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  • #2,521
  • Sep 20, 2010 5:22pm Sep 20, 2010 5:22pm
Quoting pipEASY
Good morning, skyline

My server time is the same as yours. And yes daily candle will open in 1 hour.

This is my current gbpnzd

http://img843.imageshack.us/img843/3397/aa1c.png

Could it be we were talking about a different pair of currency?

starvin4pips - That is unusual. Not that is matters as everything is all relevant. Did you download from FXCM UK?

Sincerely,

Graeme
Now your GBPNZD H4 chart looks right !
In your previous post, it was different as you can see : http://www.forexfactory.com/showpost...postcount=2462
So maybe my theory is correct. When you posted that chart, your platform didn't loaded enough candles to produce correct ema values.
So problem is solved

Cheers,
Skyline
  • #2,522
  • Sep 20, 2010 5:29pm Sep 20, 2010 5:29pm
Quoting skyline
Now your GBPNZD H4 chart looks right !
In your previous post, it was different as you can see : http://www.forexfactory.com/showpost...postcount=2462
So maybe my theory is correct. When you posted that chart, your platform didn't loaded enough candles to produce correct ema values.
So problem is solved

Cheers,
Skyline
That surprised me alot.

I have never seen that before. Yes you are correct there is a big difference. Thank you very much for pointing that out. Although it concerns me as to why and I would like to find out.

cam - Correct. Also they diversify their reward:risk on a different context.
  • #2,523
  • Edited 5:41pm Sep 20, 2010 5:33pm | Edited 5:41pm
Quoting pipEASY
Good morning, skyline

My server time is the same as yours. And yes daily candle will open in 1 hour.

This is my current gbpnzd

http://img843.imageshack.us/img843/3397/aa1c.png

Could it be we were talking about a different pair of currency?

starvin4pips - That is unusual. Not that is matters as everything is all relevant. Did you download from FXCM UK?

Sincerely,

Graeme
I have demo acct with FXPRO, their server time is GMT +2, so my daily candle started 1.5 hr ago. If you look at the last 4 4hr-candle on my chart you will see they are completely different than yours. That's because your candle 1 incorporates the last 2 hours of my candle 0 and the first 2 hours of my candle 1. The only way to get around this is for everyone to demo on the same broker or to move this to a H1 / M15 basis instead of H4 / H1 basis. Everyone's chart from H1 down should look the same. The thoery should be the same as all is relative.

PS The difference is really pronouce between the 4th and 5th candle counting back from the latest.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd 4hr.gif Size: 16 KB
  • #2,524
  • Edited 5:57pm Sep 20, 2010 5:42pm | Edited 5:57pm
Quoting pipEASY
That surprised me alot.

I have never seen that before. Yes you are correct there is a big difference. Thank you very much for pointing that out. Although it concerns me as to why and I would like to find out.

cam - Correct. Also they diversify their reward:risk on a different context.
You're welcome Graeme!
Yes it's a little bit unusual but it could happens when a chart is opened for the first time on a pair or switched to a timeframe never selected in that pair or due to lack of internet connection with broker server when chart is opened.

Edit : A good habit is to set in the options panel (accessed by pressing CTRL+O) an huge value in both fields 'Max Bars in History' and 'Max bars in chart' like in the below picture

Cheers,
Skyline
Attached Image
  • #2,525
  • Sep 20, 2010 5:55pm Sep 20, 2010 5:55pm
Only want to consider trade opportunities when a Flying Buddah exists on the D1 chart. For me none others are even a consideration. This helps immensely to screen which pairs may be in play. The red down arrow says the the current price is below the D1 open, the green arrow shows it is above the D1 open. The Short indication in the far right-hand column shows that the prior candle was up. The Wait indication means there is no Flying Buddah for that pair. If there was an Long indicatior it would mean that the prior D1 candle was down. There are none at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: flying buddah 09 20 10.gif Size: 7 KB
  • #2,526
  • Sep 20, 2010 6:09pm Sep 20, 2010 6:09pm
Quoting pipEASY
Good morning, all

VEEFX - Good morning. It is 07:18am here in Sydney. I will be here waiting for you. There is no need to rush.

I have decided to stay home today and dedicate the whole day to this endeavour.

