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Cable Update (GBPUSD)

  • #229,081
  • May 28, 2010 4:24pm May 28, 2010 4:24pm
hope mag does not mind but i refined his template a wee bit

here it is .. vsa and hulls with the cam and pivots on eu

the hulls is coloured hulls setting 34 on one and 50 on other

these will keep you in trend and very often stop you getting out of trade to early and simplify the movign averages mag uses somewhat

what a day on eu .. simple trading

with the green and red for trends and when 50 and 34 line up you cannot go wrong

the template mag uses work for him ... this is just my simple version as all those movign averages confuse a dumb arse like me ...lol

Attached Image (click to enlarge)
Click to Enlarge Name: chart04d.jpg Size: 143 KB
Blogging daily now at www.volume.zone
  • #229,082
  • May 28, 2010 4:34pm May 28, 2010 4:34pm
now my fav over any thing = murrey math lines.

this is a 5 min chart with mml set for 60 min

price trades 2 octaves when in a trend

look how the top line was sell zone all day and 5/8 line at bottom the cover zone .... works ALL the time

these are based on gann sq of 9s and show s/r level clearly.

Attached Image (click to enlarge)
Click to Enlarge Name: chart04d.jpg Size: 135 KB
Blogging daily now at www.volume.zone
  • #229,083
  • May 28, 2010 4:36pm May 28, 2010 4:36pm
Quoting malcolmb14
now my fav over any thing = murrey math lines.

this is a 5 min chart with mml set for 60 min

price trades 2 octaves when in a trend

look how the top line was sell zone all day and 5/8 line at bottom the cover zone .... works ALL the time

these are based on gann sq of 9s and show s/r level clearly.

Attachment
I once took a look at these, and maybe it was the indi I was using, but I thought they were based on highs and lows, so they kept moving on me every time a new high or low was made. Is this not true in your experience?
Every time you use 'hopium' in a post, God kills a kitten.
  • #229,084
  • May 28, 2010 4:52pm May 28, 2010 4:52pm
Quoting malcolmb14
hope mag does not mind but i refined his template a wee bit

here it is .. vsa and hulls with the cam and pivots on eu

the hulls is coloured hulls setting 34 on one and 50 on other

these will keep you in trend and very often stop you getting out of trade to early and simplify the movign averages mag uses somewhat

what a day on eu .. simple trading

with the green and red for trends and when 50 and 34 line up you cannot go wrong

the template mag uses work for him ... this is just my simple version as all those movign averages...
Killer Chart Mal!

The beauty of th market is that we all get to see things with our own unique perspective, and the essence of and best part of FF is that we share what we see with others.

Damn Mal, if I had your current set up, I woulda named my thread Mals MTF Money MACHINE!

Very well put together my friend.

Keep hitting brother!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #229,085
  • May 28, 2010 5:00pm May 28, 2010 5:00pm
hey mag Joh nand I miss you on skype ... but we are mostly trading es and stocks ( options)

Quoting Magix
Killer Chart Mal!

The beauty of th market is that we all get to see things with our own unique perspective, and the essence of and best part of FF is that we share what we see with others.

Damn Mal, if I had your current set up, I woulda named my thread Mals MTF Money MACHINE!

Very well put together my friend.

Keep hitting brother!

Blogging daily now at www.volume.zone
  • #229,086
  • May 28, 2010 5:07pm May 28, 2010 5:07pm
Quoting malcolmb14
hey mag Joh nand I miss you on skype ... but we are mostly trading es and stocks ( options)
I been away all week, never took a single trade...though damn tempted.

Once I'm caught up with all, I will be back with ya....

Long week, lotta werk, little charting...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #229,087
  • May 28, 2010 5:19pm May 28, 2010 5:19pm
Quoting profxtrader
I once took a look at these, and maybe it was the indi I was using, but I thought they were based on highs and lows, so they kept moving on me every time a new high or low was made. Is this not true in your experience?

MML are based on gann sq of nines.

they change every 64 period.

So if you have 60 min mml set they will change every 64 hourly candles...2.66 days , i set mine to a period of 128 on esignal so they stay pretty much the same all week

on mt just set 128 / 60 as the 1st 2 numbers in the mml setting , this will give you 128 hour period before they change.

If you take a look at chart below we know that days range is 150 pip and price will move 2 octaves on a 60 min chart anything beyond 2 octaves is overextedned ( note the mml are about 75 pip apart each). Pretty cool .. now all you need do is work out days direction each day ( this is where the hulls 50 and 34 come into play)

if you look at attached chart you will see how well the 2 octave ruling works for tp

Attached Image (click to enlarge)
Click to Enlarge Name: chart04d.jpg Size: 155 KB
Blogging daily now at www.volume.zone
  • #229,088
  • May 28, 2010 5:39pm May 28, 2010 5:39pm
Quoting malcolmb14
now my fav over any thing = murrey math lines.

this is a 5 min chart with mml set for 60 min

price trades 2 octaves when in a trend

look how the top line was sell zone all day and 5/8 line at bottom the cover zone .... works ALL the time

these are based on gann sq of 9s and show s/r level clearly.

Attachment
I found the following on MML. Would you agree with these strategies? -

Two Murrey strategies:
Buy at 1/8 close at 4/8 or Buy at 0/8 close at 2/8
Sell at 7/8 close at 4/8 or Sell at 8/8 close at 6/8

The "Trading Range" lines might seem a bit confusing at first, given that the market spends most of its time outside the trading range, but there's more to it than that - these lines are actually very important in determining the state or sentiment of the market. Basically, when the market is between the lines, it is in an undecided state (i.e a trading range). If it is above the 5/8 line then the market can be considered bullish, likewise below 3/8 we are in a bearish market. Hence 5/8 is a great support level for re-entering a long trend and 3/8 for short.

