Do you believe moving average systems work? | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple Moving Average Vs. Moving Average? 8 replies

Other peoples trading systems won't work for you 22 replies

Does Moving average actually act as moving S/R ?? 20 replies

Are the best systems also the systems that fail most spectacularly? 55 replies

Systems, Systems and Systems... 1 reply

Attachments: Do you believe moving average systems work?
Exit Attachments

Do you believe moving average systems work?

  • #201
  • Jun 30, 2013 6:00pm Jun 30, 2013 6:00pm
Due to my intake of alcohol I will not be trading the japan open in 2 mins, on the 15 min chart.
that outside bar on e/j was triggered for about 15 pips after spread, I didn't trade it but it helps to keep your eyes open no matter how you trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #202
  • Jun 30, 2013 6:35pm Jun 30, 2013 6:35pm
Quoting billytt
nothing happened regarding the chart I posted on Friday, it looked like e/j was dropping for me to enter a trade, BUT like I said it was near Friday close so that was a no no. right now the e/j is about to break an outside bar on the hour so this is good for the price action guys. I am not trading just watching ,playing my blues harp and having a beer

Up trend, Thursday and Friday odds are it'll continue higher.

If I was in a playing mood, I'd set up orders to go long 129.20 then 1/2 size at 129.07 SL 128.90.

But I've just been taking data off a Web Page and working out a way to overlay it against the data my system collected and remove in preference to my system.

Thankfully I've postponed the Update for a day so no 5am start for me Downside I've got 12 Tablet PC's on my bed upstairs I've got to put somewhere safe before I can sleep

Nite all!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #203
  • Jun 30, 2013 6:49pm Jun 30, 2013 6:49pm
Quoting billytt
Due to my intake of alcohol I will not be trading the japan open in 2 mins, on the 15 min chart. that outside bar on e/j was triggered for about 15 pips after spread, I didn't trade it but it helps to keep your eyes open no matter how you trade
Billy

I knew you liked your drink.
  • #204
  • Jun 30, 2013 8:04pm Jun 30, 2013 8:04pm
Quoting shahroor
I do have my own view which I will discuss later however I would like to hear what others think about moving average systems , do you believe they have potential and why ? The aim of this is a constructive talk that would hopefully help someone

Hi shahroor,

Good question! I'll try to answer as simply as possible with a short explaination.
Although I don't use them in my trading I do believe they have merrit - but not - that much - by themselves. I think they need to be accompainied by some other of predictive analysis aimed at more coarsely predicting the next change in direction. By knowing when timing is about right for a larger more trendy move, you can then play your moving averages with a greater degree of confidence knowing that you are about to enter into the kind of move a MA trade will prosper in nicely.

I hope this helps!
TraderJoe -out-
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #205
  • Jul 1, 2013 3:26am Jul 1, 2013 3:26am
for anyone interested i know a successful investment fund that uses 3 systems and 1 is based on ma. the ma system is low winrate and is very simple in structure. this is the fund http://www.briarwoodcapital.com/stat...nceResults.pdf. the admin is fred shutzman. you can find him in the elder alexanders book where he interviews succesful trader.
  • #206
  • Jul 1, 2013 3:30am Jul 1, 2013 3:30am
Quoting Turveyd
{quote} Up trend, Thursday and Friday odds are it'll continue higher. If I was in a playing mood, I'd set up orders to go long 129.20 then 1/2 size at 129.07 SL 128.90. But I've just been taking data off a Web Page and working out a way to overlay it against the data my system collected and remove in preference to my system. Thankfully I've postponed the Update for a day so no 5am start for me Downside I've got 12 Tablet PC's on my bed upstairs I've got to put somewhere safe before I can sleep Nite all!!
hi bud, Yes indeed I agree BUT I was looking at a chart and told what I saw for the Friday, I try not to think what,where,when just trade the lines/triggers. last week I was showing a Spanish guy how to trade and lucky for me we had a lot of scenarios I could show him and we got busted a couple of times, it is all learning. and he actually did well. I traded the uk open for 10 pips and then compounded and I am still in that trade looking for another 10, be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #207
  • Jul 1, 2013 3:32am Jul 1, 2013 3:32am
Quoting Kingscalp
{quote} Billy I knew you liked your drink.
lol, I actually do not drink all that often but if/when I do , I will not trade. I might run tests but the pc does all thee work lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #208
  • Jul 1, 2013 4:41am Jul 1, 2013 4:41am
I have been on a holiday hence not posting much , however there has been some progress in our strategy development. I'll write about it when I get the time
  • #209
  • Jul 1, 2013 4:46am Jul 1, 2013 4:46am
Quoting billytt
{quote} hi bud, Yes indeed I agree BUT I was looking at a chart and told what I saw for the Friday, I try not to think what,where,when just trade the lines/triggers. last week I was showing a Spanish guy how to trade and lucky for me we had a lot of scenarios I could show him and we got busted a couple of times, it is all learning. and he actually did well. I traded the uk open for 10 pips and then compounded and I am still in that trade looking for another 10, be good
good you mentioned compounding , it is indeed a very smart way to maximise profits, we'll come to that at some stage in our strategy. I am not sure if many use it as part of their system. In actual fact compounding can turn a losing system to a very profitable one but needs to be done the smart way like you explained
  • #210
  • Jul 1, 2013 5:14am Jul 1, 2013 5:14am
I have finished trading off the uk open, mainly due to it being sunny here in uk so I will go get some vitamin B .
I did not quite get the 30 pips but as I had compounded it I got 40 pips value. be good catch you later for us open and lets see is we can get any ma crosses, be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #211
  • Jul 1, 2013 5:38am Jul 1, 2013 5:38am
There are some basic points with moving averages that do work because big money watches them. Like the 200 sma on indices. Many, for example, consider a bear market over once the daily price has returned over the 200 sma. As the 50 sma and 200 sma crosses are closely watched.
  • #212
  • Jul 1, 2013 5:47am Jul 1, 2013 5:47am
Quoting billytt
{quote} lol, I actually do not drink all that often but if/when I do , I will not trade. I might run tests but the pc does all thee work lol
  • #213
  • Jul 1, 2013 5:56am Jul 1, 2013 5:56am
Something I see happening more and more around here is people pointing to traders in other markets attempting to explain what does and doesn't work in forex. Post 205 is an example of this, trying to prove a point by showing us a successful FUTURES trader. And the turtles keep being brought up as if they are at all relevant. They aren't.

