanks
No matter how much you know, your words worth only as much as the other per
  • #11,076
  • Oct 27, 2014 7:55am Oct 27, 2014 7:55am
For pondering and development. MM, trade entries, management and exits are your own secret. Decided to leave this nugget of info on the thread for those who may need a spark. This is but one understanding. Be careful as this is but a piece of the puzzle.

Thanks for the kind PM's.

7
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  • #11,077
  • Oct 27, 2014 10:15am Oct 27, 2014 10:15am
There is a 3% probability a zone is VALID. That means there is a 97% probability of that zone being........
If someone told you there is a 97% probability of you winning the lotto next week would you do?

Lak
  • #11,078
  • Oct 27, 2014 10:40am Oct 27, 2014 10:40am
Hey Guys,


First of all thank you cfdtaleong, vlady1974, NorthTrader, and VVizlan for answering my question I asked about a week ago.

It seems that you are right back to that question now. I didn`t say that time but what I had done was exactly the same you are discussing now. I used Sciurus` indicator to calculate the expected size of a possible transient zone and trade back to that zone if the zone seemed to be larger than average. That was the method I said would kill your account without a stoploss and unfortunately I didn`t manage to find a proper sl and tp to get a win rate more than 50%.
The sad truth is that if you trade without sl you won`t survive neither a 93% win rate nor a 99% win rate. Without sl you need a 100% win rate. I`m almost a hundred percent sure about it


Quoting juriFX
{quote} Look at this chart, could be something worth exploring out {image} Thanks Sciurus for the channel

juriFX,

I`m experimenting with that channel you mentioned. Have you found out anything yet?
  • #11,079
  • Oct 27, 2014 10:48am Oct 27, 2014 10:48am
Quoting lakhan
There is a 3% probability a zone is VALID. That means there is a 97% probability of that zone being........ If someone told you there is a 97% probability of you winning the lotto next week would you do? Lak
Hi Lak,

I think it would be a better metaphor to say that you play your numbers on lottery week by week because you are 97% sure that those numbers would win. But you don`t know when. Maybe a year later. And you buy more than one lottery ticket. And you could go bankrupt while waiting for your lucky numbers.
  • #11,080
  • Oct 27, 2014 11:19am Oct 27, 2014 11:19am
Ok, I have read the posts, but I have one question. When you got these "Zones" on above and below.. What to do and what does i means?
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