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- AlistairC replied Jan 17, 2023
And I am in on GBPUSD. Similar result. Those arrows show where the daily EMA crossover took place. image
MA Crossover System that works for me
- AlistairC replied Jan 17, 2023
Yes, wait. Well done for being cautious on this one. The daily has a strong trend in place with just a small pullback happening now, so it might be that all we need is to wait for that pullback to resume upwards. image
MA Crossover System that works for me
- AlistairC replied Jan 17, 2023
I have also been working to improve how I trade breakouts. I am doing this by marking up where consolidation zones are and then being careful about where I place my entry and stop. In this case I left the daily EMAs (in dull colours) in place to ...
MA Crossover System that works for me
- AlistairC replied Jan 17, 2023
I am working on USDCAD - I have a sell stop order hanging below price and don't want to chase price. I think it has been josi telling us that we need to look at individual candle behaviour - they are all trending higher on H4 right now, so we need ...
MA Crossover System that works for me
- AlistairC replied Jan 17, 2023
Neither is better, just get used to one and how it behaves, how price relates to it and then stick with it. It's the same with most of these things - is 8/21 MA better than 9/18 or 10/20 or 12/30 etc?. None of the above. Just learn how one of them ...
MA Crossover System that works for me
- AlistairC replied Jan 16, 2023
Based on all of this I have adopted some of the ideas and will explore others. Mainly I have placed the 100 EMA on my charts "officially" (I have been using 100 or 120 on and off for some time). When price closes on the trend side of the 100 EMA I ...
MA Crossover System that works for me
- AlistairC replied Jan 15, 2023
Apologies, I wasn't clear about what I meant by walking away. I meant to walk away from potential conflict. That's what being respectful to each other means.
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- AlistairC replied Jan 15, 2023
Please treat each other respectfully. It's better just to walk away.
MA Crossover System that works for me
- AlistairC replied Jan 15, 2023
The last few pages in this thread are a rich and exciting resource for all of us who are keen to learn and improve our ability to trade using two crossover MAs. Thank you to all who have contributed . All of the methods share similar features, ...
MA Crossover System that works for me
- AlistairC replied Jan 13, 2023
Thank you vvm, some interesting material here. I found a clear and well-written article about the Floor Trader Trading System here: url
MA Crossover System that works for me
- AlistairC replied Jan 13, 2023
Nice trade, neilpryde. That same pinbar stopped me out for a small profit, otherwise I would still be in there with you. That's how it goes.
MA Crossover System that works for me
- AlistairC replied Jan 12, 2023
Yanah12 you seem to be consistently successful with your trading, which is what we should all be aiming for. So I went back to where you posted your method. The main addition to what I have been using is that the H4 candle must close beyond the 100 ...
MA Crossover System that works for me
- AlistairC replied Jan 12, 2023
Well done. I was watching this but missed a suitable entry and now it's too extended. If it retraces I might be able to try again later.
MA Crossover System that works for me
- AlistairC replied Jan 12, 2023
I entered this trade two days ago. That feels like a long time for me! It shows how I entered just above a small consolidation zone and then price broke out. The candles in that consolidation zone were not consecutively bearish (as commented by josi ...
MA Crossover System that works for me
- AlistairC replied Jan 11, 2023
Clear explanation, thank you. So in this example of a trade I am in (AUDJPY H4) the pullback consisted of a series of consecutive counter-trend candles, so you would have stayed out, is that correct? And based on your candle-by-candle analysis, when ...
MA Crossover System that works for me
- AlistairC replied Jan 11, 2023
This is interesting. You look at what specific candles or groups of candles have been doing and I realise I don't do that much, or ever. Perhaps this is something i need to be aware of? Why does it worry you that the lows of the last three D1 ...
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- AlistairC replied Jan 11, 2023
Thanks josi. To apply the learning about setting the entry level more carefully, this stop order is sitting neatly below the recent consolidation on H4 and that was before the current green candle, so that's one little pullback avoided. I'm ...
MA Crossover System that works for me
- AlistairC replied Jan 11, 2023
It looks like this one is on its way out. If it recovers from here I can count myself lucky. I have taken "evasive action" as described before, so my overall loss will be less and the lot size is now almost half of what it was originally. What have ...
MA Crossover System that works for me
- AlistairC replied Jan 11, 2023
Hi Josi Thanks for your detailed comments. At first glance it seems I should have placed my buy stop order further up, beyond the area of H4 consolidation. However, as I have said previously, this thread is about learning to use the MAs better, so ...
MA Crossover System that works for me
- AlistairC replied Jan 11, 2023
I'm hoping to catch the second leg of this new H4 trend. The daily shows a refresh or big pull-back and that could be the beginning of a reversal, if the new highs end up lower than the previous highs, but for now it is bullish and may it continue ...
MA Crossover System that works for me