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- fontu replied Apr 5, 2009
Yes sure , after it reaches 150+ it should retrace substantially 141+ stated but may go down upto 138.18 easily & then u can place long , this week or the next or if reaches to 150+ and start down confirm can also place shorts.First continue UP & ...
Trading using Murray Maths and Price Action
- fontu replied Apr 4, 2009
Though we scalpers go with PA without any prediction but certainly some analysis may help understanding market moves . Just trying to understand GJ at it's presend status ( ? by this time market open may change a lot ) . using daily chart with SR ...
Trading using Murray Maths and Price Action
- fontu replied Apr 4, 2009
Excellent post Karthik and perhaps meet the experience of all traders just they even understand clearly what type of traders they are like & certainly do mostly as scalper & should reside on that side from now . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
Risky news time & surely market will get any direction or good up or down at least afterall Crazy friday today. fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
Welldone but not much kick with london open & almost directionless , take care at the next resistant 1.3458. fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
It will open just after 23 minutes . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
Time till London open is very cretical ,PA already moved UP & breaking UP 4/8MM in EU .should go much Up before if any fall ,carefull shorters. fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
In EU target (2nd) met 1.3401 =26 pips each and after retracement another short place tp 1.3397 /81 again .very risky again. But Up channel in M30 & H1 broken? at the bottom . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
I just determine trend by look of the chart ,PA moves from one corner to the other ,Up or down , smaller Tf minor trend , bigger Tf Major trend , trend inside trend inside trend ...nothing is absolute .. lots of space like in the vast space to go UP ...
Trading using Murray Maths and Price Action
- fontu replied Apr 3, 2009
4/8MM should consider broken as pa stays some times below & short tp 1 1.3411 but still risky this very cretical time PA at the bottom of the up channel & before london open . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
Yes if it reach & break this level & stays 15 minutes above this level then I will consider it breaks up this level & think about long and if fail to stay over 15 minutes & come down again and stays 15minutes below this level ,that is 8/8MM not ...
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
From post# 7. "so, u need to watch price action and ensure that the price stays below support or above resistance for atleast 15 mins before u could safely assume that it is broken...a lot of traders see a price spike beyond S & R and immediately ...
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
It retrace down a little for every MM line for most time , also in Overshoot levels ,actually they are +-1/8MM or -+2/8MM levels in red of the next cycle . trend does not follow MM ,it can go either direction as with PA .we just trade following MM ...
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
Just with london open most pairs reacted to UP though I do not trade GJ now still I see it also in uptrend in H4 & H1 . So U should not think shorts just by moved up , overshoot in M30 only. As I see H1 chart ,when if it will reach one SR at 144.52 ...
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
H1 with daily trend confirmation & target in mind from H4 but fine tuning from lowest Tf very often during scalping short pips. Thanks fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 2, 2009
scalping EU from 7/8MM till 4/8MM down. fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 1, 2009
I have very strong feeling that EU also going to tank very hardly ,4/8MM not so far 1.3284 after it failed to sustain UP expected for few days . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 1, 2009
That should be true, next big US news by 24 minutes & effect half hr at least.PA will not go against USD before that rather in favour a little , some shorts doing by this time .One should close every trade just before such big event except those ...
Trading using Murray Maths and Price Action
- fontu replied Apr 1, 2009
That should be true, next big US news by 24 minutes & effect half hr at least.PA will not go against USD before that rather in favour a little , some shorts doing by this time . fontu
Trading using Murray Maths and Price Action
- fontu replied Apr 1, 2009
Good pip hunting , did not sit properly today and when get time scalp only few pips at times with big lots ,very risky though but better than sitting most time calculating & experimenting . hope do some at this time. fontu.
Trading using Murray Maths and Price Action