Simple answer - as always - most instruments are not clearly trending on higher TFs right now (but either retracing or ranging - especially in ranges: your trend-trading signals very often coincide with a turnaround in ranges). What do you do? You ...

MA Crossover System that works for me

Yes, very wise, indeed. "pullback in the major trend"? Hmmh...

MA Crossover System that works for me

I don't quite know how helpful this can be (especially including pairs in a range). Did you find any trades using this list? Wouldn't it be more helpful to look for these two things on higher TF: a) directional bias: price is in a clear (!) trend b) ...

MA Crossover System that works for me

People - again and again - are spreading the "apparently" obvious rumour that retail traders overall lose (numbers vary from 75-90 per cent): Up to this day I have not seen one single serious research paper (with more than 1000 participants) that ...

MA Crossover System that works for me

Hope it will work out. One question: given the resistance EURAUD faces why wasn't AUDUSD the better choice?

MA Crossover System that works for me

some might say (Oasis) you entered early but who cares if it works out...

Cable Update (GBPUSD)

And why would you want to sell in a clear uptrend?

Gold

I think you are right - quite a lot going on - maybe too much to consider a trade (except - D1 - buying will be an option for some)

MA Crossover System that works for me

All the best

MA Crossover System that works for me

In ranges - and a "sloping channel" is a range - moving averages often don't work (doesn't mean price can't break out of the channel, though). If you take the old proverb: buy low, sell high seriously, your "sloping channel" could have told you were ...

MA Crossover System that works for me

Good luck!

MA Crossover System that works for me

image

Cable Update (GBPUSD)

Surprise, surprise... in one of your last posts you wanted to write a book about all the insights you have... Of course, a book wouldn't "eat up all" your time... Either you can say what you have to say clearly (in a lucid way) or you can't. If you ...

Cable Update (GBPUSD)

If you haven't looked at this yet (see references above), you may want to, as it is specifically about "MA-cross-approaches" video

MA Crossover System that works for me

you are quite right - it wasn't as clear on H4 (but there was a nice W-formation)

MA Crossover System that works for me

If you look at W1 you can see that there is going to be resistance where price is right now. That doesn't mean that the trade won't be successful but you could see a lot of back and forth (if and) before it will break out of this area. But I may be ...

MA Crossover System that works for me

a) consolidation doesn't mean all bearish (or bullish); it just means: price overall moves in a countertrend direction (indicated via TLs) b) if you looked at it on a much smaller TF, you'd probably see that you had (at least) 2 consolidations both ...

MA Crossover System that works for me

My opinion only: Once the candle touched the 21EMA and closed green: entry was possible (more risky) After the candle crossed 8EMA and closed above it: safe entry If you put a TL along the highs of the retracement candles you will see (I think) that ...

MA Crossover System that works for me

To cut it short: if consecutive candles have countertrend lows or highs, I see that as a sign of weakening momentum (actually you also take this into account when you use TLs to indicate retracements and the breaks of thereof). Therefore I wait for ...

MA Crossover System that works for me

USDCAD sell W - price is testing EMA21 right now, so technically bias is still up D - bias d, low of the last three candles higher, no real sell signal (from my point of view) H4 - price range has been narrowing for last 7 candles On the plus side: ...

MA Crossover System that works for me