Thanks for sharing. I am grateful.
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Dislikedso we made on the eurusd 31 pips (closed above the sma)
on the usdjpy we had 1 pip (closed below sma) and on the usdchf we had a gain of 15 pips
the signals for today were sell the usdgbp 1.9738 (closed 4 feb above sma) so looking for a close below the sma now today (@ the moment of writing +90 pips)
btw only looking for signals on the 4 majors
eurusd usdjpy usdchf and usdgbpIgnored
Dislikedthis method is good when the market is ranging, but when its trending you get reamed. there needs to be added rules to stay away when its trending.
look at the GBPUSD daily, if you bought every time you were below the SMA and sold every time you were above, your win percentage is not that high
on top of that, how do you handle money management? since you have to wait for the close, which could be any value, its hard to know your risk.Ignored