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Daily Chart w/ 10sma

  • #1,161
  • Jun 25, 2012 7:31am Jun 25, 2012 7:31am
Quoting angiegiles00
OK - attached is the AUDCAD chart
It all depends on which broker you use and what time of the day the candle closes whether it has closed below the 10sma or not. My IBFX candle has closed below 10sma but my FXDD chart has not yet. I am also short aud/cad.
Attached Image (click to enlarge)
Click to Enlarge Name: 0625audcad.gif Size: 25 KB
Please ask questions and share your experiences with us all!
  • #1,162
  • Jun 25, 2012 7:37am Jun 25, 2012 7:37am
Quoting bkg102665
It all depends on which broker you use and what time of the day the candle closes whether it has closed below the 10sma or not. My IBFX candle has closed below 10sma but my FXDD chart has not yet. I am also short aud/cad.
Thanks for your post BKG

I have been a long time lurker on the FF forums and have been dipping my toes again into FX quite recently. Always looking to learn. I must have the courage to post more charts and analysis and ask questions!

Ang
  • #1,163
  • Jun 25, 2012 7:50am Jun 25, 2012 7:50am
Quoting bkg102665
It all depends on which broker you use and what time of the day the candle closes whether it has closed below the 10sma or not. My IBFX candle has closed below 10sma but my FXDD chart has not yet. I am also short aud/cad.
You are very much correct because on my MT4 by litefx(broker) price of both AUDCAD and NZDUSD has not closed below 10sma that will be by the end of today which means my entry will be by tomorrow if its closed below 10sma
Attached Images
  • #1,164
  • Jun 25, 2012 7:56am Jun 25, 2012 7:56am
Quoting sepramfx
You are very much correct because on my MT4 by litefx(broker) price of both AUDCAD and NZDUSD has not closed below 10sma that will be by the end of today which means my entry will be by tomorrow if its closed below 10sma
You are correct. I am also short nzd/usd based off of my IBFX chart which has closed below the 10sma.
Attached Image (click to enlarge)
Click to Enlarge Name: 0625nzdusd.gif Size: 23 KB
Please ask questions and share your experiences with us all!
  • #1,165
  • Jun 25, 2012 8:00am Jun 25, 2012 8:00am
Yeahhh!!! Glad to see this thread alive!!!

This is my trade on the EURUSD.

Greg.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 30 KB
  • #1,166
  • Jun 25, 2012 8:30am Jun 25, 2012 8:30am
Hi BKG,

could you share your entry EA, please?

Thanks,
Olarion
  • #1,167
  • Jun 25, 2012 8:31am Jun 25, 2012 8:31am
Quoting gregofx
Yeahhh!!! Glad to see this thread alive!!!

This is my trade on the EURUSD.

Greg.
Nice one Greg!

Now for me, EURUSD gives me the jitters!! hahaha...., but I am looking to test this entry on my demo as per strategy and with no emotions involved to see how it pans out..

Thanks for chart

Ang
  • #1,168
  • Jun 25, 2012 8:46am Jun 25, 2012 8:46am
Quoting angiegiles00
Nice one Greg!

Now for me, EURUSD gives me the jitters!! hahaha...., but I am looking to test this entry on my demo as per strategy and with no emotions involved to see how it pans out..

Thanks for chart

Ang
I am short eur/usd of my FXDD charts
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd0626.gif Size: 26 KB
Please ask questions and share your experiences with us all!
  • #1,169
  • Jun 25, 2012 9:12am Jun 25, 2012 9:12am
I am also short the euro/usa since last Thursday. I have just moved my SL down from the 200 pip mark and will move it to break even when I'm up 100 pips. (hopefully!) The only small change I have made to your great stratagy BKG is my SMA is 144 as I like the Fabonacci number.
Attached Image (click to enlarge)
Click to Enlarge Name: june 25 bkg.gif Size: 58 KB
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  • #1,170
  • Jun 25, 2012 12:12pm Jun 25, 2012 12:12pm
just took a short on AUD/USD. I think I'm correct in taking this price has hit down trend line and will close below 10 sma. I know Im a little early on the demo account. Im at alpari UK.

Is this correct?
  • #1,171
  • Jun 25, 2012 6:13pm Jun 25, 2012 6:13pm
I have a page on facebook I have also started for this trading system. Will you please find it and click on the like button. You can look me up on FaceBook as Forex Trading Friends. Thanks
Please ask questions and share your experiences with us all!
  • #1,172
  • Jun 25, 2012 6:13pm Jun 25, 2012 6:13pm
Quoting bkg102665
It all depends on which broker you use and what time of the day the candle closes whether it has closed below the 10sma or not. My IBFX candle has closed below 10sma but my FXDD chart has not yet. I am also short aud/cad.
This is how my AUD/CAD chart looks like. I live in GMT +7 zone.
Attached Image (click to enlarge)
Click to Enlarge Name: aud.cad - 26.png Size: 37 KB
  • #1,173
  • Jun 25, 2012 6:31pm Jun 25, 2012 6:31pm
BKG and friends,

About this different time zone we live in and where the broker located, would it be the disadvantage of this great system?!

The keywords "Closed above/below SMA10" would be relative according to where we and the broker are.

Just a thought.
  • #1,174
  • Jun 25, 2012 6:41pm Jun 25, 2012 6:41pm
Quoting Axau
BKG and friends,

About this different time zone we live in and where the broker located, would it be the disadvantage of this great system?!

The keywords "Closed above/below SMA10" would be relative according to where we and the broker are.

Just a thought.
Some brokers vary what time of the day they close one candle and start a new one. If you and I both have an IBFX account our candles should look the same no matter where we live
Please ask questions and share your experiences with us all!
  • #1,175
  • Jun 25, 2012 6:44pm Jun 25, 2012 6:44pm
Quoting Axau
BKG and friends,

About this different time zone we live in and where the broker located, would it be the disadvantage of this great system?!

The keywords "Closed above/below SMA10" would be relative according to where we and the broker are.

Just a thought.
My new daily candle with FXDD starts at 5pm est and my IBFX candle starts at 8pm est.
Please ask questions and share your experiences with us all!
  • #1,176
  • Jun 25, 2012 6:57pm Jun 25, 2012 6:57pm
Quoting bkg102665
My new daily candle with FXDD starts at 5pm est and my IBFX candle starts at 8pm est.
My broker server is located in HongKong, my new daily candle opens at Tokyo market.
  • #1,177
  • Jun 26, 2012 12:38am Jun 26, 2012 12:38am
Oh what's wrong with my broker? My NZDUSD of yesterday did not closed below 10sma did anyone experience this?
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD_25_6_12.png Size: 20 KB
  • #1,178
  • Edited 4:14am Jun 26, 2012 3:48am | Edited 4:14am
Quoting sepramfx
Oh what's wrong with my broker? My NZDUSD of yesterday did not closed below 10sma did anyone experience this?
Nothing is wrong with your broker. My FXDD candle did not close below the 10sma either. Relax and be patient.
Please ask questions and share your experiences with us all!
  • #1,179
  • Jun 26, 2012 5:17am Jun 26, 2012 5:17am
Quoting bkg102665
I have a page on facebook I have also started for this trading system. Will you please find it and click on the like button. You can look me up on FaceBook as Forex Trading Friends. Thanks
sweet.
  • #1,180
  • Jun 26, 2012 5:34am Jun 26, 2012 5:34am
Quoting bkg102665
Nothing is wrong with your broker. My FXDD candle did not close below the 10sma either. Relax and be patient.
Ok thanks allot am going to search out for the group on facebook
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