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Monthly Profit - Daily Trading using SMA

  • #1,081
  • Edited 8:15am Sep 2, 2016 8:02am | Edited 8:15am
Hello Bk8 - or someone - I appreciate it - who ever makes a reply

Do you think it is ok to go long usd chf?
I can see a possibility in eur usd - but there are long wicks - - wonder if that is good?
Can not see much more - or?
If it was not a friday - would you then prefer to do your trading in 8 hours?
Thank you so much

Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #1,082
  • Sep 2, 2016 8:11am Sep 2, 2016 8:11am
Quoting SnoopyAKQJT
Now that NFP new is out, I suspect that the AUD/CAD pair fits BK8's criteria for a long trade ... {image}
Hi
Is it possible for you to put bollinger band on your chart?
Then it would be easier to see. I'm still just learning.
Thank you.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #1,083
  • Sep 2, 2016 8:15am Sep 2, 2016 8:15am
Quoting arham97
im in aud/cad. after the news release I was making about 30 pips. now im losing about 10. Should I close my position?
Don't trade daily candles if ya can't cope with a 10 pip loss. Set your SL and chill. No need to watch that pair till next morning.
  • #1,084
  • Sep 2, 2016 8:52am Sep 2, 2016 8:52am
Quoting FX-Flux
{quote} You never actually told me what the problem was? I did message you back. Make sure all three files are in the correct folders. If you want to use a template on your charts then save a copy in your mql4 folder and call it template_name.tpl Open up a chart and then drag the DailyCross script onto it. Set Num to 1 if you want to see all MA crosses, set Candle_Shift to 0 to see what symbols crossed over the MA at the beginning of the new candle or set it to -1 if you want to see which symbols are currently crossed over the MA I have attached...

When I drag the script to the chart it says its added and then the script removed straight away no results show anywhere., script is in scripts folder,
  • #1,085
  • Sep 2, 2016 9:29am Sep 2, 2016 9:29am
Quoting minute
{quote} When I drag the script to the chart it says its added and then the script removed straight away no results show anywhere., script is in scripts folder,
Do you have the files from an earlier post? also, what settings did you use?
So many in the Commercial section want to make me rich! :o
  • #1,086
  • Sep 2, 2016 9:41am Sep 2, 2016 9:41am
Just FYI - something very special I am cooking for all of us, right now its mess.. so I can not discuss.. will share soon... stay tuned
Attached Image (click to enlarge)
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  • #1,087
  • Sep 2, 2016 9:43am Sep 2, 2016 9:43am
Quoting Bk8
Just FYI - something very special I am cooking for all of us, right now its mess.. so I can not discuss.. will share soon... stay tuned {image}
Can't wait 😱😱😱
  • #1,088
  • Sep 2, 2016 9:43am Sep 2, 2016 9:43am
Quoting Bk8
Just FYI - something very special I am cooking for all of us, right now its mess.. so I can not discuss.. will share soon... stay tuned {image}
Oops within a sec 10 pips more

I do not want to pollute this thread so will discuss about this in a new thread
Attached Image (click to enlarge)
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  • #1,089
  • Sep 2, 2016 9:47am Sep 2, 2016 9:47am
Quoting yonnie
just closed my U/J trade ahead of the big news for 317 pips profit. a fine example of following Bk8`s advice to let the profits run amok if you`re afraid of losses and place the stop too close, you will NOT succeed in the longer term. just put on a smaller position, so you can sleep at night. after all this is just a learning period at the moment - not to make heaps of money. just my opinion and good luck to all.
Sup Yonnie,

First of all, Thanks for contributions.
Pls can u elaborate how you manage ur profits, I mean after it hits the end of the Bollinger bands to maximise your profits.Thanks.
  • #1,090
  • Sep 2, 2016 9:48am Sep 2, 2016 9:48am
Quoting Bk8
{quote} Oops within a sec 10 pips more I do not want to pollute this thread so will discuss about this in new thread {image}
Make a new thread then...
  • #1,091
  • Sep 2, 2016 9:59am Sep 2, 2016 9:59am
Quoting Monokl
Thank you Bk8 for your marvellous teaching. this method really cut a lot of noise. it is work well with SR.
Thanks very much Monokl for your feedback!
  • #1,092
  • Sep 2, 2016 10:13am Sep 2, 2016 10:13am
EG 100+ pips so far
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  • #1,093
  • Sep 2, 2016 10:20am Sep 2, 2016 10:20am
Quoting Bk8
EG 100+ pips so far {image}
Great discipline , so I assume after today's candle you will move your SL 10-15 pips above today's high , right ?
Read 1st post , if you don't understand something , then , ask a question
  • #1,094
  • Sep 2, 2016 10:22am Sep 2, 2016 10:22am
Quoting shaan295
{quote} Make a new thread then...
I have created a new thread but will disclose strategy after 1 week meantime I will keep posting screenshots on this new thread
http://www.forexfactory.com/showthre...51#post9116851
  • #1,095
  • Sep 2, 2016 10:23am Sep 2, 2016 10:23am
Quoting Bk8
{quote} Oops within a sec 10 pips more I do not want to pollute this thread so will discuss about this in a new thread {image}
not sure why you went into H1 TF. Thought your TF is at least D1?
  • #1,096
  • Sep 2, 2016 10:27am Sep 2, 2016 10:27am
Quoting keziahpie
{quote} not sure why you went into H1 TF. Thought your TF is at least D1?
Thats correct, I recommend D1 chart only for stress free and need 10-15 minutes only.
H1 is just for fun, dedicated to traders who do not have better things to do and consider forex like casino
  • #1,097
  • Sep 2, 2016 10:39am Sep 2, 2016 10:39am
Quoting minute
{quote} When I drag the script to the chart it says its added and then the script removed straight away no results show anywhere., script is in scripts folder,
Did you look in the experts tab?
  • #1,098
  • Sep 2, 2016 11:15am Sep 2, 2016 11:15am
Screenshot of the day.. somehow I forgot to move SL yesterday
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  • #1,099
  • Sep 2, 2016 11:16am Sep 2, 2016 11:16am
Hi BK8,

Have u really tested it?..When r u going public with it?
  • #1,100
  • Sep 2, 2016 11:19am Sep 2, 2016 11:19am
Quoting kingdavid15
Hi BK8, Have u really tested it?..When r u going public with it?
Yes I have tested it but I am still working on it.. should not take more than 2-3 days.
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