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4H Strategy with RSX and Murray Math

  • #181
  • May 20, 2009 1:24pm May 20, 2009 1:24pm
Now GBPUSD is ready to be sold...in my opinion in the worst case we could touch +2/8th level...
TP at least 1.5500, but probably we could arrive to 1.53!
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  • #182
  • May 20, 2009 4:31pm May 20, 2009 4:31pm
Waiting for GBPUSD to come down...
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  • #183
  • May 20, 2009 4:32pm May 20, 2009 4:32pm
USDCHF is going to be oversold.....waiting for a signal....
  • #184
  • May 20, 2009 4:45pm May 20, 2009 4:45pm
Quoting zappolo
USDCHF is going to be oversold.....waiting for a signal....
You and me both there was good price run today...

Once they turn are you targeting the next mm level for TP?

Or do you use fibs retrace as a guide? Interested in your perspective is all...
  • #185
  • May 20, 2009 4:59pm May 20, 2009 4:59pm
Quoting LuckyRoost
You and me both there was good price run today...

Once they turn are you targeting the next mm level for TP?

Or do you use fibs retrace as a guide? Interested in your perspective is all...
yes, 1 or 2 levels...it's not a fixed rule...1 is the safer way!! this time we have a probable double bottom, so it could arrive also to 4/8th level...and even more!!!
  • #186
  • May 20, 2009 5:46pm May 20, 2009 5:46pm
Thanks! I'm used to scalping off the 5m and 15m charts-- this 4hr thing is a lot different
  • #187
  • May 20, 2009 5:49pm May 20, 2009 5:49pm
Yes....you need a lot of patience...and it's not so simple...
  • #188
  • May 21, 2009 1:07am May 21, 2009 1:07am
tf 30

and 3/8 to 5/8
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  • #189
  • May 21, 2009 2:26am May 21, 2009 2:26am
Opened a LONG on USDCHF. TP at 2/8th level.
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  • #190
  • May 21, 2009 2:51am May 21, 2009 2:51am
Euro will strong and USD/CHF will going down

maybe
  • #191
  • May 21, 2009 3:38am May 21, 2009 3:38am
GBPUSD has started it's trip to TP!!!
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  • #192
  • May 21, 2009 3:53am May 21, 2009 3:53am
And the same with USDCHF...bottoming and starting to go up!!!
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  • #193
  • May 21, 2009 5:10am May 21, 2009 5:10am
Bit of Divergence on daily U/C-- strong USD news in 2hrs 20min
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  • #194
  • May 21, 2009 5:29am May 21, 2009 5:29am
Quoting LuckyRoost
Bit of Divergence on daily U/C-- strong USD news in 2hrs 20min
That confirms the LONG signal of the 4H system!
  • #195
  • May 21, 2009 6:15am May 21, 2009 6:15am
GU update....
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  • #196
  • May 21, 2009 7:23am May 21, 2009 7:23am
GU has fall down too fast, so it had to retrace to 5SMA....noe it's ready to continue it's fall...
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  • #197
  • May 21, 2009 1:54pm May 21, 2009 1:54pm
GU has arrived to +2/8 level. It's really overbought and I think that it's time for a ride to TP!
The same is tru for USDCHF (oversold & ready to go up).
  • #198
  • May 21, 2009 3:49pm May 21, 2009 3:49pm
Quoting zappolo
GU has arrived to +2/8 level. It's really overbought and I think that it's time for a ride to TP!
The same is tru for USDCHF (oversold & ready to go up).

I bailed on the first stint down(g/u) (up on the u/c) there was too much news today for me-- but in a few minutes I'll be looking to re-enter (after news)
  • #199
  • May 21, 2009 5:50pm May 21, 2009 5:50pm
A GBPUSD update....price touched 2/8 level that bacame 6/8 and now stalling...waiting for a downride to TP!!!
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  • #200
  • May 21, 2009 5:58pm May 21, 2009 5:58pm
AND the same with USDCHF...-2/8 became 3/8th...and waiting for TP!!!
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