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S/R Monthly pivot PA trading!

  • #61
  • May 27, 2018 5:35pm May 27, 2018 5:35pm
[quote=Coffeebuff;11104650]Hi Brian, well done, subscribed, currently doing all the down loads and getting a template together, the ZUPp replaces ???[/quote

Welcome the the thread!!!

The ZUPp 148 is my harmonics indi. There just wasn't enough room for it on the first post
Happy Hunting!!!
  • #62
  • May 27, 2018 5:41pm May 27, 2018 5:41pm
For those that are not clear on what is the strategy here. When price falls into support we will be looking to go long based on price action (PA) and currency strength (CSM). And the same applies for when the price rises into resistance we will short based on PA and CSM. Now these trades can last a few day or a couple weeks (like I said in the first post). This is not a scalp or day trade. These will be swing trades
Happy Hunting!!!
  • #63
  • May 27, 2018 6:23pm May 27, 2018 6:23pm
Quoting BrianRay
For those that are not clear on what is the strategy here. When price falls into support we will be looking to go long based on price action (PA) and currency strength (CSM). And the same applies for when the price rises into resistance we will short based on PA and CSM. Now these trades can last a few day or a couple weeks (like I said in the first post). This is not a scalp or day trade. These will be swing trades
I am a swing trading using fibs and harmonics. Could you elaborate on "based on PA when price fall or rise to a resistance or support. I am following your thread.

Regards
  • #64
  • May 27, 2018 6:53pm May 27, 2018 6:53pm
Quoting yawdanso
{quote} I am a swing trading using fibs and harmonics. Could you elaborate on "based on PA when price fall or rise to a resistance or support. I am following your thread. Regards

Last week price came down into area of Support and bounced with conviction (PA) with the CSM confirming the strength of the move. And i expect it to continue toward the MP area
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bandicam 2018-05-27 19-49-51-472.jpg Size: 560 KB
Click to Enlarge Name: bandicam 2018-05-27 19-51-09-033.jpg Size: 557 KB
Happy Hunting!!!
  • #65
  • May 27, 2018 8:03pm May 27, 2018 8:03pm
USDJPY H4 CHART
Attached Image (click to enlarge)
Click to Enlarge Name: uj h4.PNG Size: 47 KB
Self discipline It is a practice
  • #66
  • May 27, 2018 8:09pm May 27, 2018 8:09pm
Quoting BrianRay
AUD is starting to show weakness against NZD!!! Will watch this close!! Happy Hunting!!! {image} {image}
i join your party late (just in) AUDNZD
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.PNG Size: 46 KB
Self discipline It is a practice
  • #67
  • May 27, 2018 8:33pm May 27, 2018 8:33pm
Quoting okshop
USDJPY H4 CHART {image}
UJ UPDATE
Attached Image (click to enlarge)
Click to Enlarge Name: uj be.PNG Size: 16 KB
Self discipline It is a practice
  • #68
  • May 27, 2018 9:03pm May 27, 2018 9:03pm
UJ should easily see MP!!! I do expect it to continue its fall much lower though..

Happy Hunting!!!
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2018-05-27 22-01-49-606.jpg Size: 563 KB
Happy Hunting!!!
  • #69
  • May 27, 2018 9:15pm May 27, 2018 9:15pm
Quoting BrianRay
{quote} Last week price came down into area of Support and bounced with conviction (PA) with the CSM confirming the strength of the move. And i expect it to continue toward the MP area {image} {image}

I understand the TDI But I cannot get my head around these two Currency Strength Meter and the second IS ARSI. Initially the CMS was showing CHF was very strong on the Daily Weekly Monthly as seen on this image.
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2018-05-27 10-00-36-485.jpg Size: 422 KB


But now the CSM is showing different on all three ( Daily Weekly Monthly)
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADDaily.jpg Size: 902 KB
. If you could elaborate on this I think it will help most people including myself. Thank you.
  • #70
  • May 27, 2018 9:48pm May 27, 2018 9:48pm
Quoting yawdanso
{quote} I understand the TDI But I cannot get my head around these two Currency Strength Meter and the second IS ARSI. Initially the CMS was showing CHF was very strong on the Daily Weekly Monthly as seen on this image. {image} But now the CSM is showing different on all three ( Daily Weekly Monthly) {image}. If you could elaborate on this I think it will help most people including myself. Thank you.

