Great observation. the cross nullify the daily bullish signal. It will be down day until the range is achieved. Monday will be back to new trend

EU Intraday System

By the way, if I were trading today, I will try for long after 0700GMT. The longer term SMAs are still in bull mode

EU Intraday System

I wil get everything clear soon. Just bear with me, quite busy with personal matters. On different note, you can see today the 4SMA crossing the 133/222 up and down. Each cross makes about 30pips :0 I try to catch the bigger pips @100pips

EU Intraday System

4SMA is treated as a scout relative to the current price. You can see the price penetrates the SMA but, this 4SMA reverses. It is just a filter. I will get the chart for thursday up soon for analysis. I don't trade on Fridays and especially today is ...

EU Intraday System

I did mention need to watch out this crosses. The 4SMA decided to cross back these lines instead and new reversal trade taken. If the 133 and 222 crossed, I will taken additional lots at pullback.

EU Intraday System

i will put up the rules properly later using today's chart as sample. Today shows a good how the rules play out using the SMAs. Stay tuned

EU Intraday System

Hope you all catched the move. I prefer to take 30pips profit partially and let the rest move to BE. As long the 133 and 222 not crossed, there is a danger for reversal.

EU Intraday System

Curent chart at abt 8GMT. Looks like the price is waiting for the white and yellow line to come closer High possibility of long for today (or rebound from oversold)

EU Intraday System

Once you break the two SMA, your stoploss will be your previous swing low or high. Look at the chart, it did not go below that level until you touch about 100pips.

EU Intraday System

I am using it for quite sometime. It happen to be told by someone who is very experienced trader. Best trades or trend comes in when the 4SMA crosses both the longer term SMA. Then let it run for at least 100pips, it never misses it Just eye ball ...

EU Intraday System

133 flatten out and slightly pointing up. sma 4 crossed 133. lets see if can rally up to sma222

EU Intraday System

SMA 133 and 222 still splitting up. Looks Asian session continues with the downtrend. No long for now Will wait for the lines to come closer. Yesterday's short still in play. 4H already oversold, so, might see pull back during Euro/USA session. ...

EU Intraday System

here is the screenshot for the 5M. Good trades comes in when the 133 and 222 are getting closer. Until then, trades will be erratic.Thats why need to trade during asian or Euro session. Today the 133 and 233 are wide apart in asian session start. ...

EU Intraday System

Good method. Will give it a try for few weeks

Jollyroger: an inside bar auto-trader by SteveHopwood

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ALF revisited - simple, effective daytrading

Hi guy, I am looking at this system for some time now. Major problem is whipsaws taking out the stops. I have been using another method to follow the intraday/session trend to take my trades. In the ALF chart, add EMA 62 and EMA 13. Here are the ...

ALF revisited - simple, effective daytrading