the key to the mint

we can do either a conference chat or text if you dont have skype its a free download

Hmmm - What about MSN?

There is chatroom, but I do not very much about it. Maybe someone could look into it.

theres a chat room on skype? let me see

Ya know, this kinda reminds me of the time I was searching for gold ore in the subterranian vampire bat caves of Eastern Peru!!

I just got a message thet the Trading Room Servers were shuting down, maby they are rebooting and all will be well. Will try to log in again in a few minutes.

Me too, Joel, only I was looking for diamonds!

jht

trading room working now

It is working now, am logged in.

Eureka!! Trading rooms seems to be up and running.

Thanks for your help.

jht


quote=cchad3;1935943]I just got a message thet the Trading Room Servers were shuting down, maby they are rebooting and all will be well. Will try to log in again in a few minutes.[/quote]

harold, sorry,I must be braindead tonight. I meant to thank you for the pivot indicator you gave us in the "room" and I completely spaced it out. Anyway, thank you, it seems to be a good indicator. Have a great weekend. Bob

Ok here is the indicator for those who missed it

Its nothing magic just a guide of potential support and resistence points - Harold may want to elaborate on this.

to add to mt4:

Go to My Computer - Hardrive - Program Files - Find your mt4 broker folder mines Interbank - go to experts - indicators - and paste it in there..

Close your mt4 platform if its open and then re open it - it should be in indicators -custom indicators

Or of course you can save it straight into the indicators folder to begin with

Mr C

OOOOOOOOOOOOh............. so that was You........!!!

Hey Cindy,

Cheers for uploading the indicator, i wasnt in the room at the time Harold gave it to everyone, so its much appreciated.. Do you think you could possibly give me a brief summary of exactly what its used for? any comments would be great.

cheers

Jords

Hey Jords

It's just another piece of information for us to use. It's basically just shows potential points of support and resistance that we can keep an eye on - Just like if you see a 123 set up with a bounce at point 3 off the 200 ma the same thinking can be applied to the pivot points...

As I said it's not some magical tool but just another piece of information for us to use when making a decision about a potential trade.

Hope this helps
Mr C

Hi Guys

Heres two points I want to clear up or with your help.
First, on the Daily Chart to know if its a uptrend or downtrend
the 200ema if lets say, that its pointing down and 5&8 ema's are crossed down and RSI is below 50 then you have a strong downtrend,
.But lets say the 200ema is downtrend and the 5 & 8ema's are now crossed up and RSI is crossed above the 50 line, do you then call this an uptrend for that day on the 15min chart looking for a 123 setup going up?

Second point I want to be clear on if a 123 setup is form before london session, and for lets say the #2 swing low or #2 swing high are going to be clear.Do you go in on the trade knowing that london is still close or wait for london to open to trade?
Do you have a rule of the window of times to trade 123 setup?

Harold can you explain this or anybody also.
I have been trading the forex for a while.

Thanks

Thx Harold, now only i know 123 can be taken during trend and need not to be at the trend reversal,by looking other stuffs like 60ema,50%fb and trendline.

The Answer To Your Question Is Simple We Look For The 5 And 8 Crossed And The Rsi Crossed Above 50 In Same Direction You Can Start Looking For 123 At 00 Gmt Time And Stop At 1500 Gmt

Anyone please clear me, this may be answered several times, excuses for that. I think now we take trade in 15 min in the direction of daily trend. Daily trend is determined by ems cross and rsi.

In the 15 min trade, is 60ema and 200 ema has any role on taking trade?. Let say, daily trend is long, there is a perfect 123 setup at low, but everything is below 60 ema and 200 ema, do we still take this trade?. If yes, then how we use 60ema and 200 ema?

The 60 And 200 Ema As Well As Pivot Points And Trendlines And Fib Levels Are Just Areas Of Support And Resistence To Take 123'S Off Of Thats All No Other Purpose But That Here Are A Couple Of Charts Showing You This