A break of these lines can be very important. For example- If the market has been above 5/8 for a period of time but breaks below, that is a sign of bullishness fading. A drop to 4/8 almost always follows, and at that point 5/8 becomes significant resistance, because a break back above it would represent a re-establishing of the bullish scenario which had just previously failed.

If the market does indeed re-test 5/8 and fail, that confirms that the bullish sentiment has pretty much gone and an attempt at a move to 3/8 can be expected. If the market then breaks below 3/8, it has definitively turned bearish - and 3/8 then becomes strong resistance as a break back above would represent another change in sentiment, this time back to indecision.

Note that sometimes the re-test doesn’t occur and the market will break one trading range line and head straight for the other!
  • #229,089
  • May 28, 2010 6:01pm May 28, 2010 6:01pm
Quoting bbakker
I found the following on MML...
For anyone interested, the FF MML thread and the indicator are here -

http://www.forexfactory.com/showthre...59471&page=139
  • #229,090
  • May 28, 2010 6:06pm May 28, 2010 6:06pm
Quoting bbakker
For anyone interested, the FF MML thread and the indicator are here -

http://www.forexfactory.com/showthre...59471&page=139
add this

http://www.
  • #229,091
  • May 28, 2010 6:12pm May 28, 2010 6:12pm
Quoting Magix
I been away all week, never took a single trade...though damn tempted.

Once I'm caught up with all, I will be back with ya....

Long week, lotta werk, little charting...
Hey Magix! Sounds like work is keeping you very busy. A whole week without trading Forex... you must surely be having withdrawal symptoms by now

If I see any solid MTF setups in time to post to your thread, I will. I nearly did today with the 24x200 on m5, but got caught up with other things. I did a couple of days ago on this thread -http://www.forexfactory.com/showthre...90#post3752890

You take it easy now mango and I will speak to you soon when you are less busy, although by the sounds of it you are always fooooking busy
  • #229,092
  • May 28, 2010 6:20pm May 28, 2010 6:20pm
mal would u plz post the indis u are using for mt4 a lot of ppl get confused

there is a 1000 mml on the net thank u
  • #229,093
  • May 28, 2010 6:22pm May 28, 2010 6:22pm
Quoting kill56
add this

http://www.
We crackforex nutters are still smoking the forexcrack pipe into the wee hours of Saturday morning whereas everyone else has fooooked off for the weekend

How's little Kill doing bro? Still crying at full volume with his little lungs when hungry, drinking his milk when Mummy and Daddy finally bring it to him and then pooping for Jordan ready for the next load of milk
  • #229,094
  • May 28, 2010 6:22pm May 28, 2010 6:22pm
Which of those is the MML indy that will bring the lines up on the chart? I tried the one in the first link that has "text" in the title but it just put the numbers on the chart and text but no lines...??

Thank you,

Donnie
  • #229,095
  • May 28, 2010 6:29pm May 28, 2010 6:29pm
Quoting bbakker
We crackforex nutters are still smoking the forexcrack pipe into the wee hours of Saturday morning whereas everyone else has fooooked off for the weekend
foooookin nutz I tell ya!!!
  • #229,096
  • May 28, 2010 6:32pm May 28, 2010 6:32pm
Quoting uraceulose
Which of those is the MML indy that will bring the lines up on the chart? I tried the one in the first link that has "text" in the title but it just put the numbers on the chart and text but no lines...??

Thank you,

Donnie
Try this one Donnie

Attached File(s)
File Type: mq4 #MurreyMath-TimeFrame.mq4   18 KB | 505 downloads


Let me know if this one does the trick. It is working for me on all the different TLs.
  • #229,097
  • May 28, 2010 6:33pm May 28, 2010 6:33pm
Quoting bbakker
Try this one Donnie

Attachment

Let me know if this one does the trick. It is working for me on all the different TLs.
Thanks so much, I'll give it a try now.

edit: bingo! thank you so much BB!
  • #229,098
  • May 28, 2010 6:35pm May 28, 2010 6:35pm
Quoting malcolmb14
hope mag does not mind but i refined his template a wee bit

here it is .. vsa and hulls with the cam and pivots on eu

the hulls is coloured hulls setting 34 on one and 50 on other

these will keep you in trend and very often stop you getting out of trade to early and simplify the movign averages mag uses somewhat

what a day on eu .. simple trading

with the green and red for trends and when 50 and 34 line up you cannot go wrong

the template mag uses work for him ... this is just my simple version as all those movign averages confuse...
that's a nice looking chart man, can u pls post the template?
  • #229,099
  • May 28, 2010 6:37pm May 28, 2010 6:37pm
Quoting witsnpips
foooookin nutz I tell ya!!!
Guys, did u hear that, we're crazy.
  • #229,100
  • May 28, 2010 6:38pm May 28, 2010 6:38pm
Quoting bbakker
We crackforex nutters are still smoking the forexcrack pipe into the wee hours of Saturday morning whereas everyone else has fooooked off for the weekend

How's little Kill doing bro? Still crying at full volume with his little lungs when hungry, drinking his milk when Mummy and Daddy finally bring it to him and then pooping for Jordan ready for the next load of milk
man the pipe is the best thing happen to me i do enjoy it some times its better than sex

bro he just wake up looking for the pipe dam he dos not sleep at night like his darn dady mom feeds him now BF and he love to bite the N and she is crying
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