Dodging 'what ifs' on the charts is like dodging bullets from an AK47 But the 'critical levels', if correctly identified and mapped out,(not as easy as one might think), helps to narrow down this what ifs. The idea I go with is to assume this ...

The similarity system

I'm of the opinion that there's an optimal value intrinsincly tied to each TF. You just need to figure it out. I only use the 30M TF for this and my 'h' is 48 for that TF only. How you implement these is another matter entirely...

The similarity system

Many ways to skin cats with this one! It is a numbers game...

The similarity system

...not 'new' per se, but I'm tying in the concept to an already great method, so I think it's EUREKA from here on. While testing, I ignored it's advice on EU, but respected it on EURNZD. The rest is history. So it just got promoted to Level 1 on my ...

The similarity system

Here's a little gift of informtion i'd like to give to you guys. I stumbled on it a few days back, and I think it's one of the best discoveries I've come across in FF in a while. It ties in beautifully with the overall theme of this thread, so study ...

The similarity system

very appropriate line of questioning. For me, I'm seeing that the analysis is the least part of the process. More important is what to do in every case scenario. Like EURUSDD did while showcasing his 'NO THREE LOSSES IN A ROW' trades and Trade ...

The similarity system

For me they're both static, and unique(different) for each TF.

The similarity system

...like I said, easier money elsewhere. 198pips and counting!

The similarity system

No entries yet for me...market just showed it's cards. Now the stop hunt(or consolidation), THEN the entry...

The similarity system

...and that's exactly what stops are for.(and sensible risk/money management!)

The similarity system

Same here. Buys still valid though. stops was just too tight, especially considering high impact news day. Long again. Buys invalidated only if price closes below 3109.

The similarity system

oh! Tnx so much buddy! Nice! PM!

Trend-spotting

NewYork close above 3130 as expected, so 3220 in my crosshairs. Tomorrow should be very interesting.

The similarity system

Hello Hanover. Is it possible to make this indicator work with the Latest build 670 of MT4? Tnx.

Trend-spotting

I really don't give much weight to candle closes. Just NY closing prices, weekly closes and monthly closes.

The similarity system

It's certainly worth taking a look at other pairs. Easier money elsewhere no doubt. Just weigh ADR/SPREAD and you should know what else to pay attention to.

The similarity system

A lot will depend on how newyork closes today. If NY closes below 3130, then expect 3110 to be tested again. If not I'm targeting 3220.

The similarity system

...finally...targets hit @ 3110 to the pip almost (3109!!!) Limit Buys placed @ 3109 and 3100. Target 3220.

The similarity system