MurreyMath Trading Frame Software Ten Trading … Systems Collection/Murrey Math...Horizontal Murrey...
85
MurreyMath MurreyMath Trading Frame Software Trading Frame Software Ten Trading Rules for more successful trading in the future TM 1998 T. Henning Murrey Master Level Trader #13 Brentwood, Tennessee 37027 USA B.S. 1964 APSU B.A. 1968 APSU ph.D 1992 M.I.T.
Transcript of MurreyMath Trading Frame Software Ten Trading … Systems Collection/Murrey Math...Horizontal Murrey...
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Mur
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Tra
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TM
199
8
T. H
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#13
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me
any
mar
ket f
allin
g be
low
-1/
8th
will
rev
erse
do
wn
at -
2/8t
h
Inno
cent
old
“bu
y an
d ho
ld”
trad
ers
will
exi
t a m
arke
t jus
t bef
ore
it re
vers
es o
ff its
la
st “
pani
c” s
ell-o
ff ju
st b
efor
e it
mov
es b
ack
up in
side
it’s
0/8
th
+1/8
th
+2/8
th
-1/8
th
-2/8
th
8/8t
h M
MT
Lin
e
7/8t
h
6/8t
h
5/8t
h
4/8t
h
3/8t
h
2/8t
h
1/8t
h
0/8t
h M
MT
Lin
e
Ove
rBou
ght
Sel
l
Sel
l Sho
rt
Buy
Ove
rSol
d Buy
Lon
g
Hor
izon
tal L
ines
All
mar
kets
mus
t con
solid
ate
and
com
pres
s an
d bu
ild th
e st
reng
thto
exp
lode
out
into
the
next
trad
ing
Are
a in
side
its
Inte
rnal
Oct
ave
8/8t
hs, b
ut th
ey m
ust e
arn
the
right
to p
ush
up in
to th
e ne
xt A
rea
and
out o
f the
Con
solid
atio
n ar
ea M
any
mar
kets
rev
erse
the
1st
time
they
clo
se u
p on
the
3/8t
h Li
ne w
hich
is th
e C
eilin
g of
this
Are
a (a
nd th
e bo
ttom
of t
he n
ext h
ighe
r T
radi
ng A
rea
insi
de it
s 8/
8ths
)
0/8t
h B
asel
ine:
1/8t
h F
ast R
ever
se li
ne:
2/8t
h P
ivot
Rev
erse
line
:
3/8t
h Lo
wer
Tra
ding
Ran
ge:
Con
solid
atio
n T
radi
ng
Are
a
Hor
izon
tal L
ines
0/8t
h B
asel
ine:
1/8t
h F
ast R
ever
se li
ne:
2/8t
h P
ivot
Rev
erse
line
:
3/8t
h Lo
wer
Tra
ding
Ran
ge:
Con
solid
atio
n T
radi
ng
Are
a
Maj
or R
ever
sal l
ine
insi
de In
tern
al T
radi
ng O
ctav
e.
Har
dest
line
to b
reak
abo
ve o
r be
low
(co
min
g do
wn)
.
Fas
test
gro
win
g tr
adin
g sy
stem
for
"Rea
l S
tude
nts"
of t
radi
ng w
ho d
esire
to le
arn
how
to in
crea
se p
rofit
s!
Aut
omat
ic T
radi
ng S
trat
egy:
A)
Ove
r B
ough
t = S
ell "
Sho
rt"
The
sof
twar
e pr
ogra
m w
ill a
utom
atic
ally
dec
ide
for
you
if a
mar
ket i
s O
ver
Bou
ght o
r O
ver
Sol
d, a
nd a
utom
atic
ally
dis
play
the
Tra
ding
S
trat
egy
whe
neve
r th
e D
aily
Pric
e A
ctio
n en
ters
into
eith
er o
f the
se
two
area
s.
Mur
rey
Mat
h T
radi
ng S
yste
mT
M 1
99
3
B)
Ove
rsol
d =
Buy
"Lo
ng"
Too
Hig
h in
Pric
e an
d w
ants
to fa
ll lo
wer
Too
Low
in P
rice
and
wan
ts to
mov
e hi
gher
The
re a
re tw
o w
ays
to m
ake
prof
its tr
adin
g an
y m
ark
et:
The
re a
re tw
o w
ays
to m
ake
prof
its tr
adin
g an
y m
ark
et:
The
re a
re tw
o w
ays
to m
ake
prof
its tr
adin
g an
y m
ark
et:
A)
Buy
ing
Long
(exp
ectin
g a
mar
ket t
o m
ove
high
er s
hort
-ter
m),
B)
Sel
ling
Sho
rt(e
xpec
ting
a m
arke
t to
fall
stee
ply
shor
t-te
rm).
Mur
rey
Mat
h T
radi
ng S
yste
mT
M 1
99
3
The
Sto
ck M
arke
t goe
s up
70%
of t
he ti
me
(in to
tal d
ays)
but
mor
e “f
ast
prof
its”
are
mad
e in
qui
ck, s
teep
, fal
ling
mar
kets
so
you
mus
t lea
rn to
tr
ade
both
sid
es o
f all
mar
kets
.
The
sof
twar
e w
ill a
sses
s 10
0 st
ocks
in 3
0 se
cond
san
d se
t up
thei
r T
radi
ng
Fra
me
with
onl
y on
e cl
ick
of th
e m
ouse
on
the
dire
ctor
y's
nam
e.
Eve
ry T
rade
r ha
s be
en ta
ught
to"B
uy L
ow"
and
to "
Sel
l Hig
h"E
very
Tra
der
has
been
taug
ht to
Eve
ry T
rade
r ha
s be
en ta
ught
to"B
uy L
ow"
and
to "
Sel
l Hig
h""B
uy L
ow"
and
to "
Sel
l Hig
h"
but t
hey
wer
e ne
ver
told
whe
re e
ither
end
was
(or
is)
!
Mur
rey
Mat
h T
radi
ng S
yste
mT
M 1
99
3
Our
sof
twar
e do
es a
ll th
e "m
enta
l thi
nkin
g" fo
r yo
u a
nd
plac
es e
ach
mar
ket i
n its
ow
n un
ique
trad
ing
fram
e!
Thi
s m
arke
t ran
up
to 1
28.1
3 an
d be
cam
e ov
erbo
ught
, the
n it
fell
hard
and
fast
do
wn
-10/
8ths
and
th
en r
ever
sed
off
our
-1/8
th
MM
TLi
new
hen
it go
t ove
rsol
d.
Mur
rey
Mat
h T
radi
ng S
yste
mT
M 1
99
3
Fiv
e C
ircle
s of
Con
flict
Th
es
e 5
Cir
cle
s o
f C
on
flic
t w
ill h
elp
pre
dic
t E
llio
tt
Wa
ve
re
ve
rs
als
lo
ng
be
for
e a
ny
ma
rk
et
's D
aily
Tra
din
g
Pr
ice
Ac
tio
n m
ov
es
in
to
it
s T
ra
din
g
Fra
me
.
Ar
e c
on
st
ru
ct
ed
"A
ut
om
at
ica
lly"
ins
ide
th
e "
pr
e-s
et
" T
ra
din
g
Fr
am
e.
Th
e D
aily
Tr
ad
ing
Pri
ce
Ac
tio
n o
f a
ny
ma
rk
et
will
wa
nt
to
"a
vo
id"
th
es
e 5
Cir
cle
s o
f C
on
flic
t 6
8.%
of
th
e T
ime
.
Ne
w s
tu
de
nt
s w
ill l
ea
rn
to
se
e m
ark
et
tra
din
g a
ct
ion
try
ing
to
av
oid
th
es
e
ce
nt
er
cir
cle
s a
s i
t t
rad
es
th
ro
ug
h
(le
ft t
o r
igh
t)
its
cu
rr
en
t T
rad
ing
Fra
me
.
