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Daily Chart w/ 10sma

  • #1,101
  • May 18, 2012 4:36pm May 18, 2012 4:36pm
subbed on this one. I am interested in trading daily trendlines and support and resistance. I will post more when I get home.
I may not be able to, seeing as I am still a junior member.
  • #1,102
  • May 18, 2012 8:18pm May 18, 2012 8:18pm
Quoting Landfar
Went short Euro AUD also i see the TL under but one above also so with all the bad news out there on the euro I'm expecting it to break south.

We will see
looks like it may have broken up instead of down.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud chart.PNG Size: 49 KB
  • #1,103
  • May 20, 2012 5:53pm May 20, 2012 5:53pm
GBPAUD setting up nicely.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud20MAY.PNG Size: 45 KB
  • #1,104
  • May 20, 2012 8:06pm May 20, 2012 8:06pm
yes it did exactle the oppisit I Figured all last week was that way for me
but thats why we have money management
  • #1,105
  • May 21, 2012 7:15am May 21, 2012 7:15am
Quoting Landfar
yes it did exactle the oppisit I Figured all last week was that way for me
but thats why we have money management
Money management for the win!
I was also expecting it to break that trendline and head down.
  • #1,106
  • May 21, 2012 7:44am May 21, 2012 7:44am
Quoting dafox1
Money management for the win!
I was also expecting it to break that trendline and head down.
I wanted to sell a break of the downtrend line too. However it was not to be...

Olu
If you think you can or cannot do it you are correct
  • #1,107
  • May 21, 2012 2:05pm May 21, 2012 2:05pm
Is anyone in on the eur/aud break? I am short in the retracement right now, but I may go long after a small retracement. Maybe tonight.
  • #1,108
  • May 23, 2012 5:25am May 23, 2012 5:25am
In long on the gbpaud and eur aud. entered after these retracements. Really no movement yet. Waiting waiting. SL is the trendline established after the new lows.
  • #1,109
  • May 30, 2012 3:56am May 30, 2012 3:56am
Anyone still using this system?

I've been reading though the whole thread and it looks like this system would fit the way I want to trade.

It's very quite in the thread now, it that because it wasn't any good and you people moved on to other systems?
  • #1,110
  • May 30, 2012 5:47am May 30, 2012 5:47am
This system is good. As with most things folks over complicate. Read the author's posts and practice the method as he described.
Don't worry about the crowd.


Quoting knutson
Anyone still using this system?

I've been reading though the whole thread and it looks like this system would .......?
  • #1,111
  • Jun 2, 2012 6:41pm Jun 2, 2012 6:41pm
This is my first post on this thread and I have to apologise for my login name - scalping is what I used to do and I always seemed to be the one getting scalped!

I have been testing this strategy for the month of May on my demo account in it's "pure" form as it was introduced by BKG and it’s worked very well for me.

As I "evolved" and grew to understand this elegant strategy and I have tried to stay focused BKG’s critical areas to pay attention to; buy or sell based on Trend, S&R, 200sma and of course the 10sma. I'm looking forward to June and hope to go live soon.

Thank you BKG for this.
Enter Signature
  • #1,112
  • Jun 2, 2012 8:32pm Jun 2, 2012 8:32pm
Guys Pl. look at attached chart of last friday. Should I short it since it has gone down 10 sma??
Thanks,
Bomi
Attached Image (click to enlarge)
Click to Enlarge Name: ptt.gif Size: 60 KB
  • #1,113
  • Jun 4, 2012 3:46am Jun 4, 2012 3:46am
I'd be interested to know also

Just for clarity here
  • #1,114
  • Jun 5, 2012 10:35am Jun 5, 2012 10:35am
Quoting heath
This system is good. As with most things folks over complicate. Read the author's posts and practice the method as he described.
Don't worry about the crowd.
Thank you very much!! There is not a perfect system out here anywhere. I have not posted lately because I got a little disquested at people trying to make it so dang complicated. Did anyone take the four pair I asked you to try months ago?....AUD/CAD, CHF/JPY, EUR/NZD, GBP/USD
Please ask questions and share your experiences with us all!
  • #1,115
  • Edited 2:17pm Jun 5, 2012 10:48am | Edited 2:17pm
Quoting bkg102665
Thank you very much!! There is not a perfect system out here anywhere. I have not posted lately because I got a little disquested at people trying to make it so dang complicated. Did anyone take the four pair I asked you to try months ago?....AUD/CAD, CHF/JPY, EUR/NZD, GBP/USD
If anyone did what I asked and took every trade that those four pair had produced since the middle of march you would have made well over 2000 pips.
Please ask questions and share your experiences with us all!
  • #1,116
  • Jun 5, 2012 12:35pm Jun 5, 2012 12:35pm
Quoting behman8850
Guys Pl. look at attached chart of last friday. Should I short it since it has gone down 10 sma??
Thanks,
Bomi
guys can you believe me I did NOT TAKE that Gbp/chf trade which chart I showed you! Otherwise I would be in profit for 200 pips!!
You Have to Believe in Yourself to suceed in anything! Lesson learnt for next time! LOL
Bomi
  • #1,117
  • Jun 5, 2012 6:13pm Jun 5, 2012 6:13pm
Welcome back, bkg. You were sorely missed. It should be a requirement for anyone to read all of your comments from december 12th, 2011 through today before they ask question one on your thread.
  • #1,118
  • Jun 7, 2012 3:31am Jun 7, 2012 3:31am
One of the best and profitable system I have seen. Thanks to you guys.
I have been trying out the system for weeks now, it's really good and so convenient. More power to your elbow bkg.
Love ya all!
  • #1,119
  • Jun 7, 2012 7:38am Jun 7, 2012 7:38am
Just a couple of trades I am in now. I hope you guys are all doing well!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 060712.gif Size: 18 KB
Click to Enlarge Name: 060712eur.gif Size: 16 KB
Please ask questions and share your experiences with us all!
  • #1,120
  • Jun 8, 2012 10:00pm Jun 8, 2012 10:00pm
Thanks beyond words.
bkg your method is so nice!
Nice person, nice method!
Good pipping to all!
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