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Monthly Profit - Daily Trading using SMA

  • #1,001
  • Sep 1, 2016 7:48am Sep 1, 2016 7:48am
Quoting FX-Flux
{quote} This is a new version which you only attach to one chart and it trades all pairs. I've added a filter to not trade pairs with large spreads. I will share when i get home.
. Thaanx good luck
  • #1,002
  • Sep 1, 2016 8:12am Sep 1, 2016 8:12am
Quoting Bk8
{image}
Hi BK8

If you want to be a profitable trader learn the Price Action strategy. No indicator at all. easy and simple , but hard to follow. Learn the chart and Price movement.

Happy trading.

Yarazzaku
  • #1,003
  • Sep 1, 2016 9:07am Sep 1, 2016 9:07am
Quoting Trendtradr83
{quote} U trade all pairs?
Yes all major pairs
  • #1,004
  • Sep 1, 2016 9:08am Sep 1, 2016 9:08am
Nice move
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  • #1,005
  • Sep 1, 2016 9:09am Sep 1, 2016 9:09am
Quoting petefx82
Hi Bk8, I just started trading your system after reading through all the posts, I must say I love the simplicity of it! Thank you for sharing it! What do you think about eurcad set up?
Welcome petefx82, Thanks for the feedback. Will check EC today after market close. Stay tuned.
  • #1,006
  • Sep 1, 2016 9:10am Sep 1, 2016 9:10am
Quoting uaehawx
Done bro sorry for that
np, Thanks for your support.
  • #1,007
  • Sep 1, 2016 9:13am Sep 1, 2016 9:13am
Quoting Badname
{quote} Hi Bk8, I am flowing your system from the beginning . Very promising and thank you. Just can you explain EURGBP sell you made. I think this is not as the rules says. Price doesn't crossed SMA line in this case... What is your thoughts about it? Or it is case that you still going forward support resistance lvl? Thank you!
Thanks for the feedback, please see below, it did I waited for second candle since first candle was kind of sideways
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  • #1,008
  • Sep 1, 2016 9:17am Sep 1, 2016 9:17am
Quoting Ghibli
Same here + 103 on GU {image}
GU 160 pips now..
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  • #1,009
  • Sep 1, 2016 9:18am Sep 1, 2016 9:18am
Quoting Bk8
{quote} Thanks for the feedback, please see below, it did I waited for second candle since first candle was kind of sideways {image}
Maybe I'm seeing this wrong, but isn't the second candle also sideways?
  • #1,010
  • Sep 1, 2016 9:26am Sep 1, 2016 9:26am
Quoting YaRazzaku
{quote} Hi BK8 If you want to be a profitable trader learn the Price Action strategy. No indicator at all. easy and simple , but hard to follow. Learn the chart and Price movement. Happy trading. Yarazzaku
Good for you, I am happy with SMA. Thanks for the feedback though!
  • #1,011
  • Sep 1, 2016 10:19am Sep 1, 2016 10:19am
Bk8
I am trying - Nzdusd long at 0,72901
Tell you later how it went.
I will behave and set sl as you tell us
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #1,012
  • Sep 1, 2016 10:41am Sep 1, 2016 10:41am
Hi Bk8,
I follow your thread for 2 weeks. Now I found a light in my trading after I has struggled with this market for 3 years.
Thanks a lot, Bk8
  • #1,013
  • Sep 1, 2016 10:58am Sep 1, 2016 10:58am
Quoting Bk8
{quote} Thanks for the feedback, please see below, it did I waited for second candle since first candle was kind of sideways {image}
Hello BK8, is this trade ok, when would you consider to move the trade to breakeven? I still do not fully understand the stop loss movement.

Very kind of you to share this system.
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  • #1,014
  • Sep 1, 2016 11:22am Sep 1, 2016 11:22am
Quoting Bk8
{quote} GU 160 pips now.. {image}
Myself hit SL on GU short trade -197pips
  • #1,015
  • Sep 1, 2016 11:23am Sep 1, 2016 11:23am
As you can see it still needs work haha fixing it opening multiple trades for the same signal
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So many in the Commercial section want to make me rich! :o
  • #1,016
  • Sep 1, 2016 11:41am Sep 1, 2016 11:41am
Quoting Oddbjorg
Bk8 I am trying - Nzdusd long at 0,72901 Tell you later how it went. I will behave and set sl as you tell us Oddbj.
well u can't go long , u have to wait for next day candle ...
  • #1,017
  • Sep 1, 2016 11:42am Sep 1, 2016 11:42am
Quoting laikos
{quote} Myself hit SL on GU short trade -197pips
Oops !
why did you go short ?
  • #1,018
  • Sep 1, 2016 12:10pm Sep 1, 2016 12:10pm
Quoting Bk8
{quote} GU 160 pips now.. {image}
Hi BK8, thank you for sharing your system. I did make the same trade as you do for longing the GU by profiting 106 pips, I get out early because it was too close the BB upper line. but when i look back at the 4H chart, the candle already break the upper BB line, should I take a look at the 4H chart next time? if it break, leave it and let it run?
Never say no to PIPS
  • #1,019
  • Sep 1, 2016 12:11pm Sep 1, 2016 12:11pm
Quoting shaan295
{quote} Oops ! why did you go short ?
Hello Shaan295, I went short around the area shaded red, who else took that trade? But price reversed a great deal...And if some persons didn't take it, Why?

Really appreciate the efforts of the good people who keep this thread going strong.
Fx Flux, thanks for the explanation. Really helped me a lot.
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  • #1,020
  • Sep 1, 2016 12:33pm Sep 1, 2016 12:33pm
Quoting kingdavid15
{quote} Hello Shaan295, I went short around the area shaded red, who else took that trade? But price reversed a great deal...And if some persons didn't take it, Why? Really appreciate the efforts of the good people who keep this thread going strong. Fx Flux, thanks for the explanation. Really helped me a lot. {image}
Bk8 can explain u in a better way,
but if u ask me abt this trade then i will say I didn't take this short trade, yes it was nice down move last week yes SMA crossed day candle as well, now u would ask me why I didn't take this trade, the reason not taking this trade was BB indicator middle line was so close, i was waiting if 4hour candle close down BB middle line but it didn't happen then today we get long opportunity.... That was my view ...

BK8 ur comment please.
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