- What works in commodity/equities markets, doesn't necessarily work in forex
- What works in a secular bull market doesn't necessarily work in sentiment driven market
- What worked in the small 1980's trading community doesn't necessarily work today, where a million computer geeks with $500 accounts jump on anything resembling a repeating pattern.

The first point in particular is something traders should think hard about. Most chart based trading methods used here are taken directly from other markets where they may work just fine - but if you can't tell a chart of soybeans from a chart comparing the national currencies of two countries, you are a long way from trading either chart profitably. In fact I would suggest you haven't left the starting line yet.
si hoc legere scis nimium eruditionis habes
  • #214
  • Jul 1, 2013 7:55am Jul 1, 2013 7:55am
Quoting billytt
I have finished trading off the uk open, mainly due to it being sunny here in uk so I will go get some vitamin B . I did not quite get the 30 pips but as I had compounded it I got 40 pips value. be good catch you later for us open and lets see is we can get any ma crosses, be good

Vitamin D sir off the Sun!!

MANIC!! trying not to look today, 1 day late on a role out and men can't work cause of it
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #215
  • Jul 1, 2013 10:05am Jul 1, 2013 10:05am
Quoting Turveyd
{quote} Vitamin D sir off the Sun!! MANIC!! trying not to look today, 1 day late on a role out and men can't work cause of it
Yes vitamin D , I was actually taking some B as I wrote that earlier lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #216
  • Jul 1, 2013 10:12am Jul 1, 2013 10:12am
for us trend surfers,the markets continue to reward us.
I wonder who are on the other side of our trades lol!
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #217
  • Jul 1, 2013 10:13am Jul 1, 2013 10:13am
Quoting numbnuts
Something I see happening more and more around here is people pointing to traders in other markets attempting to explain what does and doesn't work in forex. Post 205 is an example of this, trying to prove a point by showing us a successful FUTURES trader. And the turtles keep being brought up as if they are at all relevant. They aren't. - What works in commodity/equities markets, doesn't necessarily work in forex - What works in a secular bull market doesn't necessarily work in sentiment driven market - What worked in the small 1980's trading community...

It is so true what you just wrote in here but yet again it is another post telling people how not to trade, I have never ever looked at any url ,outside post put in any of these threads. and I still laugh everyday when I think of one of the FF gurus telling me that the way I trade currency is meant to be traded with stocks and I will not succeed, WRONG , be good and trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #218
  • Jul 1, 2013 10:17am Jul 1, 2013 10:17am
well I can tell you about today,,, uk open trade was good and us open trades was HARD WORK I am out of any trades now . oil was oil and managed a few pips be good. No MA crosses today ( or for me) on e/j
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #219
  • Jul 1, 2013 10:32am Jul 1, 2013 10:32am
Quoting billytt
{quote} It is so true what you just wrote in here but yet again it is another post telling people how not to trade, I have never ever looked at any url ,outside post put in any of these threads. and I still laugh everyday when I think of one of the FF gurus telling me that the way I trade currency is meant to be traded with stocks and I will not succeed, WRONG , be good and trade well

I used to trade stocks profitably off D1 ( believe it or not ), using 9sma and 21ema, 50sma and 200sma from vague memory, stocks trade slower and are fine on the D1 part, Forex changes it's direction on every news release making H4 or above totally worthless IMHO.

But GU's been skipping of my 180sma M5 H/L Range all day, with just 1 mad dash below.

And I'm sure, someone that tells you MA's don't work, will try to sell you on Candle stick patterns, and RSI's and Divergence and Idiot Wave and will likely be losing anyway, people are great.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #220
  • Jul 1, 2013 10:55am Jul 1, 2013 10:55am
Quoting Turveyd
{quote} I used to trade stocks profitably off D1 ( believe it or not ), using 9sma and 21ema, 50sma and 200sma from vague memory, stocks trade slower and are fine on the D1 part, Forex changes it's direction on every news release making H4 or above totally worthless IMHO. But GU's been skipping of my 180sma M5 H/L Range all day, with just 1 mad dash below. And I'm sure, someone that tells you MA's don't work, will try to sell you on Candle stick patterns, and RSI's and Divergence and Idiot Wave and will likely be losing anyway, people are great....

I totally agree, be good I must go, catch you later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
0 traders viewing now