Monthly Profit - Daily Trading using SMA

Quoting Oddbjorg

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Hello friends I am going out of it all now. Good or bad. Snapping the green amounts. Getting rid of the red ones. Total +++ Right on going long EurCHF & EurUsd, and wrong on going short on GbpChf. The overall impression - the system works. Have all of you a blessed easter. All the best to all of you here from the North Atlantic Ocean. Oddbjørg {image} {image} {image}

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Quoting Wiiikkks

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{quote} Yes but still learning

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Quoting salimc

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{quote} SL is not below 70-80 pips, right?

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Quoting Oddbjorg

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Hello friends I am going out of it all now. Good or bad. Snapping the green amounts. Getting rid of the red ones. Total +++ Right on going long EurCHF & EurUsd, and wrong on going short on GbpChf. The overall impression - the system works. Have all of you a blessed easter. All the best to all of you here from the North Atlantic Ocean. Oddbjørg {image} {image} {image}

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Quoting Oddbjorg

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Hello Be ware of AudCad if it does not press through mid bb. Has been ranging. EurAud Looks interresting. Take care. {image} {image}

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Quoting ryanngyk

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{quote} These were both big winners, AUD fell hard this morning. under this system, if we took entries on yesterday's candle close we would be all sitting in profits! My question is, how do you filter out when to take a trade? E.g. for EURAUD, there have been multiple green candles near or touching the lower BB + upward sloping MA, but the very next day price came down. Taking these trades would've been losses. Any advice?

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Quoting Oddbjorg

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{quote} Hello. I will try to give some input - and I hope the profs can help you further. The candles from 10 to 4 are green - red - green - red . . . so in my mind they were ranging, even though it was no so very flat : excluded The candles have huge wicks - and even up and down : excluded Candles 2 and 1 came bouncing from low bb : included One extra confirming candle without wicks : included BB not narrowing : included Succeded in attacking mid bb : included Overall look at A/E/C ok : included Accept that you can not be right on every trade....

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Quoting ryanngyk

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{quote} Thanks Oddbj, you probably are one of the most experienced traders using this simple method and I'm glad it's been working for you. If i followed the system blindly, I would have taken many losing trades so there's an element of practice and experience required to make this system work I suppose. Will continue to keep up with this system. Any thoughts on the pairs I have posted above?

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Quoting Oddbjorg

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{quote} Hello. Thanks for the nice words. EurJPY I am so conservative, that I want 2 candles at Tokyo open, to be sure. I would have thought the wick was to long + on the wrong side. "Under" sometimes means - down trend is loosing its power. So not a trade for me. But I can be wrong - of course I can. CadJpy It looks better than EurJpy. But - Here again I need 2 candles at Tokyo open, to be sure. - A good advise is to read and eat my teacher Ghibli's charts. https://www.forexfactory.com/search....rchid=18006713 Have a nice day. Oddbjørg....

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Quoting maxwell87

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riding the trend... {image}

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Quoting Wiiikkks

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{quote} It’s depends on the size of last candle and mostly ranging from 80 to 100 pips.

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Quoting maxwell87

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{image}

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