Yes I meant a sell

Which indicator should we use, I don't know, I'm playing with volume-adjusted moving average right now, it seem really interesting as it combine the interpretation of SMA and volume, which can help to evaluate the momentum

Anybody see a head and shoulders on the 1D chart ?

Thanks you for these back testings
Yeah I meant 10 and 20 days, not hours

On the 2014 chart: the first trade is a long which get closed very fast, but the 10SMA was going under the 20SMA, and the price went below the SMAs: for me the thing to do was clearly a short
And around 2014-04 there was a pretty good short to do but it look like it have been ignored ?

Indeed it seem better for strong trends, and loses like on 2014-05 seem possibly small compared to gains
Maybe adding another indicator to confirm the strength of the trend would help


Idrisu thanks for the stop-loss reminder
I only read a lot about trading look at the charts everyday and imagine how I could play with it
What I'd like to do is to throw some money at a good entry and to need to check the chart only once a day

I was thinking about this strategy:

Only use the 1 day chart
Put 2 SMA of 10 and 20 hours
When they cross in an uptrend, buy
Sell when it cross again

As it is on a 1 day chart, SMAs shouldn't get faked by consolidation periods
The entry and exit points may not be the best, but gains seem assured

It seem too easy to really work
How could this fail ?