But another double top did a good job
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Adr, psych levels, demand & supply trading 14 replies
Standard Pivots and Fibonnaci Pivots? 9 replies
EUR/USD 5min - Trendlines and Pivots 379 replies
Important psych levels 1 reply
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
Dislikedev, i notice you've switched over to the lazier sma50 and are giving rest to your old friends ema's 13, 34. how come?Ignored
Disliked{quote} Just kept seeing referrals to the 50sma as being a very good trend indicator. Plus, on investigation, it was uncanny how many times price would come to the 50sma and stop and reverse. The general consensus seems to be that if you have the 50sma on your chart, you'll always be certain of the trend. Apparently, the BIG dealers in this game use the 50sma as a decision maker, so I thought "that's good enough for me", and I've used it ever since. And it hasn't disappointed me.Ignored
Disliked{quote} Just kept seeing referrals to the 50sma as being a very good trend indicator. Plus, on investigation, it was uncanny how many times price would come to the 50sma and stop and reverse. The general consensus seems to be that if you have the 50sma on your chart, you'll always be certain of the trend. Apparently, the BIG dealers in this game use the 50sma as a decision maker, so I thought "that's good enough for me", and I've used it ever since. And it hasn't disappointed me.Ignored
Disliked{quote} True. I hear, they also use ema20 and ema/sma200 along with sma50Ignored
Disliked{quote} True. I hear, they also use ema20 and ema/sma200 along with sma50Ignored
Disliked{quote} Have a look at some of Mr. Bigalow's videos, pqd. Especially this one: https://www.youtube.com/watch?v=DAv4...tXMj-_LsH309yg He confirms what you just mentioned.Ignored
Disliked{quote} Dont want to be rude, but no EMA was used by fund managers, as far as I know. It is SMA, but numbers is rightIgnored
Disliked{quote} Mr. Bigalow uses the 8ema, and calls it the T-Line or Trigger Line.Ignored
DislikedG'day guys!!! Nice trading and very nice entry's Looks like everyone jumped on the EUR/USD.Good stuff. I got my 20 pips and I'm done for the night. Happy pippin. cheers Coastie
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Disliked{quote} Have a look at some of Mr. Bigalow's videos, pqd. Especially this one: https://www.youtube.com/watch?v=DAv4...tXMj-_LsH309yg He confirms what you just mentioned.Ignored
Disliked{quote} Mr. Bigalow uses the 8ema, and calls it the T-Line or Trigger Line.Ignored
Disliked15m..... GU A bearish flag pattern across the Main Pivot line, followed by a substantial drop. Entry and exit as shown.{image}
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Disliked{quote} ev, I often use the same approach but with lwma8. the d1 context i refer to, at times, comes from there. the potential touch point of price to lwma8 on d1 is marked as a horizontal line on lower tf's. then, on m5 or m15, look for entries in the direction of the lwma8 slope on d1 when price gets near that horizontal line.Ignored