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Trading using Murray Maths and Price Action

  • #2,541
  • Edited 11:09am Feb 8, 2012 10:24am | Edited 11:09am
usd/cad -

(sign off)
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  • #2,542
  • Edited 5:10pm Feb 8, 2012 4:31pm | Edited 5:10pm
Quoting VennD
nzd/usd 15m.
High = Close = 0.8376
Open = 0.8367
Low = 0.8366

What does that mean to you ?
nzd/usd - Finally ... it went down from above that signal candle.

NZD - Employment Change q/q : 0.2% <0.4%> ---> 0.1%
NZD - Unemployment Rate : 6.6% <6.5%> ---> 6.3%

Selling NZ Dollars on all NZD related pairs. However , the signal candle came from lower tf (15m) so it means ... short scalp only. I don't know how many pips it might go down.

U might be late thou , so be extra careful if you just started to short it because my long from 0.7659 in nzd/usd is targeting/projecting 0.8477 to be touched.

good luck !
  • #2,543
  • Edited 5:15pm Feb 8, 2012 5:01pm | Edited 5:15pm
nzd/cad Confluences ...

1) Touched TOP of ascending channel / TL.

2) Price between MMath 6/8th and 7/8th lines being rejected.

3) Near to Fib 561.8% (0.8276-0.8260)

Shorted (scalp) w/BE+1 .... ( Probabilities ).
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  • #2,544
  • Edited 6:35pm Feb 8, 2012 6:16pm | Edited 6:35pm
Quoting VennD
E/U - Another 100 pips to go . Greece, etc matters ... slow down its moves.

edit : Projected to touch 1.3336
E/U - Greek made fun of me , so ... I shorted it

Short scalp w/BE+1 .

edit : added white fib for projecting down retracement.
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  • #2,545
  • Feb 8, 2012 9:08pm Feb 8, 2012 9:08pm
Quoting VennD
G/U - Still shy by 7 pips to 1.5888 . wtfx !

edit : Earlier objective is to touch 1.5888
G/U - Look for yourselves what are the confluences that I used to short it.

Short scalp only thou w/BE+1 . Maintain long @ 1.5235 .
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  • #2,546
  • Feb 8, 2012 9:29pm Feb 8, 2012 9:29pm
gbp/cad 4h.
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  • #2,547
  • Feb 8, 2012 9:40pm Feb 8, 2012 9:40pm
usd/jpy 4h
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  • #2,548
  • Feb 8, 2012 9:58pm Feb 8, 2012 9:58pm
eur/chf 4h
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  • #2,549
  • Feb 8, 2012 10:14pm Feb 8, 2012 10:14pm
Quoting VennD
E/U - Greek made fun of me , so ... I shorted it

Short scalp w/BE+1 .

edit : added white fib for projecting down retracement.

for EU 1.3205 might be capped you can take TP over there for intraday but if your BE+1 holds then any ways good technicals used for the entry
finding A M S
  • #2,550
  • Feb 8, 2012 10:14pm Feb 8, 2012 10:14pm
usd/chf 4h - Long scalp w/BE+1 . Maintain short @ 0.9577 .
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  • #2,551
  • Edited 10:26pm Feb 8, 2012 10:18pm | Edited 10:26pm
Quoting prashant7
for EU 1.3205 might be capped you can take TP over there for intraday but if your BE+1 holds then any ways good technicals used for the entry
I prefer the later ,... because ... I have so much hope on euro dollars (kidding here )

I think it can go more higher. ECB might do 'something' later in this year. When ? What ? How ?

Im afraid you'll have to appoint me as ... ECB's Director
  • #2,552
  • Feb 8, 2012 10:22pm Feb 8, 2012 10:22pm
Quoting VennD
usd/chf 4h - Long scalp w/BE+1 . Maintain short @ 0.9577 .
So you also had that Fib level fan of monthly on your mind for shorting usdchf and longing eurusd ' great ' but i doubted about that fib fan line this time around as greek was so close to default ' anyways was out of short positions and maintained neutral on this pair at that period of time ' so you had used it to a very good extent ' clever ha
finding A M S
  • #2,553
  • Feb 8, 2012 10:37pm Feb 8, 2012 10:37pm
Quoting prashant7
So you also had that Fib level fan of monthly on your mind for shorting usdchf and longing eurusd ' great ' but i doubted about that fib fan line this time around as greek was so close to default ' anyways was out of short positions and maintained neutral on this pair at that period of time ' so you had used it to a very good extent ' clever ha
I want to up it to 0.9383 but ... SNB doesn't approve it as of now ... maybe some other times ...

Anyway ... Im following wherever it goes.
  • #2,554
  • Feb 8, 2012 10:43pm Feb 8, 2012 10:43pm
Quoting VennD
I want to up it to 0.9383 but ... SNB doesn't approve it as of now ... maybe some other times ...

Anyway ... Im following wherever it goes.
how on the earth is it possible to have entry on every single chart you posted ' always picking ultimate tops and bottoms for buy N sell ' is it a small positions you maintain or you have pretty much margins available to experiment and prove it to be right
finding A M S
  • #2,555
  • Feb 8, 2012 10:51pm Feb 8, 2012 10:51pm
eur/jpy 4h

- There's a probability / opp to open short between MMath 6/8th - 8/8th lines.
  • #2,556
  • Feb 8, 2012 10:53pm Feb 8, 2012 10:53pm
Quoting prashant7
how on the earth is it possible to have entry on every single chart you posted ' always picking ultimate tops and bottoms for buy N sell ' is it a small positions you maintain or you have pretty much margins available to experiment and prove it to be right
I have been trading like this since ... I was 3 y/o
  • #2,557
  • Feb 8, 2012 11:05pm Feb 8, 2012 11:05pm
Gold 1h.

Once ... my nanny said to me ... " I do not believe ... there are people who can walk on the moon "
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  • #2,558
  • Feb 8, 2012 11:13pm Feb 8, 2012 11:13pm
Quoting VennD
I have been trading like this since ... I was 3 y/o
Good one ' N you know what it is '''''''''''''''''
finding A M S
  • #2,559
  • Edited 11:46pm Feb 8, 2012 11:33pm | Edited 11:46pm
Quoting prashant7


Good one ' N you know what it is '''''''''''''''''
If others can do it ... I can do it too

It's not equity thou .... few pips still in manageble draw down.
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  • #2,560
  • Feb 9, 2012 12:17am Feb 9, 2012 12:17am
Quoting VennD
If others can do it ... I can do it too

It's not equity thou .... few pips still in manageble draw down.
your be+1 got stopped out ' you could have booked it once the hourly closed around 1.3275 ' you saw it coming ? i realised this once h1 closed above 275 only and was much comfortable with longs at that point
finding A M S
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