Beautiful my friend, using it with QQE and fibs, it's my own holy grail
took the wave down yesterday, then wave up today, and now wave down again. Momentum
Auslanco - GBP/JPY and GBP/USD (newstrade)
It's awesome isnt it?? the best trading tool I have ever come across.
- #41,183
- Oct 17, 2007 1:06pm Oct 17, 2007 1:06pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Beautiful my friend, using it with QQE and fibs, it's my own holy grail
took the wave down yesterday, then wave up today, and now wave down again. Momentum
- #41,184
- Oct 17, 2007 1:07pm Oct 17, 2007 1:07pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #41,186
- Oct 17, 2007 1:08pm Oct 17, 2007 1:08pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
try to get hold of 8hr charts.. you get the momentum of 1 whole session on just 1 candle. You can predict the market like Soros. GFT and E signal offers 8hr charts
Trade what you see, not what you think.
- #41,188
- Oct 17, 2007 1:13pm Oct 17, 2007 1:13pm
try to get hold of 8hr charts.. you get the momentum of 1 whole session on just 1 candle. You can predict the market like Soros. GFT and E signal offers 8hr charts
- #41,190
- Oct 17, 2007 1:16pm Oct 17, 2007 1:16pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Yes, fxmanager's trades are not visible on Client side.
Oanda suggest to first clear the java consol (from settings>control panel>java). And if still not able to see after rebooting. Copy past the Debug information (from Help) and email to [email protected]
Thanks bro.
Just to inform I got a short trade from 237.24. Target is 236 possibly 235.30 .
P,S thanks for the wakie call my friend
- #41,191
- Oct 17, 2007 1:17pm Oct 17, 2007 1:17pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
I feel that GJ is moving in an uptrend channel and that the down movement was just to test the lower side b4 shooting up until 239.1which a very strong resistance, then it will free fall...
Attachment
- #41,192
- Oct 17, 2007 1:17pm Oct 17, 2007 1:17pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Indeed momentum is a fantastic indicator, thanks to you otherwise I would of never used it
I have not yet managed to utilise this indicator to my advantage. Generally it is always refered to the fact that all indicators are lagging, so are you saying that this one is the exception in that it can be used to reliably predict movements?
Now in terms of using it, do I simply check it when a new candle (e.g. 4h) opens and it will give me the most likely direction of the pair over the next 4h period? Or is there a lot more to it? If yes, please remind me where I can read up on that.
Many thanks guys!
Consistency and patience is everything
- #41,198
- Oct 17, 2007 1:25pm Oct 17, 2007 1:25pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Thanks bro.
Just to inform I got a short trade from 237.24. Target is 236 possibly 235.30 .
P,S thanks for the wakie call my friend
Hey Aus, are you in Bali yet? Don't forget to visit its hand crafting small industrial shops, do rush river rafting, scuba diving, and of course all kinds of its authentic foods, horse riding into deep of Bali villages, etc ..
Send us something from there http://www.forexfactory.com/images/icons/icon10.gif
- #41,199
- Oct 17, 2007 1:27pm Oct 17, 2007 1:27pm
Hi Aus & Karmo
I have not yet managed to utilise this indicator to my advantage. Generally it is always refered to the fact that all indicators are lagging, so are you saying that this one is the exception in that it can be used to reliably predict movements?
Now in terms of using it, do I simply check it when a new candle (e.g. 4h) opens and it will give me the most likely direction of the pair over the next 4h period? Or is there a lot more to it? If yes, please remind me where I can read up on that.
Many thanks guys!
yea can someone please point us in the direction in order to find out how to use this momentum indicator!!!...I would greatly apprecciate it
- #41,200
- Oct 17, 2007 1:28pm Oct 17, 2007 1:28pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.