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Mouteki Trading

  • #2,421
  • Oct 2, 2006 5:58pm Oct 2, 2006 5:58pm
Quoting kermut
Is there another way to draw the trend line in MT4?
Hi Kermut,

Not that I know of. The way you describe is the only way. The only thing I can suggest is that you keep practising. It WILL get easier with practice. This I can assure you.

regards,
HK
  • #2,422
  • Oct 2, 2006 6:01pm Oct 2, 2006 6:01pm
Quoting kermut
Thanks for the reply horace. Though I did not take the trade, it is good to learn and become comfortable with the system. It is obvious that a lot of ppl are actively trading live on this system.

In my MT platform, I can not seem to get the trend line drawn easily. I click the trend line icon, and then go to the candle i want to start from, but from there, the line appears and then has to be directed by the mouse. And it never seems to be able to be directed easily. Is there another way to draw the trend line in MT4?

Regards,
Kermut
the line will have 3 small squares for control if you double click it. If you don't knew this one.
The trend isyour friend untilis about to end...
  • #2,423
  • Oct 2, 2006 6:14pm Oct 2, 2006 6:14pm
UPDATE...
Attached Image
  • #2,424
  • Oct 2, 2006 6:16pm Oct 2, 2006 6:16pm
Quoting Horace Kent
UPDATE...
I can't trade this one....
  • #2,425
  • Oct 2, 2006 6:33pm Oct 2, 2006 6:33pm
Why not lambert, your broker doesn't offer the pair?
Quoting llambert3
I can't trade this one....
  • #2,426
  • Oct 2, 2006 6:45pm Oct 2, 2006 6:45pm
  •  Carlos
  • | Joined Sep 2005 | Status: Commitment, planning and discipline | 65 Posts
I'm long today from 1.8810 after closing my short on Friday..... is this a retrace or is GBP, after getting a pounding against the EUR, looking to continue upwards?

I believe there is more upside for the GBP tomorrow.... but there after i have no bias... what are other peoples views?

Happy trading...http://www.forexfactory.com/forexfor...cons/icon7.gif
  • #2,427
  • Oct 2, 2006 7:19pm Oct 2, 2006 7:19pm
Can anyone answer this. If we are plotting a support line, and we have a candle that is higher than the two on it's left, and one on it's right and the next candle crosses the supply line, is that valid or do u have to have 2 complete bars on the right and left of a support/demand point.
  • #2,428
  • Oct 2, 2006 7:42pm Oct 2, 2006 7:42pm
Quoting Horace Kent
Why not lambert, your broker doesn't offer the pair?
Right, they do not.
  • #2,429
  • Oct 2, 2006 7:44pm Oct 2, 2006 7:44pm
You need two complete bars on either side that are all equal to or lower than the middle bar of the supply line you are trying to draw.

Quoting navadwipa
Can anyone answer this. If we are plotting a support line, and we have a candle that is higher than the two on it's left, and one on it's right and the next candle crosses the supply line, is that valid or do u have to have 2 complete bars on the right and left of a support/demand point.
  • #2,430
  • Oct 2, 2006 7:48pm Oct 2, 2006 7:48pm
The daily chart just opened above the line. The 4H has as well. It is definitely scary to buy this high, but maybe I should??? Oh me oh my, what shall I do???? Maybe just demo it.....
  • #2,431
  • Oct 2, 2006 7:49pm Oct 2, 2006 7:49pm
That's unfortunate lambert because the audnzd trends nicely. I only started looking at the pair about a month ago myself.
Quoting llambert3
Right, they do not.
  • #2,432
  • Oct 2, 2006 7:53pm Oct 2, 2006 7:53pm
Hi lambert,

please post a chart as i don't see an open above the trendline on either the 4h or the daily for the gbpjpy.

thanks
HK
Quoting llambert3
The daily chart just opened above the line. The 4H has as well. It is definitely scary to buy this high, but maybe I should??? Oh me oh my, what shall I do???? Maybe just demo it.....
  • #2,433
  • Oct 2, 2006 8:00pm Oct 2, 2006 8:00pm
Quoting Horace Kent
Hi lambert,

please post a chart as i don't see an open above the trendline on either the 4h or the daily for the gbpjpy.

thanks
HK
Here is the daily...

http://picnac.com/images/1503gbpjpy.gif
  • #2,434
  • Oct 2, 2006 8:05pm Oct 2, 2006 8:05pm
Quoting Horace Kent
Hi lambert,

please post a chart as i don't see an open above the trendline on either the 4h or the daily for the gbpjpy.

thanks
HK
Actually the daily had a buy prior so this is a double buy. The 4h I actually had to go back in time. You don't really, but using the prior high the line is close to horizontal so I don't trust it. Going back in time though to a true higher high shows the buy. The chart is hard to read like this, but here is anyway.

http://picnac.com/images/9441gbpjpy 4h.gif
  • #2,435
  • Oct 2, 2006 8:09pm Oct 2, 2006 8:09pm
GBP 130+ pips
CHF 60+ pips

I use Fibbonaci 50% as my target or Nonlag from Igor at this time
Simplicity your Life
  • #2,436
  • Oct 2, 2006 8:22pm Oct 2, 2006 8:22pm
Quoting llambert3
Here is the daily...
http://picnac.com/images/1503gbpjpy.gif

I would do it this way...
Attached Image
  • #2,437
  • Oct 2, 2006 8:29pm Oct 2, 2006 8:29pm
Quoting Horace Kent
http://picnac.com/images/1503gbpjpy.gif


I would do it this way...
yeah just too flat. Probably just isn't a good setup. But the trend has to break at some point.
  • #2,438
  • Oct 2, 2006 8:34pm Oct 2, 2006 8:34pm
Oh for sure, it will break, and then I feel we will have a massive move on our hands.
Quoting llambert3
yeah just too flat. Probably just isn't a good setup. But the trend has to break at some point.
  • #2,439
  • Oct 2, 2006 8:42pm Oct 2, 2006 8:42pm
are my lines drawn right? Please help. still trying to learn

http://i34.photobucket.com/albums/d1...yee/eurusd.gif
  • #2,440
  • Oct 2, 2006 8:46pm Oct 2, 2006 8:46pm
Quoting bmwboyee
are my lines drawn right? Please help. still trying to learn

http://i34.photobucket.com/albums/d1...yee/eurusd.gif
Can you get rid of all of that mess??? LOL It's hard to see what you are doing really.
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