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Monthly Profit - Daily Trading using SMA

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  • Post #6,601
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  • Oct 26, 2016 4:10am Oct 26, 2016 4:10am
  •  martyhype
  • | Joined Jan 2013 | Status: Member | 74 Posts
Quoting marketir
Disliked
GBPAUD, AUDJPY, AUDCHF - SL what is my mistake guys? Or is it normal? I understand that the losses will be and this is normal {image} {image}
Ignored
Hi,
Please see the attached charts. Sorry for messy writing.
Regards.
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It's not about how much you make, it's about how much you don't lose
 
 
  • Post #6,602
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  • Oct 26, 2016 4:39am Oct 26, 2016 4:39am
  •  Arman8
  • Joined Sep 2016 | Status: Member | 27 Posts
I am sure gbpusd go up, now can buy

IT IS TIME
Wait for GOOOOOD Time
 
 
  • Post #6,603
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  • Oct 26, 2016 4:44am Oct 26, 2016 4:44am
  •  marketir
  • | Joined Aug 2015 | Status: Member | 71 Posts
Quoting martyhype
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{quote} Hi, Please see the attached charts. Sorry for messy writing. Regards. {image} {image}
Ignored
TP did not have to move in be, TP middle BB line
Attached Image
 
 
  • Post #6,604
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  • Oct 26, 2016 5:19am Oct 26, 2016 5:19am
  •  martyhype
  • | Joined Jan 2013 | Status: Member | 74 Posts
Quoting marketir
Disliked
{quote} TP did not have to move in be, TP middle BB line {image}
Ignored
SL needs to be moved to breakeven on second position. If the rules where followed from post 1 those trades would not be losers.
It is upto you or any other how you want to take profit. I was just pointing out as it however does state in the first post for take profit if the candle is in profit at the end of the day take profit on first position and move the stoploss on second position to breakeven.
Regards.
It's not about how much you make, it's about how much you don't lose
 
 
  • Post #6,605
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  • Oct 26, 2016 5:27am Oct 26, 2016 5:27am
  •  ola08
  • | Joined Nov 2009 | Status: Member | 79 Posts
Quoting ola08
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{quote} Still in Ncad- now at +172 pips, waiting for touch of upper BB, taking too long. Moved TSL to +80pips to lock in more profits.
Ignored
Ncad now at +198 pips. Whilst waiting for touch of upper BB, TSL moved to +100pips to lock in more profit.
 
 
  • Post #6,606
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  • Oct 26, 2016 5:32am Oct 26, 2016 5:32am
  •  ola08
  • | Joined Nov 2009 | Status: Member | 79 Posts
Quoting ola08
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Long EN and GN
Ignored
Running losses- EN -17.64; GN-128.98. Hope will return to profit position. If not, will have to take the losses. That's trading for you- but will see it through. Fingers crossed.
 
 
  • Post #6,607
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  • Oct 26, 2016 6:09am Oct 26, 2016 6:09am
  •  Karemi-Trade
  • | Joined Sep 2016 | Status: Member | 84 Posts
Quoting marketir
Disliked
GBPAUD, AUDJPY, AUDCHF - SL what is my mistake guys? Or is it normal? I understand that the losses will be and this is normal {image} {image}
Ignored
look at the charts. is the trend going up or is it going down? what do you see? besides that, have you noticed that the two charts look almost the same? so why double your risk? what do you know about dow theory or correlations?
 