Fiv
e C
ircle
s of
Con
flict
Ora
nge
Juic
e F
utur
es c
hart
: (w
ith 5
Circ
les
of C
onfli
ct)
The
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
ese
ts a
ll ho
rizon
tal l
ines
aut
omat
ical
lyfo
r yo
u. S
pend
mor
e tim
e w
ith y
our
fam
ily a
nd fr
iend
s: g
o pl
ay g
olf!
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
TM
199
8
The
se 5
Circ
les
of C
onfli
ct w
ill
repe
l the
dai
ly
pric
e-ac
tion
68%
of
the
time.
The
S
tand
ing
Wav
e in
Phy
sics
S
toch
astic
s S
ound
F
requ
ency
Pitc
h C
hang
e in
side
M
urre
y M
ath
Har
mon
ic
Oct
ave
Ple
ase
coun
t the
18
reve
rses
this
mar
ket’s
dai
ly p
rice
actio
n re
acte
d an
d re
vers
ed o
ff ou
r M
M p
re-s
et
inte
rnal
Oct
ave
Tra
ding
Lin
es. W
e do
n’t s
et o
ur li
nes
to p
rice,
we
let p
rice
com
e to
our
MM
TLi
nes.
Exa
mpl
e:B
oein
g A
ircra
ft
Thi
s st
ock
fell
from
a r
ecen
t hig
h of
50
. bac
k do
wn
into
its
curr
ent
trad
ing
high
/ lo
w.
auto
mat
ical
lyse
ts th
e T
radi
ng O
ctav
e fo
r yo
u.T
his
stoc
k’s
Tra
ding
Oct
ave
is 3
7.50
(8/
8th)
dow
n to
31.
25 (
0/8t
h)
The
Mur
rey
Mat
h T
radi
ng F
ram
e S
oftw
are
TM
199
9
Thi
s T
radi
ng O
ctav
edi
ffers
from
any
oth
er tr
adin
g sy
stem
for
our
softw
are
auto
mat
ical
lyfig
ures
whe
re th
e so
ftwar
e sh
ould
set
the
0/8t
hsan
d 8/
8ths
(set
insi
de o
ne o
f thr
ee
squa
res
set o
f bas
e te
n) w
hich
is r
eally
mov
ing
insi
de a
cub
e: Y
ou w
ill s
ee it
soo
n. T
he
Dai
ly T
radi
ng A
ctio
n is
“at
trac
ted
to”
or “
rep
elle
d by
” th
ese
horiz
onta
l MM
Tra
ding
Lin
es.
Thi
s ki
nd o
f tra
ding
oct
ave
is r
efer
red
to in
the
futu
re a
s th
e
Mur
rey
Mur
rey
Mat
h H
arm
onic
Oct
ave.
Mat
h H
arm
onic
Oct
ave.
Exa
mpl
e:B
oein
g A
ircra
ft
Thi
s ki
nd o
f oct
ave
is r
efer
red
to in
the
futu
re a
s th
e
Mur
rey
Mur
rey
Mat
h H
arm
onic
Oct
ave.
Mat
h H
arm
onic
Oct
ave.
Ple
ase
notic
e ho
w m
any
times
the
daily
trad
ing
actio
n of
this
sto
ck
"Kne
w"
whe
re o
ur p
re-s
etM
urre
yM
ath
Tra
ding
Li
nes
wer
e...
(an
d r
eact
ed b
y re
vers
ing
off
th
em)?
!
The
re a
re (
18)
reve
rses
off
our
Inte
rnal
Har
mon
ic O
ctav
e 1/
8ths
se
t to
Mus
ic!
As
you
grow
in y
our
know
ledg
e of
Mur
rey
Mat
h, y
ou w
ill a
maz
e yo
urse
lf th
at y
ou s
hall
be
able
to "
mem
oriz
e" a
ll (4
9)
of th
e in
tern
al, e
xter
nal
octa
ves
insi
de th
e 1s
t T
radi
ng S
quar
e.
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
Ple
ase
notic
e th
at e
ach
daily
trad
ing
rang
e is
pic
ture
d in
Jap
anes
e C
andl
estic
ks.
Ple
ase
lear
n to
rea
d th
em a
nd k
now
th
e ba
sic
(64)
: m
any
book
s av
aila
ble.
TM
199
8
Eve
ry fa
ll (r
ight
on
the
1st f
rost
) ou
r so
ftwar
e re
sets
our
Tra
ding
Fra
me.
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
Fur
ther
Exp
lana
tion
As
any
mar
ket r
uns
into
its
Tra
ding
Fra
me:
We
may
exp
ect t
he g
reat
est
reve
rses
to o
ccur
on:
1) 4
Day
,
3) 1
6 D
ay,
(nor
mal
trad
ing
fram
e)
2) 8
Day
,
4) 3
2 D
ay,
5) 6
4 D
ay T
ime
Fra
me
0/8t
hs, 2
/8th
s, 4
/8th
s, 6
/8th
s,an
d fin
ally
sta
rtin
g ov
er o
n 0/
8ths
.
TM
199
8
The
mos
t crit
ical
rev
ersa
l day
is
6/8
ths
insi
de th
e T
radi
ng
Fra
me.
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
90 D
ay T
rial O
ffer!
!
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
Fur
ther
Exp
lana
tion
16 is
nor
mal
for
stoc
ks, B
onds
, an
d In
dexe
s, a
nd 3
2 is
mor
e no
rmal
for
Com
mod
ities
.
We
mus
t sw
itch
back
and
fort
h be
twee
n m
ore
than
one
Tim
e F
ram
e to
get
the
clos
est T
radi
ng
Fra
me
that
giv
es u
s th
e be
st fe
el
for
our
proj
ecte
d pr
ofits
. So
me
stud
ents
say
,"W
ell
wha
t do
we
do if
it r
ever
se
off:
1/8
th, 3
/8th
s,5/
8ths
or
fina
lly 7
/8th
s ?"
TM
199
8
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
90 D
ay T
rial O
ffer!
!
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
I wou
ld s
ugge
st th
at y
ou r
ever
se p
ositi
ons.
(si
mpl
e
enou
gh).
The
re a
re tw
o re
ason
s w
hy m
arke
ts w
ant t
o re
vers
e o
ff a
mul
tiple
of fo
ur
days
: 1) T
he E
arth
is s
et to
thre
e da
ys o
f mag
netis
m a
nd
one
day
of n
eutr
ality
set
off
the
1st F
rost
(ea
ch fa
ll):
2) T
he S
.E.C
. req
uire
s al
l tra
ding
bro
kera
ge h
ouse
s to
ret
urn
mon
ies
afte
r th
ree
days
whe
n a
sale
(Lo
ng o
r S
hort
) P
ositi
on is
ex
ecut
ed.
TM
199
8
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
90 D
ay T
rial O
ffer!
!
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
1) T
he E
arth
is s
et to
thre
e da
ys o
f mag
netis
m a
nd
one
day
of n
eutr
ality
set
off
the
1st F
rost
(ea
ch fa
ll):
2) T
he S
.E.C
. req
uire
s al
l tra
ding
bro
kera
ge h
ouse
s to
ret
urn
mon
ies
afte
r th
ree
days
whe
n a
sale
(Lo
ng o
r S
hort
) P
ositi
on is
ex
ecut
ed.
