I thank you and Forexlion for your explainations. Your indie just might be more useful than the better volume and tickseperate volume combo I am staring at these days I'll do some more research on your indie.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Would you kindly summarize what your indicator shows? I have tried it out and it seems to show where more "transactions" are taking place for the day. How would that information be relavent if we don't know if it was buying vs. selling? Thx

Auslanco - GBP/JPY and GBP/USD (newstrade)

So "Dead Cat Bounce" as in temp move up before it continues back with the trend? That retrace could be a few hundred pips before a new downtrend is in play. GJ moves a hella lot

Auslanco - GBP/JPY and GBP/USD (newstrade)

Seems like a good move to me. It doesn't pay to sleep I missed my entry and it will probably go up a few hundred pips. If elliot wave concept holds out we are in last leg of ABC and it could go anywhere after that.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I am no elliot wave guy but didnt you miss label your waves? I would think we are in the ABC part right now with an A to B move.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Malcolmb14, Would you consider the pin bars the same as an up-thrust/down-thrust explained in MTM?

Auslanco - GBP/JPY and GBP/USD (newstrade)

looks like testing 145 on declining volume

Auslanco - GBP/JPY and GBP/USD (newstrade)

Malcolmb14 teaches a lot without actually teaching. I know my returns have doubled since I have been analyzing his posts. Great stuff from Malcolmb14, Jarroo, Traderjack, Mbqb11, James16, Raczekfx, and ns_karthik IMHO They have all shaped my ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks like volume is getting less on this up move. Maybe it will start falling

Auslanco - GBP/JPY and GBP/USD (newstrade)

If your channel is a fairly accurate then your price target will take about 12 more hours and a good entry will be about 4 hours away.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Even tho you are being lazy at least you helped me out by posting Malcolmb's tips

Auslanco - GBP/JPY and GBP/USD (newstrade)

Have to agree that the GBP/USD looks better, only because EUR/GBP looks like it is in a tight range market verse the uptrend GBP/USD is showing. GBP/USD will be against the trend so be nimble, if it breaks looking at 40ish to 200ish pips.

james16 Chart Thread

Great Tip Bundyraider! I will put that to use.

james16 Chart Thread

It is peoples' interpretation of the information they have that move the markets. Be it Fear, Greed, Ignorance, the market moves when the majority believe the price should be going one direction. The markets are a living breathing organism build up ...

james16 Chart Thread

Thank you sir

Trading using Murray Maths and Price Action

Karthik, I was wondering what your 50pips daily goal represents as a return on account size. I prefer to measure goals in this manner. My "guess" is that it is about 1.5%. Regards,

Trading using Murray Maths and Price Action

For the most part I manage my trades the J16 style of taking half off at 30ish pips and let the other half run or BE. It saves on the stress of the trade and keeps good mental health

james16 Chart Thread

Thats good to know

Trading using Murray Maths and Price Action

I am sorry Karthik, I didn't really understand your response. I hope you was being sarcastic when you said to put up a few indicators and learn a system in 5 minutes! I hope you understand, that I believe understanding market structure and trading ...

Trading using Murray Maths and Price Action

Hello again Karthik, I again wanted to thank you for your efforts here. Going through your thread I started working this MM method. From what I read you wait for a close over a MM level then go long or wait for a MM level to be tested then close ...

Trading using Murray Maths and Price Action