Monthly Profit - Daily Trading using SMA | Page 458 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #9,141
  • Sep 25, 2017 3:34am Sep 25, 2017 3:34am
Quoting Filipo1
{quote} It is true that it looks very similar to the USDCAD chart however I am overall a bit more worried for the EUR than the USD. In addition I do not feel comfortable with the level where EURCAD stopped, right on a old support/resistance line and finally I miss the sharp MACD bullish divergence that I have on the USDCAD. {image}
Yes - true. Especially after the gap last night!

How about EURUSD? One to watch closely I think. Looks set for a significant retracement (IMHO). Especially after multiple rejection of 1.2000 level? The hourly chart is extremely bearish. Maybe just to watch if today's candle turns into a shooting star
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 35 KB
  • #9,142
  • Sep 25, 2017 4:38am Sep 25, 2017 4:38am
Quoting jmtini
{quote} Yes - true. Especially after the gap last night! How about EURUSD? One to watch closely I think. Looks set for a significant retracement (IMHO). Especially after multiple rejection of 1.2000 level? The hourly chart is extremely bearish. Maybe just to watch if today's candle turns into a shooting star {image}
Totally agreed, here are some lines to watch
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170925-113648.png Size: 145 KB
I used to be indecisive but now I'm not so sure...
  • #9,143
  • Sep 25, 2017 6:19am Sep 25, 2017 6:19am
Could be in for a nice reversal. A nice divergence has formed in addition to H&S/Classic BB 3 Drive pattern.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiDaily.png Size: 89 KB


John Bollinger is always posting great info on his twitter feed on reading BB's: https://twitter.com/bbands
Trade with confidence, trade without fear.
  • #9,144
  • Sep 25, 2017 12:22pm Sep 25, 2017 12:22pm
Quoting Cryptosurf
Could be in for a nice reversal. A nice divergence has formed in addition to H&S/Classic BB 3 Drive pattern. {image} John Bollinger is always posting great info on his twitter feed on reading BB's: https://twitter.com/bbands
would you like to share the indicator that is on your chart. The one with pairs.
  • #9,145
  • Sep 25, 2017 12:30pm Sep 25, 2017 12:30pm
Quoting xoxo12
{quote} would you like to share the indicator that is on your chart. The one with pairs.
There's several versions available, i just use "Symbol Changer" as it populates whatever symbols are in your marketwatch.
Attached File(s)
File Type: ex4 Symbol changer.ex4   14 KB | 343 downloads
File Type: mq4 Symbol changer.mq4   6 KB | 404 downloads
File Type: ex4 Symbol changer - limited 1.2.ex4   16 KB | 366 downloads
File Type: mq4 Symbol changer - limited 1.2.mq4   7 KB | 402 downloads
File Type: ex4 Symbol Changer_Luxmod.ex4   14 KB | 355 downloads
Trade with confidence, trade without fear.
  • #9,146
  • Sep 25, 2017 1:24pm Sep 25, 2017 1:24pm
CADJPY is forming a nice setup in my point of view.
Would the experts here agree?
  • #9,147
  • Sep 25, 2017 2:13pm Sep 25, 2017 2:13pm
Quoting Malu
CADJPY is forming a nice setup in my point of view. Would the experts here agree?
I'm no expert but i would have to agree.
Trade with confidence, trade without fear.
  • #9,148
  • Sep 25, 2017 2:16pm Sep 25, 2017 2:16pm
When your seeing the same thing as a trading legend, you know you're on the right path.
https://twitter.com/PeterLBrandt/sta...52225258868736

