a serious buy should be considered after eurusd drops and closes below 1.3341.

The similarity system

this drop looks deceptive but it is real. a return to the top is not on the map yet.

The similarity system

eurusd has to close above 1.3353 to change trend. But that level is the current resistance.

The similarity system

We are in a downtrend and it is not complete yet. So, 1.3358 is a resistance level. until this thing is complete any buy will get you stuck....

The similarity system

well I said, we are in a mini-downtrend and it is not complete yet.

The similarity system

I am sorry but I don't want to go there again.

The similarity system

There is agreement across board now, however we have to wait for the first conformation on the 1min chart.

The similarity system

The mini-trend uptrend is now kicking. remember I said 1.3310 is the real low on friday. image

The similarity system

A trend on a 1min chart can be a combination of red and green bars. However, if you transform that trend into bars on a DAILY chart you may end up with just ten green bars. If those bars are all green then the color of the eleventh bar is NOT ...

EURUSD

He is perfectly correct!!! Why? The resources needed to produce a green/red bar on any given chart are finite and so the more green bars in a row you find on your chart, the closer you are to the next red bar!!! This is not the same - in the case of ...

EURUSD

Closing remark: This mini-uptrend will be sustained until we have agreement on all my time-frames. Therefore, 1.3310 is a real-low and price will now -after hitting 1.3326 - try to go higher, maybe complete next week. A fall is only possible above ...

The similarity system

Pricing window problem solved now. eurusd @ 1.3326

The similarity system

Time is very very important. Price can take ages to reach a certain level. So, if we know when to expect price to make a move we would be better-off. Timing is good. Price is not too precise due to pricing-differentials. I think we are done for the ...

The similarity system

You are right!!! The idea was that during the fall we experienced, eurusd should move back to 1.3326. In other words, buy below that price before the period ended. 1.3326 was the level to attract price before the period ends. she did but price did ...

The similarity system

time is up. eurusd closed the 120mins a little below 1.3326 @ 1.3323 on my chart. Not exactly what was expected.

The similarity system

1min to go!!!

The similarity system

That is not what I said. We expect eurusd to close above 1.3326 and the end of the approx period and then she will move to 1.3340 before a serious downtrend can continue again! So, eurusd is not supposed to go to 1.3340 before the end of the ...

The similarity system

YES. When the time ends, eurusd should be above. 30mins more approx

The similarity system

Nice thread. But first I need to shed more light on something. THERE is no precise definition for true randomness. Therefore, we tend to use the word random in a very loose manner. Be careful there. is the string 1-0-1-0-1-0-1-0 less random than the ...

Price CANNOT be random