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Thanks for correcting me :) I just wanted to check whether I've got all MAs that forms strong R/S. Yesterday(=Today in US time), EURUSD depreciated... like FON said, I fliped through all time frames to anticipate the next price destination and 30minutes and daily chart agreed that it would be...

so according to the EUR chart, looks like the next R level is at ma13 (1.12004) today...

From my experience, finding a safe place to set a stop loss is always hard. What I hate to see is although ma definitely gives an idea of where S/R, sometimes I still loss cos of the hammer with a long tail or prices attempt to make higher high (low) with less buyers (sellers). Now, with A/D, I...

I also use longer ma 60, 95 and 260 on both small and large time frames. You sound very knowledgeable and experienced stock trader. Thank you for sharing your experience. If I start trading on stock market, I'll surely pay attention to what you have mentioned and will start to participate in...

Monthly chart, ..., I don't look at the monthly chart for FX trading. The daily is the lowest frequency time frame I monitor. But for stock trading e.g. GE, monitoring monthly stock price movement might be important. I don't trade stocks but I may have to practice trading stocks cos I will be...

Although I use ma13 since most of advanced level traders seem to use ma18~20, I will try it from today!

Yep, so I mainly use 1 minute and 1 Hour time frames to wait for daily 123 high and low; and I then monitor 15 and 30 minutes to observe how a trend develops using ma60. Still in 1 minute, I often get into losing position if I don't monitor A/D pattern. I got this idea from my research and my...

ma60 is one of my key moving average levels too :) Is there any reason that you use std dev instead of BB?

How do you establish a trend with moving average? I find that relying solely on moving average to establish a trend is not safe for swings so I also use A/D to find ,for example, dip in uptrend. It gives a reliable signal.

So you only use moving average to determine S/R ? it does not seem any of your moving average can be used to determine the current sentiment. For example, I use something like ma50 to determine the dominating sentiment.

I don't know why...and I can't explain why moving average forms some resistance/support level with a theory (e.g. perhaps anchor theory? - people evaluate prices with moving average level to find out whether a current price is under/overpriced)? Yesterday EURUSD depreciated when it reached...

Oh come on, you keep changing your anticipation. I don't agree but Let's see....prices are touching a strong resistance in 1 h...

"Father And Son" It's not time to hurry Just relax, take it easy You're still young, that's your fault There's so much you have to know Find a grail, understanding the grail, waiting for the grail, trading the grail If you want you can marry to the market Look at Redneck, Handle123...

1997 Asian financial crisis, 2007 Global financial crisis ... I don't know whether this is just a coincidence but until Briexit, I thought there would not be another crisis in another 7th year .... but is this an initial indicator that there might be another crisis in 2017? I feel for the...

I did not pay attention to EUR much but I did anticipate that GBP would depreciate significantly when it reaches/crosses 1.5000 cos this was the dangerous rounding number resistance level. But I did not anticipate GBP to depreciate incredibly so much after GBP poll. Although I am a international...

Oh, Come on , you did not take the poll that seriously (or you did not expect that to happen so there was an anticipation). As a result, you made a "decision to go to bed", so there should not be a regret cos there was a decision.

It's highly unlikely to appreciate to the point where your arrow is pointing. The next appreciation will make a pullback before it depreciates again (before there is an uptrend)

I underestimated the power of news until I saw the incredible price fall in GBP and EUR and price rise in Gold ... learned something

What do you mean by based on the tape ??

Due to time constraints cos of my study and work, I still have a long way to go. But whenever I have spare time, I will carry on the research. I only have been testing patterns that Jack Hersey provided on ET cos it saves my time. I'll probably have to review other old threads too. But at...