Disliked{quote} If you are buying EURNZD, that means you are shorting NZD which has higher interest rate. This will give you negative swap, not a positive one, so you'll be charged swap fee. Regards, BlackeagleIgnored
Tnx for pointing it out
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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
Dislikeduhmm .. last night I thought of one thing: if we know a point of attraction then it might be useful to know a totally abandons the point where power ends. This, to me it might be useful, for example, to find a good place to stop loss. Around I found the indicator COG (Centre of graity) but I do not like it very much because I want the center to remain fixed on one point ...Excuse me guys, and 'just a thought ... but what do you think about this?
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Disliked{quote} {quote} Hey again FX-Jay, thanks for sharing your call! If you wouldn't mind could you tell us what in this thread has improved your trading the most, TZ, similarity or perhaps a post that gave you new perspective? And lastly do you do Multitime frame analysis or prefer sticking to 1 timeframe.Ignored
Disliked{quote} Hey cfdtaleong (http://www.forexfactory.com/cfdtaleong) If BB will cut the PTZ it would also cut the middle bar. Except for that one thing we interpret it the same way. But you will never have such a vertical BB cut like on the left side on your picture (I have tested it with backtester). And right side of PTZ isn`t supposed to be formed yet (not like on your picture). I really would like to see (and trade) that impressive edge you see, but I can`t see it no matter how hard I try...But now let`s have some fun: Bernard Hopkins...
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Disliked{quote}The thread has so many ideas that are thrown left and right. Some are right, some are wrong, and some are just misleading. My advice is to do your own testing on every idea presented here before trading it live. If you don't have time for doing some extensive testings like I did (could take endless hours/days/weeks to get it right), then stick with ideas that are back by previous live calls or account statements.Ignored
Disliked{quote} It is a great idea! I too have been trying to find a "time factor" type stoploss when it comes to similarity if that's what you mean, no luck yet but it is something that would be a game changerIgnored
Disliked{quote} However, a word of caution to the newbies, you can't trust those ideas until you test them extensively either manually or through an EA/backtester. The problem is that no one is patient enough to test & almost everyone is jumping onto the next new thing and forgetting about the basics. Read the thread from beginning to end not vice versa. Best, JayIgnored
Disliked{quote} Two more things to add to the above: 1- There are 3 main concepts being discussed in this thread which are Similarity, TZ, and Sub-sequence Theorem Each of those concepts have many "sub-levels". Lots of people are mixing between the three and their sub-levels. Others are trying to integrate all 3 together. My advice is to focus on one at a time, master it, and then move onto the other & try integrating them together to have an extremely powerful tool. 2- There are many 'unproven' ideas that are being shared about how to use the above theories....Ignored
DislikedFor any one interested I made this last weekend. Its every post by FX-Jay(minus his most recent ones). https://docs.google.com/document/d/1Y3E7eU9LCtDm2Ehzq7RinrKG4uOjObnTDZKXmeHrLpI/edit?usp=sharing I tried to upload to forum but was too big.Ignored
Disliked{quote} Awesome thank you very much sir! {quote} nailed it. finally bagged a sizable trade using these theories presented here. This stuff works like magic! Thanks again for EurUsdd and every one else iv been pming the past few days to help me understand these concepts. you guys are all amazing! Pip {image} {image}Ignored
Disliked{quote} At the begining of sub-sequence theorem EURUSDD gave this example: "For example, suppose you chose your reals to be high of bars. The on the daily chart if you set n=2 then you need to look in the DNA for 5 bars. Let us suppose the highs of the last 4 bars are 1.2344, 1.2566, 1.2211, 1.2222, ????? What will be ????? Since there must be a decreasing or increasing 3-subsequence, the high of the next bar must be above 1.2222 or below 1.2211. Just two options." So I understood, that when we have 4 bars, which don't meet 4 conditions of sub-sequence,...Ignored
DislikedThanks to PiratePip (http://www.forexfactory.com/piratepip) and to Fx-Jay and of course for EURUSDD and Kiads I save the file for FX-Jay posts as Pdf i downloade it from the link of PiratePip (Thanks for him) {image}Ignored
Disliked{quote} {quote} Hello Cfdtaleong, if you could show a chart with sciurus indicator and BB indi and show where you would enter your trade it would clarify much for me and for others that are struggling.Ignored
Disliked{quote} Two more things to add to the above: 1- There are 3 main concepts being discussed in this thread which are Similarity, TZ, and Sub-sequence Theorem Each of those concepts have many "sub-levels". Lots of people are mixing between the three and their sub-levels. Others are trying to integrate all 3 together. My advice is to focus on one at a time, master it, and then move onto the other & try integrating them together to have an extremely powerful tool. 2- There are many 'unproven' ideas that are being shared about how to use the above theories....Ignored
Disliked{quote} Hey cfdtaleong (http://www.forexfactory.com/cfdtaleong) If BB will cut the PTZ it would also cut the middle bar. Except for that one thing we interpret it the same way. But you will never have such a vertical BB cut like on the left side on your picture (I have tested it with backtester). And right side of PTZ isn`t supposed to be formed yet (not like on your picture). I really would like to see (and trade) that impressive edge you see, but I can`t see it no matter how hard I try...But now let`s have some fun: Bernard Hopkins...
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Disliked{quote} Hi Juri, I think this very powerful concept is not easy (especially for me). I saw at the code provided by some mates here, and the rule is some thing like this : {quote} So, we are looking for the high (if up trend) and low (if down trend). 1) How can we know that it is in up trend or down trend at the moment (in coding, without looking at the chart) ? Do we use EMA ? 2) In the picture below, there are LH,HH,LH,HH and HL,LL,HL,LL .... which one should we use ? Hm .... still need time to understand this...... Thanks {image}
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Disliked{quote} Yes the code verifies the theorem applied to the high and low. But you should separate those. Sub-sequence theorem for highs or lows, better not to mix those together, hence it doesn't matter if we are in a downtrend or uptrend. And it is not possible to predict the next bar's high or low. The only thing we now for sure, the after 5 bars invalidated the theorem, we know the next 5 bars have high probability to validate the theorem. What to do with this information? Still don't know.Ignored
Disliked{quote} Sorry no chart I post can be better than Kiads. If you see his chart at #11867 the top TZ, I would have entered at the close of the mid bar or the close of bar the after if my eyes can see the BB cut the forming TZ at that time. Edit : I think there might be some logic conflict here where 1)We expect PTZs to end up not being TZs based on rules but 2)We are proposing to trade a PTZ expecting it to become a TZ. So this is where the PTZ position in relation to BB come in I guessWill try to show examples next week if I trade.
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