77471173 Murrey Math Lessons Complete

8/17/2019 77471173 Murrey Math Lessons Complete

1/57

0/8th Baseline:

1/8th Fast Reverse line: weak

2/8th Pivot Reverse line:

3/8th Lower Trading Range:

4/8th Maor Reversal line inside!nternal Trading "#tave:

$/8th %&&er Trading Range:

'/8th Pivot Reverse line:

(/8th Fast Reverse line: weak

To& o) "#tave: 8/8ths: *ardest line to rise a+ove

Horizontal MM Trading Lines


2/57

0/8th

3/8th

$/8th

8/8th


43.3/4% of

the time wants

to trade inside here.

Normal Trading Area

Premium Trading Area:

Traders will come in and pay any price

for a position.

Consolidation Trading

Area

This is the most important “mental” trading

attitude change since W.. !ann created his"/"ths #ule. This is a $aradigm shift in trading

techniue “thin&ing” now you can more

accurately “predict” mo'es (in )/"th* and

re'ersals and support and resistence


3/57

0/8th Baseline:










+'er,ought means too much has

-een -ought so it wants to fall

+'erold means too much sold so it

will want to re'erse.


4/57

0/8th Baseline:





Area



43.3/4% of

the time wants

to trade inside here.

Normal Trading Area





Traders will come in and pay any price

for a position.

Horizontal Murrey Math Trading Lines tm 1993

Wea& line fast re'ersals off this 00T1ine


5/57

0/8th

1/8th

2/8th

3/8th


Area

4/8th

$/8th

'/8th

(/8th

8/8th



Normal Trading Area

Buy

Sell Sell Sell

Sell

Sell

Sell

Sell

Sell

SellSell

Sell

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy


6/57

2/"th 0aor upport,ottom of Trading ,aseline !reat upport 00T1ine

)/"th

/"th Wants to #e'ersal off this 00T1ine

3/"th

4/"th

5/"th 6ard ,arrier to -rea& -elow the )st Time

7/"th

8/"th Wea& 1ine 9ast #e'ersals off this 00T1ine

"/"th


Wea& 1ine9ast #e'ersals off this 00T1ine

0aor #esistance (on up swings*

0aor upport (on down swings*

4: 00 Trading 1ines stoc&s re'erse

inside uare of )22.

Wants to #e'ersal off this 00T1ine

6ard ,arrier to -rea& -elow the )st Time


7/57

2/"th

)/"th ).52 ;ellow Wea& 9ast #e'ersal 1ine

/"th $i'ot 5.

3/"th 38.52

Consolidation

4/"th

5/"th ormal

Trading

43.85%

#ange

Trading

$remium

#ange

1

2

3

4

5

!


8/57

2/"th ?ero ,aseline 00T1ine

)/"th 7.57

/"th ".)

3/"th

4/"th

5/"th

7/"th

8/"th

"/"th =nternal 0urrey 0ath Trading 1ine 38.52


3).5

=nternal 0urrey 0ath Trading 1ines 5

=nternal 6armonic +cta'e

0urrey 0ath Trading 1ines tm )::3


9/57


)/"th

/"th

3/"th

4/"th

5/"th

7/"th

8/"th



43.85



=nternal 0urrey 0ath Trading 1ines 38.52


10/57


)/"th

/"th ".)

3/"th

4/"th

5/"th

7/"th

8/"th



57.5



=nternal 0urrey 0ath Trading 1ines 52


11/57


)/"th

/"th

3/"th

4/"th

5/"th

7/"th

8/"th

"/"th =nternal 0urrey 0ath Trading 1ine "8.52


").5



=nternal 0urrey 0ath Trading 1ines 85.2


12/57


)/"th

/"th

3/"th

4/"th

5/"th

7/"th

8/"th

"/"th =nternal 0urrey 0ath Trading 1ine )22.2




=nternal 0urrey 0ath Trading 1ines "8.52


13/57


14/57

2/"th ?ero ,aseline 00T1ine 52.

)/"th

/"th

3/"th

4/"th

5/"th

7/"th

8/"th

"/"th =nternal 0urrey 0ath Trading 1ine 385.



