Murray Math Lines Support and Resistance

Hi Everyone,


    Here is another in my series to give back and help traders of all levels be successful.Were talking about Murray Math Lines...support and resistance.This ties in with the SCv3cEa Basket Edition and defining trend for setting the EA.It's all explained in the video.I hope you find it of some use and if you watch this on You Tube please comment and rate the video for me.

SCv3c EA Basket Edition

Exciting news everyone.In a world of $100 plus EA's that don't perform I have a package together that for $47.75 will consistently make you money.The only requirement from you is to determine the trend direction.
With thousands of indicators that show you trend I decided to link this to another video below about Murray Math Lines.In this video for my Ea I'll explain how this works and show you the results.Make sure to watch the video below to learn a bit more about the lines.

This package will include:

1. The Ea Scv3c EA Basket Edition. Baskets are usually defined as many pairs trading in a basket but this is not so here.It refers to the number of trades in play helping you to reach the dollar targeted amount that you set in the inputs.

2. I also have optimized the EA to give you a great set file...included.Just load and away you go.

3. I am including the custom Murray Math Line indicator...the same one you see in the video.

4.An instruction video is included covering set up and what to expect with this great EA.

The Ea is account and date protected.That means that you must give me a live and demo account number which will activate your copy of the Ea.It will also be date protected.Each copy will expire in 30 days and then a new copy is activated for the next 30 days and emailed to you before the present one expires so there will be no stopping your trading in progress.

Regardless of the size of your account,you can use the SCv3c EA.It works on every pair and is already converted for ECN and 5 digit trading.Like every Ea it is still your responsibilty to monitor your margin requirements so starting with $500.00 and applying to 10 pairs will only get you a margin call.You can quickly build and add pairs as your profit grows.

Upon purchase of the Ea there is a comment box in Paypal.Please add the live and demo account number you wish to use along with a return email address so I can email you the package.

I will attempt to get your order sent within 24 hours and each order will be handled by time and date stamp.

Enjoy the video and your copy of the SCv3c EA Basket Edition

Forex Trading Video - Learn Murray Math Lines - Technical Analysis Indicator Murray Math Lines

Todays technical indicator is the Murray Math Lines.A support and resistance indicator that pin points reverses of trends.used along with the MACD,you can bag tons of pips on the higher time frames. If you have questions please direct them to forexswapcollector@gmail.com .

Forex Trading Video - Learn MACD - Technical Analysis Indicator MACD

Hi Fellow Traders,

    In the spirit of giving back I am starting a series of forex trading videos that should help the beginners and seasoned traders alike.The trading tips may be subtle but they will be powerful enough for you to make a pocket full of pips.
   The first lesson is the technical analysis indicator called the MACD 

EA's Updated

Hi Everyone,

I recently had all my Ea's updated for ECN and 5 digit brokers.If you have copies of Swap Collector or Spirit Mentor Course Ea then please send me an email to spiritup05@gmail.com with a return email and I will get the newest copy to those that bought the Ea's.
You must have taken the Spirit Mentor Course to get that EA and you would have purchased Swap Collector to get that update.All other Ea's I have are private and you would not have them.
Thank you and happy trading.

Regards,

David Lockwood

PLEASE RESEND YOUR INQUIRIES

Hi Everyone,

I had a crash while my spiritfriendss@gmail.com was up and it was the first time my unanswered mail was deleted.I did observe emails asking about Swap Collector.Could those that sent emails please resend to my inbox so I can answer your questions.

Thank You,
David Lockwood

Part 2 of Time Away

This is a continuation of the last post.

After my demo was closed I started a new demo and began with the amount I closed with.That was on August 30th the deposit for $40+K was started.We are now 11 days into September with the new demo and another $10,000 has been made.
Now as stated in the previous post the totals are a combination of the EA and also manuel trading.I have attached the bottom portion of the statement again to this post and plan on a future video showing the full statement to get the picture of both the EA and the manual trades.I will also make some videos to share some tricks I use when trading manually.

