Agreed.... I actually put the short trade on last night (with altered parameters), but was restless going to sleep with it on, so got up and pulled it. AUDUSD is going back up to test M-top imo.

AUD/USD

Ok.... Noticed that the AUDUSD one was counter trend, which isn't how I would have thought an MA crossover system would be used....but that is perhaps just an assumption. Here is a current trade idea using ur system in AUDUSD on the 60min chart, in ...

AUD/USD

Yeah, just tried back testing it, whilst completely ignoring everything else....with not so great results, obviously.....with that said, even with the scant amount of effort I put into it, it could be tailored to give at least a 1:1, most of the ...

AUD/USD

OK so HTF 20ema gives the directional bias MTF 20 Ema is the signal line LTF 20 Ema ignites the signal line i.e. price has broken out from consolidation, in confirmation with HTF 20EMA direction, LTF 20 EMA pulls back across the MTF 20 Ema, against ...

AUD/USD

Ok, so in the direction of the higher time frame trend, you are looking for pullbacks where the 20ema crosses the 80ema in a counter trend move, and then when it crosses back over it, back in the direction of the prevaling trend, that is when you ...

AUD/USD

Nice trade. Did you hit on the break of that TL? Did you place your stop just above the 'flag' formation? If both of the above are true, which would make for a very textbook style of trade (aka, usually won't work), do you have other filters at work ...

AUD/USD

Here: url The above shows what I am using, and explains my thinking. I don't use TLs, but use S&D zones. I use Heiken Ashi candles to define these zones. The pink-purple boxes are Weekly S&D zones. You can see that price has come right down into ...

AUD/USD

Well, where that ever so slightly sloped TL is, I would draw a zone. ~71285 - 71256. Price has reacted off that level 4 times so far in the past few hours trading session. It is a significant level. HOWEVER, because of the higher time frame picture ...

AUD/USD

Yeah, the big purple line at 0.71260 is ur bull W. It is where my re-entry is sitting unfilled by Pepperstone, which didn't quite do what Oanda done, with my SL way way down in it's original position, well beneath this afternoon's pivot low. I ...

AUD/USD

Ok, so just a cross of the 20 and 80 ema.... ....do you use any other filters? such as using the MAs as dynamic S/R levels, or looking at the direction that the higher timeframe MAs are moving in (in this case, horizontally)? Fwiw, the big M shape ...

AUD/USD

Whats your setup? A rejection of the Daily 21ema? An M Rejection of the 240m 100ema?

EURUSD

Yeah, 71500 is the S&D zone I will be hopping off at, and then we will see. Sure, the bigger picture is bearish, but I wouldn't be putting too much faith in textbook reversal structure like that big fat M on the 4hr, given the strong bounce we have ...

EURUSD

I told people at the very start of this, that this was all about forced vaccinations and using them to justify a digital ID system. I got ridiculed for that to begin with, but time has proven that as a 'good call'. So I shall continue to trust my ...

EURUSD

Ok, I see: -price having rinsed a bunch of logical pivots chasing bounce momentum. -a 'suckers' M top against a previous Daily S&D zone (behind which every retail AUDUSD trader and his dog will have their SL. - a Daily timeframe S3 hit, laminating ...

EURUSD

Which way would that be and why? I am currently eyeing up a range revesal in the AUDUSD.....don't have my signla yet (15minute chart), but am watching closely.

EURUSD

What is going down wrt to Covid19 and all the preposterously disproportionate yet very dangerous precedents that are being set, is so patently obvious, that it stuns me that so many can't see it. I would have thought that traders especially, who are ...

EURUSD

Agreed. Far too much noise in here, and far too many who quite simply have no idea what they are doing, who have no handle on how the markets move, which of course doesn't prevent them from pontificating on the markets as though they were George ...

My way of seeing the market

Both suck. If you can find a broker that uses CTrader, then that is a big step up.

Omkar's Trading Journal

I provided a more comprehensive reply, which didn't make it past the moderation stage, perhaps because I included a commercial link to a black box system that fades over extended trends.... ....but as a rule, what you are doing is nuts and it is ...

Omkar's Trading Journal

This is simply not true. When it comes to drawing arbitrary lines on a price chart, probably giving yourself 2:1 or 3:1 rr, it isn't merely a coinflip, or a binary choice. It is more like a Dice Roll, where you are betting on a 6, and nothing other ...

Omkar's Trading Journal