Attached Image
Trade with confidence, trade without fear.
  • #9,149
  • Sep 25, 2017 4:01pm Sep 25, 2017 4:01pm
Quoting Malu
CADJPY is forming a nice setup in my point of view. Would the experts here agree?
Looks great, thanks Malu for drawing our attention to it!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170925-225702.png Size: 206 KB
I used to be indecisive but now I'm not so sure...
  • #9,150
  • Sep 25, 2017 4:02pm Sep 25, 2017 4:02pm
Hello
EurJpy 65%
Thank you all.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #9,151
  • Sep 25, 2017 4:09pm Sep 25, 2017 4:09pm
Quoting Oddbjorg
Hello EurJpy 65% Thank you all. Oddbj.
Looks nice too, thanks Oddbjorg.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170925-230801.png Size: 203 KB
I used to be indecisive but now I'm not so sure...
  • #9,152
  • Sep 25, 2017 4:59pm Sep 25, 2017 4:59pm
Quoting Filipo1
{quote} Looks nice too, thanks Oddbjorg. {image}
Hello.
One day you can teach me, when you have the time, about the lines..up in price...and down in Macd.
All the best to all of you. But don't follow me. I am a learner.
  • #9,153
  • Sep 25, 2017 5:10pm Sep 25, 2017 5:10pm
These NZD pairs seem to have SHORT signal coming, what do all of you think?

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD.jpg Size: 286 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHF.jpg Size: 292 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY.jpg Size: 288 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.jpg Size: 292 KB
  • #9,154
  • Sep 25, 2017 10:33pm Sep 25, 2017 10:33pm
Quoting Oddbjorg
{quote} Hello. One day you can teach me, when you have the time, about the lines..up in price...and down in Macd.
Hi Oddbjorg, this is called MACD divergence. Basically when trends differ on highs this is considered bearish signal (like in the last charts I posted higher highs on the price vs. lower highs on the oscillator) and inversely for diverging price/oscillator lows.
It is important to bear in mind this is just an additional confirmation of a setup and trades should not be based on divergence signals which can be unreliable whatever the oscillator.
Here are some links but you could probably find better ones:
https://www.luckscout.com/macd-divergence/
https://www.fxdayjob.com/trading-macd-divergence.

All the best.
I used to be indecisive but now I'm not so sure...
  • #9,155
  • Sep 25, 2017 10:45pm Sep 25, 2017 10:45pm
Quoting vAmZaI
These NZD pairs seem to have SHORT signal coming, what do all of you think? {image} {image} {image} {image}
Hi vAmZaI,
Yes they look fine however personally I would refrain from entering now in any position involving the kiwi until next RBNZ monetary policy meeting on 27th.
I used to be indecisive but now I'm not so sure...
  • #9,156
  • Sep 25, 2017 11:06pm Sep 25, 2017 11:06pm
Quoting Filipo1
{quote} Hi vAmZaI, Yes they look fine however personally I would refrain from entering now in any position involving the kiwi until next RBNZ monetary policy meeting on 27th.
Oh I've already entered NZDCHF, hopefully it goes well. Thanks anyway
  • #9,157
  • Sep 26, 2017 1:44am Sep 26, 2017 1:44am
Even XAUUSD looks nice, although SMA is not in a upward direction.

As I joined just a few days ago, but as I read almost 75% of the entire thread , I would be interested to know if anyone knows anything about BK8. I recognized that he no more active here.
  • #9,158
  • Sep 26, 2017 2:30am Sep 26, 2017 2:30am
Quoting vAmZaI
{quote} Oh I've already entered NZDCHF, hopefully it goes well. Thanks anyway
I took the NZDUSD. I went well so far. Thanks
  • #9,159
  • Edited 8:55am Sep 26, 2017 5:38am | Edited 8:55am
Quoting Malu
Even XAUUSD looks nice, although SMA is not in a upward direction. As I joined just a few days ago, but as I read almost 75% of the entire thread , I would be interested to know if anyone knows anything about BK8. I recognized that he no more active here.
I saw him cruising his 200 foot yacht close to Porto Cervo...
Well that's what I wish him and all of us asap.
Attached Image (click to enlarge)
Click to Enlarge Name: 1412261090397_wps_4_jade_yacht_with_garage.jpg Size: 145 KB
I used to be indecisive but now I'm not so sure...
  • #9,160
  • Sep 26, 2017 6:42am Sep 26, 2017 6:42am
Quoting Filipo1
{quote} I saw him cruising his 200 feet yacht close to Porto Cervo... Well that's what I wish him and all of us asap.
Indeed a good plan. Should check my lot-size to get there asap.
6 traders viewing now