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miner
15-10-2007, 10:28 PM
Ok chaps will post my cunning plans here when I can and with a bit of luck won't get depth charged like a "U" boat,as always the same as shares MAKE YOUR OWN DECISIONS,posts will just be what I see or should that be think I see ?,anyways good luck.

Cheers
Miner

miner
15-10-2007, 10:47 PM
Ok past my bed time but if anyone cares to look the turn on eur/jpy today was on the 15min chart at 03.30 then same low at 03.15,so as said before was looking long so today was just watching for the pull back turn.

Once we get the turn then we just watch the u targets,through one onto the next etc,so have hit the U target on eur/jpy and eur/usd so now doing the sideways thing,if through this target onto the next.

If we get a roundy top down we go,but with a bit of luck it will hold or do a bit more while I'm fast asleep (nice dream anyway).


So got a very tight stop on eur/jpy and will see if I'm stopped or not in the morning,see what U targets there are in the morning,eur/usd is starting to look like a roundy top on the hourly so may be toast.

Cheers
Miner

miner
16-10-2007, 07:04 AM
Hmm the roundy top got me,should have jumped and gone short,O-well made a few pips.

Cheers
Miner

peat
16-10-2007, 10:47 AM
Quite some time ago I noted how how that book wrote about on the forums here (and the one I leant to you Paul (Fib application trading strategy) is some ways resembled the Miner 'U' method in that it played on fib retracements and these often resemble U's

So here is one , anticipating some sort of recovery in the NZD after falling fairly heavily overnite and hitting the 261 extension so theoretically it should U it back to the target green line in the mid 7670's ....


http://img165.imageshack.us/img165/6456/nzdusd30min16102007lx3.th.jpg (http://img165.imageshack.us/my.php?image=nzdusd30min16102007lx3.jpg)


hope you are well miner

miner
16-10-2007, 11:10 AM
Hi Peat sick as a dog I'm afraid,there was a nice U on eur/jpy this morning and it may now be doing a U back to this mornings low,arco has posted on it just as usual I look at it from a different angle.

Let me know how your NZD U goes.

Cheers
Miner

roddy
16-10-2007, 11:37 AM
Hi Peat,

Sorry didnt read your post until now Peat regard kiwi heading Northward,on Miner U trade/fib

have just exited at break even,not sure but might be seeing what Miner describes as a roundy top

cheers
roddy

arco
16-10-2007, 11:43 AM
Afternoon Miner

Sorry to hear that you are not feeling too well......trust you will soon be on the mend.

Interesting - if anyone has Heikin-Ashi on their charts it may allow you to see more defined 'U' shapes.

Heikin Ashi (Average Bar) is a technique invented by Dan Valcu (some people say it was invented by Yasuji Yamanaka) as a method of plotting the Japanese candlesticks, the technique aimed to display the trends more clearly and put aside the noise and choppiness.

This is the formula the technique use to modify the normal candlesticks:

xClose = (Open+High+Low+Close)/4
The average price of the current bar

xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2
The midpoint of the previous bar

xHigh = Max(High, xOpen, xClose)
The highest value in the set

xLow = Min(Low, xOpen, xClose)
The lowest value in the set


rgds -arco

miner
16-10-2007, 12:09 PM
Hi Roddy as I'm brain dead so shouldn't be playing I will ramble a bit.

A good example of a roundy top was last night on eur/usd,look from when we got the big green that broke us out of the sideways mess,then the hourly's get smaller as we hit our U target (resistance) we finish with a spinning top and down we go,you can see how well it was rounding off on the hourly's.

As I said last night my eur/jpy long was probably toast due to this as they were following each other,but if you look at eur/jpy hourly's at the same time it finished the hour with a rush and above the U target,so looked good to do more,but eur/usd was saying south.

So eur/jpy was a good set up to go long and get nailed,this is one of the advantages of watching my 4 pairs and knowing how they move in relation to each other,it also gives you the jump on moves if one goes before the other.

