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Attachments: Monthly Profit - Daily Trading using SMA
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Monthly Profit - Daily Trading using SMA

Quoting Filipo1
EURNZD sell / short compounding signal with great continuation potential. This pair looks great on daily, weekly, monthly. {image} {image} {image}
The pair is checking our nerves… Stop-loss /hedging level was triggered according to this strategy and yesterday’s candlestick makes SMA5 pointing up. Still yesterday’s move remained below RSI 50 and I keep my bearish bias unless today’s close confirms the reversal.
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I used to be indecisive but now I'm not so sure...
Quoting Oddbjorg
Hello NY and AY are interresting pairs. EU is really letting us left waiting. All the best. Oddbjørg {image} {image} {image}
Hi Oddbjorg, all ranging for me, possibly until FOMC statement later today.
All the best.
I used to be indecisive but now I'm not so sure...
Quoting Filipo1
{quote} Hi Oddbjorg, all ranging for me, possibly until FOMC statement later today. All the best.
Agree -
On the AY and NY - charts I wrote "GO" at where I beleive the price has to come to for taking a position.
Thanks - and all the best.

Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
Quoting Filipo1
{quote} The pair is checking our nerves… Stop-loss /hedging level was triggered according to this strategy and yesterday’s candlestick makes SMA5 pointing up. Still yesterday’s move remained below RSI 50 and I keep my bearish bias unless today’s close confirms the reversal. {image}
Stationary situation as the pair is till now unable to break and close over the long term support/resistance line.
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I used to be indecisive but now I'm not so sure...
Interesting Moves...
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Quoting Filipo1
“The trend is my friend”. Do you agree? {image}
Post #12063.
Did you hold it?
Celebration time if you did .
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I used to be indecisive but now I'm not so sure...
Hello,

nice moves:
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Hi all,

I am interested in using this system but realize that this thread was created in 2016.

Was wondering how did it perform since then? Is it still a viable system?
Quoting maxwell87
Hello, nice moves: {image} {image} {image} {image}

dear maxwell..thanks a lot for your message with moving currencies. because that is very helpful to us get knowledge about the method..so but i have a small problem to resolve with you .as per the main rules we have to consider the sma line direction is to get the trade. but my observation aud/cad ,eur/aud until last candle its direct to the opposite direction (aud /cad down side// eur/aud up side). extremely sorry its my seen, because i am newly for this method. so can you explain how can you justify properly the next candle way. please reply when you have a free time .kind regards
@sam1967

that is absolutely correct! we want sma to show direction of candle. when you have moves like these, sma will turn to candle direction 1-2 days after.

entry criteria for me is, price moved along BB and CLEARLY CROSSED sma 5. this can be little edge you need and then proper risk reward...

@fated82:

system works with a few tweeks, proper sl, tp (up to you) and experience. it took me a long time to practice...
Quoting fated82
Hi all, I am interested in using this system but realize that this thread was created in 2016. Was wondering how did it perform since then? Is it still a viable system?
Hello.
Yes, the system works if you take care, and are willing to wait till things are BK8'ish - that is - after the strategi BK8 describes in post 1.
Look at BK8 and and Ghibli's charts and you are well on the going.
All the best.
Oddbjørg.
All the best to all of you. But don't follow me. I am a learner.
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Quoting maxwell87
@sam1967 that is absolutely correct! we want sma to show direction of candle. when you have moves like these, sma will turn to candle direction 1-2 days after. entry criteria for me is, price moved along BB and CLEARLY CROSSED sma 5. this can be little edge you need and then proper risk reward... @fated82: system works with a few tweeks, proper sl, tp (up to you) and experience. it took me a long time to practice...

thanks dear for your cooperation
Quoting sam1967
{quote} thanks dear for your cooperation
Bro! can you list the currency pairs are trading using this strategy? Sorry my english not good.
Quoting nguyenoni
{quote} Bro! can you list the currency pairs are trading using this strategy? Sorry my english not good.

dear i am also newly for this method
Quoting maxwell87
{image} {image}

dear maxwell , i have a another question clarify with you. according to the bk8 trading rules we are unable to enter a new trade when the candle touches/cross BB top/bottom line. but most of the time i have observe when the candle touches top bottom line but sma line cross the candle its further going to the same direction. so dear how can you manage with this situation, reply with you free time .regards
Quoting sam1967
{quote} dear maxwell , i have a another question clarify with you. according to the bk8 trading rules we are unable to enter a new trade when the candle touches/cross BB top/bottom line. but most of the time i have observe when the candle touches top bottom line but sma line cross the candle its further going to the same direction. so dear how can you manage with this situation, reply with you free time .regards
sorry,

i dont understand the question...
Quoting maxwell87
{quote} sorry, i dont understand the question...
in this bk8 rules when candle touches/cross BB top/bottom line ,we have to exit the trade. according to that rule can we enter the new trade during the candle cross top bottom line .
Quoting sam1967
{quote} in this bk8 rules when candle touches/cross BB top/bottom line ,we have to exit the trade. according to that rule can we enter the new trade during the candle cross top bottom line .
yes. Correct.
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