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Monthly Profit - Daily Trading using SMA

  • #2,101
  • Sep 12, 2016 6:04am Sep 12, 2016 6:04am
Quoting FX-Flux
{quote} I will add an input for lots. I wouldn't recommend trading live with it though, that is why I set it to 1.0
Thanks Fx-flux!

Please do not use script for daily trading, it is helpful for scanning pairs only but there are so many other factors need to be considered manually.

This stratgy does not take more than your 15 min so why you need script for daily trading?
  • #2,102
  • Sep 12, 2016 6:06am Sep 12, 2016 6:06am
Quoting Bk8
{quote} Yep, I took EJ and Nj as part of my H1 strategy 100+ pips so far.. you checout my other thread
Not yet, been trying to focus solely on this with a live account. I'll check out the 1 HR strategy soon..but the daily fits my schedule and life so much better :-).
  • #2,103
  • Sep 12, 2016 6:09am Sep 12, 2016 6:09am
Quoting Bk8
{quote} All, Here are todays setups Long - GBP/CAD Short - NZD/CHF , NZD/USD, AUD/CHF, GOLD TP - Postion 1 - TP=SL Position 2 - No TP SL - High/Low (+-15) of previous candle
I did not have room for G/CAD, 80 pips profit so far!
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  • #2,104
  • Sep 12, 2016 6:10am Sep 12, 2016 6:10am
Quoting DjPriz
{quote} Not yet, been trying to focus solely on this with a live account. I'll check out the 1 HR strategy soon..but the daily fits my schedule and life so much better :-).
Great, You are doing right thing.

I would suggest everyone to do day trading only
  • #2,105
  • Sep 12, 2016 6:17am Sep 12, 2016 6:17am
Quoting Bk8
{quote} Hi yonnie G/N has room for 1 candle only U/CHF and U/J both have long wick

hey bk8, thanks for the explain! haha. i wasn't able to read this when i woke up. nice input on the reason. thumbs up!
  • #2,106
  • Sep 12, 2016 6:25am Sep 12, 2016 6:25am
Quoting Bk8
{quote} All, Here are todays setups Long - GBP/CAD Short - NZD/CHF , NZD/USD, AUD/CHF, GOLD TP - Postion 1 - TP=SL Position 2 - No TP SL - High/Low (+-15) of previous candle
A/CHF got 50 pips profit so far
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  • #2,107
  • Sep 12, 2016 6:28am Sep 12, 2016 6:28am
Quoting Bk8
{quote} Thanks Fx-flux! Please do not use script for daily trading, it is helpful for scanning pairs only but there are so many other factors need to be considered manually. This stratgy does not take more than your 15 min so why you need script for daily trading?
Exactly my thoughts. There are plenty of trades that the script would take that we would advise against. It would take more effort for me to add extra features to filter bad trades, when it is just as easy to set 15 minutes of your time in the evening to analyse the charts.
So many in the Commercial section want to make me rich! :o
  • #2,108
  • Sep 12, 2016 6:32am Sep 12, 2016 6:32am
Nothing like waking up on a Monday to this. Thanks again for the system Bk8
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  • #2,109
  • Sep 12, 2016 6:34am Sep 12, 2016 6:34am
Dear BK8
When do you close all oders below?. Thanks BK8 so much
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  • #2,110
  • Sep 12, 2016 6:43am Sep 12, 2016 6:43am
Quoting BuffaloPat
Nothing like waking up on a Monday to this. Thanks again for the system Bk8{image}
Thanks for sharing your result BuffaloPat!
  • #2,111
  • Sep 12, 2016 6:44am Sep 12, 2016 6:44am
Quoting Bk8
{quote} Thanks Fx-flux! Please do not use script for daily trading, it is helpful for scanning pairs only but there are so many other factors need to be considered manually. This stratgy does not take more than your 15 min so why you need script for daily trading?
To be honest EA & Script are the disaster for long term business but of course we can make quick money with them.

Now decide your self guys, you want to learn BK8 strategy for long term business or quick profit?!
I Win, I Lose, It's my Job... And I Love it!
  • #2,112
  • Sep 12, 2016 6:47am Sep 12, 2016 6:47am
Quoting blueskykt14
Dear BK8 When do you close all oders below?. Thanks BK8 so much {image}
Thanks but why you did not take 2 positions for each setup as per our new TP rule?

Anyway - please set your TP equal to SL, I mean if SL is 100 pips.. you may set TP to 100 pips
I do not want you to lose your hard earned pips tomorrow
  • #2,113
  • Sep 12, 2016 7:20am Sep 12, 2016 7:20am
Hi Bk8 and other friends,
there is my closed trade for today, no open trade left.
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Work Hard In Silence, Let Your Success Be Your Noise.
  • #2,114
  • Sep 12, 2016 7:27am Sep 12, 2016 7:27am
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Human beings are members of a whole, In creation of one essence and sol.
  • #2,115
  • Sep 12, 2016 7:33am Sep 12, 2016 7:33am
This is my today's transaction, a really account, a demo account. Fantastic。
Thanks BK8 for sharing this great strategy。
shot1(real)
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shot2(demo)
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  • #2,116
  • Sep 12, 2016 7:54am Sep 12, 2016 7:54am
Took the GA buy yesterday with a 50 pip trailing SL on it since it's near resistance. Just got closed out for +62 based on a total market move of 112 pips so far. I'll take the quick pips!
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  • #2,117
  • Sep 12, 2016 8:16am Sep 12, 2016 8:16am
Quoting umairsheikh2
{quote} Please look at your margin level, soon or later you will hit harder! My personal advice DO NOT TAKE BIG LOTS on small equity! Regards. Umee
I agree with you to an extent Umairsheikh2 BUT to really increase an account in size and profits you need to take bigger position sizes when your confidence is high and setups are perfect. I like the 80/20 rule. Most of your account size will come from 20% of your trades, the 80 % left will be just confidence, risk management practice and asset allocation practice.

Cheers
Gentlemen always play by the rules, if they can't, they change them.
  • #2,118
  • Edited 8:54am Sep 12, 2016 8:41am | Edited 8:54am
Hello - From Time 02 30 till 13 00 my time - from 5 30 pm untill 1h 45 min (your time) ago are these my results.
Auchf long +, Auchf long +, Eugbp short - , Eurchf short -, Eurnzd long - , Nzdchf long +, Nzdusd long +, Cadchf long +, Gbpcad short +
The result all in all very much +. Maybe I should not stop them now. But I haven't really learned how to do sl and tp and then relax.
Sooner or later I am going to do it 100 % after what you say - - Bk8 my teacher.
Thank you
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #2,119
  • Sep 12, 2016 8:41am Sep 12, 2016 8:41am
I'm new to your thread looks like you are really on to something here. Very nice trades by the group ill be watching on the sidelines and hope to get into some trades.
  • #2,120
  • Sep 12, 2016 8:47am Sep 12, 2016 8:47am
Quoting FX-Flux
{quote} I will add an input for lots. I wouldn't recommend trading live with it though, that is why I set it to 1.0
yes, it's just for demo trading purpose and not for real.
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