lets mind the language here my friend , no body is foolish and as I said before it is the way you see things but not necessarily how they work for everybody. Lets add something useful here because it seems we are drifting away from the main purpose.

Do you believe moving average systems work?

Dear Kanzler with all respect to you views I have to strongly disagree with you here when you say buying high and selling low doesn't work in Forex. I have to say the whole retail thing that we keep hearing here and there and the fact that retailers ...

Do you believe moving average systems work?

good you mentioned compounding , it is indeed a very smart way to maximise profits, we'll come to that at some stage in our strategy. I am not sure if many use it as part of their system. In actual fact compounding can turn a losing system to a very ...

Do you believe moving average systems work?

I have been on a holiday hence not posting much , however there has been some progress in our strategy development. I'll write about it when I get the time

Do you believe moving average systems work?

lol

Do you believe moving average systems work?

I appreciate the different views here which brings diversity and creativity but lets keep it friendly too No one is right or wrong again and everyone has his own view based on his experiences

Do you believe moving average systems work?

I really like your way of thinking

Do you believe moving average systems work?

your statement is very true my friend

Do you believe moving average systems work?

RTM you are absolutely right about MM , its the key to this MA system and we need to play this in a smart way to make the system profitable over the long run, that#s why I left it to the end so we can tweak it according to our system profitability ...

Do you believe moving average systems work?

Thanks Ozs , the issue with S&R that it is very subjective and when markets trend it goes through those levels fairly easily at times. We are trying to maximise our profits as this will help us make up for our losses during choppy markets. Having ...

Do you believe moving average systems work?

I have been trading this triangle on GBPJPY, exited long (150) at top of triangle and went short at 151

The 5★ Trading Setups

By the way guys some of you might think I am talking rubbish but just in keep in mind that I am not new to system development , its hard work and takes a lot of time , the things that you see here is part of the process but what you are not seeing ...

Do you believe moving average systems work?

Don't worry my friend , its not about perfection its all about having a consistently profitable system that's all

Do you believe moving average systems work?

am not sure if I got your point here. we are not looking to enter short on top or long on bottom , this is an exit strategy not entry . did I misunderstood you here?

Do you believe moving average systems work?

I agree that analysing is easy after the event however we need to keep in mind that trading systems are based on observations and repetitive patterns. A system wont be considered viable unless it survives various market conditions over a ...

Do you believe moving average systems work?

you are right , the whole idea is to maximise profits but once I put things into context it will all start to make more sense. at the end of the day as you said if we get out with good profits we would have reached our goal. Greed is a major ...

Do you believe moving average systems work?

obviously this is not our only exit rule but its a a significant observation that we need to incorporate into our exit strategy to maximise trade profits

Do you believe moving average systems work?

Now have a look at the daily chart and tell me what you think

Do you believe moving average systems work?

Lets have a closer look at one of these highlighted areas to see what is going on on the daily chart, this way we can see whether it is practically possible to exit at tops and bottoms ?

Do you believe moving average systems work?

So in theory the above observation means we can exit the position at the top/bottom in most cases , have you ever thought that was possible , well according to the above observation it is possible in 13 out of 17 cases !!

Do you believe moving average systems work?