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vlady1974 replied Jan 18, 2010Murrey Math and EMAs — Here are my charts. Take with a salt. I'm hearing the rumblings of Cadbury acquisition by Hershey as a potential Bank manipulation, so I'm approaching with extreme caution. Plus the pending news tomorrow; I don't think ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Hey that's a cool site. Good basics. I tried Googling for this, but found that it wasn't coming up. It was written way back when 1998-99? I remember seeing it then and it's what I learned most from. The language and examples are a bit dates, as ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Hi Meromar, I don't mean to sound mysterious or stand-offish, but Google will have to be your best friend, especially when researching Murrey Math. It was written by T.H.Murrey who has his own site and sells his material and software there. These ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Hey Chris, Great to see ya on here! I know you got another thread going on which I'll take a look at soon! Sorry to hear about the drawdowns..... i did one earlier this year on my 2nd day back.... stupid and silly mistake - wiped out $1000+..... ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Firstly it's so good to see some of the regulars from last year drop in. Secondly it's reassuring to hear the same message I posted earlier on this year which was received negatively I don't think we can ever stop the dull calls or posts, but we can ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Okay... I'm at work, but I can't keep away from FF
I think there is general consensus, reading some papers this morning that inflationary pressures are going to put interest rates up. Perhaps the start of intervention now will ease the £ ...Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010TP taken, I'm done! Good luck peoples, trade those plans but leave some beer money for the little guy! Adios!
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010My target is 6342 which is 7/8 of my frame. I choose this level and not the 100% 6352 cos... well previous observation says that 7/8 has fast reversals. My FX experience has been that with EMAs, it can guage whether it will take it out due to a ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010No worries. Murrey Math is a study of fractals. So don't get caught up if your 1M conflicts with your 5/15/30M. Hence why I start with Weekly/Daily to set direction. Also, the frame re-draws depending on price action. That can flip you out ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Hey BB, I'm starting to get your reasoning/charts! Or at least, reconcile it with mine
Here's another view of my 4H; 6471 is great price target. Have a good one!Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Murrey Math Indicator + Others — Here you go Mauro. Good Luck!
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Mauro, Hi! Go to my profile and check my posts.... I've uploaded it recently. Cheers!
Cable Update (GBPUSD)
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vlady1974 replied Jan 18, 2010Closed my Fri short. Based on 15M, going to take a short term 1-2 day view of this. 4H and 1H: Murrey lines shows major resistance at 1.63574 at [8/8] 30M and 15M: Murrey lines have 1.63574 also at [8/8], but in a lower TF this also provides price ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 16, 2010On the 4H.. according to my Murrey Math Lines, price around 1.64185 would signal a steep reversal down. Nice opportunity for a Short. Anything above 1.6448 would probably have enough strength to go higher to 1.6601. Still I wouldn't mind a reversal ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 16, 2010Hey Martin, Whatever happens... don't let anyone else's comments faze you. It's a lesson you had to learn and it's a "great" experience that all good traders are familiar with. It at least should get you thinking about what NOT to do next time
...Cable Update (GBPUSD)
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vlady1974 replied Jan 16, 2010I've just done the indicators as my template may not work for your screen etc etc. You'll have to adjust the FerruFx to get the widgets in the right section of your screen. Trial and Error :-) Murrey Math, I tend to set to 128... if that's too small ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 16, 2010Hey Bonus76.. is that for me? I'm on MT4, taken from IBFX. My setup is: a) a workspace template for every pair. b) AT PRESENT (likely to change) I have all timeframes: Weekly to 1M c) Each timeframe has a different combination of indicators for ...
Cable Update (GBPUSD)
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vlady1974 replied Jan 16, 2010Martin, take it from someone who has blown 2 accounts twice.
the discipline you are looking for doesn't need to be some aloof concept: Firstly, a) Stick to one pair for now. GBP/USD seems like the start you need. Dont trade any others as ...Cable Update (GBPUSD)