Originally Posted by xard777

I still use MM in all my daily trades. For starters I would feel naked and would not know which side is up without it.

MM is an invaluable tool for showing Support & Resistance points for price, however as great as it is, I don't feel it should be used on its own when trading forex.

Each to their own, I myself have started playing around with T3 & HMA lines to help with entry signals into the market and using MM for possible exit points. This strategy has proved to be rather successful over the past few weeks with geppy dropping the way it has.

So in answer to your question, MM is still very much in use (by me anyway), but not on its own. I try very hard to reduce the number of indicators that I use and keep only those that I deem necessary. As it is I am testing different scenarios and have eight indicators plus the news on screen just now which I refer to for entry, duration & exit on all my trades.

Xard777

PS Thanks to mLaden for introducing me to T3 lines - he has done some great work here.