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Murrey Math and Quantum Method

  • #681
  • Mar 28, 2017 1:36pm Mar 28, 2017 1:36pm
Shorting EUR/GBP, got stopped out on my nzd/chf earlier this week.
instagram: stepbystepforex
  • #682
  • Mar 28, 2017 6:05pm Mar 28, 2017 6:05pm
Quoting Masterrmind
{quote} Yes if it drops under the 83.500 level I'd be concerned. But that's one good reason why I have my stop close to this level. Do not want to be in a long below that level its potentially very nasty. Big question is should I allow the 1 long trade to run while I sleep? The answer to that question will perhaps be found in the TE later. Masterrmind............
AJ

+40.8 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB


Finally closed out the original long entry after 2 previous winners.

+13.6, + 24.9 and then +40.8 = +79.3 pips on this pair.

Masterrmind...........
Master your Mind then Master your Trades
  • #683
  • Mar 28, 2017 6:13pm Mar 28, 2017 6:13pm
Quoting vgyuszko
{quote} Close all hehe {image}
Nice work.

Now your Return by Trade curve is heading in the right direction after the previous pullback.

Keep it going towards the moon.

Masterrmind...........
Master your Mind then Master your Trades
  • #684
  • Mar 28, 2017 6:29pm Mar 28, 2017 6:29pm
Quoting OAPDave
{quote} Now I trade off Mt4 I have a slight issue, I have 2 brokers and 1 counts Sunday as a separate bar and the other does not so I get slight different charts but here is the view of a 4 from the broker that does not {image}
Yes broker D1 close candles can be an issue.

I tend to go for the brokers that close at 5pm EST (NY).

However, at the end of the day I think the trader has to be satisfied that whichever broker candle close they apply that it leads to profitable trading.

I will always look towards the PA on any given chart of any given instrument to provide entries into trades.

On a side note: I'm going to find out if cTrader/algo has an MML indicator as I really like the feel of that platform its clean and precise.

Masterrmind..........
Master your Mind then Master your Trades
  • #685
  • Mar 28, 2017 7:16pm Mar 28, 2017 7:16pm
Current Watchlist

Nothing really on the radar at this time.

Perhaps setups will reveal themselves closer to London Open.

Possibles are NJ then in about 4-5 hours look at trading Italy40 and Stoxx50 (I'll probably leave these alone though)

Masterrmind.............
Master your Mind then Master your Trades
  • #686
  • Mar 28, 2017 9:33pm Mar 28, 2017 9:33pm
Quoting cescof
{quote} Hy... why Ea doesn't close order at +2/8 level? are my setting ok? Thanks Regards https://gyazo.com/73e0a2c193cc4a57022c7a9f0fd1eff1.png {image}
yes BE or close
Find it The Best Entry Points
  • #687
  • Mar 28, 2017 10:36pm Mar 28, 2017 10:36pm
Quoting teatime
i hold it still {image}
sl killt + 97
donīt follow me,you will loose your moneyy
  • #688
  • Mar 28, 2017 11:30pm Mar 28, 2017 11:30pm
Quoting vgyuszko
{quote} yes BE or close
Please can you explain me better?
Thanks
Regards
  • #689
  • Mar 29, 2017 1:46am Mar 29, 2017 1:46am
Not many setups if any on the M15 chart.

A brave trader could look for a setup on NJ, Gold or Italy40.

I will look at lower TF setups on say M1 and M5 and a reduced MML octave gap.

Ok I'm long on Gold at reduced position size (0.25 lots).

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #690
  • Mar 29, 2017 3:53am Mar 29, 2017 3:53am
M5 Settings I'll be using are shown in the screenshot.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 41 KB


M5 watchlist:

1. AUDCHF
2. CADJPY

Masterrmind...........
Master your Mind then Master your Trades
  • #691
  • Mar 29, 2017 4:13am Mar 29, 2017 4:13am
AUDCHF [M5 setup]

Now short

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB


TP is about 40 pips but trade may be closed out closer to 10 pips subject to any bounce of PA at the +1/8 MML.

Masterrmind........
Master your Mind then Master your Trades
  • #692
  • Mar 29, 2017 4:27am Mar 29, 2017 4:27am
Quoting Masterrmind
Not many setups if any on the M15 chart. A brave trader could look for a setup on NJ, Gold or Italy40. I will look at lower TF setups on say M1 and M5 and a reduced MML octave gap. Ok I'm long on Gold at reduced position size (0.25 lots). {image} Masterrmind...........
Gold

+18 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #693
  • Mar 29, 2017 4:38am Mar 29, 2017 4:38am
CADJPY [M5]

Worth a look.

Masterrmind..........
Master your Mind then Master your Trades
  • #694
  • Mar 29, 2017 4:53am Mar 29, 2017 4:53am
Rode the EUR/GBP roller coaster for +41 pips.
instagram: stepbystepforex
  • #695
  • Mar 29, 2017 5:13am Mar 29, 2017 5:13am
EA short on the run from 1,4271
EG short + 80 pips
UJ - 22
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDmicroH1.png Size: 66 KB
donīt follow me,you will loose your moneyy
  • #696
  • Mar 29, 2017 8:44pm Mar 29, 2017 8:44pm
Current Watchlist

GN

DE30

Note: AUDCHF short is still in progress with about 30 pips or so in DD on a 0.5 lot entry ... not expecting price to push higher before bears come in.

Masterrmind............
Master your Mind then Master your Trades
  • #697
  • Mar 29, 2017 11:20pm Mar 29, 2017 11:20pm
Quoting Masterrmind
Current Watchlist GN DE30 Note: AUDCHF short is still in progress with about 30 pips or so in DD on a 0.5 lot entry ... not expecting price to push higher before bears come in. Masterrmind............
Looks better now ?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFSBM5.png Size: 79 KB
  • #698
  • Mar 29, 2017 11:29pm Mar 29, 2017 11:29pm
Quoting teatime
EA short on the run from 1,4271 EG short + 80 pips UJ - 22 {image}
Hy... could you share your tpl....? I'like your tpl style...
Thanks
Regards
  • #699
  • Mar 29, 2017 11:55pm Mar 29, 2017 11:55pm
Quoting OAPDave
{quote} Looks better now ? {image}
Yes its rolling over nicely.

MML levels reset and when that happens it actually might be worth considering getting out of the trade.

In any case I only applied 0.5 lots so that a reasonable stop could be applied for an over-night run.

Not the best of trades though however, I did have an expectation that the AUD currency would weaken.

Lets hope it weakens all the way through London session today but don't bet the farm on that ofcourse.

Masterrmind............
Master your Mind then Master your Trades
  • #700
  • Mar 30, 2017 12:05am Mar 30, 2017 12:05am
Watching the following M15 charts at the moment:

Gold
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB

DE30
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 40 KB

GN
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 41 KB


Note 1: GN is on the backburner for the time being but I am monitoring it even though its currently midway between +1/8 and 8/8 MMLs it can move very fast when it wakes up.

Note 2: The AUDCHF trade is still running with close to 20 pips in DD at the moment.

Masterrmind...........
Master your Mind then Master your Trades
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