There is no Magic Moving Average - You need only one | Page 17 | Forex Factory

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There is no Magic Moving Average - You need only one

  • #321
  • Nov 20, 2017 2:55am Nov 20, 2017 2:55am
Quoting andoseg2
USD/CHF stalking for evidence of buyers through MA30 (swing trade candidate) {image}
Is this SMA or EMA in your chart? What’s the parameter of it?
  • #322
  • Nov 20, 2017 3:53am Nov 20, 2017 3:53am
Quoting andoseg2
USD/CHF stalking for evidence of buyers through MA30 (swing trade candidate) {image}
I am also following USD/CHF . M30 with 48MA.
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Trade what "Is", not what "If".
  • #323
  • Nov 20, 2017 9:19am Nov 20, 2017 9:19am
Quoting NeilWagner
{quote} Is this SMA or EMA in your chart? What’s the parameter of it?

Post 131 and post 321
Live today like theres no tomorrow-- Prioritize like you will die today
  • #324
  • Nov 22, 2017 10:15am Nov 22, 2017 10:15am
Attached Image
Live today like theres no tomorrow-- Prioritize like you will die today
  • #325
  • Nov 22, 2017 5:58pm Nov 22, 2017 5:58pm
Much appreciate your posting about MA30 on 4 HR chart. I am trying toincorporate it wit lower time frames.Iprefer to read than comment.
  • #326
  • Nov 23, 2017 8:22am Nov 23, 2017 8:22am
Learning, thanks Ando
  • #327
  • Nov 28, 2017 1:06pm Nov 28, 2017 1:06pm
Really enjoying this thread, this is real priceless trading knowledge.
  • #328
  • Dec 26, 2017 2:10pm Dec 26, 2017 2:10pm
GBP/CHF swing trade ahead with MA30

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Money moves the market, not an indicator.
  • #329
  • Dec 27, 2017 4:41am Dec 27, 2017 4:41am
Quoting andoseg2
GBP/CHF swing trade ahead with MA30 {image}
Bravo
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #330
  • Dec 27, 2017 4:52am Dec 27, 2017 4:52am
Quoting andoseg2
GBP/CHF swing trade ahead with MA30 {image}
I agree with your analysis, yes buyers are accumulating now; it market breaks this intraday resistance level then I’ll open a buy trade with decent SL position.
  • #331
  • Dec 29, 2017 4:34am Dec 29, 2017 4:34am
Quoting ejiexe
{quote} Bravo {image}
Without intensive risk management, you will lose many trades. No matter if you are a scalper ( e.g take profit before a 1:1 risk:reward is achieved) or a trend follower (leting the trade run and following with trailing stop) your nr.1 goal shall be the risk management! Always. So, cover after a quick explosion, (close 50% of your lot size and move stoploss with 2-3 pips in favor of breakout to cover the trade costs) this way you will have a risk-free trade with no loss and will filter many bad trades wich have fake strong momentum. Like this one.

"Remember that if you practice strict money management rules, you will become the casino and in the long run, you will always win."

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Money moves the market, not an indicator.
  • #332
  • Dec 30, 2017 4:11pm Dec 30, 2017 4:11pm

  1. There are no “special” moving averages. (I.e., the 200 day is not special compared to the 193, 204 or any other average.)
  2. Pricing crossing or touching a moving average does not have significance for future market direction.
  3. The slope of a moving average is not a meaningful indicator of trend.
  4. Crossings of moving averages are not meaningful indications of trends.
  5. Indicators built from moving averages are not reliable indicators of trend.
  6. In short, most of the things that traditional technical analysis teaches about moving averages do not stand up to quantitative scrutiny.

source: https://adamhgrimes.com/200-day-moving-average-work/

  • #333
  • Jan 4, 2018 7:19am Jan 4, 2018 7:19am
Quoting crixus
There are no “special” moving averages. (I.e., the 200 day is not special compared to the 193, 204 or any other average.) Pricing crossing or touching a moving average does not have significance for future market direction. The slope of a moving average is not a meaningful indicator of trend. Crossings of moving averages are not meaningful indications of trends. Indicators built from moving averages are not reliable indicators of trend. In short, most of the things that traditional technical analysis teaches about moving averages do not stand up...
nice jokes !
  • #334
  • Jan 4, 2018 4:51pm Jan 4, 2018 4:51pm
Quoting crixus
There are no “special” moving averages. (I.e., the 200 day is not special compared to the 193, 204 or any other average.) Pricing crossing or touching a moving average does not have significance for future market direction. The slope of a moving average is not a meaningful indicator of trend. Crossings of moving averages are not meaningful indications of trends. Indicators built from moving averages are not reliable indicators of trend. In short, most of the things that traditional technical analysis teaches about moving averages do not stand up...
So what are YOUR thoughts on this article? Quoting only a part of the article means zero. When I read the article it clearly, logically tells me to trade above the 200sma to opposed to trading below it. That'
what I take away from the article. My suggestion is to start from the beginning of the thread and take in what andoseg2 is teaching. Play with the moving Averages use the formulas and place them on your charts. You'l
see they are significant. Lagging yes, but significant.
Trade what "Is", not what "If".
  • #335
  • Jan 18, 2018 12:40pm Jan 18, 2018 12:40pm
Swing trade setup GBP/AUD head and shoulders developing with higher low @ MA30

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Money moves the market, not an indicator.
  • #336
  • Edited Jan 19, 2018 4:51am Jan 18, 2018 1:20pm | Edited Jan 19, 2018 4:51am
Not magic, but useful and efficient Centered Moving Averages !

I do not need ONE Moving Average but THREE !
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  • #337
  • Jan 21, 2018 12:01am Jan 21, 2018 12:01am
Andrew,
Is NJ at distribution stage? thanks
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  • #338
  • Jan 21, 2018 12:09am Jan 21, 2018 12:09am
Quoting kennyxox
Andrew, Is NJ at distribution stage? thanks {image}
its work fine on trend market !

If in market flat then you totally lost, how to filter trades in flat market?
  • #339
  • Jan 21, 2018 3:51pm Jan 21, 2018 3:51pm
Quoting FxEmilio
{quote} how to filter trades in flat market?
With multiple timeframes. There is no Flat Market! Market is always trending! if on 1h it is in a range, on H4=Daily is a trend. Well done, switch to h4-D and apply your strategy there until your 1H offer you a trading setup. Is not so hard. Is just a little brainstorming ™
Money moves the market, not an indicator.
  • #340
  • Jan 21, 2018 3:54pm Jan 21, 2018 3:54pm
Quoting kennyxox
Andrew, Is NJ at distribution stage? thanks {image}
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Don't forget the bigger picture :

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Money moves the market, not an indicator.
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