Dennis, you probably want to add a 30M tf there and compare it to the 1H side by side vertically. The smaller timeframe will have more peaks and troughs... you want to peaks and troughs to occur at roughly the same time and place. As for trading, ...

The similarity system

Of course! I just needed a reasonably simple analogy to show what I mean. LOL I'm sure he would never transact a house purchase like this!

The similarity system

The house sale analogy is crude but simple. Last sale price was £450K and was rising. Buffet orders 10 bad boys at £320K. That's a price drop on the charts but he was BUYING. The next sale is processed in some other random Estate Agent at £450K. ...

The similarity system

Burnsss, from the old discussions I recall that big moves happen after similarity is restored. If I was to use Ralome's Indicator to tell me when an DS has started, then I would be looking for an extreme price move.... using my method, preferably a ...

The similarity system

Imagine you are buying a house and you are Warrent Buffet. Prices are rising for "The EU" Deluxe, £450K You order 10 of those with a specialist Estate Agent but only if he can secure them at £275K. He comes back and says the supplier will agree on ...

The similarity system

EFFING EU! Lol. Stopped out -10. Re-entered short @ 3406, SL 3412 smaller size. If price back at 3395, will re-enter again with same size to match original order. Target MIDDLE part of range 3375-3380.

The similarity system

Stopped out -10. Sidelines. Oh well.

EURUSD

I don't have the best analogy. But it's kind of like Warren Buffet enters a big Long on EU at 3331 and it's so huge that the price dropped. Because he uses FXCM, any indicator will show an imperfection of that price compared to say IGINDEX, IBFX, ...

The similarity system

It's at a crossroads. It's okay to be a bull, it's okay to be a bear. Fundamental reports I've read have a bearish sentiment. Then there are the conflicts in Ukraine, Syria, Gaza, Iraq. Oil and Gold are falling. Dollar Strong. However, we are ...

The similarity system

I was going to ask you what indies you chose but thought the better of it.Your view of trying to see the same signal on multiple TFs is on the right track.While it won't have the predictive power of Eurusdd's it may help you prioritise which DS ...

The similarity system

Stopped out. Re-entered same price. 3395.5, SL to BE. TP open. Can't see why it couldn't get to 3295 in the next 3-8 trading days.

The similarity system

Frigging awesome!

The similarity system

There you go - it's making you a better trader by getting you to question your trading motives! And don't get me wrong, you will make mistakes. But it's better to know why first than try and figure out the reason after including suffering ...

The similarity system

My tp is 3343 but yes, I'm still short. Stops are now at BE so no risk. And I don't care if I'm wrong and get stopped out. (Read "Trading in the Zone", awesome book) Edit: Changed tp to 3325 and will keep my eyes peeled.

The similarity system

Yep, that's fine. It's your style! You shorted when price made an extreme. I would place my SL closer. Your target is the DS prices (towards) which is good. I'm not sure of your pending Buys. It assumes that it will reverse (which it could do)... ...

The similarity system

You are actually on the right track or very "similar" track to the Bollinger method. Basically, you mention the ZZ creates its leg. For example, the current leg is a Top. Therefore, the next leg should be a bottom until the Top is invalidated by ...

The similarity system

Some other notes I've compiled. One is regarding the zones and the numbers required to match the equivalence of time. For whatever reason, we are using 4500 minutes. I can't remember where this comes from. In my previous post, I mentioned a PDF in ...

The similarity system

On the top of this thread there is a paper clip icon with 1,001 next to the Subscribe button/symbol. I suggest you go there and look through 5 pages of attachments. One of them is PDF from me from the early days. Have a read at your leisure.

The similarity system

So is the Momentum blue and the RSI Red/Green? Are you matching the peaks and troughs and then looking for the differences? For example, the last bottom swing.... the Red line has 2 top crests before it turns grey and swings up. On the Blue, it's ...

The similarity system

I've been meaning to ask you, what is that indicator at the bottom? What is your definition of a mis-price?

The similarity system