Monthly Profit - Daily Trading using SMA | Page 416 | Forex Factory

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Monthly Profit - Daily Trading using SMA

  • #8,301
  • May 23, 2017 12:51am May 23, 2017 12:51am
Quoting claudio28
{image}
Nice.
Hope GBP weakness continues! No news expected today (I think) to muddy the waters
  • #8,302
  • Edited 1:43pm May 23, 2017 6:20am | Edited 1:43pm
Quoting yonnie
{quote} going up on the daily chart on the day, although ended lower than Friday. dont trade the 4hr and on the daily I wouldn`t do anything until it drops below 143.35 just my opinion.
You don't think that the 4 hr chart is good? I'm just interested - I do see a lot of quite good set ups on the 4 hr charts generally but haven't really back tested
  • #8,303
  • May 23, 2017 9:37am May 23, 2017 9:37am
The strategy is more reliable on a daily basis
La strategia č pių affidabile su base giornaliera
  • #8,304
  • May 23, 2017 4:10pm May 23, 2017 4:10pm
Potential Long? Or is the candlestick too big
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  • #8,305
  • May 23, 2017 6:51pm May 23, 2017 6:51pm
Hello
Considering NzdJpy
Thank you and good luck.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #8,306
  • May 23, 2017 9:09pm May 23, 2017 9:09pm
Quoting RieseP
Potential Long? Or is the candlestick too big {image}
hi rieseP, i dont think i would go long on this one. but i'm just a beginner (about 6 months). i would wait for more confirmation, cuz i think its going down. i just started using this strategy and did GREAT today on usdcad.

thanks to the folks contributing here!
Mother of Pips
  • #8,307
  • May 24, 2017 6:20am May 24, 2017 6:20am
Quoting Oddbjorg
Hello Considering NzdJpy Thank you and good luck. Oddbj.
Like!

Are you in? I suppose it would have been good to have got in on the purple line areas on the attached chart? I suppose it'd not too late
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  • #8,308
  • May 24, 2017 6:59am May 24, 2017 6:59am
How abt uj - it seems to meet the setup, but has been stagnant..

TIA
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  • #8,309
  • Edited 11:07am May 24, 2017 10:54am | Edited 11:07am
Quoting jmtini
{quote} Like! Are you in? I suppose it would have been good to have got in on the purple line areas on the attached chart? I suppose it'd not too late {image}
Some of the prof sometimes say, take it after 3 candles. I will try to stop one trade and let the other run with good sl. Maybe ok, as Jpy pairs don't move so fast. Pity I did not see this earlier....but what you get is also good. Be satisfied Oddbj.
Good luck.
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All the best to all of you. But don't follow me. I am a learner.
  • #8,310
  • May 24, 2017 12:50pm May 24, 2017 12:50pm
Hey
This was my first bought with this trading system, last night.
What do you think about it?

Good luck

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  • #8,311
  • May 24, 2017 1:10pm May 24, 2017 1:10pm
Quoting Doppiomalto
Hey This was my first bought with this trading system, last night. What do you think about it? Good luck {image}

Aren't we supposed to wait until the 5 ema crosses the 20 sma? Anyway, best of luck. I see you're not risking an awful lot of money so that's good.
  • #8,312
  • May 24, 2017 1:36pm May 24, 2017 1:36pm
Quoting jmtini
{quote} Aren't we supposed to wait until the 5 ema crosses the 20 sma? Anyway, best of luck. I see you're not risking an awful lot of money so that's good.
The purple line is the 5 sma line and price crossed it in upward direction yesterday. I read nothing about 5 ema and 20 sma crossing in the first post. What do you mean?
  • #8,313
  • May 24, 2017 1:39pm May 24, 2017 1:39pm
EURCAD
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I used to be indecisive but now I'm not so sure...
  • #8,314
  • May 24, 2017 1:45pm May 24, 2017 1:45pm
EURNZD
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I used to be indecisive but now I'm not so sure...
  • #8,315
  • May 24, 2017 2:04pm May 24, 2017 2:04pm
GBPUSD
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I used to be indecisive but now I'm not so sure...
  • #8,316
  • May 24, 2017 4:40pm May 24, 2017 4:40pm
Quoting Doppiomalto
Hey This was my first bought with this trading system, last night. What do you think about it? Good luck {image}
Hello
Nice to have you here. This a very simple system that works. Not every time not all the time but is more good than bad. The profs teach us a lot. And then we can become better at it. Take a small step at a time. Best of luck.
Which currency is the chart? Then we maybe can discuss it together, allthough I am not a prof. I always also say ...not follow me.... But never the less we can look at it together. I am just happy not to have to babysit my charts and don't have all the indicators in the world on my charts. Good luck and take care.
All the best to all of you. But don't follow me. I am a learner.
  • #8,317
  • May 24, 2017 7:18pm May 24, 2017 7:18pm
Quoting Oddbjorg
{quote} Hello Nice to have you here. This a very simple system that works. Not every time not all the time but is more good than bad. The profs teach us a lot. And then we can become better at it. Take a small step at a time. Best of luck. Which currency is the chart? Then we maybe can discuss it together, allthough I am not a prof. I always also say ...not follow me.... But never the less we can look at it together. I am just happy not to have to babysit my charts and don't have all the indicators in the world on my charts. Good luck and take care....
That is usdchf chart. I hope to learn something mor than that I already know. I've read the 416 page of this topic and so I decided to try with a small count this strategy. I love the no stress strategies
  • #8,318
  • May 24, 2017 7:42pm May 24, 2017 7:42pm
Quoting Doppiomalto
{quote} That is usdchf chart. I hope to learn something mor than that I already know. I've read the 416 page of this topic and so I decided to try with a small count this strategy. I love the no stress strategies
Hello.
Can I ask, which candle you used as the basis for taking the trade?. Is it the one I am pointing on?
Did you sell or buy?
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All the best to all of you. But don't follow me. I am a learner.
  • #8,319
  • May 24, 2017 8:06pm May 24, 2017 8:06pm
I used this bar. But our sma line are different. I'm using a 5 simple moving average, and you.

Thank you for help me

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  • #8,320
  • May 24, 2017 8:43pm May 24, 2017 8:43pm
i made some great pips today shorting usdcad. i'm loving this system too!!

thanks to all who have contributed!!
Mother of Pips
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