0urrey 0ath Trading 1ines tm )::3)22 through )@222 indees


15/57

.2244 .):53)5 .3:5 ).575 ).52 )5. )@52

.224"" .3:5 .8"5 3.) 5. 52. 522

.2283 .5"5:385 ).)8)"85 4.7" 38.52 385. 3@852

.22)28 .:87575 ).:53)5 8.") 7.52 75. 7@52

.):53)5 ).575 3.) 7.5 ).52 )22 )@222 )2@222

Musi" #Murrey Math$ %nternal &"ta'e Sound (it"h

)hange intelle"tual rights esta*lished 1993

6armonic +cta'e Trading et to the ,ase of Ten

)2@ )22@ )222@ )2@222 )22@222

.22)82" ).378)"85 .83485 )2.:) "8.5 "85. "@852

.22)474 ).)8)"85 .34385 :.3" 85. 852. 8@522

.22:877 .8"7 ).575 7.5 52 522. 5@222

2.222 2.2222 .3:5 2.222 2.222 2.222 2.222

indeesindeestoc&s

CurrenciesCommodities

0ar&ets inside ).52


16/57

Sam+le mar,et trading inside its -.1.2.3.4.5..!./0/th MMTLines

Boeing Air"rat

This mar&et re'ersed )" times off preBset 00Trading 1ines that ne'er

consider any specific high/low price re'ersals -ut man simply “eyeB

-alls the “Dntry” of any mar&et into its current 00 Trading frame set to

The 6armonic #hythmE 0usicE$ure 0ath.

The Dow 30 Stocks areup on an all-time highand this stock istrading - 33.% lower.

Why?


17/57

10/th a*o'e &"ta'e. ea, &'er *ought )ondition

20/th a*o'e &"ta'e

10/th ea, &'er sold )ondition

20/th

/0/th MMT Line

!0/th ast 6e'erse line7 8ea,

0/th (i'ot 6e'erse line7

50/th ++er Trading 6ange7

40/th Ma:or 6e'ersal line inside

%nternal Trading &"ta'e7

30/th Lo8er Trading 6ange7


10/th ast 6e'erse line7

-0/th Baseline o Su++ort7

1--; Line o 6esistan"e


18/57

10/th a*o'e &"ta'e. ea, &'er *ought )ondition

20/th a*o'e &"ta'e

10/th ea, &'er sold )ondition

20/th

All mar&ets must close 4 cents a-o'e F/"ths for the

software or our trading strategy to mo'e higher into the

net +cta'e.

/0/th MMT Line

!0/th ast 6e'erse line7 8ea,


50/th ++er Trading 6ange7

40/th Ma:or 6e'ersal line inside

%nternal Trading &"ta'e7

30/th Lo8er Trading 6ange7


10/th ast 6e'erse line7

-0/th Baseline o Su++ort7 All mar&ets must close 4 cents -elow

B/"ths for the software or our trading

strategy to mo'e lower into the net

+cta'e.


19/57

10/th

20/th a*o'e &"ta'e

10/th

20/th

/0/th MMT Line

!0/th


50/th

40/th

30/th

20/th

10/th

-0/th Baseline o Su++ort7

:5% of the time any mar&et mo'ing a-o'e F)/"th will re'erse down up at F/"th

85% of all mar&ets that mo'e a-o'e "/"ths will rise up to F)/"th and fall -ac&

=nnocent “roo&ies” are told to ,uy 6igh so mar&ets will mo'e a-o'e"/"th -y the innocent who replace the “hort” seller

85% of all mar&ets that fall -elow 2/"ths will fall

to B)/"th and re'erse up

:5% of the time any mar&et falling -elow B)/"th will re'ersedown at B/"th

=nnocent old “-uy and hold” traders will eit a mar&et ust -efore it re'erses off its

last “panic” sellBoff ust -efore it mo'es -ac& up inside its 2/"th


20/57

10/th

20/th

10/th

20/th

/0/th MMT Line

!0/th

0/th

50/th

40/th

30/th

20/th

10/th

-0/th MMT Line

&'erBought

Sell

Sell Short

Buy

&'erSold

Buy Long


21/57

*ori,ontal Lines

All mar&ets must consolidate and compress and -uild the strengthto eplode out into the net trading Area inside its =nternal +cta'e

"/"ths@ -ut they must earn the right to push up into the net Area

and out of the Consolidation area 0any mar&ets re'erse the )st

time they close up on the 3/"th 1ine which is the Ceiling of this Area

(and the -ottom of the net higher Trading Area inside its "/"ths*

0/8th Baseline:

1/8th Fast Reverse line:




Area


22/57

*ori,ontal Lines

0/8th Baseline:

1/8th Fast Reverse line:




Area

Maor !e"ersal line inside #nternal Trading $cta"e.

