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Monthly Profit - Daily Trading using SMA

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  • Post #4,501
  • Quote
  • Sep 26, 2016 5:12am Sep 26, 2016 5:12am
  •  Blackeagle
  • Joined Aug 2005 | Status: Member | 1,261 Posts
Considering today's AUDCHF Sell signal and EURJPY Buy signal, please compare the two line charts and try to see the difference. AUDCHF has a perfect V shape reversal when crossing SMA while EURJPY shows indecision (sideways). Therefore AUDCHF signal has a better quality, IMO.

Regards,
Blackeagle
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  • Post #4,502
  • Quote
  • Sep 26, 2016 5:15am Sep 26, 2016 5:15am
  •  mizi123
  • Joined Jan 2015 | Status: Never underestimate value of an pip | 3,888 Posts
Hi guys i em happy that 2 pairs from my suposed ones are in the qulifing setups of the week (these means that i em doing well with my spoting point ). But what i have done for my self is next: I have put 1 indicator wich marks High and Low of previous day and allsaw these semafor wich shows me the top (in these case bottom line of price) in these way i can finde better enty ponts. I do these because for example like today EUR/JPY has done that monday retracment (wich is normall for pairs wich have moved in friday largley). I have done something wich i hope will work in the future happy week to all of you
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  • Post #4,503
  • Quote
  • Sep 26, 2016 5:29am Sep 26, 2016 5:29am
  •  Blackeagle
  • Joined Aug 2005 | Status: Member | 1,261 Posts
Quoting mizi123
Disliked
... these semafor wich shows me the top (in these case bottom line of price) in these way i can finde better enty ponts..... {image}
Ignored
Do not trust Semaphor to find tops and bottoms as it works like ZigZag and repaints. If price goes below 112.075, current bottom Semaphor will disappear and you'll see a new Semaphor on the bar.

Regards,
Blackeagle
  • Post #4,504
  • Quote
  • Sep 26, 2016 5:32am Sep 26, 2016 5:32am
  •  josephkee
  • | Joined Jan 2015 | Status: Member | 304 Posts
Quoting Blackeagle
Disliked
{quote} Do not trust Semaphor to find tops and bottoms as it works like ZigZag and repaints. If price goes below 112.075, current bottom Semaphor will disappear and you'll see a new Semaphor on the bar. Regards, Blackeagle
Ignored
Yes. It looks good on hindsight Making you think you have found the holy grail.
  • Post #4,505
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  • Sep 26, 2016 5:45am Sep 26, 2016 5:45am
  •  7Keys
  • | Joined Aug 2016 | Status: Member | 11 Posts
i took EA last friday.
i also took USDSDG yesterday at market open, looked to me the best setup.
  • Post #4,506
  • Quote
  • Sep 26, 2016 6:07am Sep 26, 2016 6:07am
  •  mizi123
  • Joined Jan 2015 | Status: Never underestimate value of an pip | 3,888 Posts
Quoting Blackeagle
Disliked
{quote} Do not trust Semaphor to find tops and bottoms as it works like ZigZag and repaints. If price goes below 112.075, current bottom Semaphor will disappear and you'll see a new Semaphor on the bar. Regards, Blackeagle
Ignored
Yes i agree with you but when the BIg sun appers in level were is previuous day support or rezistance that then make sens....
  • Post #4,507
  • Quote
  • Sep 26, 2016 7:07am Sep 26, 2016 7:07am
  •  BlackNapkins
  • Joined Jan 2016 | Status: Member | 629 Posts
Quoting mizi123
Disliked
{quote} Yes i agree with you but when the BIg sun appers in level were is previuous day support or rezistance that then make sens....
Ignored
I am sorry but does not ...
nice explanation how it really works can be found in http://www.forexfactory.com/showthread.php?t=606164
BN
  • Post #4,508
  • Quote
  • Sep 26, 2016 8:02am Sep 26, 2016 8:02am
  •  Bk8
  • Joined Jan 2015 | Status: Member | 1,533 Posts
Good Morning All,

Yeaterdays weak setups are under water but recoverng fast... menatime we can be still happy with profits from G/CHF, G/A and A/U

