I can answer your question. This pair is bullish on the daily TF but looking at the next higher TF (weekly) it is clearly a pullback in a much more dominant downtrend. So until the evidence tells us otherwise we should treat this as only a pullback. ...

MA Crossover System that works for me

First trade of the week. I entered at the top of a minor consolidation, which is where breakouts often occur. It's like flyfishing - place your fly where trout often lurk, waiting for food! But what I want to point out is the tight formation just ...

MA Crossover System that works for me

You made this offer in a public forum, so I think it is right that you should post it here for everyone to use, test and comment on. Are you okay with that? And yes, if you don't mind adding to the challenge, use ATR or similar for SL, TP and B/E, ...

MA Crossover System that works for me

It was not an easy week, but I ended it with one trade reaching the TP and another halfway there that I closed manually (because it was Friday!). So I'm happy overall.

MA Crossover System that works for me

It's worth a try if you are willing to do that. My brief would be as follows: 1. Trading TF AND HTF EMAs (e.g. 8 and 21 EMA) to be aligned (both up / both down). Another option we could test is to have 3 EMAS (e.g 8/21/55 or 8/21/100) all aligned on ...

MA Crossover System that works for me

I have often wondered about going long-term and the weekly chart certainly is tempting. Perhaps, to reduce the psychological pressure, it would be better to start with a small lot size and build it up with each pullback. The distance between the two ...

MA Crossover System that works for me

Nice trade, and it got up by 120 pips at its best. Pity it weakened so much, but hopefully you held on because it has taken off again. It's difficult to know what to do in these circumstances. Once it has gone back close to the entry level my view ...

MA Crossover System that works for me

On H4 this is looking like it might continue down for a while ... But I'm not ready to sell yet image

MA Crossover System that works for me

I saw this opportunity but also noticed that there is a resistance level sitting somewhere between 0.9060 and 0.9100. Further back in time the same level is respected. I decided to wait and see what happens. If it works out I will try to buy on a ...

MA Crossover System that works for me

We look to the higher time frame (HTF) in order to decide which way price is likely to move. Recently I have been thinking about what the qualities or conditions are that would give us the best HTF opportunities. This is what I have come up with. 1. ...

MA Crossover System that works for me

On H4, which is what I use as my trading TF, I can reach my TP on the same day if I catch a good breakout, or sometimes it can take as many as 3 days, it depends on market behaviour. But it also depends on how far away my target is. Mostly I use 100 ...

MA Crossover System that works for me

This trade (GBPUSD) reached its target. AUDJPY stopped out EURCAD still running.

MA Crossover System that works for me

Murphy's Law says that the trades you choose to post don't do well while the one you chose not to post takes off like a rocket. This shows that trading involves a lot of luck, besides any skill we might bring. Here it is. image

MA Crossover System that works for me

This is an interesting case. I noticed the break down out of consolidation but did not enter because of the support level (now resistance). Price broke below the support late yesterday, pulled back and consolidated there for a short time. I placed a ...

MA Crossover System that works for me

Since the EMA crossover there has been one leg down, then a pullback to the EMAs. Price is now below the 100 EMA. I placed a sell stop order as high up as I could without getting caught into a continued pullback and so far it has worked out. One ...

MA Crossover System that works for me

Target reached

MA Crossover System that works for me

A tentative re-entry into the market after the long weekend. There was a first leg down, then a pullback. I would have wanted to get in earlier but missed it. image

MA Crossover System that works for me

Bank holidays in most major forex trading countries today. No trading for me.

MA Crossover System that works for me

This is also a yen trade, placed yesterday. This chart has an overbought, or perhaps an old-age, look to it. But it reached 65 pips up yesterday and is now at B/E. image

MA Crossover System that works for me

Just placed this EURJPY trade. D1 is also up. image

MA Crossover System that works for me