6ardest line to -rea& a-o'e or -elow (coming down*.


23/57

There are two was to make pro&ts trading anThere are two was to make pro&ts trading an

market:market: A' (uing )ong -e.&e#ting a arket to ove higher shortter

(' Selling Short -e.&e#ting a arket to )all stee&l shortter

M5rre Math Trading 6ste

TM 1773

The toc& 0ar&et goes up 82% of the time (in total days* -ut more “fast

profits” are made in uic&@ steep@ falling mar&ets so you must learn to

trade -oth sides of all mar&ets.


24/57

Five ir#les o) on9i#t

These $ ir#les o) on9i#t will hel&&redi#t lliott ;ave reversals long+e)ore an arket#tion oves into its TradingFrae

>re #onstr5#ted ?>5toati#all? inside the ?&reset? Trading Frae The =ail Trading Pri#e >#tion o) an arketwill want to ?avoid? these $ ir#les o) on9i#t '8@ o) the

Tie

Aew st5dents will learn to see arket

trading a#tion tring to avoid these#enter #ir#les as it trades thro5gh-le)t to right its #5rrent TradingFrae


25/57

$lease count the )" re'erses this mar&ets daily price action reacted and re'ersed off our 00 preBset

internal +cta'e Trading 1ines. We dont set our lines to price@ we let price come to our 00T1ines.


26/57

.a&le:Boeing >ir#ra)t

This &ind of octa'e is referred to in the future as the

Murre Math *armonic $cta"e.Murre Math *armonic $cta"e.

$lease notice how many

times the daily trading

action of this stoc&

GHnewG where our preBsetMurrey Math Trading

Lines were...

(and reacted by reversing off them)?!

There are #1/$ re'erses o our %nternal Harmoni" &"ta'e 10/ths

set to Musi"<


27/57

Ao arket wants to ove ore than - or - 2/8ths inside its *aroni#

"#tave ($@ o) the tie -then it wants to reverse >nd i) it oves 3/8ths -5&or down the odds are 73@ that it will reverse -dire#tions )or at least one

trading da -even i) it reverses and #ontin5es its #5rrent trend

Too an ?wanna+ee? traders will wait till ?#onCration? is #onCred-and it is alread 5& or down -2/8ths then enter and wonder wh the

are alwas issing ost o) the ove or getting ?whi&lashed? +

having it reverse and #oe +a#k against o5 too o)ten

These lines: -ven lines ?&redi#t? &ivot reverses ore o)ten than anset o) lines: )or one si&le reason: Fi+ona##i Ratio-112$@

The ore a##5rate Ratio is the M5rre Math Rate Per#ent Moveent:-set inside o5r 6D5are-ore a+o5t this later


28/57

There are onl )o5r sD5ares an arket in this world has ever traded insideand the are: 100 1000 10000 and 100000

;e donll we want to do is ?see? an arket ove 5& or down to one o) o5r

even lines and #lose -)or the da right on the line -or within 17 or 37#ents )ro the line: then get read )or it to reverse the ne.t da

-e.&erien#ed traders )ollow another ro5te -later

The 0/8th 4/8th and 8/8th MMTLines are harder to &enetrate so we

wo5ld e.&e#t to ?see? reverses o##5r oE these lines

oon sense r5les o5r logi# so the distan#e traveled -the longer the+etter will also ?&redi#t? o5r +est odds )or a reversal


29/57

The 0/8th and 8/8th MMTLines are the to& and +otto o) the *aroni# "#tave so wewo5ld e.&e#t these lines to hold -stall or reverse an arket the 1st tie it a&&roa#hes-5& or down These hori,ontal MMTLines are alwas &reset -+ the so)tware as soon as

the high / low dail trading range e.trees )all into one o) o5r *aroni# !nternal"#taves

