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Eurusdd replied Jul 18, 2013I think you should be good because that zone below - on the 15min chart, on the left - is a good one to take out!
The similarity system
- Eurusdd replied Jul 18, 2013
right now - price is stalling because there is a new zone expected just below it zone and there is one already painting above it. You see what I mean. Price has to find a way!
The similarity system
- Eurusdd replied Jul 18, 2013
if you are in an uptrend/downtrend, you are expecting a zone to appear and the position of the zone - when it appears - is directly in-front of current price then that is a hint that the trend could turn around temporarily.
The similarity system
- Eurusdd replied Jul 18, 2013
I use it on all time frames. I chose 15min because it is almost mid-way between what most people use here; from 1min to daily.
The similarity system
- Eurusdd replied Jul 18, 2013
So, in relation to other zones on the chart; you want to know where price will be once that zone finally appear. If you think she will be above, the you should expect the zone to serve as a temporary support area till it expires or is taken out!
The similarity system
- Eurusdd replied Jul 18, 2013
If you look at your chart very well: YOU WILL FIND that most ZONES live reasonably long periods. Therefore, once dis-similarity begins, you have to figure out where price will be when the zone starts to appear. Furthermore, since most zones live ...
The similarity system
- Eurusdd replied Jul 18, 2013
treat zones as temporary road-blocks; support/resistance areas. So when one is about to appear, figure out if price will be above or below it. Very straight-forward. For example, we expected price to be below that 15min zone and she is still there. ...
The similarity system
- Eurusdd replied Jul 18, 2013
I have to SLEEP. But remember EURUSDD has spoken! 1.31583 is in the line of fire. Dis-similarity bar is needed to break 1.3082 in a way; so, for now continue the call(buy @ 1.3093) I made earlier on. We could get a spike there. Manage your BUY ...
The similarity system
Let us slow down!!!- Eurusdd replied Jul 18, 2013
kind of the reason this monster is trying to go there.
The similarity system
- Eurusdd replied Jul 18, 2013
I am not giving a CALL: I am trying to help NEIO understand his BB-ZZ. tHE reason is here. ZZ has some more to go..... image
The similarity system
- Eurusdd replied Jul 18, 2013
Neio: The indicator we have does not identify 40% of the dis-similarity bars after we did a test on it. Therefore, the theory is sound but the indicator is not perfect. Ralome did a perfect Job but he does not know the exact formula to identify ...
The similarity system
- Eurusdd replied Jul 18, 2013
WATCH IT! price will HUG the BB till 1.31583. The reason is clearly on your chart!!!!
The similarity system
- Eurusdd replied Jul 18, 2013
35 was cool. but you can choose whatever you want!
The similarity system
- Eurusdd replied Jul 18, 2013
Leave everything else, except the new indicator R-V2. neio, THE zz CAme to early, so do not be surprised to see price shoot up to 1.31583
The similarity system
- Eurusdd replied Jul 18, 2013
do you see the BB can tell you where to expect ZZ?The similarity system
- Eurusdd replied Jul 18, 2013
I hope people took my call to buy at 1.3093. Hmmm. Dis-similarity did not happen for price to strike below 1.3082. Therefore, those guys are going up to return again!
The similarity system