Moving Average Crossover Trading

[smallStops]

Future predictable or not ? Very interesting question.

I am still to determine how to choose which MA touch to take.
What I will do is when I feel like trading, I will take the touch.
After may be 100 trades, I will bother with the issue.
As I am really lazying trading wise, the 100 trades might be sporadic.

 

[Aj2014]

Like every other TA/charting method, some days it will kill the market, and some days it will get killed.
Unfortunately it's only when the day has ended when you can see that the market environment that day didn't suit your method.
Good luck

 

[kut2k2]

Future predictable or not ? Very interesting question.

Not. Even with weather satellites, the weather can't be accurately forecast more than a week out. There are no price "satellites".

Financial forecasting is a mug's game. If you can accurately assess what price doing right now, you have a leg up on most of your competition and that is your edge.

 

[Turveyd]

Like every other TA/charting method, some days it will kill the market, and some days it will get killed.
Unfortunately it's only when the day has ended when you can see that the market environment that day didn't suit your method.
Good luck

Not really, if the market isn't behaving to your method over the hour or 2 previously then trade something which is / take a day off.

 

[smallStops]

After so much philosophy, time to trade.
Just now first finding pairs who are going near one 100 moving average.
My problem is which timeframe. ops:

 

[Humpy]

I don't know if you ever watch Bloomberg TV ? But they have incorporated a new feature. It shows a small graph of say Aud/Usd 2 days out. I haven't really done the spade-work to see if their analysts are any good, but they may be.

 

[smallStops]

I don't know if you ever watch Bloomberg TV ? But they have incorporated a new feature. It shows a small graph of say Aud/Usd 2 days out. I haven't really done the spade-work to see if their analysts are any good, but they may be.

Ok I will check this out and have a feel for the quality of the analysis.

 

[marketsurfer]

For those that say the future can not be predicted, feel free to check out trading tracking websites for proof. They have some systems that have a win% higher than 90% for over a year and thousands of trades. So far knock on wood I have not had a losing day this week with real money. I don't understand why these trolls show up to an Elite trading website and post crap about the future can not be predicted. It's plain silly. ........

Awww, it's called surviorship bias. Please stop!

 

[justrading]

Awww, it's called surviorship bias. Please stop!

Of course. Apple, Google and Microsoft are also example of survivorship bias, so in future anyone who thinks of starting a business while in college or drops out to start in the family garage should simply abandon the idea. It can't be done, and there is overwhelming evidence to prove this. More fail than succeed.

You know Surf, the nice thing about being glib is it masks stupidity quite effectively. The unfortunate consequence of that is the glib individual is unable to confront reality and work through issues to the point of success.

Based on your journal(s), you are living proof of what I say.

 

[Humpy]

I don't know if you ever watch Bloomberg TV ? But they have incorporated a new feature. It shows a small graph of say Aud/Usd 2 days out. I haven't really done the spade-work to see if their analysts are any good, but they may be.

OK let's see if they know their onions. Opening Friday's 2 day calls
6388 FTSE 100 - down
8999 Dax - down
4143 CAC - down
17.31 silver - up
1.60551 Gbp/Usd - up
1.2681 Euro/Usd - up
1943 S&P 500 - down

that's probably enough to get on with. So roll on Mon night.