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Trading using Murray Maths and Price Action

  • #741
  • Apr 3, 2009 12:04am Apr 3, 2009 12:04am
long on EJ for a few pips...
  • #742
  • Apr 3, 2009 12:10am Apr 3, 2009 12:10am
Quoting ns_karthik
long on EJ for a few pips...
got out with 8 pips...
  • #743
  • Apr 3, 2009 12:24am Apr 3, 2009 12:24am
AU closed its last 4H below support...could go down further....
  • #744
  • Apr 3, 2009 12:26am Apr 3, 2009 12:26am
Quoting ns_karthik
AU closed its last 4H below support...could go down further....
so too did EU....
  • #745
  • Apr 3, 2009 1:02am Apr 3, 2009 1:02am
thread is so silent yet again....
  • #746
  • Apr 3, 2009 1:04am Apr 3, 2009 1:04am
4/8MM should consider broken as pa stays some times below & short tp 1 1.3411 but still risky this very cretical time PA at the bottom of the up channel & before london open .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #747
  • Apr 3, 2009 1:06am Apr 3, 2009 1:06am
So how do you determine the trend? Also, do you wait a hard 15 min to to make SR holds or breaks, or is it more subjective? Thanks.
  • #748
  • Apr 3, 2009 1:12am Apr 3, 2009 1:12am
Hello ns_karthik !

Just started my trading station, if you're taking any trades, please let me know!

regards,

Jakob
  • #749
  • Apr 3, 2009 1:19am Apr 3, 2009 1:19am
EJ is going up before reaching 3/8th MM.. does anyone think its continuing to go up or its just creating the top end of the needle...

Any inputs welcome pls...
  • #750
  • Apr 3, 2009 1:25am Apr 3, 2009 1:25am
Quoting Jakob
Hello ns_karthik !

Just started my trading station, if you're taking any trades, please let me know!

regards,

Jakob

hey Jakob.....just call me karthik
i am in on a AU short...
  • #751
  • Apr 3, 2009 1:27am Apr 3, 2009 1:27am
Quoting toafdawg
So how do you determine the trend? Also, do you wait a hard 15 min to to make SR holds or breaks, or is it more subjective? Thanks.
trend is determined just by a feel of the market.....when u r in the middle of the trend, u will easily know....but it is times like now that u r unsure whether it is going to go up or down...thats why we scalp during such times....times like yesterday when it wasz clear that things were going up...in such times , u just take a trade and wait for 100 pips or so profit...

during uncertain times like now, u need to scalp and jump in and out quickly...
  • #752
  • Apr 3, 2009 1:28am Apr 3, 2009 1:28am
Quoting sameerrm
EJ is going up before reaching 3/8th MM.. does anyone think its continuing to go up or its just creating the top end of the needle...

Any inputs welcome pls...
nothing for sure right now...just wait for break of support to go short....
  • #753
  • Apr 3, 2009 1:31am Apr 3, 2009 1:31am
So karthik, what exact criteria triggered your short a/u trade? I'm just trying to learn exactly how to enter.
  • #754
  • Apr 3, 2009 1:31am Apr 3, 2009 1:31am
Quoting toafdawg
So how do you determine the trend? Also, do you wait a hard 15 min to to make SR holds or breaks, or is it more subjective? Thanks.
He is sleeping!
Gold is Money but Money is not Gold
  • #755
  • Apr 3, 2009 1:35am Apr 3, 2009 1:35am
Ok karthik!

short aud/usd @?

I was thinking about a short in eur/usd, but i'm not sure...before london open....
  • #756
  • Apr 3, 2009 1:35am Apr 3, 2009 1:35am
Quoting toafdawg
So how do you determine the trend? Also, do you wait a hard 15 min to to make SR holds or breaks, or is it more subjective? Thanks.
I just determine trend by look of the chart ,PA moves from one corner to the other ,Up or down , smaller Tf minor trend , bigger Tf Major trend , trend inside trend inside trend ...nothing is absolute .. lots of space like in the vast space to go UP ,down,laterally of at any angle of whatever magnitude ......... Please read more about trend by search forum , then draw yourself or use indicator to find auto.

about break sr again ,surely subjecting but as general we consider 15 minutes stay above or below, there are no hard & fast rule in forex ,anything can happen anytime .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #757
  • Apr 3, 2009 1:36am Apr 3, 2009 1:36am
Quoting toafdawg
So karthik, what exact criteria triggered your short a/u trade? I'm just trying to learn exactly how to enter.

if u open the 4H chart of AU with the MM levels, u can see that support was broken....it was a strong support so far...so when it broke and it stayed below...it was a good time to short....
  • #758
  • Apr 3, 2009 1:42am Apr 3, 2009 1:42am
In EU target (2nd) met 1.3401 =26 pips each and after retracement another short place tp 1.3397 /81 again .very risky again. But Up channel in M30 & H1 broken? at the bottom .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #759
  • Apr 3, 2009 1:43am Apr 3, 2009 1:43am
Quoting ns_karthik
if u open the 4H chart of AU with the MM levels, u can see that support was broken....it was a strong support so far...so when it broke and it stayed below...it was a good time to short....

got out on the AU trade with 20 pips...
  • #760
  • Apr 3, 2009 1:46am Apr 3, 2009 1:46am
short on GC and GJ....
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