BK.......would it be too much trouble for you to post the 20 or so pairs that you are testing .so my alert illl be able to ork for me ..... thanks a bunch..............Don
10sma on Weekly Chart System 38 replies
Trading with a 10SMA 4 replies
What is the difference between an "interday" chart and "intraday" chart? 2 replies
DislikedJust got long NZDUSD on break of the 10sma, in nice long term trend and currently above 10/31/2011 swing high, stop @ .8150 (giving this puppy some room to bounce around).
Great system and thread BKG.
JonIgnored
DislikedHello Lizpet, Sniperfxmy, and Don555,
Once the snags are virtually gone, and I have a 75:25 winners-to-losers trading ratio, and I am trading "live," I shall open a thread. My interest in the H4 and how it relates to bigger pip trades on the Day Chart w/ 10 SMA kept me out of the chancy EURO pairs this morning. I will not trade during a consolidation period on the H4 or the Day Chart methods. As usual, at least in my case, both a handsome trend and support or resistance clearance are the name of the game.
Best consistent profits to...Ignored
DislikedHi folks,
I am looking for a buy in the Aud/NZD.
we can pick about 100 pips before the price touch the 200 ema line.
DutchsignalsIgnored
Disliked2 pb appeared already. i trade it with a proper mm
worth to trade this pair, like oz and cad, with a proper mm...
the monthly charts showing these 3 pairs having similar formations: mb+pb
once mb is crossed, looking to see the trend to stay for the near term
p. s. i don't use 200ma bcos it is "far" from 10ma... unless 1 or 2 candles apart. mike's post 625 showing a flat 200ma, at times it is not an easy task to justify a trade? ones would have missed a month of profit opportunity for not trading starting on...Ignored
DislikedHi Guys,
Grooler beat me to it buy a min or two, but here is my analysis...
Personally I like the USDCAD trade.
I've entered short at 0.9934 on the close of the 10SMA break at 0.9938.
Recently the 1.0048 resistance was tested (as well a the SMA200) and failed to break out.
The price looks to be ranging between 0.9899 to 1.0048 on the weekly.
It looks to be heading down in accordance with this system to test the support at 9899 and if broken has room to move down to the next support at 0.9783.
Chart attached.
Cheers,
Miike...Ignored
DislikedHi Rokz,
Your entry was not aligned with this strategy, as the pin bar was not a close of the 10SMA cross.
Still a top entry in terms of a profitable trade.
Cheers,
MiikeIgnored
Dislikedhi
is is right to watch only on one pair(eurusd,audusd,gbpusd) ?
isnt it big corelation ? if eur usd is rising, other pair do that too ?Ignored
DislikedHow do you all feel about the GBPNZD ? The setup doesnt look too bad. its just that the risk/reward ratio does not seem too good, especially since its had trouble breaking the 1.875 resistance.Ignored