Also once a U has got to a certain point they usually hit the target even if then they get nailed on it (last night,although that was mild sometimes they go the other way at a great rate of knots),so often when it looks really good one way you should be looking the other.

So like last night on eur/jpy if the U is looking set then "wait" and go long on the pull backs along the way.

Nice looking U that one Arco



As usual hard to explain but hopefully of some help.

Cheers
Miner

roddy
16-10-2007, 12:31 PM
Hi Miner

Hay get well soon!
i think i am catching on,so last nite the big green on the Euro was the signal to go long on which ever pair you thought best.
and if there was no signal no trade?

cheers roddy

miner
16-10-2007, 12:54 PM
Yes to get on the move late but yippee it's going to plan if you already were on,and the signals where there for it,just using the hourly (I use all 4 time frames for this) look at the 4 candles before the big one on eur/jpy and the 2 before the big one on eur/usd,if you look to the left on both we were breaking previous highs with those candles(so small U targets on the way to the big one).

See eur/jpy and usd/jpy are about to finish the U I mentioned earlier,so same as a pair we talked about last week the big down overnight,the morning bounce,then back to test the low,so a 100 odd pips between the 2 U's,as a bit of a battle to get to this target may be a long off it(battle as in look at the tails on the 5min).

I try and keep it all very simple,so at the risk of sounding like I am on some good drugs one way I look at charts is waves,as in they just go up and down and flow like a wave.

Again hope that made some sense.

Cheers
Miner

peat
16-10-2007, 01:00 PM
yeh my increasingly tight stop got hit +10 for that kiwi trade .....
oanda said it spiked up to 7665 but I'm not sure if that was true or not. if it did then that was a clear failure and was a signal to get out in my opinion.

back to work for me.... get too distracted and get nothing done here at work !

miner
16-10-2007, 01:06 PM
Good stuff peat a win is a win,roddy I have just worked out different patterns my pairs do and then look for them,which is how I see things early in the move,and most of the time it works,usually have broken a rule when it doesn't but also no system is perfect.

Cheers
Miner

miner
16-10-2007, 01:46 PM
How do I post an imageshack chart,in I am PC dumb language please.

Cheers
Miner

miner
16-10-2007, 02:36 PM
Well roddy those tails turned it north by my U target 20+ pips so far,look at both eur/jpy and usd/jpy (5min) and you will see how they are going the same way so confirming each other.

Cheers
Miner

peat
16-10-2007, 02:38 PM
I do it this way

get your screen how you want it

Press Alt and hold it while you press Printscreen. Printscreen also works by itself.

Click Start\Run and type MSPAINT in the box (this opens the MSPaint progamme which may also be in your Start\Programmes\Accessories - opening it from here is the same)

In MSPaint I click Edit Paste - you will see the screendump
Then I save the file locally (File\SaveAs) giving it a name of my choice as a jpg (not as a bmp which it will default to) To change from BMP to JPG you need to change the Save As Type Field (just below where you name the file) to JPEG

Then I go to http://www.imageshack.us/ and click browse and select my local file and click host after I have considered whether I want imageshack to resize the file for me. At this stage the picture will be as big as your screen settings eg mine are 1280x1046 so this is a bit big so I click the bit where imageshack can resize to 800x600. Then imageshack will give you some links - choose the one for forums and paste that link inside the sharetrader post.

Arco recommends another picture hosting site.... but Imageshack works for me.

This site (sharetrader) also supports hosting your pictures but I find my pictures are too large for them so I have to do it this way.

miner
16-10-2007, 02:43 PM
http://img135.imageshack.us/img135/8102/methfq0.th.png (http://img135.imageshack.us/my.php?image=methfq0.png)

miner
16-10-2007, 02:47 PM
If anyone laughs at that chart I will take my toys and go home,ruff as free hand but I feel like death,ignore the cross hair line,the horizontal lines are the small to big U targets.

