trading using moving averages

[SimpleMeLike]

exit a buy when a sell signal triggers.
but if the context is a tight channel then do not trade this setup OR ANY SETUP.

just trade the context.

like in this chart do not look for setups JUST SELL AND PUT A WIDE STOPView attachment 208791

Hello padutrader,
I agree with you.

But I am learning that having a predefined method/logic/reasoning/opinion or location for exiting for profiting is equally important as how or when to enter.

The chart above does make sense to sell because context is clearly down, but using your EMAs to logically exit the trade can be beneficial to you as well and remove subjectively thinking on where/when to exit.

 

[SimpleMeLike]

trading is about determining context and then looking for a set up to enter AND EXIT position.

this is why 90% of traders lose ...they do not understand context but they love set ups.

set ups can be taught. context has to learnt.

Brooks is hated, by some, because he teaches context and not set ups.

padutrader,

Do you agree on me editing your comments with "and exiting position"

Yes context is important, but so is entry and exit. Yes I agree, context must be learned. Learning when/where to enter/exit after confirming context is important.

I believe traders lose (well I have) because the only look for one magic setup.

 

[padutrader]

one idea

do you think only one idea will explain what the market is doing
the market is always channeling....even a trend is a tight channel.
both ma and channels frame the market .....ma and channels are two ways to identify what the market is doing...whether it is wide or tight channel

 

[padutrader]

as if you're still searching for something.

of course i am.....is anyone perfect.

i have made money so i am on the right road but it is important to understand why that money was made.

i had just forgotten how to draw channels.......i suddenly remembered

 

[padutrader]

I've never been able to see where using a "plethora of MAs" produces results.

i do not want results
i want information i want context.
i want to know what the market is doing 10 bars,20 bars 50 bars 100 bars away

not everyone uses something in the same way and for the same thing.

do not assume tat the other fellow is an idiot it is possible he thinks differently from you

 

[padutrader]

Where did the moving averages go?

Channels now?

why use only one tool?
i am looking for information on which to base my trading decisions upon

especially since the market is always in a channel.....a trend is a tight channel...which widens slowly.......
market is always two sided.

 

[padutrader]

as if you're still searching for something.

i am searching for different ways to get information to base my trading decisions upon.

I am not looking for fixed 'strategies'

i am thinking beyond any one method of investigation.

i 'use' two legged moves also, by the way, apart from ma and channels.

the markets have many behaviors many realities, many facets.

 

[padutrader]

Where did the moving averages go?

Channels now?

i use two leg moves also.
also momentum and momentum cycles.

 

[easymon1]

the markets have many behaviors many realities, many facets

mr padutrader,
you got that right.
how long have you been trading?
cheers

 

[Scataphagos]

i do not want results
i want information i want context.
i want to know what the market is doing 10 bars,20 bars 50 bars 100 bars away

not everyone uses something in the same way and for the same thing.

do not assume tat the other fellow is an idiot it is possible he thinks differently from you

I never inferred that you are an idiot.

What'd I do, strike a nerve?