More thoughts and the MACD — Added a MACD as an additional filter. In general when MACD is below zero one considers shorts and when above zero consider longs. Also careful analysis can be given to MACD spikes above the zero line in a downtrend ...

Simple 7 Strategy

Here is a possible tweak to make the system work better. The red MA is a 200 ema, blue 50 ema and white 7 ema. The 200 ema is trnding down so one would only take shorts when the 7 ema crosses the 50 ema to the downside. Exit when price comes back to ...

Simple 7 Strategy

Filters — Agreed. Using only the crossover as a signal is destined for failure. Using it as the initial setup followed by another signal such as bounce from a s/r line or supply/demand area. Take a look at a chart with these 2MAs and a 200 ...

Simple 7 Strategy

Backtest. — OK I made a EU chart with the 7/50 emas and looked at 15M time period. Certainly there are some moves that are impressive and pips add up but the whipsaws quickly eat into the profits. The 7 ema often erratically moves back and ...

Simple 7 Strategy

Read the whole thread — I did read it all. My view is unchanged. MA crossovers look sexy but fail to take into account the basics of price action. Long above and short below is too simplistic. I have used MA crossovers in conjunction with MACD ...

Simple 7 Strategy

MA crossovers — MA crossovers of this simplicity are unlikely to be profitable over the long term. Has anyone back tested this. If you do you are likely to be unpleasantly surprised. Can you say "whipsaw".

Simple 7 Strategy

Nice analysis — Nice analysis Tyoon but I have a question. I can see and clearly understand the analysis. But I'm looking at how one makes money on the moves in a 1M situation. Would be interesting to not only see analysis but where one would ...

Price is Everything Chat Room

USDCAD analysis 30M — Now will move down to 1M on recent PA.

Price is Everything Chat Room

Higher time frame trading — Thanks Rufus. I am studying higher time frames 4H and Daily. Watching the PA traders in this thread is inspiring and I will continue to study their methods and perhaps reach their level at some point in the future. ...

Price is Everything Chat Room

AU — A little depressed about my performance but hanging in there. A little epiphany, wonder if other's feel same. This zoomed out 1M chart is meant to illustrate the distance or time between some levels. I believe Sam Seiden teaches time away ...

Price is Everything Chat Room

Trading solely off 4 hour charts — Studying 4H charts. Interesting to notice that if you look at where price turned on a 4H chart then trace it to the left you can almost always determine the area of supply or demand resulting in the reversal. ...

My E-Book about supply/demand trading - have fun

AU and EU — I know what you mean. At this stage of my education I can barely keep up with these 2 pairs and I really often only stick to one.

Price is Everything Chat Room

AU5M — Making too many mistakes so I'm on demo for a while. Changing to FXCM form FXsol because of 5 decimals. Can see price action better on 1 and 5M charts. Anyway took a long here. AU news coming up so probably will close before. Please rip ...

Price is everything

Goals. — Goals are necessary in trading but I'm wary of setting PIP goals as this could lead to one taking unnecessarily risky trades just to reach a PIP goal. I think goals should be in relation to sticking to one's rules about when, why and ...

Price is Everything Chat Room

GU 15m — Lower time frames help clarify the level.

Price is everything

Nice — I saw that but I'm still not confident about those more subtle zones. PA sure spoke clearly though. Nice trade. I hope it will still come down to that more obvious zone.

Price is everything

EU — Zone below looks good for long. Wait for PA as always.

Price is everything

EU — My daily chart

Price is everything

audusd — My zones. Gotta a mac and still tweaking with picture settings.

Price is everything