This looks kinda like the Guppy MMA trend trading method I tried out years ago. I was working on a much lower time frame so only got average results, but I was bound and determined to be a day trader, so spreads and whipsaws would always get me. ...

Spoof's Trading Made Simple(r) Journal

Got my 2R on AU from early this morning. Didn't think she would have another continuation in her, but that's what I get for thinking.

Spoof's Trading Made Simple(r) Journal

Looked at this one but the daily HMA was green and the bars were blue. Am I overthinking this? Only setup I've seen this week is GJ.

Trading Made Simple(r)

Don't know if this helps but I use NewsCal-v-108a and had to change the Forexfactory URL some time back to get it to keep working. url

Trading Made Simple(r)

Are you using 5MA shift 3? I see CF and EC crossing the 5MA shift 0 on Thursday.

Monthly Profit - Daily Trading using SMA

This is what you are looking to place after the open on Sunday? The rules are after daily close, just would hate to see you trapped in a big gap on Sunday open with an order from Friday. You are definitely a braver person than me risking 4% of your ...

Monthly Profit - Daily Trading using SMA

The system does not use buy/sell stops. Entry is on the open after the signal bar but recommendations are given out by the gurus 15 minutes or so after the open to give more time to evaluate and to let spreads calm down. Though your with FXCM as I ...

Monthly Profit - Daily Trading using SMA

No one has ever defined what clearly is is why I mentioned it. Right now it seems to be a visual thing, and therefore arbitrary. I would love it if it was a solid rule like 25%.

Monthly Profit - Daily Trading using SMA

Hi martyhype, 80% win rate looks great. Since this kind of backtest can't look for sideways and clearly closing through the SMA, or test for the wicks and S&R addon rules, I would guess you followed the rule from post 1 where price technically ...

Monthly Profit - Daily Trading using SMA

Agreed that risking 5% per trade is nuts. That's 20 losses in a row to blow up an account, and 5 in a row will hurt bad enough to devastate your confidence because your P&L has taken such a whack. 1/2% if your live trading a new to you system, and ...

Monthly Profit - Daily Trading using SMA

Nobody backtests here mate.

Monthly Profit - Daily Trading using SMA

Hi Oddbjorg, Appreciate the response. The reason I asked is that UC clearly closed through the SMA5 the day before so this trade was against the rules, but a number of people were taking it.

Monthly Profit - Daily Trading using SMA

Whats the rule on shorting UC today? It closed below SMA yesterday where it looked sideways.

Monthly Profit - Daily Trading using SMA

According to the rules I would think EG should have been traded on the 7th and profits taken or the 15pip SL hit, and traded yesterday as it broke the SMA and out of its 'sideways' move.

Monthly Profit - Daily Trading using SMA

Hi BK8, It would be great to get a link to these results on all the pairs tested and the different TP strategies that were checked.

Monthly Profit - Daily Trading using SMA

How are you defining sideways? At the close of yesterdays candle this looked like a valid setup to me.

Monthly Profit - Daily Trading using SMA

GU sold at 1.32544. +111 Nice early morning surprise.

Monthly Profit - Daily Trading using SMA

You asked a question. I answered.

Monthly Profit - Daily Trading using SMA

No. I was following the rules of this system.

Monthly Profit - Daily Trading using SMA

GU hit SL at 1.31340. -16 pips 60 pips max

Monthly Profit - Daily Trading using SMA