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Monthly Profit - Daily Trading using SMA

  • #11,921
  • Aug 30, 2021 6:13am Aug 30, 2021 6:13am
Promising strategy.

How about putting up a telegram/discord group to share potential trades and discuss? The feedback will be immediate and we have higher chances of entering the trade at right time.
  • #11,922
  • Aug 30, 2021 6:27am Aug 30, 2021 6:27am
IMO that is a great idea!
  • #11,923
  • Aug 30, 2021 11:46am Aug 30, 2021 11:46am
Interresting pair
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All the best to all of you. But don't follow me. I am a learner.
  • #11,924
  • Aug 31, 2021 5:44am Aug 31, 2021 5:44am
Sell continuation on GBPAUD
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I used to be indecisive but now I'm not so sure...
  • #11,925
  • Sep 3, 2021 3:49am Sep 3, 2021 3:49am
Quoting Filipo1
Sell continuation on GBPAUD {image}
Hi there, the reason I was mentioning « continuation » is because the primary signal wasn’t 100% related to this thread’s strategy but more to candlesticks patterns and BB.
When you see a reversal pattern like the one shown below in the oval and additionally occurring with price action breaching upper/lower BB and to top it off with RSI in overbought/oversold, it doesn’t make much sense to wait for the SMA5 to point in any direction.
All the best.
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I used to be indecisive but now I'm not so sure...
  • #11,926
  • Sep 3, 2021 5:23am Sep 3, 2021 5:23am
Quoting Filipo1
{quote} Hi there, the reason I was mentioning « continuation » is because the primary signal wasn’t 100% related to this thread’s strategy but more to candlesticks patterns and BB. When you see a reversal pattern like the one shown below in the oval and additionally occurring with price action breaching upper/lower BB and to top it off with RSI in overbought/oversold, it doesn’t make much sense to wait for the SMA5 to point in any direction. All the best. {image}
Excellent points - I took 150pips on this pair, should've continuted the trade... but thats okay.
  • #11,927
  • Sep 3, 2021 6:13am Sep 3, 2021 6:13am
Quoting skmr
{quote} Excellent points - I took 150pips on this pair, should've continuted the trade... but thats okay.
Congratulations .

On my end I am square for the long weekend.
I proudly consider myself more and more as a trader and no longer as the gambler I used to be even if I needed some time to admit it.
All the best.
I used to be indecisive but now I'm not so sure...
  • #11,928
  • Sep 3, 2021 7:28am Sep 3, 2021 7:28am
Quoting Filipo1
{quote} Congratulations . On my end I am square for the long weekend. I proudly consider myself more and more as a trader and no longer as the gambler I used to be even if I needed some time to admit it. All the best.
Enjoy your long weekend.

Congrats for being a trader bud.. takes discipline, patience for grit.

I am 'this' close to be out of being gambler..
  • #11,929
  • Sep 3, 2021 10:51am Sep 3, 2021 10:51am
hi,
just two question.
The SMA is a simple or smoothed moving average?
The inputs are 5,0 right?
Thank you!
  • #11,930
  • Sep 3, 2021 7:48pm Sep 3, 2021 7:48pm
SMA 5,0

Simple Moving Average
  • #11,931
  • Sep 4, 2021 10:03am Sep 4, 2021 10:03am
Quoting Bobcat2
SMA 5,0 Simple Moving Average
Thank you!
Another question: we use the first rule for entry (cross candle) or sma looking up or down?
  • #11,932
  • Sep 5, 2021 2:28am Sep 5, 2021 2:28am
Quoting Ppin12
{quote} Thank you! Another question: we use the first rule for entry (cross candle) or sma looking up or down?
Hi Ppin12, please read carefully post #1 where the author of this thread’s strategy made a clear summary of updated rules.
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I used to be indecisive but now I'm not so sure...
  • #11,933
  • Sep 5, 2021 8:53am Sep 5, 2021 8:53am
Quoting Filipo1
{quote} Hi Ppin12, please read carefully post #1 where the author of this thread’s strategy made a clear summary of updated rules. {image}
okay, thank you!
  • #11,934
  • Sep 7, 2021 7:58am Sep 7, 2021 7:58am
Quoting Filipo1
Sell continuation on GBPAUD {image}
Did you sell this pair because SMA line is flat, no?
Guppy re-invented All Time Return: 83.3%
  • #11,935
  • Sep 7, 2021 9:22am Sep 7, 2021 9:22am
Is it good setup on this EURUSD daily chart?

We open trades at the close of candle on the blue (buy) and red (sell) vertical lines.
Attached Image (click to enlarge)
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Guppy re-invented All Time Return: 83.3%
  • #11,936
  • Sep 7, 2021 9:27am Sep 7, 2021 9:27am
Quoting 8tango
Is it good setup on this EURUSD daily chart? We open trades at the close of candle on the blue (buy) and red (sell) vertical lines. {image}
yes, i also keep my eyes for short this night
Fake it till you make it
  • #11,937
  • Sep 7, 2021 9:28am Sep 7, 2021 9:28am
Quoting 8tango
Is it good setup on this EURUSD daily chart? We open trades at the close of candle on the blue (buy) and red (sell) vertical lines. {image}
you get in ?? or you Wait Daily Candle Closed ??
Fake it till you make it
  • #11,938
  • Sep 7, 2021 9:34am Sep 7, 2021 9:34am
GBPUSD daily
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Fake it till you make it
  • #11,939
  • Sep 7, 2021 9:49am Sep 7, 2021 9:49am
Quoting Miloncef
{quote} you get in ?? or you Wait Daily Candle Closed ??
I wait daily candle closed before to open trade.
Guppy re-invented All Time Return: 83.3%
  • #11,940
  • Sep 7, 2021 10:51am Sep 7, 2021 10:51am
Quoting 8tango
{quote} I wait daily candle closed before to open trade.
the spread in the closed daily candle it will be very high !!!
how's u doing ???
Fake it till you make it
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