SMA Patterns
- Thread starter ocean5
- Start date
Quote from ocean5:
you are cuckoo,did you know that?
Hence the username
Quote from FreakofNature:
I find that if I load 9,14,18,20,30,40,50,80,100,150,200 price tends to react in one of them almost always, so good stuff.
I actually do the same thing, but with 10x Fib numbers: 20, 30, 50, 80, 130 & 210 sma's that serve as dynamic support / resistance.
They also like to bunch up into a tight little cord, right before a tail comes along.
the combination of several differnet moving averages will get you into first pullback of new trends with reliable enough accuracy to make a living trading.
can you please elaborate or is a 10000 $ course required?
Quote from Bob111:
make sure that they are in rainbow colors on your chart. it's gonna be pretty faggoty looking system
Absolutely pleasant shades of pink !
Quote from Bob111:
make sure that they are in rainbow colors on your chart. it's gonna be pretty faggoty looking system
I do mine in shades of blue. It looks like a crashing wave, with the shortest SMA almost white.
It is a subliminal reminder that The Market can be easily understood if you become a surf board.
For anyone out there (unlike yourself) whose bitterness has not yet closed off their mind, here is what he was talking about.......
Price crosses the entire bundle of MA's, attempts to retrace and cannot penetrate, then is deflected.
This happens practically every time a major trend reverses.