Monthly Profit - Daily Trading using SMA | Page 272 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #5,421
  • Oct 3, 2016 1:51am Oct 3, 2016 1:51am
Quoting Gilliam
{quote} Yonnie or any one else... why will the previous candle be defined to have momentum upwards in comparison with its preceding candle downwards? Does momentum only counts for upwards? Thanks in advance
no, momentum is not only for up - is for down as well.
the preceding candle had good momentum too and had a nice closing finish near the low.
however, we don't take that trade, because its right in the resistance area from 4 candles in August.
the previous candle has even more momentum - see how its going down to about 1.0810 and then shoots up all the way to around 1.0918 and practically ends on the day`s high.
wow, day`s range of 108 pips for E/CH!
  • #5,422
  • Oct 3, 2016 2:13am Oct 3, 2016 2:13am
All profits wiped now Better hope this week is good.
So many in the Commercial section want to make me rich! :o
  • #5,423
  • Oct 3, 2016 2:33am Oct 3, 2016 2:33am
Quoting FX-Flux
All profits wiped now Better hope this week is good.
Hi flux.
I want to ask u ,how long u r following this system on real account. And what is average %?
Thanks
  • #5,424
  • Oct 3, 2016 2:52am Oct 3, 2016 2:52am
Quoting uaehawx
here we have price out off lower BB and we have big candle also big time frame trend up i think good setup for buy here exp i hope this good setup good luck {image} {image}
I took this one best signal and a strong weekly chart aswell. We shall see???
  • #5,425
  • Oct 3, 2016 3:09am Oct 3, 2016 3:09am
Quoting jelloooo1
{quote} Hi flux. I want to ask u ,how long u r following this system on real account. And what is average %? Thanks
Ive been following for a few months. Ive been live for just a month and the results for this month have been bad as you can see from the trade explorer. The month before on a demo account were great, and the first 2-3weeks on live were great, but it has been the last week wiped everything, i was up 90% but now you can see I'm negative.
So many in the Commercial section want to make me rich! :o
  • #5,426
  • Oct 3, 2016 3:13am Oct 3, 2016 3:13am
Quoting FX-Flux
{quote} Ive been following for a few months. Ive been live for just a month and the results for this month have been bad as you can see from the trade explorer. The month before on a demo account were great, and the first 2-3weeks on live were great, but it has been the last week wiped everything, i was up 90% but now you can see I'm negative.
if over 2-3 weeks you was up 90% and then in a week you are down 15%, then whatever risk management you are using is ridiculous and stupid.
Try adjusting your risk management and/or reading up about it and how to apply it to your trading before doing anymore trades.
  • #5,427
  • Oct 3, 2016 3:17am Oct 3, 2016 3:17am
Quoting FX-Flux
{quote} Ive been following for a few months. Ive been live for just a month and the results for this month have been bad as you can see from the trade explorer. The month before on a demo account were great, and the first 2-3weeks on live were great, but it has been the last week wiped everything, i was up 90% but now you can see I'm negative.
Hi Fx-Flux;
The same...
Human beings are members of a whole, In creation of one essence and sol.
  • #5,428
  • Oct 3, 2016 3:33am Oct 3, 2016 3:33am
Quoting FX-Flux
{quote} Ive been following for a few months. Ive been live for just a month and the results for this month have been bad as you can see from the trade explorer. The month before on a demo account were great, and the first 2-3weeks on live were great, but it has been the last week wiped everything, i was up 90% but now you can see I'm negative.
Hi same to me.i have also started it in sep on real. With 110$ and in first two week I earned 120$.3rd week only 10$. 4th week i have in hand total 20$ of profit. lost nearly all the profit. but I don't blame the system as my trades r not same to bk8.
I have back test it a lot in strategy tester on ma 5,2 with 100 to 130 pip sl it's worked.
I did not backtest it with 5,0 .now I put both ma on chart and I found that all my losing entries never clearly crossed the MA 5,2 ,they have crossed only the ma5,0.
So I am still confused that I should use 5,0 or 5,2.