Cheers
Miner

miner
16-10-2007, 02:55 PM
http://img86.imageshack.us/img86/4929/meth1yn1.th.png (http://img86.imageshack.us/my.php?image=meth1yn1.png)

Ta for the help Peat,ok a tad better,the horizontal lines are the left hand U targets,roddy,the trendline at bottom is the early signal and the one on top at the end is the roundy top.

Cheers
Miner

miner
16-10-2007, 02:57 PM
And I forgot the top U target line,but easy enough to see where it goes.

Cheers
Miner

miner
16-10-2007, 03:06 PM
http://img86.imageshack.us/img86/6190/meth2zk8.th.png (http://img86.imageshack.us/my.php?image=meth2zk8.png)

Ok a bit better,these 2 charts are what I was looking at last night,and the last bit is today's U trades,if you look at usd/jpy it's the same for today's trades.

Cheers
Miner

roddy
16-10-2007, 03:12 PM
Hi Miner

been at work tho only have to work approx 4 hrs today,nothing wrong with the chart,in fact it appears you can do a lot more with it than my fxcm charts,

i have eur/jpy and usd/jpy on screen very nice,i think i may have missed this one,
is your target for usd/jpy 117.45

cheers roddy

miner
16-10-2007, 03:35 PM
Hi roddy yep trade is done or best bit is,put a trend line on 5min on eur/jpy and usd/jpy,breaking it now,was just trying to post my 4 chart set up for the move.

And yes that is-was my U target and 166.84 for eur/jpy,but getting messy so if on tight stop or jump,it's getting that sideways messy look about it.

So today a bounce U for 50 odd back to low for 50 odd and this one for 30 odd pips,cant sort all charts to post at one go so will do one at a time for eur/jpy to show you this last trade,keep in mind drew lines a while ago as been trying to sort to post.

Cheers
Miner

miner
16-10-2007, 03:51 PM
http://img136.imageshack.us/img136/6448/rod1sh9.th.png (http://img136.imageshack.us/my.php?image=rod1sh9.png)

http://img144.imageshack.us/img144/3374/rod2ox9.th.png (http://img144.imageshack.us/my.php?image=rod2ox9.png)

http://img81.imageshack.us/img81/7045/rod3nk2.th.png (http://img81.imageshack.us/my.php?image=rod3nk2.png)

Let me know what you think.

Cheers
Miner

arco
16-10-2007, 04:07 PM
Thats interesting Miner...............

We have both traded the same move using different techniques.....
......................Gartley for me - U for you. (See the ALERT thread).

As a point of interest do you exit when the TL is broken?

rgds - arco

roddy
16-10-2007, 04:16 PM
Hi Miner,

the results speak for themselves very impressive,a simple system with well defined entry on the 5 min and equally once its done its thing you are out or ride it back down.
nice

roddy

miner
16-10-2007, 05:13 PM
Hi Arco as a general rule yes,this trade also had that messy sideways look to it which it has done,if like last night on eur/jpy it's looking good for a target I don't let a spike down (with the candle in question say 5min finishing ok) take me out,ie give it a bit of room.

With a U run you can get a small trendline break so I give them a bit of room and often they turn and do a mini U and carry on(if see an example will post chart.

Roddy yep an ok day,at the moment I am sitting on my hands until I can see a pattern-target,why play when messy you just get stopped out.

Cheers
Miner

miner
16-10-2007, 05:24 PM
http://img141.imageshack.us/img141/5710/arco99ki6.th.png (http://img141.imageshack.us/my.php?image=arco99ki6.png)


Arco Re your trendline question,it is to hard to see the 5min candles so posted the 15min for last nights move,so on the 5 we got trendline breaking dips but they get a mini U turn candle at the bottom of them and as it was looking good for the bigger U I give them room so as not to get stopped or they are a chance to buy the dip.

