Monthly Profit - Daily Trading using SMA

Yep, tony-fx provided an EA: https://www.forexfactory.com/showthr...24#post9212524

Benki

I am long on AC by entering on SMA 3 rule.

Hello traders, GBPUSD looks nice setup to me.

Hello
Hope you all are doing ok.
Good luck.

We will see how this goes.

Thank you.
Oddbj.

How is your overall return on this system? I know its highly dependent on the trader to filter out good and bad trades using this system, but do you think this system could make you consistent profits?

Thanks oddbjorg

How about cadjpy? I saw eurcad but noticed that it was resting on the 20sma (middle bollinger) and it often acts as support...I'm on the fence about that one.

Why not AUD/CHF look's awesome

It broke above the middle bollinger so I guess you could target the upper band.

ye

Yep here

Hello

BB 20,2 sma 5
sma5 gone through green candle on or under mid bb and pointing upwards - is what I look for.
Controlling sideways and wicks and the overall picture -

Sound too simple - - - ok - -

Only reason why I try this is - I was so tired of chasing all the indicators and lines this world could offer, and tired of babysitting my charts.

Find out which -
currencypair fits -
don't take same currency several times in another trade - in other pairs
time of the month - week -
On the start of trading day - Mondays for me is not good
NZD pairs I don't succed in so well, but I try it in between - - - and will learn what the differsence is
I did not make any big trade on these last weeks with chf and usd . . . . going fast up and down.

Just relax, and waith for the sun to shine again.

Lurk around in the beginning av the trading day - cast out the net - and go back to morrow

I am not at all able to say whether or not it can make me consistent profit.
I am a small amount trader.
My goal is for the most part to improve in getting pips.

And it works.

Like 2 trades x 20 pips in eurcad from yesterday.

Then I take the profit of trade 1) and go on with trade 2).

But believe me - I have birned the fingers while trying to have ice in the stomach and let 2) run.

But at least I got the profit from 1) - - and can go on learning - - -

Be honest. Don't just only look at the profit - study the loss.

Read BK8 and Ghibli's posts, and follow them. Then you can see if this is for you when you try it.

Like with all strategies, sometimes you had better sleep than trade. And you don't know why. Sometimes no trade is very profitable, in comparisson just taking a trade because the system sayes ok.

I am trying to find out when that is and why this is.

Good luck - and take care
But don't follow me - I am a learner.

All the best

Hello
lucky signal yesterday

This has not come yet.....from yesterday.....if it does ..... will let that be like it is for now

Awesome
Started to blink

Mizi123

Please share your indi's

Hello
I will take the 2) trade now... because it is 3 candles.

Hello
This one never started running, but things are pointing the rigth way....so .... I will let trade 1)+2) be, and see tomorrow.
Maybe tighen sl..well we will see.
Good luck to you all.
Thank you.
(there is a ma 10 on. Forgot to take it away. Just wanted to compare diverse ma's)

I will sugest a lot for these strategy using UFX TREND multimeter, you will as why!? I have noticed that after we spot an entry price come back down or up, what these insi do show you daily trend and 1H, best entry is when price cros again in direction of D1 5 ma what these indi do show you the right moment to enter

You know Oddbjorg with these week is allredy everything comes into the end in next week we gona have new freesh daily range levels and these trade gona be in our favor, range expected to be around 190 pips these will be good one

These was the idea, rules are to open 2 trades per same setup. 1st trade you close with bancking some pips and 2nd one you leave to run forever. So if you enter without any clue you can't aim to catch pips for the first trade. In these way when Daily candle is the same with 1H chances are huge to catch pips from fist trade these photos down are best prove!

Hello and thank you.

190 pips sounds good
I was hoping 40-50 or up to price 0,77 - But I usually stop everything if it doesn't go my way. I get nervous and leave with what I have got.
Thank you.