1.3117 my next target
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Similarity: A Practical Approach 859 replies
Similarity Trading - The ZZBB Method 215 replies
Rainbow similarity 256 replies
Similarity Stuff 17 replies
Directional Similarity 0 replies
Disliked{quote} Silly question maybe, but what's the difference between a fractal zone and a transient zone? From what I've read, fractal zones typically have low h values and are formed at bar ends. I guess this means that all fractal zones are transient zones, but not all transient zones (e.g. mid-bar) are fractal zones? Just wondering if people are using the terms interchangeably or not.Ignored
Disliked{quote} I am out at BE, now looking to re-enter soon aiming for 1.3152! With US on holiday might have to be patientIgnored
DislikedThe 4H shows that price is at BB midpoint. It would be ideal for it to close below this point (3144ish) which would signal a failure and another retest of the lows. {image} The 1H shows the same effect at the midpoint... which when not broken creates the opportunity to retest the highs and create new highs. In addition, the sequencing of the swings suggests a lower move. We shall have to wait as to what the next 2.5 hours before the 4H close will do (12PM). {image} The lower timeframes of 15M and 5M should be pretty self evident. The average daily...Ignored
Disliked{quote} Interesting number you came up with for your short target, I have 1.2756 for mine.Ignored
Disliked{quote} Very interesting. 4H closed above. I closed all shorts. And will wait for a better entry. I don't mind it being lower than 51 or 61. But I'll wait to see what NYC open does. I'm sure they'll want it higher if they fancy shorting into Fri's NFP.Ignored
Disliked{quote} Yes, this makes sense Vlady. Before they drops it on Friday, they will push it up first in these 2 days ... 3150 is hit, may be it will hit 3188 or 3218 first before it drops on Friday ... ??Ignored
DislikedThanks Feline & Vlady, One question. It is difficult for me to see the difference to get Dis-similarity on 2 TF as on image ( i just see the price on top left of the second window ). Does it means that they are in Similarity state ? Or i must create a code to get the difference like Ralome did his R1 / R2 ? Thanks in advance {image}Ignored
Disliked{quote} In at 3158 because of spread. I'm not sure to hold for position or to scalp. Intermediate target via 15M at 3143. If it goes here, I may scalp it and re-enter if the 3160 price range is revisited.Ignored
Disliked{quote} My opinion on this is that the 2 timeframes are mutually exclusive in the sense that you are comparing one timeframe's top window to bottom window only. You're not comparing the bottom window of both timeframes because you are in effect comparing different quantities... there are more 15M bars than 1H bars to get the same 4500 minutes.... so your stochastic waves will be different. However, having said that, I think that the hourly CLOSE should be the same. So when the 1H prints the new bar, the previous bar's close should have the same...Ignored