hi slkosier, thank you very much for your reply. can i clarify some points with you? 1) do you only use the cross over of 5 and 8 ma for a signal? 2) how do you set your sl and profit target? 3) what is your exit signal? is it the crossover of the 5 ...
thats right i am using 1H TF. i used 1 ma cos i find that 1 ma does not have that many unnecessary crossover using 2 ma. one thing i noticed is that when i used 1 ma and the price closed below the ma line, that is about the same time the 2 ma will ...
hi everyone, i read with interest on this thread and also starting to use the moving average to make some demo trades. anyone did a short trade on the gbp/jpy currency yesterday as well? i did one but was stopped out shortly.... not sure what went ...