"ne sho5ld strive to learn and eori,e these hori,ontal MMTLines6erio5s traders want everthing to +e a5toati# -5nder &ress5re Aogreat D5arter+a#k ever sto&&ed the &la to look down at the lines on

the Celd

Please ree+er these lines as &ivot lines that reverse a)ter 2/8thsr5ns ore o)ten than other lines so we wo5ld look )or arkets that

stallo5t -#lose on these lines


30/57

Please ree+er these lines as &ivot lines that reverse a)ter2/8ths r5ns ore o)ten than other lines so we wo5ld look )or

arkets that stallo5t -#lose on these lines


31/57

M5rreMath Trading Frae 6o)tware

TM 1778

Murre Math Trading !ules:+appl to all markets':

>sk these D5estions in the sae order ever tie o5o+serve a arket o5 wo5ld e.&e#t to trade:

Lesson 1 ertiC#ation lasses: Ten R5les


32/57


TM 1778

1: ;hat was the total range o) todaGs Tradinga#tionH

%& =aGs Range:%& =aGs Range:

> "&en hi&s

B Low

*igh

= lose 6ho5lders

=own =aGs Range:=own =aGs Range:



33/57


TM 1778


The average +etween the o&en and the #lose-&ri#e oent5 reversal &ivot &oint eori,e )or one da

> "&en hi&s

B Low

*igh

= lose 6ho5lders

=own =aGs Range:=own =aGs Range:

%& =aGs Range:%& =aGs Range:

;aist:

The #lose -i) it oves at least 1/8th intrada sho5ld now +e the &ri#e

oent5 &ivot &oint -to reverse oE the ne.t trading da

Ae#k:


34/57


TM 1778


Iol5e o) todaGs arket vers5s esterdaGs vol5eH

-diEeren#e at an high or low range o) ore than 2$@

2:

This lower or higher vol5e will o)ten signal This lower or higher vol5e will o)ten signal

a reversal or dire#tion signala reversal or dire#tion signal

3: *ow )ar has this arket r5n -5& ordown #5rrentl in 1/8thsH

This is the 3rd ost i&ortant trading This is the 3rd ost i&ortant trading

)a#tor to kee& in ind ea#h da)a#tor to kee& in ind ea#h da


35/57

*ow do o5 startthe #o5nt H



TM 1778

,ths. #/ it has mo"ed into the net ,th at leasthal/ wa1 it is considered to ha"e tra"eled all thewa through this ,1 #/ it doesn2t make it into thenet ,th hal/ wa it is said to e started ack at

the eginning o/ the pre"ious ,th.

All markets want to run up:

1/8th -$0@

2/8th -($@3/8th 8($@

$/8th -733/4@(/8th -7'@

7/8ths -7($@11/8ths -78@ reverse

All markets want to /all:

2/8th -$0@

4/8th -($@'/8th -8($@

'/8th -733/4@8/8th -7'@

10/8ths -7($@ 12/8ths -78@reverse


36/57



TM 1778

!s this arket reversing oE a MMT6Line H!s this arket reversing oE a MMT6Line H4:

112$ 22$ 33($ 4$$'2$ '($ or (8 degreeangle H

Markets re"erse /astest o4: 331 561or 7 degree angled speed )ines.


37/57



TM 1778

8here does this market enter the trading /rame 9

$: ;here an arket #oes into the trading )rae deterines how 5#h-@ o5 will ake )ro a reversal 5& or down

2/8ths This arket a reverse either wa so wait )or reverse -rare 1/8ths J 1

To& 8/8ths J 12(/8ths J 123'/8ths J 234$/8ths J 234

4/8ths J 34$3/8ths J 4$'2/8ths J $'(1/8ths J '(8Kero/8ths J (87 1/8ths J 8710 2/8ths J 71011 these are the 5&side &otentials )or &roCts -Long

ProCt Potential )or arkets reversing and oving 5& oE last Low: -#oing into the Trading Frae:


38/57



TM 1778

8here does this market enter the trading /rame 9$: Too an traders think an arket will ove +a#k to old lows or highs +5t the5st ove thro5gh an 2/8ths or 2/8ths and hold at this &ri#e )or )o5r das in arow or ove &ast these MMTLines + an additional 30 #ents

