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Trading using Murray Maths and Price Action

  • #2,321
  • Jan 19, 2012 2:42pm Jan 19, 2012 2:42pm
Fantastic posts VennD. Great to see others doing well with Murrey Math.

A pip is only worth it if you know how much you risked to earn it
  • #2,322
  • Jan 19, 2012 4:27pm Jan 19, 2012 4:27pm
aud/cad 1h

Follow up on post # 2316.
Attached Image (click to enlarge)
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  • #2,323
  • Jan 19, 2012 5:05pm Jan 19, 2012 5:05pm
gbp/cad 30m ... probabilities ...
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  • #2,324
  • Jan 19, 2012 5:24pm Jan 19, 2012 5:24pm
Quoting VennD
E/U same case as cable .

E/U 1h tf - long @ (-2/8)P , temporary locked w/short @ (8/8)P to secure +306 pips.

edit : Looking fwd to test 1.31xx .
Hi, VennD. Interesting thread. Please could you explain if you're using any different Murray setting and so your -2/8 level didn't move/change after time and such a strong move? I don't use MM much because the levels can change easily so what might seem like -2/8 now can easily become 1/8 a few hours later. How do you do that? Thanks.
  • #2,325
  • Edited 6:28pm Jan 19, 2012 5:32pm | Edited 6:28pm
Quoting Oshawa
Hi, VennD. Interesting thread. Please could you explain if you're using any different Murray setting and so your -2/8 level didn't move/change after time and such a strong move? I don't use MM much because the levels can change easily so what might seem like -2/8 now can easily become 1/8 a few hours later. How do you do that? Thanks.
No difference with the others. here also move/change. ( look at # 2320 , 1st and 2nd charts ).
  • #2,326
  • Edited 7:14pm Jan 19, 2012 7:05pm | Edited 7:14pm
Quoting VennD
usd/cad 5m scalp ... probabilities ...
touched ! closed two and maintain one @ BE+1. (sign off).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad_5m_077.gif Size: 25 KB
Click to Enlarge Name: usdcad_5m_088.gif Size: 25 KB
  • #2,327
  • Edited 3:52am Jan 20, 2012 3:44am | Edited 3:52am
Quoting VennD
... sucking usd/chf's traders money ... murrey math combined with the ..." skunk rider's " technique...
usd/chf 4h

follow-up from post # 2306, .... before and after.

revised long position and locked it @ BE+5 , maintain short position.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchf_4h_011.gif Size: 27 KB
Click to Enlarge Name: usdchf_4h_022.gif Size: 27 KB
  • #2,328
  • Edited 4:26am Jan 20, 2012 4:22am | Edited 4:26am
Quoting VennD
... E/U 1h tf - long @ (-2/8)P , temporary locked w/short @ (8/8)P ...

edit : Looking fwd to test 1.31xx .
e/u 1h

closed previous short @ BE+1,

revised the short position and locked it @ BE+5 ,

... maintain long position .

charts - before and after. ( follow-up on post # 2315 ).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd_1h_022.gif Size: 28 KB
Click to Enlarge Name: eurusd_1h_033.gif Size: 30 KB
  • #2,329
  • Jan 20, 2012 5:05am Jan 20, 2012 5:05am
Quoting VennD
long cable @ 1.5235 , temporary locked with short @ 1.5480 w/ BE+1 (too near to PA) ...
gbp/usd 1h ... follow-up post # 2314.

Closed previous short @ BE+1 , revised short position ( w/BE+1 ).

maintain long position , ... and looking forward to test 1.5533 and above.

charts - before and after.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd_1h_022.gif Size: 25 KB
Click to Enlarge Name: gbpusd_1h_033.gif Size: 28 KB
  • #2,330
  • Edited 5:32am Jan 20, 2012 5:26am | Edited 5:32am
aud/chf 1h

charts - before and after.

entered long w/BE+1 , ... and maintain short position.

p/s ... am taking a short break ... will update some more ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf_1h_011.gif Size: 22 KB
Click to Enlarge Name: audchf_1h_022.gif Size: 22 KB
  • #2,331
  • Jan 20, 2012 5:29am Jan 20, 2012 5:29am
Quoting VennD
aud/chf 1h

charts - before and after.

entered long w/BE+1 , ... and maintain short position.
Question for you:

How do you alter your analysis/rules when the lines change fractal values.
I know that PA does this to the indicator, but this is also in the original Murrey Math rules.
A pip is only worth it if you know how much you risked to earn it
  • #2,332
  • Jan 20, 2012 6:23am Jan 20, 2012 6:23am
Quoting vlady1974
Question for you:

How do you alter your analysis/rules when the lines change fractal values.
I know that PA does this to the indicator, but this is also in the original Murrey Math rules.
Usually 1h tf and below are always changing. Follow the updated lines. As for target follow the earliest if you may wish. 4h and above seldom change unless there're big moves.

