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Monthly Profit - Daily Trading using SMA

  • #6,301
  • Oct 19, 2016 5:50pm Oct 19, 2016 5:50pm
Have you looked at it?? You got to get in the train before the train moves
  • #6,302
  • Oct 19, 2016 5:53pm Oct 19, 2016 5:53pm
Quoting yonnie
{quote} what is so good about U/CH?
Sorry forgot to quuote you. You got to get in the train before the train moves. Here my chart!
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 91 KB
  • #6,303
  • Oct 19, 2016 5:55pm Oct 19, 2016 5:55pm
the only thing is that you don't know which way the train will go.
but I suppose you like surprises
  • #6,304
  • Oct 19, 2016 5:56pm Oct 19, 2016 5:56pm
Quoting yonnie
{quote} what is so good about U/CH?
Just ignore him... I will ban him soon if keeps posting irreverent posts
  • #6,305
  • Oct 19, 2016 6:27pm Oct 19, 2016 6:27pm
Quoting Bk8
{quote} Just ignore him... I will ban him soon if keeps posting irreverent posts
Irreverent posts? Ban me? Why? I just asked a question?
  • #6,306
  • Oct 19, 2016 6:35pm Oct 19, 2016 6:35pm
Trades still holding on using only SMA5,0. All trades are entered with 2 positions, anyone of the trade that have only 1 position means the 1st position had already closed with a TP of at least 1:1. Great system Bk8!
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  • #6,307
  • Oct 19, 2016 6:36pm Oct 19, 2016 6:36pm
Quoting yonnie
the only thing is that you don't know which way the train will go. but I suppose you like surprises
Surprises? Do you do an analysis on a pair before you get in, or enter with the crowd? You are not going to get very far opening 0.01 lots with a 200 pip stop or more sometimes. You have to know when to enter. Since this thread likes facts, here's one;
post #5,996 oct.14th at 6:52 am, i posted sell eur/gbp giving anybody in this thread a chance to make some money. Today, eur/gbp is more than 100 pips lower. Compare the entry when I gave the signal to when this system that we follow gave the signal, believe it or not i do follow it, i just tweaked it as many in here have done to our advantage and with the knowledge
  • #6,308
  • Oct 19, 2016 6:56pm Oct 19, 2016 6:56pm
Quoting PipThePanda
{quote} Set up looks good. But like FX-Flux said the spread is a killer 70 odd for me. So it would have to move a long way to be profitable.
Hi. Thank you. Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #6,309
  • Oct 19, 2016 7:10pm Oct 19, 2016 7:10pm
Quoting FX_California
{quote} Hi Bk8: Which mobile trading platform you use? I like your screen shot. I use Oanda and they don't have the option to have sma (5,3) in the mobile platform (just straight 5 sma). I prefer to have same platform for both trading and charting. If you don't want to discuss the trading platform in this thread, you can pm me. Thx - FX_California
I use Metatrader for my 6 accounts including Oanda
  • #6,310
  • Oct 19, 2016 7:34pm Oct 19, 2016 7:34pm
Quoting caillo
{quote} Surprises? Do you do an analysis on a pair before you get in, or enter with the crowd? You are not going to get very far opening 0.01 lots with a 200 pip stop or more sometimes. You have to know when to enter. Since this thread likes facts, here's one; post #5,996 oct.14th at 6:52 am, i posted sell eur/gbp giving anybody in this thread a chance to make some money. Today, eur/gbp is more than 100 pips lower. Compare the entry when I gave the signal to when this system that we follow gave the signal, believe it or not i do follow it, i just...
you could have been lucky with your earlier call for E/G. I would not have a clue.
I would say most profitable traders would need a little more confirmation to where price is likely to go and would not enter in the congestion area.
a prime example is Feb2865`s system no 1 thread.
but everybody trades differently and who knows if your way is better than Bk8`s system.
but lets keep to the topic in Bk8`s thread.
why not open a trade explorer and show us what you`re made of???
