Monthly Profit - Daily Trading using SMA | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

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

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #221
  • Aug 3, 2016 11:20pm Aug 3, 2016 11:20pm
Quoting yonnie
yes I have A/N, but also A/CH, C/CH, E/C, N/C and U/CH. anything wrong with any of those Bk8?
I posted A/CHF, my broker does not provide some pairs due to small accounts so I did not analyisis.,
Not sure how you picked U/CHF though, you may have diff timezone
  • #222
  • Aug 3, 2016 11:48pm Aug 3, 2016 11:48pm
Bk8, thanks for sharing your trading method.

I'm exploring some possibilities for taking partial profits at the BB middle line, outer bands, and following the trend. Also looking at a few ways of trailing the stop to protect profits with the least chance of being stopped out on slight retracements. I'm trying to come up with something that will increase the profitability without adding a bunch of extra indicators since this is already a good system. Just wanting to tweak it a little. I'll throw some ideas out soon, if I find anything worthwhile.
  • #223
  • Aug 4, 2016 12:03am Aug 4, 2016 12:03am
BK8 did you check ths one ...

Attached Image (click to enlarge)
Click to Enlarge Name: FullSizeRender.jpg Size: 166 KB
  • #224
  • Aug 4, 2016 12:10am Aug 4, 2016 12:10am
Quoting Bk8
{quote} I posted A/CHF, my broker does not provide some pairs due to small accounts so I did not analyisis., Not sure how you picked U/CHF though, you may have diff timezone
U/CH got a large up candle on my chart, about 100 pips while ATR = 72 pips, closing 7 pips from the high.
low = 0.9639, high = 0.9738, close = 0.9731

@ shaan: could be a rough time for this pair with the upcoming rates decision....
  • #225
  • Aug 4, 2016 2:05am Aug 4, 2016 2:05am
Bk8 please write pairs on which you trade?
Thanks
  • #226
  • Aug 4, 2016 4:26am Aug 4, 2016 4:26am
Quoting Bk8
Next target 111? {image}
Why is my chart different ? Is my setup correct? Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 164 KB
  • #227
  • Aug 4, 2016 6:03am Aug 4, 2016 6:03am
Oops timing was not good for G pair
  • #228
  • Aug 4, 2016 7:18am Aug 4, 2016 7:18am
Quoting empire177
{quote} Why is my chart different ? Is my setup correct? Thanks {image}
Comparing the previous chart I posted to this chart posted by TS
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 326 KB
  • #229
  • Aug 4, 2016 1:06pm Aug 4, 2016 1:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 110 KB
Quoting shaan295
BK8 did you check ths one ... {image}
It has since turned to Buy instead
  • #230
  • Aug 4, 2016 2:17pm Aug 4, 2016 2:17pm
Quoting Bk8
{quote} Much better now, Profit -110 pips so far {image}
Hello Bk8 and thanks for sharing your strategy.
I have found several of your posts where you wrote "Profit -110 pips".
I'm not understanding how can be a profit if it's "-" 110 pips?
However, How are you doing with this strategy?
So far, are you having good results?
I have a full time job and was looking for daily strategy like this.
Let me know.
Cheers.
Merka
  • #231
  • Aug 4, 2016 2:47pm Aug 4, 2016 2:47pm
Made 100 pips on the EUR/AUD pair!
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 225 KB
  • #232
  • Aug 4, 2016 2:48pm Aug 4, 2016 2:48pm
My following trade will be a short on the EUR/CAD pair, setup looks good.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 217 KB
  • #233
  • Edited 5:29pm Aug 4, 2016 5:11pm | Edited 5:29pm
charts: GMT+3 - today sell G/A and G/C

@ pipsifx: short E/C a day earlier (see post 217)
  • #234
  • Aug 4, 2016 6:43pm Aug 4, 2016 6:43pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 104 KB
Hi Bk8 & All,
How do we interpret this chart? Price is not crossing but rather open below the SMA line?
  • #235
  • Aug 4, 2016 7:14pm Aug 4, 2016 7:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 648 KB
Quoting Pipsifx
My following trade will be a short on the EUR/CAD pair, setup looks good. {image}
Hi Pipsifx,
I took that trade too
  • #236
  • Aug 4, 2016 7:38pm Aug 4, 2016 7:38pm
Hi Bk8

Do you normally get out of your positions before any major data like NFP or the upcoming RBA minutes for your EUR/AUD trade or ride through the volatility?

Thanks
  • #237
  • Aug 4, 2016 7:59pm Aug 4, 2016 7:59pm
Hi Bk8,
Is this setup correct according to this system? I'm still learning on demo.
I'm not sure about the TP though. I put 1:1 R:R TP base on SL +/- 15 prev candle H/L
Thanx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MPDT SMA AC 050816.png Size: 36 KB
Click to Enlarge Name: MPDT SMA EA 050816.png Size: 35 KB
Click to Enlarge Name: MPDT SMA EG 050816.png Size: 32 KB
Click to Enlarge Name: MPDT SMA GA 050816.png Size: 30 KB
Click to Enlarge Name: MPDT SMA GC 050816.png Size: 32 KB
Click to Enlarge Name: MPDT SMA GU 050816.png Size: 31 KB
Click to Enlarge Name: MPDT SMA UCAD 050816.png Size: 35 KB
  • #238
  • Aug 4, 2016 9:50pm Aug 4, 2016 9:50pm
Sorry guys I have full time job and today was little occupied ..so could not answer your questions.. I will try to answer tonight as much as I can.
  • #239
  • Aug 4, 2016 9:55pm Aug 4, 2016 9:55pm
Quoting shaan295
BK8 did you check ths one ... {image}
Setup was good but timing was not correct so it did not perform as per our expections.
As I mentioned earlier, profit chances are 80% but we can easily compensate these losses if we have 3:1 Risk profit ratio.
  • #240
  • Aug 4, 2016 9:57pm Aug 4, 2016 9:57pm
Quoting empire177
{quote} Comparing the previous chart I posted to this chart posted by TS {image}
When your broker start new candle?
5 traders viewing now