So
we
"see
" th
at th
e S
.E.C
. is
setti
ng it
s ow
n H
arm
onic
Rhy
thm
S
o w
e "s
ee"
that
the
S.E
.C. i
s se
tting
its
own
Har
mon
ic R
hyth
m
insi
de o
ur T
radi
ng F
ram
e, w
hich
(at
ext
rem
e hi
ghs
or
low
s) w
ill
insi
de o
ur T
radi
ng F
ram
e, w
hich
(at
ext
rem
e hi
ghs
or
low
s) w
ill
run
out o
f liq
uidi
ty fo
r a
few
day
s, s
o w
e w
ould
ex
pect
rev
erse
sru
n ou
t of l
iqui
dity
for
a fe
w d
ays,
so
we
wou
ld e
xpe
ct r
ever
ses
. .
TM
199
8
Too
man
y ot
her
so-c
alle
d "g
urus
" w
ill lo
ok a
t our
Tim
e Li
nes
and
laug
h at
us
for
tryi
ng to
"pr
edic
t" T
ime
Rev
ersa
ls
off s
ettin
g up
onl
y on
e S
tart
ing
Poi
nt a
nd m
ovin
g fo
rwar
d to
th
e rig
ht (
until
the
end
of th
e tr
adin
g ye
ar).
No
sane
hum
an c
an e
xpec
t our
so
ftwar
e to
"pr
edic
t" T
ime
Rev
ersa
ls b
efor
e th
ey g
et th
ere
(to
any
Ver
tical
Tim
e Li
ne),
but
logi
c an
d co
mm
on s
ense
sug
gest
that
tim
e R
ever
sals
sha
ll oc
cur
insi
de
each
Tra
ding
Fra
me
off o
ur E
ven
Num
bers
. S
ome
"gur
us"
laug
h th
at m
y T
ime
Rev
ersa
l (V
ertic
al)
Line
s ar
e on
ly 7
5.%
acc
urat
e (w
ith a
sta
ndar
d er
ror
plus
or
min
us o
f tw
o da
ys)
but t
hey
fail
to k
now
how
to p
ut th
e pi
eces
toge
ther
for
trad
ing
thro
ugh
time
we
set a
spe
ed
angl
e (u
p or
dow
n) to
"ca
tch"
rev
erse
s th
at d
on't
"hit"
rig
ht
on th
e "e
xact
" D
ay.
Sin
ce M
utua
l Fun
ds m
ust s
tay
inve
sted
95.
% o
f the
tim
e (n
o m
atte
r w
hich
way
th
e m
arke
t is
runn
ing)
, rev
erse
s ar
e ac
cele
rate
d by
1) s
ellin
g a
port
ion
of th
eir
"win
ners
"
2) s
ellin
g a
larg
er p
ortio
n of
thei
r la
rges
t "lo
sing
" po
sitio
ns.
Rev
ersa
l Day
s in
side
Tra
ding
Fra
me:
(16
) an
d (3
2) "
pred
ict"
str
onge
r "r
eact
ions
" w
hen
a m
arke
t tra
des
into
a c
erta
in z
one
of T
ime.
Ple
ase
don'
t dis
card
all
our
(9)
trad
ing
rule
s an
d re
ly to
o he
avily
upo
n T
ime
Rev
ersa
ls a
s th
e "U
ltim
ate
Pre
dict
or."
Tim
e is
not
a im
port
ant a
s yo
u w
ere
led
to b
elie
ve.
Pric
e A
ccel
erat
ion
(up
or d
own)
in th
e sh
orte
st T
ime
Per
iod
is th
e si
mpl
est w
ay to
m
ake
Tra
der's
Pro
fits
from
Tra
ding
, Pric
e C
hang
e no
t Tim
e C
hang
eis
bet
ter.
You
are
told
that
you
sho
uld
"hol
d"
long
er o
r be
com
e a
“pos
ition
" tr
ader
who
is s
atis
fied
to “
give
up”
sh
ort-
term
pro
fits"
by
Hop
ing
and
Pra
ying
it w
ill a
lway
s re
vers
e an
d m
ove
mor
e in
you
r di
rect
ion.
Fin
ally
, it i
s be
tter
to k
now
som
ethi
ng
mig
ht h
appe
n on
any
cer
tain
day
(an
d it
not h
appe
n) a
nd to
pre
pare
for
it, s
o w
e m
ust a
lway
s be
thin
king
Pric
e C
hang
e (p
rofit
s) in
the
shor
test
per
iod
of T
ime.
Ple
ase
star
t cou
ntin
g fr
om a
ny r
ever
sal (
low
or
high
) an
d co
me
forw
ard
(to
the
right
) an
d se
e if
the
mov
e to
has
run
in o
ne d
irect
ion
3/8t
hs o
r 5/
8ths
in T
ime
!?
The
max
imum
pric
e m
ovem
ent (
in th
e sh
orte
st p
erio
d of
tim
e)
is o
ur g
oal.
Old
Ann
iver
sary
Dat
es a
re s
igni
fican
t to
our
"tra
ding
men
talit
y"bu
t pric
e re
vers
als
in d
ista
nce
in p
rice
are
alw
ays
mor
e pr
ofita
ble
than
"w
aitin
g" s
ix
mon
ths
to h
ave
any
rule
fulfi
lled
(or
not)
.
Mos
t im
port
ant i
s th
e 3/
8th
/ 5/8
th "
prof
it" r
ule.
His
tory
alw
ays
repe
ats
itsel
f but
let's
trad
e to
day
and
let t
he "
guru
s" (
who
do
n't t
rade
pre
dict
the
futu
re).
87.5
% o
f all
"stu
dent
s" in
any
"c
lass
room
situ
atio
n" e
xpec
t the
"t
each
er"
to b
e "p
erfe
ct"
in th
eir
prog
nost
icat
ions
, but
they
will
fail
to
do tw
o th
ings
:
1) "
resp
ond"
and
ent
er a
trad
e
2) le
ave
and
go to
ano
ther
"gu
ru"
who
will
"p
rom
ise"
som
ethi
ng to
hap
pen
way
out
in th
e fu
ture
.
Nev
er s
tart
thin
king
any
fart
her
out (
into
the
futu
re)
past
(64
)T
radi
ng D
ays.
(un
less
yo
u ar
e th
inki
ng a
bout
"ol
d hi
ghs
or lo
ws"
).
Hum
an N
atur
e be
ing
wha
t it i
s, a
nyon
e w
ho p
rom
ises
to te
ll yo
u w
hat w
ill h
appe
n ou
t pa
st (
64)
Tra
ding
Day
s, is
a "
guru
" w
ho c
an't
trad
e to
day
(bec
ause
they
are
alw
ays
goin
g to
tell
wha
t will
hap
pen
next
: wee
k, m
onth
, yea
r!
Who
car
es?
If yo
u do
n't h
ave
any
mon
ey o
n th
e lin
e (b
acki
ng y
our
pred
ictio
n).
Exa
mpl
e: 1
929
Hig
h th
e S
&P
500
Cas
h In
dex
(set
to th
e M
urre
y M
ath
Tra
ding
Fra
me)
sai
d th
is m
arke
t was
Ove
rbou
ght (
up o
n its
+1/
8ths
) pr
ice
line
abov
e its
Har
mon
ic O
ctav
e bu
t the
Tim
e Li
ne r
ever
se h
appe
ned
whe
n it
did
and
not s
ince
th
en h
as a
nyon
e se
en a
dire
ct c
orre
latio
n be
twee
n th
is d
ay a
nd th
e la
st r
ever
sal t
his
past
fall.
Afte
r yo
u "c
lean
se"
your
men
talit
y of
trad
ing
off T
ime
and
back
on
amou
nts
of c
ool c
ash,
you
will
wan
t to
trad
e m
ore
and
enj
oy it
mor
e.
