Continuing the discussion on 5/8 SMA crossover, it has been the most reliable and consistent profit maker for me, in the context of my total methodology. When the correct orientation of these SMAs exists (in M5, M15, M30) a trade with this trend is almost always a winning position. Since I monitor 23 currency pairs on 4 laptops with auxiliary monitors on each, (4 monitor screens of 6 pairs each), I can select 5 or 6 concurrent trades that are "ripe" and distribute them over 3 live accounts. Diversity ensures that some of these positions are taking profit, when other pairs may be meandering to nowhere at the moment. Since trades were entered on trend agreement in several
fractals, eventually even the slow movers will go to profit or will be closed at small losses. In short, I do not seek the 80 pip run, although I sometimes get it. Rather, I prefer the 25 pip target on several currency pairs, with re-entry, if appropriate, at a pullback. At the end of the day I may have accumulated 80 pips in total, but over several trades. . I hope that the "brick wall" has courteously responded to your comment.
fractals, eventually even the slow movers will go to profit or will be closed at small losses. In short, I do not seek the 80 pip run, although I sometimes get it. Rather, I prefer the 25 pip target on several currency pairs, with re-entry, if appropriate, at a pullback. At the end of the day I may have accumulated 80 pips in total, but over several trades. . I hope that the "brick wall" has courteously responded to your comment.