Murrey Math and Quantum Method

Murrey Math and Quantum Method

My idea find the best entry point.

This helps Murrey Math levels.View where its reverse points,levels.

The Quantum indicator I use to signals.

Example NU

What? Before Usd red news 1min

NU After news

You have indicators? or books on this subject

you can share indicators and expert?

and profit

Here is a rejection from -2/8 For Eur/Nzd

Thanks for updated indicator in post#1

looks promising system.

subscribed.

cheers, D

Marrey Math is so genius math for trading based on support and resistance
Great work, bro. I will practice this method.
Thank you so muck !

Just took a trade using the 1 minute settings for Murray Math S/R, and it went for +15 off the -2/8 bounce, not sure if luck and what not but surely an indicator is only as good as the amount of people looking at it / the S/R level. It was weird too because there was no visible 1 minute S/R, next to the -2/8 level but it bounced right off and price took off. Looking forward to testing some more.

Another set-up.

Thank you for all ,the positive reply

See the EN MQ 240/725 area

GU wait sel

Two more bounces -2/8 from GBPAUD, and -1/8 from EURCAD. I find that bounces are stronger when in confluence with trend lines, from AutoTrendChannel.

Here price broke the +2/8 line which is why you see my sell order appear to come in at 7/8 line, it just recalculated once it broke, but nonetheless another good trade taken from the 2/8th line. I'm a little baffled as to why this actually works, at least for the last 3 hours that I've been monitoring it (on and off since I'm trying to do homework right now). Compared to indicators like Fractal S/R, and TLB which is my go to, this one seems to get the levels spot on. Kind of shocking too because I've been watching it from about 10 pm est to now, which are usually dead hours for the market but have still given me some pretty good trade set ups.

After reading up on Murray's theory, and watching some of the video the only reason I can conclude as to why it works is that price of course always pulls back after a strong movement. The +- 1/8 and +- 2/8 lines represent the "extreme" S/R for each of these strong movements. The video and other websites claim that 95% of the time price will pull back if reaching the +- 2/8th level. While these lines don't vary that much from the lines the TLB indicator gives me it does a good job of getting it right the first time. Previous indicators would draw S/R lines that, although appear to be good areas to buy/sell, merely get broken and then redrawn till they reach the level where price bounces.

At last a new thread on MurreyMaths, great stuff following with interest, good luck

nice
murray math graf & quantum

Just to keep the thread ticking over, 2 charts from today, to be honest not sure what the quantum side of the thread is about