I will create a msn live account so we can interact 'faster' and pm you the detail. For now I will just give you the detail.

The yellow ema line on my charts are always 200ema.

Im wondering why skyline/others have a different feed.

Skyline/others if you are using FXCM UK can you please confirm your daily open line...
Good Morning Graeme,

I just sent you a note at your yahoo account. Looks like FF was down for a while. Here's my daily candle that began about 7 mins back.

Please give me a few mins to catch up on recent posts. I also mentioned a couple of hours on weekdays that I need to attend to my prior commitment in my email. Please advice.
Attached Image
Staying in my lane...
  • #2,527
  • Sep 20, 2010 6:19pm Sep 20, 2010 6:19pm
Hi all,

I am all caught up. Let's proceed.

EDIT: my FXCM/UK platform draws a new daily candle at 4pm pacific, 9am Sydney time just like Graeme. So we should have similar looking charts
Staying in my lane...
  • #2,528
  • Sep 20, 2010 6:23pm Sep 20, 2010 6:23pm
Quoting VEEFX
Hi all,

I am all caught up. Let's proceed.

EDIT: my FXCM/UK platform draws a new daily candle at 4pm pacific, 9am Sydney time just like Graeme. So we should have similar looking charts
Good morning, VEEFX

Im here as well.

In regards to your previous post. You can take trades from your own interpretation. I will only guide you when I believe something has happened that is very important.

Let us scan charts and see any price near 200ema. Im also interested in price that has recently pierced 200ema as well.

Sincerely,

Graeme
  • #2,529
  • Sep 20, 2010 6:23pm Sep 20, 2010 6:23pm
Quoting pipEASY
Good morning, all

VEEFX - Good morning. It is 07:18am here in Sydney. I will be here waiting for you. There is no need to rush.

I have decided to stay home today and dedicate the whole day to this endeavour.

I will create a msn live account so we can interact 'faster' and pm you the detail. For now I will just give you the detail.

The yellow ema line on my charts are always 200ema.

Im wondering why skyline/others have a different feed.

Skyline/others if you are using FXCM UK can you please confirm your daily open line...
Good idea Graeme. IM would be much more interactive and productive. I am already on gmail email/chat if you are planning on opening a new account.
Staying in my lane...
  • #2,530
  • Sep 20, 2010 6:30pm Sep 20, 2010 6:30pm
Quoting pipEASY
Good morning, VEEFX

Im here as well.

In regards to your previous post. You can take trades from your own interpretation. I will only guide you when I believe something has happened that is very important.

Let us scan charts and see any price near 200ema. Im also interested in price that has recently pierced 200ema as well.

Sincerely,

Graeme
Sure Graeme. would you like me to post my trades/interpretation as and when I take it or only after the fact? I scanned all my pairs and only EURNZD has pierced 200 ema.
Attached Image
Staying in my lane...
  • #2,531
  • Sep 20, 2010 6:39pm Sep 20, 2010 6:39pm
Quoting VEEFX
Sure Graeme. would you like me to post my trades/interpretation as and when I take it or only after the fact? I scanned all my pairs and only EURNZD has pierced 200 ema.
Please feel free to trade as you normally would.

Once you take a trade please take screenshot and post into thread.

Let us start with eurnzd then.

What do you think about this pair at the moment?
  • #2,532
  • Sep 20, 2010 6:47pm Sep 20, 2010 6:47pm
Quoting pipEASY
Let us scan charts and see any price near 200ema. Im also interested in price that has recently pierced 200ema as well.
http://i56.tinypic.com/2en8glv.gif

GBPUSD near H4 200ema.
  • #2,533
  • Sep 20, 2010 6:50pm Sep 20, 2010 6:50pm
Quoting tjfxtrader
http://i56.tinypic.com/2en8glv.gif

GBPUSD near H4 200ema.
Good morning, tjfxtrader

Excellent.

VEEFX - eurnzd and gbpusd. Lets write these 2 pairs down.

Let us all wait for VEEFX interpretation and anticipation of eurnzd. He is currently writing a post.

