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  • #284,421
  • Aug 20, 2010 12:05pm Aug 20, 2010 12:05pm
distribution starting

have a good weekend all
dreams do come true.
  • #284,422
  • Aug 20, 2010 12:07pm Aug 20, 2010 12:07pm
Quoting malcolmb14
not me either by pure fluke i had a sell orde 1.2828 that got filled closed it for 155 pip....again by pure fluke as i woke up late , otherwise i would have fiddled with it and closed it early.

I will wait to see what happens today , see what I have for value area and project those lines thru Sunday / monday for battle lines.
i had an order pending to sell at dpp.. it missed the first time by less then a pip. so i got in manually at 2825 ish... still got some long terms running.. i would of closed them had we got much above 2883.. im glad i hung on..
those who can, do. those who cant, talk about those who can
  • #284,423
  • Aug 20, 2010 12:10pm Aug 20, 2010 12:10pm
like malc said.. we may get covering before close.. markets may drop.. eu may follow.. less then an hour to go
those who can, do. those who cant, talk about those who can
  • #284,424
  • Aug 20, 2010 12:13pm Aug 20, 2010 12:13pm
Quoting gatorinla
i had an order pending to sell at dpp.. it missed the first time by less then a pip. so i got in manually at 2825 ish... still got some long terms running.. i would of closed them had we got much above 2883.. im glad i hung on..
What do you use to determine your trailing technical stop for your long terms? MA's, supply areas or a bit of both, or something completely different?
  • #284,425
  • Aug 20, 2010 12:16pm Aug 20, 2010 12:16pm
Quoting frankkn
How do you figure your value area in forex?

esignal does it for me

value is 70 % range of the daily volume , it has a low a high and a point of control ( price at max volume for the day)

If price breaks down thru the prior days value area low then we can assume today will be bearish and price will complete days range to the down side. If price break up thru top of prior days value area high then we can assume it will be up day and days range will complete to upside.

If price comes up to prior days point of control then finds buyers or sellers (depending on direction of move) then we can use that as our trade point much like others use a daily pivot . I prefer prior days point of control as this shows me where the MAX volume occurred on the histogram on the prior day ( on chart below priors days poc is about 1,2810)

here is a chart showing todays set up off 3 x high volume pivots today. i mentioned this same zone in asia yesterday when someone was looking for 1.2860 move . i suggested that the best they may get is 2830 due to this

Attached Image (click to enlarge)
Click to Enlarge Name: chart02 au.jpg Size: 174 KB


Attached File(s)
File Type: mq4 marketprofile_pob.mq4   7 KB | 472 downloads
Blogging daily now at www.volume.zone
  • #284,426
  • Aug 20, 2010 12:20pm Aug 20, 2010 12:20pm
Quoting malcolmb14
esignal does it for me

value is 70 % range of the daily volume , it has a low a high and a point of control ( price at max volume for the day)

If price breaks down thru the prior days value area low then we can assume today will be bearish and price will complete days range to the down side. If price break up thru top of prior days value area high then we can assume it will be up day and days range will complete to upside.

If price comes up to prior days point of control then finds buyers or sellers (depending on direction of move) then we...
Nothing more to say
Happy weekend to All
  • #284,427
  • Aug 20, 2010 12:22pm Aug 20, 2010 12:22pm
Quoting malcolmb14
esignal does it for me

value is 70 % range of the daily volume , it has a low a high and a point of control ( price at max volume for the day)

If price breaks down thru the prior days value area low then we can assume today will be bearish and price will complete days range to the down side. If price break up thru top of prior days value area high then we can assume it will be up day and days range will complete to upside.

If price comes up to prior days point of control then finds buyers or sellers (depending on direction of move) then we...
Again, thank you for the detailed and clear answer.

Also thanks for the mq4.
  • #284,428
  • Aug 20, 2010 12:31pm Aug 20, 2010 12:31pm
All the elliott waves are Fib time related measuring from everywhere to everywhere but still no CIGAR....Some more brain cells or help......I would clearly wright out the code......As they say here are the relations EXACTLY but I do not have enough knowledge to know what will happen.........I need the EXPERIENCE since NO ONe will tell me and no one has written it.....

So I start blabbering time....and since I am just BACK....when setup I will only post systematic signals.....but I will always blabber time......

I meant it to be confusing

Because I am confused.......

It could be b wave or it could be a 5th either way sell but it's all time related and yet does not reveal anything about itself.....
Attached Image (click to enlarge)
Click to Enlarge Name: fib time relations1.gif Size: 76 KB
  • #284,429
  • Edited 2:51pm Aug 20, 2010 12:35pm | Edited 2:51pm
Quoting AusPunter79
all the doubters have gone quiet all of a sudden... must have been the 5%.
Not "all of a sudden" there "Mr New Member with 23 posts out of 24 in the last 6 hours"... ((where have we seen that before...? ))

I pretty much took my Shorts and quit posting here a'rd a week before you ever joined FF... ((if this is actually your first time a'rd here)). Becuz I'm sorta ... others who are a lot sharper than I am faded away well before that. Besides the short list of folks still here that I actually read their stuff, some of the better reasons to hang a'rd FF lately are the joke threads.

I only dropped in here to see if anything had changed. It hasn't...

And about that so called 5% thing.... whatever.

