Monthly Profit - Daily Trading using SMA | Page 612 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #12,221
  • May 12, 2022 12:06pm May 12, 2022 12:06pm
OK 1st entry EURUSD is developing nicely.
I was worried that I am too close to BB band but we will see...
Attached Image (click to enlarge)
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  • #12,222
  • May 12, 2022 1:36pm May 12, 2022 1:36pm
huge moves on JPY today...
  • #12,223
  • May 13, 2022 3:40am May 13, 2022 3:40am
As part of studing the strategy, I enjoy writing some of my thought process on the chart and take a screenshot.

Attached Image (click to enlarge)
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  • #12,224
  • May 13, 2022 3:44am May 13, 2022 3:44am
This one could be a good settup
Attached Image (click to enlarge)
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  • #12,225
  • May 15, 2022 9:26am May 15, 2022 9:26am
Quoting Stingy
This one could be a good settup {image}
yes. It is also on my list.

Friday has some nice moves.
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  • #12,226
  • May 15, 2022 2:05pm May 15, 2022 2:05pm
Quoting maxwell87
{quote} yes. It is also on my list. Friday has some nice moves.
I am a bit hasitant about all of them (probably because Im new to this strategy).

Other than EURGBP, non have the ema pointing in the direction of the trade.
And EURGBP is coming near 200ema, TL and pivot.

Attached Image (click to enlarge)
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I am curious to see how it will develop..
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  • #12,227
  • May 16, 2022 1:05pm May 16, 2022 1:05pm
This one I like
Attached Image (click to enlarge)
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  • #12,228
  • May 17, 2022 2:31am May 17, 2022 2:31am
I guess I got lucky this week.

All are running in profit. EURCHF not triggered and canceled.

stay safe
  • #12,229
  • May 17, 2022 2:44am May 17, 2022 2:44am
Quoting maxwell87
I guess I got lucky this week. All are running in profit. EURCHF not triggered and canceled. stay safe
Thats great!

I may be too cautios.
It will take time to get the feel for how much and when I need to stick to the rules and when they could be bent..

Meanwhile this one started to move...
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And there are quite a few settups that I like today
For example this one
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Greem pips and a beautiful day
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  • #12,230
  • May 18, 2022 11:23pm May 18, 2022 11:23pm
EURUSD buy signal looking good. I will add my second position only after closing above BB middle band and RSI above 50 though.
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I used to be indecisive but now I'm not so sure...
  • #12,231
  • May 22, 2022 11:43am May 22, 2022 11:43am
A few signals to consider.
All the best.
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I used to be indecisive but now I'm not so sure...
  • #12,232
  • May 22, 2022 1:08pm May 22, 2022 1:08pm
And for those including metals in their trading:
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I used to be indecisive but now I'm not so sure...
  • #12,233
  • May 29, 2022 1:34pm May 29, 2022 1:34pm
So to summarise: most signals were winners except a stop-loss in EURNZD and break even stop on USDCNH and XAUUSD. Not too bad.
I used to be indecisive but now I'm not so sure...
  • #12,234
  • May 30, 2022 2:44pm May 30, 2022 2:44pm
Quoting Filipo1
So to summarise: most signals were winners except a stop-loss in EURNZD and break even stop on USDCNH and XAUUSD. Not too bad.
Not bad at all.
  • #12,235
  • Jun 1, 2022 11:34pm Jun 1, 2022 11:34pm
Sell signal on EURUSD supported by divergence on RSI.
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I used to be indecisive but now I'm not so sure...
  • #12,236
  • Jun 8, 2022 7:36am Jun 8, 2022 7:36am
I just read through this thread this 2 days, very interesting! Thanks BK8 for this system!!

may I know how many of you still actively trade with this system?
and how is the result so far, consistent? roughly how much profit monthly you generating?
  • #12,237
  • Jun 11, 2022 9:21am Jun 11, 2022 9:21am
Hello everyone, very happy to be here with you and thank you Bk8 for sharing his strategy, I knew forex factory for a long time but I never registered and it is by discovering this incredible thread that I finally decided to take action, it's been a few years that I'm passionate about trading but I'm still not profitable for all that, it's a long way to go through. For a very long time I've been going around in circles looking for a strategy that suits me and the mindset that goes with it and I think I've found it with this thread
  • #12,238
  • Jun 15, 2022 2:43am Jun 15, 2022 2:43am
Difficult not to make money with this one, I hope you could all fill your tank.
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I used to be indecisive but now I'm not so sure...
  • #12,239
  • Jun 15, 2022 10:26am Jun 15, 2022 10:26am
are the rules for opening an exchange as described on page 1 or have new rules been added?
possible to operate with a 1k€ account, risking 2% on each trade?
  • #12,240
  • Jun 15, 2022 9:18pm Jun 15, 2022 9:18pm
Quoting Bk8
{quote} Good start, lets stick to this strategy, please keep following in mind 1. Do not close until setup triggers Stoploss itself or cross outer BB or min 3 candles profit. 2. Do not take risk more than 10% of total account, 3% is safe though.
this is rules by thread owner, hope can help you andry89.
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