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Trading using Murray Maths and Price Action

  • #1,621
  • Apr 16, 2009 12:30am Apr 16, 2009 12:30am
Quoting ferndog
Buy G/U at 1.4986. Bouncing off S
not sure of buying any pair at this point of time....
  • #1,622
  • Apr 16, 2009 2:09am Apr 16, 2009 2:09am
Took position all shorts in the morning & seems they ok , specially gj ,others good & I target GU for maximum pips down. first target 100 pips each pair.as in all profit sl set to profit level & let go if possible .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,623
  • Apr 16, 2009 2:10am Apr 16, 2009 2:10am
Quoting fontu
Took position all shorts in the morning & seems they ok , specially gj ,others good & I target GU for maximum pips down. first target 100 pips each pair.
fontu
good going mate!!
  • #1,624
  • Apr 16, 2009 2:49am Apr 16, 2009 2:49am
GC continuing its upward march....
  • #1,625
  • Apr 16, 2009 2:57am Apr 16, 2009 2:57am
Quoting kerty9
I assume that such EA would work only for brokers that provide MT4 as their front end platform. I am with MB Trading, and not sure if their platform would support such EA. Do such EA work for Onada or FXCM, if so I can switch my account there.
Hey kerty

MB Trading has Metatrader. No need to switch accounts.

Supa
Boxing clever since 76.
  • #1,626
  • Apr 16, 2009 3:01am Apr 16, 2009 3:01am
Quoting ns_karthik
GC continuing its upward march....
Wll check it . Thanks , a scalper must be in trouble in taking position like me . I see my profit jump down to half 3 times within 1hr & very difficult in controlling closing position . Anyway they are ON and now profit continue up again. My set of pairs now ej,gj,eu,gu though they proved trouble last 2 days .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,627
  • Apr 16, 2009 3:08am Apr 16, 2009 3:08am
Quoting fontu
Wll check it . Thanks , a scalper must be in trouble in taking position like me . I see my profit jump down to half 3 times within 1hr & very difficult in controlling closing position . Anyway they are ON and now profit continue up again. My set of pairs now ej,gj,eu,gu though they proved trouble last 2 days .
fontu
yep....last few days have been very difficult to trade...but being a scalper, have been able to jump in and out of trades quickly....and so i continue to be in profit...but need to concentrate...and thats why i have not been posting much over the past 2-3 days...
  • #1,628
  • Apr 16, 2009 6:03am Apr 16, 2009 6:03am
Quoting xard777
Ok, keeping it really simple,

In playing safe you only want to trade from the direction of the last stage 3 marker (yellow dot with star). So, if the last stage 3 marker was a low you want to be going long, if the last stage 3 marker was high you want to be going short. Keep your stop behind the last yellow dot.



Xard777
Hi Xard,
Thank you for the indicators. Have found it very helpful. Whilst trying it out, I notice the green dot which you have not mentioned at all. how do we use the green dot? Also the sound alarm is so soft. Wonder how you can hear, anyway to increase the volume?

Thanks for the help.
  • #1,629
  • Apr 16, 2009 6:30am Apr 16, 2009 6:30am
Quoting xard777
Ok, keeping it really simple,

In playing safe you only want to trade from the direction of the last stage 3 marker (yellow dot with star). So, if the last stage 3 marker was a low you want to be going long, if the last stage 3 marker was high you want to be going short. Keep your stop behind the last yellow dot.

If you go long on an aqua arrzzx2 indicator, then that move is good till a yellow stage 2 high marker is made.

Now that can be a M5, M15, H4 or Daily trade.

So if you go long on a M5 aqua arrzzx2, it is good till a yellow stage 2...

hey there karthik and xard777

thanks for all the setup and so on ..as for xard777 perhaps you can explain further by putting words into your pasted chart ...

i'm still kindda blur towards identifying the stage markers 2,3 and so on ..

hope you're kind enough to explain it with figures or some simple sketches ..

tq sir
  • #1,630
  • Apr 16, 2009 6:43am Apr 16, 2009 6:43am
GJ once again had a beautiful bounce from its support at 146.88...I guess its ranging time guys. Its gonna take a helluva efforts from the buyers or sellers to break this range....
  • #1,631
  • Apr 16, 2009 7:30am Apr 16, 2009 7:30am
Quoting copi88
Hey kerty

MB Trading has Metatrader. No need to switch accounts.

Supa

I talked to the online support and I am told it is available beta on demo accounts only. Not available for live trading. Is that not true?
  • #1,632
  • Edited 9:12am Apr 16, 2009 8:51am | Edited 9:12am
After having good retracement after eur & US news possibly over again place shorts for some good pips .Lets see where it go, very small lots perhaps no much risk to keep 60-100pips chances.Trades taken in the morning were closed & go with seeing positive eur news having good no. of pips .
fontu

Wrong , it is another news time & market still not settled , luckily the US news is positive .Hope the strong support get pierce 4/8 in gu,gj & 0/8 in eu otherwise to close with minimum loss or wait till sl .they were too early before SR broke successfully .
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,633
  • Apr 16, 2009 9:48am Apr 16, 2009 9:48am
Now all trades become positive & the strong sr is on test to break .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,634
  • Apr 16, 2009 9:53am Apr 16, 2009 9:53am
Quoting ns_karthik
well, price has come down to the 0/8 level which is a very strong support and PA on the 15M chart shows that price is holding that level. We could take a small long here. I suggest a small long cos at that point of time, the trend was bearish. We could add to the longs as the price picks up and starts moving up.
That is what exactly what i did? This iis workin out very well for me
Thank you.
  • #1,635
  • Apr 16, 2009 9:59am Apr 16, 2009 9:59am
Quoting jphotdeals
That is what exactly what i did? This iis workin out very well for me
Thank you.
cool maan...nice that u made some pips...be careful though...crazy market
  • #1,636
  • Apr 16, 2009 10:04am Apr 16, 2009 10:04am
GU nearing support again...
  • #1,637
  • Apr 16, 2009 10:09am Apr 16, 2009 10:09am
so is EU...might break support this time...
  • #1,638
  • Apr 16, 2009 10:19am Apr 16, 2009 10:19am
Quoting ns_karthik
cool maan...nice that u made some pips...be careful though...crazy market
Yeh isn't that the truth. I have a sell order on eur from 3222 to 3186. Small lot though
  • #1,639
  • Apr 16, 2009 10:27am Apr 16, 2009 10:27am
Quoting ns_karthik
so is EU...might break support this time...
how cool was that break?? :-))
  • #1,640
  • Apr 16, 2009 10:39am Apr 16, 2009 10:39am
Quoting ns_karthik
how cool was that break?? :-))
It was an unsuccessfull /false but this time may be successfull or left for UP , h1 & h4 candle all bearish.No clear direction yet.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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