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Monthly Profit - Daily Trading using SMA

  • #7,141
  • Nov 25, 2016 5:06am Nov 25, 2016 5:06am
Quoting Jure86
{quote} "What is sideways? Left or right? If LEFT tell me why. This is not profitable system if following rules! Of course you can always find excuses for lost trades, like in this case, it is sideways, sometimes SL is just a litlle lower then +/-15pips,..." "Why don't you answer my SIMPLE question from lesser smart trader as you calling me? For a SMART trader as you are this should be easy..." http://www.forexfactory.com/attachme...4&d=1479997862
The answer is in page 1 by the way here egxactly:
http://www.forexfactory.com/showthre...17#post9162217
  • #7,142
  • Nov 25, 2016 5:24am Nov 25, 2016 5:24am
Hey guys, I closed my positions before hand, I woke up to a high euro because of German news, and it consides with a fibo level I use that I respect very much..1.382%
it did not actually made it to the point, but it was very close..19 pips, and match prev week low, so it reversed with the news, don't really know if it wil keep going down and hit the level, which it might happen, but it's Friday, and not any Friday is Black Friday in the US, so I decide to just take my profit and run. I'll be monitoring the proccess to see if I would enter long at some point.

I closed aud/chf also because it hit a level I was waiting for, the overall market was down in my analysis, but looking at this week price action, depending on the close today.. it will be bullish for next week, so I'll be looking to enter long again, at a retrace.

BTW.. I checked my trade explorer for the month, I made 698 PIPS FOR THIS MONTH, as I write this because i have an open position, i sold usd/chf a few minutes ago, haha! I can't help it...LOL
  • #7,143
  • Nov 25, 2016 6:43am Nov 25, 2016 6:43am
Hi Guys how you all doing?
What is the feeling out there do we close out for the week, or just let open positions keep running?
  • #7,144
  • Nov 25, 2016 7:42am Nov 25, 2016 7:42am
Quoting Burtsfolly
Hi Guys how you all doing? What is the feeling out there do we close out for the week, or just let open positions keep running?
At your own risk beacuse in monday will be retracment!
  • #7,145
  • Nov 25, 2016 8:23am Nov 25, 2016 8:23am
Quoting mizi123
{quote} At your own risk beacuse in monday will be retracment!
Cheers mizi123 I appreciate the response.
I was beginning to think nobody liked me maybe because I am English and voted for Brexit!
I think I will close out.
I have had 5 winners since Weds, I just hope its not beginners look.
  • #7,146
  • Nov 25, 2016 9:05am Nov 25, 2016 9:05am
Quoting Burtsfolly
{quote} Cheers mizi123 I appreciate the response. I was beginning to think nobody liked me maybe because I am English and voted for Brexit! I think I will close out. I have had 5 winners since Weds, I just hope its not beginners look.
Hahaha nooo never all we are friends here and are in desperate need for ech other, in my opinion is good to put your SL-soses on daily support vs resistance corners and sleep well, like these
Attached Image (click to enlarge)
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  • #7,147
  • Nov 25, 2016 9:24am Nov 25, 2016 9:24am
Traders just take a look at EC in what a position of return up is 1 of the best setups for next week
Attached Image (click to enlarge)
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  • #7,148
  • Nov 25, 2016 9:39am Nov 25, 2016 9:39am
Quoting Oddbjorg
24.11.2016. 23:35. AC is ok from yesterday. Will let that go on with sl. No other trade. Thank you.
25.11.2016 17:39. Hello. Stopped AC with +. Have a nice weekend. Will be back monday evening. Thanks.
All the best to all of you. But don't follow me. I am a learner.
  • #7,149
  • Nov 25, 2016 10:45am Nov 25, 2016 10:45am
Quoting Oddbjorg
{quote} 25.11.2016 17:39. Hello. Stopped AC with +. Have a nice weekend. Will be back monday evening. Thanks.
I am leaving mine open, since it seems a long way to go.
  • #7,150
  • Nov 25, 2016 1:56pm Nov 25, 2016 1:56pm
Quoting mizi123
Traders just take a look at EC in what a position of return up is 1 of the best setups for next week {image}
Great setup. Cannot go wrong with this one (80-90%)!!
  • #7,151
  • Nov 25, 2016 11:34pm Nov 25, 2016 11:34pm
Hello traders, here is my selection for next week.
Happy trading.
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I used to be indecisive but now I'm not so sure...
  • #7,152
  • Nov 26, 2016 2:07am Nov 26, 2016 2:07am
i think good setup
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  • #7,153
  • Nov 26, 2016 9:22am Nov 26, 2016 9:22am
best setup
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  • #7,154
  • Nov 26, 2016 1:47pm Nov 26, 2016 1:47pm
Quoting caillo
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...
I have just joined this forum, I find this simple strategy quite easy to follow. The strategy can be traded with the raw rules or it can be easily customised with your own trading techniques and style, for example adding a confirming indicator or adding Support and Resistance lines. Caillo can you tell me what you base your Fibo levels on? From what I see in the charts, the set ups I see for Monday would be AU, NU, EC, NC and maybe Silver, is this correct?
  • #7,155
  • Nov 27, 2016 2:20am Nov 27, 2016 2:20am
Another video:

Optimised for 12 months of data and then forward tested on 4 months.

Inserted Video
So many in the Commercial section want to make me rich! :o
  • #7,156
  • Nov 27, 2016 4:15am Nov 27, 2016 4:15am
Quoting FX-Flux
Results for 2010 couple of months GBPAUD using my manual back tester {image} {image}
May I get answer please. Thank you!
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  • #7,157
  • Nov 27, 2016 4:47am Nov 27, 2016 4:47am
Quoting Jure86
{quote} May I get answer please. Thank you! {image}
I don't think you can make money taking every signal that the rules in post #1 outline. I think it takes practice, and that was why I wrote my manual back tester program so I could practice. I didn't make any money before by just following the rules in post #1.
So many in the Commercial section want to make me rich! :o
  • #7,158
  • Nov 27, 2016 7:23am Nov 27, 2016 7:23am
Quoting FX-Flux
Another video: Optimised for 12 months of data and then forward tested on 4 months. https://www.youtube.com/watch?v=mj01...ature=youtu.be

Nice!!
  • #7,159
  • Nov 27, 2016 11:42am Nov 27, 2016 11:42am
Quoting uaehawx
i think good setup {image}
great RRR if it goes your way.
  • #7,160
  • Nov 27, 2016 2:04pm Nov 27, 2016 2:04pm
Quoting FX-Flux
{quote} I don't think you can make money taking every signal that the rules in post #1 outline. I think it takes practice, and that was why I wrote my manual back tester program so I could practice. I didn't make any money before by just following the rules in post #1.
This is why I said price and MA crossing is nothing new and I'm sure system is not profitable with rules in 1st post... As with every system there is trader who makes difference...
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