You have pulled up NZD CAD chart so what youre seeing now is the CSM strength for NZD against all pairs which as you can see is heavily stronger
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2018-05-27 22-45-25-349.jpg Size: 387 KB
Happy Hunting!!!
  • #72
  • May 27, 2018 9:51pm May 27, 2018 9:51pm
Quoting Davit
{quote} Currency meters are basically measured by moving averages.Its kind of deceptive why I don't use it. Currency can be weak but be at strong support level and very strong but be overextended like USD Its important to recognize that each indicator adds variable and there is a danger when too many becomes crippling instead of helping. Think about this if trading was simple by simply trading currency strength then I am sure market makers already would of had robots trading it instead of paying top talent to program robots. Its not that simple....

Davit be the better person a quit while your ahead.
Happy Hunting!!!
  • #73
  • May 27, 2018 10:08pm May 27, 2018 10:08pm
Quoting BrianRay
{quote} You have pulled up NZD CAD chart so what youre seeing now is the CSM strength for NZD against all pairs which as you can see is heavily stronger {image}
Hey Brian,
I quoted your indicator on another thread that i started. Hope you do not mind. Please let me know and i can edit / remove my post. Thanks.

https://www.forexfactory.com/showthr...7#post11105017
  • #74
  • May 27, 2018 10:11pm May 27, 2018 10:11pm
Brian, I like your new thread and hoping to contribute slowly. However, I really think Davit is just trying to be helpful with his feedback. I hope we can be open to differing views and perspectives that are stated in a respectful manner. In the end I think it helps everyone.

Thanks again for sharing your awesome system and templates, looking forward to following closely.
  • #75
  • May 27, 2018 10:11pm May 27, 2018 10:11pm
Quoting FundmntlTrde
{quote} Hey Brian, I quoted your indicator on another thread that i started. Hope you do not mind. Please let me know and i can edit / remove my post. Thanks. https://www.forexfactory.com/showthr...7#post11105017

Don't mind at all!!!
Happy Hunting!!!
  • #76
  • May 27, 2018 10:12pm May 27, 2018 10:12pm
Quoting BrianRay
{quote} Don't mind at all!!!
Thanks, Brian.
  • #77
  • May 27, 2018 10:38pm May 27, 2018 10:38pm
Quoting BrianRay
{quote} Now if that was me i would be waiting for more move to the upside. TDI is still pretty oversold. And price is at support. I would be looking to be long!! {image}

thank,Brian
  • #78
  • May 28, 2018 1:48am May 28, 2018 1:48am
Quoting BrianRay
{quote} You have pulled up NZD CAD chart so what youre seeing now is the CSM strength for NZD against all pairs which as you can see is heavily stronger {image}
Hi BrianRay, can you elaborate more on second indicator 1S ARSI? what is the purpose for IS ARSI? Thanks for your sharing!
  • #79
  • May 28, 2018 2:06am May 28, 2018 2:06am
Quoting BrianRay
{quote} You have pulled up NZD CAD chart so what youre seeing now is the CSM strength for NZD against all pairs which as you can see is heavily stronger {image}

Hello Brian,

I hope you don't get frustrated about my questions. All am trying to do is understand so I can use them to help better my trades. So I have attached an image od USDCHF.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH4.png Size: 36 KB


If we can get an explanation to them it will be helpful. Because I can see the Daily Weekly Monthly CSM are all the same which is strange. Are they not suppose to be different?

Regards
  • #80
  • Edited 7:13am May 28, 2018 4:35am | Edited 7:13am
LOL. Davit GTFO from hijacking pther people’s systems and threads hypocrite. One small question or suggestion and you are quick to remove anyone from your thread to show your sheep how GODLY you are. And then you try doing the same on other peoples threads?

Quoting Davit
{quote} Currency meters are basically measured by moving averages.Its kind of deceptive why I don't use it. Currency can be weak but be at strong support level and very strong but be overextended like USD Its important to recognize that each indicator adds variable and there is a danger when too many becomes crippling instead of helping. Think about this if trading was simple by simply trading currency strength then I am sure market makers already would of had robots trading it instead of paying top talent to program robots. Its not that simple....
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