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  • #961
  • Dec 18, 2009 2:48pm Dec 18, 2009 2:48pm
Quoting forexlion
update
with 15 min to market close looks like monday will see this going down

now here is what i visualize could happen.

on the downside 4068 should be a good target
on the upside 4424 will give minor resistance, break of which will turn the bias neutral

otherwise i am still bearish

i will post a daily chart soon, giving a larger move coming soon after this 4068 target is achieved next week
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  • #962
  • Dec 19, 2009 6:42am Dec 19, 2009 6:42am
EUR/USD's fall from 1.5143 extended further to as low as 1.4261 last week and the development is inline with the view that is has topped out in medium term already. Initial bias remains on the downside this week and further decline should be seen towards 38.2% retracement of 1.2329 to 1.5143 at 1.4068 next. On the upside, above 1.4424 minor resistance will turn intraday bias neutral and bring consolidations. But upside should be limited by 1.4589 resistance and bring fall resumption.

In the bigger picture, medium term rise from 1.2456 has completed at 1.5143 on bearish divergence conditions in daily MACD. Focus now turns to 1.3737 cluster support (50% retracement of 1.2329 to 1.5143 at 1.3736). Decisive break there will also confirm the case that three wave consolidation from 1.2329 has finished at 1.5134 too. In other words, whole medium term term fall fro 1.6039 should be resuming for a new low below 1.2329. On the upside, above 1.5143 is needed to invalidate this view. Otherwise, outlook will now remain bearish.

In the long term picture, the lack of impulsive structure of the rise from 1.2329 argues that it's the second wave of the wide range correction that started from 1.6039. Another medium term decline could still be seen to 1.2329 and below. Break of 1.1639 support is possible based on 100% projection of 1.6039 to 1.2329 from 1.5143. But downside will likely be contained by 61.8% retracement of 0.8223 to 1.6039). After all, the long term up trend from 0.8223 is set to resume after completing the three wave medium term correction from 1.6039.
  • #963
  • Dec 19, 2009 12:24pm Dec 19, 2009 12:24pm
Thanks.

Interesting article.
  • #964
  • Dec 20, 2009 10:15am Dec 20, 2009 10:15am
Thanks for this information. If it goes either way, I will be prepared to milk this cow thoroughly from my M1 chart, depending on when I get in and of course what I SEE. Just a few more hours from now.
  • #965
  • Dec 21, 2009 10:07am Dec 21, 2009 10:07am
A short term bottom might be in place at 1.4261 and intraday bias in EUR/USD is turned neutral for the moment. Some consolidations could now be seen and recovery to 4 hours 55 EMA (now at 1.4552) cannot be ruled out. But upside should be limited by 1.4589 resistance, which is close to 38.2% retracement of 1.5143 to 1.4261, and bring fall resumption. Below 1.4261 will target 38.2% retracement of 1.2329 to 1.5143 at 1.4068 next.
  • #966
  • Dec 24, 2009 5:14am Dec 24, 2009 5:14am
I never thought I will be trading on a Holiday !!

This MAD BULL TRADING SYSTEM IS TOTALLY MAAAAAAAAAAAAAD!!!
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  • #967
  • Dec 25, 2009 1:04pm Dec 25, 2009 1:04pm
hi great thread.. Forex lion

i downloaded the Archice.zips

load the following indicator : T3MA , tema . xpma . time series forecast , SR

but unable to load : day_exp.ex4 , forexlions's tail.ex4 , mandiBhawani

i am using MT4


can any one please help.. on how to load this indicators


also i show EA in the archive file, what and how to load this also ?

sorry to sound nade.. but i am newbee in this MT4 system

thanks
  • #968
  • Dec 25, 2009 3:18pm Dec 25, 2009 3:18pm
Hi jaydc,

I did it this way:

I copied the indicators and inserted it to
Metatrader-Folder -> experts -> indicators.
Then I restarted the MT-platform, opened the Navigator and dragged and dropped the indicators one by one to the chart. That worked, but some indicators disappeared when I added others - don't know why.

To insert the EA:
Copy the EA and insert it to
Metatrader-Folder -> experts.
After restarting the MT-platform you open the Navigator, under Expert Advisors you find this EA and drag and drop it to the chart. Finally you have to activate it (there is a button on the top called "Expert Advisors"). After klicking on it the "x" on the top right of the chart changes to a smiley.

