Re: MURREY MATH lines
Posted: Fri Dec 04, 2020 1:59 am
My trading it is based mostly on MM lines. The overriding principle is to recognize the trend and especially trend reversals of a market, trade with the trend, and exit the trade with profit. Of course, that it is what everybody wants generally u may say, but in the near future I am planning to open one more trading journal here on forex-station where I may go to explaining each trade, at least the principles, of my own trades, and from a personal perspective. Most of the information that comes about the MM lines are from the Internet and nothing to make it quite clear or obvious, right, and mostly outdated I may say;phnthnhnm wrote: Thu Dec 03, 2020 8:19 pm Hi Sizabici
Could you please explain more detail about the entry/exit of this system.
Thank you.
Just practice may bring home the bacon and this comes with experience; as I have had to learn this too, on my own skin.
Otherwise, the main point from where one may start is to understand this graph [url]download/file.php?id=3352731&mode=viewurl] and to look at how price in general use to react to different mm lines and travel from 4/8 - 8/8 and 4/8 - 0/8.