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Originally Posted by azman818
hi ramdas
i was looking for plain entry signals from the beginning of this thread
i guess you are much wiser - 'no crosses'
i'll observe price patterns around sma
hopefully will get the picture
cheers
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Dear azman818,
Wellcome to thread.
I am not much against cross, Instead with this setup one get best entry point looking at price pattern. crosses are form after price movement, and then we enter and get late entry and till that time price has already move 40pips and other smart trader start booking profit who has already enter at begining of movement.
I am attaching two chart of GBP/USD i have also pasted up trend pattern on both chart. on first chart i have hide up movement and only begining of up trend pattern is visible. check yourself is this is a Up trend forming pattern ? is the currency forming up pattern ?
in second chart check once again is this is correct.
Best Regards
Ramdas