Position trading calls and ideas

Not a specific call but I'd just like to flag this up. I use this for the 28 important forex pairs:

if the 20EMA is above the 50EMA and both are sloping upwards, I'm long
if the 20EMA is below the 50EMA and both are sloping downwards, I'm short

So I guess you can know what I'm in / getting into.
 
I have tried shorter time EMA cross longer time EMA method, but when they sometimes cross back and forth within a short period, I am at a loss as what to do with it. So I gave up.
 
bbpp said:
I have tried shorter time EMA cross longer time EMA method, but when they sometimes cross back and forth within a short period, I am at a loss as what to do with it. So I gave up.
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I know what you mean. I don't use MA crosses as an entry (or exit signal).
 
EUR/USD is in a long-term downtrend and I'm short. Yesterday's shooting star candlestick gave me hope of more price falls to come. It has made a new weekly low, just one more in a series, the EMA's show no signs of reversing and price is failing to approach the weekly high.

Other EUR charts have also been bearish for so long with the possible exception of EUR/GBP, though that is down to Brexit-induced GBP selling, not any inherent EUR strength.

On fundamentals, the EUR is a consistently poorly managed currency servicing a weak and weakening economy in a politically troubled area. The USD has its issues but nothing like this.
 
tomorton said:
EUR/USD is in a long-term downtrend and I'm short. Yesterday's shooting star candlestick gave me hope of more price falls to come. It has made a new weekly low, just one more in a series, the EMA's show no signs of reversing and price is failing to approach the weekly high.

Other EUR charts have also been bearish for so long with the possible exception of EUR/GBP, though that is down to Brexit-induced GBP selling, not any inherent EUR strength.

On fundamentals, the EUR is a consistently poorly managed currency servicing a weak and weakening economy in a politically troubled area. The USD has its issues but nothing like this.
More...

Thanks.
 
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