DislikedHi,
Which moving average would you recommend, 50, 200 simple or expo?
ThanksIgnored
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DislikedHi,
Which moving average would you recommend, 50, 200 simple or expo?
ThanksIgnored
DislikedIf you are asking as far as determining the trend I would recommend a smaller moving average such as the 20. Like I said earlier don't get to caught up with which moving average just stick to which ever one you choose. Trade the plan. There is no holy grail so maybe with the 20 ma you will lose a trade and with the 30 you will win a trade and vice versa. The long run is what is important.Ignored
DislikedHello Nelson. Look at these charts of usdcad. Would this be a valid short set up?
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DislikedNelson, although eurjpy isn't one of the pairs that you listed, I want to know if this is a valid long set up? Thanks.
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DislikedLook at these charts of eurjpy. Price is ranging on the weekly and monthly charts. How do you determine if the trend is up or down?
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DislikedI just want to thank Nelson 7 for sharing this simple but effective method. I'm going to post some trades from my "LIVE" ibfx account. I'm currently + 700 pips across 4 pairs thanks to this simple method. All of the trades were based on the monthly trend. Thanks again Nelson.
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DislikedHere is a trade I entered on the USD/JPY late last night which I am currently monitoring. Looking for weakness at important resistance to exit with profit or to move up my stoploss.Ignored
Dislikednice little method see attached for little indicator i made to help.Ignored