Trend Trading All Pairs

Quoting EntropyLad

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to SMA or not to SMA?

Personally, i like the 3SMA. I find them to be crucial. That is just me, of course.

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Quoting NightMoves

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The USDJPY has boken the daily resistance, with a nice 3 bar BPC on the 1 hour might be time to start looking for longs on this pair...

--NM

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Quoting EntropyLad

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to SMA or not to SMA?

Personally, i like the 3SMA. I find them to be crucial. That is just me, of course.

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Quoting PippyD

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I was eyeing this myself. Here's a perfect example of where the experience thing come in to play.

All of the long-term trends are pointing down. But there is a clear swing up from early February. How do you factor in short vs. long term trends when deciding what direction you want to trade?

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Quoting NightMoves

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Here is what I am basing the long on...

--NM

P.S. This is only a demo trade not a real trade....

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Quoting EntropyLad

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The slanted trendline collapse (S.T.C) is too fast. It already happened at 90.36. M30/5MINS

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Quoting PippyD

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I was eyeing this myself. Here's a perfect example of where the experience thing come in to play.

All of the long-term trends are pointing down. But there is a clear swing up from early February. How do you factor in short vs. long term trends when deciding what direction you want to trade?

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Quoting NightMoves

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Long term trends dicate almost all the time, but this pair has been ranging so to speak in the long term, and it broke the range it was in and the next target will be that top trend line, it will be trending according to the SMA rules if this BPC plays out....

--NM

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Quoting NightMoves

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Long term trends dicate almost all the time, but this pair has been ranging so to speak in the long term, and it broke the range it was in and the next target will be that top trend line, it will be trending according to the SMA rules if this BPC plays out....

--NM

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Quoting Pipalicious

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Im not saying if they are good or bad. What im saying is that i personally paid too much attention to them and began to ignore otrher crucial things such as the pa in and of itself.

I like the 3sma but i also believe it isnt 100% necessary for a trader to rake it in the markets consistently. Look at brv for example....you cant get any more naked than that. or chris (silent service method), or jacko to name a few.

Like i said i analize price and THEN i´ll have a glance with the sma´s on if that makes sense.

But ye, the 3sma is a very good tool....

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Quoting Custos

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I totally agree. The MA's sometimes cloud my judgement too. Actually, I was playing with the thought of deleting them as well...

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Quoting NightMoves

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I like to keep either the 100 or the 200, just to help determine if I should stay way from the trade, but I find the SMA can help but again your right they can also get in the way of what you really trying to see. In a nice tame trend they are a big help because you can see if the retracements start digging deeper but in a trend that is not so tame then you need other methods to determine if the trend is where you want it.

So most of the time I use them but then other times I will not use them at all.

--NM

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Quoting Custos

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To show a little bit my minor trades which I also take during the day as a boredom-filler and kind of side income to the big trades.
Attached is the eurjpy 5 min chart. I know, very small time-frame. But I don't trade it with a lot of my account size.

Text book example of a touch trade. 1st target already reached. Gonna leave the rest open during night (here in europe it's already midnight). Let's see what it wants to do.

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Quoting Custos

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I agree totally with that, they do provide valuable information. Hehe, but nonetheless I am gonna try to trade now without those MA's. I want to see if there is a difference in judgement or not.
wish me luck!

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Quoting NightMoves

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I really should practice those, every time I try one of those it gets REALLY windy here because I suck at them...LOL

--NM

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Quoting Custos

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haha, you always have to keep that brazilian beach house in mind, then you for sure can enter into profitable touch trades

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Quoting Custos

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haha, you always have to keep that brazilian beach house in mind, then you for sure can enter into profitable touch trades

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Quoting Pip Dawg

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That's what I like to do to keep me motivated. I think it's important. Here's the house I rent sometimes when I go to Brazil for vacation. Real estate is cheap there and I hope my TT's will pay for mine one day.

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Quoting NightMoves

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I hope thats the head of your butler in that pool...if its mine he might as well stay there, first the bathroom now your pool!!! Good help is hard to find...

--NM

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