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Trading using Murray Maths and Price Action

  • #541
  • Apr 1, 2009 6:58am Apr 1, 2009 6:58am
Quoting ns_karthik
Gu broke its resistance at 1.4404....the daily pin bar working just fine...
Hi Karthik, do you take into consideration the daily pivot before taking trades or just focus on the MM lines.
Keep up the good work.
Thanks
  • #542
  • Apr 1, 2009 7:10am Apr 1, 2009 7:10am
Long USDCAD @ 1.2632
Short Euro @ 1.3275

already changed SL to B/E
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #543
  • Apr 1, 2009 7:15am Apr 1, 2009 7:15am
Quoting ataviano
Hi Karthik, do you take into consideration the daily pivot before taking trades or just focus on the MM lines.
Keep up the good work.
Thanks

i just focus on the MM lines...daily pivot is just another SR line...if u r comfortable with that, you could use that as well..
  • #544
  • Apr 1, 2009 7:16am Apr 1, 2009 7:16am
Quoting sivaji
Long USDCAD @ 1.2632
Short Euro @ 1.3275

already changed SL to B/E

cool maan....
  • #545
  • Apr 1, 2009 7:19am Apr 1, 2009 7:19am
Quoting sivaji
Long USDCAD @ 1.2632
Short Euro @ 1.3275

already changed SL to B/E

longing usdcad was a good move considering the hourly bullish pin bar off the PPZ...
  • #546
  • Apr 1, 2009 7:32am Apr 1, 2009 7:32am
Quoting ns_karthik
i just focus on the MM lines...daily pivot is just another SR line...if u r comfortable with that, you could use that as well..
Thanks bro. I'm still a newbee and trying to understand things well. Can GU really break tha reaistance now?
  • #547
  • Apr 1, 2009 8:00am Apr 1, 2009 8:00am
Quoting sivaji
Long USDCAD @ 1.2632
Short Euro @ 1.3275

already changed SL to B/E

USDCAD +40pips
Euro +30pips

Now in UJ long @ 98.53...
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #548
  • Apr 1, 2009 8:05am Apr 1, 2009 8:05am
Quoting ataviano
Thanks bro. I'm still a newbee and trying to understand things well. Can GU really break tha reaistance now?

i believe that it should...
  • #549
  • Apr 1, 2009 8:09am Apr 1, 2009 8:09am
Quoting sivaji
USDCAD +40pips
Euro +30pips

Now in UJ long @ 98.53...
Good pip hunting , did not sit properly today and when get time scalp only few pips at times with big lots ,very risky though but better than sitting most time calculating & experimenting .

hope do some at this time.

fontu.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #550
  • Apr 1, 2009 8:09am Apr 1, 2009 8:09am
Quoting sivaji
USDCAD +40pips
Euro +30pips

Now in UJ long @ 98.53...

UJ long could be a problem....i believe that we might go down with the JPY crosses...i could be wrong though....
  • #551
  • Apr 1, 2009 8:21am Apr 1, 2009 8:21am
Long again from 1.2645

Guy looks like the Dollar has start to strenghtening. Seize the opportunity..

Good LUCK !!!!
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #552
  • Apr 1, 2009 8:30am Apr 1, 2009 8:30am
next 1 hr is going to be important....major news coming in...will see lots of action.....hopefully...:-)..
  • #553
  • Apr 1, 2009 8:34am Apr 1, 2009 8:34am
Quoting ns_karthik
next 1 hr is going to be important....major news coming in...will see lots of action.....hopefully...:-)..
That should be true, next big US news by 24 minutes & effect half hr at least.PA will not go against USD before that rather in favour a little , some shorts doing by this time .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #554
  • Apr 1, 2009 8:37am Apr 1, 2009 8:37am
keep an eye on the usd/chf as well
  • #555
  • Apr 1, 2009 8:38am Apr 1, 2009 8:38am
Quoting ns_karthik
next 1 hr is going to be important....major news coming in...will see lots of action.....hopefully...:-)..
That should be true, next big US news by 24 minutes & effect half hr at least.PA will not go against USD before that rather in favour a little , some shorts doing by this time .One should close every trade just before such big event except those news trading .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #556
  • Apr 1, 2009 8:38am Apr 1, 2009 8:38am
Quoting sivaji
Long again from 1.2645

Guy looks like the Dollar has start to strenghtening. Seize the opportunity..

Good LUCK !!!!
Closed @ +45pips

Karthik, i agree with you Uj is a problem.... luckily closed at B/E.
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #557
  • Apr 1, 2009 8:41am Apr 1, 2009 8:41am
with dow jones down so far, it would be a shock to me if the JPY crosses still went up today....but considering how the market has been crazy lately, anything is possible....u never know...

but if dow jones is indeed down for the whole of today, the indian stock market would be down tomorrow and i have a 'PUT' option there which will make me some good money....
  • #558
  • Apr 1, 2009 8:49am Apr 1, 2009 8:49am
Quoting ns_karthik
with dow jones down so far, it would be a shock to me if the JPY crosses still went up today....but considering how the market has been crazy lately, anything is possible....u never know...

but if dow jones is indeed down for the whole of today, the indian stock market would be down tomorrow and i have a 'PUT' option there which will make me some good money....

'Good Luck' mate...

Where do you trade indian stocks? Any online brokers?
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #559
  • Apr 1, 2009 8:52am Apr 1, 2009 8:52am
Quoting sivaji
'Good Luck' mate...

Where do you trade indian stocks? Any online brokers?

yes , i trade using an online broker only...am not sure whether i am allowed to give names in here....
  • #560
  • Apr 1, 2009 9:07am Apr 1, 2009 9:07am
lol...dont they like to make fools of us?? i was predicting a drop and now the market is up....need to be careful though...it could be the mark up for the big guys to sell to small guys and then maybe drop...

pls take all my calls/analysis with ur own analysis...dont do anything cos i said so....as i had said, i am a scalper and so whether it drops or not does not matter to me...i am just trying to use my experience in trying to predict a direction and in that way, i am just trying to help others....
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