Daily Profit - H1 Trading using SMA 750 replies
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AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies
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Disliked{quote} Not to sound pessimistic but I'll advice you exit your gbpusd buy order,you made a lot of pips and I think today would be for the bears which is the theam of this currency pair (sell) i i jui just sold at 3164 SL 3184 tp 3100 and belowIgnored
Disliked{quote} Thanks Saranga, I took GN too.. 40 pips profit so far but we may have surprises in the morning.. I do not trust AUD and GBP pair...they always give me surprises in the morning {image}Ignored
Disliked{quote} Thanks Saranga, I took GN too.. 40 pips profit so far but we may have surprises in the morning.. I do not trust AUD and GBP pair...they always give me surprises in the morning {image}Ignored
Disliked{quote} Already booked some profit at 3142 am a bit skeptical about this move down, so closed half my lots and left the other half with SL at 3175 and tp 3064Ignored
Disliked{quote} Just sold usdjpy @ 100.35 SL 100.47 tp, it depends on volatility, although I don't intend to hold for long so I'll probably just go for 20 pips or more.Ignored
DislikedHere is the EA CandleSize = how large the candle crossing the MA should be StopLoss = how far must the trade go in your favour before moving to break even Num = number of candles that must have closed below or above the MA crossing TrailingStop = ... MaTrendPeriod = moving average period TF = time frame that you are testing. this is so you can test in the strategy tester with 1M bars and still get fairly accurate results but faster Lots = Lots to be traded please feedback your findings. I'm not sure if I would actually use this EA for live trading....Ignored
DislikedHey Bk8, Couple questions: 1- Do you ever re-enter a 2nd or 3rd time when price retraces back to the SMA and then bounces off or moves back in the original direction with price action? Like you do a buy entry, price moves say 100 pips and then pulls back 50 pips to bounce off the SMA and continues in the original buy direction. Would you consider that a valid re-entry since price closed above the SMA? 2- For Targets and SL's, besides 15 pips above or below the last candle and TP's at the outside BB, do you ever look left at previous swing highs...Ignored