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Trading using Murray Maths and Price Action

  • #1,001
  • Apr 6, 2009 3:52pm Apr 6, 2009 3:52pm
Yes, I have metatrader.



Quoting bigandrich
Do you have metatrader platform?
  • #1,002
  • Apr 6, 2009 3:55pm Apr 6, 2009 3:55pm
Quoting ferndog
Short U/C 1.1373
Close 1.1353 +20 pips
  • #1,003
  • Apr 6, 2009 3:56pm Apr 6, 2009 3:56pm
Quoting ferndog
Long G/U 1.4740
Close at 1.4770 +30 pips
  • #1,004
  • Apr 6, 2009 4:17pm Apr 6, 2009 4:17pm
Quoting easyliving
Yes, I have metatrader.
Go to your terminal which has boxes titled: Trade|Account History|Alerts|Mailbox|Experts|Journals. Just click on Alerts box and set away.
  • #1,005
  • Apr 6, 2009 4:36pm Apr 6, 2009 4:36pm
Thank you!



Quoting bigandrich
Go to your terminal which has boxes titled: Trade|Account History|Alerts|Mailbox|Experts|Journals. Just click on Alerts box and set away.
  • #1,006
  • Apr 6, 2009 5:59pm Apr 6, 2009 5:59pm
Quoting skyscraper
I am using indicator for Murray as given by Karthik. I used that indicator on M5 and M60. Ideally the MuRRAY SR line should be same on both the TF but it is different in M5 and M60. Attached are the charts am I doing something wrong here. Please suggest I am using the defualt setting of the indicator.
I don't think you are doing anything wrong. The larger timeframe is going to calculate different areas of S/R, and label them different 8ths. However, they should still correlate with the smaller timeframe. Whether that is with a solid or dashed grey line or even more likely, a different 8th label. For instance on a 5min timeframe you may see 4/8ths line but on a 4hr chart it may be a 6/8ths. Same calculated number, different label due to the larger timeframe.
  • #1,007
  • Apr 6, 2009 6:00pm Apr 6, 2009 6:00pm
Quoting easyliving
Thank you!
  • #1,008
  • Apr 6, 2009 6:37pm Apr 6, 2009 6:37pm
good short here, first arrow initial drop through support, second arrow retrace to test the area that had become resistance. It was rejected hard.

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  • #1,009
  • Apr 6, 2009 7:45pm Apr 6, 2009 7:45pm
hellloooo boys...good morning...
  • #1,010
  • Apr 6, 2009 7:45pm Apr 6, 2009 7:45pm
Quoting skyscraper
I am using indicator for Murray as given by Karthik. I used that indicator on M5 and M60. Ideally the MuRRAY SR line should be same on both the TF but it is different in M5 and M60. Attached are the charts am I doing something wrong here. Please suggest I am using the defualt setting of the indicator.


murray math works on gann square principles . It has a frame setting of 8/16/32/64 and 128 .

The MML on higher time frame will look different from lower time frames.

I am new to this but being an engineer am grasping it very quickly and have done many really nice trades on gj both long and short today

I looked at my higher time this morning for a 48 hour target and have 4 standard still off 151.5 and have been scalping in between on a 5 min chart , which the MML are different on a 5 min chart than they are on 60 min chart

target for gj is 4/8 level 143.75

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Blogging daily now at www.volume.zone
  • #1,011
  • Apr 6, 2009 7:54pm Apr 6, 2009 7:54pm
Went long on the UJ at 100.40 off the bounce.
  • #1,012
  • Apr 6, 2009 7:58pm Apr 6, 2009 7:58pm
Quoting malcolmb14
murray math works on gann square principles . It has a frame setting of 8/16/32/64 and 128 .

The MML on higher time frame will look different from lower time frames.

I am new to this but being an engineer am grasping it very quickly and have done many really nice trades on gj both long and short today

I looked at my higher time this morning for a 48 hour target and have 4 standard still off 151.5 and have been scalping in between on a 5 min chart...
how do u determine long terms targets eg. 143.7 in this case ??
  • #1,013
  • Apr 6, 2009 8:35pm Apr 6, 2009 8:35pm
Quoting ns_karthik
hellloooo boys...good morning...
Hello Karthik,

I have been silently following thru your thread. Good work. Congratulations.
Are you based in Bangalore or Chennai? Is there a number to reach you? you can PM me.

Thanks much and good luck

TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #1,014
  • Apr 6, 2009 9:03pm Apr 6, 2009 9:03pm
Long G/J 148.05
  • #1,015
  • Apr 6, 2009 9:14pm Apr 6, 2009 9:14pm
Quoting TradeStar
Hello Karthik,

I have been silently following thru your thread. Good work. Congratulations.
Are you based in Bangalore or Chennai? Is there a number to reach you? you can PM me.

Thanks much and good luck

TS
sent PM...
  • #1,016
  • Apr 6, 2009 9:35pm Apr 6, 2009 9:35pm
Watching price action during Asian session is sometimes like watching grass grow http://www.forexfactory.com/images/icons/icon11.gif. Apart from the short on E/J at 134.70'ish, which I took for +17, there's nothing happening. YET http://www.forexfactory.com/images/icons/icon10.gif
non si dimentichi mai
  • #1,017
  • Apr 6, 2009 11:32pm Apr 6, 2009 11:32pm
Quoting plus50
Watching price action during Asian session is sometimes like watching grass grow http://www.forexfactory.com/images/icons/icon11.gif. Apart from the short on E/J at 134.70'ish, which I took for +17, there's nothing happening. YET http://www.forexfactory.com/images/icons/icon10.gif
well, for newbies, that is the best session to trade cos u can afford to have small SL , very good ranging and slow movement and hence u are not pressured into making false trades....can easily make ur daily target of 50 pips in 2-3 hrs....
  • #1,018
  • Apr 7, 2009 12:32am Apr 7, 2009 12:32am
Quoting ns_karthik
well, for newbies, that is the best session to trade cos u can afford to have small SL , very good ranging and slow movement and hence u are not pressured into making false trades....can easily make ur daily target of 50 pips in 2-3 hrs....
Right again Karthik, good perspective.

Does E/J look ready for reversal.
non si dimentichi mai
  • #1,019
  • Apr 7, 2009 12:37am Apr 7, 2009 12:37am
Quoting plus50
Right again Karthik, good perspective.

Does E/J look ready for reversal.
what do u mean by a reversal ?? up or down...:-))..
  • #1,020
  • Apr 7, 2009 12:40am Apr 7, 2009 12:40am
Up from -1/8th on 15min
non si dimentichi mai
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