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  • #4,441
  • Mar 17, 2025 2:12pm Mar 17, 2025 2:12pm
17.03.2025

Ok, I am looking at the following AUD/NZD is located between 0/8 and -1/8 and hoping it would go lower and see some price reaction around -1/8 since it would also be a double bottom.
Also on a weekly chart I see that it's looking like a trendline that is about confirmed by the third test.
Will see it tomorrow how the price action unfolds

What I feel it is important for me is also to find screen equilibrum, not spending all that watching the charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audnzd-d1-ftmo-global-markets.png Size: 19 KB
Click to Enlarge Name: audnzd-w1-ftmo-global-markets.png Size: 14 KB
Forex - It's finger lickin' good
  • #4,442
  • Mar 17, 2025 2:27pm Mar 17, 2025 2:27pm
Quoting pipsandkfc
1. Appreciation to the thread creator Masterrmind if you're still reading this please know that you have my greatest appreciation your thread was the jumpstart to my trading skills. Your teachings were clear and effective and I consider you my forex trading mentor. 2. Who I am I was a follower of the Masterrmind's style and it got me to understanding the markets and being profitable for a period of time. Due to personal reasons I stopped trading, but it is important to mention that I didn't get stopped out by the trades I did To sum it up:...
Good Luck
  • #4,443
  • Mar 17, 2025 2:29pm Mar 17, 2025 2:29pm
Quoting OAPDave
{quote} Good Luck
Thank you very much, it will be a personal development journey as well, I really look forward to it.
Forex - It's finger lickin' good
  • #4,444
  • Mar 17, 2025 2:33pm Mar 17, 2025 2:33pm
AUD/USD also on lookout but I think it's still a lot of upmovement left maybe around 0.6513 where it would confluence between AB=CD and the congestion area on the left. I think it will go beyond MML +2/8
The price action in that area would be interesting.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-d1-ftmo-global-markets.png Size: 20 KB
Forex - It's finger lickin' good
  • #4,445
  • Mar 17, 2025 2:48pm Mar 17, 2025 2:48pm
Quoting pipsandkfc
AUD/USD also on lookout but I think it's still a lot of upmovement left maybe around 0.6513 where it would confluence between AB=CD and the congestion area on the left. I think it will go beyond MML +2/8 The price action in that area would be interesting. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDailya.png Size: 28 KB
  • #4,446
  • Mar 17, 2025 3:51pm Mar 17, 2025 3:51pm
Quoting OAPDave
{quote} {image}
Thank you for the input, it seems my MML are way different than yours although web are both on daily.
I will have to check it in a few hours to get it right.
Forex - It's finger lickin' good
  • #4,447
  • Mar 17, 2025 4:01pm Mar 17, 2025 4:01pm
Quoting pipsandkfc
{quote} Thank you for the input, it seems my MML are way different than yours although web are both on daily. I will have to check it in a few hours to get it right.
No the one i have shown is a fixed Quarter one
you are using a MML 64 here would be my 64 128 256
do not get fixated on 64 use
all of Murreys Numbers for a view
4 8 16 32 64 128 256 512 etc
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDDailyb.png Size: 33 KB
Click to Enlarge Name: AUDUSDDailyd.png Size: 35 KB
Click to Enlarge Name: AUDUSDDailyc.png Size: 35 KB
  • #4,448
  • Mar 17, 2025 4:25pm Mar 17, 2025 4:25pm
Quoting OAPDave
{quote} No the one i have shown is a fixed Quarter one you are using a MML 64 here would be my 64 128 256 do not get fixated on 64 use all of Murreys Numbers for a view 4 8 16 32 64 128 256 512 etc {image} {image} {image}
How would I switch between them, meaning when I should do it? What would be the trigger?
Forex - It's finger lickin' good
  • #4,449
  • Mar 17, 2025 4:54pm Mar 17, 2025 4:54pm
It depends on how much date you want to work with
3 months 64
6 months 128
12 months 256

Example 4 days

ps
It will reset itself dependent on the Octave H/L
you may find 4 to quick to trade and 64 to slow
It depends on the Volatility or the speed of the Trend
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily4.png Size: 21 KB
  • #4,450
  • Mar 18, 2025 12:54am Mar 18, 2025 12:54am
Quoting OAPDave
It depends on how much date you want to work with 3 months 64 6 months 128 12 months 256 Example 4 days ps It will reset itself dependent on the Octave H/L you may find 4 to quick to trade and 64 to slow It depends on the Volatility or the speed of the Trend {image}
Thank you for the input so I have to make the octaves fit the price action.
I have to document myself on speed of the trend and volatility.
Forex - It's finger lickin' good
  • #4,451
  • Mar 18, 2025 2:48am Mar 18, 2025 2:48am
Quoting pipsandkfc
{quote} Thank you for the input so I have to make the octaves fit the price action. I have to document myself on speed of the trend and volatility.
Stay with your MML 64 chart
but
Make another Chart
of 1 mim with a MML of 1440
which is minutes in a day
and watch how the Octaves reset themselves
  • #4,452
  • Mar 18, 2025 4:18am Mar 18, 2025 4:18am
Quoting OAPDave
{quote} Stay with your MML 64 chart but Make another Chart of 1 mim with a MML of 1440 which is minutes in a day and watch how the Octaves reset themselves
This could prove to be grounds for intraday trading.
Forex - It's finger lickin' good
  • #4,453
  • Mar 18, 2025 4:59am Mar 18, 2025 4:59am
Quoting pipsandkfc
{quote} This could prove to be grounds for intraday trading.
Take a look at your preferred Daily Chart
with a MML of
256 128 64 32
or even
64 32 16 8
  • #4,454
  • Mar 18, 2025 3:41pm Mar 18, 2025 3:41pm
CHF/JPY

