Excellent stuff! Kinda weird scrolling through and then seeing words you've written in someone else's notes. Well done for collating this Rahimseven.... hopefully you've put it to good use!

The similarity system

Just watching this now... On 5M, a UTZ has formed based on h> 3 On 1H, a UTZ has formed but h=1!! LOL

The similarity system

Just had a look at this now (back in the office).... that last TZ looks really....EVEN. And price has come back to clear it. What we should now be looking for is a close outside of bollinger which should hopefully coincide with an Uneven TZ bottom. ...

The similarity system

The Even TZ had been cancelled the following day. Any subsequent return to the range should noted but the initial "return" has been already achieved so is weaker - but not completely irrelevant. The last UnEven TZ is a bottom, so price is heading ...

The similarity system

Hey FXAction, You have nothing to apologise for. Trading is an individual's responsibility not anyone else's. Your posts are very educational and have excellent quality. You've also answered people's private messages to you (including mine) and ...

my system of 20 pips

Took profit on the triggered. The mistakes I let the BE (-20 combined) take them out as I want to set this strategy as mechanical as possible - warts and all.

my system of 20 pips

Great stuff on the NZD! Just had a look on the CHF and that's looking good so far (igindex view though, no mt4).

The similarity system

Good. But take care with that last statement of intent. You have to find your own trigger based on this thread's principles! In the early pages, it is clear that entries are based on essentially a breakout. Long A = a level seen on previous bars, ...

my system of 20 pips

Do you add the drawdown as part of your risk calculation? One of the biggest trading issues I battle with on a personal level is overtrading and trade size management. About 4 years ago, I must have blown 5x (ie. refunded) on an account. The funny ...

my system of 20 pips

I have a Long EU triggered at 2761 I have an Long order for AU at 8883 I have open Longs for EU and EJ at 2780 (this was a mistake but I kept it open) and 137.70 These are underwater, but I am expecting more upside at 3X the drawdown risk.

my system of 20 pips

I think firstly, if you get the idea or principle - then you are able to adapt it to your personal biases. Often, we mimicry is the best way to learn for mechanical things where repetition eventually gives understanding. So as children growing to ...

my system of 20 pips

FXAction, can I ask how far you usually place your SL is from your entries? Many thanks

my system of 20 pips

It should be regular practice (especially newbies) to start any intra-day analysis using the 4H and zoom out. Mark the territory, then begin going into lower time-frame. Higher timeframes always trump smaller timeframes. Period. Any S/R on a 5M is ...

my system of 20 pips

Excellent! Looking forward to a good chat about this technique!

my system of 20 pips

No. Absolutely not. This is the demise of most newbies. Including you. If you implemented this "system" as you are describing it, with your rules and what-not, the moment it no longer applies to you - the minute it suffers a draw-down or consecutive ...

my system of 20 pips

It's not your journal so I don't care. But if you did, as long as it was related to the topic and the technique then it would be fine. But again, it's not about your results. There are 1000+ strategies that work in FF... who gives a shit about ...

my system of 20 pips

GUYS! GOLD NUGGETS Higher Timeframe (Shhhhhhh)

The similarity system

The author of this journal is in control. Thankfully.

my system of 20 pips

If you truly believe that.... then you are greatly misinformed by your own internal biases. Within the first 12-15 pages, I gathered what I needed to know. I experimented... yes I lost pips as I was trying to work out how to address it with my ...

my system of 20 pips