Hope that helps
  • #969
  • Dec 26, 2009 8:35am Dec 26, 2009 8:35am
Quoting Bruce57
Hi jaydc,

I did it this way:

I copied the indicators and inserted it to
Metatrader-Folder -> experts -> indicators.
Then I restarted the MT-platform, opened the Navigator and dragged and dropped the indicators one by one to the chart. That worked, but some indicators disappeared when I added others - don't know why.

To insert the EA:
Copy the EA and insert it to
Metatrader-Folder -> experts.
After restarting the MT-platform you open the Navigator, under Expert Advisors you find this EA and drag and drop it to the chart. Finally you have...
some indicators have a function called " OnjectsDeleteAll() " because they need to delete old lines and make new lines.

Try to figure out which ones these are and avoid using them along with the others.

Different charts, different templates.
  • #970
  • Dec 26, 2009 8:39am Dec 26, 2009 8:39am
Quoting forexlion
i never thought i will be trading on a holiday !!

This mad bull trading system is totally maaaaaaaaaaaaad!!!


totally maaaaaaaaaaaaad !!!
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  • #971
  • Dec 26, 2009 10:50am Dec 26, 2009 10:50am
Thanks Bruce57

still full system not working

manage to load 4 incidators sx, xpMA, T3MA, time series forecast

but forex tail, mandiBhawani not loading on chart

is it becouse its not mq4 files ? i dont know its a wide guess!!!!!

forexlion help needed..
  • #972
  • Dec 27, 2009 10:05am Dec 27, 2009 10:05am
i will post detailed chart setups with templates elsewhere to avoid any conflicts with setting up charts
  • #973
  • Dec 27, 2009 10:24am Dec 27, 2009 10:24am
EURUSD 1 HOUR
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  • #974
  • Dec 27, 2009 11:50am Dec 27, 2009 11:50am
Quoting forexlion
some indicators have a function called " OnjectsDeleteAll() " because they need to delete old lines and make new lines.

Try to figure out which ones these are and avoid using them along with the others.

Different charts, different templates.
Thank you forexlion, that helps!
  • #975
  • Dec 28, 2009 12:54am Dec 28, 2009 12:54am
Quoting forexlion
totally maaaaaaaaaaaaad !!!
Lion,what is the Indy on this chart? Is it the 'Idiot' with the regular setting or the 'Tail' with a different color?Kindly let me know.

Charles
  • #976
  • Dec 30, 2009 4:57am Dec 30, 2009 4:57am
Quoting Charlyeze
Lion,what is the Indy on this chart? Is it the 'Idiot' with the regular setting or the 'Tail' with a different color?Kindly let me know.

Charles
I scrapped the idea of using the idiot indicator it was not very reliable

Instead I went for something different which uses historical data to map future movement possibilities, it suggests this can happen, whether I take that suggestion or not is upto me, and so far it has been working far far better than the tail indicator even !!!


I am surprised at the accuracy a neural net indicator can give, working purely on historical data !!

Anyways

AU can rise to a max of 0.9013 after which the indi suggests a fall resumption to test 0.8734 in AU
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  • #977
  • Dec 30, 2009 7:26am Dec 30, 2009 7:26am
Quoting forexlion
I scrapped the idea of using the idiot indicator it was not very reliable

Instead I went for something different which uses historical data to map future movement possibilities, it suggests this can happen, whether I take that suggestion or not is upto me, and so far it has been working far far better than the tail indicator even !!!


I am surprised at the accuracy a neural net indicator can give, working purely on historical data !!

Anyways

AU can rise to a max of 0.9013 after which the indi suggests a fall resumption to test 0.8734 in AU
After more than 2 hours the other indicators are now confirming that move this is nuts .......
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  • #978
  • Dec 30, 2009 7:33am Dec 30, 2009 7:33am
And anyways, I am just doing R&D during holidays and not actively trading, so do not take these as live calls, there is no volume in the markets to get caught in a trade,
  • #979
  • Dec 30, 2009 11:31am Dec 30, 2009 11:31am
Quoting forexlion
After more than 2 hours the other indicators are now confirming that move this is nuts .......
i chickened out early, but this is NUTS .....

Anyways, I will begin active trading on this from 5th Jan
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  • #980
  • Dec 30, 2009 11:35am Dec 30, 2009 11:35am
Quoting forexlion
i chickened out early, but this is NUTS .....

Anyways, I will begin active trading on this from 5th Jan
hey PREET how is going on GU

Vincy
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