[oilfxpro]

Originally Posted by gazuz

I started with crosses from moving average. I easily moved away from them because they kind of state the obvious. It's been a while since I haven't heard of anyone using them but a suggesting to do is actually use them as a "trade verifier". For example if you have an expert that seems to be opening positions at good times but isnt very bright at closing them, just put a fairly large WMA or EMA cross to close the position. It has worked for me in the past but that was for manual trading.

Another way to use EMA's or WMA's I think is just to use the trend. Instead of relying on one MA to check if its going up or down, just use two MA's to figure out the trend and if the trend goes down only open sell positions and vise versa.

One last way I have found seems to be working pretty well but rarely trades. Using three moving averages. Use two of them as the "barriers" and one when it actually comes between them. That way you get the trend of 3 different settings agreeing with each other in one position.

Now here is one of the reasons I don't like Moving Averages Crosses. I am a day trader, even though I have alot of patience, I preffer not going with the big guys and following big trends. In a way I feel like a lightweight wrestler, I use technique to move fast and grab as many pips as possible without dropping any. On the other hand if you think of a heavyweight wrestler he will sweep them, spill alot over and just take what he can. And alot slower.

So my reasoning is that I like to make the money off of the bumps in the market, not the long term result. Oh and one more thing, day trading requires less money to make as much if not more than long term trading