Hope you get this one! It coincides with Daily R1 @ 13078 GL

The similarity system

Don't trade if you have doubts. It's fine to wait. And it's free Re the sync... i've not played with the indi yet but if there was a setting that matched the 15M to the 1Hour.... then essentially the indicator would need to mathematically adjust ...

The similarity system

try and not be a baby. work it out. contribute something meaningful. stop asking without giving. simples.

The similarity system

I checked out his posts to your thread.... his earliest post said something like "give me information... kind of like, spoon feed me" What?!?! This isn't a child's game. Trading is probably one of the hardest things in the world to do. Effort is ...

The similarity system

Is this what the Similarity will produce - a repeat of the last yellow box?

The similarity system

Mate, I haven't forgotten you. Let me read this on my commute home and digest it. 1st para seems to resonate with my earlier "philosophical" post.... basically the same thing. Will let you know either here or PM. Thx

The similarity system

Thanks. My instant reaction is: a) I would wait for the bigger move which would come after Similarity. (which has just happened). b) If I was scalping like Forex Lion, then I would use very tight stops. The reward is there but there is a ...

The similarity system

It does look like unfinished business up there. Using other principles.... the ZZ shows the last swings.... so that zone is basically the last major swing high. GL!

The similarity system

Got it Captain! Makes a whole lot more sense that way. Now. Go and enjoy your vacation and don't worry about us kids! Thanks again!

The similarity system

Oh look! As I was creating that trade plan, it came down and revisited Daily S2 where I placed my earlier trade. Guys you could have placed a small long on this baby.... work out your risk then set your target. BTW.... no one has posted a Zig Zag ...

The similarity system

I would say Daily S1 is a good price point 13049. If you can risk an extra 5 pips, you could enter now and target 13076. Entry 13051.2 Risk 13044.0 TP1 13076.0 7.2 vs 24.8 = 30% risk to 70% reward.

The similarity system

Ahhh... now you're thinking. Yes. Me, I wouldn't do it because I want the bigger move. But this is trading. We are looking for arbitrage opportunities. So.... I like what you are thinking. If the zone is not cleared, determine your lowest price move ...

The similarity system

Is that what the rules state - that the entire height of the box needs to be retraced by price? My own interpretation is that it doesn't need to do that. I may be wrong. Eurusdd thoughts on this?

The similarity system

Guys, no shorts yet. Someone watch the ZZ and Bolinger for a signal. We want a fakey (price touches upper BB)... or a confirmed Zig. ONLY AFTER look for a trade entry, not before. You don't want to get whipsawed. EDIT: Chart to show what I ...

The similarity system

The high of your candle reached the price. What is this chart of, 15M or 1H?

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Post a chart dude. Let's see what you're seeing (or not seeing)

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Out @ 75 = 36 pips. Nice. 5 pip SL.

The similarity system

Boom!

The similarity system

I would say that whilst this is my sentiment, it's less about predicting price and more about "catching a move" or riding a move. Whilst Eurusdd has provided a tool and even a map... you still have to trade this sucker. Without other tools, I think ...

The similarity system

I think this is the easiest zone to take out (i.e. the higher one). The momentum was up and I know changing trends don't just trickle into a new direction - they're violent and show a battle of suppliers and buyers. So if the lower number of ...

The similarity system