The blue line is 96SMA
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DislikedHello broke, I have been watching this thread for some few weeks and I have adapted the 96SMA for my trading with good results.. Got a good signal on EJ this morning and its its performing as you can see from the chart. {image}Ignored
DislikedThanks for the chart. I will move my stop to break even. Thanks again for showing me the 96SMAIgnored
Dislikedhi broketrader very nice strategy. i am following this strategy on my live account so far good result. please tell me where to take profit? or when we have to close the trade? when ever trend line will be broken or SMA96 ?Ignored
DislikedI'm quite curious about the logic you use to add to position, looks like you are pyramiding, adding more risk as price goes in your favour, but I'm afraid that if you don't use SL is just a matter of time another disaster may occur, am I wrong? Just asking, this way of trading is quite simple and I think it can be profitable but it lacks something and I don't know what it is.Ignored
Disliked{quote} You're not wrong, if you look at my last trades, they all have stop losses, that I have just updated by the way... For the first two I added them at trend-line touch, that was the only logic behind it, for the second pair I added recently it's different as I'm experimenting different things that I don't want to develop yet. That said, if you read the first post, I say on Money Management that everyone has to take his own risk according to his own goals, I don't know if there is more to say about that, I mean, if you follow the system and...Ignored
Dislikedyou have made a very good system i dont know why are you not following your system. euruusd is still in buy according to system but you have added a sell trade.Ignored