Trading is as simple as ABCD
...{quote} Hi If you mean the TMAs then yes it repaints constantly , but I prefer to think of it as updating itself with the most recent data as repainting suggests its unreliable. So if you're asking me are they reliable signals if its repainting??? I can only say to that I have been trading these TMAs for quite a while now and find them pretty good as long as you're trading in direction of the channel eg if its an upward channel buy the lower band touches if a downward sloping channel look to sell the upper band touches.
{quote}{quote} Hi Pipglutton Nice trade 37.4 pips profit I see so can't be bad... Heres my HRLY fastTMALine setup not that its perfect but seems ok just remember these are zones to trade from rather than pinpoint entries mind you pretty good if you're buying a upsloping one or selling a downsloping one.. {image} Same as ever use price action to confirm entry and pending orders too...make sure price is moving your way to enter..
Bad news for the GBP today but you wouldn't think so to look at this GBPAUD chart up 300 pips and how many of those 300 pips have I got??? Big fat zero..... {image} How does that work then????
Fonterra's Globaldairytrade price index falls 10.7% and whole milk powder price index falls 13.1% in GDT auction
Bad news for the GBP today but you wouldn't think so to look at this GBPAUD chart up 300 pips and how many of those 300 pips have I got??? Big fat zero..... {image} How does that work then????
Bad news for the GBP today but you wouldn't think so to look at this GBPAUD chart up 300 pips and how many of those 300 pips have I got??? Big fat zero..... {image} How does that work then????
{quote} I already suspected there will have a big movement for both GA & GN after NYO because they have unusual low daily range before NYO, I didn't catch the bottom channel of M15 TMA where the price move to whole level BRN because I was outside! The reason for this big uptrend is because of this piece of news {quote}
, I wandered why it just keeps soaring ever upwards??? {quote} Thanks for that explanation of why GBPNZD is flying
{quote} Analysis paralysis perhaps?
{quote} Yep you got it???? I remember the days when I'd look at the TTindy and whatever was going up I'd wait for a break and retest entry and buy it or if it was going down I'd do exactly the same but sell it obviously. Dead simple, price going up buy it, price going down sell it.. Nowadays I don't know my elbow from my arse...look at a chart and don't know where to start...
{quote} KISC Keep It Simple Clive! Everyone has great intentions and are always looking to tweak, improve and get closer to the "Holy Grail". Too many lines now makes it hard on the eyes. Plus you (talking to you directy for a moment) get suckered into trying to grab the reversals when the 5 min crosses the 15 and they both cross the 60 min... but look at GBPCAD and GBPNZD just to name 2. Straight up the page. Buy the dips, buy the break and re-tests etc... how many times did these two pairs look (at the time) overbought outside the bands holy shit...
{quote} Clive I am really enjoying your thread. You guys get goods entries but take all the profit early. Maybe try taking half and bring the rest to BE and let run. {image}
