62 sma system | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

simple sma system 76 replies

Attachments: 62 sma system
Exit Attachments

62 sma system

  • #1
  • First Post: Nov 11, 2009 7:16am Nov 11, 2009 7:16am
My name is jim

I have been trading for a few years.

I trade mostly on the 15 and 5 min. charts

I use only sma 62, and sma 248 on both charts

the 15 min I use to see trend and S and R

the 5 mins for enteries .

does anyone else use system like this
  • #2
  • Nov 11, 2009 8:46am Nov 11, 2009 8:46am
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 57 KB


here is a trade I took

will be back on tonight

jim
  • #3
  • Nov 11, 2009 11:29am Nov 11, 2009 11:29am
does anyone read these things lol

on lunch only two possible set ups

one is good to do

Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 45 KB


jim
  • #4
  • Nov 11, 2009 11:55am Nov 11, 2009 11:55am
Quote
My name is jim

I have been trading for a few years.

I trade mostly on the 15 and 5 min. charts

I use only sma 62, and sma 248 on both charts

the 15 min I use to see trend and S and R

the 5 mins for enteries .

does anyone else use system like this
Jim, Welcome to FF.

I am very much impressed by your simple and profitable trading strategy. I also use SMA on 15 M and 1 H charts.

How much pips you average in a day/week?
  • #5
  • Nov 11, 2009 8:27pm Nov 11, 2009 8:27pm
well not much happening in this trade

Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 61 KB


jim
  • #6
  • Nov 11, 2009 8:28pm Nov 11, 2009 8:28pm
Quoting kingfisher
Jim, Welcome to FF.

I am very much impressed by your simple and profitable trading strategy. I also use SMA on 15 M and 1 H charts.

How much pips you average in a day/week?

thanks

I will post a reply tomorrow when I get time.

jim
  • #7
  • Nov 11, 2009 9:54pm Nov 11, 2009 9:54pm
Quoting mike232
thanks

I will post a reply tomorrow when I get time.

jim
I'm interested in following this method.
/ ... clarifying decisions ... /
  • #8
  • Nov 12, 2009 3:01am Nov 12, 2009 3:01am
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 37 KB


well this trade is over
Both my lots week filled
The 1st lot at .9049 for 10 pips or $1665
The 2nd lot was stopped our at .904 for $494

I had move up the 2nd lot to a small win
after the 1st lot was filed. To have a free trade,


jim
  • #9
  • Nov 12, 2009 3:21am Nov 12, 2009 3:21am
hi,

it seems to be simple and effectiv,i think you trade every cross of price through sma62,trend is up when sma62 above sma248 and vice versa??
Money is made by sitting, not trading. Jesse L. Livermore
  • #10
  • Nov 12, 2009 10:42am Nov 12, 2009 10:42am
well here are two trade set ups I am watching


Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 44 KB



I would like to learn as well
anythought from people
  • #11
  • Nov 12, 2009 11:40am Nov 12, 2009 11:40am
Quoting walb99
If you want to hear something, I would say: try BBands around both MAs
StDev 0.65 for the 62 and 0.75 for the 248
regards

thanks but why
what info to you get from these

thanks
  • #12
  • Nov 12, 2009 11:40am Nov 12, 2009 11:40am
Quoting walb99
If you want to hear something, I would say: try BBands around both MAs
StDev 0.65 for the 62 and 0.75 for the 248
regards
hi,
how is it to trade?,bb20?,what is StDev,sorry
Money is made by sitting, not trading. Jesse L. Livermore
  • #13
  • Nov 12, 2009 10:23pm Nov 12, 2009 10:23pm
Quoting walb99
StDev=Standard Deviation, default is 2
hi,

it means we draw two bbands (20,stdev0.65 and 20,stdev0.75) instead of sma62 and sma248,right?
Money is made by sitting, not trading. Jesse L. Livermore
  • #14
  • Nov 13, 2009 5:23am Nov 13, 2009 5:23am
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 57 KB


charts I wll be watching today.
  • #15
  • Nov 13, 2009 5:26am Nov 13, 2009 5:26am
Quoting kingfisher
Jim, Welcome to FF.

I am very much impressed by your simple and profitable trading strategy. I also use SMA on 15 M and 1 H charts.

How much pips you average in a day/week?

I average two trades a day.
you ask about the number of pips ,this number is all over the place every week is never the same as the last
it seems I win a lot more then I lose,

jim
  • #16
  • Nov 15, 2009 5:48pm Nov 15, 2009 5:48pm
only trading on lot the 1st target its sunday night

Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 19 KB


jim
  • #17
  • Nov 15, 2009 6:02pm Nov 15, 2009 6:02pm
target taken out

Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 25 KB


A quick $3100

cheers

jim
  • #18
  • Nov 15, 2009 7:40pm Nov 15, 2009 7:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 18 KB
  • #19
  • Nov 16, 2009 6:51am Nov 16, 2009 6:51am
lose $6500 both lots sl
  • #20
  • Nov 16, 2009 6:57am Nov 16, 2009 6:57am
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 55 KB


two sets of trades on

jim
0 traders viewing now