Not much available in the last few days. I placed this EURAUD trade late yesterday when I saw the bearish pinbar rejecting the EMAs. It's now at B/E. image image

MA Crossover System that works for me

My second attempt at going short here has also not been all that successful. At least it wasn't stopped out. I followed my usual "evasive action" procedure when I saw that price was going the wrong way. At about 50% of the way up I closed 25% of the ...

MA Crossover System that works for me

Nice buy, porfirio. The trend is up on H4 and D1. I marked the H4 chart with where your entry would have been. I like that you bought close to the EMAs, which means a correction back to the EMAs is less likely. The only problem I can see is that ...

MA Crossover System that works for me

This USDCHF trade was stopped out when price burst up last week (about 5 or 6 candles back). I entered higher up and it is in profit at the moment. image

MA Crossover System that works for me

No worries. I hope this thread proves useful to you. And lucrative!

MA Crossover System that works for me

H4 is sitting on local support and should it break below that it might be a good opportunity. However, the daily doesn't look bearish enough, even though there is a big lower high. That pole and pennant formation could even mean a break upward once ...

MA Crossover System that works for me

I've just re-read my safety checklist (see post #8). It's still so applicable and uncomplicated, yet in the heat of battle I tend to forget it. Here's to a week of safe trading.

MA Crossover System that works for me

Closed this manually with a small profit after bad economic news saw it tanking.

MA Crossover System that works for me

In this case I got too close to the candles with my entry and was triggered too soon. I should have placed it out in open space below that consolidation area. There should be a breakout, but now I'm hoping for it instead of sitting back and waiting ...

MA Crossover System that works for me

I placed this trade earlier today and it took its time to get going, but now it's looking promising. Once again I tried to trail my entry down the retracement without chasing price and being triggered too soon. image

MA Crossover System that works for me

I stayed in it and did nothing until it was too late because I was convinced by looking at the bigger picture that it was on its way down, and it still looks that way. That's how it goes.

MA Crossover System that works for me

An oscillating market will often lead to losses with this system. There are three suggestions I can make: 1. Go down to a lower time frame, then each leg of the oscillation is a big trend 2. Move your stoploss to breakeven early, so you will be ...

MA Crossover System that works for me

Adjusted target of 100 pips met on this GBPCAD trade. That one went like clockwork, unlike the USDCAD one that can't get below local support.

MA Crossover System that works for me

You're right, alanh59, this is an area of consolidation, although I see it as more a sloping channel, not horizontal. Not that's there's an exact science behind where these lines get drawn. The lower channel boundary coincides with a support level ...

MA Crossover System that works for me

I saw the small consolidation area on H4 and recognised that as a small pullback and an opportunity to trade the breakout. The daily EMAs have crossed over but as the candle has not closed for the day yet, a crossover signal has not yet been ...

MA Crossover System that works for me

I entered this USDCAD trade today. Daily is down - EMAs crossed and price broke below the 100 EMA. With the HTF in strong bearish mood, that's most of the job done. On H4 we had a big break down just after the daily crossover (see pink arrow showing ...

MA Crossover System that works for me

Haha, you got it! Tradingview is fine, as long as you can keep the actual chart area fairly clear.

MA Crossover System that works for me

I challenge you to remove the Stochastic indicator! Take off those training wheels! But in any event, please remove it when you post. Another comment - I used to place S/R levels on my charts, much as yours does now, but as I gained experience I ...

MA Crossover System that works for me

It's a difficult one. My exit strategy is to set the SL at the nearest swing point, as long as the risk is not more than about 100 pips, but that varies by currency pair. My app sets the target at 120 pips, currently, and often that's just about ...

MA Crossover System that works for me

I'm also in on this EURAUD trade. The market seems to have got its mojo back. image

MA Crossover System that works for me