Indian Guru Trading Majors | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Guru hype 3 replies

Are you a guru at trading - vote 14 replies

Guru EA Coders...Help me please... 3 replies

Weekend of the Instant Guru 20 replies

Attachments: Indian Guru Trading Majors
Exit Attachments

Indian Guru Trading Majors

  • #21
  • Sep 7, 2009 5:10am Sep 7, 2009 5:10am
using the tail indicator on 5 min chart for a good long entry, the end target should be 153.75 subject to break of day high today

overall daily chart is turning into an uptrend, but this is not confirmed as yet in toto

pay close attention to price action in the sense, pay attention to areas where the candles seem to hit resistance or support zones over extended period of time, and mark these zones with arrows or trend lines for future reference.

from day open we have remained above 152.30, this means that GJ is not interested in a sell off type, but is doing a slow consolidation and rise.
  • #22
  • Sep 7, 2009 5:31am Sep 7, 2009 5:31am
Mark trendlines @

 

  1. Last week high
  2. Last Week Close
  3. Last Month High
  4. Last Month Close
  5. Day Open

these are your traffic signals, on what is happening on the chart.

  • #23
  • Sep 7, 2009 5:46am Sep 7, 2009 5:46am
Quoting forexlion
using the tail indicator on 5 min chart for a good long entry, the end target should be 153.75 subject to break of day high today

overall daily chart is turning into an uptrend, but this is not confirmed as yet in toto

pay close attention to price action in the sense, pay attention to areas where the candles seem to hit resistance or support zones over extended period of time, and mark these zones with arrows or trend lines for future reference.

from day open we have remained above 152.30, this means that GJ is not interested in a sell off type,...
nice entry i got in just above last week high, so i am in safe zone
  • #24
  • Sep 7, 2009 5:54am Sep 7, 2009 5:54am
Quoting forexlion
nice entry i got in just above last week high, so i am in safe zone
on my chart the last week high is 152.96 and the price is below that ?
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #25
  • Sep 7, 2009 5:58am Sep 7, 2009 5:58am
Quoting samdani786
on my chart the last week high is 152.96 and the price is below that ?
I see a nice H&S on the 5 M chart
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #26
  • Sep 7, 2009 6:00am Sep 7, 2009 6:00am
Quoting samdani786
I see a nice H&S on the 5 M chart
With the neck line around 152.55 . ?
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #27
  • Sep 7, 2009 6:33am Sep 7, 2009 6:33am
how do u trade such a volatile pair in a 1m chart? in the last couple of mts it just went down 20 pips, so u just watch the tail and trade based on that. do u trade using the same indi on EU, EY etc?
  • #28
  • Sep 7, 2009 7:14am Sep 7, 2009 7:14am
Quoting anika123
how do u trade such a volatile pair in a 1m chart? in the last couple of mts it just went down 20 pips, so u just watch the tail and trade based on that. do u trade using the same indi on EU, EY etc?
yes
  • #29
  • Sep 7, 2009 8:16am Sep 7, 2009 8:16am
Hi,
Based on the daily chart iam long GY .
but when i saw the 4h chart the tail is pointing down, does that mean the pair will go down?
do we have to see all the time frames to make a trade?
thnx
  • #30
  • Sep 7, 2009 9:15am Sep 7, 2009 9:15am
Nice to see your chart 1m. Do you trade using hotkeys since it is small tf and fast moving pair? What is your typical stop loss and take profit? And which broker you use (you got great spread asssuming you have 4 pips on gbp/jpy)?

thanks
  • #31
  • Sep 8, 2009 2:49am Sep 8, 2009 2:49am
Quoting anika123
Hi,
Based on the daily chart iam long GY .
but when i saw the 4h chart the tail is pointing down, does that mean the pair will go down?
do we have to see all the time frames to make a trade?
thnx
i just follow 1 min chart and the tail, watching other time frames confuses the decision

so i just go by 1 min charts, and i am very careful not to enter a fresh trade near the 0 line, i try to enter on the extremes

no reason not to make money on 1 min GJ
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 26 KB
  • #32
  • Sep 8, 2009 3:55am Sep 8, 2009 3:55am
Quoting forexlion
i just follow 1 min chart and the tail, watching other time frames confuses the decision

so i just go by 1 min charts, and i am very careful not to enter a fresh trade near the 0 line, i try to enter on the extremes

no reason not to make money on 1 min GJ
Hey Lion, How is going ? Here Pretty nice in miami, Listen which version of the tail you using ? 1 or 2 ?
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #33
  • Sep 8, 2009 4:54am Sep 8, 2009 4:54am
Quoting samdani786
Hey Lion, How is going ? Here Pretty nice in miami, Listen which version of the tail you using ? 1 or 2 ?
i use 1 and here is the profit target for today 153.177
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 16 KB
  • #34
  • Sep 8, 2009 5:19am Sep 8, 2009 5:19am
hi lion, GJ spread is too high but 1 min chart is too short TF. How do you handle it?

thanks
  • #35
  • Sep 8, 2009 6:06am Sep 8, 2009 6:06am
I have a spread of 8 pips, can u recommend a broker with a lesser spread?
thnx
  • #36
  • Sep 8, 2009 6:33am Sep 8, 2009 6:33am
typical trap

this is on the 1 hour charts, be careful here


---------------
as for trading 1 min, its an art which you need to learn carefully, you should know when to get in and when to avoid, use 5 min for guidance if not sure
Attached Image
  • #37
  • Sep 8, 2009 10:41am Sep 8, 2009 10:41am
Quoting forexlion
typical trap

this is on the 1 hour charts, be careful here


---------------
as for trading 1 min, its an art which you need to learn carefully, you should know when to get in and when to avoid, use 5 min for guidance if not sure

this was a trap indeed

good thing i remained on the sidelines.

now this is the kind of stuff that you really need to keep an eye on while trading, you should be able to see where there is a trap setup and where there is a genuine trend setup.
  • #38
  • Sep 8, 2009 1:15pm Sep 8, 2009 1:15pm
Quoting Jey
Hello... may I know why you are ignoring a fellow Indian like me?
I have greeted you in your thread and seeked your attention but your continued arrogance and strange indifference to me truly mystifies me.



Are you that great here in FF?
i have primary progressive multiple sclerosis, am on a wheelchair for 3 years now, i have to take rest every 2 hours, i am not the normal human you find, i have my restrictions, and i have to care more for my health than trading.

if you wish to be mad, go ahead.

if you speak to me kindly, i will definitely respond.
  • #39
  • Sep 8, 2009 2:02pm Sep 8, 2009 2:02pm
Hello,

Lion's tail seems to be a fantastic indicator; it's familiar with the PCI I am using but yours seems to be better: the problem is I can't find it anywhere? I 'm using www.tradesignalonline.com (http://www.tradesignalonline.com) for my intraday charts.

Thanks
Greetings from Belgium
  • #40
  • Sep 8, 2009 2:41pm Sep 8, 2009 2:41pm
Quoting forextornado
hi lion, GJ spread is too high but 1 min chart is too short TF. How do you handle it?

thanks
you do not need to bother about spread, concentrate more on the technique, it will earn you far more nd keep the 5 min swing into consideration
0 traders viewing now