Morning Cigarguy,
The key to successful trading, in my humble opinion, is clarity. The ability to read the 'road map' that the market is showing, so that there isn't any ambiguity in making a decision to risk one's funds in taking a position.
The nuance which you have proposed, via the multi ma's, gives one the advantage of clearing up the 'fog' that the MM's have a great ability to do and help one to develop patience while waiting for the time to 'sting like a bee.'
For me, when there is too much information on a chart it has a tendency to make me hesitate, just for a moment, and then that moment goes away (along with the market) and a potential opportunity to put some bread in the bread basket.
So, I believe that many will find your proposal to be one that will lead to more success for those who are patient and know how to read their GPS signals to get them where they want to go.
Thanks always for your thoughtful postings and help to others who want to grow their accounts.
WGT
The key to successful trading, in my humble opinion, is clarity. The ability to read the 'road map' that the market is showing, so that there isn't any ambiguity in making a decision to risk one's funds in taking a position.
The nuance which you have proposed, via the multi ma's, gives one the advantage of clearing up the 'fog' that the MM's have a great ability to do and help one to develop patience while waiting for the time to 'sting like a bee.'
For me, when there is too much information on a chart it has a tendency to make me hesitate, just for a moment, and then that moment goes away (along with the market) and a potential opportunity to put some bread in the bread basket.
So, I believe that many will find your proposal to be one that will lead to more success for those who are patient and know how to read their GPS signals to get them where they want to go.
Thanks always for your thoughtful postings and help to others who want to grow their accounts.
WGT