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Monthly Profit - Daily Trading using SMA

  • #10,061
  • May 4, 2018 5:37pm May 4, 2018 5:37pm
Quoting Oddbjorg
{quote} Hello This is hard to say. After BK8's way of doing this, he would have waited undtil my blue line on the in sl to go out. Last candle + 15 pips. I think he just let it be and look the other way, and waited for ages. Usually I would take it when it is that many pips. But I think I will let it stay untill approx 1.76 for the learning's sake. Then I will have 100 pips - so ... see you then. BUT DON'T DO THE SAME THING - because of my post. See you then and take care. {image}
Take profit filled at 1.738......240pips......had I been watching live I may have hung on....but a good result to close the week.
Its all just one persons opinion
  • #10,062
  • May 4, 2018 6:06pm May 4, 2018 6:06pm
Hi folks, new to all this, and still trying out on a demo account, but thought I'd share the trades I took yesterday based on this system.

1. Short EUR/NZD, which didn't work out as seen, but would have worked well the previous day.

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2. Short GBP/AUD. I had some regard for the earlier post here about AUD strength, so took this even though the candlestick was touching the BB lower band; interesting to me that on the first post in this thread, BB is mentioned as optional, while the criteria mention it. Not binding then, I would presume, and more of a guidance, although maybe the more experienced users of this system have their own thoughts on that.

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3. Short GBP/JPY

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4. Long USD/TRY. This worked out better than it looks on the chart, as I got out of the trade around lunchtime GMT near the top of the wick, and before NFP.

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Just started the learning, but a decent day overall. UK bank holiday on Monday, but will post more trades next week. Have a good weekend all!
  • #10,063
  • May 6, 2018 8:47pm May 6, 2018 8:47pm
Hello. Is this an entry 2 days ago?
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  • #10,064
  • May 6, 2018 9:31pm May 6, 2018 9:31pm
Quoting andrern2000
Hello. Is this an entry 2 days ago? {image}
Yes.
I bought 2 days ago. Although the price is right at mid band, it was a long candle and pushed the price out of the previous sideways. For me it is very valuable to place orders
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  • #10,065
  • May 7, 2018 10:40pm May 7, 2018 10:40pm
Hello. I try to enter EURGBP. I think this is an entry setup.
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  • #10,066
  • May 7, 2018 11:00pm May 7, 2018 11:00pm
Quoting andrern2000
Hello. I try to enter EURGBP. I think this is an entry setup. {image}
Me too, GBP strong.
  • #10,067
  • May 8, 2018 12:42am May 8, 2018 12:42am
me 3, lets see
  • #10,068
  • Edited 3:05pm May 8, 2018 4:00am | Edited 3:05pm
Hello
Conservative? - Maybe good to wait for

EC sma really pointing upwards
EG sma really pointing downwards
GC keep the path at Tokyo open

Take care.
Oddbjørg
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All the best to all of you. But don't follow me. I am a learner.
  • #10,069
  • May 8, 2018 6:55pm May 8, 2018 6:55pm
Quoting Oddbjorg
Hello Conservative? - Maybe good to wait for EC sma really pointing upwards EG sma really pointing downwards GC keep the path at Tokyo open Take care. Oddbjørg {image} {image} {image}
Hello
Eg and/or Gc
All the best.
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
  • #10,070
  • May 8, 2018 7:14pm May 8, 2018 7:14pm
[quote=Oddbjorg;11036193]

Thanks yes I'm in on GC from 1.7511 hoping for 1.769 or better....time will tell
Its all just one persons opinion
  • #10,071
  • May 9, 2018 7:15am May 9, 2018 7:15am
Quoting Oddbjorg
Hello Conservative? - Maybe good to wait for EC sma really pointing upwards EG sma really pointing downwards GC keep the path at Tokyo open Take care. Oddbjørg {image} {image} {image}
The EC looks entriable after that candle close.

Quoting TinhDuy
{quote} Me too, GBP strong.
Why did you think GBP strong? Where/what website do you get fundamental information?

I try to enter CADCHF.
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GCAD looks so entriable, followed by the SMA not really pointing upward. I think we can enter on this?
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  • #10,072
  • May 10, 2018 11:51am May 10, 2018 11:51am
Quoting andrern2000
I try to enter CADCHF. {image} GCAD looks so entriable, followed by the SMA not really pointing upward. I think we can enter on this? {image}
CADCHF and GBPCAD both stopped out.
  • #10,073
  • May 12, 2018 9:04am May 12, 2018 9:04am
Flat smas I think...
  • #10,074
  • May 14, 2018 7:36am May 14, 2018 7:36am
Shame I didn't enter this one! Ahh!!
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I wait this candle close. I think it's a good entry?
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  • #10,075
  • May 14, 2018 6:28pm May 14, 2018 6:28pm
Hi Andrern

Im just going through this thread again
Can u update me on the sma we are using.....I have 5 with a shift of 3 from BKs post #30....I dont think u have any shift on yours..

Good trading
  • #10,076
  • May 14, 2018 8:06pm May 14, 2018 8:06pm
Quoting TC48
Hi Andrern Im just going through this thread again Can u update me on the sma we are using.....I have 5 with a shift of 3 from BKs post #30....I dont think u have any shift on yours.. Good trading
Hello
SMA 5 - and nothing more.
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
  • #10,077
  • May 14, 2018 8:29pm May 14, 2018 8:29pm
Hello
Interresting pair - might get out of sidewaysroute - if there comes new strength
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All the best to all of you. But don't follow me. I am a learner.
  • #10,078
  • May 14, 2018 8:34pm May 14, 2018 8:34pm
Hello
Interresting pair - maybe refreshed and broken through mid bb - might be a signal - but of course close to upper bb -
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All the best to all of you. But don't follow me. I am a learner.
  • #10,079
  • May 15, 2018 12:30am May 15, 2018 12:30am
I went in long EU yesterday at candle opening...looked good until the us news came up!
lets see how....
  • #10,080
  • Edited 12:02pm May 15, 2018 10:41am | Edited 12:02pm
Hello.
I just started to read this thread. The first post has the EMA set at 5, with 0 shift. However, other posts have the EMA set at 5, shift 3. Did the EMA set-up change to using 0 for the shift?

Thanks for replying!
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