If yo
u w
ant t
o pr
edic
t the
futu
re (
Tim
e R
ever
sals
), p
leas
e ge
t you
a c
ard
tabl
e an
d go
ov
er to
the
com
mun
ity "
fair"
and
cha
rge
$ 1.
00 p
er "
pred
ictio
n" a
nd "
see"
how
long
the
line
runs
bac
k be
hind
you
.
If yo
u w
ant t
o at
tach
you
rsel
f (so
lely
) to
Tim
e R
ever
sal T
radi
ng, y
ou s
hall
be p
art o
f tha
t gr
oup
who
pro
vide
s th
e ba
se o
f cap
ital f
or u
s to
trad
e se
vera
l tim
es in
side
the
trad
ing,
w
hile
rev
ersa
ls m
ostly
mis
s by
one
day
, so
mos
t "in
to th
e fu
ture
" T
ime
Sig
nals
will
nev
er
"trig
ger"
an
entr
y po
int,
whi
ch w
ill g
ive
"out
in th
e fu
ture
this
will
hap
pen"
an
out t
o no
t en
terin
g a
posi
tion
(pre
sent
ly).
The
hum
an p
sych
olog
y of
why
mos
t stu
dent
s ca
n't p
ull t
he "
trig
ger"
and
ent
er a
trad
e is
th
at th
ey w
ant t
o be
told
that
som
ethi
ng w
ill h
appe
n at
a p
reci
se ti
me
and
date
and
if it
do
esn'
t and
they
put
thei
r fa
ith in
any
"gu
ru"
they
mus
t mak
e up
an e
xcep
tion
of th
e ru
le o
r th
ey m
ust k
eep
sile
nt (
for
a w
hile
till
we
forg
et).
Fin
ally
, ple
ase
don'
t spe
nd to
o m
uch
time
trin
gto
"pr
edic
t" o
r "s
ee"
into
the
futu
re a
ny fa
rthe
r ou
t tha
n an
y 1s
t gra
der
can
coun
t (64
) !
Last
Jul
y 9t
h, 1
998,
I to
ld e
very
one
to c
lose
out
thei
r "L
ong
Pos
ition
s" b
ecau
se it
was
si
tuat
ed in
a th
ree-
way
neg
ativ
e (p
ositi
ve)
sell
sign
al:
1) m
arke
t up
+ 7
/8th
s in
side
its
Tra
ding
Fra
me,
2)
mar
ket m
oved
up
too
stee
ply
the
last
3 m
onth
s,
3) p
lus,
the
old
high
s w
ere
"exa
ctly
" (6
) m
onth
s ag
o.
Wha
t did
you
do
?
Onl
y on
e-ha
lf of
one
per
cent
of a
ll m
utua
l fun
d I.R
.A. p
artic
ipan
ts e
ver
mov
e an
y of
thei
r fu
nds
into
a "
safe
r pr
ofit-
pres
ervi
ng"
Mon
ey M
arke
t Fun
d, s
o yo
u m
ight
ex
pect
mos
t of w
hat I
eve
r sa
y to
fall
on o
ne e
ar th
at is
"af
raid
" an
d on
e "d
eaf"
to
logi
c an
d co
mm
on s
ense
(th
at m
arke
ts d
on't
go s
trai
ght u
p).
You
r ab
ility
to s
epar
ate
your
self
from
you
r fr
iend
s an
d th
eir
"let i
t tak
e ca
re o
f its
elf a
ttitu
de"
and
how
fast
you
do
it, w
ill b
e th
e la
rges
t fac
tor
that
take
s yo
u to
war
d th
e "g
ratif
icat
ion"
that
you
did
not
spe
ndtim
e w
aitin
g fo
r th
e fu
ture
to b
e th
e pa
st (
so y
ou c
ould
look
bac
k an
d sa
y ho
w y
ou w
ould
hav
e re
acte
d) a
nd y
ou a
ffect
you
r ow
n fu
ture
"p
redi
ctio
ns"
off "
pres
ent-
day"
trad
ing.
#5)
Rev
erse
Lin
es: P
ivot
Rev
ersa
ls:
0/8t
h, 2
/8th
s, 4
/8th
, 6/8
th,a
n/or
8/8
ths:
Insi
de th
e M
urre
yM
ath
Har
mon
ic O
ctav
e T
radi
ng F
ram
e:0/
8ths
to 8
/8th
s (a
utom
atic
ally
set
by
softw
are)
any
mar
ket i
n yo
ur d
irect
ory
!
Ple
ase
look
at t
he a
ttach
ed c
hart
(B
A)
Boe
ing
Airc
raft.
Thi
s st
ock
is r
ever
sing
off
its In
tern
alM
urre
yM
ath
Line
s: 0
/8th
s, 2
/8th
s, 4
/8th
s,
6/8t
hs, a
nd 8
/8th
s: (
as a
n ex
pone
nt o
f the
Law
of D
istr
ibut
ion)
:ins
ide
the
Har
mon
ic R
hyth
m O
ctav
e (s
et to
the
Bas
e of
Ten
).
The
hum
an b
ody
is d
ivid
ed (
at c
once
ptio
n) b
y B
inar
y M
ath:
1, 2
, 4, 8
, 16,
32,
64
cells
et
c., u
ntil
you
end
up (
as b
eaut
iful o
r ug
ly a
s yo
u pe
rcei
ve y
ours
elf)
.
All
mar
kets
are
set
to th
e sa
me
Bin
ary
Mat
h:M
MT
Line
s(b
ut o
ur s
oftw
are
does
it
all a
utom
atic
ally
for
you
(if y
ou ju
st m
ake
one
clic
k of
the
mou
se).
Look
ing
at th
is c
hart
(or
any
cha
rt)
you
will
"di
scov
er"
thro
ugh
(sig
ht-r
ecog
nitio
n)
that
the
odds
are
"pr
e-se
t."
No
mar
ket w
ants
to m
ove
mor
e th
an (
+)
or (
-) 2
/8th
s in
side
its
Har
mon
ic O
ctav
e 75
.%
of th
e tim
e (t
hen
it w
ants
to r
ever
se).
And
if it
mov
es 3
/8th
s (u
p or
dow
n) th
e od
ds a
re
93.%
that
it w
ill r
ever
se (
dire
ctio
ns)
for
at le
ast o
ne tr
adin
g da
y (e
ven
if it
reve
rses
and
co
ntin
ues
its c
urre
nt tr
end)
.
Too
man
y "w
anna
-bee
" tr
ader
s w
ill w
ait t
ill "
conf
irmat
ion"
is c
onfir
med
(an
d it
is
alre
ady
up o
r do
wn
(2/8
ths)
then
ent
er a
nd w
onde
r w
hy th
ey a
re a
lway
s m
issi
ng
mos
t of t
he m
ove
or g
ettin
g "w
hip-
lash
ed"
by h
avin
g it
reve
rse
and
com
e ba
ck
agai
nst y
ou to
o of
ten.
The
se li
nes:
(E
ven)
line
s "p
redi
ct"
pivo
t rev
erse
s m
ore
ofte
n th
an a
ny s
et o
f lin
es: f
or o
ne s
impl
e re
ason
:Fib
onac
ciR
atio
.(1.
125%
).
The
mor
e ac
cura
te R
atio
is th
eM
urre
yM
ath
Rat
e P
erce
nt M
ovem
ent:
(set
insi
de o
ur S
quar
e).(
mor
e ab
out t
his
late
r).
The
re a
re o
nly
four
squ
ares
any
mar
ket i
n th
is w
orld
has
eve
r tr
aded
insi
de a
nd th
ey
are:
100
, 1,0
00, 1
0,00
0 an
d 10
0,00
0.