Sincerely,

Graeme
  • #2,534
  • Sep 20, 2010 6:53pm Sep 20, 2010 6:53pm
I like your willingness to accept instruction. You make a good candidate for this experiment. I'm very interested in following along and appreciate the detailed instruction Graeme. I have to admit curiosity is killing the cat. lol

EDIT: I thought EUR/CHF could possibly meet the criteria also. Maybe a little late now.
T
  • #2,535
  • Edited 7:02pm Sep 20, 2010 6:56pm | Edited 7:02pm
Quoting pipEASY
Please feel free to trade as you normally would.

Once you take a trade please take screenshot and post into thread.

Let us start with eurnzd then.

What do you think about this pair at the moment?
eurnzd pair has been ranging for past 4 days within a 110 pip range. top range is 7987 and bottom range is 7877. It has closed on the bottom range on past 4 H1 candles indicating strong support. Unfortunately there is only 48 pips room to go south and touch 200 ema and break. Better to wait and enter after it closed below 1.7877 price. If it does, I plan to enter short at 50% of that breakout bear candle.

working on editing my charts now... wanted to get this out first.
Attached Image (click to enlarge)
Click to Enlarge Name: 9-20-2010 4-49-48 PM.png Size: 45 KB
Staying in my lane...
  • #2,536
  • Sep 20, 2010 7:05pm Sep 20, 2010 7:05pm
Quoting pipEASY
starvin4pips - That is unusual. Not that is matters as everything is all relevant. Did you download from FXCM UK?
Um, actually I don't remember. When I first began trading I started with an FXCM US account, but can't remember if I re-downloaded the app when I switched to UK. At any rate, looks to be a moot point as Vee's daily candles are in sync with yours. So, off we go....

Kevin
  • #2,537
  • Sep 20, 2010 7:06pm Sep 20, 2010 7:06pm
Quoting VEEFX
eurnzd pair has been ranging for past 4 days within a 110 pip range. top range is 7987 and bottom range is 7877. It has closed on the bottom range on past 4 H1 candles indicating strong support. Unfortunately there is only 48 pips room to go south and touch 200 ema and break. Better to wait and enter after it closed below 1.7877 price. If it does, I plan to enter short at 50% of that breakout bear candle.

working on editing my charts now... wanted to get this out first.

Good work, VEEFX

Now an interpretation and anticipation on 1hr chart please.

Graeme
  • #2,538
  • Sep 20, 2010 7:09pm Sep 20, 2010 7:09pm
tjfxtrader -
Posted this earlier, but since you mentioned 200 EMA, thought I would show this again. Numbers in purple indicate, in pips, how far price is from the specified moving average. At the time I took this picture, only the price of the EURNZD was within 40 of the 200 EMA, at 38 pips. Included are 5, 10, 50 and 200 period EMA's. Chart timeframe is H4
Attached Image (click to enlarge)
Click to Enlarge Name: slot machine 09 20 10.gif Size: 9 KB
  • #2,539
  • Sep 20, 2010 7:17pm Sep 20, 2010 7:17pm
Quoting VEEFX
eurnzd pair has been ranging for past 4 days within a 110 pip range. top range is 7987 and bottom range is 7877. It has closed on the bottom range on past 4 H1 candles indicating strong support. Unfortunately there is only 48 pips room to go south and touch 200 ema and break. Better to wait and enter after it closed below 1.7877 price. If it does, I plan to enter short at 50% of that breakout bear candle.

working on editing my charts now... wanted to get this out first.
H1 timeframe interpretation
Attached Image (click to enlarge)
Click to Enlarge Name: 9-20-2010 5-12-35 PM.png Size: 48 KB
Staying in my lane...
  • #2,540
  • Sep 20, 2010 7:20pm Sep 20, 2010 7:20pm
Quoting johnsund
tjfxtrader -
Posted this earlier, but since you mentioned 200 EMA, thought I would show this again. Numbers in purple indicate, in pips, how far price is from the specified moving average. At the time I took this picture, only the price of the EURNZD was within 40 of the 200 EMA, at 38 pips. Included are 5, 10, 50 and 200 period EMA's. Chart timeframe is H4
Please STOP with your SPAM. If you can't share your indicators than don't post them. It is simply rude and in poor taste. You are like a kid with a new toy who show-off to his friends but won't let them play with it.
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