Guys just to give you an idea of what sort of outcome to expect with this system I am developing this system based on my personal circumstances. I have a full time very rewarding job that I wouldn't want to give up even if I had all the money of the ...

Do you believe moving average systems work?

based on above the current rules are not final,they still has to go through 2 sets of testing to make sure they are robust and will survive different market conditins

Do you believe moving average systems work?

in system developments there are stages to go through before its final, I am sure most of you know this already 1- observation :this is the foundation of any system , you observe markets, identify a repetitive pattern that could provide you an edge ...

Do you believe moving average systems work?

of course this is one example of hundreds, just look at your charts and you see them happening all the time. There is a reason markets retest these levels. big money would want to exit at the best price because they have large amounts to offload ...

Do you believe moving average systems work?

this exit strategy is applying support and resistance principles. however we are not trading historical S&R , we trade them as they form . ie strong momentum move for days then strong rejection at a particular level, this is a warning signal , if ...

Do you believe moving average systems work?

my friend, did you read my previous posts including post 123, if you did you would realise that the above is based on a true observation because markets more often than not will retest the rejection area sometimes once and sometimes more than once. ...

Do you believe moving average systems work?

here is an example 1- we enter long as price closes above MA 50 and 20 2- this is the first reversal candle after a strong momentum move, this level now is a resistance level ie profit target Day 10 is our earliest exit, Day 14 is our latest 3- ...

Do you believe moving average systems work?

I am finding difficult to post live trades here while focusing on my system development in my other thread which discusses a completely different way of trading. I might update again once I finish that project. Guys feel free to join us in that ...

The 5★ Trading Setups

GUYs I have had enough of these silly arguments , if I see this happening again you will be banned from posting here without a notice. there is a very important update in post 1, please read it

Do you believe moving average systems work?

we have so far identified our entry point and discussed some observations that might help our exit strategy (refer to posts 123, 129) Now I will discuss the other aspects of our exit strategy the easy part is Exit Rule 1: exit current position when ...

Do you believe moving average systems work?

I totally agree with your statement, conventional is so obvious hence it doesn't work . the foundation is there but got to be creative and add your own touch to make it work

Do you believe moving average systems work?

thanks for asking my friend . I am pleased to tell you that the system has only got better , I will post more details later tonight , as just arrived home from holiday

Do you believe moving average systems work?

billytt don't say that , keep the encouragement going and say we will definitely do it and develop a profitable system

Do you believe moving average systems work?

HI pipy, thanks for your offer . I will definitely need your help to test our system once its finalised, not that I cant do it but being the creator of the system I'd rather have someone else check it to eliminate any bias in my testing and results

Do you believe moving average systems work?

billytt, you are right about the serious side of this thread and I like the way you look at things , however a bit of friendly chat and fun is welcomed too

Do you believe moving average systems work?

Thanks for this reminder Pat , you are absolutely right the thread has been drifting away from its main person but don't worry I am back now with some interesting updates

Do you believe moving average systems work?

Hi guys, I am back from holiday now, its so annoying to find out that the weather forecast for the next few days is 100% better that it was over my holiday week ie no rain or wind but never mind we still had a great time . hope you were having good ...

Do you believe moving average systems work?

my friend I can assure you that we've got your point and I am sorry to say that I don't like your attitude and language not only in this post but towards others too, in which case it would appreciated if you could leave us in peace. Thanks

Do you believe moving average systems work?

I haven't stopped at all my friend , in actual fact I have made a lot of progress lately, but as i said before I have been on holiday and not having a lot of time to post the details I will definitely post an update very soon

Do you believe moving average systems work?

language again you don't need to know when the market ranges , you only need to take advantage when the trend is established , its simple

Do you believe moving average systems work?