Attachments: simple sma system

simple sma system

#1
First Post: Nov 1, 2006 5:09pm Nov 1, 2006 5:09pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

draw a 10 sma with h +l\2

bbandstop length 10

wait till there is a close below the sma
and take profit when there is a close above the sma
see picture

Attached Image

#2
Nov 1, 2006 5:18pm Nov 1, 2006 5:18pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

here another

Attached Image

#3
Nov 1, 2006 5:21pm Nov 1, 2006 5:21pm

CTGUY
| Membership Revoked | Joined Jun 2008 | 914 Posts

Thanks for sharing with us!

"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."

#4
Nov 1, 2006 5:31pm Nov 1, 2006 5:31pm

shaimus
| Joined Aug 2006 | Status: Trader | 52 Posts

Yes thanks for sharing.. Question though.. Do you ever put in a short trade?? seems to me just by looking at the charts that you have posted that the same rules would apply and give added pips..

Thanks

Shaimus

#5
Nov 1, 2006 5:35pm Nov 1, 2006 5:35pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

i changed the sma 10 to a smooth 2 /with price type open so i
would get more trades see picture

Attached Image

#6
Nov 1, 2006 5:58pm Nov 1, 2006 5:58pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

lastest thirty min chart

Attached Image

#7
Nov 1, 2006 6:26pm Nov 1, 2006 6:26pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

lastest 4hr chart

Attached Image

#8
Nov 1, 2006 6:35pm Nov 1, 2006 6:35pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

lastest 1hr

Attached Image

#9
Nov 1, 2006 7:03pm Nov 1, 2006 7:03pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

changed to 1sma medium price
bbandstop to lenght 5

latest 1 hr

Attached Image

#10
Nov 1, 2006 7:05pm Nov 1, 2006 7:05pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

here are the markers

Attached Image

#11
Nov 1, 2006 7:25pm Nov 1, 2006 7:25pm

akbtrader
| Joined Feb 2006 | Status: Trader | 18 Posts

sshhmmuueell]What does the info after the sma mean?

#12
Nov 1, 2006 7:29pm Nov 1, 2006 7:29pm

nutmg12
| Joined Mar 2005 | Status: Trader | 228 Posts

This is interesting. I've never thought about a strategy for consolidation. What is the bbandstop? I don't see it in my indicator list. I tried to search for it but didnt find it there either.

#13
Nov 1, 2006 7:46pm Nov 1, 2006 7:46pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

this should answer the last two ??/

Attached Images

#14
Nov 1, 2006 8:08pm Nov 1, 2006 8:08pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

Quoting sshhmmuueell

Disliked

here are the markers

Ignored

made aminor mistake with some of the drawings on this chart

#15
Nov 1, 2006 8:40pm Nov 1, 2006 8:40pm

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

I hope I am not boring you guys
latest weekly chart

Attached Images

#16
Nov 2, 2006 1:29am Nov 2, 2006 1:29am

clam61
| Joined Jun 2006 | Status: Trader | 469 Posts

what do you do for stops? there must be times that the market is in a trend and you keep getting consistent losses. is there a rule for that? some rule to tell you to stay out of hte market ?

#17
Nov 2, 2006 5:17am Nov 2, 2006 5:17am

sshhmmuueell
| Joined Mar 2006 | Status: Trader | 138 Posts

Quoting clam61

Disliked

what do you do for stops? there must be times that the market is in a trend and you keep getting consistent losses. is there a rule for that? some rule to tell you to stay out of hte market ?

Ignored

the bbands should keep me in the trend