The roundy top also broke the hourly trend line so that was the sell,roddy notice the eur/usd roundy top was well slow,where as the eur/jpy top was fast and sharp so therefore not a roundy top.

Cheers
Miner

roddy
16-10-2007, 05:47 PM
Hi Miner

regarding eurjpy is it ready to short?

roddy

miner
16-10-2007, 05:54 PM
Not for me as I don't have a target and it is to messy,also look at usd/jpy sideways mess,so for now I will wait until I see something patience is very important in this game and not worrying if you miss a move as there is always another.

If you watch it it will probably not do what it should,as in good looking candles one way then off the other way it goes,also the good move theory is that it has done well since this morning,that was the easy good move so far today,so now wait for another.

But in saying the above if you think short you may see something I don't,will post if I see a target,usd/jpy hourly is looking a tad roundy though.

Cheers
Miner

miner
16-10-2007, 05:58 PM
Also keep in mind that I am definitely not the sharpest knife in the draw at the moment.

Cheers
Miner

miner
16-10-2007, 06:07 PM
Roddy if you want to know why eur/jpy just spiked north after looking southish take a look at the 5 and 15 min for eur/usd,and the U turn on it's 5min.

Cheers
Miner

miner
16-10-2007, 07:32 PM
Well roddy hope you took your short,to much for my brick brain tonight,eur/jpy touched top of today's U's and the roundy top on usd/jpy was the one.

Cheers
Miner

miner
16-10-2007, 08:03 PM
http://img88.imageshack.us/img88/3776/rod4ss3.th.png (http://img88.imageshack.us/my.php?image=rod4ss3.png)

The roundy top that a sharper knife would have shorted.

Cheers
Miner

roddy
16-10-2007, 08:07 PM
Hi Miner

yes i did take the short but got stopped before the large drop,always another day tomorrow,
have just downloaded ava trader

going to call it a day,
hope you feel better in the morning!

cheers
roddy

miner
16-10-2007, 08:22 PM
Look how many pips on each for that move,more bang for your bucks on eru/jpy as usual but usd/jpy gave the short signal first.

Good you got a bit of it roddy,you will be watching for roundy tops now hehe,ava ok but can lag behind a bit especially when things get moving like tonight,so always have trading station on screen to check,ava is good for my system though (setup) like power charts but they work which is handy.

Waiting for opp so will be a sicko till then hehe.

Cheers
Miner

peat
16-10-2007, 10:39 PM
Interesting - if anyone has Heikin-Ashi on their charts it may allow you to see more defined 'U' shapes.

i've coloured it up a bit in the Heikin-Ashi and the change of colour in the candles also seems to define trend very smoothly.


http://img85.imageshack.us/img85/4812/eurgbp5min1610207heikinnn1.th.jpg (http://img85.imageshack.us/my.php?image=eurgbp5min1610207heikinnn1.jpg)

miner
17-10-2007, 07:05 AM
I'm out for most of the day but just had a quick look and eur/jpy and usd/jpy both did a nice U turn on the 15min chart last night to go back and test the big move low,have a look as it is one of the patterns I look for,for every action there is a reaction,so if you miss the big move there are usually scraps at the end of it.

Ta peat for the chart.

Cheers
Miner

miner
17-10-2007, 05:45 PM
http://img140.imageshack.us/img140/3140/qqqlk8.th.png (http://img140.imageshack.us/my.php?image=qqqlk8.png)

http://img132.imageshack.us/img132/3669/qqq1lo4.th.png (http://img132.imageshack.us/my.php?image=qqq1lo4.png)
Just got home to see this lovely U I missed,as usual eur/jpy gave more bang for your buck,if you look at my other time frames, 1 day,1 hour,and 5min,you can see it no worry's.

Cheers
Miner

miner
17-10-2007, 05:51 PM
Don't know why the chart doesn't show it but usd/jpy has a good tail on the top of the turn candle,also see how they confirm each other.

