Any broker, same result
Monthly Profit - Daily Trading using SMA
- #1,105
- Sep 2, 2016 11:54am Sep 2, 2016 11:54am
So many in the Commercial section want to make me rich! :o
BK8 check this out, AUDCAD showing clean setup for short with MA 5,3 and at the same time MA 5,0 is not clear ... now what you gonna say ? at the moment i feel more comfortable with old system ... {image}
- #1,110
- Edited 3:35pm Sep 2, 2016 2:34pm | Edited 3:35pm
- Joined May 2008 | Status: Trader | 1,158 Posts
{quote} 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.
sorry, dont use Bollinger bands at all; only look at the price action.
if long Bk8 also exits when price continues up for 3 days, not counting down days and sideway days.
if price is up for 1-2 days and then is going nowhere for 2-3 days, you might decide to exit the trade.
however if price goes straight up for 3 days in a row, I can imagine he would let it run a bit longer.
so it`s really all about having experience in these matters and that takes time to learn.
just like any profession it might take years.
I`m quite patient: still have trades open from 25 August E/N (bit of a roller coaster) and G/J (outstanding performer - up 536 pips) among others.
- #1,112
- Sep 2, 2016 2:38pm Sep 2, 2016 2:38pm
- Joined Jan 2015 | Status: Trader | 1,533 Posts
{quote} kingdavid
- #1,115
- Sep 2, 2016 3:19pm Sep 2, 2016 3:19pm
- Joined Jan 2015 | Status: Trader | 1,533 Posts
I should have closed EG today but now I may have to run this setup next whole week 
- #1,120
- Sep 3, 2016 11:38am Sep 3, 2016 11:38am
- Joined Aug 2016 | Status: Trader | 1,724 Posts
All the best to all of you. But don't follow me. I am a learner.