Murry Math Lines and Price Action

This is a discussion on Murry Math Lines and Price Action within the Forex Net Trap forums, part of the Specialists' Corner category; Originally Posted by stevepatt For anyone interested here's a pdf of Mark Douglas book Trading In The Zone Just finished ...

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Old Dec 7, 2011, 8:43pm   #73
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Re: Murry Math Lines and Price Action

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Originally Posted by stevepatt View Post
For anyone interested here's a pdf of Mark Douglas book Trading In The Zone
Just finished reading the hardback version...well worth the read!
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Old Dec 8, 2011, 4:19pm   #74
 
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Re: Murry Math Lines and Price Action

stevepatt started this thread Took this short trade on GU, missed the big move but caught the corrective move.
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Old Dec 9, 2011, 2:31pm   #75
 
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Re: Murry Math Lines and Price Action

stevepatt started this thread There was a strong move from a supply level, it was a bar with no wick top or bottom, so entered long straight from the open of the next bar set a 10 pip SL and took 40 pips TP just short of another supply level.
Also took a short trade after a bearish pennant formed entered short when market was reluctant to move higher and at a big RN set a 10 pip SL and 15 pip TP
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Old Dec 11, 2011, 10:31am   #76
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Re: Murry Math Lines and Price Action

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Originally Posted by stevepatt View Post
For anyone interested here's a pdf of Mark Douglas book Trading In The Zone
Thanks Steve, I've heard good things about this book so I'll read it with great interest.
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Old Dec 12, 2011, 9:05am   #77
 
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Re: Murry Math Lines and Price Action

stevepatt started this thread Took this short trade after bearish momentum and entered on retrace to lower Keltner line. Set a 10 pip SL and 15 pip TP I moved the SL to +2 after market had moved +10 pips.
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Old Dec 12, 2011, 10:58am   #78
 
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Re: Murry Math Lines and Price Action

stevepatt started this thread Took another short trade after more bearish momentum, entered when retrace failed to break lower Keltner line. Plan again was for a 10 pip SL and move to +2 after market moves to +10 but didn't get the chance it moved so quick.

I really like this method of trading it's giving me well defined entry signals I'm going for at least a 1:1.5 RR.
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Old Jan 5, 2012, 8:28pm   #79
 
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Re: Murry Math Lines and Price Action

stevepatt started this thread The market keeps moving in "predictable" waves day after day I just try to trade PA and momentum as close as possible to the different levels. These levels are the major MML, Monthly, Weekly, Daily, 4 Hour and 1 Hour.
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Old Jan 5, 2012, 10:36pm   #80
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Re: Murry Math Lines and Price Action

hi Steve - just started to read this thread. looks like you've done some great work here. i'm going to read through the MML pdf, then finish off reading the thread whilst checking the charts - i'll probably be coming back to ask you some questions. keep up the good work, as you said, it is like a trading diary for you.

a quick question, and tell me to mind my own business if you like. are you winning or losing with the MML system?
ATB
KQ
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