so you use it for direction rather than trigger which is helpful but can we make it even simpler and use them to trigger our trades

Do you believe moving average systems work?

SP500 back to support area, will be watching reaction to this level after was breached yesterday , might be an opportunity for a good trade here

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clearly not many people are willing to show their hands! anyway have a look at this equity curve and tell me what you think, this is a simple MA system

Do you believe moving average systems work?

you are absolutely right however I am aiming to tackle the first problem out of the three I listed earlier which is entries so some views on that chart would be very helpful , now if you had to make a choice on that chart only what would that be ? I ...

Do you believe moving average systems work?

Thank you for bringing up this point about multiple timeframes , its indeed very effective way of looking at charts and I see others who built strategies based on this , whether it works in the long run I am not sure

Do you believe moving average systems work?

GBPJPY long 150.80 based on these charts, 80 pip stop

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appreciate your view, Bollinger bands is an interesting addition any other views?

Do you believe moving average systems work?

interesting views thanks guys but what would you do with the chart I posted above , would be interesting to know

Do you believe moving average systems work?

Looking at EU, I see this an opportunity to build a long position, if we get a follow through I will add to my long position the support level I mentioned yesterday has a lot of historical value this is a bigger picture view on weekly chart I know ...

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now lets look at this chart with 50 SMA, we dont really know what currency and what date and we're going to make a decision based on what we see only you have four options here 1- Wait for a retracement and then go long 2- Jumb on now and go long 3- ...

Do you believe moving average systems work?

A lot of people talk about price action and refer to MA as indicator but if you think about it , an MA is a true reflection of price action although it is delayed it might actually work better than watching live price action because it means less ...

Do you believe moving average systems work?

if you look at the EU chart for example with an MA plotted on it you can see massive trends that lasted months and yrs , this makes us think we could easily ride the trend using simple MA strategy and make 1000+pips, in practical terms it wont ...

Do you believe moving average systems work?

The good thing about moving averages as pureprice kindly mentioned is direction which is an essential part of any strategy therefore moving average is a good base for any trading system however there are problems such as 1- delayed entries which we ...

Do you believe moving average systems work?

I know a lot of people try to overcome this problem by tweaking their moving averages ie using 10 instead of 20 or whatever and end up curve fitting which leads to system failure in forward testing ,but do you think there is other way to utilise a ...

Do you believe moving average systems work?

I agree, direction is a very good point but do you think we could use them as the only tool to trigger our trade and be profitable ?

Do you believe moving average systems work?

SP500 eventually breached support , could be signalling of a change in trend , summer time usually leads a choppy corrective market however will see what happens in next few days. Took a hit on indices today but my GBP and EUR longs compensated for ...

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you see people trying different moving averages with different strategies but you rarely see one that survives a choppy market, what makes you think they work?

Do you believe moving average systems work?

SP500: Double bottom on 5m happening right on daily double support

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Long SP500 based on above chart at 1602

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