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Yes, I saw how aggressively the Asian markets filled that opening gap!

 

Here are my calculated values for daily OI (Volume???) > 250:

 

Type SR Val

---- -------

Call 1.4277

Call 1.4335

Call 1.4401

Call 1.4473

Call 1.4552

Call 1.4636

Call 1.4817

Call 1.5007

Call 1.5105

Put 1.2892

Put 1.2990

Put 1.3086

Put 1.3180

Put 1.3363

Put 1.3407

Put 1.3451

Put 1.3574

Put 1.3613

Put 1.3685

Put 1.3719

Put 1.3752

Put 1.3810

 

I modified the script previously posted to allow the inclusion of bar width for the price. This way those that have a Volume (Daily OI) between 251 and 500 show a thin line, those >500 and <1001 show a medium line and those > 1000 show a thick line. If anyone is interested, I will post it.

Edited by hitescape
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Yes, I saw how aggressively the Asian markets filled that opening gap!

 

Here are my calculated values for daily OI (Volume???) > 250:

 

Type SR Val

---- -------

Call 1.4277

Call 1.4335

Call 1.4401

Call 1.4473

Call 1.4552

Call 1.4636

Call 1.4817

Call 1.5007

Call 1.5105

Put 1.2892

Put 1.2990

Put 1.3086

Put 1.3180

Put 1.3363

Put 1.3407

Put 1.3451

Put 1.3574

Put 1.3613

Put 1.3685

Put 1.3719

Put 1.3752

Put 1.3810

 

I modified the script previously posted to allow the inclusion of bar width for the price. This way those that have a Volume (Daily OI) between 251 and 500 show a thin line, those >500 and <1001 show a medium line and those > 1000 show a thick line. If anyone is interested, I will post it.

 

The same as mine. Great.

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Yes, I saw how aggressively the Asian markets filled that opening gap!

 

Here are my calculated values for daily OI (Volume???) > 250:

 

Type SR Val

---- -------

Call 1.4277

Call 1.4335

Call 1.4401

Call 1.4473

Call 1.4552

Call 1.4636

Call 1.4817

Call 1.5007

Call 1.5105

Put 1.2892

Put 1.2990

Put 1.3086

Put 1.3180

Put 1.3363

Put 1.3407

Put 1.3451

Put 1.3574

Put 1.3613

Put 1.3685

Put 1.3719

Put 1.3752

Put 1.3810

 

I modified the script previously posted to allow the inclusion of bar width for the price. This way those that have a Volume (Daily OI) between 251 and 500 show a thin line, those >500 and <1001 show a medium line and those > 1000 show a thick line. If anyone is interested, I will post it.

 

sure, post it

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these volumes posted on CME are too small part of daily FX volume

about 4 trillions (10 12-th)

and as per Wiki - The $3.98 trillion break-down is as follows:

 

* $1.490 trillion in spot transactions

* $475 billion in outright forwards

* $1.765 trillion in foreign exchange swaps

* $43 billion currency swaps

* $207 billion in options and other products

 

207 billion (10 9 ) means 207 000 000 000 - so it is 2'070'000 contracts and reported contract via CME are 155'420 - aka 7.5%

writing that I realize that it *may* make sense... but perhaps not only the OI @levels but dynamics and tracking changes of

 

just thoughts...

and i am not sure that OTC market is in *any* statistics....

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Yes, they works very well. But look, we have prices with no daily OI but effect the price like 1.3965 they just have 2 points of OI but price bounce on him more them five times. And the same happens with the 1.3937 and 1.3903.

 

http://img573.imageshack.us/img573/7361/fx081110.gif

 

Uploaded with ImageShack.us

Edited by guedesjunior25
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just playing around but see how influential these no's are for EU next week

 

.4349

.4331

.4281

.4258

.4190

.4125

.4078

.......closed around .4031

.4001

.3967

.3931

.3892

.3861

 

These can be further refined.....also remember these could be a few pips either way

 

http://i988.photobucket.com/albums/af5/kraven69/daily.gif

 

as i mentioned these can be refined further, i've already moved some a couple of pips and added 1 or 2 more.....most have been good for bounce of 20-40pips with a max. SL of 10....the first arrow is from 2:15am till now. All lines were put in place bfore end of last week

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http://i988.photobucket.com/albums/af5/kraven69/daily.gif

 

as i mentioned these can be refined further, i've already moved some a couple of pips and added 1 or 2 more.....most have been good for bounce of 20-40pips with a max. SL of 10....the first arrow is from 2:15am till now. All lines were put in place bfore end of last week

 

yeah, but it break it and bounce it... one must play two scenarios

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yes price breaks them sometimes, as i said they can be refined further, but they rarely go through more then 3-4pips hence a SL of 10pips........as of last attempts to break bottom line on chart (.3892) at 11am went through 2pips bounced through next level and at 3pm....went through 4pips,,,bounce back 25......if it breaks this level next 'area of interest' for me is .3861 Edited by kraven
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Here are the indicators:

 

http://[email protected]/file/N6VDYQuM/MPVL_236704.html

and the website in English:

 

http://uk.babelfish.yahoo.com/translate_url?doit=done&tt=url&intl=1&fr=bf-home&trurl=http%3A%2F%2Fwww.fxcoder.ru%2Findicators%2Fmpvl&lp=ru_en&btnTrUrl=Translate

Hope this helps.

 

Remember to change the '@' to 'a' and '0' to 'o' without the quotes 8-)

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the above was something i posted on the first page of this thread......if you look at the 'power level FF thread' you'll see this dannyfx person post on there too......so i believe the guy who sells his 'lines' is also posting as someone else to 'big up' his results.

 

is he dannyfx??? not sure but he certainly seems to post under other names........maybe the search for the 'holy grail power lines' is futile

 

http://www.forexfactory.com/showpost.php?p=4154515&postcount=2472

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Sounds like a Rip to me Kraven. There does not seem to be anything special about his levels. I am making between 3 and 5% per day trading my grid lines (ie 00, 50,) and find that they are amazing at defining reversals. I now combine those with MM levels. A combination that makes it difficult not to win on a daily basis:-)

 

Ps: I Hope I have not inadvertantely broke any rules by posting the site of another forum, if I have I appologise profusely and will remove it.

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