Cheers
Miner

peat
17-10-2007, 06:21 PM
theres U's everywhere in my charts now miner ;+) esp with the Heiken Ashi - it just seems to make trends and trend changes much more obvious.

miner
17-10-2007, 06:58 PM
[img=http://img155.imageshack.us/img155/9264/peat1fg3.th.png] (http://img155.imageshack.us/my.php?image=peat1fg3.png)

Good stuff peat,what I have tried to do is make a KISS system,and make this game very basic,I will post a bigger U for usd/chf,do you guys want me to explain the last 2 charts a bit better,as in what I see to enter exit the trade etc ?.

Cheers
Miner

miner
17-10-2007, 07:00 PM
On the last chart see how once a U is to a certain point "most" of the time they will hit the target,

Cheers Miner

miner
17-10-2007, 07:10 PM
http://img132.imageshack.us/img132/3893/peat2by9.th.png (http://img132.imageshack.us/my.php?image=peat2by9.png)

If you were looking short the candle I have marked is a good sign you are right,remember I use my 3 other charts for this pair also to decide what I do.

Cheers
Miner

peat
17-10-2007, 07:48 PM
heres how that looks with the Heikin-Ashi
very similar of course but smoother.
http://img80.imageshack.us/img80/5712/usdchf1hr17102007zq7.th.jpg (http://img80.imageshack.us/my.php?image=usdchf1hr17102007zq7.jpg)

miner
17-10-2007, 08:10 PM
http://img147.imageshack.us/img147/7286/peat3al3.th.png (http://img147.imageshack.us/my.php?image=peat3al3.png)

Ta peat see how once set it runs into the target,this chart, look at where the last hour turned on 5 and 15min,tie this in with the hourly trendline and possible U target on 15min,the 15min is great for finding U targets.

usd/jpy same way but harder to pick.

Cheers
Miner

miner
17-10-2007, 08:13 PM
Just looked and again don't know why but no tail on the second candle,it hits the trend line,so maybe look at your own chart,bit of a pain.

Cheers
Miner

miner
17-10-2007, 09:51 PM
http://img139.imageshack.us/img139/5544/hawd7.th.png (http://img139.imageshack.us/my.php?image=hawd7.png)

http://img150.imageshack.us/img150/7169/ha2zw2.th.png (http://img150.imageshack.us/my.php?image=ha2zw2.png)

http://img99.imageshack.us/img99/7167/ha3me4.th.png (http://img99.imageshack.us/my.php?image=ha3me4.png)

Ok I have marked the turn candle on 15min and 5min,the 5min was the buy as it was the test of the hourly trend line,but if not the 15min said north,is making very hard work of it though so may not get to the 15min target,but if does then look to maybe last nights 166.90ish (hourly).

Hope you can see how these different time frame charts work together ?,anyway of to bed so will see where we are in the morning.

Cheers
Miner

miner
19-10-2007, 08:04 AM
http://img144.imageshack.us/img144/3856/chfdailyds4.th.png (http://img144.imageshack.us/my.php?image=chfdailyds4.png)

For longer trades a U on the daily,you can do the same with it's opposite mate eur/usd which for now is through it's U target so this is telling you that usd/chf should go through it's U target .

Cheers
Miner

miner
19-10-2007, 08:23 AM
Hi Miner

yes i did take the short but got stopped before the large drop,always another day tomorrow,
have just downloaded ava trader

going to call it a day,
hope you feel better in the morning!

cheers
roddy

Hi Roddy have you got your AVA charts up and running ?,I just use the charts and trade with FXCM (do the odd demo trade to keep it active) when your demo runs out let me know and I will tell you a trick to keep them going.

Cheers
Miner

miner
22-10-2007, 01:17 PM
http://img147.imageshack.us/img147/8339/777777777he8.th.png (http://img147.imageshack.us/my.php?image=777777777he8.png)

Well the last U worked ok,through target and testing it now.

