There is no Magic Moving Average - You need only one | Page 23 | Forex Factory

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There is no Magic Moving Average - You need only one

  • #441
  • Feb 25, 2019 6:33am Feb 25, 2019 6:33am
Good day traders, here is the situation report EURNZD.
What it was
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What it is
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  • #442
  • Feb 25, 2019 1:31pm Feb 25, 2019 1:31pm
Hi
You should be planning a short on the this pair now, supposedly.
Regards
  • #443
  • Feb 25, 2019 2:52pm Feb 25, 2019 2:52pm
Quoting howard
Hi You should be planning a short on the this pair now, supposedly.
It all depend on the footprint the big boys leave behind
  • #444
  • Feb 26, 2019 2:43am Feb 26, 2019 2:43am
Quoting howard
Hi You should be planning a short on the this pair now, supposedly.
I am waiting to break 1.6400 level. Then maybe I’ll go for sell trade.
  • #445
  • Feb 28, 2019 5:09am Feb 28, 2019 5:09am
Quoting sepramfx
{quote} It all depend on the footprint the big boys leave behind
Good day traders I went long yesterday on EURNZD but could not post chart because I am away from my PC. Meanwhile my SL is at BE now at the most recent swing low
  • #446
  • Feb 28, 2019 8:20am Feb 28, 2019 8:20am
Quoting sepramfx
{quote} Good day traders I went long yesterday on EURNZD but could not post chart because I am away from my PC. Meanwhile my SL is at BE now at the most recent swing low
B4
Attached Image (click to enlarge)
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After
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  • #447
  • Feb 28, 2019 8:31am Feb 28, 2019 8:31am
NZDUSD
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Attached Image (click to enlarge)
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  • #448
  • Mar 7, 2019 5:52am Mar 7, 2019 5:52am
Quoting sepramfx
I have this set up on the radar. Let's see how it turns out to {image}
It's a late entry. Your entry was earlier

Quoting forexcentric
Hi andoseg2, Thank you for the thread! Just a question: how can you make a difference between a correction through time and accumulation/distribution ? How can I know it is A/D or CTT before it is finished ? Cheers
It become a correction through time when it's broken in the initial direction. If it's making Lower Highs and multiple tests of support, reveal decreasing demand and is susceptible to Decline.

Quoting sepramfx
NZDUSD{image} {image}

You approaching is good. it seem you understand this trading method. I agree with your risk management too. Try to focus on 2x reward .
Money moves the market, not an indicator.
  • #449
  • Mar 7, 2019 6:27am Mar 7, 2019 6:27am
Please I need this indicator, anyone can share with me. Thanks in advance
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  • #450
  • Mar 7, 2019 7:16am Mar 7, 2019 7:16am
Quoting oluwagbenga
Please I need this indicator, anyone can share with me. Thanks in advance{image}
It's the same Fibonacci tool on all platforms I just alter the settings to be equidistant. I will send a screen shot of the settings latter when I am on my PC
  • #451
  • Mar 7, 2019 8:43am Mar 7, 2019 8:43am
Good day all traders in the building I am uploading the chart below just to reinforce the power of this method
Attached Image (click to enlarge)
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  • #452
  • Mar 7, 2019 8:49am Mar 7, 2019 8:49am
Quoting oluwagbenga
Please I need this indicator, anyone can share with me. Thanks in advance{image}
Here is the fib setting
Attached Image
Attached Image
  • #453
  • Mar 7, 2019 9:19am Mar 7, 2019 9:19am
Quoting sepramfx
{quote} Here is the fib setting{image}{image}
Thanks I get the settings very well. I use the first three columns and the last two columns in the default fibo. but i want to ask i need screenshot on how to draw the fibo correctly. Also how to project the fibo for BUY SIGNAL also for SELL SIGNAL
  • #454
  • Mar 7, 2019 9:33am Mar 7, 2019 9:33am
Quoting sepramfx
{quote} here is the fib setting{image}{image}
comment on this please
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 41 KB
  • #455
  • Mar 7, 2019 3:54pm Mar 7, 2019 3:54pm
Please kindly provide the rules to this strategy and how to plot it on the chart and what is the parameter of the moving average. Thanks
  • #456
  • Mar 8, 2019 12:42am Mar 8, 2019 12:42am
Quoting oluwagbenga
{quote} comment on this please {image}
I really do not understand this question. Could you please rephrase it
  • #457
  • Mar 8, 2019 12:48am Mar 8, 2019 12:48am
Quoting sepramfx
Good day all traders in the building I am uploading the chart below just to reinforce the power of this method {image}
Final result on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: EU_001.png Size: 24 KB
  • #458
  • Mar 8, 2019 1:57am Mar 8, 2019 1:57am
Quoting oluwagbenga
Please kindly provide the rules to this strategy and how to plot it on the chart and what is the parameter of the moving average. Thanks
If you read the first 10 pages..and read his posts you will see what he is doing..its very clear and a VERY GOOD but simple strategy.. hope this helps you..all the best
  • #459
  • Mar 8, 2019 3:09am Mar 8, 2019 3:09am
I have this pair (EURAUD) to look out for, lets watch and see
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  • #460
  • Mar 8, 2019 4:17am Mar 8, 2019 4:17am
Quoting oluwagbenga
{quote} Thanks I get the settings very well. I use the first three columns and the last two columns in the default fibo. but i want to ask i need screenshot on how to draw the fibo correctly. Also how to project the fibo for BUY SIGNAL also for SELL SIGNAL
I am not using the fib to project or predict price movement, rather I am just using it to define my R:R
Talking about the method, danc said it all the first ten pages will do you a whole lot of good, then you will have to decide the kind of trader you desire to be that is short term, long term or position trader. The MA on my chart is 30SMA
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