Monthly Profit - Daily Trading using SMA

Quoting itsDavid

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A couple of charts to consider. About 40 minutes until they close and nothing hugely exciting. Possibilities, but I might well not be opening anything on today's offerings. GBPNZD looks OK, and the SMA is nicely up. But that top BB is so close and the trend is against us. CHFJPY might not make it, and the SMA down when we want it up. I'm really liking the long tail on top though. GBPUSD looks ok, but it's a small candle which isn't giving a clear direction. SMA is quite flat right now. Low RMI though, and BB lines are way above. {image} {image}...

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Quoting Oddbjorg

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{quote} Hello Cad is extremly weak overall and NCD is somewhat in the middle strong weak for the diverse pair. Better to decide next Tokyo open - see how it turns out for CAD and if the candle get larger and wicks smaller. Just my grandma conservative opinion. Take care.

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Quoting WiPackFan

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New here, but read through threads, curious about AUDCAD, looks like a buy to me? Am I missing something?

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Quoting mtacki

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AC looks interesting... I like the bullish - kinda - pinbar it is forming on daily and weekly though the long trade would be against the trend :-/ {image} {image}

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Quoting itsDavid

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Did anyone find any clear examples of entries today? I just looked a few minutes into the new candle and am seeing nothing. Curious if I missed any?

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Quoting mtacki

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I could not resist and took the short last night- Already regretting it I hate- and should avoid sideways- like BK8 warned from the beginning that was a typical „I have to do SOMETHING“ decision... {image}

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Quoting Craven64

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{quote} There is still time, however if you have doubts about it just get out the trade and re-enter at a better stage. We are all prone to jumping the gun a bit. Win or learn!

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Quoting Patdozie

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{quote} Well said. If u look closely though, price was a bit sideways when u entered. In such a scenario, if u really want to enter, i recommend you use Sell Stop (pending order) and put entry price a bit lower than market price. That way, if price goes your way, it will surely trigger. If not no trade.

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