We
don'
t wan
t to
(pre
sent
ly)
get i
nto
how
thes
e pe
rcen
tage
s (1
.125
) "p
redi
ct"
expa
nsio
n an
d co
ntra
ctio
ns o
ff pr
esen
t lev
els
but t
hey
do.
All
we
wan
t to
do is
"se
e" a
ny m
arke
t mov
e up
or
dow
n to
one
of o
ur e
ven
lines
an
d cl
ose
(for
the
day)
rig
ht o
n th
e lin
e (o
r w
ithin
19
or 3
9 ce
nts
from
the
line)
: th
en g
et r
eady
for
it to
rev
erse
the
next
day
.(ex
perie
nced
trad
ers
follo
w a
noth
er
rout
e) (
late
r).
The
0/8
th, 4
/8th
, and
8/8
thM
MT
Line
sar
e ha
rder
to p
enet
rate
, so
we
wou
ld
expe
ct to
"se
e" r
ever
ses
occu
r of
f the
se li
nes.
Com
mon
sen
se r
ules
our
logi
c, s
o, th
e di
stan
ce tr
avel
ed (
the
long
er th
e be
tter)
w
ill a
lso
"pre
dict
" ou
r be
st o
dds
for
a re
vers
al.
The
0/8
th a
nd 8
/8th
MM
TLi
nes
are
the
top
and
botto
m o
f the
Har
mon
ic O
ctav
e, s
o w
e w
ould
exp
ect
thes
e lin
es to
hol
d (s
tall
or r
ever
se)
any
mar
ket t
he 1
st ti
me
it ap
proa
ches
(up
or
dow
n). T
hese
ho
rizon
talM
MT
Line
sar
e al
way
s pr
e-se
t (by
the
softw
are)
as
soon
as
the
high
/ lo
w d
aily
trad
ing
rang
e ex
trem
es fa
ll in
to o
ne o
f our
Har
mon
ic In
tern
al O
ctav
es.
One
sho
uld
striv
e to
lear
n an
d m
emor
ize
thes
e ho
rizon
talM
MT
Line
s. S
erio
us
trad
ers
wan
t eve
ryth
ing
to b
e au
tom
atic
(un
der
pres
sure
). N
o gr
eat q
uart
erba
ck
ever
sto
pped
the
play
to lo
ok d
own
at th
e lin
es o
n th
e fie
ld.
Ple
ase
rem
embe
r th
ese
lines
as
pivo
t lin
es th
at r
ever
se a
fter
2/8t
hs r
uns
mor
e of
ten
than
oth
er li
nes,
so
we
wou
ld lo
ok fo
r m
arke
ts th
atst
allo
ut(c
lose
) on
th
ese
lines
.
Ple
ase
rem
embe
r th
ese
lines
as
pivo
t lin
es th
at r
ever
se a
fter
2/8t
hs r
uns
mor
e of
ten
than
oth
er li
nes,
so
we
wou
ld lo
ok fo
r m
arke
ts th
atst
allo
ut(c
lose
) on
thes
e lin
es.
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
TM
199
8
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
As
k t
he
se
qu
es
tio
ns
in
th
e s
am
e o
rd
er
ev
er
y t
ime
yo
u
ob
se
rv
e a
ma
rk
et
yo
u w
ou
ld e
xp
ec
t t
o t
ra
de
:
Less
on #
1. C
ertif
icat
ion
Cla
sses
: Ten
Rul
es
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
# 1:
Wha
t was
the
tota
l ran
ge o
f tod
ay’s
Tra
ding
act
ion?
Up
Day
’s R
ange
:U
p D
ay’s
Ran
ge:
A)
Ope
n -
hips
B)
Low
C)
Hig
h
D)
Clo
se -
Sho
ulde
rs
Dow
n D
ay’s
Ran
ge:
Dow
n D
ay’s
Ran
ge:
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
The
ave
rage
bet
wee
n th
e op
en a
nd th
e cl
ose
(pric
e m
omen
tum
rev
ersa
l piv
ot p
oint
) m
emor
ize
for
one
day.
A)
Ope
n -
hips
B)
Low
C)
Hig
h
D)
Clo
se -
Sho
ulde
rs
Dow
n D
ay’s
Ran
ge:
Dow
n D
ay’s
Ran
ge:
Up
Day
’s R
ange
:U
p D
ay’s
Ran
ge:
Wai
st:
The
clo
se (
if it
mov
es a
t lea
st 1
/8th
intr
a-da
y) s
houl
d no
w b
e th
e pr
ice
mom
entu
m p
ivot
poi
nt (
to r
ever
se o
ff th
e ne
xt tr
adin
g da
y)N
eck:
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Vol
ume
of to
day’
s m
arke
t ver
sus
yest
erda
y’s
volu
me?
(diff
eren
ce a
t any
hig
h or
low
ran
ge o
f mor
e th
an 2
5.%
)
#2:
Thi
s lo
wer
or
high
er v
olum
e w
ill o
ften
sign
al
Thi
s lo
wer
or
high
er v
olum
e w
ill o
ften
sign
al
a re
vers
al o
r di
rect
ion
sign
al.
a re
vers
al o
r di
rect
ion
sign
al.
#3:
How
far
has
this
mar
ket r
un (
up o
r do
wn)
cu
rren
tly in
1/8
ths?
Thi
s is
the
3rd
mos
t im
port
ant t
radi
ngT
his
is th
e 3r
d m
ost i
mpo
rtan
t tra
ding
fact
or to
kee
p in
min
d ea
ch d
ay.
fact
or to
kee
p in
min
d ea
ch d
ay.
How
do
you
star
t the
co
unt ?
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
1/8t
hs. I
f it h
as m
oved
into
the
next
1/8
th a
t lea
st h
alf w
ay, i
t is
cons
ider
ed to
hav
e tr
avel
ed a
ll th
e w
ay th
roug
h th
is
1/8,
If it
do
esn’
t mak
e it
into
the
next
1/8
th h
alf w
ay it
is
said
to b
e st
arte
d ba
ck a
t the
beg
inni
ng o
f the
pre
viou
s 1/
8th
.
All
mar
kets
wan
t to
run
up:
+ 1
/8th
(50
.%),
2/
8th
(75.
%),
3/
8th
87.5
%),
5/
8th
(93.
3/4%
),
7/8t
h (9
6.%
),
9/8t
hs (
97.5
%),
11
/8th
s (9
8.%
) re
vers
e.
All
mar
kets
wan
t to
fall:
2/8t
h (5
0.%
),4/
8th
(75.
%),
6/8t
h (8
7.5%
),6/
8th
(93.
3/4%
),8/
8th
(96.
%),
10/8
ths
(97.
5%),
12/
8ths
(98
.%)
reve
rse.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Is th
is m
arke
t rev
ersi
ng o
ff a
Is th
is m
arke
t rev
ersi
ng o
ff a
MM
TS
Line
MM
TS
Line
??#4
:
11.2
5, 2
2.5,
33.
75, 4
5., 5
6.25
, 67
.5, o
r 78
. deg
ree
angl
e ?
Mar
kets
rev
erse
fast
est o
ff: 3
3, 4
5, o
r 78
de
gree
ang
led
spee
d Li
nes.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
Whe
re a
ny m
arke
t com
es in
to th
e tr
adin
g fr
ame
dete
rmin
es h
ow m
uch
(%)
you
will
mak
e fr
om a
rev
ersa
l up
or d
own.
