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Trading using Murray Maths and Price Action

  • #801
  • Apr 3, 2009 9:44am Apr 3, 2009 9:44am
So how do we trade GU, since it is going over the +1/8 overbot line? Anyway to refresh the MM?
  • #802
  • Apr 3, 2009 9:49am Apr 3, 2009 9:49am
Quoting ns_karthik
nope....my time is GMT + 5.5....

i am looking to short GJ....i would not go long on any of the JPY crosses just yet.. i would rather wait for them to break their highs of today...

The Daily of GJ managed to stay about the resistance. Is it correct to say that trend is UP?
  • #803
  • Apr 3, 2009 9:50am Apr 3, 2009 9:50am
Is it confirmed that Aud/Usd has penetrated 4/8 [.7080]? Can we short this pair?Sorry for my humble English, I'm from China.
  • #804
  • Apr 3, 2009 9:54am Apr 3, 2009 9:54am
Quoting win99
So how do we trade GU, since it is going over the +1/8 overbot line? Anyway to refresh the MM?

well, for GU, either wai for GU to break support at 1.4771 or wait for it to break its highs and trade accordingly...
  • #805
  • Apr 3, 2009 9:54am Apr 3, 2009 9:54am
Quoting win99
The Daily of GJ managed to stay about the resistance. Is it correct to say that trend is UP?

so far it is up...but i would wait for it to break its days high to go long on this...
  • #806
  • Apr 3, 2009 9:56am Apr 3, 2009 9:56am
Quoting polomine
Is it confirmed that Aud/Usd has penetrated 4/8 [.7080]? Can we short this pair?Sorry for my humble English, I'm from China.
it has not been broken yet...in fact u should have shorted it from much above...when it broke 0.7141...thats what i did today morning...anyway, wait for a clean break of 0.7080 to go short again...
  • #807
  • Apr 3, 2009 10:02am Apr 3, 2009 10:02am
Quoting ns_karthik
well, for GU, either wai for GU to break support at 1.4771 or wait for it to break its highs and trade accordingly...
okay, I get it. Tks.
  • #808
  • Apr 3, 2009 10:10am Apr 3, 2009 10:10am
Short E/U at 1.3428
  • #809
  • Apr 3, 2009 10:11am Apr 3, 2009 10:11am
Quoting sameerrm
I think its already there in the previous posts...

anyways after u download it, u have to save in under Program files->Metatrader 4->experts->indicators..

after tht just close n open meta trader, go to indicators -> custom n select the MM indicator...

Cheers

thanks bro. My hero.
  • #810
  • Apr 3, 2009 10:33am Apr 3, 2009 10:33am
over the weekend, i will explain other things which i have learned, how price moves etc with examples...hopefully it will be of some use...
  • #811
  • Apr 3, 2009 10:59am Apr 3, 2009 10:59am
Quoting ferndog
Short E/U at 1.3428
Closed trade -10 pips
  • #812
  • Apr 3, 2009 11:14am Apr 3, 2009 11:14am
Quoting ns_karthik
nope....my time is GMT + 5.5....

i am looking to short GJ....i would not go long on any of the JPY crosses just yet.. i would rather wait for them to break their highs of today...
is that a good looking doji on the GJ 4 hr previous bar?
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #813
  • Apr 3, 2009 11:19am Apr 3, 2009 11:19am
Quoting Farmboy
is that a good looking doji on the GJ 4 hr previous bar?

the location does not look good to me and i would rather wait for a break before taking a trade...
  • #814
  • Apr 3, 2009 11:21am Apr 3, 2009 11:21am
Double Dose of Sneha for the weekend....i am trying to arrange a meeting with her over the weekend....wish me luck....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sneha00915.jpg Size: 183 KB
Click to Enlarge Name: sneha00929.jpg Size: 228 KB
  • #815
  • Apr 3, 2009 11:25am Apr 3, 2009 11:25am
Quoting ns_karthik
Double Dose of Sneha for the weekend....i am trying to arrange a meeting with her over the weekend....wish me luck....
no silly thoughts guys...just a formal meeting to say hello...
  • #816
  • Apr 3, 2009 11:48am Apr 3, 2009 11:48am
market looks bored now...
  • #817
  • Apr 3, 2009 11:57am Apr 3, 2009 11:57am
Quoting ns_karthik
no silly thoughts guys...just a formal meeting to say hello...

LUCK
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #818
  • Apr 3, 2009 12:00pm Apr 3, 2009 12:00pm
Quoting Farmboy
LUCK
thank u maan thank u....
  • #819
  • Apr 3, 2009 12:03pm Apr 3, 2009 12:03pm
here is something to explain how break of resistances fail and how u can locate it...as u can see , EJ broke thru the 1H resistance....so u watch it for sometime just to ensure the break and u see the pin bar on 5M...that is a sure sign that the break is not going to hold.....and as u can see, the break did not hold...these r some of the things that need to look out for...
Attached Image (click to enlarge)
Click to Enlarge Name: ej 5m.gif Size: 16 KB
  • #820
  • Apr 3, 2009 1:40pm Apr 3, 2009 1:40pm
Did anyone go long at the break of 148.44 on the GJ?
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