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Murrey Math indicator is very useful in Forex 67 replies

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Attachments: Murrey Math and Quantum Method
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Murrey Math and Quantum Method

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Hi
That stuff you ponted me to is way over my head
Me I am just a simple guy
Quoting OAPDave
{image} Hi That stuff you ponted me to is way over my head Me I am just a simple guy
intresting and observing will upload my trades from monday
Quoting playb3ck
{quote} intresting and observing will upload my trades from monday
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today taked 4 trades guys let me know your opinion
first trade was based 1/8 rejection and i entered but it was lost on uj

second on uchf from 7/8 it gone to 5/8 so i was expecting from 6/8 to reject at last to 5/8 but it failed still usd was strong

third it was pretty good trade on eurjpy fakeout but failed and got stopped out even it taked its high

fourth it was also jpy fakeout but gj which i shorted double lot and recovered all loss
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj 1^8 rejection enter london before.png Size: 23 KB
Click to Enlarge Name: uchf 7^8 to 5^8 short 6^8 before.png Size: 18 KB
Click to Enlarge Name: ej 8^8 to 6^8 short from 7^8 london before.png Size: 21 KB
Click to Enlarge Name: gj 8^8 to 6^8 short from 7^8 london before.png Size: 25 KB
Quoting OAPDave
{quote} My way and numbers ? {image} {image} {image} {image}
uj uch 64 240

ej gj 64 60
Quoting OAPDave
{quote} I use my own NUMBERS {image}
nice one whats your opinion for my trades? also will observe these week on my settings and will upload trades for these week lets see how it will goes
Quoting OAPDave
{quote} Hi Its hard for me to comment as you trade as per the video I have taught myself by many hrs of chart watching So I have no real idea if I trade in the correct Murrey way To me there are many ways to trade Murrey and make pips Your eyes and account will tell you if you have found one I still think that you should look at Bigger Timeframs before you drop down to 5mins Not being rude but you asked me how I trade I have showed you and will continue to if you want Again not being rude I have no interest how you or anyone else, Good or Bad trades...
thanks dave your anwer really intresting please upload your trades and i will observe, i am also on demo and i want to see first what i can do with kind of that usage of murrey, yes everyone can use differently but our main goal is to make some pips and grow the account and these forum is to help each other to see different vision of the way , trading, so why not if it will grow us and will improve us.
Quoting OAPDave
{quote} Not sure I will show you my actual trades as that will stop you working to make the method yours Your asked me for my Indicators I posted them You asked what setting I use I told and showed you as yet I have not seen a post that resembles anything like my charts yet from you Sorry but been down this road too many times in the past and ended up wasting my time ps How would you have traded this one today ? {image}
got it thanks. i will observe my way of setting and trading as in video, yes i am using as video, but would be great if you share how you entering and why , maybe i will find something intresting ,or do like you, but for these week let me do how i am doing and see myself the results how it will really goes
Quoting playb3ck
{quote} got it thanks. i will observe my way of setting and trading as in video, yes i am using as video, but would be great if you share how you entering and why , maybe i will find something intresting ,or do like you, but for these week let me do how i am doing and see myself the results how it will really goes
That's good
You are making an effort
you will get there I am sure
today taked 2 trade

first gbpaud

second usdchf

itaked first due there was 64/240m 2 blocks down 1 block up so i entered there but failed was expecting down

second it was 64/60 which itaked 2 block down 1 up and entered there was also level on higher timeframe covered first loss
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ga 7^8 to 4^8 short from 6^8 with before.png Size: 22 KB
Click to Enlarge Name: ga 7^8 to 4^8 short from 6^8 with after.png Size: 21 KB
Click to Enlarge Name: uchf 8^8 to 6^8 short 7^8 before.png Size: 18 KB
Click to Enlarge Name: uchf 8^8 to 6^8 short 7^8 after.png Size: 18 KB
Quoting OAPDave
{quote} Have you tried your 2/1 1/2 method on different Timeframes to see if one is better than another Tbh I know what and why you are looking at that method but I do think there are better ones ps Which levels would carry the most interest {image} {image}
i didnot get your numbers 1/2 2/1 u mean 1/8 and 2/8?
Quoting OAPDave
{quote} Sorry Meant your 2 blocks up 1 block down etc
actually it can be 3u 1 d or 3d 1u i am still observing from which level it will reject and so on

so i have on 5 min 3 profiles on 16 pairs

first i am checking 64 60

then i am checking on 64 240

third i am checking on 64 1440

i am using one timeframe , but for 240 and 1440 i need htf reversal to enter due its big tf levels
with 60 i am just using 5 min entry directly when it will go on level or 50% of level
Quoting OAPDave
{quote} That should give you some really good data When it comes to real trading not sure how you are going to filter the best pair to actually trade through I like to go for the pairs that fit in with UK time and have a decent Daily Range
lets see how it will goes and what results i will get after 20 days ( demo account will be deleted) atumatically
so until that time i maked like funded account demo
using these kind of strategy and will observe
at last if i have 60% winrate and 1:2 or 1:3 rr i will go in profits and it will be nice till now i am going up

but lets see about process, hope people will join us and share his experience
Quoting playb3ck
{quote} lets see how it will goes and what results i will get after 20 days ( demo account will be deleted) atumatically so until that time i maked like funded account demo using these kind of strategy and will observe at last if i have 60% winrate and 1:2 or 1:3 rr i will go in profits and it will be nice till now i am going up but lets see about process, hope people will join us and share his experience
Hi
Just to let you know
Meaning that you are trading like the video in post 1
I delete my posts after you have seen them, as I am not
So to not to confuse anyone following I delete mine
Quoting OAPDave
{quote} Hi Just to let you know Meaning that you are trading like the video in post 1 I delete my posts after you have seen them, as I am not So to not to confuse anyone following I delete mine
hi again
taked 2 trade today first i didnot pictured it was half in profit but these pure lost

there was 2 block down nicely and 1 block up there was also level which would reject and there was not news actually
these trade was good but failed and its okey

i wanna ask you how much Risk Reward ratio you have? for mine as i see on these way
(classical way) 1:2 or 1:3
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Click to Enlarge Name: ej 7^8 to 5^8 short from 6^8 after.png Size: 17 KB
Quoting OAPDave
With the standard Fib Tool, modified {image} {image} {image}
its not so much levels that you get confusing?

i asked you about rr whats normally your rr and whats your opinion about 1:2 or 1;3
Quoting OAPDave
{quote} Tbh Not sure what you want me to say The bigger the time frame the bigger the risk needed but the rewards if correct are good Would not trade 5min charts with your method if you gave me the money I mostly trade off the Daily even if I scalp Lot size and risk reward depends on each guys tolerance and timeframe they trade I am puzzled You do not trade my way so what use would those details be to you No idea why you really contacted me to be honest Bye and good luck
due you have more experience thats why i asked you about your opinion. yes there is different methods and mm but from your experience i wanted to know
thanks.
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gchf sell limit lets see
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hello today i had 2 limit first is cadhf which i had short limit it touched but due spread its didnot turn on...

second gbpjpy which just fly away and didnot tested my buy limit
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