Monthly Profit - Daily Trading using SMA | Page 207 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #4,121
  • Sep 23, 2016 6:02am Sep 23, 2016 6:02am
I'm closing my 1st position on NZDCAD + 120 pips
  • #4,122
  • Sep 23, 2016 6:02am Sep 23, 2016 6:02am
Quoting monaghan
{quote} Dont know who you are referring to, i came out of the GBP in profit, EU GBP looks good to me at the moment, reason i came out is Brexit Talks are back in the news again, and anyway the trade is still running so what do you want people to say to you
Absolutely agree.Over here I realise we do not just talk about winning trade but also the losing one.My gbpusd is now in red but has not hit my SL.Be polite.
Thanks
  • #4,123
  • Sep 23, 2016 6:05am Sep 23, 2016 6:05am
Gross. Stopped out on E/G this morning. Oh well, UC and NC are still in good profit.
  • #4,124
  • Edited 6:20am Sep 23, 2016 6:07am | Edited 6:20am
Quoting UAEtraderS
Why no body is talking about gbp/usd and eur/gbp that you were suggesting last nigh . Or yo ignore the losing positions to make any new comer blind ?
Not every trade will be a winner. Trading is a probability game. No has the microscope to see or predict the future.
BK8 strategy is insanely profitable but not loss proof.
If these trades didn't turn out the way you expected, it is part of the game and will undoubtedly help your learning.
Be patient, I can assure you that you will win plenty pips with this strategy.
  • #4,125
  • Sep 23, 2016 6:11am Sep 23, 2016 6:11am
Quoting BuffaloPat
Gross. Stopped out on E/G this morning. Oh well, UC and NC are still in good profit.
Hi BP
Sorry to hear that, can you post a screenshot of your entry, as i dont see it on my chart, probably the different timezone rearing its ugly head again, i had a long entry 15 days ago and its still going long, good luck with the rest
  • #4,126
  • Sep 23, 2016 6:11am Sep 23, 2016 6:11am
Fingers crossed on some good numbers for the red CAD news in 50 minutes. I want to see high blue numbers on my phone!
  • #4,127
  • Sep 23, 2016 6:14am Sep 23, 2016 6:14am
Quoting monaghan
{quote} Hi BP Sorry to hear that, can you post a screenshot of your entry, as i dont see it on my chart, probably the different timezone rearing its ugly head again, i had a long entry 15 days ago and its still going long, good luck with the rest
Hey Monaghan,

My charts are on post 3939. Lesson from this: don't trust chart patterns if the candles are even borderline sideways.

Not really concerned, as I'm still learning (like most here). I'm sitting in profit of double my loss on my open UC and NC right now.
  • #4,128
  • Sep 23, 2016 6:19am Sep 23, 2016 6:19am
Quoting BuffaloPat
{quote} Hey Monaghan, My charts are on post 3939. Lesson from this: don't trust chart patterns if the candles are even borderline sideways. Not really concerned, as I'm still learning (like most here). I'm sitting in profit of double my loss on my open UC and NC right now.
Thanks BP
all the best
  • #4,129
  • Sep 23, 2016 6:23am Sep 23, 2016 6:23am
Chance for everyone to take the GBPNZD buy if they missed out.
So many in the Commercial section want to make me rich! :o
  • #4,130
  • Sep 23, 2016 6:27am Sep 23, 2016 6:27am
I took this EG trade and it hit sl.
However I see you are long on EG.
Was this incorrect trade?
Attached Image (click to enlarge)
Click to Enlarge Name: EG SMA.jpg Size: 320 KB
  • #4,131
  • Sep 23, 2016 6:28am Sep 23, 2016 6:28am
Quoting thor888
{quote} Weird. According to my chart, u shld be LONG Gold for e.g. Silver as well and some others. {image}
Gold and Silver reach their resistances and form engulfing too. Therefore, time to short.
  • #4,132
  • Sep 23, 2016 6:29am Sep 23, 2016 6:29am
Quoting FX-Flux
Chance for everyone to take the GBPNZD buy if they missed out.
it's moving down?!
Human beings are members of a whole, In creation of one essence and sol.
  • #4,133
  • Sep 23, 2016 6:30am Sep 23, 2016 6:30am
Quoting FX-Flux
Chance for everyone to take the GBPNZD buy if they missed out.
Hi FX-Flux
Please see my Monthly chart purely for analysis only, its almost at support, so there is a very good chance that its going up, I would take the trade but I don't like being in at the weekend with Oanda, hopefully I still have a chance early Monday morning
good luck
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDMonthly.png Size: 58 KB
  • #4,134
  • Sep 23, 2016 6:33am Sep 23, 2016 6:33am
Quoting FX-Flux
Chance for everyone to take the GBPNZD buy if they missed out.
Thanks for the heads up flux, might as well jump on the money train for a cheaper price since I was stopped out of EG.
  • #4,135
  • Sep 23, 2016 6:33am Sep 23, 2016 6:33am
Quoting Bk8
G/CHF is back {image}
So so sad I didn't follow the rules in the beginning
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-09-23 at 12.33.17.png Size: 14 KB
So many in the Commercial section want to make me rich! :o
  • #4,136
  • Sep 23, 2016 6:36am Sep 23, 2016 6:36am
Quoting BuffaloPat
{quote} Thanks for the heads up flux, might as well jump on the money train for a cheaper price since I was stopped out of EG.
I set a buy limit around the close of the previous candle, and it triggered not so long ago.

Quoting MrRijk
{quote} it's moving down?!
It might go back up Some of the good moves often retrace before moving in your favour.
So many in the Commercial section want to make me rich! :o
  • #4,137
  • Sep 23, 2016 6:41am Sep 23, 2016 6:41am
Hello Bk8,

Can we enter buy in GbpNzd right now because the current price came down from the opening price.
  • #4,138
  • Sep 23, 2016 6:42am Sep 23, 2016 6:42am
wouldn`t mind to see some P&L from people, who seem to buy/sell 6-10 pairs every day........
anybody successful?
  • #4,139
  • Sep 23, 2016 6:48am Sep 23, 2016 6:48am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts | Online Now
Quoting lucariga
{quote} As usual very gentle BK8. I think that if you can explain briefly day by day WHY YOU TAKE AND WHY YOU DON'T TAKE A POSITION and most importantly HOW AND WHEN YOU PLACE OR MOVE SL AND TP this would be very helpfull for all of us. just my 2 cents
YES, please, bk8!!!

In particular a clear example of the SL for the first position

and

of how you move the SL for the second position on a daily basis

Many thanks!!!
  • #4,140
  • Sep 23, 2016 6:51am Sep 23, 2016 6:51am
Quoting yonnie
wouldn`t mind to see some P&L from people, who seem to buy/sell 6-10 pairs every day........ anybody successful?
There you go Yonnie
just closed all positions for the week, just my perspective, this account live for testing the BK8 system,
all the best
Attached Image (click to enlarge)
Click to Enlarge Name: OANDA - MetaTrader weekly profit.png Size: 74 KB
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