I did trade DAX and FTSE sometime. But DAX MM totally need to calculate on different as it was pretty hardcore. I will only trade if I am hardworking. Those need scans and navigate chart more on DJIA and S & P together as they always must have the same directions.

I am not sure why people are telling indies such as MA were lagging. What I know it does interpret accurately price of moving averages each candle by eliminating the previous according on what value the person setup. As a trader, we are always practice to be discipline. Probably I am type of prefer safest way trade and always wait for confirmation close candle before opening a new trade. So I won't call those indies as Lagging type.

Thank you very much. Other than that, I got GBP/AUD too. I added more position earlier yesterday after pullback. EXOTIC always the best for long term, SELL on it, earning on nice SWAP return as another value added. As long as USD/JPY stays on that range, I believe it will continuing going below. Hope you got that too.

This post has been edited by tdoptions1689: Apr 10 2014, 04:06 PM

Yes, indeed EXOTIC need more analyze and experience to trade with but it is good to trade EXOTIC if you have get used on it. Just like current PA, EUR or the Cable are moving upwards, but the EXOTIC are breaking all those support on lower TF. Difficult for someone to analyze if they don't know how to. I don't trade CHF pair, wasting my time on analyzing with small profit.

BTW, I yet to have any direction on EJ and GJ because both is riding on range for DAILY. It is a mixed chart printing, so usually I will avoid those. Good Luck anyway.

BTW, I yet to have any direction on EJ and GJ because both is riding on range for DAILY. It is a mixed chart printing, so usually I will avoid those. Good Luck anyway.

I am newer than you as we can see through post. Looking for sifu sifu here to teach me too.

Let's take more in details here.

Leading indicators probably have the potential to forecast where an economy is headed but fiscal policymakers and governments make use of them to implement or alter programs in order to ward off a recession or other negative economic events.

Lagging indicators shift after the economy changes. Although they do not typically tell us where the economy is headed, they indicate how the economy changes over time and can help identify long-term trends.

Conclusion to me, leading indicators are some wild guessing work through stock market, manufacturing activity, inventory levels or so on. So called lagging indicators tell us what the previous movement of an average price after economy changes. And I am those who trade more on previous patterns and price behavior, so I won't called them as lagging since it had done the best guideline job for me.

So if you combining both of them, by the end there is only 1 answer, "Confusion and Contradiction".

Hei hei hei,
I love this question. To me, combining Waves Pattern and MA are the most powerful and highest probability to forecast printing on charts. Because I am using both of those.

Haha, of course bro. We are using the same principle, don't we?
Keep It Simple, Stupid. (KISS)

Time to jump in the 3rd position soon. Nice for you too.

I use ALL on SMA 20, 30, 50, 200. Lower MA as a guideline for me to predict the trend strength, Mid MA to help me on Correction, Higher MA to help me on Trend Direction. As for waves, it is more flexible on my reading. It all depends on how the PA moves to MA to interpret highest probability on WAVES.

No prob bro. Using this chart could help me a lot on my trading direction, but it does need a lot of experience to adapt on it. Other than that, I have to see all the correlated for highest accuracies. Let's take EUR/AUD as example, we can see since from the Correction on 1H chart, the 1st breakout indicate a lot of strength for the TREND when the PA always get rejected approximate or between 10 SMA and 20 SMA. This indicate the trend was strong enough to push the price to further lower. After couple of rejection, we can see the PA started to penetrate 30 SMA and went above 50 SMA. That's indicate the trend was started to become weaker. It went back down once again, and build a very small gap of Lower Low. So this indicate the trend are getting more weaker now.

As for now on my reading, I believe it will reject on SMA 200 this time building a RANGE market PA. Then it will back to higher TF of DAILY on Long Bias. Additionally confirmation on USD/JPY to get support on 101.1x area, it brings a meaning of weaker Asian Currencies. So, entering a new SELL here on EUR/AUD, grab some pips of probably 100 pips and get out of the pair are the best choice.

As what I expected on my earlier reading, anyone who have followed have to be extra careful now and ready to be exit at anytime. Take more notice on USD/JPY, if it reaches on around 101.2x area, this EUR/AUD or GBP/AUD must be exit without hesitation. I think a closing week of ranging market, so a final EXIT on 1.469x should be the best chosen point and have a nice week of profit.

Lastly, hope you guys enjoy the weekend. After earning some, remember to spend it. If you can't spend all, I am ready to help you on spending.

Seems a quite working strategy shared by sifu here. I think there is something useful maybe I could share with you guys here. Once ago, when I doing a studied on MA combination with WAVES, I found these are the most powerful combination. Don't ask me when, I just remember sometime back to the days. So I implement my strategy again to avoid any repaint for more accuracies, I found that WAVES, MA, S/R could only act as my Master Guideline. For more accurate on trade, I added another CANDLES study to the combination to avoid repaint or more capable setup. Try it, it really works.

Sorry to interrupt. Do you mean you always trade with MM of 0.5 STD LOT per USD 1K? What DD you are having normally?

I don't know but for my trading, even 0.05 STD LOT per USD 1K already consider a high risk of trading to me.

Yes, but if an Intraday or Swing max reasonable shall be on 0.03 STD LOT per USD 1K. Safer for days average opening, 0.02 STD LOT per USD 1K shall be the best.

This post has been edited by tdoptions1689: Apr 14 2014, 03:30 PM

1 more building on Lower Low for 1 hour, approximately 130 pips for the last entry and last exit point shall be the best.

Maybe I am not a scalper from the beginning till today so I won't ever consider 0.5 STD LOT are reasonable, seems to me a roller coaster type trading. The reason I don't choose to become a scalper probably I doesn't have a great accuracies strategy. Entering too much trade might bring me more exponential risk. Prefer to enter the 1st small, and larger after the setup was perfect nice. I am more conservative type of investment. Good Luck.

This post has been edited by tdoptions1689: Apr 14 2014, 06:14 PM

Likely seems we have stronger AUD now. Target at 130 pips achieves, instead of exit the position, probably it is better to activate a trailing of 50 pips, might keep the profit running. Wondering it will build another Lower Low below 1.465x, before building another Lower High. If it does, seems it will continue pushing the price to another low easily to 1.432x…

This post has been edited by tdoptions1689: Apr 14 2014, 06:11 PM