EUR/USD Bullish or Bearish? — You're probably right, the uptrend may continue. Fridays correction was in large part news related. This was afterall my first attempt at seeing a trade setup on a daily chart.

james16 Chart Thread

developing trade setup — Attached is the E/U daily chart, from about 5 mintues ago. I am interpreting this as bearish. Assuming I am right on the reading the last full pin bar as bearish, when would you jump into a short trade : 1. Is it ...

james16 Chart Thread

Whiners and doubters — I am new to this thread, kept seeing post in various other threads with some variation of "you must read james16"; from the begining I have never doubted that this is a sincere attempt to help people. Felt odd to see ...

james16 Chart Thread

Weekly Eye Candy — Something has to brighten each thread page, last week Amrita Rao did a great job, this week its Isha Koppikar.

Trading using Murray Maths and Price Action

Price action discussion continues .... — Baby001 : Thanks for your response. Yes what you say does make sense. The point I was trying to make was that the basic rules of volume based price action trading as shown in this example url were ...

Trading using Murray Maths and Price Action

keep both doors open — If possible, can you get extended leave from your job? Say, about a month? Tell them you need it for personal reasons, sick Aunt in Timbuktu or something a little more believable. If so, you have left that door open and ...

What lengths have you taken in trading

Seems plausible — I am new to this also, what you proposed as an explanation certainly seems like a possible scenario. Suffice to say there is a lot to learn about interpreting volume and price action. For now I am only entering trades when ...

Trading using Murray Maths and Price Action

Yuppie * ns_kathik — Thank you both for the feedback, in the quest for knowledge I find this kind of community co-operation invaluable. Attaching picture of a Bollywood beauty for the thread to enjoy, since Sneha has been missing for a while. ...

Trading using Murray Maths and Price Action

what does this high volume bar tell you? — Another question for you Karthik, See the high volume bar and the accompanying candle, the one with the rectangle around it. The candle, shows a price increase yet the closing price is much less than ...

Trading using Murray Maths and Price Action

There are four indicators attached to this post, VWAP-Open, High, Low and Close. What are the differences between them, and why four? Surely at any give TF isn't their only one way of calculating an average?

Trade Using VSA (Volume Spread Analysis)

I see my mistake — I took the trade looking at 1min chart, the one minute candle finished at on its high and was accompanied by the high volume. I posted 5 mins and that shows a better picture of developing trend. I noted your GBP/USD ...

Trading using Murray Maths and Price Action

5 min EUR/USD — Karthik, Please look at the attached 5min EUR/USD, the strong volume indicator (Red bar) I took to mean resumption of the bullish move. It went to 1.4220 range and then dropped down to 1.4150 range. Were there any sign that I ...

Trading using Murray Maths and Price Action

Better Volume v1.4 — For those that are still looking for this, the indicator is attached.

Trading using Murray Maths and Price Action

... and the umpteen combinations are learnt only through the school of hard knocks! Please keep posting different pattern scenarios that seem significant, the GBP/JPY example from last week was a great learning tool, whenever you get time that is

Trading using Murray Maths and Price Action

The second part of this thread name finally makes sense — The Murrey Math concepts were easy to grasp. But Price Action, what exactly did that mean? Well Karthik, with your explanation today on how to use Volume to determine trends has made ...

Trading using Murray Maths and Price Action

Well done — great trading!

Trading using Murray Maths and Price Action

Spoken like a true "ashik"!! ..... keep the pictures coming, I look forward to the daily dose of Sneha

Trading using Murray Maths and Price Action

The picture on the right looks like a different person, it probably because she isn't wearing the coloured contacts

Trading using Murray Maths and Price Action

Almost the same saying — An FX trader from Miami once told me, Trade what you see not what you think! Same idea and yes, each time I forget it, I pay the price.

Trade what you see NOT what you expect

I assume u meant 1.4721 - looks like its working for you!

Trading using Murray Maths and Price Action