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10.4 A Complete System
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Author:  Ingot54 [ Wed May 08, 2013 12:07 pm ]
Post subject:  Re: 10.4 A Complete System
slowkey wrote:Talk of RBNZ intervention has hit the NZD hard. I just pulled all trades on the NZD. Some at a loss. This could spiral out of control. What the Bank will actually do is unclear but talk was enough to weaken it. The cause was statements of actual possible intervention by Wheeler.
Impossible to weaken every currency. The opposite number has to go in a counter direction, and with all the opposite numbers also trying to weaken, the AUD had a bit of a job to do. Can't beat them.

I still think the emerging nations will take the brunt of it, so that the rest of us can continue to enjoy our caffè latte! But this also has limitations - I doubt some of the more volatile countries will wear it for long, before they come out with their pitchforks and scythes.

http://www.abc.net.au/news/2013-05-08/o ... ne/4678110

http://www.abc.net.au/news/2013-05-08/k ... rs/4676400

Unfortunately in the case of NZD, whatever affects the AUD will have influence on it too.

The undeclared, unacknowledged Currency War is the big elephant in the room right now, and the brown stuff is hitting the spinning thing.

The move by the RBA will be futile. Australia can no longer control its currency. The only way to survive this, is to peg the Aussie to the USD at parity (which would be acceptable) or lower, but that dog ain't gunna hunt either.

Look for the AUD to rise ... and rise ...
Author:  zentauro67 [ Wed May 08, 2013 12:24 pm ]
Post subject:  Re: 10.4 A Complete System
Crazy stuff out of topic for lovers of Gypsy forecasts. This is a Fourier Wave analysis prediction for USDJPY. You can see 240 seems be respected even for this absurd indis.
usdjpy.jpg
Author:  mrelectron [ Wed May 08, 2013 12:25 pm ]
Post subject:  Re: 10.4 A Complete System
<snip>
TraderDesk: The two red lines I have arrows pointing at....
</snip>

Thanks TraderDesk, I got that much.

How are they calculated?

Are they part of the indicator?
Author:  kwanann [ Wed May 08, 2013 12:45 pm ]
Post subject:  Re: 10.4 A Complete System
Chf news sending chfjpy off the roof
Author:  TraderDesk [ Wed May 08, 2013 12:48 pm ]
Post subject:  Re: 10.4 A Complete System
mrelectron wrote:<snip>
TraderDesk: The two red lines I have arrows pointing at....
</snip>

Thanks TraderDesk, I got that much.

How are they calculated?

Are they part of the indicator?
just two lines drawn to show each currency strength and angle in-retrospect to one another... Not part of indicator...
Author:  Pipstubborn [ Wed May 08, 2013 1:12 pm ]
Post subject:  Re: 10.4 A Complete System
peranders wrote:
kwanann wrote:Hmm seems aud is recovering?
China trade balance was better than expected.

I will look for shorts if it reaches 1.038 area again, swap is still too high to be caught in long term floating DD. Some more interest cuts and then this it not a factor any more.

What\s the symbol for China cy. Can we trade it?
Tks, Pipstubborn
Author:  Gertje [ Wed May 08, 2013 1:28 pm ]
Post subject:  Re: 10.4 A Complete System
Pipstubborn wrote:
peranders wrote:
kwanann wrote:Hmm seems aud is recovering?
China trade balance was better than expected.

I will look for shorts if it reaches 1.038 area again, swap is still too high to be caught in long term floating DD. Some more interest cuts and then this it not a factor any more.

What\s the symbol for China cy. Can we trade it?
Tks, Pipstubborn
It's more or less pegged to the USD, so trade that.... :)
Author:  Pipstubborn [ Wed May 08, 2013 1:38 pm ]
Post subject:  Re: 10.4 A Complete System
Gertje wrote:
Pipstubborn wrote:
peranders wrote:
kwanann wrote:Hmm seems aud is recovering?
China trade balance was better than expected.

I will look for shorts if it reaches 1.038 area again, swap is still too high to be caught in long term floating DD. Some more interest cuts and then this it not a factor any more.

What\s the symbol for China cy. Can we trade it?
Tks, Pipstubborn
It's more or less pegged to the USD, so trade that.... :)
Thanks Gertje
Author:  Gertje [ Wed May 08, 2013 1:57 pm ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:Want to simplify the system. Take off all the pivots and just use the Empty4 Grid. Go from grid to grid or multiple trades from grid to grid. Control G puts it on your screen. Just a crazy thought. Here is the 4H and 1H.

Sometimes I feel like a mad scientist. :twisted:
What about setting the grid distance to the H4 ATR?
Monday-wednesday go line to line, thursday-friday multiple lines?
Or just open orders and TP at start/ halfway/ end of sessions?
Author:  zentauro67 [ Wed May 08, 2013 2:31 pm ]
Post subject:  Re: 10.4 A Complete System
Swingman made a fine Gann grid indi. You must set to true "show Ganngrid", and put in false the others (none for colors, just silver for the grid)

PAMA GannGrid_indv4.3.mq4
gann.jpg
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