Well I use moving average indior to filter my entrance and exit stage! I don't rely on just MA trading indior.Originally Posted by ;
Well I use moving average indior to filter my entrance and exit stage! I don't rely on just MA trading indior.Originally Posted by ;
I also looked into doing precisely the reverse a few months ago, that led me down the course of opinion indiors that cabbiefx was referring to.
Retail traders love to pick tops and bottoms that's clear to see using Oanda's standing ratio analysis (shows the % of long vs short position). I see it a lot of times where a pair includes a bias for one side along with the chart reveals it trending in another direction.
Everything I like to search for is that type of a setup (prejudice in 1 direction) along with also a candlestick formation indior the reverse (continuation of the trend). I'd look to get out whenever the bias starts shing to neutral (45-55%).
Hope it helps.
Maybe you want to attempt this exercise:
~02:23:
Here's a workout for some people. The next time you're just going to put a trade onto you pick something heavy and go Puf (hit your mind). Then write down where you're likely to buy and where you're likely to set your Stop Loss. Do not BUY it but place an order in to BUY it at where you are going to set your SL...
I'll try it tomorrow on my own Demo account however I will skip the part banging my mind. . .LOL... :--RRB-))
Great luck to me and you