## 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; I am still using MML but it's more for guidence than anything else.Took this long trade after getting momentum breaking ...

 Nov 29, 2011, 12:33pm #65 Joined Jun 2010 Re: Murry Math Lines and Price Action I am still using MML but it's more for guidence than anything else.Took this long trade after getting momentum breaking through resistance as I entered it took off, this is the big advantage of trading with the momentum and taking the impulse moves. The 5m momentum candle, that cleared resistance, created an engulfing candle on the 1h chart. I've got a lot to learn, it's having the desire to learn and expand your knowledge base that's important as a result I have been doing a lot of studying, of different things, to help me with trading price action because price action is the key to trading consistently in my opinion. Trading is a giant jig saw puzzle and it's a matter of finding all the pieces you need to make trading work for you, but what fits one person might not fit with someone else it's an individual journey. Attached Thumbnails
Nov 29, 2011, 9:58pm   #66

Joined Dec 2010
Re: Murry Math Lines and Price Action

Quote:
 Originally Posted by stevepatt I am still using MML but it's more for guidence than anything else.Took this long trade after getting momentum breaking through resistance as I entered it took off, this is the big advantage of trading with the momentum and taking the impulse moves. The 5m momentum candle, that cleared resistance, created an engulfing candle on the 1h chart. I've got a lot to learn, it's having the desire to learn and expand your knowledge base that's important as a result I have been doing a lot of studying, of different things, to help me with trading price action because price action is the key to trading consistently in my opinion. Trading is a giant jig saw puzzle and it's a matter of finding all the pieces you need to make trading work for you, but what fits one person might not fit with someone else it's an individual journey.
This is soooo true.... I couldn't agree more.....
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Nov 30, 2011, 6:20pm   #67

Joined Aug 2010
Re: Murry Math Lines and Price Action

Quote:
 Originally Posted by stevepatt I am still using MML but it's more for guidence than anything else.Took this long trade after getting momentum breaking through resistance as I entered it took off, this is the big advantage of trading with the momentum and taking the impulse moves. The 5m momentum candle, that cleared resistance, created an engulfing candle on the 1h chart. I've got a lot to learn, it's having the desire to learn and expand your knowledge base that's important as a result I have been doing a lot of studying, of different things, to help me with trading price action because price action is the key to trading consistently in my opinion. Trading is a giant jig saw puzzle and it's a matter of finding all the pieces you need to make trading work for you, but what fits one person might not fit with someone else it's an individual journey.
Hi Steve,

What is it that you have been studying (book, web, other?), I'm always keen to find out what else I can study to increase my PA knowledge. So it would be grateful if you could let us know what it is!

Cheers
Steve

Dec 1, 2011, 8:33am   #68

Joined Jun 2010
Re: Murry Math Lines and Price Action

Quote:
 Originally Posted by fwloop Hi Steve, What is it that you have been studying (book, web, other?), I'm always keen to find out what else I can study to increase my PA knowledge. So it would be grateful if you could let us know what it is! Cheers Steve
Hi Steve

I started out reading The Candlestick Course by Steve Nison about a year ago and that helped a lot with understanding candle patterns and what they mean, but understanding candle patterns is only a small part of PA.

I've been looking at Sam Selden for Supply and Demand levels FXstreet.com Live Sessions Archives: Supply and Demand Trading with Mechanical Indicators and Oscillators in the Forex Markets

I just do a search on Google for PA and then look for things that fit with me, such as TFs used and not using indicators I'm found no need to buy anything, apart from the Steve Nison book, it's all out there on the internet for free.
I've found candle patterns when combined with trading with the impulsive moves keeps you in line with the order flow.

 Dec 2, 2011, 7:37pm #69 Joined Jun 2010 Re: Murry Math Lines and Price Action This is a trade I took using some of the things I've learnt from the http://www.forexfactory.com/showthread.php?t=222822 thread. It's all about momentum and trading with that momentum and finding as much confluence as possible to strengthen the trade, the good thing about this method is it can be traded using any TF. Attached Thumbnails