Trading using Murray Maths and Price Action | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Maths question and MT4 compiler/tester issue? 25 replies

Murray maths indicator question 2 replies

Do i need to be a maths genius? 12 replies

How important is a knowledge of maths? 96 replies

Stupid maths 19 replies

Attachments: Trading using Murray Maths and Price Action
Exit Attachments

Trading using Murray Maths and Price Action

  • #341
  • Mar 30, 2009 9:33pm Mar 30, 2009 9:33pm
Quoting Blue bottle
Hi Karthik,

Can i join ur thread as well?

I'm an Indian too, but living in singapore..

Into the forex market for last 3 years, trading last 2 year with my live a/c.
Trading is my part time too like most of you guys.


Hope to learn fx well with u guys help..


Happy trading all..
Hi Blue Bottle,

I am in Singapore as well, nice to know you.
  • #342
  • Edited 10:43pm Mar 30, 2009 9:49pm | Edited 10:43pm
Quoting ns_karthik
another 12 pips gleefully taken in this crazy market....
Good timing for easy pips ,early in the morning ,my time though.

Just take a short after this movement up in EU , tp 1.3622 from below 6/8MM in 15Mtf .
fontu


There seems a very good movement Up before it fall at least half from the peak today. Daily trend down but H4 trend is UP & now bounce from the bottom & so feeling this H4 to complete first .Price now above 4/8MM in H4 tf of 1.3266 and can go as high as 8/8MM 1.3670 better say safely to 7/8MM 1.3550 or 1.3585.

Tf M15,30,H1 all in down channel right now but breaking at the top for all & M1,5 already in UP channel/trend.

all other pairs may act as per . Anyway there are suspicion.

What others say?
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #343
  • Mar 30, 2009 10:56pm Mar 30, 2009 10:56pm
i guess fundamental is still the best guidance for gbp/jpy..

it hitted my TP @ 140.63..

there's a chance that it'll go up again..
GreedIsGood?
  • #344
  • Mar 30, 2009 11:15pm Mar 30, 2009 11:15pm
i still cannot believe this up move....somethings gotta give...naah...just let me stop cribbing and just trade the price...
  • #345
  • Mar 30, 2009 11:15pm Mar 30, 2009 11:15pm
hope no one takes what i said as a guide..pls dont..what i said was what i felt and it can be neglected right away...
GreedIsGood?
  • #346
  • Mar 30, 2009 11:20pm Mar 30, 2009 11:20pm
Quoting ns_karthik
i still cannot believe this up move....somethings gotta give...naah...just let me stop cribbing and just trade the price...
Has anyone taken a trade around the GJ around the 140.63? I went in long on the retrace but may have hopped in too soon...
  • #347
  • Mar 30, 2009 11:25pm Mar 30, 2009 11:25pm
watch out ppl..its the peak hours for tokyo...
GreedIsGood?
  • #348
  • Mar 30, 2009 11:25pm Mar 30, 2009 11:25pm
its time for shorts guys...i guess this is the breakdown we were looking for....price broke thru the resistance and went up...fake move to suck in more longs...now price is breaking down....

i could be wrong...time will tell...
  • #349
  • Mar 30, 2009 11:28pm Mar 30, 2009 11:28pm
any move into 130s for EJ and 140.6 for GJ, i would be looking to short...risky but worth the risk i guess...
  • #350
  • Mar 30, 2009 11:45pm Mar 30, 2009 11:45pm
LONG ON gu FROM 1.4300 AS IT HAS NOT BROKEN its support at 1.4282 for the past 3 hrs....low risk with SL only abt 30 pips....waiting...
  • #351
  • Mar 30, 2009 11:59pm Mar 30, 2009 11:59pm
I went long on G/U at 1.4200. Probably will put a TP at 1.4282. Trying to reach 1.4343 & then after that 1.4374. Will be happy to reach 1.4343.
  • #352
  • Mar 31, 2009 12:03am Mar 31, 2009 12:03am
Quoting ferndog
I went long on G/U at 1.4200. Probably will put a TP at 1.4282. Trying to reach 1.4343 & then after that 1.4374. Will be happy to reach 1.4343.
cool maan...good work !!
  • #353
  • Mar 31, 2009 12:08am Mar 31, 2009 12:08am
Quoting ferndog
I went long on G/U at 1.4200. Probably will put a TP at 1.4282. Trying to reach 1.4343 & then after that 1.4374. Will be happy to reach 1.4343.

the only problem with this trade is that GU has not run away from 1.4282 either...while all other pairs are running up very quickly...
  • #354
  • Mar 31, 2009 12:09am Mar 31, 2009 12:09am
nikkei is falling as well...now dont tell me that even after this, GJ is going to go up?? !!
  • #355
  • Mar 31, 2009 12:14am Mar 31, 2009 12:14am
the previous CS @ 1H TF from gbp/jpy is a hammer. so..this suggests?
GreedIsGood?
  • #356
  • Mar 31, 2009 12:16am Mar 31, 2009 12:16am
Quoting shahru98
the previous CS @ 1H TF from gbp/jpy is a hammer. so..this suggests?
can u post a chart ??
  • #357
  • Mar 31, 2009 12:20am Mar 31, 2009 12:20am
sorry bro..i dont know how...lol

well it was a hanging man, my bad. usually, a hanging man cs suggests a bearish future..
GreedIsGood?
  • #358
  • Edited 12:40am Mar 31, 2009 12:21am | Edited 12:40am
I'm start using murrey math this month, From my point of view murrey math is consistently in 1F 4F Daily or higher timeframe. If lower timeframe MM always move often if S/R broken. So when I use with 1H I will looking for 4H also. I think MM is the best Indicator for Forex. I will follow your tread to practise my skill with MM and learning price action. Thank you very much.
  • #359
  • Mar 31, 2009 12:26am Mar 31, 2009 12:26am
Quoting ns_karthik
the only problem with this trade is that GU has not run away from 1.4282 either...while all other pairs are running up very quickly...
Exactly because that G/J runs easily up & down 500 pips.
  • #360
  • Mar 31, 2009 12:36am Mar 31, 2009 12:36am
Quoting shahru98
sorry bro..i dont know how...lol

well it was a hanging man, my bad. usually, a hanging man cs suggests a bearish future..

lol...lets wait and see....
3 traders viewing now