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Monthly Profit - Daily Trading using SMA

  • #3,321
  • Sep 20, 2016 3:08am Sep 20, 2016 3:08am
Quoting Brian214
{quote} Hi Suirad0, Your trade EC. First let me say I often did it like you yesterday and worse. Like you I saw the two positions up 85 pips each and I didn't take it but when it got back to 50 I took off one and brought the stop to BE for the second and as it got worse I then decided to take 20 pips on that. total 70 delighted. The point I am making is BK8's idea of the two trades I find is psychologically a great help used like that. You take some profit with one if the other runs great if not you know you have some profit bagged so it's alright...
Hi, good for you, you managed to end up positive, i gave more room and more time, it's ok, that's just a small risk we take to get bigger reward
  • #3,322
  • Sep 20, 2016 3:13am Sep 20, 2016 3:13am
EUR/CAD after @ being + 91 pips yesterday, its now - 41 pips , i am not going to close it.Hopefully It's a retracment and soon or later will shot down again.
Human beings are members of a whole, In creation of one essence and sol.
  • #3,323
  • Sep 20, 2016 3:17am Sep 20, 2016 3:17am
@ domdom,
it was not so much the sideways affair, because we all can have a different view of the price action.
but how can you have a 60 pips SL on a closed daily candle of A/J?
and then the talk about support level........
did not seem like the system here at all.
  • #3,324
  • Sep 20, 2016 3:20am Sep 20, 2016 3:20am
Hi,

Made a small EA.
Not for automatic trading, but to make things a little easier.
By pushing buttons EA will open 1 or 2 trades (setting).

SL for the just opened trades will be set. H/L previous bar + 15(setting) pips.

TP for first trade will be set. Option1: R=1:1, option2 fixed amount of pips (setting).

TP for second trade can be set: Option1: touch BB upper or lower band, option2; 3 up bars or 3 down bars and trade in profit, option3: no TP for second trade.

Spread can be displayed(setting).


.mq4 file in expert folder.
.mqh file in include folder.
.dll file in libraries folder

Due to TF=day, testing is not yet 100% done.
Did see thread yesterday first time.

BR

Attached File(s)
File Type: rar Daily_BK8.rar   3.3 MB | 876 downloads
It is not important how often you fall down, but how often you get up again
  • #3,325
  • Sep 20, 2016 3:21am Sep 20, 2016 3:21am
Quoting MrRijk
EUR/CAD after @ being + 91 pips yesterday, its now - 41 pips , i am not going to close it. Hopefully It's a retracment and soon or later will shot down again.

Hope, it's the new trading plan, or you could ask monaghan, he's giving out predictions 12 hours before candle closes

It takes a lot for me to IGNORE you, but you can try.
  • #3,326
  • Sep 20, 2016 3:31am Sep 20, 2016 3:31am
@ emonts
dont think Bk8 will be impressed with an EA turning up here and all the discussions, which will surely follow.
  • #3,327
  • Sep 20, 2016 3:33am Sep 20, 2016 3:33am
Quoting yonnie
@ emonts dont think Bk8 will be impressed with an EA turning up here and all the discussions, which will surely follow.
If this is the case, I think he will tell me.

