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  • #781
  • Nov 8, 2012 8:27am Nov 8, 2012 8:27am
How I can post correctly a screenshot of a chart?

Thanks

Quoting JR97
Oh.. and to get 'square' for some time frames means either compressing the bars or spreading them out. Whatever fits the bill. That's just the nature of mt4's crappy scaling. It was a little easier when there were only 4 decimals. But 5 decimals pretty much destroys the built in 1:1 scaling.
  • #782
  • Nov 8, 2012 10:14am Nov 8, 2012 10:14am
Quoting Fabio69
How I can post correctly a screenshot of a chart?

Thanks
I use this:

http://www.wisdom-soft.com/products/...unter_free.htm
  • #783
  • Nov 8, 2012 10:30am Nov 8, 2012 10:30am
Thanks JR

Now I capture it using the tool. When I copy a paste on the thread , i do post reply , but the picture disappear ;-(


Quoting JR97
I use this:

http://www.wisdom-soft.com/products/...unter_free.htm
  • #784
  • Nov 8, 2012 10:39am Nov 8, 2012 10:39am
Post your image to imgur.com and then put the link here
  • #785
  • Nov 8, 2012 10:41am Nov 8, 2012 10:41am
Thanks, but I would like to do as JR ;-)

Ciao

Quoting Swamp Yankee
Post your image to imgur.com and then put the link here
  • #786
  • Nov 8, 2012 10:44am Nov 8, 2012 10:44am
Quoting Fabio69
Thanks JR

Now I capture it using the tool. When I copy a paste on the thread , i do post reply , but the picture disappear ;-(
Yeah, you need to do what swamp yankee said and post it to an image hosting server. The other option is to upload the image as an attachment to your post. There is a link in the bottom of the new post screen called 'Upload Attachments'.
  • #787
  • Nov 8, 2012 10:45am Nov 8, 2012 10:45am
Ok I copied it as attachment;-)

JR can you just tell me if i'm in the right direction (the picture it's EURUSD H1)?

IMO , if I'm right and the volume suport it , it shall be time to go long on EURUSD

Quoting Fabio69
Thanks JR

Now I capture it using the tool. When I copy a paste on the thread , i do post reply , but the picture disappear ;-(
Attached Image
  • #788
  • Nov 8, 2012 11:30am Nov 8, 2012 11:30am
Quoting Islander
Whilst all of us are familiar with the Fibonacci Sequence, few have heard of The Lucas Sequence - named after Edouard Lucas, the French mathematician whose work in the late 1800s was largely responsible for the upsurge in interest in Fibonacci.

The sequence - 4.7.11.18.29,47,61 etc seems to be more in tune with many market turning points than the more common Fibonaccis.

Now that I've found this thread I'll work up a few more examples and see if we can find some consistancy....I'm thinking that certain pairs / or times in the calendar may work...
hello islander
can you this indicator please ?
thank you very much in advance
  • #789
  • Nov 8, 2012 11:44am Nov 8, 2012 11:44am
Quoting Fabio69
Ok I copied it as attachment;-)

JR can you just tell me if i'm in the right direction (the picture it's EURUSD H1)?

IMO , if I'm right and the volume suport it , it shall be time to go long on EURUSD
Pretty colors. I have no opinion either way on whether to go long or not. That's up to you and your risk tolerance and trading style, and time frame.
  • #790
  • Nov 8, 2012 12:05pm Nov 8, 2012 12:05pm
JR
I meant if I'm in the right direction regarding the square range drawing ;-)

Ciao

Quoting JR97
Pretty colors. I have no opinion either way on whether to go long or not. That's up to you and your risk tolerance and trading style, and time frame.
  • #791
  • Nov 8, 2012 12:24pm Nov 8, 2012 12:24pm
Quoting Fabio69
JR
I meant if I'm in the right direction regarding the square range drawing ;-)

Ciao
Sure, why not. Like I said in a previous post.. there's really no right/wrong with it. You just need to play around until you something where price is reacting to the lines within the square. Then you know you've got a good fit.
  • #792
  • Nov 9, 2012 3:32am Nov 9, 2012 3:32am
It seems that my lines were holding ;-)

Bought at green arrow (first pullback on M15 and sustained by volume) and sold at red arrow ;-)
It's indeed all fractals

