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Monthly Profit - Daily Trading using SMA

  • #11,601
  • Jun 11, 2020 12:05am Jun 11, 2020 12:05am
Quoting Oddbjorg
{quote} It means.. I will take a small position and the % is about how sure I am to get profit.
hi Oddbjorg, could you tell how long u've been using this and it is profitable means winning ration 70/30 like that
  • #11,602
  • Jun 11, 2020 6:35am Jun 11, 2020 6:35am
Quoting tradealltime
{quote} hi Oddbjorg, could you tell how long u've been using this and it is profitable means winning ration 70/30 like that
Hello
Started Aug. 2016. Ghibli was my teacher. Yes, the system works for us in our team. (60-65%) All the best.
All the best to all of you. But don't follow me. I am a learner.
  • #11,603
  • Jun 11, 2020 10:34am Jun 11, 2020 10:34am
Quoting Oddbjorg
{quote} Hello Started Aug. 2016. Ghibli was my teacher. Yes, the system works for us in our team. (60-65%) All the best.
great
  • #11,604
  • Jun 13, 2020 11:59am Jun 13, 2020 11:59am
Guys im new here and i read the 1 post a couple more and i notice that you guys sometimes use 5,3 sma or 5,0 sma...
and im confused....
please help me! what has changed? what are the right entry rules?

thank you guys!
  • #11,605
  • Jun 13, 2020 6:31pm Jun 13, 2020 6:31pm
Quoting money123456
{quote} BK8 has not ben around for a long time. SMA was switched to no shift after some time in the forum.
Why they switched the shift??
  • #11,606
  • Jun 14, 2020 2:10am Jun 14, 2020 2:10am
EURUSD The wick below last daily close is not really engaging.
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I used to be indecisive but now I'm not so sure...
  • #11,607
  • Jun 14, 2020 2:12am Jun 14, 2020 2:12am
EURUSD continued
But the bearish pin bar on the weekly is.
Spot on the upper BB.
Attached Image (click to enlarge)
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I used to be indecisive but now I'm not so sure...
  • #11,608
  • Jun 14, 2020 2:24am Jun 14, 2020 2:24am
EURUSD continued
Still on the weekly chart it’s worth taking a look at Ichimoku, showing a rejection of Chikou span below the cloud.
Attached Image (click to enlarge)
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I used to be indecisive but now I'm not so sure...
  • #11,609
  • Jun 14, 2020 10:31am Jun 14, 2020 10:31am
Quoting jandelichte
{quote} Why they switched the shift??
Hello and welcome.
BK8 did make a change in the strategy to that the setting for sma is 5 shift 0. Am not able to explain and have not tested the difference in the systems.
All the best.
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
  • #11,610
  • Jun 14, 2020 4:15pm Jun 14, 2020 4:15pm
Quoting Oddbjorg
{quote} Hello and welcome. BK8 did make a change in the strategy to that the setting for sma is 5 shift 0. Am not able to explain and have not tested the difference in the systems. All the best. Oddbjørg
Ty very much!
  • #11,611
  • Jun 14, 2020 4:16pm Jun 14, 2020 4:16pm
What do you guys think of this trades?
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  • #11,612
  • Jun 14, 2020 7:58pm Jun 14, 2020 7:58pm
Quoting Filipo1
EURUSD continued Still on the weekly chart it’s worth taking a look at Ichimoku, showing a rejection of Chikou span below the cloud. {image}
First, Filipo these are really beautiful charts. Clean, attractive and easy to study.

Secondly, your use of the 24, 52,9 on the D1 is very interesting. I have seen this before and just moved on, but now seeing you utilizing these MACD settings I know it is time for a deeper look.

Thirdly, and most notable to me is your chikou span observation. Even many who use (some of) the Ichimoku system often disregard the CS, but pay attention everyone when it pops above (or below) price. Your use is doubly interesting where you note the rejection at the kumo by the CS. I have never seen anyone write about that before. Thanks for sharing your observation, and a very good one at that.

Finally, I think you are right. It is always useful to do a check of the Ichimoku in your trade evaluations.

As always, best regards.
  • #11,613
  • Jun 15, 2020 3:55pm Jun 15, 2020 3:55pm
2 more trades for today!
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  • #11,614
  • Edited 6:48am Jun 16, 2020 6:03am | Edited 6:48am
Hello
Keeping an eye on it at next Tokyo open. Not ok yet... Sma has to point southwards.
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All the best to all of you. But don't follow me. I am a learner.
  • #11,615
  • Jun 16, 2020 6:10am Jun 16, 2020 6:10am
Quoting Oddbjorg
Hello Keeping an eye next Tokyo open. Not ok yet... Sma has to point southwards. {image}
Hey man are you good?
So, can you tell me if this strategy is still profitable even with the current situation in the world???
  • #11,616
  • Jun 16, 2020 6:47am Jun 16, 2020 6:47am
Quoting jandelichte
{quote} Hey man are you good? So, can you tell me if this strategy is still profitable even with the current situation in the world???
It has not been easy for any trader - what ever strategy - we are using- I think lately. . The less explosive chocking pair for me has been Gbpusd. So calm decisions and following the diverse timeframes has worked the best for me. But no we will just have to wait and study charts. Well I'll stop here unless I start talking and fill up the thread. All the best.
All the best to all of you. But don't follow me. I am a learner.
  • #11,617
  • Edited 11:42pm Jun 18, 2020 11:24pm | Edited 11:42pm
The moment of truth for EURUSD.
The Bollinger middle band can be tricky. I took half of my profit here, the remaining position is at break even.
I will certainly re-enter short if the pair closes well below the middle band and possibly 61.8 Fibonacci due to the obvious divergence with MACD.
All the best.
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I used to be indecisive but now I'm not so sure...
  • #11,618
  • Jun 26, 2020 3:03am Jun 26, 2020 3:03am
Quoting Filipo1
The moment of truth for EURUSD. The Bollinger middle band can be tricky. I took half of my profit here, the remaining position is at break even. I will certainly re-enter short if the pair closes well below the middle band and possibly 61.8 Fibonacci due to the obvious divergence with MACD. All the best. {image}
nice analysis
Be fearful when others are greedy
  • #11,619
  • Jul 1, 2020 8:24pm Jul 1, 2020 8:24pm
Testing this system for a week now (demo account)... still looks great !
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  • #11,620
  • Jul 14, 2020 7:27am Jul 14, 2020 7:27am
Hello
Interresting pair - BUT with GBP you never know - it can turn in a heartbeat.
Strange days for chartstudying.
All the best.
Oddbj.
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All the best to all of you. But don't follow me. I am a learner.
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