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Pl feel free to post your feedback about stratergy.
I see Number of Reader's reading this thread are increasing.
But i don't know how many people just read new post and move.
I also don't know if people find this thread usefull or NOT usefull.
Without any comment's or feedback from reader / trader there is no point to continue only just posting my comment's.
So Pl feel free to post your feedback about stratergy.
Best Regards
Ramdas
Hi Ramdas,
I've found a very interesting thread and I hope to find the feeling to recognize the pattern and to play with the price map, very usefull set up for the market behaiviour understandig.
I have one idea, what if dealing with LWMA's indee fo SMA's?? I think they are earlier to react to price action, or is that the reason for the choice u made???
Thanx 4 ur sharing, gus.
__________________
________________________________________ ABURRA VALLEY, GUSDINSALVO - MEDELLIN, CO
"We Are What We Do And Even More What We Do To Change What We Are"
seems to me by looking at all the charts that when your 50 150 and 300 cross up or down theres some pips to be taken. You would miss a lot of discretionary trades, but so what if the EA trades are profitable...
I've found a very interesting thread and I hope to find the feeling to recognize the pattern and to play with the price map, very usefull set up for the market behaiviour understandig.
I have one idea, what if dealing with LWMA's indee fo SMA's?? I think they are earlier to react to price action, or is that the reason for the choice u made???
Thanx 4 ur sharing, gus.
Hi Gusdinsalvoforex,
I use SMA with it's simplest form, without much complication's.
More complications we make more we get away from it's basic use.
seems to me by looking at all the charts that when your 50 150 and 300 cross up or down theres some pips to be taken. You would miss a lot of discretionary trades, but so what if the EA trades are profitable...
Market is more interested in SMA600 and SMA2400,
If market has move to sma150 or sma300 with good pips (from SMA50, Touch entry point) then market will look to book profit or partial profit at sma150 or sma300. if these two sma are near to entry point then market will look for sma600 to sma2400 touch point.
Attached chart shows current E/U movement
Sell Pattern has form, But it is BAD Sell spot since all other SMA600, SMA2400 are near and there is less pip's potential.
Chart is posted to show avide such spot.
Attached chart shows current E/U movement
Sell Pattern has form, But it is BAD Sell spot since all other SMA600, SMA2400 are near and there is less pip's potential.
Chart is posted to show avide such spot.
If you get caught in such spot, exit when price touch sma600 or sma2400.
Market gives chance to exit with atlest 5pips profit.
Don't be greedy to expect more that this..before market develop up strength .
Attached chart shows current E/U movement
Sell Pattern has form, But it is BAD Sell spot since all other SMA600, SMA2400 are near and there is less pip's potential.
Chart is posted to show avide such spot.
Best Regards
Ramdas
Hi Ramdas,
How do we define when price breaks that 600-2400 levels, any number of pips or do we have to consider a larger time frame pattern for the cross consolidation ??
__________________
________________________________________ ABURRA VALLEY, GUSDINSALVO - MEDELLIN, CO
"We Are What We Do And Even More What We Do To Change What We Are"
How do we define when price breaks that 600-2400 levels, any number of pips or do we have to consider a larger time frame pattern for the cross consolidation ??
Hi GUSDINSALVOFOREX,
You are absolutly correct, We have to consider next time frames.. what is happening on larger time frame.
You can just click on next timeframe on same setup to see larger view.
Linear Mode
