My 1H bollinger mid is 3279. We must close above to see more moves higher. I can see the fight happening on the 2M.

The similarity system

Nothing moves in straight lines my friend. You firstly need to decide what is the current trend. Use your edge to decide this bias or else everything additional will cloud your judgement. I suggest you look at larger tf and scale your way down. ...

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Hmmmmm very bullish move there.

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Sorry for being cryptic... is 88 because last Hour closed at 87.3 therefore to go higher next candle must open at 88 (or above 87.3) I've seen that technique before in another method many years ago.

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"Opens"

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FOUND IT! LOL completely missed this one mate! Yep, I'm all up for it!

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that's why I use Asia as a "lower timeframe " indicator to London and New York.

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Bar height?

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Ah, but on the 15M look how Asia took down price early to get that low....classic bull move. So even though it's small ranges, it's a magnified view of what's to come. I don't think they wait for London.... They tell London, this is what we did.... ...

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Asian low was 3273 Giving an allowance of -30 pips, I don't think we will be revisiting this price. i have my stops at 3270 so if it spikes down, depending on where we are later, I can see Eurusdd's target being reached. 3333 is probably the area we ...

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Im all in from 3270. a 100 pip day is not out of the question.

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Hi Pedma, i don't think it would matter for TZ calculations on the 1M. But certainly for calculating Similarity. its just too fast on TZ, I literally saw boxes disappear and reappear yesterday.... How to make decisions on that?! Too fast for me.

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Thank you for this. It only makes me think that my theory holds on a general level and there would be variances due to operational or tactical reasons throughout the year. I'm not in the finance industry but I do work for a global company. The ...

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I'm looking at 3276.1 or 3275.5

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That is right. But on a chart, what are the truly transient prices?

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Note the difference between the 5M and the 1M If you simply looked at the 5M, you could be mistaken for thinking the pin/tail was transient. But if you look at the 1M where 5x1M bars.... you will see that it is in fact recurrent on the 1M timeframe. ...

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Yup! Now how would you / could you describe how that top box formed given the blue boxes you highlighted..... I guess it would be better to video it and post the video. LOL

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No, that is a misconception. Herd-like behaviour is.... democratic. Consensus. Otherwise it would be random. A flock of birds don't all have the strongest flying at front. They take turns. They inherently know the direction but if path/obstacles ...

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Yes, but now that I saw it develop on the 1M, I can see how tricky it can be to interpret. Hence to be able to distinguish between what has happened already (left handside) vs what is happening right now (righthandside) is crucial. The indi on that ...

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