Monthly Profit - Daily Trading using SMA

Quoting jmtini

Disliked

Filipo and Malu thanks so much for your comments and input. OK, I will start it over the weekend. I have had good recent success using the 4 hr chart especially on GBPAUD and have picked up about 90 pips - could have got a lot more if I had kept the trades open but that's the old story! I will post my charts as well and also projected targets which one can see more clearly I think on H4 In the meantime , here's my GA chart and showing the trades I got. My chart is nice and easy to read and project targets {image}

Ignored

Quoting jmtini

Disliked

Hi everyone I am seriously thinking of starting a new thread using this system or similar (people can chose) on the 240 minute (4 hr) chart Maybe I'm wrong but I think the BB's are using the 4 hr charts for setting targets and quite frankly ( IMHO) the 4 hr chart is much easier to trade then the daily chart, if one is wanting to trade higher time frames

Ignored

Quoting jmtini

Disliked

Thanks everyone I will be starting it this afternoon (UK time) I am going to be highlighting good set-up areas and target areas. Hoping it will help all "daily trading using sma" threaders to hone their trades better. JM

Ignored

Quoting Filipo1

Disliked

Hi everyone, just a few pairs in the collimator for today. EURUSD broke and closed well below the weekly BB and GBPUSD could follow soon. {image} {image} {image} {image} {image} {image} {image}

Ignored

Quoting Filipo1

Disliked

{quote} Where are we now since my post Nr.9436? EURCHF escaped S/L stop by 1 pip only and is now back on track. AUDNZD is going well if you placed S/L level at 15 pips over Oct.26 candlestick considering 27th. was a short one. EURNZD safe and well. EURJPY same. Of course there was a long way to Oct.26 high +15 pips so I placed my S/L level just over 61.8 retracement of Oct.26 candlestick and we are now back on track. What could be observed this week is roller coaster price action in many pairs and particularly on EURUSD and GBPUSD which led me to...

Ignored

Quoting Oddbjorg

Disliked

{quote} Hello Filipo Thank you so much. With this extra check and analyses you are making, you are mastering the winds I just hesitate to even meet. BK8 would not have anything against a BK8 - strategy 4H system being dicussed here on the thread as an ingredient, I believe. Oddbj.

Ignored

Quoting Oddbjorg

Disliked

Hello Looking at EC, UC and GU SMA 5 is pointing the way the arrows are. So in GU it will be with babysitting the chart, so it does not go wild the wrong way. All the best. {image} {image} {image}

Ignored

Quoting eddytan72

Disliked

{quote} EC should be traded in 6/11/17, a bit late now, if you wish to take risk, please go ahead UC I took the risk yesterday, it is a good setup GU please beware that the BB/candlestick is a bit sideway, it is recommended not to take this setup

Ignored

Quoting eddytan72

Disliked

{quote} EC should be traded in 6/11/17, a bit late now, if you wish to take risk, please go ahead UC I took the risk yesterday, it is a good setup GU please beware that the BB/candlestick is a bit sideway, it is recommended not to take this setup

Ignored

Quoting eddytan72

Disliked

Not much moving this week, hope for next week.

Ignored

Quoting Bk8

Disliked

{quote} Thanks... I do not think GU can not fit to this system however like any other system it can fail some time but at the end of month you will be profitable for sure.

Ignored

Quoting felipe6

Disliked

{quote} Hi BK8, First of all I would like to thank you for sharing your information and experience. Referring to what was like one of your questions starting this thread asking for the monthly profits, I cannot answer you yet about doing it in real time, but I have been doing BACKTESTING in several currencys, I am talking about about 70 operations on each one of about 9 currencies. I have adapted a bit my needs and thougts on your system. For an example as soon I have 40 pips winning I put my SL on the half of it (20) and keep on moving it. When...

Ignored

Quoting felipe6

Disliked

{quote} Hi BK8, First of all I would like to thank you for sharing your information and experience. Referring to what was like one of your questions starting this thread asking for the monthly profits, I cannot answer you yet about doing it in real time, but I have been doing BACKTESTING in several currencys, I am talking about about 70 operations on each one of about 9 currencies. I have adapted a bit my needs and thougts on your system. For an example as soon I have 40 pips winning I put my SL on the half of it (20) and keep on moving it. When...

Ignored