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- AlistairC replied Dec 15, 2022
Several of the JPY pairs are dropping now. I got lucky with this one (so far ...) image image
MA Crossover System that works for me
- AlistairC replied Dec 15, 2022
I think we're starting to see that reversal I have been expecting for a while. My AUD pairs look similar. image image
MA Crossover System that works for me
- AlistairC replied Dec 15, 2022
That just wasn't meant to be! It would have made a nice buy trade though
. I'll just cancel the order.MA Crossover System that works for me
- AlistairC replied Dec 15, 2022
Almost at the end of the trading year. Just today and tomorrow to go until everything more-or-less shuts down. I had a good day yesterday, 4 trades, 4 wins, 2.9% gain. I didn't post any of these because all of them in one way or another did not meet ...
MA Crossover System that works for me
- AlistairC replied Dec 13, 2022
Re-think ... Even if price does go up for a bit, when viewed like this, there's not much value in it, as I am trading into resistance, potential profit just 40 pips, but plenty of risk that it won't get there. I'll just cancel the order. Thank you ...
MA Crossover System that works for me
- AlistairC replied Dec 13, 2022
Thanks josi could we keep ideas like accumulation and distribution out of this thread as they tend to muddy the waters of the pure price action supported by two MAs that I would like us to stick with and become better at? On the daily this market is ...
MA Crossover System that works for me
- AlistairC replied Dec 13, 2022
Hmm, I didn't see that resistance about 40 to 50 pips up. Thank you. It's much clearer if I zoom out one click. Will watch what happens when price gets there. image
MA Crossover System that works for me
- AlistairC replied Dec 13, 2022
On EURAUD I have a buy trade waiting to be triggered. The PA is not as clean as EURUSD but it is a valid trade. As far as I can make out (given that the PA is a bit messy), all of the safety checks are clear.
MA Crossover System that works for me
- AlistairC replied Dec 13, 2022
On my H4 and D1 charts the 8/21 EMAs have not yet crossed down, so I have this pair still clearly bullish. But with that resistance above I don't want to buy. So I will sit out until PA shows me what to do. image image
MA Crossover System that works for me
- AlistairC replied Dec 10, 2022
This is the sequence that I usually follow when deciding to place a trade. In my case H4 is the trading time-frame and D1 shows the dominant trend. On the H4 charts: Is there a new trend after a crossover (= first leg) or a second or perhaps even a ...
MA Crossover System that works for me
- AlistairC replied Dec 9, 2022
It was a funny kind of week, but I'm happy that I made 1.3% profit today. Good thing too, because I ended up at close to B/E for the week. The main thing I (re-)learned was to trade strictly in line with the dominant trend. Most of the H4 and D1 ...
MA Crossover System that works for me
- AlistairC replied Dec 9, 2022
Thanks, and right after the results came out things looked a bit wild. All three came out green. We can look to a bullish USD next week. But as technical traders we don't need to know that - the charts will tell us, and if somehow price doesn't do ...
MA Crossover System that works for me
- AlistairC replied Dec 9, 2022
Here's another example where I took my lead from the dominant trend on D1. The H4 chart is ok but it's a bit "all over the place", so on its own I might not have gone for it. On H4 the first leg and the first big pullback have completed and now we ...
MA Crossover System that works for me
- AlistairC replied Dec 8, 2022
I have taken the almost identical trade on GBPUSD! The reason I didn't post it is that it doesn't fulfill all the safety checks. It's already quite an old trend and it is not far from a resistance level, and I didn't want to cause confusion. I went ...
MA Crossover System that works for me
- AlistairC replied Dec 8, 2022
Thanks for posting this. If I understand your first chart correctly (I have reposted it below), you wait until the last H and the last L are both higher than the ones before them and then you look for a buy trade (or vice versa). Have I understood ...
MA Crossover System that works for me
- AlistairC replied Dec 8, 2022
Nothing much going on. Is anyone else finding decent trades? There are some good setups in places but they are at the end of a long trend and/or up against a S/R level, so they don't qualify.
MA Crossover System that works for me
- AlistairC replied Dec 8, 2022
It's a good idea, thank you. I have actually been doing that on my "private" charts - the ones I don't post. Seeing those "daily" dashed MAs (48 &126 EMAs) on the H4 chart gives me a "one-glance' view of the dominant trend. But I still find a quick ...
MA Crossover System that works for me
- AlistairC replied Dec 7, 2022
Remember this? That's how it turned out. A refresh on the daily. Check this chart and then scroll down. image That's one of the problems we face with trading low number MAs. Minor pullbacks (such as two-bar pullbacks or inside bars) stay ...
MA Crossover System that works for me
- AlistairC replied Dec 7, 2022
Thank you Trinquete, glad to hear you had three good trades today. Please share a chart marked up as you use it.
MA Crossover System that works for me
- AlistairC replied Dec 7, 2022
This trade where I made the mistake of entering on a new trend before the "dominant" trend (on D1) had shown any signs of reversal, made me think. We encourage entering as close to the crossover as possible, yet in a case like this are we ...
MA Crossover System that works for me