Monthly Profit - Daily Trading using SMA | Page 304 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #6,061
  • Oct 17, 2016 1:15am Oct 17, 2016 1:15am
Quoting josephkee
{quote} Hello Smurf you went into hiding. Welcome bk.
Busy working for more capital to trade. Lolx.... in my la la lands..
Newbie Noob Trading
  • #6,062
  • Oct 17, 2016 2:51am Oct 17, 2016 2:51am
Quoting Moonbeam15
Hey Josephkee, CHECK IT OUT. {image}
great effort, thanks for sharing. why not start you own thread so that people don't get things mixed up?
  • #6,063
  • Oct 17, 2016 3:05am Oct 17, 2016 3:05am
here is my update based on trading using Bk'8 method
1:Oct 12 A/U short, Oct 14 hit SL
2:Oct 13 E/A short position 1, Oct 14 hit TP
3:Oct 13 E/A short position 2, still running and set SL to BE.

didn't take any position today but will update when the market close to look for possible trade,
I have been following this thread since post #1 and took me weeks to finally keep myself finished reading the 304th page today.

a lot has happened, traders come and go, but to those who stick around and have faith in Bk8 system, we can make this system successful in the long run with active participants who share and contributing their understanding of market betters.

cheers, happy to discover this thread and looking forward to contribute as well. I am just newbie starting to learn the rope.
Thanks again, for Bk8, yonnie, fx-flux, etc who actively participated in these threads
  • #6,064
  • Oct 17, 2016 3:43am Oct 17, 2016 3:43am
Quoting Moonbeam15
Hey Josephkee, CHECK IT OUT. {image}
Hello friend! Your screenshot looks very good! Please add it to the indicators of the post. I think all of you will be very grateful! Thx!
  • #6,065
  • Oct 17, 2016 7:08am Oct 17, 2016 7:08am
Quoting DenisK152
{quote} Hello friend! Your screenshot looks very good! Please add it to the indicators of the post. I think all of you will be very grateful! Thx!
No, those who are grateful will be those who listen snd humble.
There are now 35 who pm me.
But there are stll monkeys like Monaghan who still think we are out to spoil his party. Unless someone shut this monkey off then I think you are doing the many who are interested.
I am in discussion with Moonbeam to start a thread soon so that this guy will be ban from it.
Thank you
  • #6,066
  • Oct 17, 2016 8:07am Oct 17, 2016 8:07am
Quoting Fadhl
The following setups seem correct: Short USDCAD (if it breaks 1.314(Resistance level)) EURNZD Silverl Gold Long USDJPY AUDJPY There are other pairs that meet the criteria but they are actually almost at the extreme of their range. So the Risk-Reward is not interesting such CHF pairs.
Hi Fadhl,

I don't know if the usdyen you mentioned is hitting the resistance I spoke about? Did you enter?
thanks
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  • #6,067
  • Oct 17, 2016 8:38am Oct 17, 2016 8:38am
Quoting josephkee
{quote} Hi Fadhl, I don't know if the usdyen you mentioned is hitting the resistance I spoke about? Did you enter? thanks {image}
Yes, I took my profit at 104.35. I will enter long again around 102.8-103.3.
I'm also in short USDCAD.
  • #6,068
  • Oct 17, 2016 8:43am Oct 17, 2016 8:43am
Quoting Fadhl
{quote} Yes, I took my profit at 104.35. I will enter long again around 102.8-103.3. I'm also in short USDCAD.
USDyen you are entering on support? I am also in USDCAD.
  • #6,069
  • Oct 17, 2016 8:59am Oct 17, 2016 8:59am
Quoting josephkee
{quote} USDyen you are entering on support? I am also in USDCAD.
As I mentioned in my previous post, USD is bullish for key reasons: Strong economy in comparison to the rest of the world and US Election is almost a done deal with Hilary as president. So entering long at support level is fine.
EURNZD seems very good, too!
  • #6,070
  • Oct 17, 2016 9:20am Oct 17, 2016 9:20am
Quoting Fadhl
{quote} Yes, I took my profit at 104.35. I will enter long again around 102.8-103.3. I'm also in short USDCAD.
As part of new experiment, I took profit from first position from U/C and sencond position is still open and profitable
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  • #6,071
  • Oct 17, 2016 9:23am Oct 17, 2016 9:23am
just took long AUDUSD. Any comment Bk8?

thank you

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 50 KB
Let Market Tell You
  • #6,072
  • Oct 17, 2016 9:24am Oct 17, 2016 9:24am
I took AU last night as part of new experiment, so far so good
Attached Image (click to enlarge)
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  • #6,073
  • Oct 17, 2016 9:25am Oct 17, 2016 9:25am
Quoting Monokl
just took long AUDUSD. Any comment Bk8? thank you {image}
Perfect timing.. just posted on A/U
  • #6,074
  • Oct 17, 2016 9:27am Oct 17, 2016 9:27am
Quoting Fadhl
{quote} As I mentioned in my previous post, USD is bullish for key reasons: Strong economy in comparison to the rest of the world and US Election is almost a done deal with Hilary as president. So entering long at support level is fine. EURNZD seems very good, too!
I forgot to mention that I took E/N too
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  • #6,075
  • Oct 17, 2016 9:38am Oct 17, 2016 9:38am
Quoting Bk8
{quote} I forgot to mention that I took E/N too {image}
Miss the entry. now hoping rebound, and take short later.
very clear down road..no jam..
TQ Bk8
Let Market Tell You
  • #6,076
  • Oct 17, 2016 9:43am Oct 17, 2016 9:43am
AUDCAD seems like correction. Could it make higher?
TQ
Let Market Tell You
  • #6,077
  • Oct 17, 2016 10:25am Oct 17, 2016 10:25am
Quoting josephkee
{quote} Hi I would be glad to share. If you have read some of the post in response to my earlier sharing, the tone of their message is that there need to have test to substantiate my claims. That I believe goes against the spirit of a good thread. So I chose to only speak in private to those who appreciate my effort and for the record I have received at least twenty of you who pm me and were keen and listen. I was kept busy but I am glad so many care to listen because the indicator is right before your eyes and if you are not aware and told, your...
hi josephkee,

Just to clarify, I and all top contributors are trying to keep this thread clean as much as possible.. we certainly welcome new ideas and even I keep experimenting but I share only when I have some data to showcase. Trading is hobby for me but it could be a source of bread and butter for someone so we have to be little careful when we share half cooked strategy. I tested SMA (5,3) and (5,0) cross and asked everyone to test as a alternate option...we will make it part of long term strategy if it gives consistent profit for next 5-6 months.
  • #6,078
  • Oct 17, 2016 10:25am Oct 17, 2016 10:25am
Quoting Bk8
{quote} I forgot to mention that I took E/N too {image}
Hi Bk8, what are the MA exactly on your charts please? As they are not parallel I guess the second one is not 5,3. Can you explain a bit more in case I missed something of your current experiment please?
I used to be indecisive but now I'm not so sure...
  • #6,079
  • Oct 17, 2016 10:32am Oct 17, 2016 10:32am
One trade active for me -EURNZD now 178 pips in profit, taken on the 5,0 sma

Can someone please clarify what the buy signal is for the 5,0 & 5,3 alternate strategy?

Thanks
  • #6,080
  • Oct 17, 2016 10:34am Oct 17, 2016 10:34am
Quoting Monokl
{quote} Miss the entry. now hoping rebound, and take short later. very clear down road..no jam.. TQ Bk8


Hi Monokl,
Please check post 5,923... of course if Bk8 had mentioned it in the first place it would have been more credible...

Your humble servant
I used to be indecisive but now I'm not so sure...
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