Oh wow... and just in time to include in this post...
Quoting grandpost
So I start blabbering time... but I will always blabber time...... I meant it to be confusing.. Because I am confused.......
I rest my freakin case...
FUBAR...
  • #284,430
  • Aug 20, 2010 12:43pm Aug 20, 2010 12:43pm
What a good, good week to trade. What an excellent week to scalp! And next week will be even better with the GDP number. Have a nice weekend all!
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  • #284,431
  • Edited 1:10pm Aug 20, 2010 12:53pm | Edited 1:10pm
Quoting bbakker
What do you use to determine your trailing technical stop for your long terms? MA's, supply areas or a bit of both, or something completely different?
the current eu wave we have has been on since 2008. it goes to .858.. since 2008 you have lower highs and lower lows. on the usdx since 2007 the low has risen.. we where on the way to a new higher high but got slapped by conception fibs and a all time high tl. all hit at the same time. at the exact time eur/usd hit a major fib. eu was in the Mofu zone and was rejected before crossing at 1869 (stopped @ 1876).. then while this was going on the bank crap and stress test bs.. The usdx trend was started long before Greece or the other bs. So was the eu 2008 move.. so when all the bs dies out or the truth about banks come out. we should resume. there is also a pretty large i cup and handle on the eux forming a handle atm. the move to 1.6 could be predicted as well as .858 .. going back to historic info i did 1.6 using the same method and was off by less then 25 pips. according to this the 1.6 move was over extended. you will see some hits on this chart. but the predictive would of shown this long before. there are also some misses. but if you put the all time chart over this it fills these voids. also i only show 16 levels.. there are many more.. too many lines clutter chart. we are currently in the 50% area. where shit happens
Attached Image (click to enlarge)
Click to Enlarge Name: bear 1.PNG Size: 38 KB
those who can, do. those who cant, talk about those who can
  • #284,432
  • Aug 20, 2010 1:05pm Aug 20, 2010 1:05pm
is anybody holding the euro over the weekend.??? if so buy? 0r sell?
  • #284,433
  • Aug 20, 2010 1:12pm Aug 20, 2010 1:12pm
Quoting gatorinla
the current eu wave we have has been on since 2008. it goes to .858.. since 2008 you have lower highs and lower lows. on the usdx since 2007 the low has risen.. we where on the way to a new higher high but got slapped by conception fibs and a all time high tl. all hit at the same time. at the exact time eur/usd hit a major fib. eu was in the Mofu zone and was rejected before crossing at 1869 (stopped @ 1876).. then while this was going on the bank crap and stress test bs.. The usdx trend was started long before Greece or the other bs. So was the...
Thank you for your insight on how you determine your technical levels.

Have a great weekend!
  • #284,434
  • Aug 20, 2010 1:20pm Aug 20, 2010 1:20pm
Great week trading guys!
Have a great weekend and hopefully see you guys next week!
Green pips all!
  • #284,435
  • Aug 20, 2010 1:21pm Aug 20, 2010 1:21pm
Quoting malcolmb14
esignal does it for me

value is 70 % range of the daily volume , it has a low a high and a point of control ( price at max volume for the day)

If price breaks down thru the prior days value area low then we can assume today will be bearish and price will complete days range to the down side. If price break up thru top of prior days value area high then we can assume it will be up day and days range will complete to upside.

If price comes up to prior days point of control then finds buyers or sellers (depending on direction of move) then...
That was a nice call in the Asian session yesterday

Have a great weekend!
  • #284,436
  • Edited 1:35pm Aug 20, 2010 1:24pm | Edited 1:35pm
Hi Everyone,

For those of you that like MurreyMath minus the lines to clutter the charts, try this modified version. Enjoy.

You can also change TextShift to 15 or 18 like this <> extern int text_shift = 18; from extern int text_shift = 0;
and it sets the visible text back from the last candle some more. Your choice .... I use 15 setting.

ut2
Attached File(s)
File Type: mq4 MML-Multi-OPT[no-lines]-Mod-ut2DaMax_.mq4   28 KB | 359 downloads
  • #284,437
  • Aug 20, 2010 1:25pm Aug 20, 2010 1:25pm
Quoting bbakker
Thank you for your insight on how you determine your technical levels.

Have a great weekend!
i threw out a gold nugget earlier and few got it. here it is.. im not gonna explain.. you don't learn to fish with me baiting the hook. lots of info here if you look..
Attached Image (click to enlarge)
Click to Enlarge Name: bear 1.PNG Size: 29 KB
those who can, do. those who cant, talk about those who can
  • #284,438
  • Aug 20, 2010 1:26pm Aug 20, 2010 1:26pm
Quoting gatorinla
i threw out a gold nugget earlier and few got it. here it is.. im not gonna explain.. you don't learn to fish with me baiting the hook. lots of info here if you look..

thanks gator
  • #284,439
  • Aug 20, 2010 1:31pm Aug 20, 2010 1:31pm
Would any here dare to make a forecast on eurchf next week?

We have the lowest ever close on on a candle today...


Will it rebound?
  • #284,440
  • Aug 20, 2010 1:32pm Aug 20, 2010 1:32pm
Quoting gatorinla
i threw out a gold nugget earlier and few got it. here it is.. im not gonna explain.. you don't learn to fish with me baiting the hook. lots of info here if you look..
LOL - we seem to always be in this "mofu" zone
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