Cheers
Miner

miner
07-04-2009, 11:44 AM
As no one else is posting take a look at the U trade on eur/jpy and it's mate usd/jpy today(hourly),played out just as a U should,KISS system I know but hey it works.

Cheers
Miner

peat
07-04-2009, 05:16 PM
do you expect the Eur/Jpy 'U' to take it back to 128ish Miner, or are you talking about just the top litte U which has already completed over the last 48 hours of trade?

miner
07-04-2009, 05:26 PM
Hi peat was the little U from 135.61(top) back to test last nights low at 134.40,so 100 odd pips,think the bottom of that U at 133.59 may be the low so looking long,BUT is messy as for now so sitting on hands till see a trade,as if you force a trade you loose if you wait for it to come to you your usually ok.

The U in question gave a nice clear target and not a bad candle turn on the 15min.

Hard to talk U lingo but hope that made sense?.

Cheers
miner

peat
07-04-2009, 05:37 PM
yeh I was thinking more the potential U in yellow or the completed one in red but I think you actually mean the one in purple.
If that yellow one was to come to fruition it would be nearly a thousand pips.

miner
07-04-2009, 05:47 PM
That's a big yellow U but then one U tends to lead to another,a bigger U(than the one I was talking about) was from the shooting star daily on the 30/3,generally I play a shorter game,as in that U today take the money and wait for the next one.

If you played the little U's in that big yellow there would be allot more than 1000pips and on smaller stops,more trading but each to his own.

For the yellow one you tend to have to run big stops,I usually have an initial stop of 20pips then creep behind as the move goes.

Cheers
Miner

miner
07-04-2009, 09:20 PM
Hope you got some of that peat?,not my night first my charts didn't keep up on the site I use then had to go shoot a possum as the dog was nutting off,then my trading station froze,bugger.

Cheers
miner

roddy
08-04-2009, 11:10 AM
Hi Miner Peat,Arco
miner i hope you got your trading station sorted
i dont think this has been posted anywhere elsa but it does look like it has potential,
also divergence on the rsi

miner
08-04-2009, 04:00 PM
Hi Roddy yep sorted itself out,bit messy today see how we go tonight.

Cheers
Miner

miner
08-04-2009, 11:20 PM
Simple trendline on eur/jpy and usd/jpy 5min giving some nice U trades,resistance targets on the left,the worm is trying to turn.

Cheers
Miner

miner
02-06-2009, 03:20 PM
Hi DB thought would post this as it's a good example of what I was talking about last night,that is how if you set a line off the FIRST 2 candles of a turn it often comes back to it even though it may look miles off when you set it.

See how it came back and the run turned on it,so back to test,part of what I am talking about when say bigger picture,so combined with other charts and it's mate usd/jpy looking long also,it was all set up for the long.

If I put my other lines on they would show the break north,15min is a very good one to watch for turns and moves.

Cheers
Miner

miner
02-06-2009, 03:44 PM
Not as tidy as eur/jpy,but same thing,in general the usd/jpy move was easier to pick for entry points though(5min).

Cheers
Miner

dumbass
02-06-2009, 03:45 PM
i would never chart your lines so pretty amazing to see them being respected

miner
02-06-2009, 03:55 PM
Each to there own,works for me,same rules apply to all the charts,just all happens a bit quicker in the 5min,so 5min entry other 3 bigger picture,respect the 15min though as it tends to rule the roost.

Lots of other line rules but that's some basics.

Cheers
Miner

dumbass
02-06-2009, 04:01 PM
you must view all charts in one screen ?

miner
02-06-2009, 04:05 PM
Yep 4 charts for each pair on each screen,blow them up to set lines,set up how I post them when 4 on screen,as they "ALL" work together.

