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11 Posts Total by "flast":
8 Posts by member
Flast
(Hamburg, Germany)
3 Posts by Anonymous "flast":
 
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Flast
Germany
Posted Anonymously
12 years ago
Apr 7, 2012 3:01
In Thread: USD
Thanks Daveo

My problem is not how to use them , my problem is when they are close to each other and there is a signal related to the price action and the price close from the moving averages ? should i ignore them when the market is not trending ?

second , i cant know when they are really broken some times the price stays above the moving average with 3 candle and then the price come back and close under the moving again .

this is my example , how the eurusd ignored the moving averages and crossed them very easy , i could enter short from 1.3270 but i didnt because of the price was close from them .

[urlhttp://www.m5zn.com] [imghttp://www.m5zn.com/uploads3/2012/4/6/photo/0406121804258c5ypj7oranfceah9ns55py.png[/img][/url]
Flast
Hamburg, Germany
Posts: 8
12 years ago
Apr 5, 2012 20:53
In Thread: USD
I trade forex and i make pips consistently since 18 month , i use price action system , but i added to them the Moving averages , 21 EMA , 50 , 100 , 200 sma , but some times these Moving averages blocks me to take some successful trades depending on the price action , i have 2 problems with the Moving averages :

1- I dont know when the moving average is already broken , allot of times the price break the moving average go higher for several day and then come back under it again .

2 - what if there is good elements on the price action but the price is close to the moving averages should i take this trade or not

another question is , should i care for the moving averages if the price is on side way or not trending or not ? i use them always as dynamic support and resistance and target the price could approach them if they are away from the price .

and here is an example about what i mean , the eurusd reached the down trend line , the price couldnt break above the 1.3350 and i could enter short when the price broke the 1.3270 but i didnt because the price was so close to the 21 and the 50 moving average , and this happend with me allot these days because most of the currencies now are not in a clear trend .

i hope to get answer from you helps me thanks allot

I couldnt add the chart on the comment here , but for the eurusd for example i could enter short from the 1.3270 but i didnt because the 21 and 50 Moving averages was so close to the price

Flast
Hamburg, Germany
Posts: 8
13 years ago
Mar 17, 2011 15:53
In Thread: JPY
Salam alikom mr Ashraf

Why always when crisis happens in japan the value of the Japanese Yen increase ? why the investors get confident to buy Yen while they know that these crisis could destroy the hall Japanese economic ?

thanks allot
Flast
Hamburg, Germany
Posts: 8
13 years ago
Dec 17, 2010 17:26
In Thread: EUR
Mr Ashraf i have question

Does the support and the Resistance zone could expire , for example this resistance now on the EURGBP @ 85.00 its monthly Resistance , do you think its expired?
Flast
Hamburg, Germany
Posts: 8
13 years ago
Nov 3, 2010 20:17
In Thread: GBP
what do you think abou the GBP?JPY mr ashraf
Flast
Hamburg, Germany
Posts: 8
14 years ago
Oct 1, 2010 20:39
In Thread: GBP
explain more if you dont mind , Break out trading is just 3 ways

1- get in when its broken whatever is the time frame (the problem here that the price could pull back)

2 - wait for back testing "and this what i prefer but i miss allot of opportunities with this method look to the EUR/CAD broke triangle and didnt back test it "

3 - get in when candle close above the broken area "if the broken area is in daily wait until one daily candle close above the broken area"

Which one everyone prefer here and what is the best one Mr Ashraf use?

thanks guys
Flast
Hamburg, Germany
Posts: 8
14 years ago
Oct 1, 2010 15:07
In Thread: GBP
Salam alikom Mr Ashraf

Im an advanced technical trader , but i want to know something its really confusing me about BREAK OUTS , my ques is :

1- should i wait until the broken area back tested and then i get in , or i get in when one day candle close above it?

2 - if the level is broken on daily can i get in on the lower time frames when its back tested on the lower time frames ?

please mr ashraf i need your answer if you can

gazak allah khayran
Flast
Hamburg, Germany
Posts: 8
14 years ago
Sep 21, 2010 19:10
In Thread: GBP
What do you think mr Aschraf about the GBP/CHF do you think will retrace from this area after the FOMC long$$?

i see the chart now on the bottom of the channel and making kind of Higher highs , what do you think?
Flast
Hamburg, Germany
Posts: 8
14 years ago
Sep 6, 2010 23:22
In Thread: EUR
where you u see the Eur/Chf is going mr Ashraf?

i see big pin bar on the 3000 level on the weekly what do you think ?
Flast
El Salvador
Posted Anonymously
14 years ago
Aug 17, 2010 19:05
In Thread: GBP Getting Best of Down Under
Sorry Mr ashraf for bothering you maybe you didnt see my ques in yoru tweets , Can you please tell me what kind of charts do you use? I need something honest where the candles are truth , and find the other Cfds and stock charts , can you please tell me what is the one do you use

Thanks allot Mr ashraf
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