Yeah, my latest thinking is that the Weekly High is currently 2962, current price 2914.... that's not that far or insurmountable. A bounce could happen tomorrow or Friday and a decent price of 1.2808 seems like an ideal Demand Price. Using Fibs, ...

The similarity system

If you look at the Weekly chart I posted. You will see that the first green arrow, happened after how big a drop? Why do you think it is unreasonable? You are making a big mistake placing demands on the market. You are creating this expectation that ...

Similarity Trading - The ZZBB Method

Well, I have learned to try and get a hold of news reports and bank reports from various sources. Whilst I don't understand it all, I scan for anything to do with EUR. This is how I keep my fundamentals up to date. Pro traders have always suggested ...

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I was out with work colleagues when I saw that 2883 was hit and I was too late to exit. I exited at 2904 The rejection going all the way back to 2917 is a sign for me or ranging and indecision. The 4H tells me why. From a ZZBB perspective, the last ...

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Boom Shakalaka!

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I know it's from ZeroHedge but still a good picture of why DOLLAR is going from strength to strength. url

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Hey, thanks very much for your kind words. You're right - that isn't my frame of mind even one iota.... I just want to help the crew who put in the hours and the struggle to internalise the principles that have helped turn my trading around. Just ...

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This (yellow highlight) is what made me think bull trap... but the initial bars still got me sitting down when I was already sitting down, ya know?! LOL Anyways, looking for that 2897 break

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4H close 2915.7 That's a positive sign, given that Bollinger Mid was 2930

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It's edging that way. I was a bit nervous about that spike up cos it blasted past 2930 and I had 2928 as a key midpoint level on the 4H.... was thinking it was gonna drag everything back up to 50-60. But thankfully it's easing its way down.... they ...

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There is a fight going on between Dollar and Swiss Bank who have to now drop their rate to 1.2. Potentially that creates value for EU as a more attractive or substitute currency to the CHF.... if I've understood the fundamentals correctly. So what's ...

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Hey FreeFox, If you look at Page 1 of this thread, Eurusdd tries to explain the difference between the 2 indicators. I can't recall with precision, but it's how one calculates the stochastic and the number of bars and there's a slight difference ...

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Feline... that's safe now. If you'd taken it as TP, then cha-ching!

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I'm hoping that Dollar Strength kicks in this afternoon as New York opens. That could help break 2920

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While I have it in my mind.... one of the reasons I triggered on the 2957 is the TZ behaviour of previous moves there. Most observers will just comment on that as "resistence"..... let them do that. What we've learned is transience vs recurrance. ...

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Dang, you're quick! But we're in sync!

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If you're in a trade from above, then on an intraday basis or 1H, target 2920. If it breaches this, then target 2860. Below that.... wow, name your pick

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Yeah, very good point. Trending markets has a different mindset to a Ranging market in my experience.

The similarity system

Hey Feline!! Ephisi and I are short from mid 2950s. I'm at 57, I think Eph is at 54. The target is always long range for me. 2764 at the minimum. So hence, why we've constantly been shorting every rally. The overall trend (via Month and Weekly) is ...

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You're on a roll! Lovin' it!

The similarity system