Amazing How Time Away Gives Clarity

Hi Everyone,

As you can see November 9th 2009 was my last post.Back in June 2010 I had an email from a thread that I contibuted to on a forex related topic and that was timely because it got my blood moving again for the passion I felt when trading forex.
I can honestly say that I have not done any trading since 2008 and the time away has helped me to see forex trading in a new light.I created a demo platform with the goal of sharpening up my skills with some satisfying results.
I loaded Swap Collector Version 3 on the GBP/JPY chart...made some adjustments and along with some manual trading have been very successful.I used a Forex.com platform and started with $10,000.I was lucky that my platform lasted until Aug 26th before that closed as is the practice now.Here is the statement (bottom portion) with the results.
You can see a huge gain to $40+K in 2 months time.All basically came from Version 3 and manual trading seeing advantages as the signals on V3 paved the way.

Long Over Due Update for Nov. 29th 2009

Hi Everyone,

I hope the forex Gods have been treating you well.This latest cycle took a lot longer than anticipated but non the less it has almost cycled.Were still in reasonable profits but not "WOW" profits.Here is an updated You Tube video here:

http://tinyurl.com/ydjsuje

you may have to copy and paste the link.

There will be a follow up of direction with all the pairs.

David Lockwood
spiritfriends

Account Update

Hi Everyone,

Just a quick update.You can all follow the 7 majors by logging into Forex.com and using

account login: 90243625
Password : ur6qqih

It's presently plus $105.00 as I write. Each pair is set up with 6 max orders and 10 cents a lot.The target was just set for the remaining 3 trades of 6 max orders and they will continue to cycle.

Regards,

David

Update

Hi Everyone,

The demo account was closed for 2 reasons.As you have read on the blog and in videos I had purposely over leveraged using 10 pairs and applying 20 trades on each pair therefor having 200 trades working at any one time.There was no money management applied which I also feel strongly about and therefor profits were never taken which I have always encouraged. The second reason is directions.I have 20+ pairs on a weekly chart with my custom indicator "the floater" which gives great directional guidance.It is a tad lagging but none the less sets up the swap collector beautifully.I have attached a platform started a week ago of 4 pairs all cross pairs and heavy hitters at 6 max trades and 10 cents a pip.It profited over $300.00 this past week.I am not recommending these pairs.These 4 pairs were the first 4 to change their direction on the weekly chart.
This new platform can be followed by using:

account: 90291131
read only password: tq8dgzn
http://www.Forex.com


I firstly would recommend that you never play more than 4 pairs per platform.Stay away from heavy hitters as my 4 pair platform until you have money to burn from your other platforms you have set up.I will be updating the changes as they happen for weekly direction and if your pairs are set in those directions even with the retracements you'll be in the right direction to collect your pips.Swap will not always be a plus factor but the collection of pips will always be priority until you can invest larger dollars where swap begins to count.

As I have stated many times,go with about 6 max orders to start at 10 cents a pip.Let the first 3 trades which is 1 full day for version 2 and 3 be placed without a target.When you have your first 3 trades set on all 4 pairs, then put a target of your choice on all pairs for the remaining 3 trades.Be realistic with your targets and goals when your playing for 10 cents a pip.It is better to have 2,3 or 4 platforms with each having 4 pairs at six max orders and 10 cent pip size and have each of them collect $100 then start rather than having 1 set to $400 as your target.Smooth price action is also better than choppy action causing the EA to go through many cycles.Choppy is fine but you'll need to stay on top of it to maximise the profits when a peak of a cycle is reached until you get version 3 with the close all..
Please work with a NON USA PLATFORM.I use Forex.com and have never had any problems with the EA.In the US with the FIFO rule now the Ea will not function properly.

One other update,late but still an update is the GBP/JPY have a new floater signal to the sell side from the previous buy signal.

David aka spiritfriends

Video Blog Roll Removed

Hi Everyone,

It was brought to my attention that since I installed the You Tube video roll that navigation of the site had frozen.I have removed iot but you can still view the updates on video on you tube.Any new video with be linked in a posting on the site.