2/8ths J 71011 this is the 5&side &otential )or &roCts -Long 1/8ths J 8710

To& 8/8ths J (87(/8ths J '(8

'/8ths J $'($/8ths J 4$'4/8ths J 34$3/8ths J 2342/8ths J 2341/8ths J 123Kero/8ths J 12 1/8ths J 1 2/8ths J This arket a reverse either wa so wait )or reverse -rare

ProCt Potential )or arkets reversing and oving down oE last *igh:


39/57



TM 1778


$:Please kee& in ind the last r5n length and whether it was 5& or down o5 ae.&e#t to get resistan#e at 3($@ $0@ or '2$@ o) this last r5n and it will want tostallo5t and sto& against these ratios s&e#iall i) the also at#h 5& on aMMTLine

2/8ths This arket is too high and will +e onitored #loselH 1/8ths J "ver Bo5ght -Too high on enth5sias

To& 8/8ths J %&&er end o) the "#tave -wants to sta in here(/8ths J ;eak Fast Reverse Line

'/8ths J Pivot Reverse Line$/8ths J %&&er Trading Range -o)orta+le trading in here4/8ths J $0@ J hardest to +reak thro5gh -5& or down the 1st Tie3/8ths J Lower Trading Range -o)orta+le trading in here2/8ths J Pivot Reverse Line1/8ths J ;eak Fast Reverse LineKero/8ths J Lower nd o) "#tave -wants to sta in here 1/8ths J "versold -Too high on enth5sias 2/8ths J This arket is too Low and will +e onitored #loselH

MMTLines are ore &redi#ta+le


40/57



TM 1778


$:>ll arkets will want to trade inside its Trading Range Preset + the M5rre Math Trading Frae 6o)tware *aroni# "#tave -3/8ths and $/8ths 433/4@ o) the tie !)it gets 5& -ahead o) itsel) too )ar and oves 5& &ast its 2/8ths -a+ove 8/8thsthen the so)tware and o5r +rain will si&l douleN the &ri#e a#tion and set the"#tave to the ne.t higher set o) n5+ers )or the &arti#5lar arket o5 are #5rrentltrading

MMTLines are ore &redi#ta+le

B5t i) a arket gets 5& ahead o) itsel) -a+ove its 8/8ths line and #anGt +reako5t into the ne.t"#tave it will #oe +a#k down inside its trading range and tr and +alan#e o5t the advan#e -overtie

B5t i) a arket gets 5& ahead o) itsel) -a+ove its 8/8ths line and #anGt +reako5t into the ne.t"#tave it will #oe +a#k down inside its trading range and tr and +alan#e o5t the advan#e -overtie


41/57



TM 1778


$: The noral s&eed angle o) advan#eent thro5gh a sD5are o) 32 or '4is a 22$ degree angle -&ri#e a&&re#iation over tie thro5gh o5rtrading )rae

>ll arkets are s5+e#t to r5n5&sN o) 112$ or 22$ degrees e.#e&t the !nde.eswhi#h will want to r5n5& along 4$ degree angled lines

>ll arkets are s5+e#t to r5n5&sN o) 112$ or 22$ degrees e.#e&t the !nde.eswhi#h will want to r5n5& along 4$ degree angled lines

;e sho5ld e.&e#t arkets to r5n 5&along a 112$ degree angled line in

Trading Fraes o) -1'


42/57



TM 1778


$:!) an arket #oes into its trading )rae at a rate o) s&eed greater than 22$degrees o) angle it is said to +e oving 5& too )ast and it will have to #oe +a#kdown or e.&lodeN into the ne.t higher trading o#tave

The reverse is not alwas tr5e o) )allingarkets: +ad arkets will not alwas

#oe +a#k 5& ore than 1/8th or2/8ths oE their lows the 1st tie thereverse a)ter )alling ore than $/8ths oEits highs


43/57



TM 1778


$:8e are looking to trade a market )ong when it is

re"ersing o4 its *oriontal MMT)ine:

> Best odds &otential J 1/8ths MMTLine

B 2nd Best odds &otential J ,ero/8ths or 2/8ths MMTLines

3rd Best odds &otential J 1/8ths MMTLine

= 4th Best odds &otential J 2/8ths MMTLine

8e are looking to trade a market Short when it isre"ersing o4 its:

