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Madmoney replied Jul 10, 2013Yes, EURUSD. I would wait for a matching major spike in the other direction.
The similarity system
- Madmoney replied Jul 10, 2013
That wouldn't really benefit you, each of my pairs have different parameters. Just put two Ci's on your chart, it doesn't matter what number it is and just make sure one is 5 times more length than the other (that's if it's the 1M chart and the 5M ...
The similarity system
- Madmoney replied Jul 10, 2013
The main trend is the bottom cycle identifier, my rule is 'I will not trade against it'. I will only take DIS-SIMILARITY trades that are in the same direction of the main trend. Is that clear?
The similarity system
- Madmoney replied Jul 10, 2013
It's not rocket science, just give it a try, experiment. All you need to know is on post# 28
The similarity system
- Madmoney replied Jul 10, 2013
The concept is to capitalise on DIS-SIMILARITIES, however big or small the window.
The similarity system
- Madmoney replied Jul 10, 2013
Each of the pairs that I trade have different parameters, due to their different volatility behaviour. Spend some time tuning the pairs you trade until they are >90% similar.
The similarity system
- Madmoney replied Jul 10, 2013
There was no dis-similarity. Here's an example (a trade I took). The bottom CI represents the 5M chart. NOTE: I usually exit at major spike if my TP has not been hit.
The similarity system
- Madmoney replied Jul 10, 2013
I meant the charts must agree >90% when using the cycle identifier.
The similarity system
- Madmoney replied Jul 10, 2013
Move on!! Your views are not needed here. YOU ARE BLIND!
The similarity system
- Madmoney replied Jul 10, 2013
There are many ways to profit consistently with Eurusdd similarity methods, from cycle identifier to stochastic and the bb and the stochastic method. You can choose one our combine them, just make sure you practice, that's when you start to see the ...
The similarity system