Monthly Profit - Daily Trading using SMA | Page 83 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #1,641
  • Sep 8, 2016 4:43pm Sep 8, 2016 4:43pm
In for a Buy EURJPY for me,
  • #1,642
  • Sep 8, 2016 5:13pm Sep 8, 2016 5:13pm
I am in GU and ECh. Good Luck
  • #1,643
  • Sep 8, 2016 5:15pm Sep 8, 2016 5:15pm
Quoting FX-Flux
{quote} No, this is the only strategy I'm using on this Trade Explorer.
How come, we have wonderdul this week.
Never mind, I am feeling bad for you., please trade manually it wont take more than few minutes daily
  • #1,644
  • Sep 8, 2016 5:27pm Sep 8, 2016 5:27pm
Team,

Just to summarize, we took two setups yesterday and both are profitable, EG and G/CHF

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  • #1,645
  • Sep 8, 2016 5:36pm Sep 8, 2016 5:36pm
Quoting TheOrcs
Bk8, Thanks for this simple strategy it works well! Can you please give some more explanation about? "Entry - When previous candle bar has clearly crossed SMA line" candle closed above or under SMA line? candle low is above or under SMA line? percentage candle higher above or under SMA line? Thanks in advance.
Can you please help me with these answers?
  • #1,646
  • Sep 8, 2016 5:37pm Sep 8, 2016 5:37pm
Quoting Mathy
{quote} Maybe you should get a cup of coffee/tea and read the entire thread - you may learn something
Correct me if I am wrong, the system is to long or short after price close above or below 5SMA. Put stop loss at 15 pips below or above high/low of candle and move stop progressively.
  • #1,647
  • Sep 8, 2016 5:52pm Sep 8, 2016 5:52pm
Quoting nozzer
In for a Buy EURJPY for me,
You may be lucky but ideally you should exclude EJ
  • #1,648
  • Sep 8, 2016 5:53pm Sep 8, 2016 5:53pm
Quoting Trendtradr83
{quote} Correct me if I am wrong, the system is to long or short after price close above or below 5SMA. Put stop loss at 15 pips below or above high/low of candle and move stop progressively.
You got it
  • #1,649
  • Sep 8, 2016 5:55pm Sep 8, 2016 5:55pm
Quoting ErikH
Now that we're approaching the weekend, I have a question. I've been trading for a couple of years now, and always avoided to open new trades on friday - especially friday evenings. Do you guys have some advice/statistics about that? Related to this strategy, of course.
You do not have to worry about anything.. just releax
  • #1,650
  • Sep 8, 2016 5:56pm Sep 8, 2016 5:56pm
Hello bk8 and others.
thank you for being friendley towards us learners.

ea long ech long gu short. (Gu corrected from ga was wrong)
what do you think.
oddbj
All the best to all of you. But don't follow me. I am a learner.
  • #1,651
  • Sep 8, 2016 6:00pm Sep 8, 2016 6:00pm
Quoting gomezzo
Hi guys new to this great page, are the instructions to the strategy still the same as on the first page? Or has it been improved/changed. If changed can you point me to the right page. Looks like lots of you are doing well on it. Great work.
Thats correct, just read post#1
  • #1,652
  • Sep 8, 2016 6:04pm Sep 8, 2016 6:04pm
Quoting Oddbjorg
Hello bk8 and others. thank you for being friendley towards us learners. ea long ech long gu short. (Gu corrected from ga was wrong) what do you think. oddbj
Thanks for youe feedback.. GA has wick howver shape looks good. EA and ECHF also look good.
  • #1,653
  • Sep 8, 2016 6:07pm Sep 8, 2016 6:07pm
Today entries:
EUR/AUD Buy
EUR/CHF Buy
EUR/CAD Buy
EUR/NZD Buy
EUR/JPY Buy
EUR/SGD Buy
USD/JPY Buy
USD/CAD Buy
GBP/USD Sell
AUD/JPY Buy
CHF/JPY Buy
SGD/JPY Buy
USD/SGD Buy
  • #1,654
  • Sep 8, 2016 6:18pm Sep 8, 2016 6:18pm
Quoting Bk8
{quote} You may be lucky but ideally you should exclude EJ
Why do you think , that E/J is not a good option ? because of the close upper BB ?
Read 1st post , if you don't understand something , then , ask a question
  • #1,655
  • Sep 8, 2016 6:31pm Sep 8, 2016 6:31pm
I decided against EJ due to upper BB, resistance above and EJ is in a wedge from 7 July until now and it keeps getting smaller. Price will eventually break from here. Didn't appear to be enough R:R.

Quoting Ghibli
{quote} Why do you think , that E/J is not a good option ? because of the close upper BB ?
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  • #1,656
  • Sep 8, 2016 6:48pm Sep 8, 2016 6:48pm
Thank you everyone for making hottest thread of FF
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  • #1,657
  • Sep 8, 2016 6:57pm Sep 8, 2016 6:57pm
Quoting Bk8
Thank you everyone for making hottest thread of FF {image}

Thank you
Frank Fadi
  • #1,658
  • Sep 8, 2016 7:05pm Sep 8, 2016 7:05pm
My Current open trades.


Today's Opens
EURCHF Buy - -2.40 - $0.32
GBPUSD Sell - -9.10 - $1.19
USDCHF Buy - -6.90 - $0.93
EURNZD Buy- - 5.10 - $0.49


Running
GBPJPY Sell - -36.80 - $4.77
GBPCHF Sell - 3.40 - $0.35
EURGBP Buy - 42.20 - $7.29
GBPAUD Sell - 89.30 - $9.09
EURUSD Buy - 9.30 - $0.89


Closed this week
NZDJPY Sell -25.6 $3.63 -1.74%
CHFJPY Sell -21.6 $2.71 -1.28%
EURJPY Sell 21.8 $2.78 1.33%
GBPNZD Sell 217.6 $21.36 11.41%
USDCAD Sell 96.3 $9.69 5.46%
GBPCAD Sell -64.9 $6.57 -3.57%
NZDUSD Buy 63.3 $8.32 4.73%
AUDUSD Buy 61.6 $8.07 4.81%
  • #1,659
  • Sep 8, 2016 7:16pm Sep 8, 2016 7:16pm
Am i the only one or did we hit quite a few stop losses? U/j, e/c, e/j?
  • #1,660
  • Sep 8, 2016 7:18pm Sep 8, 2016 7:18pm
Quoting Shaun24
My Current open trades. 
 Today's Opens EURCHF Buy - -2.40 - $0.32 GBPUSD Sell - -9.10 - $1.19 USDCHF Buy - -6.90 - $0.93 EURNZD Buy- - 5.10 - $0.49 
 Running GBPJPY Sell - -36.80 - $4.77 GBPCHF Sell - 3.40 - $0.35 EURGBP Buy - 42.20 - $7.29 GBPAUD Sell - 89.30 - $9.09 EURUSD Buy - 9.30 - $0.89 
 Closed this week NZDJPY Sell -25.6 $3.63 -1.74% CHFJPY Sell -21.6 $2.71 -1.28% EURJPY Sell 21.8 $2.78 1.33% GBPNZD Sell 217.6 $21.36 11.41% USDCAD Sell 96.3 $9.69 5.46% GBPCAD Sell -64.9 $6.57 -3.57% NZDUSD Buy 63.3 $8.32 4.73% AUDUSD...
Hi Shaun , may I know , why you are buying U/CH ? On my charts , the candle didn't cross the 5 MA..
Read 1st post , if you don't understand something , then , ask a question
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