I am looking for a buy but waiting for a retracement in the 168.75 area and some price reaction close to it
I think the trend has changed and it will go up now, just waiting a new.
I haven't got a good knowledge of profit points but I expect to be something around 173.00
I plan on entering one position for a period of time then to scale up like Masterrmind has thought, adding to profits.
I will develop more my analysis in the near future, quite time troubled in the moment. I need to do this for my discipline.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpy-d1-ftmo-global-markets.png Size: 18 KB
Forex - It's finger lickin' good
  • #4,455
  • Mar 18, 2025 3:52pm Mar 18, 2025 3:52pm
AUD/NZD

Established myself a long position in here although to be honest I expect downtrend to still continue a little more, I expect to go to 1,09 or a little under it and then have a rebound to around 1,0980.

Reasons to enter long that are not so solid in the moment even in my opinion:

AB=CD move finished around todays daily low and there was a reaction that was small to be honest
Structure in the left around 1,09
-2/8 Octave location
Take profit around 1,0980 that is between 50 - 61.8 fib retracement of the current downmove
Position is small so I can add more if I see some positive reaction in the down movement
Swap long is negative but smaller compared to swap short


*I didn't enter a definitive stop loss just a preventive one for flash moves
*I will do my best to implement fundamental analysis in the near future, now I don't even have time to check the news


SHORT TERM GOALS:

Read more about finding trend direction
Get the courage to keep trades and have clear stop losses and take profits in my mind. Now I am kind of loose on these, but I need to establish discipline on this.
However, for the moment it's important to start pulling the trigger and getting slowly in the rhytm.
Anyways, this road is a life long process, it never stops the learning, the failing and the stress
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audnzd-h1-ftmo-global-markets.png Size: 13 KB
Click to Enlarge Name: audnzd-d1-ftmo-global-markets.png Size: 20 KB
Forex - It's finger lickin' good
  • #4,456
  • Mar 18, 2025 3:56pm Mar 18, 2025 3:56pm
I hope in the end of the week to have time to do a full time analysis of all the pairs available in my trading account, then add to the quality of analysis.
As always please bear that these are just my analysis and I am not saying I'm good at it...
Forex - It's finger lickin' good
  • #4,457
  • Mar 18, 2025 5:17pm Mar 18, 2025 5:17pm
I will leave it with you
Keep at it and you will get there
  • #4,458
  • Mar 18, 2025 6:35pm Mar 18, 2025 6:35pm
Quoting pipsandkfc
1. Appreciation to the thread creator Masterrmind if you're still reading this please know that you have my greatest appreciation your thread was the jumpstart to my trading skills. Your teachings were clear and effective and I consider you my forex trading mentor. 2. Who I am I was a follower of the Masterrmind's style and it got me to understanding the markets and being profitable for a period of time. Due to personal reasons I stopped trading, but it is important to mention that I didn't get stopped out by the trades I did To sum it up:...
just so you know, MML is based on original GANN NPL(Natural Price Levels), the problem is MML show a portion(1/8th) of the full NPL, when it break extremes it show other levels and thats sometime confusing for some traders they think it repainting but it's not, it just show only the current 1/8th of the original NPL.

using the original GANN NPL will always let you know what 1/8th you are in without changing, they are fixed levels.

GJ with GANN NPL and showing MML(64) current 1/8th

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter 5656.png Size: 28 KB


cheers,
"the public is not yet ready for it" W.D. GANN
  • #4,459
  • Mar 18, 2025 11:44pm Mar 18, 2025 11:44pm
Quoting Kwt4x
{quote} just so you know, MML is based on original GANN NPL(Natural Price Levels), the problem is MML show a portion(1/8th) of the full NPL, when it break extremes it show other levels and thats sometime confusing for some traders they think it repainting but it's not, it just show only the current 1/8th of the original NPL. using the original GANN NPL will always let you know what 1/8th you are in without changing, they are fixed levels. GJ with GANN NPL and showing MML(64) current 1/8th {image} cheers,
Thank you for the input. I know it is based on gann but I am not aware of a GANN NPL indicator.if You could share such an inidcator it would be great.
I know mml repaint, i even had that happen to me in the past but it was ok.
Long road ahead, learning related i mean.
Forex - It's finger lickin' good
  • #4,460
  • Mar 18, 2025 11:52pm Mar 18, 2025 11:52pm
Quoting OAPDave
I will leave it with you Keep at it and you will get there
Thank you for the wishes
Forex - It's finger lickin' good
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