SO FAR SO GOOD We have covered the possible bounces and then we have talked about crosses and at this point we can call it an open and closed thread if we just summarize all but the crosses continue. Note that with all we've talked about and some ...

Crosses, bounces and curve fitted indicators

TOO MUCH FUN I've been having too much fun writing all thee that I did not concentrate to take my set-ups but the beauty of the markets is there will always be more opportunities to buy or sell or sell and buy. The resistance and range would have ...

Crosses, bounces and curve fitted indicators

CROSSES The major crosses talked about in trading are MA crosses, price crossing MA's (and closing above or below) and Oscillator crosses. My sweet spots are where price crosses the 1/3MA and where price bounces off the 1/3MA in my Time frame of ...

Crosses, bounces and curve fitted indicators

FAST FORWARD By now we've covered all the bounces (are there pivot point bounces? I've not checked that out but I'm content with these few). We will talk about Curve fitting because i introduced the BB but didn't say which settings i chose then ...

Crosses, bounces and curve fitted indicators

MORE BOUNCES One other tool for measuring the trend are PRICE CHANNELS and ENVELOPES/BANDS. I've come to love the BOLLINGER BANDS and the added advantage of using BB is apart from the Simple Moving Average (SMA) the envelopes contracting give an ...

Crosses, bounces and curve fitted indicators

MORE ON AVERAGE RANGES Price moves in cycles, upwards, downwards and sideways as dictated by the forces of demand and supply and within these cycles you find ranges between -Hours, 4 Hours, Days, Week, Mid week and monthly. Within these highs and ...

Crosses, bounces and curve fitted indicators

MORE BOUNCES AVERAGE DAILY, WEEKLY AND MID WEEKLY RANGE BOUNCES Quite frequently price rotates in ranges (a bit) like it's doing now in the EURUSD pair. The range is just the difference between the High and low of the period. More on this.

Crosses, bounces and curve fitted indicators

Thanks for the insight, I'd chew on it a while.

Crosses, bounces and curve fitted indicators

PRICE LEVELS BOUNCES Price bounces off certain levels that we refer to as ROUND NUMBERS and MID FIGURES or Round Numbers and Big Round Numbers. (Whatever suits you) The most recent BIG ROUND NUMBER (BRN) for the EURUSD pair is 1.31000 and the ...

Crosses, bounces and curve fitted indicators

BOUNCES AND LEVELS These levels create what we call SUPPORT AND RESISTANCE (S&R) Where price has been rising and rising and finds exhaustion, it meets resistance, on the other hand when price falls and falls and bases it finds support. There are ...

Crosses, bounces and curve fitted indicators

BOUNCE BOUNCE BOUNCE Looking through price charts all you'd see is a story of bounce, bounce, bounce, price is always bouncing off some level or the other like a ping pong game or some computer game. As a speculator your job is to note those levels ...

Crosses, bounces and curve fitted indicators

"WHAT IS THIS GUY REALLY SAYING?" Just hang on in there, I'm trying to lay a foundation so we can have confidence in this approach. we've only just looked at moving averages, we'd talk more about the trend and the other tool of choice for following ...

Crosses, bounces and curve fitted indicators

[QUOTE=Intrepidpips;6346211]Howdy Ralome My sincere apologies, the excel sheet made a better showing of the message I tried to pass across. Time Frame Basic MA Long Term S&R 3Day MA H1 24 200 72 The mumbo jumbo again. Time Frame HI Basic MA 24MA ...

Crosses, bounces and curve fitted indicators

Howdy Ralome My sincere apologies, the excel sheet made a better showing of the message I tried to pass across. Time Frame Basic MA Long Term S&R 3Day MA H1 24 200 72 200 MA means 200 period moving average, and it is calculated by taking the price ...

Crosses, bounces and curve fitted indicators

THE BEAUTY OF CURVE FITTED MA'S Moving averages have a basic draw back -they are lagging like all indicators they only report what price has done not tell you what price will do, your job is to speculate what price will do next after seeing what it ...

Crosses, bounces and curve fitted indicators

And some more

Crosses, bounces and curve fitted indicators

IT'S ABOUT THAT TIME In my newbie days I'd have been screaming at this guy "show me some visuals" Here goes

Crosses, bounces and curve fitted indicators

Sorry about the mumbo jumbo just download the excel sheet and print, ny typing was perfect but web publishing is another kettle of fish

Crosses, bounces and curve fitted indicators

For those who cannot download the excel file I'd repeat the info here. INTRADAY Basic MA Long Term S&R 3 Day MA 1/8 MA 1/4 MA 1/3 MA Time Frame (Basic x 3) (Basic/8) (Basic/4) (Basic/3) H1 24 200 72 3 6 8 M30 48 400 144 6 12 16 M15 96 800 288 12 24 ...

Crosses, bounces and curve fitted indicators

CURVE FITTING THE MA After reading that piece by crucial point, I was like "why didn't someone tell me that was the right approach?" So I did the maths ad came up with these figures. The results are in the attached Excel sheet

Crosses, bounces and curve fitted indicators