Cheers
Miner

miner
02-06-2009, 04:15 PM
The 136.36 line is just a 5min version of the last 2 charts,same rules,BUT remember only part of the story,working though,quick few pips or better entry for bigger picture etc.

Cheers
Miner

miner
02-06-2009, 04:20 PM
Same move on the 15min.

Cheers
Miner

dumbass
02-06-2009, 04:33 PM
i like the fact that its pretty unique and have always been impressed with your success as its all about the pips at the end of the day.
i'll need to spend a bit looking at it over the next day or too.
its my wife's birthday today so all my energy is going into being nice to her!
thanks a lot miner.

miner
02-06-2009, 04:40 PM
In that case stuff FX, you might get lucky hehe,remember though this is ONLY part of the system,it's can have a nasty bite.

Cheers
Miner

dumbass
02-06-2009, 05:51 PM
luck's got nothing to do with it , plan your entry and your exit !!!!!!!!!!!!!!1

miner
02-06-2009, 06:10 PM
Look for the trend line.

miner
03-06-2009, 09:40 AM
First 2 candle 5min line for you DB.

Cheers
Miner

dumbass
03-06-2009, 11:18 AM
do you draw that trend line on your other time frames.
sorry about all the questions.

miner
03-06-2009, 12:27 PM
Each line gets it's own but they tend to match up,remember each is finer entry point,just went short at 95.705 on break of line sold at 95.65 on break of line,did same thing long on eur/jpy before it,look at the first 2 candle line on the 15min (95.37)we just turned on it,as in went one side then back to test.



Cheers
Miner

miner
03-06-2009, 12:44 PM
Probably looks like a big mess of lines BUT look at the 5 and 15 min,eg my 136.25 line on 15min just gave the turn at 136.86 on the 5min,the 15min line was a first 2 candle we are testing it after coming back through it,not the best example as all a bit messy at the moment(hourly) but when it plays the game you get better runs,let me know if your starting to see it ?.

Cheers
Miner

miner
03-06-2009, 12:52 PM
Bigger 5min,usd/jpy doing the same,usd/jpy was long when I sold my short,posting and trading don't mix so if you get a delay in replies you know why,not a prob just need to time my posts better.

Cheers
miner

dumbass
03-06-2009, 05:53 PM
so im starting to get it , every time theres a trend change you plot a trendline through the first two candlesticks.

miner
03-06-2009, 06:17 PM
Roughly,more to it than that,this long was,hourly the V of the 95.81 and 95.36 lines,the 5min break of the 95.73 line,15 min the supp and break north of the 95.37 line and 95.81,plus tails on candles.

So all 3 charts are telling you north,make sense ?.

Cheers
Miner

dumbass
03-06-2009, 06:36 PM
getting it ,but don't see the 5min break of the 95.73 line

miner
03-06-2009, 06:43 PM
now ?.

Cheers
Miner

dumbass
03-06-2009, 07:06 PM
crystal clear .
so no indicators just the trendlines and candlesticks

miner
03-06-2009, 07:15 PM
Um what indicators,the one's on my ute ?,it's a KISS system,and you need targets,short now on the daily 96.76 line,is on posted charts.

Cheers
Miner

dumbass
03-06-2009, 07:24 PM
ha ha indiacators.

im having a problem setting up my trading platform with 4 screens but im getting a little.

miner
03-06-2009, 07:28 PM
Ava is free demo and only one I have found that I can set up like this,used to use power charts FXCM but they dont work half the time.

Cheers
Miner

dumbass
03-06-2009, 07:39 PM
Um what indicators,the one's on my ute ?,it's a KISS system,and you need targets,short now on the daily 96.76 line,is on posted charts.

Cheers
Miner

96.76 line cant see it on your chart

miner
03-06-2009, 07:49 PM
Profit stop hit.

