Monthly Profit - Daily Trading using SMA | Page 149 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #2,961
  • Sep 18, 2016 1:09pm Sep 18, 2016 1:09pm
Well this is my first post on trading here, I would like to risk only for two pairs ie. A/N & E/A, which holds some positive probability from rest.
But here in India the new candle starts Ât midnight @ 2.30am
A big problem for me to enter,
Wishing you a lots of luck with lots of pips
Every Good Things Starts With "Bismillah"
  • #2,962
  • Sep 18, 2016 1:15pm Sep 18, 2016 1:15pm
Quoting monaghan
{quote} Oddbjorg it seems like to me you do not have enough confidence in your trading, until you do i would stop asking other traders whether you should or should not take a trade, the system as laid out by BK8 is very simple and straight forward, it could not be any easier, this is not gambling, no ways will i take a trade based on any one else's analysys, conclusion : stop trading live if you are not sure what you are doing
Seriously, some people are just trying to hop onto a popular thread and make some money by being a copycat. But you need to study the basics of Forex before you begin trading. Spend some time on educational websites or actually read a book that teaches you the basics. There are way too many questions that could be answered elsewhere with a few clicks and a little time reading. This is not the "BK8 Spoon Feeds Everyone Else" thread. Yes, this system is really simple, but it still requires you to know the fundamentals of Forex trading.
  • #2,963
  • Sep 18, 2016 1:16pm Sep 18, 2016 1:16pm
A few possible entries for opening of the week. EA, ACH, EC, EN.
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 98 KB
  • #2,964
  • Sep 18, 2016 1:16pm Sep 18, 2016 1:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 95 KB
  • #2,965
  • Sep 18, 2016 1:17pm Sep 18, 2016 1:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 106 KB
  • #2,966
  • Sep 18, 2016 1:18pm Sep 18, 2016 1:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 94 KB
  • #2,967
  • Sep 18, 2016 1:47pm Sep 18, 2016 1:47pm
Quoting frx_trader
{quote} No. If it doesn't breach 1.50. It will stay 1.40 -1.50. You can sell. And SL @ 1.51. I would not sell @ 1.51. Because it shows some bullish action.
Hello.
Thank you, for being so kind answering my question.
I understand what you explain.
All the best.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #2,968
  • Sep 18, 2016 1:58pm Sep 18, 2016 1:58pm
Today's Setups:

I am already LONG/SHORT following:

CADCHF - LONG
NZDUSD - SHORT <- WILL HOLD TILL INTEREST RATE HIKE DECISION
AUDUSD - SHORT <- WILL HOLD TILL INTEREST RATE HIKE DECISION
EURAUD - SHORT
EURNZD - SHORT
EURCAD - SHORT

Looking to add:
AUDCHF -
NZDJPY - SHORT SCALP TILL INTEREST RATE HIKE
GBPAUD -
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCHF.png Size: 34 KB
Click to Enlarge Name: AUDNZD.png Size: 33 KB
Click to Enlarge Name: AUDSGD.png Size: 40 KB
Click to Enlarge Name: AUDUSD.png Size: 43 KB
Click to Enlarge Name: CADCHF.png Size: 45 KB
Click to Enlarge Name: CHFSGD.png Size: 37 KB
Click to Enlarge Name: EURAUD.png Size: 36 KB
Click to Enlarge Name: EURCAD.png Size: 46 KB
Click to Enlarge Name: EURNZD.png Size: 31 KB
Click to Enlarge Name: GBPAUD.png Size: 23 KB
  • #2,969
  • Sep 18, 2016 2:03pm Sep 18, 2016 2:03pm
All,

please post your setups for today, I will post my list by 4:30 PM

Quoting Bk8
{quote} Thank you for kind words ,you know how much I rely on you..I add/remove just to give a impression that I am not duplicating as I mentioned earlier please feel free to take over my task to post a final list when you do not find me online that will be a great help to our group!
  • #2,970
  • Sep 18, 2016 2:06pm Sep 18, 2016 2:06pm
Thanks hammadshahir, please double check late entry and sideways

