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(binned per thread starter’s request)The "Thinking is Optional" S

  • #141
  • Jan 8, 2022 5:20am Jan 8, 2022 5:20am
Quoting Winston Reed
This is a 60 minute EURJPY. The red 200 MA is below the blue 200 MA so sells are desired. The cross of the 10 MAs is the signal. Notice that even though price is above the 200 MAs that sells are still desired since the red 200 MA is below the blue 200 MA {image} More examples. {image}
In your examples there are several down-crosses of shorter MAs that you didn't mark. Do you only take trades when prices pulls back to long MAs significantly?
  • #142
  • Jan 8, 2022 11:47am Jan 8, 2022 11:47am
I need this two indicators
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  • #143
  • Jan 8, 2022 8:57pm Jan 8, 2022 8:57pm
Quoting oohoo
{quote} In your examples there are several down-crosses of shorter MAs that you didn't mark. Do you only take trades when prices pulls back to long MAs significantly?
In general, but not universally, the further away from an MA price travels the less likely it will continue in that trajectory. Therefore, waiting for a pullback towards the longterm MA before taking the "fast" MA cross signal is prudent. I don't find it necessary for price to touch the long term MA.

It is interesting to study price behavior in three areas relative to MAs:
1. Price at the MA
2. Price relatively distant from the MA
3. Price in between far and at the MA.
  • #144
  • Jan 9, 2022 12:43am Jan 9, 2022 12:43am
Hi,
In other words Thinking is not really optional
Thanks a lot for sharing
jf
  • #145
  • Jan 9, 2022 8:40pm Jan 9, 2022 8:40pm
Winston - did you previously use the 9/26 crossover as depicted in post 134 or was that just for illustration? Nice clean chart but maybe not as good for trading as the 3/6/200s. Just curious.
  • #146
  • Jan 10, 2022 3:16pm Jan 10, 2022 3:16pm
Quoting Hassanbouya
I need this two indicators {image}
Maadik Hugiis. IQ 69.
  • #147
  • Jan 11, 2022 12:49pm Jan 11, 2022 12:49pm
Trades open this morning, it looks good. So easy, no indicators, it can be traded directly on the phone
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  • #148
  • Jan 11, 2022 3:08pm Jan 11, 2022 3:08pm
Great seeing some making pips.

Currently I'm using the following:
200 MA shifted -20
200 MA shifted +20

10 MA shifted -1
10 MA shifted +1

The 3 and 6 MAs are ok but will give more "false" signals.
Managing risk is the key to navigating false signals.
  • #149
  • Jan 11, 2022 3:10pm Jan 11, 2022 3:10pm
Watching this one.
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  • #150
  • Jan 11, 2022 5:28pm Jan 11, 2022 5:28pm
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  • #151
  • Jan 21, 2022 9:44am Jan 21, 2022 9:44am
WR - are you testing, back testing this strategy or trying something else? Different indicators or different settings for the present ones? It's been pretty quiet here.
  • #152
  • Jan 22, 2022 7:10pm Jan 22, 2022 7:10pm
Quoting piprac83
WR - are you testing, back testing this strategy or trying something else? Different indicators or different settings for the present ones? It's been pretty quiet here.
Same settings. Busy with the J-O-B.
  • #153
  • Jan 23, 2022 2:36am Jan 23, 2022 2:36am
thank you for sharing Winston reed & that you are working on it

which pairs do you trade? All 28?or single selected pairs?
  • #154
  • Last Post: Feb 5, 2022 6:29pm Feb 5, 2022 6:29pm
I'll be suspending any active posting on this thread for now. I'm working on something else for now and may post a new thread soon. All are welcome to continue posting here if useful. Take care.
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