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MURREY MATH lines

by: sizabici
The Murrey Math system is not a crystal ball, but when implemented properly, it can have predictive capabilities. Because the Murrey Math rules are tied to the Murrey Math geometry, a trader can expect certain pre-defined behaviors in price movement and this makes Murrey Math lines from my own humbl...

Re: MURREY MATH lines

by: sizabici
An now lets see true things in action, trading and trying to understand as much as possible on how actually Murray Math lines works and how to use it. Attached it is a very well know drawing, but mostly ignored! Most probably there it is a reason :P We should take this graph representation into acco...

Re: MURREY MATH lines

by: sizabici
The trading sequence followed here for entry is the marked A,B,C. where C is the entry point and D the possible targeted area (line) TP
Murrey Math lines can change position and their attribute in time so you may be aware of this aspect as well if following and trading with it

Re: MURREY MATH lines

by: sizabici
Another beautiful trade but this time on the Hang Seng Index (HK50). Yes, you might be considering as well trading opportunities on CFDs also, but be aware. I just learned as well recently and it is an aspect that I would like to share: You can diversify your trading strategies across uncorrelated i...

Re: MURREY MATH lines

by: sizabici
How to deal with the repaint? Well, holy grails don’t really exist. It often takes traders some time to learn this lesson and there is no approach or indicator that will allow you just to cash in, no matter what the analytical method is being used. Trading is about probabilities and attempting to g...

Re: MURREY MATH lines

by: sizabici
Here is a simple code to plot the candlesticks in the NinjaTrader or eSignal style. After you apply this indicator, change the settings in Properties (F8) Bar Up/Down, Bull/Bear Candle to None and the color scheme "... on White". You'll have the candles displayed with the shadows (wicks) b...