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  • #111,861
  • Edited 5:24am Jun 18, 2009 5:12am | Edited 5:24am
Quoting Atlast
You're not the only one. You actually got the 10 pips. Was going to say move to BE, but I know you're a seasoned trader. Could still turn down, now looking at the higher TL
I have a long bias for the immediate term and price is back inside that trendline
edit: oops - its back outside again, im unwinding my long at a loss and targeting 1.3935 to have another long attempt
edit: long 1.3937 - I have tons of support at this level

Out, +10 which more than covered previous loss
Attached Image (click to enlarge)
Click to Enlarge Name: 7gif.gif Size: 35 KB
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  • #111,862
  • Jun 18, 2009 5:15am Jun 18, 2009 5:15am
Does anyone have an indicator for MT4 that draws the weekly pivots automaticly?

EDIT: and the monthly?
  • #111,863
  • Jun 18, 2009 5:16am Jun 18, 2009 5:16am
Quoting Driver55
In my own office..
but why is it important ??
Just like the rig behind you, just don't understand why the screen is facing the other way.
  • #111,864
  • Jun 18, 2009 5:16am Jun 18, 2009 5:16am
Quoting TrooperCoope
Does anyone have an indicator for MT4 that draws the weekly pivots automaticly?
Attached File(s)
File Type: ex4 ###Auto Pivot.ex4   15 KB | 392 downloads
  • #111,865
  • Jun 18, 2009 5:18am Jun 18, 2009 5:18am
i'm looking to short @ 4031 ....nice convergence of fibs .618 off 11 jun high and .50 off of 3 jun high....also bearish gartley pattern and 4031 is the neckline resistance of H&S and downtrendline intersection too

short if it gets there....still the news to clear

T.
it had seemed so obvious at the time
  • #111,866
  • Jun 18, 2009 5:20am Jun 18, 2009 5:20am
Quoting T.E.Lawrence
Attachment
Thanks! That will be usefull!
  • #111,867
  • Jun 18, 2009 5:22am Jun 18, 2009 5:22am
I think 1.3989 will be the daily top.
The market is geting bearish
No risk, No Glory.
  • #111,868
  • Jun 18, 2009 5:23am Jun 18, 2009 5:23am
In long at 1.3936 with SL at BE
  • #111,869
  • Jun 18, 2009 5:24am Jun 18, 2009 5:24am
I am using the trading platform from Forex.com, is it good enough? Or can i use some other trading platform? please help me out with this one
  • #111,870
  • Jun 18, 2009 5:24am Jun 18, 2009 5:24am
LOL that was a quicky. Closed with +10 pips.
  • #111,871
  • Jun 18, 2009 5:26am Jun 18, 2009 5:26am
Quoting M.A.C.Doug
I have a long bias for the immediate term and price is back inside that trendline
edit: oops - its back outside again, im unwinding my long at a loss and targeting 1.3935 to have another long attempt
edit: long 1.3937 - I have tons of support at this level

Out, +10 which more than covered previous loss
sorry about the messy chart, I prefer clean charts but these lines tell me alot about entry and target levels for the type of trading I do (basically scalping bounces of support/resistance)
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  • #111,872
  • Jun 18, 2009 5:29am Jun 18, 2009 5:29am
Quoting prav
I am using the trading platform from Forex.com, is it good enough? Or can i use some other trading platform? please help me out with this one
You can use Ninjatrader.
  • #111,873
  • Jun 18, 2009 5:31am Jun 18, 2009 5:31am
interesting how the market flirts around 1.38 - 1.42 for so long ya?
  • #111,874
  • Jun 18, 2009 5:31am Jun 18, 2009 5:31am
Quoting M.A.C.Doug
sorry about the messy chart, I prefer clean charts but these lines tell me alot entry and target levels for the type of trading I do (basically scalping bounces of support/resistance)
It looks very similar to mine. I just have some more trendlines in there to mess it up even more.
  • #111,875
  • Jun 18, 2009 5:31am Jun 18, 2009 5:31am
Quoting TrooperCoope
Does anyone have an indicator for MT4 that draws the weekly pivots automaticly?

EDIT: and the monthly?

Attached File(s)
File Type: mq4 Waddah Attar Weekly Fibo.mq4   7 KB | 254 downloads
  • #111,876
  • Jun 18, 2009 5:32am Jun 18, 2009 5:32am
Quoting trading801
interesting how the market flirts around 1.38 - 1.42 for so long ya?
its called not trending and its happening 70% they say
  • #111,877
  • Jun 18, 2009 5:33am Jun 18, 2009 5:33am
Quoting TrooperCoope
LOL that was a quicky. Closed with +10 pips.
The quicker the better in my book - well done!
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  • #111,878
  • Jun 18, 2009 5:33am Jun 18, 2009 5:33am
Quoting M.A.C.Doug
sorry about the messy chart, I prefer clean charts but these lines tell me alot entry and target levels for the type of trading I do (basically scalping bounces of support/resistance)
Not too messy as you colour code it, was actually looking at your chart and studying your support lines below 1.3890.
  • #111,879
  • Jun 18, 2009 5:34am Jun 18, 2009 5:34am
Quoting TrooperCoope
Thanks! That will be usefull!

knock yourself out
http://www.forexfactory.com/attachme...0&d=1245127839
  • #111,880
  • Edited 5:50am Jun 18, 2009 5:38am | Edited 5:50am
Quoting TrooperCoope
It looks very similar to mine. I just have some more trendlines in there to mess it up even more.
yeah, as soon as I had I gotten rid of all my indicators I went and did this to my nice clean chart, I can hardly bear looking at it but it works for me

red lines are higher time frame fibs pulled down from high to low and blue lines are higher time frame fibs pulled from from low to high. other horizontal lines are daily weekly and monthly pivots - I like trading 15 and 5 minute trendline touches that are backed by these various support resistance levels
green trendlines are from 4 hour - brown are from the hourly chart. white are temporary for use on the timeframe I am currently trading - 15 minute in this case
Attached Image (click to enlarge)
Click to Enlarge Name: 8gif.gif Size: 42 KB
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