  • #6,311
  • Oct 19, 2016 7:39pm Oct 19, 2016 7:39pm
Quoting caillo
{quote} Surprises? Do you do an analysis on a pair before you get in, or enter with the crowd? You are not going to get very far opening 0.01 lots with a 200 pip stop or more sometimes. You have to know when to enter. Since this thread likes facts, here's one; post #5,996 oct.14th at 6:52 am, i posted sell eur/gbp giving anybody in this thread a chance to make some money. Today, eur/gbp is more than 100 pips lower. Compare the entry when I gave the signal to when this system that we follow gave the signal, believe it or not i do follow it, i just...
What's wrong with this thread?
First, there is this newly crowned name which the thread master term as top contributors who I feel are extremely rude when putting their comments. You dont have to scroll up very far up to see one. This person I have previously told to tone down. Not only the threadmaster condone this attitude amongst his so call top contributor but he seems to encourage it. And because the master condone it, his top contributor gets head swell and became even more daringly rude in their reply.
Then all of a sudden he wants to ban people who I do not know for whatever reason saying irrelevant post as the reason. Please look at your own previous post which I strongly feel is irrelevant although you apologised. You all know who I am talking about. I thought I join a group who are cordial to each other but I was mistaken. I am out of here. No loss to the threadmaster I am sure.
  • #6,312
  • Edited 8:06pm Oct 19, 2016 7:47pm | Edited 8:06pm
any more wounded puppies want to leave?
sorry joseph, but your constant bitching and whining is getting on my nerves.........
  • #6,313
  • Oct 19, 2016 8:35pm Oct 19, 2016 8:35pm
Quoting SGKen
Trades still holding on using only SMA5,0. All trades are entered with 2 positions, anyone of the trade that have only 1 position means the 1st position had already closed with a TP of at least 1:1. Great system Bk8! {image}
Thanks very much for your feedback!
  • #6,314
  • Oct 19, 2016 9:29pm Oct 19, 2016 9:29pm
hi Bk8, would u mind explain why u dont take AudNzd short? i thougt it fit the new rule (sma crossing). thanks.
  • #6,315
  • Oct 19, 2016 9:52pm Oct 19, 2016 9:52pm
Quoting Beth25
hi Bk8, would u mind explain why u dont take AudNzd short? i thougt it fit the new rule (sma crossing). thanks.
You are right.. I was in meeting so did not get chance to scan all pairs and missed this one..
I analyzed only 2 paris recommended by our top contributors.

They might have ignored due to reversal pattern and wick.
  • #6,316
  • Oct 19, 2016 9:58pm Oct 19, 2016 9:58pm
Quoting Bk8
{quote} You are right.. I was in meeting so did not get chance to scan all pairs and missed this one.. I analyzed only 2 paris recommended by our top contributors. They might have ignored due to reversal pattern and wick.
I see.. ok thanks.
  • #6,317
  • Oct 19, 2016 10:18pm Oct 19, 2016 10:18pm
Quoting SGKen
Trades still holding on using only SMA5,0. All trades are entered with 2 positions, anyone of the trade that have only 1 position means the 1st position had already closed with a TP of at least 1:1. Great system Bk8! {image}
agreed. I am totally supporting this system. Just need to do proper trade management.
  • #6,318
  • Oct 19, 2016 10:46pm Oct 19, 2016 10:46pm
Quoting Bk8
{quote} You are right.. I was in meeting so did not get chance to scan all pairs and missed this one.. I analyzed only 2 paris recommended by our top contributors. They might have ignored due to reversal pattern and wick.
May I know the official trade set ups for today?
  • #6,319
  • Oct 19, 2016 10:50pm Oct 19, 2016 10:50pm
Quoting fxenthusiast
{quote} May I know the official trade set ups for today?
None today but I took U/J as part of experiment for new rule SMA 5,3 and SMA 5,0 cross
  • #6,320
  • Oct 19, 2016 11:00pm Oct 19, 2016 11:00pm
Quoting Bk8
{quote} None today but I took U/J as part of experiment for new rule SMA 5,3 and SMA 5,0 cross
Thanks, Bk8
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