David aka spiritfriends

New Video...Update for Sept 17th

Hi Everyone,

I just completed a new video on You Tube and you can link to it from here :
http://tinyurl.com/l6w992 . There are 2 directional changes to update.Both the EUR/CHF and GBP/CHF have changed from a buy to a sell
.There are more changes and updates to come so come back often.

David aka spiritfriends

Thoughts for the Day

Hi Everyone,

Attached is a screenshot of where the 10 pair account is this morning.A big improvement over last week.Cycles sometimes can get very big.The amazing stat is that for 10 pairs,200 trades active that even being over leveraged the account handled it very well.
At this point the equity is $2560+ and the balance is $15025.83 from a $10,000 start in July.In this screenshot you can see that swap collection is +$52.90 while we are waiting for the cycle to come full circle.
In version 3,you would be able to protect your balance from going below the $10,000 start but as I said before that would compensate the returns.The plan again is to choose 2-4 pairs and apply a small max order at 10 cents and let it build.Closed targets have averaged between $1.00 and $10.00 and were close to $5000 in closed profits.Trades never exceeded 20 cents a pip.The point is,the Swap Collector can return you a nice on going income stream with pennies.

David aka spiritfriends

Update for the 10 pair

Hi Everyone,

Well summer around here is officially over.Last day for the CNE... the kids go back to school tomorrow and it's time to get serious about work again.I hope everyone enjoyed their time off this summer.
If there is one thing I would like everyone to understand in regards to my 10 pair swap collector it would be the word "over leveraged".I'm still sitting good and the account has come back 50% since last weeks draw down.Profit is still good and trades are still reaching target everyday adding to the balance.The message though is to choose a few pairs at low max orders and small pip size and you'll be able to build a nice amount each month for your account.
Everyone doesn't like draw downs especially big draw downs.I'm the same way but never adjusted the account because I know my Ea and although the cycle went deep this time because of about 200 trades active all at 20 cents,it's still doing nicely.
I will be doing a video update on version 3 and other key factors for being successful with the Forex Swap Collector so keep coming back for the posting.

David aka spiritfriends

Forex.com pairs

Hi Everyone,

Here are the pairs used on Forex.com and the direction based on the weekly charts using my custom indicator for a directional guide.

silver-buy gold-buy eurusd-buy usdchf-sell gbpjpy-buy eurchf-buy eurgbp-sell
audusd-buy usdcad-sell gbpusd-buy usdjpy-sell audjpy-buy audnzd-sell cadjpy-buy
chfjpy-buy audcad-buy euraud-sell eurcad-sell eurjpy-buy gbpaud-sell gbpcad-sell gbpchf-buy nzdjpy-buy nzdusd-buy

I will be previewing some charts that are about ready to turn or have just turned which would make for some nice profits.

David aka spiritfriends

NEW...Updates on directions to take with each pair!

Hi Everyone,

I want everyone to take a look at what I will be doing for Swap Collector.Most everyone has voiced concerns about pairs and direction to take.First off,unless we can trade pairs like eur/try etc we will not make much of anything for swap.The Swap Collector was named in 2007 when the swap situation was different.You always had a positive swap and negative swap depending on direction.Then came the 2008 meltdown.Brokers changed their swaps leaving us with a negative swap and changing the positive swap to a lesser negative swap also,like the lesser of 2 evils.So we'll now focus on the positive aspect of this time based EA.

In the screenshot is a weekly chart.You'll see a blue arrow which represents a buy direction and an orange arrow representing a sell direction.I also have my version of the Murray Math lines which I have used for a long time for direction.Notice the buy-sell-buy-sell arrows on the chart for the usd/cad.The signals are pretty accurate for suggesting direction.Presently for usd/cad we are in a sell mode since March 29th 2009.In our EA, if we were playing usd/cad we would set the direction for sell and follow the rest of the rules of the first half of the trades being placed with no target then the second half of the max orders, having a target to suit your comfort zone.It could be 50 pips 100 pips, more or less, but until we get a blue arrow we stick with sell direction.

