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  #21 (permalink)  
Old 08-19-2007, 08:05 AM
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Cool Rainbow MMA

Hi,

I have a revision on the rainbow mma, please see below.

Regards
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File Type: mq4 RainbowMMA_01_v1.mq4 (2.3 KB, 19 views)
File Type: mq4 RainbowMMA_02_v2.mq4 (2.7 KB, 19 views)
File Type: mq4 RainbowMMA_03_v1.mq4 (2.7 KB, 18 views)
File Type: mq4 RainbowMMA_04_v1.mq4 (2.7 KB, 28 views)

Last edited by yyc196; 08-19-2007 at 08:09 AM.
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  #22 (permalink)  
Old 08-19-2007, 09:53 AM
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Post Some Good Advise

Hi,

I got this from another thread, I think it is very good:

"The markets wont come to a halt, so there are no lost opportunities. There are an abundance of opportunities. If you’re not trading you’re observing, if you’re observing you’re training your mind and improving your intuition."

"There are no predictions, just probabilities. Simply ride what you see, change when you need to change. Prediction is the ego speaking, its tied up with pride and inflexibility. "

"There is no success or failure, but simply managing the balance of +ve/ -ve trades to reach trading goal. "

"Boring is good. Boring old desk job that allows you to switch off the computer and lead an exciting life. Its about life, not about forex. Forex is the just the means, if you’re excited about it or gloating about your trades you’re no better then an addicted gambler. "

Enjoy your week
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  #23 (permalink)  
Old 08-20-2007, 07:33 AM
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Cool CAD today

Hi

Last week movement had made the CAD to form an inverted hammer on the weekly chart. Based on the daily chart the price movement had hit the fib 61.8%. I wonder it will go further up this week.

The Canadian data releases will have an impact on interest rate expectations with retail sales and inflation data due on Tuesday. Watch closely.
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Last edited by yyc196; 08-20-2007 at 07:38 AM.
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Old 08-20-2007, 07:44 AM
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Red face Aud

Hi,

The AUD had a an interesting stop around 0.7671, this value is closely inline with the hammer that form some weeks ago. See the weekly chart.

This looks like the market is going to retrace, if the price cross the friday high then it would be interesting.

Currenlty, the price is moving above the pivots point. Take note.

Regards
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Old 08-20-2007, 07:59 AM
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Chf

Hi,

As for the CHF, it continue to form the closing wedge on the weekly chart.

Last week it had an fib 61.8% retracement. Maybe will go further down this week. Not so sure till now.
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  #26 (permalink)  
Old 08-20-2007, 10:21 AM
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Cool Chf

Hi,

I think the EUR and CHF are not making any trend in the early London session. Let see how the US session perform.

Rather look at AUD and GBP

Regards
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  #27 (permalink)  
Old 08-21-2007, 04:39 AM
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Cool Cad

Hi,

I see a flag pattern on the daily chart, if it continue to fall today I will look for a short. If it retrace then I will long and takes the upper line as my resistance.

Watch out for today data release.

Regards
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Last edited by yyc196; 08-21-2007 at 04:43 AM.
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Old 08-21-2007, 04:53 AM
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Cool Gbp

Hi,

GBP got an important resistance to break through before it could go up further. Refer to Friday on the daily chart.
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File Type: jpg GBP 1D.JPG (42.6 KB, 269 views)
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  #29 (permalink)  
Old 08-21-2007, 05:02 AM
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hi

Quote:
Originally Posted by yyc196 View Post
Hi,

GBP got an important resistance to break through before it could go up further. Refer to Friday on the daily chart.
agree with you my resist is at 1.9906

===================
Forex Indicators Collection
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  #30 (permalink)  
Old 08-21-2007, 06:15 AM
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Cool Eur

Hi,

Eur continue to move in a narrower range since yesterday. If there is no clear indication from the RSI and ADX and if the price cannot breakthrough either side of the range as indicated, I will stay away from the EUR.
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