BTW ... why must I tell you everything that I know ? My job is not to tell you anything ... but ... to take your money away from you

You might want to learn only from the posted charts. Thank you.
  • #2,333
  • Jan 20, 2012 6:37am Jan 20, 2012 6:37am
Quoting VennD
eur/cad - I think there're some more bananas up there.
eur/cad 1h

short w/BE+1 , ... and maintain long position. Looking forward to test some more bananas up there ...

charts - before and after.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcad_1h_022.gif Size: 31 KB
Click to Enlarge Name: eurcad_1h_033.gif Size: 41 KB
  • #2,334
  • Edited 4:01pm Jan 20, 2012 2:17pm | Edited 4:01pm
usd/cad 5m tf - scalp.

follow-up on post # 2326.

locked it with a short until market over-ride any of those positions ... next week.

charts - before and after.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad_5m_088.gif Size: 25 KB
Click to Enlarge Name: usdcad_5m_099.gif Size: 22 KB
  • #2,335
  • Edited 2:29pm Jan 20, 2012 2:28pm | Edited 2:29pm
eur/usd 1h

profit locked with short until next week ...
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  • #2,336
  • Edited 3:00pm Jan 20, 2012 2:53pm | Edited 3:00pm
gbp/usd 1h

how can it slipped like that ... like a snake ... passing through all those lines.

I think this one is not ready to be shorted ... some more prices need to be executed up there ...

anyway... shorted it ... just for ... temporary locking what is mine ...
Attached Image (click to enlarge)
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  • #2,337
  • Jan 20, 2012 3:21pm Jan 20, 2012 3:21pm
audcad 1h

this one ... I saw a signal candle (30m tf) @ 1.0621 that it requested to only me to standby ... to sell ... but this signal came from lower tf ... so I think ... a short scalp (down retracement).
Attached Image (click to enlarge)
Click to Enlarge Name: audcad_1h_044.gif Size: 25 KB
  • #2,338
  • Edited 3:49pm Jan 20, 2012 3:45pm | Edited 3:49pm
Quoting VennD
... slaughtering some of aud/usd traders would be a good idea ...... give them some hints ... see if they are smart ...
... blu bla ... blu bla ... what are they talking about !

... don't see it coming ... murrey math is on the way to slaughter 'em

... locked short @ BE +5 , maintain long position @ 1.0065 .
audusd 1h

I think she is still hungry . Don't they see that skunk's eyes looking upward ? ... probably some of those traders who likes to short aussie are dead by now. Good !

I short scalp it with a purpose ... next week maybe new chapter begins or ... just a down retracement coz some baboons (big guns) might be on standby some where to sell.

charts - before and after ( refer post # 2307).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd_1h_011.gif Size: 22 KB
Click to Enlarge Name: audusd_1h_022.gif Size: 25 KB
  • #2,339
  • Jan 20, 2012 4:15pm Jan 20, 2012 4:15pm
I will post some more later in the day ... Im lazy to talk about Murrey Math and Price Action.

You need to goggle them else where then ... you will understand what those lines means and what to do.

Lets have a rest ...
  • #2,340
  • Jan 20, 2012 4:17pm Jan 20, 2012 4:17pm
Quoting VennD
audusd 1h

I think she is still hungry . Don't they see that skunk's eyes looking upward ? ... probably some of those traders who likes to short aussie are dead by now. Good !

I short scalp it with a purpose ... next week maybe new chapter begins or ... just a down retracement coz some baboons (big guns) might be on standby some where to sell.

charts - before and after ( refer post # 2307).
Hi, as I mentioned yesterday that I just found this thread 1 day ago. Been going through your charts and your entries seem pretty amazing. I wonder on average how long you hold a trade or your just hold it until top levels of MM on higher timeframe (like 4H since you seem to be trading/showing 1h charts)? I am curious because like in this aussie chart it shows that you held your trade through deep retracements since your entry nearly 4 weeks ago. I tend to find it very uncomfortable holding trades through all the fluctuations. Do you hold trades for a specific target through a mechanical system or just using MM levels to exit? I hope the question would not bother you too much. Thanks.
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