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Attachments: Monthly Profit - Daily Trading using SMA
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Monthly Profit - Daily Trading using SMA

Thank you AbbasRizvi for your simple strategy.

Very clear, and profitable.
Quoting vinetum
Thank you AbbasRizvi for your simple strategy. Very clear, and profitable.
Thank you mate, feel free to ask any question any time
Good wishes
thanks dear abbasrizvi.. for your simple valuable trading system. so i am try to follow various ma crossing system by past few period ,but every time i loss my money. because most of the time the ma crossing has given fake signal. dear so how can you manege the that type of fake signal , how do you get the trade entry. do you get entry soon it cross over ??? also how do you put stop loss & take profit. please explain to us when you have free time. thanks in advance & kind regards
Some of you will think I am mad opening just before the weekend but using a daily time frame I personally don't see gaps as too much of a problem.

USDCAD sell.
MAs show a down trend, just had a pin bar followed by todays down bar which has crossed the SMA5. Stoch has crossed downwards in the overbought zone.
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All opinions stated are purely opinions.. I may be wrong!
Quoting slowlyslowly
Some of you will think I am mad opening just before the weekend but using a daily time frame I personally don't see gaps as too much of a problem. USDCAD sell. MAs show a down trend, just had a pin bar followed by todays down bar which has crossed the SMA5. Stoch has crossed downwards in the overbought zone.{image}
On EUR/GBP i expect spectacular reversal to happend pair is on extremly low level!
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Quoting mizi123
{quote} On EUR/GBP i expect spectacular reversal to happend pair is on extremly low level! {image}
Nice indicator. Would you be willing to share? Is it already in the paper clip?
Hello
These are interesting pairs.
All the best.
Oddbjorg
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All the best to all of you. But don't follow me. I am a learner.
Quoting Oddbjorg
Hello These are interesting pairs. All the best. Oddbjorg {image} {image}
Dear Oddbjorg

Hi, I followed you on this topic for a long time and you never gave up this strategy, is this strategy still bring profit for you, till now ?
Quoting blueskykt14
{quote} Dear Oddbjorg Hi, I followed you on this topic for a long time and you never gave up this strategy, is this strategy still bring profit for you, till now ?
Hello.
Yes, this system works for me. Conservative and want to be 55+ sure before going in.
That has not been the case for me for about 2 months or so. I guess it is because of GBP. - But that is getting better now.
But I see profs on here trade with ++ results here, and that is good.
All the best and take care.
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
USDCAD Better check the weekly before selling in my opinion.
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I used to be indecisive but now I'm not so sure...
Quoting Filipo1
USDCAD Better check the weekly before selling in my opinion. {image}
Hello Filipo1
OK I see. It is good to wait for the third confirming candle at least.
Thank you.
Oddbjørg
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All the best to all of you. But don't follow me. I am a learner.
Try this strategy on demo account
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Second position
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Quoting war521
Second position {image}
Hello and welcome amongst us.
Hopefully not being misunderstood I would like to respond:

CadJpy has to many wicks, and is therefore to difficult to make a decision about.
EurJpy has a great upper wick, which means - even if it will go up a bit - it is striving to go up and there is a pressure downwards.
That makes us just want to wait for the pair going south again as its trend also is.
The beginning teachers of this system made some good charts to study.
Fillipo's explanations with MACD. (start with page 4) - -- - Eat and breath them.
https://www.forexfactory.com/search....rchid=22451361
https://www.forexfactory.com/search....rchid=22451400
https://www.forexfactory.com/search....2451562&page=4
That's just an idea for you. But I could be wrong. All the best and take care.
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
Quoting war521
Second position {image}
hi. though it looks promising this is not a valid entry according to the rules as 5MA doesn't point up (yet?). also we are technically still in a short term down trend (LL/LH).


Just saying... I might be wrong as well
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Quoting Et2017
{quote} hi. though it looks promising this is not a valid entry according to the rules as 5MA doesn't point up (yet?). also we are technically still in a short term down trend (LL/LH). Just saying... I might be wrong as well {image}
Is ok but you have to see something more near because these can come were you want maybe after a week....!
Quoting Filipo1
USDCAD Better check the weekly before selling in my opinion. {image}
post#11370. Break-even on both daily-contrarian positions opened on Monday.
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I used to be indecisive but now I'm not so sure...
Quoting Filipo1
{quote} post#11370. Break-even on both daily-contrarian positions opened on Monday. {image}
TP1 achieved.
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I used to be indecisive but now I'm not so sure...
Quoting Oddbjorg
{quote} Hello and welcome amongst us. Hopefully not being misunderstood I would like to respond: CadJpy has to many wicks, and is therefore to difficult to make a decision about. EurJpy has a great upper wick, which means - even if it will go up a bit - it is striving to go up and there is a pressure downwards. That makes us just want to wait for the pair going south again as its trend also is. The beginning teachers of this system made some good charts to study. Fillipo's explanations with MACD. (start with page 4) - -- - Eat and breath them. https://www.forexfactory.com/search....rchid=22451361...
Oddbjorg

Kindly repost the complete links as it does not want to open

Thnx
Quoting KarooVellies
{quote} Oddbjorg Kindly repost the complete links as it does not want to open Thnx
Yes I will.
Go to my profile. Push my buddy Ghibli's name. Now you come his profile push.... images.
Hope it helps, or feel free to pm me.
Oddbjørg.
All the best to all of you. But don't follow me. I am a learner.
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