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jimmY213 replied Aug 28, 2014what worked for you as a TP? intuition or fixed tp? edit: watch for a possible re-entry. i do so

Rainbow similarity
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jimmY213 replied Aug 28, 2014i will keep that in mind for short targets. does someone took this trade?(white arrow) image
Rainbow similarity
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jimmY213 replied Aug 28, 2014and the blue zone is the first time of dis-similarity? cant really see it so many indicators

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jimmY213 replied Aug 28, 2014i am curious to hear "your way".
MEDIUM RISK(similarity got comfirmed) EU +40p image Rainbow similarity
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jimmY213 replied Aug 28, 2014thank you. will you try it or did you found your "holy grail" allready? MEDIUM RISK another quick scalp on UJ image
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jimmY213 replied Aug 28, 2014MEDIUM RISK re-entered EU, that was one fast scalp 2 1/2 min on M15 TF image
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jimmY213 replied Aug 28, 2014MEDIUM RISK GA just a few pip because of CI-similarity image edit: still fighting with GU


edit: SL hit -70pipRainbow similarity
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jimmY213 replied Aug 28, 2014thats the question. in this paricular case it was because of the similarity and the fear of a reverse. a matter of feeling and there we have the problem.:nerd: the word "feeling"!
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jimmY213 replied Aug 28, 2014MEDIUM RISK because ot the red spikes hoping for this just to be a retrace. if CI shows and MBFX turn yellow i will jump in. edit:entered EU image took profit, because of the similarity of CI(possible reverse). image same here. but H1 is ranging ...
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jimmY213 replied Aug 28, 2014why do they criticise this awesome tool? i guess for them its heavy to see ranging which is not good for the system. if you use just the rainbow.
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jimmY213 replied Aug 28, 2014you cant say this excatly it can repaint within 10 minutes but according to TF, for example if you have a "TOP" and CI indicates and if its against the rainbow the chance of repainting is high, because trend is still up! Just a small retrace will ...
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jimmY213 replied Aug 28, 2014LOW RISK missed this almost perfect entry , but i was asleep. image
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jimmY213 replied Aug 27, 2014You missed an important fact NOT to trade, when rainbow is down and CI heads the other direction. Or at least Know, that it is a HIGH RISK trade. I personaly trade, when MBFX turns yellow the levels are Not that important. When CI indicates and MBFX ...
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jimmY213 replied Aug 27, 2014because of the fact its a scalping system i trade pairs with low spread. in my case that is USD/JPY, EUR/USD, AUS/USD, GBP/USD, DE30, EUR/JPY, EUR/GBP, GBP/JPY. we need a good volatility for this to work well. thanks. my grandfather once came into ...
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jimmY213 replied Aug 27, 2014MEDIUM RISK because similarity was shown(maybe reverse) thats the last for today i think. so much ranging. banked +246p not bad for such a day. in some case we have this ammount of pips in 1 trade. anyway, lets call it a day. i will have a look at ...
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jimmY213 replied Aug 27, 2014i am glade to see that im not talking to myself.
pls show us your impression in the system over this week. may we can learn from you
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jimmY213 replied Aug 27, 2014here is the explanation for the CI tweaks i recommend for TF M15: CI1 priceactionfilter 1 length 5-10 majorcyclestrength 4 CI2 priceactionfilter 1 length 5-10 * 3 = 15-30 majorcyclestrength 4 i think on EU length 5 and 15 looks quiet nice. i think ...
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jimmY213 replied Aug 27, 2014UJ MEDIUM RISK another trade i took a few minutes ago. i took my profits fast because the rainbow wasnt in his full beauty maybe re-entry time will tell. +50p image
Rainbow similarity