Tuesday, May 17, 2011
Is Trading Forex Moving Average Crossovers profitable?
You may think I have lost my mind proposing that moving average crossovers are not profitable because my whole 4 hour trading strategy (see right for more details) is based on moving averages. However listen to me out. The point I need to make is that trading moving average crossovers in isolation is not profitable.Well there's three reasons & they are as follows:I am broadly in agreement with those findings (although I still think that you could be successful trading them on the every week & every month charts). However in case you are a regular reader of this weblog & read my every week trading updates every week, you will know that I use my main 4 hour trading strategy every week & it very always produces a profit. So why is thi
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