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

Okay I'll try 7 period

$1000 into $1mil (100,000% per year), stop making trading complicated

It is included in the basic Mt4 indicators in the Navigator tab, I'm actually going to search the web for information about it though I'm sure it would be part of the Tom DeMark range of indicators but at least it is offered freely on every Mt4 ...

$1000 into $1mil (100,000% per year), stop making trading complicated

Stopped out at -10 Guess my entry wasn't too sharp and the market changed it's mind and 30 is just super for the day.

$1000 into $1mil (100,000% per year), stop making trading complicated

Great day for the pips. EURJPY +30 pips BHD Another one setting up, hope someone catches it In fact I'm in.

$1000 into $1mil (100,000% per year), stop making trading complicated