Yes, retracing, but no sign of any more than that just yet.

MA Crossover System that works for me

Good to see you back here, yanah12.

MA Crossover System that works for me

Here's a trade inside a D1 consolidation pattern. On H4 I waited for the 8 and 21 and 100 EMAs to be aligned before looking for an entry. I have been wondering if I'm trying to get in too early. This is more conservative but (presumably) more ...

MA Crossover System that works for me

I had two good trading days at the end of last week. It’s a relief to be making money instead of struggling not to lose it. On reflection, one of the reasons seems to be the consolidation zones that I marked out on the charts and avoiding getting ...

MA Crossover System that works for me

This one pulled right back, but it's back to where it was about 8 hours ago. Decided to close early for 44 pips, given josi's intervention. I thought I'd checked everything, but there's always something to trip one up. image

MA Crossover System that works for me

I know the feeling. Post your trades after the fact then. Both good and bad trades and if you don't mind, analyse what went right or wrong?

MA Crossover System that works for me

Thanks josi, for your comments. You have a lot of knowledge and experience. Please won't you post some of your own trade ideas so we can learn from you?

MA Crossover System that works for me

A trade that seems to be going my way, finally! image

MA Crossover System that works for me

Seems to have recovered nicely and will soon be up against the same resistance level. Which is a pity, because a pinbar lying across both EMAs is generally a powerful signal. Perhaps it will be sufficient to get price across the resistance too. ...

MA Crossover System that works for me

What to do? Close now? Hope it blasts through the resistance? image

MA Crossover System that works for me

Likewise USDJPY - has broken decisively out of the bearish channel and is now above the key S/R level, maybe not quite as decisively yet. Waiting for a suitable entry on H4.

MA Crossover System that works for me

CHFJPY has broken above a key level, unfortunately already rather high up the price curve, but there's another 370 pips available up to the upper line. I will wait for a suitable entry on H4 or H1. image

MA Crossover System that works for me

The thick blue line is just about the lowest price ever on this pair. It is about 90 pips down from current price level. I'm not interested in selling now, so trading the range up might be a good idea and after that, hopefully a long break up. ...

MA Crossover System that works for me

And here's another yen pair also from yesterday that is getting ready to go. The short line is where I exited manually yesterday, shortly before the CAD news release, and as soon as price closes above the 8 EMA I'll be ready for another go at it. ...

MA Crossover System that works for me

Decided to close this before the news hit the wires. Good thing too. Got out with 40 pips before it lost more than half of that. It might recover, but then it might not. I made a clear decision and that's it.

MA Crossover System that works for me

This trade is back in profit. If we are unsure, we could close it now for a small profit, or choose to let it run. Noting josi's reminder to look left, this could be running into some traffic.

MA Crossover System that works for me

But another Yen pair has held on to its gains. Hopefully the big CAD data release in 2 hours' time helps and doesn't kill this one. image

MA Crossover System that works for me

Don't give up too soon on this one, as price seems to be recovering. If the dominant trend direction is in our favour it often pays to be patient with a trade.

MA Crossover System that works for me

Seems like that was a false breakout

MA Crossover System that works for me

This is an interesting case. Price broke out of the large wedge formation and immediately went into that box consolidation on H4. I deliberately placed the buy stop order well out of reach and just waited. The expected breakout has taken place. Now ...

MA Crossover System that works for me