PA Trading with EMAs and common Sense

Quoting niks

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M1 EURUSD {image} {quote} really enjoying your analysis sonicvista! i stopped trading gold, it swings too wildly for me, good luck!

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Quoting vvm

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@ first, sorry for my bad English My TradingMethod has 3 basic Ideas: 1. PA: 50% 2. 2 Fast EMAs (Floor Trading System) and sometimes I add the 100Ema: 10% 3. common Sense: 40% 1) PA plays main Role in my Method, I am not a very good PA-Trader, but I understand the Chart Structures (Trend, Range, Reverse) and the importance of Key Levels, it is enough for my simple Trading. IMHO The best PA-Book: Al Brooks “Reading Price Charts Bar by Bar”, 400 Pages, 330 Charts. It is a very hard Job to read it, but it is worth it. I begun to read this Book on 1....

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Quoting sonicvista12

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{quote} yeah gold is wild... i only trade it when its behaving itself. so it looks like you only trade AU, EU & BTCUSD? I trade AU or EU or GU or NU, depending on which is moving best, and occasionally look at EJ/GJ & Gold. That's enough for me!

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Quoting niks

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M1 EURUSD - after a bit of sideways... {image} resistance is broken and the trend continues! {image}

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Quoting niks

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M1 EURUSD - after a bit of sideways... {image} resistance is broken and the trend continues! {image}

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Quoting sonicvista12

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{quote} ripper hold mate! yes the longer price goes sideways, the higher the probability that it can reverse, so that's when i start to get a little dubious. hey small favour to ask - can you please include the time and price lines in yr pics? that way i could follow exactly where/when you are and learn more from your posts...? meanwhile here's a great example of the 200 EMA acting as the EQ/pivot price area... along with potential entry points for both the reversal & continuation strategies... {image}

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Quoting niks

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M1 EURUSD - and on it goes! {image} {quote} cheers! would of been better to hold all positions from the start though, bugger! it's simpler for me to capture without the time and date with the way i have my chart setup at the moment, in most cases, i post as soon a trade completes, so the time stamp in the post might help - i'll see what i can do in future to include it...

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Quoting niks

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no problem sonicvista, if it helps it's always my pleasure! {image} you can see now what i mean when i often look back at these trends and regret not holding from the start, that has to change! {image}

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