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Eurusdd replied Jul 2, 2013I am not concerned about SL and TP because that is not the reason for the thread. Each trader can decide that for himself/herself based on the bands, stoch etc. What i did for you is to get you two lines that will react to a similar-band >90% of the ...
The similarity system
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Eurusdd replied Jul 2, 2013The problem with you is this: You don't understand the reason for the thread. I am presenting a concept, not a signal-system. I then stated one or two ways to trade it. It is up to you to understand the concept and figure out how to use it to your ...
The similarity system
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Eurusdd replied Jul 2, 2013You don't even have to pay attention to the individual bars. Just look at the lines generally and if you see difference, work out where (up/down) the two will have to go to meet again! It is quite easy!!!
The similarity system
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Eurusdd replied Jul 2, 2013There are reasons people fail a lot in forex-trading. 1: The market is not mechanical. You see X-Y-Z-Q today and X-Y-Z tomorrow means Q must follow. 2: They use setups - templates - indicators without first checking the instructions, settings or ...
The similarity system
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Eurusdd replied Jul 2, 2013I don't know but I think you are mixing the three methods I presented here. The 15 min template i gave you is for the stoch-bollinger-band method. You need only one chart in this case. The shape of the stoch(below) and the 1EMA (above) will be the ...
The similarity system
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Eurusdd replied Jul 2, 2013NO, YOU NEED JUST ONE CHART!!!! you are watching the TWO RED line in the chart and how they react the the bollinger-bands
The similarity system
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Eurusdd replied Jul 2, 2013There are two ways to trade under the similarity-umbrella. You can wait for the lines to disagree and then MARK the price for a return! But that does not happen often so you will not have many trades a day!!! The other way: Since the lines will look ...
The similarity system
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Eurusdd replied Jul 2, 2013TEMPLATE for 15min chart. Optimized. Similarity-probability is 97.6578% So, <3% of the time will 1EMA and Stoch look different. That is GOOD!!!!! file aLWAYS remember that price LEADSSSSSSSSS! So like the case below; YOU SELLLLLL!!!! image
The similarity system
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Eurusdd replied Jul 2, 2013LOOK FOR stoch to follow price hence be able to make trades like this one!!! image
The similarity system
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Eurusdd replied Jul 2, 2013hOWEVER SINCE stoch must follow price and we expect similarity in the future, the stoch may be forced to drop to meet price just like the case above!!!! TRADE WITH PURPOSE!!!
The similarity system
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Eurusdd replied Jul 2, 2013EURUSD can shoot up this month. A case in point is on this monthly chart! The sections circled are important. WATCH THE WAY THEY DEVELOP. image
The similarity system
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Eurusdd replied Jul 2, 2013Those interested in the STOCH-bollinger system should not wait for a difference to occur in order to trigger a trade. You can trade the similarities you see. Note that the 1EMA and the stoch lines should 95% of the time take the same shape. So, you ...
The similarity system
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Eurusdd replied Jul 1, 2013I cannot connect to my account: Technical problem. Can't post explorer. Sorry! image
The similarity system
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Eurusdd replied Jul 1, 2013My explorer is not working cause my demo account just went offline. i cannot connect to the broker anymore. So, I had to stop trading!!! Maybe I will have to open a new one if I can't get this to work!! image
The similarity system
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Eurusdd replied Jul 1, 2013Everything on your chart - except the way you traded the differences- is ok. I can't really tell you exactly what to do now! You have to study it yourself and see how best you can trade the differences.
The similarity system
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Eurusdd replied Jul 1, 2013Friend, you are 50% right! However, please note that the cycle identifier method is the least of the methods you can use! This is because, the cycle can be unstable at times!!!! It is the force behind the trades for the explorer above but you need ...
The similarity system
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Eurusdd replied Jul 1, 2013At what PRICE. DID YOU MARK THE PRICE? Mark it. Trend about to change. Price will fall/rise back there
The similarity system