  • #5,429
  • Oct 3, 2016 3:53am Oct 3, 2016 3:53am
Quoting deankenny21
{quote} if over 2-3 weeks you was up 90% and then in a week you are down 15%, then whatever risk management you are using is ridiculous and stupid. Try adjusting your risk management and/or reading up about it and how to apply it to your trading before doing anymore trades.
Yeah you are right, but the minimum lot size is 0.01 so for a £100 account you can hardly apply any sort of risk manage management for the SL sizes required.
So many in the Commercial section want to make me rich! :o
  • #5,430
  • Oct 3, 2016 4:15am Oct 3, 2016 4:15am
Hello. I can not see a good set up. I will just wait. ...it won't rain allways. Just hang on, the sun will shine again.
Thank you bk8. Your positive attitude through this tread amazes me.
oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #5,431
  • Oct 3, 2016 6:01am Oct 3, 2016 6:01am
Quoting FX-Flux
{quote} Yeah you are right, but the minimum lot size is 0.01 so for a 100 account you can hardly apply any sort of risk manage management for the SL sizes required.
In that case you need to adjust to suit your small account, such as Oanda (NON-MT4) account where you can trade as little as 1cent per pip.
  • #5,432
  • Oct 3, 2016 7:30am Oct 3, 2016 7:30am
Quoting deankenny21
{quote} In that case you need to adjust to suit your small account, such as Oanda (NON-MT4) account where you can trade as little as 1cent per pip.
Ah that's quite interesting. So you can apply proper risk management.
So many in the Commercial section want to make me rich! :o
  • #5,433
  • Oct 3, 2016 7:57am Oct 3, 2016 7:57am
Quoting FX-Flux
{quote} Ah that's quite interesting. So you can apply proper risk management.
Yes, i believe you can trade as low as only 100 units
  • #5,434
  • Oct 3, 2016 8:25am Oct 3, 2016 8:25am
Long USDCHF

Attached Image
  • #5,435
  • Oct 3, 2016 9:49am Oct 3, 2016 9:49am
E/G and G/N finally hit the Sl
Read 1st post , if you don't understand something , then , ask a question
  • #5,436
  • Oct 3, 2016 10:06am Oct 3, 2016 10:06am
Quoting Ghibli
E/G and G/N finally hit the Sl
With sma5 shift3 no entry.I think it was a mistake to change the settings on sma5 just more false entry.
  • #5,437
  • Oct 3, 2016 10:14am Oct 3, 2016 10:14am
Quoting Ghibli
E/G and G/N finally hit the Sl
Good times
So many in the Commercial section want to make me rich! :o
  • #5,438
  • Oct 3, 2016 10:52am Oct 3, 2016 10:52am
Quoting mil19793
{quote} With sma5 shift3 no entry.I think it was a mistake to change the settings on sma5 just more false entry.
But you never saw SMA 5 Shift 0 as a mistake all the while when it was delivering hundreds of green pips. because of a day or two loses, yo now think it was a mistake?
Even your SMA 5 shif 3 would have it's red days...no strategy can escape the red days. 5 shift 0 is perfect as it is and as it continue to deliver its hundred and thousands of pips for us, we would also be more conscious and prepared to avoid the red days especially now that we have experienced it.
The World As It Is Can Do With Your Positive Disposition
  • #5,439
  • Oct 3, 2016 11:13am Oct 3, 2016 11:13am
FX-Flux why not trade like in the picture and you will be safe.... Sorry BK8 if i modify a bit coz i don't trust BB eversince. Instead use monthly and weekly trendline and confluence with horizontal lines then you all be safe. You can observe where the best reversal will be for the daily canlde so you will know where is the best TP, then after reversal you will have the confidence after the candle pass through 5SMA and not even waiting for it to close as you can open position already. I like BK8 enlightenment to us about daily candle because it takes out the noise of intraday candles. My two cents folks!
Attached Image (click to enlarge)
Click to Enlarge Name: BK8 Teknik.PNG Size: 42 KB
  • #5,440
  • Oct 3, 2016 11:29am Oct 3, 2016 11:29am
Quoting martyhype
{quote} Hi , yes that is what I mean.regards
Thank you.
Cluttered charts are visual diarrhea. Whats on your charts?
1 trader viewing now