the key to the mint

what feed/broker are you using, as I didn't get cross of MAs.

I Trade Live With Rjofx But If You Look At Interbanksfx You Will See All 3 Indicators Cross On Eurjpy And Then The Next Candle Spiked Down 1 Thing To Take Into Consideration From My Experience Is When You Get The Crosses And That Candle Is A Spike Candle It Can Be Dangerous To Enter Since It Has Moved Away Fom Ema Quite A Bit There Is Always A Retrace Back To Ema Just A Warning

Not sure if GU is a good buy at the moment, the opening price is so close to the closing price of the previous candle.

The Emas Were Not Crossed On Gbpusd No Signal Here Is The 2 Signals From Eurjpy This Morning

burt
personally I would steer clear at the moment we have more news at 15:00

but its your shout at the end of the day

I was hesitant too so didn't make any trade. I think I will end my day here and head to bed.

burt and others let me reemphisize again the rules we first look at daily chart. for example at the end of today when the daily candle closes for whatever pairs you chose. i use just 4 of them. on daily chart when both emas are crossed and rsi crossed 50 level and stocs closed cross them and only then do you have a signal. so in some of you examples you had a cross of ema a cross of rsi but stoc was not crossed so then you dont have a signal. make sure all are in aline on daily if so then the next day wait for all to aline on 1 hr charts and have a closing candle with them all crossed then enter at market. you only need to check 1 hr charts every hour here are a few charts showing no signal

long G/U @ 2.0706

was 2sec from going long on GU b4 all hell broke loose.
did u see that thing go.
harold, is this one of the 10-15% of the time the system fails, cos all was for long entry.

There Was No Signal On Gbpusd The Rsi Was Good The Stoc Was Good But No Cross Of The Emas Look At Chart Attached And Their Values On Left this is interbankfx platform but even my live acct there was no cross

what wld we do without u. again spot on.

well that was a bit inpatenice of me, on my chart it open just a whisker above
anyways I`m still in, I tend to have higher SL`s on higher TF

always check the value sometimes the lines when they are close can be a little decieving anyway when in a trade and one of the indicators change on the close its time to exit hi paradoxical i sent you a pm

possible long signal on gbpusd the rs is close to cross 50 and ema are about to cross

a long in gbpusd 20691

this is working out nicely since i already made my goal for today earlier i will now set stop at break even and let it run i know its late in session so its a free trade

Nice quick 15 pips gained during quiet time. Good call Harold. Thanks

no problem get em while you can

Looking at historical crosses in Metatrader, MAs, Stoch, RSI, whatever is deceiving. If the bar is already closed it can show a different picture than while the bar was still active.

In other words, crossed indicators on the current bar can always uncross.

It's also what makes backtesting of MA cross systems so difficult.

kenmaina
looking back on historical charts and backtesting is great because it all looks rosy and it seems you always win but in real time its completely different
try doing this on demo for a few months see how it goes