+ 2
/8th
s
Thi
s m
arke
t may
rev
erse
eith
er w
ay s
o w
ait f
or r
ever
se (
rare
)+
1/8
ths
=
1,
Top
8/8
ths
= 1
,27/
8ths
=
1,2
,36/
8ths
=
2,3
,45/
8ths
=
2,3
,44/
8ths
=
3,4
,53/
8ths
=
4,5
,62/
8ths
=
5,6
,71/
8ths
=
6,7
,8Z
ero/
8ths
=
7,8
,9-
1/8t
hs
=
8,9
,10
-2/
8ths
= 9
,10,
11 t
hese
are
the
upsi
de p
oten
tials
for
prof
its (
Long
).
Pro
fit P
oten
tial f
or m
arke
ts r
ever
sing
and
mov
ing
up o
ff la
st L
ow: (
com
ing
into
the
Tra
ding
F
ram
e):
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
Too
man
y tr
ader
s th
ink
any
mar
ket w
ill m
ove
back
to o
ld lo
ws
or h
ighs
but
they
mus
t mov
e th
roug
h an
y +
2/8t
hs o
r -2
/8th
s an
d ho
ld a
t thi
s pr
ice
for
four
day
s in
a r
ow o
r m
ove
past
thes
eM
MT
Line
sby
an
addi
tiona
l 30
cent
s.
+ 2
/8th
s
= 9
,10,
11 t
his
is th
e up
side
pot
entia
l for
pro
fits
(Lon
g).
+ 1
/8th
s
= 8
,9,1
0T
op 8
/8th
s =
7,8
,97/
8ths
=
6,7
,86/
8ths
=
5,6
,75/
8ths
=
4,5
,64/
8ths
=
3,4
,53/
8ths
=
2,3
,42/
8ths
=
2,3
,41/
8ths
=
1,2
,3Z
ero/
8ths
=
1,2
-1/
8ths
= 1
,-
2/8t
hs
=
Thi
s m
arke
t may
rev
erse
eith
er w
ay s
o w
ait f
or r
ever
se (
rare
)
Pro
fit P
oten
tial f
or m
arke
ts r
ever
sing
and
mov
ing
dow
n of
f las
t Hig
h:
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
Ple
ase
keep
in m
ind
the
last
run
leng
th a
nd w
heth
er it
was
up
ordo
wn.
You
may
exp
ect t
o ge
t re
sist
ance
at 3
7.5%
, 50.
%, o
r 62
.5%
of t
his
last
run
and
it w
illw
ant t
o st
all-o
ut a
nd s
top
agai
nst
thes
e ra
tios.
Esp
ecia
lly if
they
als
o m
atch
up
on a
MM
TLi
ne.
+ 2
/8th
s
Thi
s m
arke
t is
too
high
and
will
be
mon
itore
d cl
osel
y?+
1/8
ths
=
Ove
r B
ough
t (T
oo h
igh
on e
nthu
sias
m)
Top
8/8
ths
= U
pper
end
of t
he O
ctav
e (w
ants
to s
tay
in h
ere)
7/8t
hs
= W
eak
Fas
t Rev
erse
Lin
e6/
8ths
=
Piv
ot R
ever
se L
ine
5/8t
hs
= U
pper
Tra
ding
Ran
ge (
Com
fort
able
trad
ing
in h
ere)
4/8t
hs
= 5
0.%
= h
arde
st to
bre
ak th
roug
h (u
p or
dow
n) th
e 1s
t Tim
e3/
8ths
=
Low
er T
radi
ng R
ange
(C
omfo
rtab
le tr
adin
g in
her
e)2/
8ths
=
Piv
ot R
ever
se L
ine
1/8t
hs
= W
eak
Fas
t Rev
erse
Lin
eZ
ero/
8ths
=
Low
er E
nd o
f Oct
ave
(wan
ts to
sta
y in
her
e)-
1/8t
hs
=
Ove
rsol
d (T
oo h
igh
on e
nthu
sias
m)
-2/
8ths
= T
his
mar
ket i
s to
o Lo
w a
nd w
ill b
e m
onito
red
clos
ely?
MM
TLi
nes
are
mor
e pr
edic
tabl
e.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
All
mar
kets
will
wan
t to
trad
e in
side
its
Tra
ding
Ran
ge P
re-s
et b
y th
e M
urre
yM
ath
Tra
ding
F
ram
e S
oftw
are
Har
mon
ic O
ctav
e(3
/8th
s an
d 5/
8ths
) 43
.3/4
% o
f the
tim
e. If
it g
ets
up (
ahea
d)
of it
self
too
far
and
mov
es u
p pa
st it
s +
2/8t
hs, (
abov
e 8/
8ths
) th
en th
e so
ftwar
e an
d yo
ur b
rain
w
ill s
impl
y “d
oubl
e”
the
pric
e ac
tion
and
set t
he O
ctav
e to
the
next
hig
her
set o
f num
bers
for
the
part
icul
ar m
arke
t you
are
cur
rent
ly tr
adin
g.
MM
TLi
nes
are
mor
e pr
edic
tabl
e.
But
, if a
mar
ket g
ets
up a
head
of i
tsel
f (ab
ove
its 8
/8th
s lin
e)an
d ca
n’t b
reak
out i
nto
the
next
Oct
ave,
it w
ill c
ome
back
dow
n in
side
its
trad
ing
rang
e an
d tr
y an
d ba
lanc
e ou
t the
adv
ance
(ov
er ti
me)
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
The
nor
mal
spe
ed a
ngle
of a
dvan
cem
ent t
hrou
gh a
squ
are
of 3
2 or
64
is a
22.
5 de
gree
ang
le (
pric
e ap
prec
iatio
n) o
ver
time
thro
ugh
our
trad
ing
fram
e.
All
mar
kets
are
sub
ject
to “
run-
ups”
of 1
1.25
or
22.5
deg
rees
, exc
ept t
he In
dexe
s, w
hich
will
w
ant t
o ru
n-up
alo
ng 4
5 de
gree
ang
led
lines
.
We
shou
ld e
xpec
t mar
kets
to r
un u
p al
ong
a 11
.25
degr
ee a
ngle
d lin
e in
Tra
ding
Fra
mes
of
(16)
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
If an
y m
arke
t com
es in
to it
s tr
adin
g fr
ame
at a
rat
e of
spe
ed g
reat
er th
an 2
2.5
degr
ees
of
angl
e, it
is s
aid
to b
e m
ovin
g up
too
fast
and
it w
ill h
ave
to c
ome
back
dow
n or
“ex
plod
e” in
to
the
next
hig
her
trad
ing
octa
ve.
The
rev
erse
is n
ot a
lway
s tr
ue o
f fal
ling
mar
kets
: bad
mar
kets
will
not
alw
ays
com
e ba
ck u
p m
ore
than
+1/
8th
or +
2/8t
hs o
ff th
eir
low
s th
e 1s
t tim
e th
ey r
ever
se a
fter
falli
ng m
ore
than
-5/
8ths
off
its h
ighs
).
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
We
are
look
ing
to tr
ade
a m
arke
t Lon
g w
hen
it is
re
vers
ing
off i
ts
Hor
izon
tal M
MT
Line
:
A)
Bes
t odd
s po
tent
ial =
1/8
ths
MM
TLi
ne
B)
2nd
Bes
t odd
s po
tent
ial =
zer
o/8t
hs o
r 2/
8ths
MM
TLi
nes
C)
3rd
Bes
t odd
s po
tent
ial =
-1/
8ths
MM
TLi
ne
D)
4th
Bes
t odd
s po
tent
ial =
-2/
8ths
MM
TLi
ne
We
are
look
ing
to tr
ade
a m
arke
t Sho
rt w
hen
it is
rev
ersi
ng o
ff its
:
A)
Bes
t odd
s po
tent
ial =
7/8
ths
MM
TLi
ne
B)
2nd
Bes
t odd
s po
tent
ial =
8/8
ths
or 6
/8th
sM
MT
Line
s
C)
3rd
Bes
t odd
s po
tent
ial =
+ 1
/8th
sM
MT
Line
D)
4th
Bes
t odd
s po
tent
ial =
+ 2
/8th
s M
MT
Line
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re d
oes
this
mar
ket e
nter
the
trad
ing
fram
e ?
