Thread: AUD/USD

Talk of fashion or across the bend

Originally Posted by ;

quote I believe they dont trade contrary to th trend. They believe that's the trend! Therefore, when you say stay with the tendency, what you really mean? How the principal trend is determined by you?

Many ways to perform this Guy. The internet is full of trading classes. I personally use a blend of MA(50) and MA(100) on a timeframe larger than 1H. Then go to reduce TF to see S/R.

It is funny once you state that ”they believe that they exchange with the trend”. Do not they look at the charts and see where the trend goes?!
I mean if seem at 5m or 10m chart, it will not tell you much about the tendency. Look at larger timeframes if you would like to determine where the price is going to.

Cheers

Originally Posted by ;

quote cease out. . ?

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Originally Posted by ;

quote [attach]IMG_2328. PNG;2615495[/attach image

Sell restrict @7842 for me personally

Originally Posted by ;

quote[/b] Many ways to perform this man. The internet is full of trading classes. I personally use a combination of MA(50) and MA(100) on a timeframe larger than 1H. Then go to lower S/R to be determined by TF. It's funny when you state that ”they think they trade with the trend”. Don't they look in the charts and see where the trend goes?! I mean if seem at 5m or 10m chart, it will not tell you a lot about the trend. Look at timeframes if you want to see where the price is going to. Cheers

over these years, so many time my 60ma moved over 100ma and thougth the pair going north and watched a sharp 200pip fall!
I think same happens to a lot of those you called intermediate traders

Originally Posted by ;

quote over the years, a lot of time my 60ma moved over 100ma and I thougth the pair heading north and watched a sharp 200pip fall! I think same occurs to a lot of the you called intermediate traders

Maybe. On which timeframe you are looking at, however, as said, it depends. You will not be told anything about the trend by small timeframes. Additionally, it depends what type of trader you are - a scalper, a day trader, a Forex trader or a long term trader. Said that, employing MA is not enough. Using MA is not strictly necessary. Top down approach according to your own own trading style will tell you.

Good point bro.

KP

Originally Posted by ;

quote[/b] A lot of ways to do this man. The world wide web is filled with trading classes. I personally use a combination of MA(50) and MA(100) on a timeframe larger than 1H. Go to reduce S/R to be determined by TF. It is funny once you say that ”they think they trade with the trend”. Do not they look at the charts and see where the trend goes?! I mean if look at 5m or 10m chart, it won't tell you. Look at timeframes if you want to see where the price is heading to. Cheers

Originally Posted by ;

quote Maybe. However, as said, it is dependent upon which timeframe you're taking a look at. You will not be told anything about the tendency by small timeframes. It depends what kind of trader you are - a scalper, a day trader, a midterm trader or a long term trader. Said that, using MA is not enough. Using MA is not strictly necessary. Top down approach based on your own trading style will tell you all you want to learn about the trend.

You r right, I understand your point
so... let s see if The bullish weeks last next week

Originally Posted by ;

quote you r right, I know your purpose so... let's see if The bullish weeks last next week

Yes partner. Let's see what happens. There is a sub channel inside that weekly channel, which might stop the move up much sooner at roughly 0.7970, however, the resistance is poorer compared to the upper point of the principal channel.

Let's see

Originally Posted by ;

Good point bro. KP quote

Thank you for You are one of the traders that I am learning from. Happy new year bro.