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vlady1974 replied Sep 22, 2014That's a really good question. For now I would like to say it depends. However, based on my trading style I would prefer to go back to a previously known RZ. I don't have a scientific reason for this other than an analogy that I believe moves build ...
The similarity system
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vlady1974 replied Sep 22, 2014Here we go. And now for one more bounce at 30 and I'm gonna be looking.
The similarity system
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vlady1974 replied Sep 22, 2014Oh, I get that... but then it still has its own idiosyncrasies, in the same way that EJ for example has more volatile moves wicks or that EA has larger moves when it gets momentum, etc. Comparatively, whilst not the best comparison because of YEN, ...
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vlady1974 replied Sep 22, 2014Hey Hep! Indeed it does have all the markings of bullishness... just not that final nail in the coffin. Not sure of the sequencing, but the obvious ones are 2926 and 2866 assuming a higher value of h. On h=1, then add 2874. Given all that, I still ...
The similarity system
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vlady1974 replied Sep 22, 2014Loving it guys, Loving it! FX-Jay, boom-shakalaka! Impressive trades! Was gonna venture some trades with the USDCHF but I'm so unfamiliar with it, I decided not to... but I may just have a look at your entries tonight. I love it when you / others ...
The similarity system
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vlady1974 replied Sep 22, 2014It's okay CFD... I don't have access to TZ at work, so I rely on naked price action. Looks like the 19 is the top part of the zone, bottom part is 16. If purely on 5M, then h = 10 is a clear Transient of the 19-16 range for the left. There's 5 bars ...
The similarity system
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vlady1974 replied Sep 22, 2014It gets harder doesn't it? Can't hold positions in the same way you could back in 2008/2009 and prior.
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vlady1974 replied Sep 22, 2014Looks like 5M is leading the charge for the moment. Bounce off 20 and now above 29....er again. Edit: If this has decided that it's definitely down, it would a great setup to see 2845 again for the retracement. That's roughly where I would short it.
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vlady1974 replied Sep 22, 2014I'm almost preferring it did so that we can get a clear signal on the 1H and 15M. If it did go to 2825 and bounce above 32-38, it's bullish again.
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vlady1974 replied Sep 22, 2014Still indecisive, isn't it. 4H favouring south. 1H in the middle. I'm out of longs after a quite a few good pips. Sidelined for the moment.
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vlady1974 replied Sep 22, 2014That DS zone will probably act like support for a while... or until Mr Dragon speaks.
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vlady1974 replied Sep 22, 2014Yes, I have it too. 66.1 actually. On the 5M. The next range I am looking at is 2866-2877 The 5M is moving in blobs of 25-35 pips. The 1H is moving in blobs of 18 pips with a small blob of 14 pips (2928-2937).
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vlady1974 replied Sep 21, 2014Okay... for the 24 hour one, it's in 6 hours.... but I'm not using 1H. I'm using 30M... cos that's where the TZ appears on my platform. It's the one that gave Josh and I the same price of 9023. I've amended my TP to this to avoid confusion now and ...
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vlady1974 replied Sep 21, 2014On the 30M that makes complete sense and satisfies the condition I've been observing over the weekend. Unfortunately, I had my wires crossed and I posted a call on Sat which was back-to-front. Once I saw it, this particular condition (bottom) has ...
The similarity system
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vlady1974 replied Sep 21, 2014If this is right, I have the makings for a condition on the TZ that can pretty much guarantee the WHEN and WHERE of "Voodoo Chile Slight RETURN"
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vlady1974 replied Sep 21, 2014I didn't want to say in case it was your H value. But I had it the same as EurDollar value on the 4H. Wait... that just made me realise something. Just a sec... Found it. 1.06203 in the next 3 months.
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vlady1974 replied Sep 21, 2014Really appreciate that Eurusdd! But I'm still a learner. Just trying my best!
The similarity system