G/CHF +400 pips, G/A 690 pips
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  • Post #4,509
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  • Sep 26, 2016 8:12am Sep 26, 2016 8:12am
  •  ola08
  • | Joined Nov 2009 | Status: Member | 75 Posts
Quoting Bk8
Disliked
Good Morning All, Yeaterdays weak setups are under water but recoverng fast... menatime we can be still happy with profits from G/CHF, G/A and A/U G/CHF +400 pips, G/A 690 pips {image}
Ignored
Hi BK8,
Are these last week trades?
  • Post #4,510
  • Quote
  • Sep 26, 2016 8:26am Sep 26, 2016 8:26am
  •  lucariga
  • | Joined Apr 2012 | Status: Member | 571 Posts
Quoting Bk8
Disliked
Good Morning All, Yeaterdays weak setups are under water but recoverng fast... menatime we can be still happy with profits from G/CHF, G/A and A/U G/CHF +400 pips, G/A 690 pips {image}
Ignored
Great trade. Why the SL is so high? Shouldn't it be 15 pips above friday high?
  • Post #4,511
  • Quote
  • Sep 26, 2016 8:37am Sep 26, 2016 8:37am
  •  Ghibli
  • Joined Oct 2014 | Status: Member | 323 Posts
Quoting jmmn
Disliked
{quote} Yes, ghibli, it is a long because the BB are "optional" in the post #1. No? {image}
Ignored
No , it isn't not with this system..please go to http://www.forexfactory.com/showthre...01#post9160001
Read 1st post , if you don't understand something , then , ask a question
  • Post #4,512
  • Quote
  • Sep 26, 2016 8:43am Sep 26, 2016 8:43am
  •  adalis
  • | Joined Sep 2016 | Status: Member | 21 Posts
Go go go 😁
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  • Post #4,513
  • Quote
  • Sep 26, 2016 8:58am Sep 26, 2016 8:58am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 525 Posts
Quoting Ghibli
Disliked
{quote} No , it isn't not with this system..please go to http://www.forexfactory.com/showthre...01#post9160001
Ignored
Good points, thanks!!!
  • Post #4,514
  • Quote
  • Sep 26, 2016 9:02am Sep 26, 2016 9:02am
  •  Ghibli
  • Joined Oct 2014 | Status: Member | 323 Posts
Quoting jmmn
Disliked
{quote} Good points, thanks!!!
Ignored
Read 1st post , if you don't understand something , then , ask a question
  • Post #4,515
  • Quote
  • Sep 26, 2016 9:08am Sep 26, 2016 9:08am
  •  haemdoc
  • | Joined Nov 2015 | Status: Member | 77 Posts
Hello
Please help me understand this. According to the this week's set ups Audchf short was suggested. I see that the D1 candle that crossed SMA was a bullish candle.
Do we still take this short position?
Thank you for your advice.

Haemdoc
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  • Post #4,516
  • Quote
  • Sep 26, 2016 9:15am Sep 26, 2016 9:15am
  •  Ghibli
  • Joined Oct 2014 | Status: Member | 323 Posts
Quoting haemdoc
Disliked
Hello Please help me understand this. According to the this week's set ups Audchf short was suggested. I see that the D1 candle that crossed SMA was a bullish candle. Do we still take this short position? Thank you for your advice. Haemdoc {image}
Ignored
Hi , please check your SMA settings..I think you are using SHIFT 3..it should be SHIFT 0
Read 1st post , if you don't understand something , then , ask a question
  • Post #4,517
  • Quote
  • Sep 26, 2016 9:24am Sep 26, 2016 9:24am
  •  haemdoc
  • | Joined Nov 2015 | Status: Member | 77 Posts
Quoting Ghibli
Disliked
{quote} Hi , please check your SMA settings..I think you are using SHIFT 3..it should be SHIFT 0
Ignored
Thank you. I was using shift 3, now changed to 0 and its a red candle.
  • Post #4,518
  • Quote
  • Sep 26, 2016 9:27am Sep 26, 2016 9:27am
  •  josephkee
  • | Joined Jan 2015 | Status: Member | 304 Posts
Quoting haemdoc
Disliked
Hello Please help me understand this. According to the this week's set ups Audchf short was suggested. I see that the D1 candle that crossed SMA was a bullish candle. Do we still take this short position? Thank you for your advice. Haemdoc {image}
Ignored
Your chart does not look right. Is your GMTt2. Ny closed 5pm?
  • Post #4,519
  • Quote
  • Sep 26, 2016 9:33am Sep 26, 2016 9:33am
  •  theinarasu91
  • | Joined Sep 2016 | Status: Member | 4 Posts
Quoting haemdoc
Disliked
{quote} Thank you. I was using shift 3, now changed to 0 and its a red candle.
Ignored
Hi ,

for the SMA setting the shift should be 0 ? or 3
  • Post #4,520
  • Quote
  • Sep 26, 2016 9:48am Sep 26, 2016 9:48am
  •  Ghibli
  • Joined Oct 2014 | Status: Member | 323 Posts
Quoting theinarasu91
Disliked
{quote} Hi , for the SMA setting the shift should be 0 ? or 3
Ignored
Hi ,it should be 0
Read 1st post , if you don't understand something , then , ask a question
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