There is no Magic Moving Average - You need only one

Here is my first trade set up for the week USDCHF 1H/1D configuration

Hello traders! Here is my outlook on USDJPY 1H/1D configuration

This is some of the amazing things market cycle can help you achieve

EURUSD seems to be experiencing increase in demand, will this be sustained? Lets see

Here is my take on AUDUSD

Here is something similar on GBPUSD

1-day smooth MA can be a better benchmark than spot candles for substantial major-pair trends.

can you tell me what setting moving average you are using?

For D1/H1 configuration, I use 24SMA
For W1/H4 configuration use 30SMA

can you explain the rules of tranding strategy that you use ...? because after I observe the moving average like the picture you are showing it makes it difficult for me to determine the position of stop loss, entry and exit points

Sepramfx,
Please do you use pending order at the breakout level or do you wait for price to break the level before you enter a trade?

Regards,
Sutiv

I use pending orders because their is need for confirmation

Take a look at post #921 it shows where my SL is and the TP was at X2As for rules of trading, I did not change anything if you go through the first 10 pages you will understand the whole logic

Do you use fibonacci retracement levels to get additional confirmations for a trade?

On higher TF? Yes just to get extra confluence but on my entry TF, I just go with structure

I just wanted to make a shout out to Andoseg2 who started this thread.

I have traded for 5 years, 2 years full-time and the essence of profitable trading is to dumb it down so much that you easily can react to it. I have traded with naked charts for more than a year, and this is the number one suggestion I would give to any new trader out there. Learn price swings, and learn how/why moving averages turn (there are only two ways they can turn)

Then when you understand this, and the different phases of price-action so well explained in this thread...then you are ready to add an indicator in my opinion (if you need it).

An indicator is just a reference point, nothing more. You can have success with any moving average you want, but I would suggest for anyone to stick to one for a substantial amount of time to get the feel for it. So when someone ask, "what is the best moving average to use" you know they don`t have a basic understanding of price action yet, and quite frankly their expectations are in the wrong place... You are looking for a holy grail (and we have all been there)

I am all for using more moving averages, but only one for reactive trading. The rest should in my opinion be for filtering. Becoming consistently profitable is extremely hard, but I believe this thread offers a great approach to get there.

Thanks for a classic thread!

As Andose2 said, we can easily seperate market in to 4 phases. No matter what the timeframe you trade, you can find these 4 phases eveywhere.

Praction action and Market Phases are the king, MA are just the tools to help you read the whole picture of the market.

This is a valuable thread. Thank you Andose2 and Serpramfx for all your effort here.

[quote = BensonHuang; 13553992] [/ Quote]
Can you show on the chart? I didn't quite understand how it should look on the graph.

here is GBP/CHF for a potential swing trade. The MA100 on H4 clearly reveal Accumulation Phase

Hi Mr Andoseg2,
Thank you for exposed people in here about this technic. What i understood from previous pages, we need to determine what is the current market/price movements either bear or bull trend at hinger TF. Change to lower TF to find market cycle of ACCU/DIST and place pending order at BE (early or Mark Up / Mark Down). However, i still have problem to determine price action movement at higher TF. Based on last few pages, you mention about look at HH/HL or LH/LL. But I still confuse to get actual determination of market at high TF. If it possible, can you elaborate on how to know current market/price movement at high TF? I've read your thread from page 1 till end over and over again but still cannot get it. Thank you sir.