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- AlistairC replied Feb 21, 2023
The CADJPY breakout has started, possibly, hopefully. This is the H4 chart. image
MA Crossover System that works for me
- AlistairC replied Feb 21, 2023
This trade pulled back a little during yesterday, but is now giving it another go. Here's the daily chart. TP at 100 pips. image
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
Forgive me for posting so much, but this does feel like another piece of the puzzle is falling into place. It looks like CADJPY has broken above a key S/R level. H4 shows a descending trend line (and a pennant and pole formation). So my expectation ...
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
Another type of chart pattern (head and shoulders) sitting on a strong support level. Once it has broken below and very likely it will also pull back, we can follow our usual MA crossover procedures. image image
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
Please could we keep discussion of other systems off this thread? If you need to chat to walvekarraje rather DM him. Thanks.
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
Here's my first trade based on the above concepts. Price has confirmed a breakout below the daily range (see upper and lower S/R levels / range boundaries) and out of the H4 consolidation box. It has just painted a two-bar pullback ...
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
Similar setup with NZDJPY. The daily has a massive range (680 pips from top to bottom) but it is in tighter consolidation in that wedge. Within that, the highlighted box shows an even tighter consolidation. So we wait for a breakout from the box and ...
MA Crossover System that works for me
- AlistairC replied Feb 20, 2023
This is part of what I am working on. This pair (GBPCAD) shows a perfect flag and pole formation on the daily, which shows that it is not trending at the moment. Within that the H4 chart shows a much smaller formation, so it, too is in ...
MA Crossover System that works for me
- AlistairC replied Feb 19, 2023
This is spot on. Although I started this conversation by saying we need to find ways to avoid getting caught up in consolidations (and that is still important), walvekarraje's post reminds us that we must also embrace consolidations, because the ...
MA Crossover System that works for me
- AlistairC replied Feb 18, 2023
We have all been commenting about how difficult the markets have been in recent weeks, most of us, anyway, even yanah12, who seems otherwise to be doing consistently well. One day we hope to be as good as you, yanah12! My time away without a signal ...
MA Crossover System that works for me
- AlistairC replied Feb 14, 2023
I'm away for the rest of the week. Hopefully the markets are in better shape next week! Safe trading all.
MA Crossover System that works for me
- AlistairC replied Feb 12, 2023
Hi yanah12 1. Do you have an indicator that you can share with us that produces these hi/lo lines? 2. I have been having a conversation by DM with josi about candle patterns and I recalled you use them as well. Could you go into a bit of detail what ...
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Thanks, josi, I understand where you are coming from and I appreciate your comment. What perplexes me is that at times it is easy - even in this thread I have posted very good results, and they are quite genuine. And now, even though I am fairly ...
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Here's one that I do seem to have got right. This time the daily itself has a decent setup, so instead of retracing back up to the daily EMAs, as happened with the NZDJPY trade, it was already up there and went down. But ... there is a local support ...
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Welcome abc-forex. This thread is only about using MA crossovers, no other indicators, so please feel welcome to post, but could you remove all indicators other than MAs?
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
vvm, this is what I posted about my sequence. Even now I follow most of these steps, but not necessarily in the same order.
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Hi vvm, no I don't make notes like this, not in such detail. Mostly my notes are on the charts, like the ones you might have seen recently, e.g. "D1 down". Usually I follow the same routine (or similar) that I posted earlier in this thread. I will ...
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
In this case, closer inspection shows a simple answer. While the setup on H4 was valid (sell stop just below a small consolidation area as marked on the chart), that level on the daily was after a strong move down, so a pullback was almost ...
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Thanks for this, josi, yes, I think it must be something simple like this that I'm just not noticing. I must go and study the charts where things went wrong and see if I can work it out.
MA Crossover System that works for me
- AlistairC replied Feb 9, 2023
Hi vvm, I can't easily understand your question. Please could you write it in your language and we can use Google translate to get it in English. I think that might work better.
MA Crossover System that works for me