Monthly Profit - Daily Trading using SMA | Page 382 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #7,621
  • Jan 5, 2017 1:12am Jan 5, 2017 1:12am
Quoting Filipo1
{quote} Well done, I just entered on retracement {image}
HI Filipo, Please outline your strategy with the 2 SMA's, and the results so far!
  • #7,622
  • Jan 5, 2017 1:18am Jan 5, 2017 1:18am
Quoting Enzee
{quote} EUR AUD closed with 260$ !!! {image}
On what date did you enter that trade? Was it after the end of 3 Jan?
  • #7,623
  • Jan 5, 2017 2:44am Jan 5, 2017 2:44am
Quoting Bk8
{quote} Today's Setup Long AUD/USD Good Luck!
Price is close to a support/resistance line. I would better wait and observe.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 14 KB
  • #7,624
  • Jan 5, 2017 9:08am Jan 5, 2017 9:08am
Quoting shimmering
{quote} On what date did you enter that trade? Was it after the end of 3 Jan?
Hi Shimmering,
Please click on the referred screen shot you will see all the details about the trade date, profit etc.

Regards,
  • #7,625
  • Jan 5, 2017 4:40pm Jan 5, 2017 4:40pm
Quoting Bk8
{quote} Today's Setup Long AUD/USD Good Luck!
Closed first position of A/U with 60 pips profit and second one is running

Today's Setups

Long EUR/USD or NZD/USD
  • #7,626
  • Jan 5, 2017 5:34pm Jan 5, 2017 5:34pm
Quoting Bk8
{quote} Closed first position of A/U with 60 pips profit and second one is running Today's Setups Long EUR/USD or NZD/USD
Hi Bk8, would u mind explain why is it EU is better than GU? Why didnt u choose GU?
Thank u.
  • #7,627
  • Jan 5, 2017 6:58pm Jan 5, 2017 6:58pm
My Priority will be go long on NZD/USD because it's in Major Uptrend while EUR/USD is lill bit risky.
Well both setups are great because EUR/USD is in Major Support and made good buy signal too.
  • #7,628
  • Jan 5, 2017 11:05pm Jan 5, 2017 11:05pm
short USDJPY? looked authentic on D1....
  • #7,629
  • Jan 6, 2017 12:19am Jan 6, 2017 12:19am
Today is the first Friday of the month which the news of USD release.
Better to stop trading before it, isn't it?
  • #7,630
  • Jan 6, 2017 4:44am Jan 6, 2017 4:44am
Quoting brian661
Today is the first Friday of the month which the news of USD release. Better to stop trading before it, isn't it?
Or move the SL close to the current price (not too close!). Thatīs what I will try today. Little possible loss, big possible profit
  • #7,631
  • Jan 6, 2017 9:10am Jan 6, 2017 9:10am
... At least i didnīt lose much.
  • #7,632
  • Jan 6, 2017 11:10am Jan 6, 2017 11:10am
Non farms was today. Wary of placing a trade with biggest news of the month
  • #7,633
  • Jan 7, 2017 4:30am Jan 7, 2017 4:30am
Quoting brian661
Today is the first Friday of the month which the news of USD release. Better to stop trading before it, isn't it?
lesson learnt hard way, one should avoid trade in first week of the month.
  • #7,634
  • Jan 7, 2017 4:48am Jan 7, 2017 4:48am
Quoting Enzee
{quote} lesson learnt hard way, one should avoid trade in first week of the month.
Don't mind
I believe this news is a lesson every fx trader learnt at the beginning
  • #7,635
  • Jan 7, 2017 5:26am Jan 7, 2017 5:26am
Quoting brian661
Today is the first Friday of the month which the news of USD release. Better to stop trading before it, isn't it?
It's better not trade during nfp
Risk comes from not knowing what you're doing.
  • #7,636
  • Jan 7, 2017 7:24am Jan 7, 2017 7:24am
Quoting ricki72
{quote} Or move the SL close to the current price (not too close!). Thats what I will try today. Little possible loss, big possible profit
 
Thats a good idea but during times of extreme price fluctuations like during big news release price can essentially "skip" your stop loss because it never was at your price. Instead blew past it. If its expected to be a big impact and not all red news releases are I would exit and resume after the release.
Gentlemen always play by the rules, if they can't, they change them.
  • #7,637
  • Jan 7, 2017 12:54pm Jan 7, 2017 12:54pm
Quoting Enzee
{quote} lesson learnt hard way, one should avoid trade in first week of the month.
you mean "year"? otherwise all succesful traders would have 1 week off every month. What a great life would that be!
  • #7,638
  • Jan 7, 2017 9:49pm Jan 7, 2017 9:49pm
Quoting Bk8
I am sharing the simplest strategy for stress free day trading, I have ever seen anywhere else Indicators SMA 5,0 BB (Optional) Time Required - Just 15 minutes daily after D1 close when new candle starts. Avoid Lower timeframe charts, even H4 is not reliable. Risk - Do not take positions more than 5% of account value and do not take multiple positions of same currency (Max 2), even setup is 100% correct Sideways pattern, see below (Updated on 17-Dec-2016) Long - SMA line in upward direction Short - SMA line in downward direction Ignore - Flat SMA...
hi bk8.thank your for the sharing technique.i just have 1 question
SL is -+15 at the candle that break SMA or SL is based on the candle before the breakout candle?
  • #7,639
  • Jan 8, 2017 9:32am Jan 8, 2017 9:32am
Quoting ErollZach
{quote} hi bk8.thank your for the sharing technique.i just have 1 question SL is -+15 at the candle that break SMA or SL is based on the candle before the breakout candle?
+-15 of candle thats is before the one breaking SMA.
  • #7,640
  • Jan 8, 2017 12:07pm Jan 8, 2017 12:07pm
Quoting mamabear
I know BK does not use indicators other than the SMA. I will try this strategy with an added ATR filter. If price is above ATR no short entry, if price is below ART no long entry. It would have filtered a few false breaks of the MA in the highlighted areas. I think this might have solved the flat market problem for me.{image}
Which atr indicator is this. Could u please share it. Thanks
1 trader viewing now