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Monthly Profit - Daily Trading using SMA

  • #4,721
  • Sep 27, 2016 6:46am Sep 27, 2016 6:46am
As BK8 says, sometimes we wake up to surprises. Going to let GC play out.
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  • #4,722
  • Sep 27, 2016 6:56am Sep 27, 2016 6:56am
Quoting Bk8
{image}
Hey Bk8, just to clarify, why this candle didn't stop your trade?

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  • #4,723
  • Sep 27, 2016 7:10am Sep 27, 2016 7:10am
Quoting Bk8
Last chance to get out from G/C I posted similar suggestions on Sunday night when G/N and N/C were profitable {image}
Did you get out? I'm holding till it hits SL.
  • #4,724
  • Sep 27, 2016 7:15am Sep 27, 2016 7:15am
Quoting Karemi-Trade
{quote} 10 in a row? which pairs did you trade?
EurJpy,GbpNzd,AudChf,EurAud,EurChf,CadJpy
  • #4,725
  • Sep 27, 2016 7:20am Sep 27, 2016 7:20am
Quoting josephkee
{quote} Thanks for the reminder. Unless you think it will go up to your favour.
Still there? New offer, take 35 pips and exit.
Deal... No Deal
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  • #4,726
  • Sep 27, 2016 7:20am Sep 27, 2016 7:20am
Hello. gc long No1.: 1,71891, No2.:1,71812
All the best to all of you. But don't follow me. I am a learner.
  • #4,727
  • Sep 27, 2016 7:35am Sep 27, 2016 7:35am
Gbp cad doing well right now.eurchf is not good
  • #4,728
  • Sep 27, 2016 7:35am Sep 27, 2016 7:35am
Quoting marsss
{quote} EurJpy,GbpNzd,AudChf,EurAud,EurChf,CadJpy
We have not recommended C/J most of them, Only E/J and A/CHF hit stop loss. E/A has 250+pips profit
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  • #4,729
  • Sep 27, 2016 7:36am Sep 27, 2016 7:36am
Quoting Bk8
{quote} Still there? New offer, take 35 pips and exit. Deal... No Deal {image}
after many days i took a trade today, there is my opened position.

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Work Hard In Silence, Let Your Success Be Your Noise.
  • #4,730
  • Sep 27, 2016 7:37am Sep 27, 2016 7:37am
Hi just a little suggestion.
For those who don't like to look at Weekly, why not take only those Daily buy setups on a higher low, and vice versa. Everything can remain the same. Any edge? Maybe slightly. Or forget what I have mentioned.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,731
  • Sep 27, 2016 7:38am Sep 27, 2016 7:38am
Quoting Bk8
Good Morning All, Last 3 consecutve trading days are not in our favor.... never happened before, We took few weak setups too so going forward will take strong setups only until we recover these 3 days.
May I ask how you design the setup is weak or strong?
For me, take today EURJPY as example, I though
1. it touch lower BB in the previous day
2. the SMA is far from the middle BB, have room for long
are already a strong setup,
but the result is opposite to my expectation.
Regards,
Brian
  • #4,732
  • Sep 27, 2016 7:52am Sep 27, 2016 7:52am
Quoting Oddbjorg
Hello. gc long No1.: 1,71891, No2.:1,71812
Hi. Took 1) 15 pips and 2) 23 pips. Want to get out because of the wick. So 38 pips in one hour.
Thank you bk8 and you other teachers. Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #4,733
  • Sep 27, 2016 7:58am Sep 27, 2016 7:58am
Quoting Mhons
{quote} Yep, me too, started trading this strategy on live account this week. First loss EUR/JPY, according to MM it is acceptable, right now 2 trades in red GBP/CAD and EUR/UCHF, but untill we get SL it is okay, you never know what market will do It is good for newbies to see the other side of trading, you cant get 100% success .
Mhons system work in itself just need some perfection on geting entry point that is the main difficulty...
  • #4,734
  • Sep 27, 2016 8:01am Sep 27, 2016 8:01am
Quoting marinecorps
As BK8 says, sometimes we wake up to surprises. Going to let GC play out. {image}
Hi
On your chart you drawn supply and demand zone.
Are you drawing them manually or using an indicator?
Cheers.
Merka
  • #4,735
  • Sep 27, 2016 8:02am Sep 27, 2016 8:02am
Quoting marsss
{quote} EurJpy,GbpNzd,AudChf,EurAud,EurChf,CadJpy
Go and learn try to understand not just read posst #1 ppllllllllllllllllllllllllllllllllllllllllllllllllll
  • #4,736
  • Sep 27, 2016 8:07am Sep 27, 2016 8:07am
Quoting Bk8
{quote} Still there? New offer, take 35 pips and exit. Deal... No Deal {image}
So what u decided bk8, to deal it ? infect i did not take tp of 35 i m still in and waiting
  • #4,737
  • Sep 27, 2016 8:31am Sep 27, 2016 8:31am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting shum
{quote} agree mate, if you know what to trade, and when to trade, but here are a lot of new guys, they dont have the patience to stay so much in a trade, like you..so i have tryed to explain a method what for sure work..in long term..but its ok, i can stop to say all this and keep this system simple like it was from the begin
Believe me, shum, you helped a lot and I hope you continue to help! Those discussions bring out subjets whose contents make oneself to trade better!

There are many learners here and bk8 wrote that he wants them to continue learning...
  • #4,738
  • Sep 27, 2016 8:34am Sep 27, 2016 8:34am
Quoting marsss
{quote} EurJpy,GbpNzd,AudChf,EurAud,EurChf,CadJpy
What time of day did you open your trades?

Opening trades in my timeframe (GMT+3) is a bit problematic. I'm (usually) sleeping when the new daily candles open, and when I wake up the in the morning (GMT4-5) the best possibilities to get in early enough are gone. Not always, of course, but I find it more difficult to find a good entry during the early european session.
  • #4,739
  • Sep 27, 2016 8:43am Sep 27, 2016 8:43am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
[quote=[B]monaghan[/b]

9163381]Hi All amazing hey, everybody was euphoric last week now that things are not going to plan panic sets in , backtesting, weekly charts, do this do that, for me its simple if you cant afford to take a loss don't trade this method, look on some other thread, the rules are clear, if you cant stand the heat get out of the kitchen[/

[quote=[B]Bk8[/b]

9049132]I am sharing the simplest strategy for stress free day trading...

we will be helping traders who were never profitable

we will be helping retired/jobless person to make money

we will be helping new traders to survive in the market and list goes on...

Do not get me wrong but the above was written by this thread's author (help, help, help...)

All the best!
  • #4,740
  • Sep 27, 2016 8:49am Sep 27, 2016 8:49am
Quoting jmmn
Quoting monaghan 9163381
Hi All amazing hey, everybody was euphoric last week now that things are not going to plan panic sets in , backtesting, weekly charts, do this do that, for me its simple if you cant afford to take a loss don't trade this method, look on some other thread, the rules are clear, if you cant stand the heat get out of the kitchen[/
Quoting Bk8 9049132
I am sharing the simplest strategy for stress free day trading... we will be helping traders who were never profitable we will be helping retired/jobless person to make money
...

Quite honestly,

few trading losses, but the wins have dwarfed the losses, not sure what the issue is - he wants to help people as do many? I for one appreciate it.
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