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MA-based trading Idea
Started Nov 11, 2013|Trading Discussion|19 repliesI was looking on my charts with an MA on it and observed(nothing new) that the price is always ...
I was looking on my charts with an MA on it and observed(nothing new) that the price is always ...
trendlines... for me is it more like a channel and more like a MA channel...so it is dynamic
For me no trade at this moment but I'm looking to short this thing at prices between 1.2530 and 1.2560
I think you have missed my point...
this is only an example how I define the importance of an entry: The big move up has given me an range(zone) point A At point B the price has retrace 50% down from the high of the big move. At point B I alredy know some informations: -The high / low ...
RR=1/1.......................... RR=2/1 1000+2%=1020 ............... 1000+4%=1040 1020+2%=1040,4 ............. 1040+4%=1081,6 1040,4-2%=1019,59 ..........1081,6-2%=1059,96 1019,59-2%=999,19 .......... 1059,69-2%=1038,76 999,19-2%=979,2 ...
make more money tranding smaller — video
My AHA moment was this: When I gonna put a horizontalline on a chart at the point where the price is now in the future the price gonna be above or below this line...
when now at a present price let say EURUSD I gonna put a horizontal line and a MA with bigger number I gonna find a very profitable setup in the history
NO I wouldn't (no offense)
shape — I don't belive that MA's acting like S&R I dont' belive that fibonacci numbers act like S&R But how to deny that the shape of a chart is not build with S&R hide inside it?
synchCharts — url It's a script
recent candles from hanover — this should help url