> Best odds &otential J (/8ths MMTLine

B 2nd Best odds &otential J 8/8ths or '/8ths MMTLines

3rd Best odds &otential J 1/8ths MMTLine

= 4th Best odds &otential J 2/8ths MMTLine


44/57


45/57



TM 1778

#s this market running up or down along a parallel


46/57



TM 1778



47/57



TM 1778



48/57



TM 1778

#s this market running up or down along a parallel >.6 degree angled lines too slow and

>' 6?.>6 degree angled lines are too stee& and wonGtre&eat ore than on#e


49/57

hTM 1778


50/57



TM 1778

;hi#h Trading Frae Line is it reversing oEH8:A' MMT)ine +*oriontal Price'1

(' MMS)ine +Speed )ine' e"er ,,.>6 degrees1

@' MMT)ine +Time'1

D' MMM)ine +Momentum'1

*ow )ar has this arket r5n 5& ordownH Look at whi#h line it reverses on->B= to see how )ast or slow it willreverse

M M hTM 1778


51/57



TM 1778

Look at the -3 Tie Trading Fraes:7:'4 das

32 das

1' dasAow )o#5s in as #lose as &ossi+le onwhat gives o5 the ost &re#ise-a##5rate hori,ontal &ri#e lines thatwill allow o5 to set o5r 1/8ths so thatthe let o5 seeN the last tradingrange o) high / low as it Cts inside thesallest 8/8ths

;e need to think in ters o)these -7 si&le r5les that

assist 5s in o5r &redi#tions )orarket trading the ne.t da O

Ao set o) Trading R5les is ever 100@ so we sho5ld +e read toreverse o5r &ositions when an arket does not go o5r wa

-es&e#iall intrada

M M thTM 1778


52/57



TM 1778

Look at the -3 Tie Trading Fraes:7:'4 das

32 das




Trading is an averaging weighted entr o&&ort5nit set against the realitthat we shall lose at least 22@ o) o5r trades +5t we shall rea& ore

&roCts i) we are &atient and kee& o5r attit5de set to o5r -7 r5les

M M thTM 1778


53/57



TM 1778

7:'4 das

32 das




a+lers and real traders will a&&re#iate winning onl7.% o) the tie

Look at the -3 Tie Trading Fraes:

M M thTM 1778


54/57



TM 1778

10:>

6etting o5r M5rre Math Trading Lines:

,ero to 100: 1/8th J 12$0 J 1$'2$ J 17$312$

B 2$0 to 1000: 1/8th J 12$ J 1$2$ J 17$312$

2$00 to 10000: 1/8th J 12$0 J 1$'2$ J 17$312$

6&e#ial 6it5ations:

ap $"er:ap $"er:

This is where a arket &ri#e ga&s over a MMTLine -hori,ontal whi#h wo5ldsignal that this arket ignored the MMTLine so we 5st e.&e#t it to r5ntoward the ne.t MMTLine +5t we 5st alwas #o5nt how )ar an r5n has r5nto &redi#t its #ontin5ation in dire#tion

M M thTM 1778


55/57



TM 1778

10:>

6etting o5r M5rre Math Trading Lines:

,ero to 100: 1/8th J 12$0 J 1$'2$ J 17$312$

B 2$0 to 1000: 1/8th J 12$ J 1$2$ J 17$312$

2$00 to 10000: 1/8th J 12$0 J 1$'2$ J 17$312$

6&e#ial 6it5ations:

=rivethr5:=rivethr5:

is a ter that des#ri+es an arket that &5shes thro5gh an MMTLine on anintrada trading +asis !) it drives thro5gh ore than 40 #ents &ast -or 2/8ths&l5s 2 #ents the MMTLine it sho5ld ove on toward the ne.t MMTLine


56/57

M M th TM 1778


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Please #oit these si&le r5les to eor

;hen o5 learn the o5 will e.&e#t to trade +etter and earnore &er trade

Bailure to o"erlook one o/ these rules will result in

one o/ two realities:

1 )ast )ree &roCts will erode too D5i#kl or

2 o5 will enter a trade and it will go against o5 and o5 will

have to #overN o5r losses and the )ail5re sndroe will#ree& into o5r ind

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77471173 Murrey Math Lessons Complete