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There is no Magic Moving Average - You need only one

  • #281
  • Edited 9:16am Oct 13, 2017 8:50am | Edited 9:16am
EU 240m looks good for move up.
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  • #282
  • Oct 13, 2017 11:30am Oct 13, 2017 11:30am
Quoting jsmanuse
EU 240m looks good for move up. {image}
You got a nice support, but beware as there is a deep penetration, on a higher timeframe, meaning trouble for bulls

the price is already at strong confluence of resistance area : fibonacci, psichological price resistance, prior swing support
now resistance and MA50.

I advice to wait for the next week with your pending buy order.

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Money moves the market, not an indicator.
  • #283
  • Oct 13, 2017 12:04pm Oct 13, 2017 12:04pm
Quoting andoseg2
{quote} You got a nice support, but beware as there is a deep penetration, on a higher timeframe, meaning trouble for bulls the price is already at strong confluence of resistance area : fibonacci, psichological price resistance, prior swing support now resistance and MA50. I advice to wait for the next week with your pending buy order. {image}
thanks for the tip. I didn't see that on the daily. cheers -
  • #284
  • Oct 15, 2017 8:01am Oct 15, 2017 8:01am
Quoting andoseg2
{quote} Yep, but did you switch to Monthly timeframe to see where this down move come from ? {image} {image} Now, for a swing trade , I would look after something like that on MA30 : {image}
Update :

This is the test of GBP/USD on MA30 .

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And the aggresive entry through the Same MA30


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Money moves the market, not an indicator.
  • #285
  • Edited 8:56am Oct 15, 2017 8:09am | Edited 8:56am
Quoting andoseg2
USD/CAD for a swing trade could look like that. If this scenario doesn't happen @ SMA72, Decline Phase is suspect : {image}
Update USD/CAD :

The Decline with MA72 did not confirmed. As more informations emerge from the Market, the analysis shall be adapted according so a swing trade can be initiated through a pullback @ MA30 wich it seem already done :

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Money moves the market, not an indicator.
  • #286
  • Oct 15, 2017 8:44am Oct 15, 2017 8:44am
Quoting andoseg2
{quote} Update AUD/JPY {image} {image}

Update : Aud/JPY

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Money moves the market, not an indicator.
  • #287
  • Oct 15, 2017 10:18am Oct 15, 2017 10:18am
Quoting andoseg2
{quote} Update USD/CAD : The Decline with MA72 did not confirmed. As more informations emerge from the Market, the analysis shall be adapted according so a swing trade can be initiated through a pullback @ MA30 wich it seem already done : {image} {image}
I'm really enjoying this thread andoseg2 - thanks again. I've got a solid grasp of how you are applying the swings, which is essentially standard swing methodology. The part that I'm struggling a bit more with is how you are assigning values to the moving averages. Specifically in the case of the MA72 - I have not figured out what you are referencing in terms of time frame. 72/24 = 3 so I assume 3 days. But from there I can't figure out why.. again thanks for offering your time and sharing your approach. - Joe
  • #288
  • Oct 15, 2017 10:21am Oct 15, 2017 10:21am
A synopsis to the recent activity. I'll summarize all the lessons wroted here in Youtube Video with aditional explanations where will be the case.

Inserted Video
Money moves the market, not an indicator.
  • #289
  • Edited 12:31pm Oct 15, 2017 11:02am | Edited 12:31pm
Maybe this will help..

TF Equivalent = the MA used on a chart
Actual TF = TF the chart is on.

always convert to minutes-- example -- 4H=240 min ------1D= 1440 min.------ 1wk= 10080 min------- 1Month= 40320 min

here is the formula to find the MA-- TF equivalent (divide by) Actual TF = MA ----example-- 12 Days (17280min) (Divide by) H4 (240min) =72 MA

Here is the formula to find the TF equivalent if the ma is given with a chart TF -- (the inverse formula)

MA X chart TF = MA TF equivalent. --example -- 72MA X H4 (240min) = 17280 min. divide this by 1440 (min in a day) =17280 (divide)1440=12days

Hope this helps Regards
Live today like theres no tomorrow-- Prioritize like you will die today
  • #290
  • Oct 15, 2017 11:05am Oct 15, 2017 11:05am
Based on this weekly chart using only the swings for trend, it is an uptrend.
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The daily agrees with this uptrend.
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So my conclusion is that you would not take a short here based on a retest of the 30 MA - there's isn't much room to support anyway. Plus a prior swing high was taken out. Would you consider a long if price were to trade above the 30MA and find support?
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  • #291
  • Oct 15, 2017 11:31am Oct 15, 2017 11:31am
Quoting jsmanuse
{quote} I'm really enjoying this thread andoseg2 - thanks again. I've got a solid grasp of how you are applying the swings, which is essentially standard swing methodology. The part that I'm struggling a bit more with is how you are assigning values to the moving averages. Specifically in the case of the MA72 - I have not figured out what you are referencing in terms of time frame. 72/24 = 3 so I assume 3 days. But from there I can't figure out why.. again thanks for offering your time and sharing your approach. - Joe
Check the posts #5, #20, #79 & #80
Money moves the market, not an indicator.
  • #292
  • Oct 15, 2017 4:56pm Oct 15, 2017 4:56pm
Quoting andoseg2
{quote} Check the posts #5, #20, #79 & #80
Thanks Andrew. OK so I did a little homework and based on what you have shown, I think I've got the setup for the CAD you posted.

