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Originally Posted by Everett
Excellent method Kolachi!
This explains why I was always losing with the moving average cross. It always seems whenever I enter a trade the market immediatly goes the other way. I did not understand your method before, but now its beginning to make sense.
It seems to me that this system is for day traders that can sit at their computer all day.
I work from 9am to 5pm EST. I would only have 20 mins. in the morning to check for price setups before I go to work. I would of course be able to check the night before if that would be any good.
Do you have a method that works on the 4 hour and daily charts? My heart can't take those wild hourly price swings, especially when I'm in a trade during the day and can't do nothing about it (except for stops).
Thanks for the help.
I commend you for your dedication in helping poor Forex losers like myself!
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Hi,
Thanks for interest in KM.
Infact KM works equally well from Minute chart to Monthly chart.I personally have used KM on one minute chart and daily chart.
You can easily use KM on daily chart as I often use daily for my position trades.
If you need any help, I am always here to guide you,
regards,
kolachi