the best moving averages to trade Forex are...

short&naked · Jan 16, 2009

Quote from cabletrader:

You bet! Unfortunately Oanda have spells of price freezes on Eur/Aud....I think they're onto me

Lol. Have they cleaned up their act some sine the Lehman blowup? Why not migrate to a real ECN.. oh no, what, we've had this discussion before.

cabletrader · Jan 16, 2009

Quote from short&naked:

Lol. Have they cleaned up their act some sine the Lehman blowup? Why not migrate to a real ECN.. oh no, what, we've had this discussion before.

haha, I thought it sounded familiar

Nah, the real market plays too rough for me, I'm a trading wus, didn't I just read somewhere about a 2,000 pip spike on Gbp/Chf which the broker says was a legit quote

MandelbrotSet · Jan 16, 2009

Quote from DreamerLikeYou:

Market is random

distribution is not

Very interesting post.

Thank you

DreamerLikeYou · Jan 16, 2009

Quote from MandelbrotSet:

Very interesting post.

Thank you

LOL you thanking me :eek:

my african american friend

yup its me your favorite ET troll

michaelws · Jan 17, 2009

After reading what Cable said about the Eur/Aud, I had to take a look.

I started with the daily chart, and thought kazammy bam this would be fun to swing trade.

I later went down to the 5min, and thought by golly this would be fun to scalp.

Finally, I got to the 15min chart, and wowza this would be cool to momentum trade.

I plotted the 7 & 30 EMA, and RSI.

Use a 7/30 EMA cross for entries, and RSI for exits. It looks good while static, but who knows how it would work live??

I'm trying to learn how to trade long term, but darnit I'm an action junky.

increasenow · Jan 17, 2009

Quote from michaelws:

I'm trying to learn how to trade long term, but darnit I'm an action junky.

so..what does that mean?

cabletrader · Jan 17, 2009

Quote from michaelws:

I started with the daily chart, and thought kazammy bam this would be fun to swing trade.

I later went down to the 5min, and thought by golly this would be fun to scalp.

Finally, I got to the 15min chart, and wowza this would be cool to momentum trade.

lol, something there for everyone

michaelws · Jan 17, 2009

so..what does that mean?

I have a hard time allowing profits to run. I have the impulse to grab whatever money I can make, and run.

I wonder if most controlling people have this 'problem'?

increasenow · Jan 17, 2009

Quote from michaelws:

I have a hard time allowing profits to run. I have the impulse to grab whatever money I can make, and run.

this tends to be me also...I really want to start getting those 50,100,150, 200 pip trades...

increasenow · Jan 18, 2009

Quote from michaelws:

After reading what Cable said about the Eur/Aud, I had to take a look.

I started with the daily chart, and thought kazammy bam this would be fun to swing trade.

I later went down to the 5min, and thought by golly this would be fun to scalp.

Finally, I got to the 15min chart, and wowza this would be cool to momentum trade.

I plotted the 7 & 30 EMA, and RSI.

Use a 7/30 EMA cross for entries, and RSI for exits. It looks good while static, but who knows how it would work live??

I'm trying to learn how to trade long term, but darnit I'm an action junky.

wow...where did you come up with using a 7 and 30 EMA?..very interesting...never heard of that...thanks