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Noise free system

Quoting nunez1
{quote} are the settings the same for all the tf ? P 256
I use Murrey 256 for all timeframes except the 1 min which I use Murrey 1024, other numbers can be used once you master the art of using MurreyMaths but for now a constant 256 will be good enough to give you the basic understanding
2 charts showing how I look at Range eur-usd wkly and daily, do not forget NFP today
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Its boring waiting for NFP so I will just put up those Aud-Usd charts but this time I have add just the faster HA from Mizi
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Quoting OAPDave
Its boring waiting for NFP so I will just put up those Aud-Usd charts but this time I have add just the faster HA from Mizi {image} {image} {image} {image}
If mizi123 dont mind I have a question about MM Lines


First of all thanks OAPDave for bringing MML to this thread!

1. My question is - so to make it simple and clear in Murray Maths Lines we are looking at +1/8 and -1/8 Octaves in MTF aspects of price to either go respectively short or long because there we have around 95% chances for successful trade if price went there for first time? It really looks like a clear road map!!

2.Are there any other directions to other octaves so easy to apply like in the example I mentioned above?

3.Can you say something about BigTimes and SonicR indicators on you charts as well? They look like volumes,can you explain how do you interpret them?

Hope not to many questions at once


Big Thanks to OAPDave again and Green Pips to Everybody!!
P.s

As I was writing earlier post EG on 1m went down from +1/8 and almost hit 6/8

entering on fast HH second white candle could of brought 10-14 easy quick pips

my english not perfect
Quoting Forexior
{quote} If mizi123 dont mind I have a question about MM Lines First of all thanks OAPDave for bringing MML to this thread! 1. My question is - so to make it simple and clear in Murray Maths Lines we are looking at +1/8 and -1/8 Octaves in MTF aspects of price to either go respectively short or long because there we have around 95% chances for successful trade if price went there for first time? It really looks like a clear road map!! 2.Are there any other directions to other octaves so easy to apply like in the example I mentioned above? 3.Can you...
Thanks for the question, all levels can be traded but some are better than others, the 3/8th -5/8ths level is classed as the normal trading range, so a breakout from there is another area to look for a trade but you have to be careful of false breaks, just think of these levels being rungs on a ladder, if you look at the video that Mizi put up you can see patterns, up a couple of steps down one etc for a retest, Big Times is just a Mt4 indicator that shows me the range of the candle, its an old one think they have better ones now, I just use it as a visual clue how the day is going, Just use volume much the same way to check if there is extra volume coming in on a bar, hope that helps a little
Quoting OAPDave
{quote} Thanks for the question, all levels can be traded but some are better than others, the 3/8th -5/8ths level is classed as the normal trading range, so a breakout from there is another area to look for a trade but you have to be careful of false breaks, just think of these levels being rungs on a ladder, if you look at the video that Mizi put up you can see patterns, up a couple of steps down one etc for a retest, Big Times is just a Mt4 indicator that shows me the range of the candle, its an old one think they have better ones now, I just...
You have start to express your self these is what members here are locking fore Dave
Guys what i see entryes opened in 15 m Time frames with 30 pips SL working so fine..... i work on finding perfect risk area because reward is very easy
AUD/USD today ...
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Quoting mizi123
{quote} You have start to express your self these is what members here are locking fore Dave
Not sure what you mean, there is a very good post from Xcalibur and a video that you put up, I am giving examples and answering questions, am not ever going to give trade entries, no one will ever bother to learn anything if I do that and beside that the entry and exit is your method, what more do you want perhaps a few more charts would help from the guys and then we all comment on them good or bad
Here is your trade on 15min, what comments do you want me to say, your now entering the normal trading area ? and NFP soon
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Quoting OAPDave
{quote} Thanks for the question, all levels can be traded but some are better than others, the 3/8th -5/8ths level is classed as the normal trading range, so a breakout from there is another area to look for a trade but you have to be careful of false breaks, just think of these levels being rungs on a ladder, if you look at the video that Mizi put up you can see patterns, up a couple of steps down one etc for a retest, Big Times is just a Mt4 indicator that shows me the range of the candle, its an old one think they have better ones now, I just...
Thanks for the reply OAPDave,

like you said -- xcalibur post + video + mizis123 Noise free system- combined look powerful if only interpreted right

gotta practice now

thank you mizi123 for your simple system and all you guys for keeping this thread so informative


Green pips to everybody!!
Quoting Forexior
{quote} Thanks for the reply OAPDave, like you said -- xcalibur post + video + mizis123 Noise free system- combined look powerful if only interpreted right gotta practice now thank you mizi123 for your simple system and all you guys for keeping this thread so informative Green pips to everybody!!
No problem my friend perhaps you could post a few charts to give us all encouragement as to how you go
By the way i have strated to track my trades closley too see what works what not!! Maybe you say late but better late then never
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I like these thing from instaforex simple tool for calculating pips sl-tp and managing trades
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Below are EU m15,H1 and D1 charts

on m1,m5 and m15 EU is little above -1/8 octave but on h1,D1 it just crossed 4/8 from top.
Does it mean I should go in Long based on short time frames or wait till it clears out with major res/support level on H1,D1 which is 1.07422?

Is it too late since I missed -2/8 entry?

Thanks
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My mistake - m1 wasnt at -1/8 octave - sorry
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Quoting Forexior
My mistake - m1 wasnt at -1/8 octave - sorry {image}
Have you answered you own question ?, me I am as far from the screen as I can get during NFP do not need the stress. Daily 4/8ths is what it is a equal balance point you have to see it tested to see if it is resistance or support, that said range just might give you clues
Quoting OAPDave
OK lets have a look at this one for a quick scalp reverse, check the Daily range, I will try and answer you questions on 1 condition that you post a suitable chart Aud/Usd check the Murrey Octave price line as we zoom down, never taught any one anything before so make allowances and I am not a guru {image} {image} {image} {image}
Thanks Dave for taking the time and going out of your comfort zone. It's much appreciated.
Quoting OAPDave
Here is your trade on 15min, what comments do you want me to say, your now entering the normal trading area ? and NFP soon {image}
Thanks Dave for the charts.

Some of us [like me ] are little slow to learn. Murrey lines looks like a powerful concept, and would need some time to absorb the essence of the mentioned video and the posts by Excalibur. For delayed response to your charts or not asking of any further doubts, kindly do not interpret it as a lack of response.

I really appreciate your contribution...

Thanks
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