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I also have the 100 and 200 SMA on my charts at all times. On a daily euro chart you can clearly see how price behaves around the 200 SMA.Ignored
Now, I werk with the 200 EMA...a few others, but using them to spot critical levels of support and resistance on ALL time frames can help you follow the flow of money...
Example, right now, we are trapped below the M5 200 EMA...happens to be the 1440 DTEMA as well..very powerfull s/r lines.
System...fook yeah!
If ya watch all the tfs and trigger with the trends, you can hammer the whole chart off the M1.
I know this for a fact...it is what I do.
Not perfect...but fuck it...who has to be perfect to profit?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!