NOW EURUSD is firmly under 1.3145 !!! Isn't that beautiful. Who said forex-trading is 100% luck? Please spend a day on this thread. We will convert you.
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DislikedBut this will not ALWAYS be the case because the indicator we are using is not the "best". There are cases whereyour claim will fail: However, what most of you have FAILED to learnr is this: The orIginal principle states that price MUST return to the level where the dis-similarity was FIRST DETECTED. So, even if price returns there and the zone has not yet appeared (according to Ralome's indicator), the CONDITION IS DONE!!!!! GET THIS RIGHT!!!!Ignored
Disliked{quote}PRICE WILL ALWAYS CLEAR THE FREAKING ZONE FROM THE OPPOSITE DIRECTION THAT CREATED IT
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Disliked{quote} All i had to do was to zoom out the chartThere is more to see I know but this 1 revealation is a gaint leap
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Disliked{quote} I do not wait for the indicator to draw the zone, I place a horizontal line at the high and the low as soon as the indicator identifies a dis similarity. Watch what price does around here too, BEFORE the indicator draws it.Ignored
Disliked{quote} Thanks for your posts Baillie. I do the same. I would find it useful if the indicator could do this automatically some way. Possibly marking it in a different colour from when the dissimilarity zone finished? Maybe we could have that added to the indicator by one of the programmers.Ignored
DislikedAnother forecast for those who are interested: next dissimilarity will start on 07.22. 15:45 GMT. And it will be a longer one, for around 10-11 hours.Ignored
Dislikedhey guys, hope we are all making money!! Eurusdd show us that when dis-similarity become flat it becomes good support and Resistants: Take a look at the picture this help me alot with my trades! {image}Ignored
DislikedAnother forecast for those who are interested: next dissimilarity will start on 07.22. 15:45 GMT. And it will be a longer one, for around 10-11 hours.Ignored
Disliked{quote} This could be very useful information. If correct that could mean that the price will be ranging until that time (within the H/L of the last dissimilarity period). Incidentally this coincides with the next RED News for USD at 15:00 GMT!!! If this information proves to be reliable we could be able to forecast how long price will be ranging and adjust our trading accordingly!!!Ignored
Disliked{quote} Imagine If there was an indicator that could automatically figure it all out!!!Man I wish I could program!!!
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DislikedBut this will not ALWAYS be the case because the indicator we are using is not the "best". There are cases whereyour claim will fail: However, what most of you have FAILED to learnr is this: The orIginal principle states that price MUST return to the level where the dis-similarity was FIRST DETECTED. So, even if price returns there and the zone has not yet appeared (according to Ralome's indicator), the CONDITION IS DONE!!!!! GET THIS RIGHT!!!!Ignored
Disliked{quote} Imagine If there was an indicator that could automatically figure it all out!!!Man I wish I could program!!!
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Disliked{quote} Imagine that I already imagined itI'll see what I can come up with. Although I think it won't figure all out, but many
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Disliked{quote} It can be programmed. If I find some free time during the weekend, I will do it. It will be able to "look ahead" exactly the same number of bars as the stochastic is set to (300 in this case). Naturally only the time of dissim can be forecasted, where price will be at that point cannot. Maybe we can ask Eurusdd to fill us in there...Ignored
DislikedLol Eurusdd....Look at the DEMO Leaderboard for this week!!! Number 4 on the board (the other two are EAs that I am testing) {image} I should change the name of it to "Eurusdd's Similarity Trading"Ignored