#5:
“Whi
p-La
sh”
trad
ing
occu
rs m
ost o
ften
whe
n a
trad
er w
ants
to e
nter
trad
es w
hen
a m
arke
t is
trad
ing
insi
de it
s T
radi
ng R
ange
(3/
8ths
and
5/8
ths)
.
You
will
not
pro
fit e
noug
h (%
) an
d yo
u w
ill g
et “
wh
ip-la
shed
” re
vers
ed u
pon
mor
e of
ten
insi
de th
ese
(T/R
) pr
ice
rang
es, s
o ta
ke s
mal
ler
prof
its in
side
th
is a
rea
and
expe
ct o
nly
1/8t
h or
2/8
th p
rofit
s un
til it
fina
lly r
ises
abo
ve o
r be
low
by
mor
e th
an a
“ba
by”
2/8t
hs.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Is th
is m
arke
t run
ning
up
or d
own
alon
g a
para
llel
“mom
entu
m li
ne”
?#6
:
All
“Mom
entu
m L
ines
” ar
e lo
nger
term
tren
d lin
es s
et u
p as
pric
eap
prec
iatio
n or
falli
ng
pric
es a
long
45
degr
ee a
ngle
d lin
es s
tart
ed o
n ei
ther
:
Low
er L
eft H
and
Cor
ner
to u
pper
rig
ht h
and
corn
er,
A.
Upp
er L
eft H
and
Cor
ner
to lo
wer
rig
ht h
and
corn
er,
B.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Is th
is m
arke
t run
ning
up
or d
own
alon
g a
para
llel
“mom
entu
m li
ne”
?#6
:W
e sh
ould
exp
ect a
ny m
arke
t tha
t “st
arts
” m
ovin
g al
ong
any
of th
ese
para
llel l
ines
to
“mem
oriz
e” th
ese
lines
and
to “
step
up”
or
“ste
p do
wn”
or
reve
rse
agai
nst 9
0 de
gree
ang
les
into
the
futu
re (
off p
ast a
ngle
d m
oves
) of
f the
initi
al p
aral
lelp
rice
mov
emen
t and
to k
now
w
here
thes
e pa
ralle
l lin
es a
re in
to th
e fu
ture
set
to 2
5., 5
0., 7
5., o
r 10
0.%
., in
to th
e ne
xt
trad
ing
fram
e, b
ut w
e sh
ould
not
exp
ect t
his
sam
e pa
ralle
l tra
ding
act
ion
to la
st m
uch
past
th
ree
reve
rses
off
the
sam
e se
t of l
ines
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Is th
is m
arke
t run
ning
up
or d
own
alon
g a
para
llel
“mom
entu
m li
ne”
?#6
:W
e us
ually
trad
e pa
ralle
l lin
es s
et o
ff:
1) z
ero/
8ths
, gre
ater
sup
port
,
2) 2
/8th
s,
3) 4
/8th
s, g
reat
est r
esis
tanc
e or
sup
port
,
4) 6
/8th
s,
5) 8
/8th
s, g
reat
er r
esis
tanc
e.
We
usua
lly d
on’t
use
the
angl
ed li
nes:
1/8
ths,
3/8
ths,
5/8
ths,
7/8t
hs,b
ut w
hen
we
do w
e sh
all
get f
aste
r re
vers
es, w
hich
are
“m
inor
50.
%”
reve
rsal
sig
nals
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Is th
is m
arke
t run
ning
up
or d
own
alon
g a
para
llel
“mom
entu
m li
ne”
?#6
:T
here
are
two
othe
r an
gled
par
alle
l pric
e m
omen
tum
line
s, w
e do
n’t m
entio
n th
em v
ery
ofte
n be
caus
e th
ey d
on’t
occu
r ve
ry o
ften.
I w
ill te
ll yo
u ab
out t
hem
but
we
won
’t in
clud
e th
em in
ou
r so
ftwar
e be
caus
e th
ey a
re m
ostly
a w
aste
of t
ime.
You
will
see
them
form
som
etim
e in
th
e fu
ture
, so
we
need
to m
entio
n th
em a
nd th
ey a
re:
1) 2
2.5
degr
ee a
ngle
d lin
es, t
oo s
low
, and
2) 5
6.25
degr
ee a
ngle
d lin
es a
re to
o st
eep
and
won
’t re
peat
m
ore
than
onc
e.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whe
re is
the
pric
e in
rel
atio
n to
the
“Circ
le o
f Con
flict
” ?
#7:
A)
Is it
rol
ling
over
it?
B)
Is it
cur
ling
unde
r it?
C)
Will
it m
ove
insi
de it
?
The
Circ
les
of C
onfli
ct a
re “
elec
tric
al”
and
will
ch
ange
“po
lariz
atio
n” a
t its
ow
n w
ill, s
o tr
ying
to
figu
re it
out
is a
s si
mpl
e as
goi
ng w
ith th
e di
rect
ion
it re
vers
es o
ff its
“ce
nter
” ho
rizon
tal
MM
TLi
nes
(+ o
r -
baby
1/8
ths)
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Whi
ch T
radi
ng F
ram
e Li
ne is
it r
ever
sing
off?
#8:
A)
MM
TLi
ne(H
oriz
onta
l Pric
e),
B)
MM
SLi
ne(S
peed
Lin
e) e
very
11.
25 d
egre
es,
C)
MM
TLi
ne(T
ime)
,
D)
MM
MLi
ne(M
omen
tum
),
How
far
has
this
mar
ket r
un u
p or
dow
n?
Look
at w
hich
line
it r
ever
ses
on (
A,B
,C,D
) to
se
e ho
w fa
st o
r sl
ow it
will
rev
erse
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Look
at t
he (
3) T
ime
Tra
ding
Fra
mes
:#9
:64
day
s
32 d
ays
16 d
ays
Now
focu
s in
as
clos
e as
pos
sibl
e on
wha
t gi
ves
you
the
mos
t pre
cise
(ac
cura
te)
horiz
onta
l pric
e lin
es th
at w
ill a
llow
you
to s
et
your
1/8
ths
so th
at th
ey le
t you
“se
e” th
e la
st
trad
ing
rang
e of
hig
h / l
ow a
s it
fits
insi
de th
e sm
alle
st 8
/8th
s.
We
need
to th
ink
in te
rms
of th
ese
(9)
sim
ple
rule
s th
at a
ssis
t us
in o
ur
pred
ictio
ns fo
r m
arke
t tra
ding
the
next
day
!
No
set o
f Tra
ding
Rul
es is
eve
r 10
0.%
, so
we
shou
ld b
e re
ady
to r
ever
se o
ur
posi
tions
whe
n an
y m
arke
t doe
s no
t go
our
way
(es
peci
ally
intr
a-da
y).
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Look
at t
he (
3) T
ime
Tra
ding
Fra
mes
:#9
:64
day
s
32 d
ays
16 d
ays
Now
focu
s in
as
clos
e as
pos
sibl
e on
wha
t gi
ves
you
the
mos
t pre
cise
(ac
cura
te)
horiz
onta
l pric
e lin
es th
at w
ill a
llow
you
to s
et
your
1/8
ths
so th
at th
ey le
t you
“se
e” th
e la
st
trad
ing
rang
e of
hig
h / l
ow a
s it
fits
insi
de th
e sm
alle
st 8
/8th
s.
