Murrey Math Trading Book

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Summary of Murey Math Trading Book - How I Use Murrey Math

When i first started working with Murrey Math, I treated all lines as simple pivots - support/ressistance areas which could be used to confirm buy/sell signals. I realises that some levels are often repeated accross different timeframes, which i thought simply made them stronger pivots. Then over time i got to understand a little more about how the Murrey works and here are a few tips from what i have learned so far. Firstly a bit about the individual lines themselves:

Firstly, there is the obvious - when the market is over-extended in either direction (the overshoot or extreme overshoot lines) there is a good chance of a move back the other way, especially if there is confirmation from other indicators. Murrey Math Trading eBooks Full Download