I closed this trade manually at almost break-even. I noticed across the other AUD pairs that AUD seemed to be strengthening, so I decided to preserve my capital and get out rather than stay with it and hope for the best. There's more where this one ...

MA Crossover System that works for me

In fact, I have started taking even shorter trades but with larger lot sizes recently. This crept up on me without me noticing. Today I sold EURUSD and set my TP at 30 pips, which has just been reached. You'll see why if you look at the H4 chart. ...

MA Crossover System that works for me

This is indeed the most difficult part. You're already up by 300 pips - that's an amazing trade already. (Well, I think it's amazing!). Either you exit according to some known and clear rules, then your own discretion and emotion don't have to come ...

MA Crossover System that works for me

Here's a trade (CADJPY) that got a valid signal but I did not take it because it is at a high price level (buyers getting cautious, sellers getting interested?) and also right below strong resistance. First are the top parts of D1 and W1 charts ...

MA Crossover System that works for me

I received a sell signal from version 12 of eurusd-thijs's EMAs Trader this morning when I switched on. I went through my safety checklist. The only concern is the long leg down on the daily, but that has been though a refresh / shakeout, so no big ...

MA Crossover System that works for me

This resistance level is quite a significant hurdle, but once it breaks above that it has quite a lot of clean space to move into. Good luck and hoping for the best! image

MA Crossover System that works for me

GBP is bearish across the board. This one (GBPCHF) has caught my attention because there is a lot of "energy" stored up in that consolidation zone. If it closes below the S/R level on the daily I'll look for a suitable entry. One option will be to ...

MA Crossover System that works for me

I have had no suitable trades the last two days, but I can report that I have made 7% profit on my account so far this month. Most of the trades that comply with the 3x3 method are in very long / old trends at present and some are at extreme levels, ...

MA Crossover System that works for me

Very dominant! image

MA Crossover System that works for me

It broke the other way, but I didn't trade it because it is against the dominant trend.

MA Crossover System that works for me

I have found that using the 2x3 or 3x3 method gives me much more confidence that a trade will go in the right direction, even when it pulls back into the danger zone. Previously I would have started feeling stressed and taken evasive action like ...

MA Crossover System that works for me

Of these two, I got lucky and did not trade AUDNZD (it seemed like AUD was bearish across most AUD pairs) but did go with AUDCAD. One of my safety checks is not to trade into S/R, and this trade has a support level not far below my entry, so ...

MA Crossover System that works for me

A pinch is just my term for a normal consolidation, but because we use EMAs in a visual way, we can see that the EMAs are very close together. When we get such a situation, a breakout is very common. The standard strategy for trading a breakout is ...

MA Crossover System that works for me

Exactly, that's what I call a pinch - everything pinched close together, i.e. it is going sideways. This spells opportunity! Because many times, price will explode out of consolidation like this and we need to be able to catch it without getting ...

MA Crossover System that works for me

Well done, nice profit waiting!

MA Crossover System that works for me

We have a "pinch" on AUDUSD H4 where the EMAs are all close to each other, basically a consolidation. Breakouts from consolidation are very common, so we can expect a breakout at some stage. The trick is to catch it. One option is to place a stop ...

MA Crossover System that works for me

This is interesting, and what should one do with it? These two AUD pairs are heading in opposite directions on all three times frames AND the plus/minus signs show that the EMAs themselves are also sloping in the opposite directions, without ...

MA Crossover System that works for me

Hi josi, thanks for this timely reminder. Unfortunately, your critical tone and the fact that you addressed me directly with inferences that I would promote blind acceptance of signals are offensive to me. Perhaps you could have chosen your words ...

MA Crossover System that works for me

I'm pleased with the way this week has gone. And I think I'm on to something good with option 3 above, the "2x3" method. With the daily and the weekly in alignment with the H4 trading timeframe, it means the force really is with you, so as long as ...

MA Crossover System that works for me

Some modifications and additions. These are the strategies I am focussing on this week. 1. The 3x3 method using version 12 of eur-thijs's excellent EA, set to manual, so it gives signals but doesn't place trades 2. The "yellow arrow signal" that ...

MA Crossover System that works for me