Hi alanh59, I have quoted my recent post where I outlined the sequence I usually follow. That is how I monitor the many charts I have open - one by one at the time of H4 candle closes. It doesn't take long as, in most cases, a quick glance is ...

MA Crossover System that works for me

The confidence I expressed for AUDCAD was based on an actually bullish D1 chart that was showing "fairly sure signs" of a reversal. Isn't it better to be very sure? Here's an example of what I mean. A short trade on H4 anywhere along that dotted ...

MA Crossover System that works for me

Yes, I was a bit concerned, even though most things point to the short trade continuing. So I took "evasive action" by closing 25% of my lot size and later 25% of the remaining lot size, so that left me with enough to win back those losses if the ...

MA Crossover System that works for me

Instead of moving down a bit more so I could move to B/E, it has gone into consolidation mode. I wasn't too concerned about it because the overall price action structure is still valid and looks strong. My hope is that this one will explode out of ...

MA Crossover System that works for me

This might just be my bias, but I believe it is generally sound advice to suggest that you try to doing without indicators like RSI, MACD, CCI and so on. And the millions of others like them out there that all seem like greener pastures, but usually ...

MA Crossover System that works for me

Well done. Could you tell us how you did this, your strategy etc? And yes, sometimes it's so easy, others you do everything right and it doesn't work out. This trade is one that just worked (so far). I'll soon move my stop to B/E. image

MA Crossover System that works for me

We all knew this was coming, right? Which is why I say that luck has a lot to do with trading success. All we can do is play the probabilities and be in the right place when it happens. Something else that this highlights is the placement of ...

MA Crossover System that works for me

Thank you. Observe, by all means, but don't follow blindly - this business has a way of making most of us feel like beginners! Look at the same USDJPY trade from the previous post. Now that some time has passed I have noticed that we have an obvious ...

MA Crossover System that works for me

After a pullback to the 21 EMA on the daily chart (a refresh) and then a break below the EMAs, it seemed like a good time to look for a trade on H4. The recent crossover on H4 happened earlier today and that was all I needed. I reviewed the safety ...

MA Crossover System that works for me

Sorry, Olga, I'm not a coder. But there are plenty of experienced coders on Forex Factory. Try finding one of them?

MA Crossover System that works for me

Thanks for reminding me about the color MA, Dr Walvekar, we used it a lot on the Guppy MA thread where you presented your "Walvekar method". url Here is my 8/21 EMA chart with yanah12's 100 EMA added, all using color MAs. What do traders think? ...

MA Crossover System that works for me

Yes, a ranging market is always going to be difficult when the system relies on a trend. As a precaution that is why I use stop orders to try to stay clear of price that might go the wrong way, and also I have an EA on a VPS that moves the SL to B/E ...

MA Crossover System that works for me

Hi yanah12 thanks for sharing. Nice trades here. I have lots of questions! Could you explain the steps you follow to identity a suitable trade? And could you give us some detail of any rules or safety checks you have in place before you finally ...

MA Crossover System that works for me

There are 6 H4 bars in a day and 5 days in a trading week, so to put a W1 MA on the H4 chart multiply by 30. EMA 8 becomes EMA 240 and EMA 21 becomes EMA 630. Maybe try the daily MAs first (multiply by 6), at least you'll see them on the H4 chart ...

MA Crossover System that works for me

Hopefully you were able to get out at B/E. Price has continued down. Seems like that last visit to the upper boundary of the flag pattern was the beginning of the move back down again. Just because the EMAs were crossed up meant little in that case. ...

MA Crossover System that works for me

I closed this trade manually because I didn't want to have a maybe / maybe not kind of trade hanging over me in the evening and while I slept. I know some traders can cope with this, but I prefer to clear my desk. I banked a small profit so that's ...

MA Crossover System that works for me

So you bought - with the trend! OK, that's good. I thought you sold. When you post could you include enough information so we can follow your trade, and also explain your logic? That's so we can learn from it, no matter whether it succeeds or fails, ...

MA Crossover System that works for me

Looks like it can't break though this support level. I'll leave it for a bit longer and see what happens. image

MA Crossover System that works for me

No, I missed it . It was an amazing move up. Just checked - still going!

MA Crossover System that works for me

Hi neilpryde, your trade is currently about 26 pips in profit. Nice one. What was your logic for this trade - I see both H4 and D1 are bullish (based on EMAs crossed up) at the moment, so you must have looked at other factors to decide to go short?

MA Crossover System that works for me