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lawgirl21 replied Oct 20, 2011EURUSD — I'm short on the M30 and M5 charts
Yet another moving average crossover system
- lawgirl21 replied Oct 20, 2011
Sharp turndown on my 3 pairs. US $ index is down, so dollar pairs should be down. Playing the waiting game for EU, GU and AU to choose a direction.
Yet another moving average crossover system
- lawgirl21 replied Oct 20, 2011
Great pipping,forexpippy! You've really got it!
Yet another moving average crossover system
- lawgirl21 replied Oct 20, 2011
I trade 3 correlated pairs. Because they so closely follow each other, I can double or triple my pips on a good move. However, I enter each pair based purely on that pairs set up.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
Beautiful trades, AU and EU...I'm up 75 pips between the two.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
Thank you for asking, Andreas. Yes I do, but being self-employed, I have the luxury of looking at charts off and on throughout the day.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
Looks good too...It was a little slower than the other two...wonder why...
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
These are BOs guys! or maybe we should now call them break downs BD (break downs) or BU (break ups)
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
EURUAD and AUDUSD — Moving down again. The angles are perfect.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
No, I pointed out that these were countertrend trades. Re-read page 1.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
No, I have no special way to calculate TP other than reasonable S/R areas and TLs and whether or not it is a trend or countertrend trade. We will almost always leave pips on the table because we can't judge the tops or the bottoms. Don't let that ...
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
I am on my office computer now and can't look up exact numbers, but roughly 30 on EU and 40 on AU.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
I took both trades off the H1 charts with confirmation on the M15 charts. I was using the EMA setup however, not the SMMA and the EMA got me into the trade faster than the smoothed, but I had to wait longer for profit.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
Both hit my TP for total of around 70 pips.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
EURUSD and AUDUSD — Both in pullbacks now...countertrend trades.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
I am still testing them against each other. The smoothed seems to be more conservative and gives a later signal than does the exponental. Both work well. We are using the smoothed for uniformity.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
Great dimlat..I'm glad you are posting other pairs than the 3 I am trading.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
EURUSD — And because price seeks places where it has been before, I am looking for it to come back down to the S/R levels between the recent BO zones, marked with the red lines...or it could continue up...it will do what it wants to do.
Yet another moving average crossover system
- lawgirl21 replied Oct 19, 2011
EURUSD — ..is forming a head and shoulder pattern on the H4 chart.
Yet another moving average crossover system