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- Byn replied Sep 12, 2011
ZigZag Elliot Wave Indicator. — HI Traders, I am making a system based on Elliot wave, i am basing my count on fractals. If a opposite fractal is broken then that starts a new wave, the wave will only come to an end if the opposite fractal to ...
- Byn replied Jun 13, 2011
Hi Dave, You can use the indicator by hayseed on this thread for alerts when the price breaks a previous candles high / low. and you can use the indicator by Oksana17 to alert on a close above or below the previous candle on this thread. url ...
- Byn replied Aug 5, 2010
yeah it does work for me.. its basic price action of S&R.. Price did hit 76% fib.. and should now act as support... Yeah i day trade.. need the action, but still only in about 3-4 trades a day.. i dont really pick a direction that i only trade for ...
- Byn replied Aug 5, 2010
Hows this? 1) price is stalling 2) price has broken below up channel/trendline 3) Price has broken below previous candles low 4) price has hit a resistance level at 3218 5)Moving averages are slowly turning (Do not use MA's to enter position just ...
- Byn replied Aug 2, 2010
the bigger picture — Hi Ashraf & All, I trade a similar style to this on intra-day. I think your entry's are good in that you are either taking a reversals or break outs based on price action also you do this at times when the market is ...
- Byn replied Jul 3, 2010
[quote=d-Squared;3848858] Yeah the logic of the M and W arrow is very tricky. you will have to use a catch of the price close for the points in there somewhere. i can do logic code but the syntax is where ill fail.. maybe it will go somethink like ...
- Byn replied Jul 3, 2010
[quote=d-Squared;3848791] nice try with the indi.. its a bar out in most places.. add it to this indi and see.. Add this close dot indi on and also put the sr-kg support and res indicator on, put a 50ema , 200 ema on the chart. switch the chart to a ...
- Byn replied Jul 3, 2010
[quote=d-Squared;3848791] I think you got it.. heres a better example attached just incase anyone else is interested. It needs to have a mimimum of 5 points yes, but not 5 bars. it can be any number of bars depending where they close. ie. if they ...
- Byn replied Jul 3, 2010
Hey Aquaart, I see your trading on a similar style to me, and looking for a trendline indicator to go with the SKR horizontal indi. please let me know if you find it.. Byn
- Byn replied Jul 3, 2010
[quote=d-Squared;3848722] Haha no worrys dude.. You did enough and got the ball rolling.. thanks again.. anyway back to how i trade the S&R with the MW close system. ok look at how a W is drawn. It comes down (must hit resistance), it goes up to a ...
- Byn replied Jul 3, 2010
I Know exactly what you mean here, they do become less useful. but I wouldn't say that they are useless. As the red lines were once support, when broken even though they are going up they can and still do act as resistance, however i do belive the ...
- Byn replied Jul 3, 2010
[QUOTE=aquaart;3848514]Hey Guys, I use a very similar idea.... This is my MTF Fractal indicator picture shows. Fractals become bigger and darker edged as the timeframe of the fractal increases. There are better ways of placing the fractals object ...
- Byn replied Jul 2, 2010
Hi D-Square- I Appreciate your help with the fractal indicator. As you can program it would be good to team up with someone to help me with my trading Ideas/strategy's. obviously if you think there shit then you can just say im not wasting my time ...
- Byn replied Jul 2, 2010
Hey thanks for trying. At least we can use the 4hr and just zoom in, maybe not scale down the chart quite yet.. yeah i had a look at the 15 min. and did a screen shot.. not sure if the lines from indi are correct but it would have picked todays ...
- Byn replied Jul 2, 2010
Oh thanks David.. Top man, I just checked the post.. I know it looks a mess, but add the indi and then drop down the charts and you will find something interesting.. use this with support from horizontal S&R and I think we maybe on to a winner ...
- Byn replied Jul 2, 2010
Haha are you using that indi?? only use that as a guide mate.. What I then do is zoom in and see what the price action will do at that level. It will help in times like this as you need the upper trend line channels for resistance.. Good luck to ya
- Byn replied Jul 2, 2010
yeah i dont think its that bad. only missed out by -24k but the unemployement rate dropped by .3% multiply that by the population of USA and thats surly better than -24k jobs??? anyway how is it that the economy lost 124k in jobs but the ...
- Byn replied Jul 2, 2010
Currency Impact Actual Forecast Previous USD Unemployment Rate 9.5% 9.8% 9.7% USD Non-Farm Employment Change -125K -106K 431K USD Average Hourly Earnings m/m -0.1% 0.1% 0.3% Well 2 out of 3 is bad enough!! but the unemployment rate is down by .3%
- Byn replied Jul 2, 2010
Funnily enough I too have noticed this. Im expecting this to go down, but im not putting my money on it till after the spike. Even if the report is bad I still think that it will go down as its most likely already priced in. I think only a terrible ...
- Byn replied Jul 2, 2010
Stuff it.. Heads I go long and Tails I go short!!!! Who's with me.. lol