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Monthly Profit - Daily Trading using SMA

  • #11,361
  • Nov 14, 2019 7:00am Nov 14, 2019 7:00am
Thank you AbbasRizvi for your simple strategy.

Very clear, and profitable.
  • #11,362
  • Nov 14, 2019 7:50am Nov 14, 2019 7:50am
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
  • #11,363
  • Nov 14, 2019 1:22pm Nov 14, 2019 1:22pm
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
  • #11,364
  • Nov 15, 2019 3:15pm Nov 15, 2019 3:15pm
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!
  • #11,365
  • Nov 17, 2019 1:41pm Nov 17, 2019 1:41pm
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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  • #11,366
  • Nov 17, 2019 2:08pm Nov 17, 2019 2:08pm
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?
  • #11,367
  • Nov 17, 2019 5:00pm Nov 17, 2019 5:00pm
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.
  • #11,368
  • Nov 17, 2019 9:00pm Nov 17, 2019 9:00pm
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 ?
  • #11,369
  • Nov 18, 2019 4:08am Nov 18, 2019 4:08am
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.
  • #11,370
  • Nov 18, 2019 7:32am Nov 18, 2019 7:32am
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...
  • #11,371
  • Nov 18, 2019 8:07am Nov 18, 2019 8:07am
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.
  • #11,372
  • Nov 18, 2019 8:24pm Nov 18, 2019 8:24pm
Try this strategy on demo account
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  • #11,373
  • Nov 18, 2019 8:26pm Nov 18, 2019 8:26pm
Second position
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  • #11,374
  • Nov 19, 2019 3:53am Nov 19, 2019 3:53am
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.
  • #11,375
  • Nov 19, 2019 4:03am Nov 19, 2019 4:03am
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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  • #11,376
  • Nov 19, 2019 4:16am Nov 19, 2019 4:16am
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....!
  • #11,377
  • Nov 19, 2019 1:53pm Nov 19, 2019 1:53pm
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...
  • #11,378
  • Edited 3:55am Nov 20, 2019 2:55am | Edited 3:55am
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...
  • #11,379
  • Nov 22, 2019 4:05am Nov 22, 2019 4:05am
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
  • #11,380
  • Nov 23, 2019 7:30am Nov 23, 2019 7:30am
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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