wow keyboards are busy today, no shortage of things to say on a rally day 
"Millionaires don't use astrology, billionaires do"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #203,681
- Oct 15, 2009 10:49am Oct 15, 2009 10:49am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
- #203,682
- Oct 15, 2009 10:55am Oct 15, 2009 10:55am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
wow keyboards are busy today, no shortage of things to say on a rally day
- #203,683
- Oct 15, 2009 10:58am Oct 15, 2009 10:58am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
i miss short
maybe a scalp
6h update
"Millionaires don't use astrology, billionaires do"
- #203,684
- Oct 15, 2009 11:00am Oct 15, 2009 11:00am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
murrey math lines and gu
I mentioned MML yesterday
here is 5 min gu with MML and vsa
1) 0/8 line ( also weekly r1) and tested several times , go long , place stop under next MML down = 1/6220 , 20 pip stop ( mentioned this trade )
2) take profit at 2 octaves up and prior resistance , than a no demand bar showed up at this level after an upthrust 2 bars before(if you are one of those ones that has to trade against trend ) . This is short entry at 1.6265 with stop at next mml up = 1.6285 =20 pip
3) price drop 2 octaves back into support 1.6235. With a wide spread high vol down bar , then low vol doji , then pin bar ... enter long at 1.6235 stop next mml down = 20 pips
I did not take these trades , but this is a way to day trade.
for me if I had of contiued to trade i would have been doing the buys only on regular positions ( 1% risk per trade) and if i decided to counter trend trade would take position size down to .25% risk
I mentioned MML yesterday
here is 5 min gu with MML and vsa
1) 0/8 line ( also weekly r1) and tested several times , go long , place stop under next MML down = 1/6220 , 20 pip stop ( mentioned this trade )
2) take profit at 2 octaves up and prior resistance , than a no demand bar showed up at this level after an upthrust 2 bars before(if you are one of those ones that has to trade against trend ) . This is short entry at 1.6265 with stop at next mml up = 1.6285 =20 pip
3) price drop 2 octaves back into support 1.6235. With a wide spread high vol down bar , then low vol doji , then pin bar ... enter long at 1.6235 stop next mml down = 20 pips
I did not take these trades , but this is a way to day trade.
for me if I had of contiued to trade i would have been doing the buys only on regular positions ( 1% risk per trade) and if i decided to counter trend trade would take position size down to .25% risk
Blogging daily now at www.volume.zone
- #203,685
- Oct 15, 2009 11:01am Oct 15, 2009 11:01am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
i miss short
gj heading into 148
Blogging daily now at www.volume.zone
- #203,686
- Oct 15, 2009 11:04am Oct 15, 2009 11:04am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
wow keyboards are busy today, no shortage of things to say on a rally day
todays shorters eyes Kaboom into 4
MY OPINION NOT FINANCIAL ADVISE
- #203,688
- Oct 15, 2009 11:05am Oct 15, 2009 11:05am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #203,689
- Oct 15, 2009 11:09am Oct 15, 2009 11:09am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #203,690
- Oct 15, 2009 11:11am Oct 15, 2009 11:11am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
murrey math lines and gu
I mentioned MML yesterday
here is 5 min gu with MML and vsa
1) 0/8 line ( also weekly r1) and tested several times , go long , place stop under next MML down = 1/6220 , 20 pip stop ( mentioned this trade )
2) take profit at 2 octaves up and prior resistance , than a no demand bar showed up at this level after an upthrust 2 bars before(if you are one of those ones that has to trade against trend ) . This is short entry at 1.6265 with stop at next mml up = 1.6285 =20 pip
3) price drop 2 octaves back into support...
close trade at resistance 1.6260....
collect 25 pips ...
like printing money
Blogging daily now at www.volume.zone
- #203,691
- Oct 15, 2009 11:12am Oct 15, 2009 11:12am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #203,692
- Oct 15, 2009 11:15am Oct 15, 2009 11:15am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
well i call them fine on FREE esignal volume and charting ....
damn now I have opened a can of worms
trade 100 standard per month fxcm esignal is free
AND if making decent money at fx .. spend the dosh for something that covers all markets... $200 per month ... just 20 pip on 1 standard and TAX DEDUCTABLE
"Millionaires don't use astrology, billionaires do"
- #203,693
- Oct 15, 2009 11:18am Oct 15, 2009 11:18am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
well i call them fine on FREE esignal volume and charting ....
damn now I have opened a can of worms
trade 100 standard per month fxcm esignal is free
AND if making decent money at fx .. spend the dosh for something that covers all markets... $200 per month ... just 20 pip on 1 standard and TAX DEDUCTABLE
hmm esignal is like a dream data feed to use in trading...i will surely use it in future again..my free trial was awesome i feel like i am pro..lol
MY OPINION NOT FINANCIAL ADVISE
- #203,695
- Oct 15, 2009 11:21am Oct 15, 2009 11:21am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
http://www.leveragefx.com/
open account fxcm or fxdd
$2k account
trade 100 mini per month (10 standard) topgun and esignal data feed for free
Blogging daily now at www.volume.zone
- #203,696
- Oct 15, 2009 11:22am Oct 15, 2009 11:22am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
murrey math lines and gu
I mentioned MML yesterday
here is 5 min gu with MML and vsa
1) 0/8 line ( also weekly r1) and tested several times , go long , place stop under next MML down...
For MT4 users these mq4s work best. just drop these in your indi folder.
This is an important trick I learned for MT4. Install the MML Multi first then the MML%23%20.
if you install this way it will automatically convert the MM lines for multiple timeframes, give you the most accurate tangential math reading, and allow you to change color and line thickness for your charts.
Test it for yourself.
- #203,697
- Oct 15, 2009 11:23am Oct 15, 2009 11:23am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #203,698
- Oct 15, 2009 11:26am Oct 15, 2009 11:26am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #203,699
- Oct 15, 2009 11:27am Oct 15, 2009 11:27am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
I agree completely. MM lines are very accurate.
For MT4 users these mq4s work best. just drop these in your indi folder.
This is an important trick I learned for MT4. Install the MML Multi first then the MML%23%20.
if you install this way it will automatically convert the MM lines for multiple timeframes, give you the most accurate tangential math reading, and allow you to change color and line thickness for your charts.
Test it for yourself.
mml are based on gann as well .... a lot of traders here talk about gann hi lo lines .. they may like them
Blogging daily now at www.volume.zone
- #203,700
- Oct 15, 2009 11:28am Oct 15, 2009 11:28am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
No need for all the fancy bells and whistles, market psychology cannot be inturpreted with the best of anything, either u see it sense it feel it and know it or you are blind period. nothing can change this aspect , not even someone whispering in your ear IMO. But if these things help ppl Fill thy boots.
"Millionaires don't use astrology, billionaires do"