DislikedSo what you're really saying is... your 700 MA's really give NO clues. It's all about trend lines, S/R and sentiment?
Why not take all those MA's off the chart and just read trend, S/R. I mean, after all in some of your pictures you've eliminated the MA's and present trend lines (who ever heard of such) and support resistance. Just asking.Ignored
and I never claimed that you should use the csma as the only indicator,
or as a stand alone trading system,
I guess you could develope something like that but personally I like to get confluences
from several indicators that would give me more high probability trades,
so I use it only as an indicator in conjuction with all the others,
the csma certanly makes a difference.
as you clearly can see on the live trades i have been showing, not demos
if you have a clearly vissible stripe or zone at your entry,
you may find that those trade will allmost allways be winners,
while if you didn't have a stripe they would be more loosers.
it is a very strong indication if you have a stripe, the thicker the better,
but if you hardly can see the stripe then it's not that important.
and you should probably disregard it.
you should look for more noticable stripes,
as you can see on the usd yen chart the stripe is very thin
I would say that is an area that is building up but not really finnished to use as SR yet
and it's even hard to see it if you don't look very careful,
so that kind of thin stripes are ofcourse to be considered weaker
and not to put so much importance on.
you should be able to clearly see a stripe,
then it's important and powerful.
Bulls are stupid Animals!especially when Im short!