Cheers
Miner

dumbass
03-06-2009, 07:53 PM
im picking a short right now 96.35 see how we go

miner
03-06-2009, 08:02 PM
Could do as 15min wrong side of the line.

miner
03-06-2009, 08:34 PM
Went short at 96.333 in part as 15min changed sides,also it's mate eur/jpy is getting hammered off it's high,TIGHT stop though.

Cheers
miner

dumbass
03-06-2009, 08:53 PM
what do your reckon for our target ?

dumbass
03-06-2009, 08:57 PM
a few layers of resistance 95.60 - 95.80

miner
03-06-2009, 09:03 PM
Proff stop hit 4got to allow pip spread,watching for now, poss long as 15 swapped,and eur/jpy on one of my lines.

Cheers
Miner

dumbass
03-06-2009, 09:07 PM
im out 95 80 for 55 pips , good stuff miner , had enough for tonight , cheers mate.

miner
03-06-2009, 09:21 PM
Long at 95.901 with even stop prob get hit never know though.

Cheers
Miner

miner
03-06-2009, 09:35 PM
Took the pips

dumbass
04-06-2009, 04:35 PM
the u boat sailing tonight miner ?

miner
04-06-2009, 06:24 PM
Sort of am, brain dead and getting stuff sorted for a prospecting trip,usd/jpy messy eur/jpy may be short on this 15min ?,although did think big U also.

Cheers
Miner

miner
04-06-2009, 06:46 PM
Look at the first 2 candle 135.29 line (all line numbers read on the left) and how it was ress on the last bunch of 15min ,some lines go for ever,hourly did it also,2 candle line.

Cheers
Miner

dumbass
04-06-2009, 07:19 PM
looks a bit directionless tonight on usdjpy
got a long on 96.20 but its putting me to sleep

miner
04-06-2009, 07:25 PM
USD/JPY best sit on your hands as it doesn't even know what it's doing so wait for a clear signal eur/jpy been the better one today,am short but will prob get BE stop hit.

Cheers
Miner

dumbass
04-06-2009, 08:16 PM
getting a run on my long usdjpy any thoghts on targets ?

miner
04-06-2009, 08:47 PM
Not for now so I would just work to my system,are you looking at my system or yours ?.

miner
04-06-2009, 08:54 PM
keeping in mind I'm brain dead tonight could look for the next hourly to start on the trend line and hold,15min has changed to the right side.

Cheers
Miner

miner
04-06-2009, 10:03 PM
Sorry DB been doing other stuff tonight,something to keep in mind though,as a general rule when a candle runs fast and away from the trend line they usually come back to test it.

So I have taken all but two lines off this chart,the 96.08 is say our base trend line,the first candle at the 96.20 line takes off a bit then back,the next takes off even more,it is now too far away from the 96.20 line and even more from the first two candle 96.08 line.

So if it plays by the rules it will come back to test as it has,hence one of my sayings "if it looks really good go the other way",the 5 and 15min said the same thing,put a line on the 15min it got away from the line also.

Before I bore you to death I'll just say you know part of my system BUT there is lots more so tread carefully or like any system it can nail you,if you want the whole system just go to "Minerinc.com" and for only 5k it's all yours :-).

Time for bed hope you made-make some ok pips on the trade.

Cheers
Miner

miner
04-06-2009, 10:22 PM
Last one, taken most lines off,LOOK at the 15min,it has done just what I was talking about but the other way around,so a quick 40 pips,hit hourly trend line while writing this,but you get the idea ?.

Cheers
Miner

dumbass
05-06-2009, 11:12 AM
thanks miner , i appreciate you aint going to pick it up over night but im impressed, so more study to be done.
cheque's in the mail.

miner
09-06-2009, 06:44 PM
Ok 2 candle line entry DB, and a ok U target.

Cheers
miner

dumbass
10-06-2009, 06:13 PM
i notice from your daily candle time change being different to mine , the trend lines end up in different positions.
how did it go yesterday with eur yen

miner
10-06-2009, 06:40 PM
Did what I thought it would so ok.

Cheers
miner