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Monthly Profit - Daily Trading using SMA

  • #7,101
  • Nov 24, 2016 7:12am Nov 24, 2016 7:12am
Quoting Jure86
{quote} Some of us "less smart trades" think that the best is to stay away from this system.
Do you think that the system does not deserve attention?
  • #7,102
  • Nov 24, 2016 7:20am Nov 24, 2016 7:20am
Quoting w0lfcub
{quote} Do you think that the system does not deserve attention?
Do you really think that price and moving average crossing is something new? If trading is so simple there will be no broker left.
  • #7,103
  • Nov 24, 2016 7:46am Nov 24, 2016 7:46am
Quoting Jure86
{quote} Do you really think that price and moving average crossing is something new? If trading is so simple there will be no broker left.
Very simple answer, its hard to predict but you can test on old data using these rules to confirm the same.
  • #7,104
  • Nov 24, 2016 7:52am Nov 24, 2016 7:52am
Quoting Bk8
{quote} Very simple answer, its hard to predict but you can test on old data using these rules to confirm the same.
As I can see you did use word rules, but as I can see you do not follow this rules stricktly, so for me this is not system.
Please have a look at posts 7093 and 7094, I waiting for your answer.
  • #7,105
  • Nov 24, 2016 8:31am Nov 24, 2016 8:31am
Quoting w0lfcub
hello. Prompt, what currency pairs to trade is better to take on this system a novice?
does it matter which currencies you trade guys?
  • #7,106
  • Nov 24, 2016 8:39am Nov 24, 2016 8:39am
Quoting tomthepoppop
{quote} It seems to me the only reason this system is not profitable for some is the TRADER. It is profitable for some and that also is due to the TRADER. Its all in how you look at charts and perceive what you are looking at. If your chart is GMT2 instead of GMT-5 then that could be a difference and so on and so on. But just because it is not profitable for you is no reason to come BLABBERING on this thread about how ineffective a TRADER you might be. Make some changes that suit you or just move on to another thread.
Love it. Well said!
  • #7,107
  • Nov 24, 2016 9:10am Nov 24, 2016 9:10am
Quoting caillo
{quote} Love it. Well said!
I will love his answer when/if I get it...
  • #7,108
  • Nov 24, 2016 9:34am Nov 24, 2016 9:34am
Quoting Jure86
{quote} As I can see you did use word rules, but as I can see you do not follow this rules stricktly, so for me this is not system. Please have a look at posts 7093 and 7094, I waiting for your answer.
Hi why you are here then. If you have something smarter let us nou
  • #7,109
  • Nov 24, 2016 9:38am Nov 24, 2016 9:38am
Quoting mizi123
{quote} Hi why you are here then. If you have something smarter let us nou
Because I was at the stage of MAs about 7 years ago... All I want is to save your time and money. And btw. for all I say I have prove/argument and I'm not like some here who just talk but when I ask I never get answer.
  • #7,110
  • Nov 24, 2016 10:22am Nov 24, 2016 10:22am
Well, I have not posted recently, been busy at work. My aud/jpy trade was a loss of I think 50 or 60 pips, IDK, if you want the exact trade loo it up in my explorer. The Usd/CAD short trade was closed also, but at breakeven. Did not wanted to enter again because I saw other pairs were making a better setup as per my rules. Well, EUR/AUD and AUD/CHF have given me the profit I needed for this week. I was negative for part of this week , but now positive 5%

I will leave you here some pics of how the trade have developed. I entered EUR/AUD on a 4 hr chart signal I have, but when moved to the daily chart I saw it hit my 100% fibo level and the sma's I use were trending down, no brainer right? Well, it a little time to develop but it paid off.

So, currently I have to open positions, short eur/aud and long aud/chf.. Long AUD of course.. haha!

*you can always check my trades on my explorer, just click on it and check my positions
*I DO NOT ALWAYS FOLLOW THE RULES EXACTLY AS POSTED IN THE THREAD, I TWEAKED IT TO MY PERSONAL USE.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: euraud.jpg Size: 169 KB
  • #7,111
  • Nov 24, 2016 11:17am Nov 24, 2016 11:17am
Results for 2010 couple of months GBPAUD using my manual back tester
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screen Shot 2016-11-24 at 19.15.22.png Size: 203 KB
So many in the Commercial section want to make me rich! :o
  • #7,112
  • Nov 24, 2016 12:36pm Nov 24, 2016 12:36pm
His "master" changes indicator every week :-)
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #7,113
  • Nov 24, 2016 12:46pm Nov 24, 2016 12:46pm
Quoting Jure86
{quote} As I can see you did use word rules, but as I can see you do not follow this rules stricktly, so for me this is not system. Please have a look at posts 7093 and 7094, I waiting for your answer.
I do follow my rules strictly except few exceptions, that can not be part of generic rules. Similar to receipie, initially you measure all ingredinets point by point but later you do not have to....if you understand that few plus minus won't make huge difference.
  • #7,114
  • Nov 24, 2016 12:51pm Nov 24, 2016 12:51pm
Quoting Bk8
{quote} I took long positions on 11/18 {image}
Ahh, it all makes sense now
  • #7,115
  • Nov 24, 2016 12:59pm Nov 24, 2016 12:59pm
Quoting Pretoriano
His "master" changes indicator every week :-)
God...are you normal? Why you are insulting others?
They appreciate my effort because they are civilized people, not like you...you should go to doctor.

my identity is just my handler "bk8" thats it.... even I appreciate others all the time but that does make them my master, isn't it?
  • #7,116
  • Nov 24, 2016 1:03pm Nov 24, 2016 1:03pm
Quoting Bk8
{quote} I do follow my rules strictly except few exceptions, that can not be part of generic rules. Similar to receipie, initially you measure all ingredinets point by point but later you do not have to....if you understand that few plus minus won't make huge difference.
Ahahaha...
In post #7093 I asked about other sma crosses, can you answer why you did not take it.
Please also answer on post #7094.
Thank you.
  • #7,117
  • Nov 24, 2016 1:30pm Nov 24, 2016 1:30pm
Best entry for today:

EURGBP OR GBPCHF?
Attached Image(s) (click to enlarge)
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  • #7,118
  • Nov 24, 2016 1:41pm Nov 24, 2016 1:41pm
Quoting huguet2004
Best entry for today: EURGBP OR GBPCHF? {image} {image}
None of the two.
  • #7,119
  • Nov 24, 2016 1:44pm Nov 24, 2016 1:44pm
Quoting ErikH
{quote} None of the two.
why not? last d1 candle is breaking the sm5 and in favor of the trend
  • #7,120
  • Nov 24, 2016 2:06pm Nov 24, 2016 2:06pm
Quoting huguet2004
{quote} why not? last d1 candle is breaking the sm5 and in favor of the trend
That's like jumping in a train that's already started. Those trades were to take many candles ago. Look at the BB.
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