 
  • Post #6,608
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  • Oct 26, 2016 6:17am Oct 26, 2016 6:17am
  •  Erebus
  • Joined Jul 2011 | Status: Member | 6,743 Posts
Quoting marketir
Disliked
GBPAUD, AUDJPY, AUDCHF - SL what is my mistake guys? Or is it normal? I understand that the losses will be and this is normal {image} {image}
Ignored
You got reverse signal, you need to exit and go LONG
Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 14.9%
 
 
  • Post #6,609
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  • Oct 26, 2016 6:42am Oct 26, 2016 6:42am
  •  Pretoriano
  • | Joined Oct 2016 | Status: Member | 88 Posts
After one week of backtesting I've understood that this method will not work on the long run. There are too many mistakes,things lacking. On stock exchange not working in this way.
Good luck guys.
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
 
 
  • Post #6,610
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  • Oct 26, 2016 6:47am Oct 26, 2016 6:47am
  •  caillo
  • | Joined Apr 2012 | Status: Member | 189 Posts
Quoting suirad0
Disliked
{quote} Still holding, 1tp closed, 2nd pos to BE {image}
Ignored
Interesting to see you use the modified macd. I use 5,13,1 in another strategy
 
 
  • Post #6,611
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  • Oct 26, 2016 6:56am Oct 26, 2016 6:56am
  •  caillo
  • | Joined Apr 2012 | Status: Member | 189 Posts
Quoting Arman8
Disliked
I am sure gbpusd go up, now can buy IT IS TIME
Ignored
I wanna be like you when i grow up! Wow!! Impressive!
 
 
  • Post #6,612
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  • Oct 26, 2016 6:56am Oct 26, 2016 6:56am
  •  FX-Flux
  • Joined Mar 2016 | Status: Mimic | 805 Posts
Quoting Pretoriano
Disliked
After one week of backtesting I've understood that this method will not work on the long run. There are too many mistakes,things lacking. On stock exchange not working in this way. Good luck guys.
Ignored
What were your findings? I found that certain pairs are far too choppy for this to work.
So many in the Commercial section want to make me rich! :o
 
 
  • Post #6,613
  • Quote
  • Oct 26, 2016 7:26am Oct 26, 2016 7:26am
  •  FX-Flux
  • Joined Mar 2016 | Status: Mimic | 805 Posts
All positions closed - huge losses
So many in the Commercial section want to make me rich! :o
 
 
  • Post #6,614
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  • Oct 26, 2016 7:59am Oct 26, 2016 7:59am
  •  Bk8
  • Joined Jan 2015 | Status: Member | 1,533 Posts
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  • Post #6,615
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  • Oct 26, 2016 8:18am Oct 26, 2016 8:18am
  •  Bk8
  • Joined Jan 2015 | Status: Member | 1,533 Posts
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  • Post #6,616
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  • Oct 26, 2016 8:20am Oct 26, 2016 8:20am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 528 Posts
Quoting Arman8
Disliked
I am sure gbpusd go up, now can buy IT IS TIME
Ignored
Dear mate: GBPUSD will go DOWN on a daily basis... Wait a little and you will see...
 
 
  • Post #6,617
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  • Oct 26, 2016 9:35am Oct 26, 2016 9:35am
  •  Bk8
  • Joined Jan 2015 | Status: Member | 1,533 Posts
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  • Post #6,618
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  • Oct 26, 2016 9:38am Oct 26, 2016 9:38am
  •  monaghan
  • | Joined Jun 2006 | Status: monaghan | 408 Posts
Quoting monaghan
Disliked
Morning All and good luck to you Yonnie sell entry, has it clearly crossed the SMA?, maybe not, but, pin bar at daily and weekly support wins the day for me alll the best to all {image}
Ignored
So far 40 pips in profit, this should be good till the end of the week
 
 
  • Post #6,619
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  • Oct 26, 2016 9:39am Oct 26, 2016 9:39am
  •  stevebenik
  • | Joined Jul 2013 | Status: Member | 21 Posts
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  • Post #6,620
  • Quote
  • Oct 26, 2016 4:40pm Oct 26, 2016 4:40pm
  •  shimmering
  • | Commercial Member | Joined Apr 2011 | 552 Posts
wHAT TRADES ARE PEOPLE TAKING TODAY? aNYONE THINK g/n IS A GOOD ONE?
 
 
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