✅ Guide to trading price patterns : getpricepatterns.com/
@TDZone70 Жыл бұрын
I like the use of the 30 MA to determine the trend. Can the 30 MA alone be used for a trading strategy?
@Netpicks1 Жыл бұрын
Any moving average can be used as long as the trader understands the time frame aspect. For example, a 30 MA on the daily chart will be much different than a 30 on a hourly chart. You can see a down trend on the hourly inside an up trend on the daily. Looking for strong moves in the direction the 30 is trending followed by a consolidation of sorts and then a resumption of the trend, can be viable.
@TDZone70 Жыл бұрын
@@Netpicks1 Thanks. I have watched a lot of your videos and I should have already known that you would say any MA can be used. I need to listen.
@Netpicks1 Жыл бұрын
It really depends on your goals and the use of the moving average. 1 - whatever period that suits your needs is fine. Certainly nothing magical about any of them.
@rwh3103 жыл бұрын
Thank you! Could you show some more examples of slope of 30 SMA and two lower highs go short, and two higher lows go long.
@Netpicks13 жыл бұрын
I wouldn't get too hung up on the slope. We just prefer it not to be flat. It's as simple as: 1. are there 2 lows completely above the average? (up trend) 2. If yes, wait until the highest high of that two candle sequence is broken. 3. If no, the previous trend is in force.
@manishchaudhary98663 жыл бұрын
masterpiece....can you make a video on price acceptance determination or maybe guide me how and what to look for ascertaining it
@afgluda2 жыл бұрын
What timeframe are you talking about?
@Netpicks12 жыл бұрын
It depends on what you are trading and your preference for trading. I prefer daily charts
@Mahesh-jy7df2 жыл бұрын
THANKYOU.
@forexsagar3 жыл бұрын
Amazing knowledge... Good sir... You teach in simple mathod
@ckinc892 жыл бұрын
Thanks for sharing...
@Netpicks12 жыл бұрын
Thanks for watching!
@IfexcoPlus2 жыл бұрын
Thank You
@Netpicks12 жыл бұрын
You're welcome
@bigmack103 жыл бұрын
GREAT VIDEO
@Netpicks13 жыл бұрын
Glad you enjoyed it
@gopal10353 жыл бұрын
Thank you sir.
@untaint2 жыл бұрын
I literally dream about charting
@Netpicks12 жыл бұрын
I dream about living by the ocean and waking to the sounds of the waves.