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62 sma system

  • #21
  • Nov 16, 2009 5:07am Nov 16, 2009 5:07am
Good Going Mike...I also follow SMA..but today with few pips looses on a 15 M chart, i am thinking to trade on 5 M charts.

Dont you want for MA crossover- i mean dont you wait when 62 sma crosses 248 SMA either from below or up?
  • #22
  • Nov 16, 2009 7:15am Nov 16, 2009 7:15am
Quoting kingfisher
Good Going Mike...I also follow SMA..but today with few pips looses on a 15 M chart, i am thinking to trade on 5 M charts.

Dont you want for MA crossover- i mean dont you wait when 62 sma crosses 248 SMA either from below or up?

no I use breaks of s/r or trend lines

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  • #23
  • Nov 16, 2009 7:31am Nov 16, 2009 7:31am
I trade primarily using the 21 & 60 ema on the 5 min charts. I will also use the 5/10 emas to trade off of in a strong trend.
  • #24
  • Nov 16, 2009 11:47am Nov 16, 2009 11:47am
good day to trade!!

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  • #25
  • Nov 16, 2009 8:45pm Nov 16, 2009 8:45pm
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watching
  • #26
  • Nov 16, 2009 9:11pm Nov 16, 2009 9:11pm
Hi Mike

congrats on your success, i shot you a pm. Not sure if you received it but it seems we have a similar approach. best wishes

z
  • #27
  • Nov 16, 2009 9:22pm Nov 16, 2009 9:22pm
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good night
  • #28
  • Edited 2:57pm Nov 17, 2009 2:36pm | Edited 2:57pm
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two sets of trades on since this morning

A lot of nothings going on today
the 1st target on the eur.jpy was taken out for $906 dollars.

jim
  • #29
  • Nov 17, 2009 3:54pm Nov 17, 2009 3:54pm
Hi,

It looks like you won one and lost two on these trades last night.

Quoting mike232
Attachment

good night
It's All About Attitude ...
  • #30
  • Nov 18, 2009 3:47pm Nov 18, 2009 3:47pm
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  • #31
  • Nov 19, 2009 1:04pm Nov 19, 2009 1:04pm
Quoting Billser
Hi,

It looks like you won one and lost two on these trades last night.

sorry ben very busy
here are my trades and the totals

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  • #32
  • Nov 19, 2009 4:54pm Nov 19, 2009 4:54pm
Very impressive...congrats


Quoting mike232
sorry ben very busy
here are my trades and the totals

Attachment
It's All About Attitude ...
  • #33
  • Nov 20, 2009 3:32am Nov 20, 2009 3:32am
last nights 3 trades
two tp hit
I closed the 3rd trade

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  • #34
  • Nov 22, 2009 6:47pm Nov 22, 2009 6:47pm
Hi

Please give us more details on how you arrive at your entries and exits and SL


thanks
  • #35
  • Last Post: Edited 9:24am Nov 24, 2009 9:06am | Edited 9:24am
Quoting mike232
last nights 3 trades
two tp hit
I closed the 3rd trade

Attachment

As a suggestion, have you considered using a MA for your exits?

on your GU trade using a 21 EMA for exit, you would have gained about 45 extra pips.


Steve.
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