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- minipip replied Feb 10, 2013
The MACD indicators show both daily and weekly are overbought The EMA's for the H1 and H4 charts are in conflict, H1 shows downtrend and H4 shows uptrend I therefore expect a move to the downside this week But this is all about price action, so will ...
- minipip replied Feb 10, 2013
OK, Here goes for this week GBP/JYP Box upper 146.764 (include 20 pips + spread) Box lower 145.617 (includes 20 pips) Based on first 4 candles, to coincide with Oz opening 8am and closing 1Pm Adding EMA's of 20, 30 and 50 to aid in decision making ...
- minipip replied Feb 10, 2013
Hi Steve, I will try the 8am to 1pm candles on the 1H chart and see what happens. Just need to work out time differences to get it all right Current time here is 2.00pm GMT, 1am in OZ, 13 hours difference So 1pm OZ time will be 2am gmt That should ...
- minipip replied Feb 4, 2013
Looks like I messed up on the candle Thanks for the candle calculations Steve d Thought I was entering on the first 4H candle for Oz, but not sure what happened Waited until 1am GMT to correspond to 12pm Sydney time and took the low of 145.406, ...
- minipip replied Feb 3, 2013
Trying this out for the first time. Using FXCM MT4 Boxsize 89.2pips Selling at 145.206 TP1 144.314 About to be trigged into sell 1.14am GMT Going to take TP1 rather than TP2, as this is first trade using this system
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