Just wanted to say thanks for the fabulous, unselfish job you two do for so many traders out here in the Forex World. I am just amazed at the FREE stuff you guys put out for all of us traders. I own and use some of your “for sale” trading methods that I bought and paid for but you guys are always giving away useful and valuable tools to add to our tool kits that can and does make money just like the ones we purchase! Out of the several years I’ve been following Expert4x, I’ve never gotten any junk! Just wanted to take the time to say “Thank You”.
I have a system I use that actually uses Multiple Moving Averages very similar to what you are advocating here. It is very successful. You are correct! MMA’s give you a lot of information about what is going on in the market place. I have found, when I’m really stuck and getting beat up by the markets with my regular trading methods, I can pull out the MMA’s and fight back successfully. When all of the averages converge, it means different traders are agreeing on price but a disagreement is coming that will cause an explosion of price in one direction or the other.
As you’ve suggested, straddling the compression area is a great way to catch this slingshot effect and ride it to profits! MMA’s might be the best way for someone new to trading to get started! If you’re new to trading Forex, here are tools that really work, for FREE! Incidentally, FYI, I paid $500 for a very similar system you are giving away here! $15.00 for the template is an incredible bargain! Especially when you consider how much money this thing can make!
And “Thanks” again!
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