Upon getting a blue or buy signal we close all our trades and begin the cycle over now setting a buy direction.When we get an orange arrow for sell direction then we close all trades again and begin the cycle in a sell direction.As you can see there are some bounces and as long as you aren't over leveraged with too many max orders and excessive pip size then there will be no problem in waiting for the retracement to end and continue in the direction of the arrow.

If you compute from arrow to arrow for pip totals you will see that pip totals are huge in the directions of the arrows.I have also just about finished with testing version 3 which includes a close all for you to use when the direction changes and all trades are closed before you reverse direction.

Once I have completed the directions of all pairs that Forex.com uses,I will post them.I will update as they change.For anyone wanting to be notified by email of the changes of directions for the pairs,you can do that by sending me your name and the email you would like the updates sent to at spiritfriendss@gmail.com and put "I would like updates" in the subject line.You do not have to had purchased the Ea to get these updates as many are watching and following the blog.

If your following the 10 pair with the read only password I posted you will see that we are in draw down.Please don't let this sway you.Consider that 10 pairs is way to many pairs for anyone to trade but does indicate the fluctuations of the EA.The account started with 10k and sits with a balance of 14K and draw down around 4K so were at about break even...for over leveraged positions.

David aka spiritfriends

Vacation Time

Hi Everyone,

Just a quick note to say that I am on 2 weeks vacation at the cottage but will still reply from there or send EA's if purchased.Both the 2 and 10 pairs are in draw down presently because they both have gbp/jpy and other yen pairs but if you have them at 10 cents a pip nothing to fear.Whatever Ea you find and play...if you plan on using gbp/jpy you need to have deep pockets.
I will be doing some updates from the cottage on rainy days.Everyone enjoy the next 2 weeks of summer before the kids are back in school.

David aka spiritfriends

Changes Coming

Hi Everyone,

I hope everyone is making profit with their Swap Collectors.There are a few changes on the board right now.The first is a new video for set up and logic.The video posted at Files anywhere is corrupt and only plays audio so that will be replaced.
My programmer,FerruFx has completed version 3 for me and I am testing it right now.The big change is a close all has been added to the EA.You just set the dollar amount you want close your cycle at and presto...when it reaches that amount everything closes very quickly.If anyone is in need of a programmer I can vouch for Ferru as he has been doing my EA's for years now.Contact me and I'll pass on his email.
That's about it for now.Look for the video and I'll also be posting favourable pairs to run Swap Collector with.

Regards to all,

David aka spiritfriends

Wow What a Day !

Hi Everyone,

Here is a perfect example of "set and forget". Last night (Thursday) I checked my 2 and 10 pair charts and the 2 pair was in draw down -$1500(playing a dollar a pip) and the 10 pair about -$500.00.When I woke and checked there wasn't much of a difference so off to work I go.I get home late,eat,shower put my son down for bed and finally sit down at the computer.I check the 10 pair first and do a double take that I'm plus $2057.89.If I was at home I would have closed just before the market close so now I'll do that on Sunday.
I go to my 2 pair of gbp/jpy and eur/usd and $3846.93 is looking back at me! Again if I'm home I close and start over just before the close but will do that on Sunday.So since July 19th when I started this 2 pair set up I closed the first 2 times and brought the account to $6168.35 and with this float to close at $3846.93 the equity is $10,015.28 from a $3000 start and in only 18 trading days.
With the 10 pair now at $13,937.49 in equity and that started July 12th the 2 platforms total a profit of $10,952.77 ! Now if I was home watching the fireworks of NFP I would have been tempted to close early but I was at work.There of course are lots of scenarios but the one that unfolded was the set and forget and they did great for another week.
I hope everyone that is trading Swap Collector had a good day also and I would like to hear your stories and share them on the blog.

David aka spiritfriends