We
need
to th
ink
in te
rms
of th
ese
(9)
sim
ple
rule
s th
at a
ssis
t us
in o
ur
pred
ictio
ns fo
r m
arke
t tra
ding
the
next
day
!
Tra
ding
is a
n av
erag
ing
wei
ghte
d en
try
oppo
rtun
ity s
et a
gain
st th
e re
ality
that
we
shal
l lo
se a
t lea
st 2
2.%
of o
ur tr
ades
, but
we
shal
l rea
p m
ore
prof
itsif
we
are
patie
nt a
nd
keep
our
atti
tude
set
to o
ur (
9) r
ules
.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
#9:
64 d
ays
32 d
ays
16 d
ays
Now
focu
s in
as
clos
e as
pos
sibl
e on
wha
t gi
ves
you
the
mos
t pre
cise
(ac
cura
te)
horiz
onta
l pric
e lin
es th
at w
ill a
llow
you
to s
et
your
1/8
ths
so th
at th
ey le
t you
“se
e” th
e la
st
trad
ing
rang
e of
hig
h / l
ow a
s it
fits
insi
de th
e sm
alle
st 8
/8th
s.
We
need
to th
ink
in te
rms
of th
ese
(9)
sim
ple
rule
s th
at a
ssis
t us
in o
ur
pred
ictio
ns fo
r m
arke
t tra
ding
the
next
day
!
Gam
bler
s an
d re
al tr
ader
s w
ill a
ppre
ciat
e w
inni
ng o
nly
78.%
of th
e tim
e.
Look
at t
he (
3) T
ime
Tra
ding
Fra
mes
:
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
#10:
A
Set
ting
our
Mur
rey
Mat
h T
radi
ng L
ines
:
zero
to 1
00.:
1/8t
h =
12.5
0 =
1.5
625
= .1
9531
25,
B25
0 to
1,0
00:
1/8t
h =
125.
=
15.
25
= 1
.953
125,
C2,
500
to 1
0,00
0:1/
8th
=12
50 =
156
.25
= 1
9.53
125.
Spe
cial
Situ
atio
ns:
Gap
Ove
r:G
ap O
ver:
Thi
s is
whe
re a
mar
ket p
rice
gaps
ove
r a
MM
TLi
ne(h
oriz
onta
l), w
hich
wou
ld s
igna
l tha
t th
is m
arke
t ign
ored
the
MM
TLi
ne, s
o w
e m
ust e
xpec
t it t
o ru
n to
war
d th
e ne
xtM
MT
Line
, bu
t we
mus
t alw
ays
coun
t how
far
any
run
has
run
to p
redi
ct it
s co
ntin
uatio
n in
dire
ctio
n.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
#10:
A
Set
ting
our
Mur
rey
Mat
h T
radi
ng L
ines
:
zero
to 1
00.:
1/8t
h =
12.5
0 =
1.5
625
= .1
9531
25,
B25
0 to
1,0
00:
1/8t
h =
125.
=
15.
25
= 1
.953
125,
C2,
500
to 1
0,00
0:1/
8th
=12
50 =
156
.25
= 1
9.53
125.
Spe
cial
Situ
atio
ns:
Driv
eD
rive
-- thr
uth
ru::
is a
term
that
des
crib
es a
ny m
arke
t tha
t pus
hes
thro
ugh
any
MM
TLi
neon
an
intr
a-da
y tr
adin
g ba
sis.
If it
driv
es th
roug
h m
ore
than
40
cent
s pa
st (
or 2
/8th
s pl
us 2
cen
ts)
the
MM
TLi
ne, i
t sho
uld
mov
e on
tow
ard
the
next
MM
TLi
ne.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
#10:
A
Set
ting
our
Mur
rey
Mat
h T
radi
ng L
ines
:
zero
to 1
00.:
1/8t
h =
12.5
0 =
1.5
625
= .1
9531
25,
B25
0 to
1,0
00:
1/8t
h =
125.
=
15.
25
= 1
.953
125,
C2,
500
to 1
0,00
0:1/
8th
=12
50 =
156
.25
= 1
9.53
125.
Spe
cial
Situ
atio
ns:
““ S”
Mov
e:S
” M
ove:
is a
nin
tra-
day
mov
e w
here
a m
arke
t for
ms
an “
S”
laid
on
its s
ide
and
it un
dula
tes
eith
er:
1)on
aM
MT
Line
, or
2)ju
st b
elow
aM
MT
Line
, or
last
ly it
3)
it m
oves
on
eith
er s
ide
of a
maj
or M
MT
Line
, whi
ch c
ould
eve
n fo
rm a
dou
ble
“S”
befo
re
it br
eaks
out
in it
s ow
n m
ind’
s di
rect
ion.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Ple
ase
com
mit
thes
e si
mpl
e ru
les
to m
emor
y.
Whe
n yo
u le
arn
them
you
will
exp
ect t
o tr
ade
bette
r an
d ea
rn m
ore
per
trad
e.
Fai
lure
to o
verlo
ok o
ne o
f the
se r
ules
will
res
ult
in o
ne o
f tw
o re
aliti
es:
1) fa
st, f
ree
prof
its w
ill e
rode
too
quic
kly,
or
2) y
ou w
ill e
nter
a tr
ade
and
it w
ill g
o ag
ains
t you
and
you
will
hav
e to
“c
over
” yo
ur lo
sses
and
the
failu
re s
yndr
ome
will
cre
ep in
to y
our
min
d.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Tha
nks
for
join
ing
the
Cer
tific
atio
n C
lass
es o
f the
Mur
rey
Mat
h T
radi
ng
Sys
tem
.
The
se r
ules
are
to n
ever
be
prin
ted
and
repr
oduc
ed fo
r th
e “m
asse
s” (
who
wan
t onl
y on
e ru
le to
tr
ade
any
mar
ket)
.Bes
ides
this
is to
o si
mpl
e fo
r th
e "g
urus
" ou
tthe
re n
ow.
Tra
ding
is a
dyi
ng a
rt fo
rm th
at is
acc
essi
ble
to o
nly
a ra
re fe
w in
divi
dual
s w
ho h
ave
the
men
talit
y to
mov
e pa
st th
e m
unda
ne w
ords
bla
sted
aty
ou
each
day
, tel
ling
you
that
you
can
’t do
it o
r se
e it.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Tha
nks
for
join
ing
the
Cer
tific
atio
n C
lass
es o
f the
Mur
rey
Mat
h T
radi
ng
Sys
tem
.
How
fast
you
“ch
ange
” yo
ur tr
adin
g “h
abit”
is d
irect
ly p
ropo
rtio
nal t
o yo
ur a
bilit
y to
mov
e pa
st
four
out
side
forc
es:
1) n
ews,
2) s
o-ca
lled
know
ledg
e,
3) d
esire
for
a go
od li
fe,
4) r
isk
avoi
danc
e.
Mur
rey
Mat
h T
radi
ng R
ules
: (a
pply
to a
ll m
arke
ts):
Mur
reyM
ath
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
eT
radi
ng F
ram
e S
oftw
are
TM
199
8
Tha
nks
for
join
ing
the
Cer
tific
atio
n C
lass
es o
f the
Mur
rey
Mat
h T
radi
ng
Sys
tem
.
You
mus
t ree
valu
ate
how
you
thin
k in
term
s of
not
how
you
got
whe
re y
ou
are
but h
ow y
ou p
lan
to tr
ade
into
the
futu
re o
ff ou
r (1
0) r
ules
.
Thi
s is
onl
y sc
ratc
hing
the
surf
ace.
..
Mur
reyM
ath
Tra
ding
Fra
me
Sof
twar
e
ww
w.m
urre
ymat
htra
ding
.com
1-88
8-76
1-68
49
90 D
ay T
rail
Offe
r!
TM
199
8
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