EURUSD: it bounced again exactly from yearly pivot point (H+L+C)/3 at 1.1130. Looks like a major key level this year

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sorry for hair-splitting but it's important. Did you mean "the strength lines are always calculated for xPeriod & yPeriod periods". In my understanding the correct way to use your indicator with such hard coded time scale is to set yPeriod to the ...

As simple as possible: 00 level trading

sorry for your troubles, unfortunately my advice is late but anyway it's a good habit for the future to have a SD-card or USB flash drive always inserted into your laptop/desktop. Any online storage like Microsoft OneDrive or Google Drive will work ...

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EURJPY: The current zone at 116.70-117 looks like a good area to start a retrace. Descending channel line is right here, and it's around Fib-162 extension from last daily 2015 Apr-June leg up. And the whole PA looks like a long squeeze - parabolic ...

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Thanks for the prompt response! One more question. I don't see this indicator redraws the lines when I switch TF for the chart. For ex. on M15 chart I set this indi with yPeriod = 60, xPeriod = 1440 and I see 2 lines were drawn after some delay. ...

As simple as possible: 00 level trading

Hi Bubincka. Thanks a lot for your StrengthLines indicator. It looks very useful. I'm playing with its settings and I have some questions and suggestions for possible improvements or new features. 1. do you measure each currency strength against all ...

As simple as possible: 00 level trading

Hi guys. I'm learning this system. Thanks again to Udine for sharing it and to all contributors. Playing with M-Candles indicator I found that it might be useful to draw hi-low rectangles for high time frame vs. regular candles. The chart becomes ...

As simple as possible: 00 level trading

EURJPY: I see 122 is a major level for this pair coming from 2008, 2010, 2011, 2013 - please see weekly chart below. And it's exactly Fib-50 from last weekly leg up. It's broken recently (might be false broken). Since it's a very important level we ...

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Copying here some info from PM: Looking for mq4 source file for that indicator I found a very useful thread about triangle moving average(TMA) - with lots of such bands modifications. I think that bands indi is just somebody's name for it as it's ...

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GBPUSD: Brexit volatility is at full throttle but I think it's useful to monitor this pair. It's at 1.44 level again, technically it's still in uptrend and at low channel trendline(s) and 1.44 + Murrey median 4/8 + weekly TL still hold as ...

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Hi guys. It's time to celebrate - it's exactly 2 years from the 1st post of this great thread! Many thanks to Udine for sharing this system and to all contributors! I'm learning it now, hope to catch it up in the next couple of years )

As simple as possible: 00 level trading

GBPUSD was pushed lower and now it's again at that magic 1.44 number (btw it's Fib 144 number too ). It looks like a possible reversal area as it was already a couple of times (including mentioned 1.4378 level). GL looks well defined by itself and ...

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In my understanding those old levels from the past like 2003 are not so important for "big brothers" who own and move the fin.world. The round numbers like 1.0 might be more important for them to set the barriers via central banks. -- should we ...

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EURGBP too. I suspect the current level at .77 may work as a resistance and contain the new range for this pair. I had this zone marked in the past hoping it may be a GL candidate to bounce up and now we test it from the down side. I see this pair ...

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GBPUSD: I think we can add yearly and monthly pivots to GL confluence check list. For ex. last week and yesterday GU pair couldn't break 2015 year close level at 1.4733 and it bounced yesterday from 1.4565 which is 2015 low. EURUSD: it respects ...

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I see the current area as a possible reverse zone too. It bounced not from Fib-61.8 and both H4 MA 200 at 1.4485 (still it looks like these are respected) but from daily EMA 50, H4 TL and Murrey 5/8 at 1.4465. I wouldn't go long until I see it's ...

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AUDUSD: if it breaks the current resistance area at .7255 - .7265 I expect we may see a GL zone at .7310 - .7330 to look for a short entry. It's median area at Fib-50 and Murrey 4/8 as resistance from last leg up and Fib-23.6 from leg down, and H4 ...

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yea, today is the last day of May which is adding more volatility...

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GBPUSD: with the current long squeeze structure it looks very bullish for me, what do you think, Quinton and guys? The current area around 1.4600 looks as a good defined GL candidate for me and it looks respected. Plus it's Fib-50 from last leg up ...

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AUDUSD: looks like Fib-61.8 is broken and this pair may continue its downtrend. I see .7065 - 7100 as a possible area for a quick buy, it's very close to a super round number 0.7 so we may see it will be tested again with fake-breaks as it was ...

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