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Old 04-20-2006, 07:40 PM
nesalc nesalc is offline
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Join Date: Jan 2006
Location: South Africa
Posts: 60
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Quote:
Originally Posted by bagovino
Hi guys,

While I'm not new at trading, I am new to Murrey Math Lines. I used to trade pivots extensivley. This is only my second day observing this method and I have to say.... This blows pivots out of the water. I guess these are the lines the big banks and institutions use. Whatever the case, they are dead on, easy to follow and lay out a nice map of the market.
I'm working on a method combining some indicators I've used VERY successfully trading pivots but now using Murrey lines instead. Once I get a bit more familiar with how the market behaves around these lines I'll draw up a set of rules to trade a system.

I have 2 qustions:

1. does anyone have an indicator that works on all time frames. I notice as you go down on the charts like the 5 min. the numbers on the lines no longer stay accurate?

2. Can someone give me a few secrets/tips as to how price reacts at each level?
Thats it for now. Like I said I'll work on a system. Is there anyone who is a good programmer that can help develop an EA??

Thanks,

~Billy
"Big Pippin"
Hi Big Pippin

The only exlanation I have is this documents that I have attached - hope it help.

Nesalc
Attached Files
File Type: doc murrey.doc (53.5 KB, 2419 views)
File Type: doc MM[1].doc (36.5 KB, 1838 views)