BR
It is not important how often you fall down, but how often you get up again
  • #3,328
  • Sep 20, 2016 3:35am Sep 20, 2016 3:35am
Quoting MrRijk
EUR/CAD after @ being + 91 pips yesterday, its now - 41 pips , i am not going to close it.Hopefully It's a retracment and soon or later will shot down again.
good on you for following the system. I`m in a similar position and we`ll just have to be patient and let the market decide.
win heaps - lose some.
  • #3,329
  • Sep 20, 2016 3:36am Sep 20, 2016 3:36am
Quoting Erebus
{quote} Hope, it's the new trading plan, or you could ask monaghan, he's giving out predictions 12 hours before candle closes
  • #3,330
  • Sep 20, 2016 4:18am Sep 20, 2016 4:18am
Quoting emonts
Hi, Made a small EA. Not for automatic trading, but to make things a little easier. By pushing buttons EA will open 1 or 2 trades (setting). SL for the just opened trades will be set. H/L previous bar + 15(setting) pips. TP for first trade will be set. Option1: R=1:1, option2 fixed amount of pips (setting). TP for second trade can be set: Option1: touch BB upper or lower band, option2; 3 up bars or 3 down bars and trade in profit, option3: no TP for second trade. Spread can be displayed(setting). .mq4 file in expert folder. .mqh file in include...
GOOD man. I will try it
  • #3,331
  • Sep 20, 2016 4:25am Sep 20, 2016 4:25am
Quoting MrRijk
EUR/CAD after @ being + 91 pips yesterday, its now - 41 pips , i am not going to close it.Hopefully It's a retracment and soon or later will shot down again.
Hi Everyone,
I have posted here once and mentioned that have been following the system from the beginning - just reading the posts and checking on peoples results while doing visual backtests and I confirm that this trading system/method is great.
Meanwhile, I started out live on Thursday and amassed a total of 1240+ pips from double trades of GA, EA, EC, and AU.
The GA has been doing wonderfully well, 1st TP hit on the 1st day at 200pips, 2nd position still steaming at 372pips.(Entered this on Thursday/Friday My Daily candle closes at 5pm EST = 10pm my time so I entered the trade on Thursday night)
EA - both positions still on, 1st TP has not hit and at one time both positions were +290pips, now +242pips
EC - both positions still on, has retraced greatly but will hold till SL is hit or trade moves in our direction but presently -66pips
AU -both positions presently at +46pips but reached +94pips at one time.
So far so good am not bothered one bit about EC. WHY? Due diligence - studied the thread and charts thoroughly which inspired strong confidence in this winning system.
My sincere thanks the the thread starter BK8, and Yonnie, Monaghan, Dean, Ghibli, FX-Flux, mizi123,etc for making this thread worthwhile.
A note to the newbies in FX, read and re-read the thread and you wont have to ask too many unnecessary questions.
Thank you All once again.
BK8, you are the MASTER!
  • #3,332
  • Sep 20, 2016 4:35am Sep 20, 2016 4:35am
Quoting shimmering
{quote} O wow! I have memories from that place! I was 19, and that was the place of my honeymoon! I remember the banana trees, and the warm weather in May! I would love to revisit one day.
There is something on FF called a private message if you don't want to pollute the thread with personalized comments. Just a thought.
  • #3,333
  • Sep 20, 2016 4:39am Sep 20, 2016 4:39am
Quoting yonnie
{quote} good on you for following the system. I`m in a similar position and we`ll just have to be patient and let the market decide. win heaps - lose some.
Agree 100%
Human beings are members of a whole, In creation of one essence and sol.
  • #3,334
  • Sep 20, 2016 4:42am Sep 20, 2016 4:42am
Quoting coralsands
{quote} There is something on FF called a private message if you don't want to pollute the thread with personalized comments. Just a thought.
Ah, let me think about that one...



Attached Image
It takes a lot for me to IGNORE you, but you can try.
  • #3,335
  • Sep 20, 2016 5:05am Sep 20, 2016 5:05am
Quoting Bk8
{quote} How come...please feel free to ask me questions as many as you want Thats correct, we do not have any setups for today.
Thank you bk8
Very kind of you.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #3,336
  • Sep 20, 2016 5:21am Sep 20, 2016 5:21am
Quoting Erebus
{quote} Hope, it's the new trading plan, or you could ask monaghan, he's giving out predictions 12 hours before candle closes
Its not a prediction its just for the guys who are trading from their phones to put on their watch list for tomorrow morning thats all, i see you are quiet a troublemaker from previous threads, i will put you on ignore
  • #3,337
  • Sep 20, 2016 5:22am Sep 20, 2016 5:22am
Quoting Mhons
Dear Bk8, one more question to discussion. Do you consider trading this method on other markets like commodities and indices. The reason is when the currencies are in choppy conditions you can find other trending markets. Based on that this is pure technical trading I guess it could really work everywhere and these days almost every broker offers other markets than forex. Thank you for answer.
I think I asked the same question a few days ago with no response. No one posted a trade or analysis, so I suppose they aren't trading those goods.
Personally, I like to trade Crude Oil, and the strategy seems to work fine - I don't have any statistics thou, just keeping an eye on it. I don't know about other commodities.
  • #3,338
  • Sep 20, 2016 5:45am Sep 20, 2016 5:45am
Good Morning,

G/A 440 pips profit so far
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 106 KB
  • #3,339
  • Sep 20, 2016 5:48am Sep 20, 2016 5:48am
My E/N hit my 1TP +150 , I moved the SL above previuos candle, second position still runing..as for E/C it's still fighting
Attached Image
Attached Image
Read 1st post , if you don't understand something , then , ask a question
  • #3,340
  • Sep 20, 2016 5:51am Sep 20, 2016 5:51am
Quoting Bk8
Good Morning, G/A 440 pips profit so far {image}
Can I say? Oh My GOD!

Well done bro!
I Win, I Lose, It's my Job... And I Love it!
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