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Monthly Profit - Daily Trading using SMA

  • #4,401
  • Sep 25, 2016 5:00pm Sep 25, 2016 5:00pm
not sure about A/CH.....EUR and USD were stronger last Friday.
will place half my normal position, but will only sell if it reaches Friday`s closing price.
just for you Bk8
  • #4,402
  • Sep 25, 2016 5:04pm Sep 25, 2016 5:04pm
Quoting yonnie
{quote} sorry, but it seems your limit order is not my limit order. when I place a pending limit order @ 113.41 I can only buy @ 113.41 or lower with my broker. actually my buy limit order worked out a little cheaper and got filled @ 113.404 maybe some brokers dont have the real limit orders.
that's true, the same here, but if the price is filled, I still have to start with the large spread
  • #4,403
  • Edited 6:05pm Sep 25, 2016 5:08pm | Edited 6:05pm
Quoting bobhowson
{quote} eg: GBPUSD I have a BUY PENDING ORDER @ 1.31008 IF the market hits this level my trade will trigger if not no big deal. This pair is Over Sold at the moment and I reckon it will head North back to the 1.34 area. My Pending Orders Are: GBPUSD BUY Stop @ 1.31008 GBPJPY BUY STOP @ 132.385 EURAUD BUY STOP @ 1.4745 AUDSGD SELL STOP @ 1.03375 AUDUSD SELL STOP @ 0.76032
Bob, I am puzzled as to why you have a buy order for EURAUD at that price, when on H1 only 13 pips above your buy stop is a resistance since the down move on 21 september.
  • #4,404
  • Sep 25, 2016 5:08pm Sep 25, 2016 5:08pm
Quoting Forex Lion
{quote} that's true, the same here, but if the price is filled, I still have to start with the large spread
for example: my buy limit order at 113.40 has been triggered at 113.40, but I start with 113.30 due to spread difference
  • #4,405
  • Sep 25, 2016 5:09pm Sep 25, 2016 5:09pm
Quoting Oddbjorg
Hello all. ey long is the best setup I see. But of course I am ready to be corrected. Have a nice Sunday. Oddbj.
Sl 15 pips triggered. Stop for today. Will be back in 23 hours.
thank you
Oddbj
All the best to all of you. But don't follow me. I am a learner.
  • #4,406
  • Sep 25, 2016 5:23pm Sep 25, 2016 5:23pm
So far so good.
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  • #4,407
  • Sep 25, 2016 5:24pm Sep 25, 2016 5:24pm
Quoting yonnie
{quote} I place buy/sell limits. just now with E/J I placed a buy limit @ the closing price of last Friday and price came back to 113.41 and triggered my order. sometimes though you have to bite the bullet to get onto a run-away train if you dont want to miss out.
Thanks yonnie. I will try place limit orders during the next group of trades.

I ended up biting the bullet for E/J but the spread was 14 so it will take longer to turn profitable and in the end it hasn't moved much at all and could enter now at a lot less cost.

A/C waited for the spread to calm down.
  • #4,408
  • Edited 5:45pm Sep 25, 2016 5:33pm | Edited 5:45pm
Quoting Forex Lion
{quote} for example: my buy limit order at 113.40 has been triggered at 113.40, but I start with 113.30 due to spread difference
now I understand why we have a different outcome. the pending buy limit order is triggered differently.
yours turns into a market order if hit, while mine is triggered by the sell quote and I get the price I want.
you might want to look for a different broker.
  • #4,409
  • Sep 25, 2016 5:40pm Sep 25, 2016 5:40pm
Quoting PipThePanda
{quote} Thanks yonnie. I will try place limit orders during the next group of trades. I ended up biting the bullet for E/J but the spread was 14 so it will take longer to turn profitable and in the end it hasn't moved much at all and could enter now at a lot less cost. A/C waited for the spread to calm down.
To avoid big spreads, especially on a Monday candle, wait for an hour or so for brokers who are closed over the weekend to catch up with interbank rate which never closes. You might see the gaps formed if you wait.
Good trading to all
Never argue with a fool; onlookers may not be able to tell the difference.
  • #4,410
  • Sep 25, 2016 5:43pm Sep 25, 2016 5:43pm
Quoting Oddbjorg
Hello all. ey long is the best setup I see. But of course I am ready to be corrected. Have a nice Sunday. Oddbj.
well done on your choice of E/J
you`re the quiet little beaver in the back ground
  • #4,411
  • Sep 25, 2016 5:47pm Sep 25, 2016 5:47pm
did you see that guys - I now got a little yellow diamond next to my name - and that after being a member for 8 years - am immensly proud of it
  • #4,412
  • Sep 25, 2016 5:58pm Sep 25, 2016 5:58pm
Quoting yonnie
did you see that guys - I now got a little yellow diamond next to my name - and that after being a member for 8 years - am immensly proud of it
Better late , than never You deserved it
Read 1st post , if you don't understand something , then , ask a question
  • #4,413
  • Sep 25, 2016 6:04pm Sep 25, 2016 6:04pm
Quoting Oddbjorg
{quote} Sl 15 pips triggered. Stop for today. Will be back in 23 hours. thank you Oddbj
at what price was SL for EURJPY???
  • #4,414
  • Sep 25, 2016 6:08pm Sep 25, 2016 6:08pm
Quoting yonnie
{quote} well done on your choice of E/J you`re the quiet little beaver in the back ground
Thank you yonnie.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #4,415
  • Edited 7:02pm Sep 25, 2016 6:25pm | Edited 7:02pm
@ ghibli: thank you!
@ shimmering: doesn`t matter what oddbjorg`s SL is. look in post 1 for where it should be.
@ oddbjorg: are you related to the famous tennis player?
  • #4,416
  • Sep 25, 2016 6:29pm Sep 25, 2016 6:29pm
Quoting yonnie
did you see that guys - I now got a little yellow diamond next to my name - and that after being a member for 8 years - am immensly proud of it
U deserve it bro...👍👍congrats..
  • #4,417
  • Sep 25, 2016 6:34pm Sep 25, 2016 6:34pm
Quoting yonnie
{quote} well done on your choice of E/J you`re the quiet little beaver in the back ground
Thank you yonnie.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #4,418
  • Sep 25, 2016 6:35pm Sep 25, 2016 6:35pm
Quoting yonnie
@ Tooslow: just read post 1
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,419
  • Sep 25, 2016 6:35pm Sep 25, 2016 6:35pm
Quoting yonnie
did you see that guys - I now got a little yellow diamond next to my name - and that after being a member for 8 years - am immensly proud of it
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #4,420
  • Sep 25, 2016 6:39pm Sep 25, 2016 6:39pm
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Comparing sma5 with ema5
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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