Forum
Posts by "flast"
11 Posts Total by "flast":
3
Posts by Anonymous "flast":
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]
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
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
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?
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
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
i see the chart now on the bottom of the channel and making kind of Higher highs , what do you think?
i see big pin bar on the 3000 level on the weekly what do you think ?
Thanks allot Mr ashraf