Ciao


Quoting JR97
Sure, why not. Like I said in a previous post.. there's really no right/wrong with it. You just need to play around until you something where price is reacting to the lines within the square. Then you know you've got a good fit.
Attached Image
  • #793
  • Nov 9, 2012 3:58am Nov 9, 2012 3:58am
Quoting egkid
2720 Touched ,I'm In
It keep bouncing ...
Well i need daily close above 1.2815 to feel ok for my plan
Catch u Later
  • #794
  • Nov 9, 2012 7:06am Nov 9, 2012 7:06am


http://content.screencast.com/users/...2012-11-09.gif
  • #795
  • Nov 9, 2012 10:19am Nov 9, 2012 10:19am
Wow. Anybody ever pay attention to the trader position data thingee? I understand everybody trades different time frames, risk amount, etc. but holy cow... long trade avg. price is 1.2965 and avg. short 1.2609? The euro pulled away from 1.2965 a week ago and quite a few pips ago. For those hanging on to shorts from 1.2609.. holy crap. They were waiting over a month and price is still 100 pips from that. And then look at the break down of winning trades vs losing trades per direction. Long is 73-937. Short is better at 422-483. So probably a lot of hedging going on. But still... that's a lot of pips in the minus to be sitting on in both directions.
Attached Image
  • #796
  • Nov 9, 2012 10:36am Nov 9, 2012 10:36am
Quoting JR97
Wow. Anybody ever pay attention to the trader position data thingee? I understand everybody trades different time frames, risk amount, etc. but holy cow... long trade avg. price is 1.2965 and avg. short 1.2609? The euro pulled away from 1.2965 a week ago and quite a few pips ago. For those hanging on to shorts from 1.2609.. holy crap. They were waiting over a month and price is still 100 pips from that. And then look at the break down of winning trades vs losing trades per direction. Long is 73-937. Short is better at 422-483. So probably...
I just browsed through the last 3 pages of the big EUR thread. Yeah, it makes sense on why there's so many losers. Years ago the smartest thing I ever did was get away from the large congregations of traders doing their trade by committee thing.
  • #797
  • Nov 10, 2012 12:57am Nov 10, 2012 12:57am
Quoting egkid
It keep bouncing ...
Well i need daily close above 1.2815 to feel ok for my plan
Catch u Later
Update
Still holding my long@2720
will b watching my Sunday candle close and depends on close will review my plan.
1.27 very critical point to me , So far no close under it.
  • #798
  • Nov 10, 2012 8:12pm Nov 10, 2012 8:12pm
So out of boredom today I whipped out, updated, and re-tuned the price natal forecast. In the chart below the green forecast was anchored to a high a ways back. But you can see how it's been pretty spot on catching the major highs and lows including the election news run up on the left there. I projected another forecast from the high of the election hump and ran it out and it synced up with the green projection and they both forecast Friday's high and low. I then projected the magenta forecast from Friday's high and it,too, has synced up with the green and magenta. All 3 are pointing to the same areas for a major low and then a high. Because the trend has been generally down for a while I'll only be looking to short.

http://content.screencast.com/users/...2012-11-10.gif
  • #799
  • Nov 10, 2012 8:48pm Nov 10, 2012 8:48pm
Nifty!
  • #800
  • Nov 11, 2012 10:04am Nov 11, 2012 10:04am
I get asked all the time to share my squaring indicator. That's not gonna happen anytime soon. I've also been asked a lot about scaling. Since setting squared chart relationships is a bit of a hassle in mt4 one option is to use shapes that don't require perfectly set shapes. Circles, squares, equilateral triangles, and even ellipses pretty much need squared charts or they don't look right and can be mathematically proportioned wrong even if you do get them to look right. So one easy fix is to just a triangle anchored to price at all 3 points. Then chart scaling doesn't matter at all. I wrote this up for a buddy of mine new to trading on another site:

The first step is find a pattern that can be easily measured with a triangle. Interesting thing to note about the chart is that the absolute center is the rocket move up. That was the election result projections making the news that Obama won. I posted a how I made some good money on that move above.

http://content.screencast.com/users/...2012-11-10.gif

The next step is to move that triangle to the next lowest low. I drew in vertical lines at certain points on the time line to watch for a change in direction. Those points are the apex points, the absolute center, and then the triangle bisect or mid points. I also watch for a change in direction when price enters the triangle, hits one of the boundaries, or exits the triangle. I highlighted with arrows where price changed directions at those things I watch for. (I didn't mark the two bounces off the bottom line there but those would have counted.)

http://content.screencast.com/users/...2012-11-10.gif

Then move the exact triangle again to the next lowest low and you can see the results.

http://content.screencast.com/users/...2012-11-10.gif

Now, all of that is fine and dandy in hindsight. You can clearly see how price reacts to points related to the same triangle played out in 2 different locations. But you don't trade the past. You trade the present. Just looking at the forward projection and there's no way to know what's going to happen. You just have to wait until price reaches one of those lines and take a chance that the previous patterns of behavior will maintain. Which they typically do.

http://content.screencast.com/users/...2012-11-10.gif



Also, I didn't draw in any horizontal lines, but you can draw in price targets at the price corners, triangle center, and angle mid-lines.
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