Quoting hammadshahir
Today's Setups: I am already LONG/SHORT following: CADCHF - LONG NZDUSD - SHORT <- WILL HOLD TILL INTEREST RATE HIKE DECISION AUDUSD - SHORT <- WILL HOLD TILL INTEREST RATE HIKE DECISION EURAUD - SHORT EURNZD - SHORT EURCAD - SHORT Looking to add: AUDCHF - NZDJPY - SHORT SCALP TILL INTEREST RATE HIKE GBPAUD - {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}
  • #2,971
  • Sep 18, 2016 2:10pm Sep 18, 2016 2:10pm
Quoting shimmering
{quote} I am thinking of allowing for a pullback on one other template I use, and then entering. By the way, are you in England?
Yes, I am now trading from UK ,but I am not from UK..my daily candle forms and close at 10 PM London time..As for the limit order ,it's interesting ( theoreticaly lower risk and better R:R ),but then you can lose some good entry,when the price is going straight down or up , after daily close..simply you can missed a good trade with limit order ..just my opinion
Read 1st post , if you don't understand something , then , ask a question
  • #2,972
  • Sep 18, 2016 2:30pm Sep 18, 2016 2:30pm
Quoting Ghibli
Some of opportunities today ... EUR/AUD {image} NZD/CHF {image} AUD/CHF {image} CAD/CHF {image} AUD/NZD {image} EUR/CAD {image} GBP/CAD {image} {image}
Hi, total newbie and just a polite inquiry with respect to the EURAUD opportunity. Would you say that was an opportunity for Thursday and the trade is missed?

Attached Image (click to enlarge)
Click to Enlarge Name: euraud-d1-oanda-division4.png Size: 28 KB
  • #2,973
  • Sep 18, 2016 2:36pm Sep 18, 2016 2:36pm
Quoting onarticus
{quote} Hi, total newbie and just a polite inquiry with respect to the EURAUD opportunity. Would you say that was an opportunity for Thursday and the trade is missed? {image}
Welcome onarticus, Thursday candle just touched the SMA so this setup should not be considered late.
You may also consider E/C.
  • #2,974
  • Sep 18, 2016 2:41pm Sep 18, 2016 2:41pm
Quoting onarticus
{quote} Hi, total newbie and just a polite inquiry with respect to the EURAUD opportunity. Would you say that was an opportunity for Thursday and the trade is missed? {image}
Hi, you know I was thinking on that day ,about this pair ,but on my chart it seems that the candle didn't close below the SMA, so I did't took the trade,even if I saw a good oportunity, it could be to risky..I want a good, clear setup to enter..it had some room to pull the price back down to the support ..and it did..so it was a bit tempting to enter ..but rules are the rules..now it's not close to the upper BB, the price is not ranging, candle closed below the SMA..everything seems fine , but I personally will not take this one today . To little room on my account as we are taking two positions at once and I have already some positions already taken..
Attached Image (click to enlarge)
Click to Enlarge Name: sdcsdcsdc.png Size: 32 KB
Read 1st post , if you don't understand something , then , ask a question
  • #2,975
  • Sep 18, 2016 2:41pm Sep 18, 2016 2:41pm
Going to place my first trades at market open tonight. I liked Yonnie's words "Only those that are yelling out to you". On that basis:

BUY:
AUDCHF
CADCHF (Friday's upper wick had broken the daily low of 4th May)

SELL:
EURCAD (No resistance levels and nicely placed on the BB)

The only question I have is do I enter immediately or wait in case there is a gap in the wrong direction?

Much much thanks
  • #2,976
  • Sep 18, 2016 2:42pm Sep 18, 2016 2:42pm
I will be taking EURCAD and EURAUD, both short.
Still in EURNZD, AUDUSD, NZDUSD.
  • #2,977
  • Sep 18, 2016 2:43pm Sep 18, 2016 2:43pm
Quoting onarticus
{quote} Hi, total newbie and just a polite inquiry with respect to the EURAUD opportunity. Would you say that was an opportunity for Thursday and the trade is missed? {image}
I do not think that you are using our setup. Kindly confirm the settings of the SMA you are using.
  • #2,978
  • Sep 18, 2016 2:48pm Sep 18, 2016 2:48pm
Quoting MayorE
{quote} I do not think that you are using our setup. Kindly confirm the settings of the SMA you are using.
Hi, thanks for checking this with me. Am using Flu-Flux's template except modified the colours (I'm in the UK) to suit.

Attached Image
  • #2,979
  • Sep 18, 2016 2:49pm Sep 18, 2016 2:49pm
Wish to you dear traders ,good choices in this week
Attached Image (click to enlarge)
Click to Enlarge Name: darth_vaderwefwerfgw.jpg Size: 404 KB
Read 1st post , if you don't understand something , then , ask a question
  • #2,980
  • Sep 18, 2016 2:51pm Sep 18, 2016 2:51pm
Quoting onarticus
{quote} Hi, thanks for checking this with me. Am using Flu-Flux's template except modified the colours (I'm in the UK) to suit. {image}
It's seems to be fine mate , maybe you have a little different candle because of the broker..
Read 1st post , if you don't understand something , then , ask a question
1 trader viewing now