AUDCAD setting up for a cross. Not my favorite pair - but the only one available right now
Trading is this Simple? Finally Explained simple and clearly! 46 replies
My way of trading by Using trend line , BL line & febo level 76 replies
Simple Horizontal Line Trading H1 87 replies
DislikedI think everyone can concur that an MA cross is an MA cross, which ever MA you use is up to you. Like I've said in the past, I love Bill Williams trading methodology.
How many other GURU's methods are "built" right in to MT4?
If you dont like the 13MA, as long as you don't muddle the rules you are welcome to post your charts and explain your entries. This particular thread is about the Balance line cross.
As far as how close it closes is variable. If it is a volatile pair, then the closeness isn't as important as the angle (look at GBPJPY...Ignored
Dislikedcolostarr - 101% agree that trading without a stop on a pair like GBP/JPY is madnessIgnored
DislikedHi colostarr
I took the GBP/USD late last night. Still in the trade for 80 pips so farIgnored
DislikedEURCHF
Failure to make new high + blue line cross = good set up IMO. However, potential support at 1.2133. Let see how it close. But I l¡ll give it a try.Ignored
DislikedEURCHF
Failure to make new high + blue line cross = good set up IMO. However, potential support at 1.2133. Let see how it close. But I l¡ll give it a try.Ignored
DislikedWith this strong move down, i feel that our trigger would be too close to support, which by the way if the 50% fib level of the last move up.Ignored