Based on the bars marked, this shows a decent 'tradeable' rally on the weekly chart.
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Then the 240m is the trade chart using the MA30 for the 'weekly' trend. We are watching for the change in sentiment and retest of that moving average, or perhaps a more aggressive entry in this area. Correct? If so, the basically it's a way of trading the larger time frame that indicates a decent consistent rally up or down and then watching for the change in sentiment.... correct? Or sort of correct?
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  • #293
  • Oct 16, 2017 7:34am Oct 16, 2017 7:34am
Bullish opportunities . If the entry doesn't trigger, shall be avoid:

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Money moves the market, not an indicator.
  • #294
  • Oct 18, 2017 11:31am Oct 18, 2017 11:31am
how do you confirm the decline and markup??
  • #295
  • Oct 18, 2017 3:40pm Oct 18, 2017 3:40pm
Quoting andoseg2
Bullish opportunities . If the entry doesn't trigger, shall be avoid: https://www.youtube.com/watch?v=5DyOROEebzE
Update for this week :

Inserted Video
Money moves the market, not an indicator.
  • #296
  • Oct 20, 2017 10:19am Oct 20, 2017 10:19am
Quoting andoseg2
Bullish opportunities . If the entry doesn't trigger, shall be avoid: https://www.youtube.com/watch?v=5DyOROEebzE
Quoting andoseg2
{quote} Update for this week : https://www.youtube.com/watch?v=pcz5_xdozuQ
Update : What happened this week:


Inserted Video
Money moves the market, not an indicator.
  • #297
  • Oct 20, 2017 11:17pm Oct 20, 2017 11:17pm
thanks for sharing system. very interesting !
And I try to analyze your system on gold instruments, am I right ?.
or maybe you have other suggestions ?

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  • #298
  • Oct 21, 2017 3:00am Oct 21, 2017 3:00am
Quoting Van Slobbee
thanks for sharing system. very interesting ! And I try to analyze your system on gold instruments, am I right ?. or maybe you have other suggestions ? {image} {image}
One shall learn how to read the chart, the battle of the two forces. Without this understanding, any technique used is dubious regarding the results. And Market Cycles technique is not an exception .
I am not sharing my system since that mean I am sharing how to read the chart, the risk management strategy and the other hints. I've said that once before and I'm say it again, I am giving you some directions and you shall study on your own trying to adapt and include informations presented here in your actual trading strategy.

Market Cycles can be the foundation of a trading system. Like Elliott Waves, Gartley patterns and etc. The reason I prefere to use Market Cycles is because this is the natural way the chart is constructing. Based on this technique a trader can learn, practice and develop his own trading system.
Moving Averages are used as trading decision and IMO this is wrong. This is another reason I've created this thread. "A moving averages cross represent indecision not a signal for buy or sell" it is said. I've seen that many traders here are having too much expectations from the Moving Averages. I decided it is time to stop with this insanity and reveal a different way how to use the Moving Averages, a way in wich Moving Averages are working. A way in wich professionals are using Moving Averages since I learnt from them.
I think until now I was giving many hints about using this technique. More, I think I was developing a semi trading system realtime along with followers of this thread since I've posted entries and how the trades shall be chosen.
I recommend to anyone to read from the begining of this thread, I am confident that at least 50% of a trading system based on Market Cycles is already here. The rest depend of you.
Money moves the market, not an indicator.
  • #299
  • Oct 21, 2017 3:16am Oct 21, 2017 3:16am
Quoting Van Slobbee
thanks for sharing system. very interesting ! And I try to analyze your system on gold instruments, am I right ?. or maybe you have other suggestions ? {image} {image}

Regarding your question, it is clear that a deep penetration upside took place, the trend was in Lower Lows and Lower Highs,
the penetration made a Higher High and now it is possible to create a Higher Low testing prior Lower High (resistance become support - change of polarity)
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Money moves the market, not an indicator.
  • #300
  • Oct 21, 2017 3:55am Oct 21, 2017 3:55am
Quoting andoseg2
GBP/NZD correction through time inside Markup (20 SMA). Please everybody who have questions, I do not respond to PM excepting the things I am asking from others. All your questions already have the answer in previous posts. Check, read and learn. {image}
Update :

GBP/NZD rocket launch

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Money moves the market, not an indicator.
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