Signals with Moving Averages

Quoting Scchplendid

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Hi Bakker - how are you doing? I took this trade on the M30 this morning and, whilst it worked out great, in terms of pips earned v risk, I'd appreciate your expertise on if I am doing this right please? {image} I based it on the 2 diagrams in this link https://www.forexfactory.com/thread/...4#post15394384 which have stuck with me since I read through all the pages of your thread. I know my colours are a wee bit different, it just helps me to see the bends better. Thank you.

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Quoting Bakker

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{quote} I'm doing fine thank you. You only need to work with the two subsequent white bends; green is only of use when it converge with white leaving at the bottom of the pink candle. The subsequent whites should ALWAYS consist of two DOWNWARD bends as in this case. Likewise in a upward move the second bend on white should be higher than the first one. Entry should be immediately after a push through the trade line and you're satisfied that the pullback is done.

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Quoting Bakker

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Also a good setup on H1; all colors turn sharply south {image}

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