Nov
27
2009
27
2009
Thanksgiving Update – New Moving Averages Video
An article by 
Hey everyone well hope you all had a good Thanksgiving Break now we are back to business or like some of us never left. IF you had the chance to look at the markets the GBP/JPY had some very interesting movements about 1000 this week alone.
I was able to get some trades in so glad about that. Also I included a video that shows how some small moving averages can get you into some big trades. For the GBP/JPY I have been adding about 200 to 300 trailing stops and those have been very useful.
Here si the video I promised, sorry for the delay just had to wait for a new mic to get in the mail, my older one was kind of failing if you noticed it in the last video.
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Hi Gus,
Great blog, have been following you now for over a month. Just about to start trying out your MA method. You have 3 lines red, blue,yellow. Trade is entered on the red breaking the yellow on confirmation of the new candle. Whats the point of the blue line? and how can you prevent false signals other than waiting for the open of a the new candle. Must the candle move lower than the previous for a more firm confirmation ?
Your help would be much appreciated
Regards
Band
Hey the blue will pretty much just help you see if the trend is going short or long before it actually gets there, so you don’t have to wait for yellow and red since they take a while to cross. When red crosses blue I know or hope it’ll cross yellow so keep a close eye on it, if red is no where near blue then probably nothing will happen.
False signals are just hard to know, just keep up with the news go to actionforex.com and look at their daily outlook and thats pretty much all you can do.
GFX
Cheers Gus