just watched topgear and it was good so i'm good, sadly back to work I tried Oil, all slow and boring, then next tick it's moved 5bil pips, and your 20 SL is actually 5bil and your account is GONE awesome. No set exit, I generally take the first ...

Do you believe moving average systems work?

Then, when do you start trading after it's started Trending again I presume, which means you have to miss the start of that then no guarantee it won't start again. 9 year olds have a way of keeping it simple, to me it's about keeping it simple, ...

Do you believe moving average systems work?

If you slide the Open and Close time around then the candles will look different, there practically randomly formed, you need to look at multiple candles to spot supply / demand why I prefer Lower TF's, even then no guarantee direction will reverse, ...

Do you believe moving average systems work?

MA's or whatever should always be a tool, using a MA to see longer trend to me is better than randomly guessing, or atleast highlight when I'm counter trend so don't be greedy, using a MA with an envelope gives me a good stab at the markets ...

Do you believe moving average systems work?

Sadly I spent years, trying to solve the issue of when to take the trade and when it'll move 6pips then reverse on you, end of the day you can't predict the future, you just can't tell Only 3 things work :- 1. Longer term trend, for me that's ...

Do you believe moving average systems work?

Got to work it out myself, part of the fun, as said hobby trader and leaching someone elses method, won't get you far really. Method is doing, nearly as expected, zero stress and returns % wise are more than good enough, so give it a few weeks and ...

Do you believe moving average systems work?

Cross overs are to damn slow, you'll just get chopped to death, not worth your time at all, I've went down to 10sma on a 5second chart and still chopped to death. So agree with Kanzler on that 1!

Do you believe moving average systems work?

I'm a when I have the time hobby trader, who would like to 1 day soon, start making a living off this, maybe this time ? maybe not ?

Do you believe moving average systems work?

I get flack of all, cause I tell the truth and don't lie and keep the dream of it's easy and everyone is making $$$'s off trading, can't see the point in lying to a bunch of strangers over the internet myself. Totally revamped how I trade recently, ...

Do you believe moving average systems work?

I've been BE trader for years, still the same money in the account ( I moved it when I went to a Mini ). It's actually not the MA's fault though, i've had streaks of 10 - 15 profits in a row from MA's, then I don't like to lose, pull the SL, average ...

Do you believe moving average systems work?

They definately work, but the use of them is some what tricky, I trade off a High and Low SMA's, gives a range to work off rather than a single exact number. 100sma and 900sma M1, ( well with M5 so 20 and 180 ) are my prefered MA's at the moment.

Do you believe moving average systems work?

Don't try for perfection, the only 1's which get that are very likely lying to you. ( Except GDR, he's just GOOD )

Do you believe moving average systems work?

I'm just hoping you have a eureka moment and solve the issue of hold for more or take the profit If that was M5 chart I was trading, I'd of bailed right by the D in " Deep Retracement" then Long by the R in it. Maybe the next retracement, then ...

Do you believe moving average systems work?

When you see someone, who holds 100pips up, holds 60pips back down, then holds and gets the perfect top 100pips back up, there lying so don't try to copy / be as good as them. I get the first top ( Well pause ), or aim to, sometimes I'm short ...

Do you believe moving average systems work?

It all looks easy and obvious after the event, but live sadly we have to accept there is no perfect solution, even the best of us are just guessing, yes I can pick a short term top, but I have NO idea at all, if it'll pull back 10pips or 200pips ...

Do you believe moving average systems work?

Not so bad I guess, trading again recently a M5 MA mainly based system and nice results so far, 7wins 0 losers this week, made 3 SL hits really!! You ??

Do you believe moving average systems work?

It's tricky on higher time frames, you'll likely find those pauses on the chart where at night or ahead of big news, you can't see support form from multiple candles ( for want of a better term ) like on M1 / M5. Candle stick patterns due to the ...

Do you believe moving average systems work?

Yeah it's tricky, I was looking at Shorting the middle, exits are harder than entriss for sure. Even if you trailed a SL over there highs you wouldn't get much better, than up move was to fast. Sometimes you've just got to be happy with what you've ...

Do you believe moving average systems work?

You don't exit you run a SL under the faster MA and as it gets more into profit, drop that back to the slower MA and hope the trend keeps going. If it finds some support, ie trades for a period of time in a range then it's likely being bought and ...

Do you believe moving average systems work?

But at 100K, work for a year or 2 then retire never have to do anything ever again with enough money for fun for many years. Nexus 7 3G here, more sensible screen size

Who will employ traders like us?