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How would you use the 200 day moving average?

Hi Sekiyo, So for someone / some group / or trading floor would have to know MY strategy fully to front run me But why? there must be thousand's of strategy's on hundreds of pairs ( i trade fx) so you have all the other tradable commodities . on hundreds of time frames. Interesting points...

Front running, what's that all about?

I'm not a scalper as my trades last in duration from about 1min to 20 min each open to close. No trades this morning very quite until about 10.30 uk.

SunTrader, are you always flat at the close, or do you have to manage the trade into the next day?

the reason I asked how many trades a day you trade average ,is today i traded from first trade 8.50 am uk time last trade 15.30pm 4 trades in total so just getting a feel how many trade's we trade a day. (just out of interest)

Still cant find them, but see you have replied thanks.

digging out the headphones, haven't used them since before the war.

Hi MACD, of topic a little but as we both trade Fibs (though slightly different) probably doesn't matter. But out of interest can i ask how many trades you make on average during a normal (what's normal) trading day.? And are you flat at the end of the day.

Ok, some want to share ,some don't. Not a big deal.

Continuing on from my previous post, just one point i would mention is why would a trader who has spent unlimited amount of time and money he hasn't earned whilst learning his craft, to then post all his findings on an open forum for all to see?

In my honest opinion i really don't know what hurt or help it would do.

SunTrader thank you so much for sharing, I have never studied Elliott Wave patterns so unsure on that front, but i see what you are endeavoring to do, i trade counter trend so i watch the waves being played out then if a setup suits the strategy criteria then i take the trade. Because as we...

As you know trading is a isolated profession, and buddy's are hard to find,, Do you really think its best if i share my strategy/edge?

Imo, Charts are not random in normal trading conditions, But when you introduce major or outside geopolitical news then for a period the charts become momentarily random and unreadable, but after, then revert back to normal tradeable conditions. There is a reason for the waves in the markets...

Hi MACD, So the standard is individual what works best profitable wise for each of us, Ok thanks. You are right about sharing strategy's as many traders have spent months / years forward / back testing there strategy's /edge to achieve profitability many of there strategy's wont be found in...

Hi, So are you saying there is only one way to (How and where to apply) Fibonacci levels? If there is a standard (How and Where) please give me your thoughts. Thanks.

To the contrary Mickey, nothing mystical just the chart no rsi's, ma's, sma's ,or the rest of the lagging indicators. Just one set of fib levels, one fx pair, one time frame and Pattern recognition. And of course a monkey next to you trading Crypto.

Thanks MACD, SunTrader you say (there is certainly a right and a wrong way to use fibs/patterns/etc) i am not sure about that, there are so many configurations with applying Fibs where do you start. Time Frames, 5min, 1hour so many to choose then do you trade Time bars or Tick Charts what...

I believe there is no right or wrong way of trading using Fibonacci levels, they are just levels not the holy grail of magic lines. I may believe MACD and other Fibonacci traders use the wrong levels, the incorrect high or lows and they may think my levels are also wrong, but does it matter, as...