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Monthly Profit - Daily Trading using SMA

  • #7,881
  • Feb 15, 2017 6:01am Feb 15, 2017 6:01am
Quoting Oddbjorg
{quote} Hello. Will let it stand untill tomorrow. --
-------------
Hello 15 02 2017 11:39 gmt
Aud Cad from 14 02 2017 02:47 is still in minus, but has not reached last candle + 15 pips
so I will try - - - - to have some ice in the stomach for a while. Now it is minus 22 pips x 2
I have scaredly remarked that this is how the profs do - - - they wait and wait - - - and hang on untill, what they saw happen comes through.
But this time I will try a bit of ice - and see if it works.
All the best.
--
All the best to all of you. But don't follow me. I am a learner.
  • #7,882
  • Feb 15, 2017 6:17am Feb 15, 2017 6:17am
Quoting Oddbjorg
{quote} ------------- Hello 15 02 2017 11:39 gmt Aud Cad from 14 02 2017 02:47 is still in minus, but has not reached last candle + 15 pips so I will try - - - - to have some ice in the stomach for a while. Now it is minus 22 pips x 2 I have scaredly remarked that this is how the profs do - - - they wait and wait - - - and hang on untill, what they saw happen comes through. But this time I will try a bit
of ice - and see if it works. All the best. --
It not looking good, on another system I use, it bounced and found support on 21ema which would be a indicator to buy, however expect the unexpected
  • #7,883
  • Feb 15, 2017 6:45am Feb 15, 2017 6:45am
Hope it moves in your direction Oddbjorg..

CJ and GJ are both headed in the opposite direction, while NJ though not really extraordinary gave a small return, which I closed as it seemed to have reversed.

If D1 indicates buy, but h1 or h4 the indication is sell - how can one stay optimistic that it will eventually turn around, if one has taken a trade? If using D1 strategy - should we not look at chart till EOD? The problem that I have been having is I end up either getting stopped out or closing when I see it head in opposite direction. Thankfully it is only demo account.

That again brings up the same question which strategy to go by H1 or D1.

I understand seasoned ones may not be inclined to or have time. Anyone up for sharing potential setups in the offing and learning(set ups overlooked or taken by mistake)?
  • #7,884
  • Feb 15, 2017 10:02am Feb 15, 2017 10:02am
Time has come im really soory about these thread is a real Gem keep it alive pls
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  • #7,885
  • Feb 15, 2017 5:15pm Feb 15, 2017 5:15pm
W day 15-02-2017.23:13 gmt

NzdJpy
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All the best to all of you. But don't follow me. I am a learner.
  • #7,886
  • Feb 15, 2017 5:22pm Feb 15, 2017 5:22pm
Quoting Oddbjorg
W day 15-02-2017.23:13 gmt. NzdJpy
Hi Oddbjorb,
Your NZDCHF chart looks nothing like mine?
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  • #7,887
  • Feb 15, 2017 5:24pm Feb 15, 2017 5:24pm
15 Feb 2017

I've broken all the rules and gone heavy on NZD!

GN Short 2 positions
NZDCAD 2 position buy
NZDUSD 1 position buy

Am nursing some big loses. Fingers crossed to finish the week positive.
  • #7,888
  • Feb 15, 2017 5:32pm Feb 15, 2017 5:32pm
Quoting onarticus
{quote} Hi Oddbjorb, Your NZDCHF chart looks nothing like mine? {image}
Sorry wrong chart used. Is corrected now. Excuse me pls.
All the best to all of you. But don't follow me. I am a learner.
  • #7,889
  • Feb 15, 2017 6:54pm Feb 15, 2017 6:54pm
Quoting onarticus
{quote} Hi Oddbjorb, Your NZDCHF chart looks nothing like mine? {image}
It is about NzdJpy
All the best to all of you. But don't follow me. I am a learner.
  • #7,890
  • Feb 15, 2017 7:03pm Feb 15, 2017 7:03pm
Quoting Oddbjorg
{quote} It is about NzdJpy
Tryin GN too.
All the best to all of you. But don't follow me. I am a learner.
  • #7,891
  • Feb 15, 2017 7:50pm Feb 15, 2017 7:50pm
Should we take NU and NC?
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  • #7,892
  • Feb 15, 2017 9:25pm Feb 15, 2017 9:25pm
Took both, will see how it will play.


Hey am beginner...!
  • #7,893
  • Feb 15, 2017 9:29pm Feb 15, 2017 9:29pm
Quoting onarticus
15 Feb 2017 I've broken all the rules and gone heavy on NZD! GN Short 2 positions NZDCAD 2 position buy NZDUSD 1 position buy Am nursing some big loses. Fingers crossed to finish the week positive.
NZDCAD - D1 seems long, while all smaller timeframe indicates short. In this case if we take a long position, wont that mean having to watch significant loss before it turns around?
  • #7,894
  • Feb 16, 2017 1:30am Feb 16, 2017 1:30am
Quoting andrern2000
{quote} What SMA candle does is it? SMA[1] or SMA[0]? Meaning the previous candle or the current candle that gives point?
lets try it
  • #7,895
  • Feb 16, 2017 1:39am Feb 16, 2017 1:39am
Quoting kski
{quote} NZDCAD - D1 seems long, while all smaller timeframe indicates short. In this case if we take a long position, wont that mean having to watch significant loss before it turns around?
Ok but looking at smaller timeframes isn't part of the system.
  • #7,896
  • Feb 16, 2017 5:31am Feb 16, 2017 5:31am
Quoting Oddbjorg
W day 15-02-2017.23:13 gmt NzdJpy {image}
Hello
16 02 2017 11:08
I was not very good on this one. To buy on the 4th green candle is not a good thing to do - I should have known better. . . .
All the best to all of you. But don't follow me. I am a learner.
  • #7,897
  • Feb 16, 2017 7:02am Feb 16, 2017 7:02am
Quoting Oddbjorg
{quote} Hello 16 02 2017 11:08 I was not very good on this one. To buy on the 4th green candle is not a good thing to do - I should have known better. . . .
In this case would you wait for it to turn around or take you out at stop loss or close the trade?
  • #7,898
  • Feb 16, 2017 2:55pm Feb 16, 2017 2:55pm
Thurs 16 Feb 2017

AUDNZD Short - 2 positions (SMA not pointing down but I liked the candle formation)
EURUSD Buy - 2 position - Lovely set up

Good luck
  • #7,899
  • Feb 16, 2017 3:34pm Feb 16, 2017 3:34pm
Quoting kski
{quote} In this case would you wait for it to turn around or take you out at stop loss or close the trade?
My challenge is, that the price has not yet come down to last candle +15 pips. And the profs did not use to just stop it. But I know I am burning my fingers.
I will learn the ice way with this one, as the amount is not that big. I only have trade 2) running or halting backwards I should say.
All the best to all of you. But don't follow me. I am a learner.
  • #7,900
  • Feb 16, 2017 3:49pm Feb 16, 2017 3:49pm
Eurcad long .. anyone interested?
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