Monthly Profit - Daily Trading using SMA | Page 419 | 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

  • #8,361
  • May 31, 2017 6:51am May 31, 2017 6:51am
Quoting RieseP
Any one see potential in these set-ups? {image} {image} {image} {image}
EURCAD, EURUSD yes but don't know about the others

Very bullish 4 hr bar on EURCAD significant of strong upward momentum continuing
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 49 KB
  • #8,362
  • May 31, 2017 2:20pm May 31, 2017 2:20pm
No one take that EURCAD trade? Almost 100 pips!

Otherwise a difficult day as resistance areas broken on a lot of pairs. Except GJ which still looks bearish IMHO. Aussie news tonight will be important in respect of GA, EA, etc.
  • #8,363
  • Edited 3:46pm May 31, 2017 3:10pm | Edited 3:46pm
Hi
for tonight I'm wondering to trade usdcad.
Here you con see daily and weekly chart. I see a R/R almost 1:1.

What do you think?

The chart that you have posted for me are more dangerous og usdcad. But I'm a dong

Attached Image (click to enlarge)
Click to Enlarge Name: daily.png Size: 66 KB
Attached Image (click to enlarge)
Click to Enlarge Name: weekly.png Size: 48 KB
  • #8,364
  • May 31, 2017 3:27pm May 31, 2017 3:27pm
Quoting Doppiomalto
Hi for tonight I'm wondering to trad usdcad. Here you con see daily and weekly chart. I see a R/R almost 1:1. What do you think? The chart that you have posted for me are more dangerous og usdcad. But I'm dong {image}{image}
Very Good Setup Today For USDCAD, i will try to catch my BE at RR 1:1 then trail.
  • #8,365
  • May 31, 2017 3:53pm May 31, 2017 3:53pm
Quoting VictorFaria
{quote} Very Good Setup Today For USDCAD, i will try to catch my BE at RR 1:1 then trail.
I'm sorry, what do you mean with BE?
  • #8,366
  • May 31, 2017 4:05pm May 31, 2017 4:05pm
Quoting Doppiomalto
{quote} I'm sorry, what do you mean with BE?
BE = Break Even
Live today like theres no tomorrow-- Prioritize like you will die today
  • #8,367
  • May 31, 2017 5:49pm May 31, 2017 5:49pm
All my predictions where excellent
  • #8,368
  • May 31, 2017 5:54pm May 31, 2017 5:54pm
This is the only one catching my eye
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3825.PNG Size: 74 KB
  • #8,369
  • May 31, 2017 6:14pm May 31, 2017 6:14pm
Quoting RieseP
All my predictions where excellent
Hi RieseP,
The candles seemed to be headed sideways, I thought - could you please throw some light what helped you conclude?

TIA
  • #8,370
  • May 31, 2017 6:15pm May 31, 2017 6:15pm
Quoting RieseP
This is the only one catching my eye {image}
What is the Config of your SMA?
  • #8,371
  • May 31, 2017 6:29pm May 31, 2017 6:29pm
Quoting kski
{quote} Hi RieseP, The candles seemed to be headed sideways, I thought - could you please throw some light what helped you conclude? TIA
look at that wick, find support at a key level, stoch tell me its oversold, I use a stoch in confluence with my overall decision. It maybe sideways, however the first candlestick will close hopefully in the green, market may retrace for a BE.

Look I am a novice, however with correct money management, I take my bets.
  • #8,372
  • May 31, 2017 6:30pm May 31, 2017 6:30pm
Quoting VictorFaria
{quote} What is the Config of your SMA?
5 EMA, I prefer to than SMA on smaller MA.
  • #8,373
  • May 31, 2017 7:06pm May 31, 2017 7:06pm
Quoting RieseP
This is the only one catching my eye {image}
Looks interesting.
Thanks.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #8,374
  • May 31, 2017 8:52pm May 31, 2017 8:52pm
Quoting RieseP
{quote} look at that wick, find support at a key level, stoch tell me its oversold, I use a stoch in confluence with my overall decision. It maybe sideways, however the first candlestick will close hopefully in the green, market may retrace for a BE. Look I am a novice, however with correct money management, I take my bets.
Thank you RieseP
  • #8,375
  • May 31, 2017 9:16pm May 31, 2017 9:16pm
Quoting RieseP
{quote} 5 EMA, I prefer to than SMA on smaller MA.
I asked because on SMA the rules dosent mathched.
  • #8,376
  • Jun 1, 2017 1:25am Jun 1, 2017 1:25am
Quoting RieseP
This is the only one catching my eye {image}
Agreed, very well positioned after rebounding from lower Bollinger band. Long tail and strong engulfing candlestick show bulls have taken control. Let's see if it will pass the tricky middle band .
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0088.PNG Size: 245 KB
I used to be indecisive but now I'm not so sure...
  • #8,377
  • Jun 1, 2017 2:06am Jun 1, 2017 2:06am
Guys, looks like a weak GBP today. News at 9.30am (BST) which could alter the picture a bit. But I doubt it. However, are you all using a currency strength/currency heat map indi? I use this one atttached, I find it very useful
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 51 KB
Attached File(s)
File Type: mq4 #4X 2010 Forex Power.mq4   5 KB | 308 downloads
  • #8,378
  • Jun 1, 2017 4:35am Jun 1, 2017 4:35am
Quoting jmtini
Guys, looks like a weak GBP today. News at 9.30am (BST) which could alter the picture a bit. But I doubt it. However, are you all using a currency strength/currency heat map indi? I use this one atttached, I find it very useful {image} {file}


On daily time frame , currency strength is it usefull ? I mean on daily TF the strength may completely change....
  • #8,379
  • Jun 1, 2017 5:35am Jun 1, 2017 5:35am
Quoting jmtini
Guys, looks like a weak GBP today. News at 9.30am (BST) which could alter the picture a bit. But I doubt it. However, are you all using a currency strength/currency heat map indi? I use this one atttached, I find it very useful {image} {file}
Hi jmtini,
Do you follow the same D1 rules for H4? I am asking because in D1 - it doesn't seem to have much room till lower BB, however, in H4 it bounced off of Top BB..
TIA
  • #8,380
  • Jun 1, 2017 6:10am Jun 1, 2017 6:10am
Quoting Waddah
{quote} On daily time frame , currency strength is it usefull ? I mean on daily TF the strength may completely change....
Of course. Even more so as you're trading daily chart one often has to set a big SL and also no two days are the same in the forex market, currency strength wise.
16 traders viewing now