Monthly Profit - Daily Trading using SMA | Page 425 | 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

  • #8,481
  • Jun 12, 2017 7:46pm Jun 12, 2017 7:46pm
Quoting Vpa021
{quote} Yannah12, 2) Is price touching or piercing the lower (buy setup) <-- (Did you mean to say it is a sell setup?) or upper (buy setup) band? Yes - proceed to step 3 No- NO TRADE
Hi

Hopes the screenshot clarifies thing.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4 (2).png Size: 67 KB
  • #8,482
  • Jun 13, 2017 9:38am Jun 13, 2017 9:38am
Quoting yanah12
{quote} Hi Hopes the screenshot clarifies thing. Cheers {image}
Hi Yanah,

Thanks for sharing ur other system. Wanna clarify when do u enter the trade? Once the next day candle starts? Or do you zoom down to H4 or H1 for a better entry?
Cheers!

I this a valid setup?

1) Inside bar 9 Jun 12 Jun bars
2) Price touching lower Band today
3) Stoch oversold and cross
4) AC is Green

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-06-13 at 10.42.30 pm.png Size: 161 KB
  • #8,483
  • Jun 13, 2017 10:25am Jun 13, 2017 10:25am
Quoting eguitarist
{quote} Hi Yanah, Thanks for sharing ur other system. Wanna clarify when do u enter the trade? Once the next day candle starts? Or do you zoom down to H4 or H1 for a better entry? Cheers! I this a valid setup? 1) Inside bar 9 Jun 12 Jun bars 2) Price touching lower Band today 3) Stoch oversold and cross 4) AC is Green {image}
Hi

I am looking at this pair too. Wait till end of trading day to enter new trade if the setup is still valid.

All the best
  • #8,484
  • Jun 13, 2017 11:50am Jun 13, 2017 11:50am
Hi Yanah,

I see a railway reversal developing on GBP/USD, Eur/GBP, GBP/JPY, GBP/CHF, GBP/AUD pairs

But waiting for close of daily candle to confirm. Can you check if thats the case?? thanks
  • #8,485
  • Jun 13, 2017 11:52am Jun 13, 2017 11:52am
Any good setups this week?

Green Pips All!
  • #8,486
  • Jun 13, 2017 12:06pm Jun 13, 2017 12:06pm
Quoting yanah12
{quote} Hi Hopes the screenshot clarifies thing. Cheers {image}
Thank you for clarifying. With your and Bk8 strategy I have officially now doubled my account in just few days.
  • #8,487
  • Jun 13, 2017 2:01pm Jun 13, 2017 2:01pm
Quoting yanah12
Hi This is a daily timeframe strategy. Indicators on my chart are Bollinger Band (deafult), Stochastic (9,3,3) and AC indicator. On a new trading day, I will scout around for either one of the 4 candle formation - Pinbar, Railroad or twins, Engulfing and Inside Bar. Ask yourself these questions: 1) Do you see one of candle formation? Yes - proceed to step 2 No - NO TRADE 2) Is price touching or piercing the lower (buy setup) or upper (buy setup) band? Yes - proceed to step 3 No- NO TRADE 3) Is stochastic oversold & below 20 (buy setup) and crossed...
Hi Ana,
How many Pairs do you tend to look at for this strategy. Do you have your favourites or just go through them all every day?
  • #8,488
  • Jun 13, 2017 3:42pm Jun 13, 2017 3:42pm
Hello.
No trade for me.
All the best to all of you. But don't follow me. I am a learner.
  • #8,489
  • Jun 13, 2017 3:52pm Jun 13, 2017 3:52pm
Quoting richnam
Hi Yanah, I see a railway reversal developing on GBP/USD, Eur/GBP, GBP/JPY, GBP/CHF, GBP/AUD pairs But waiting for close of daily candle to confirm. Can you check if thats the case?? thanks
Hello
Keeping an eye on those too, but prob. best to wait one more candle, if it should be sideways.
We will see.
All the best.
All the best to all of you. But don't follow me. I am a learner.
  • #8,490
  • Jun 13, 2017 4:20pm Jun 13, 2017 4:20pm
Quoting Oddbjorg
{quote} Hello Keeping an eye on those too, but prob. best to wait one more candle, if it should be sideways. We will see. All the best.
Yea probably by Thursday candle. Thanks
  • #8,491
  • Jun 13, 2017 4:41pm Jun 13, 2017 4:41pm
However i'm in on USD/SEK -- short
  • #8,492
  • Jun 13, 2017 8:27pm Jun 13, 2017 8:27pm
here is trade i took yesterday NZD/CAD sell
Took half off for profit today
Moved stop to above todays candle
SMA 5,0 is in yellow
Bollinger in blue
No trades today for me
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-06-13 at 7.16.33 PM.png Size: 49 KB
  • #8,493
  • Jun 13, 2017 11:09pm Jun 13, 2017 11:09pm
Quoting Vpa021
{quote} Thank you for clarifying. With your and Bk8 strategy I have officially now doubled my account in just few days.
How did you do that? I checked 16 pairs today after yesterdays candle closed and found no setups at all!
Winners add to winning trades!
  • #8,494
  • Jun 13, 2017 11:11pm Jun 13, 2017 11:11pm
Quoting eguitarist
{quote} Hi Yanah, Thanks for sharing ur other system. Wanna clarify when do u enter the trade? Once the next day candle starts? Or do you zoom down to H4 or H1 for a better entry? Cheers! I this a valid setup? 1) Inside bar 9 Jun 12 Jun bars 2) Price touching lower Band today 3) Stoch oversold and cross 4) AC is Green {image}
I would wait for stoch to exit the oversold area. Remember this indicator is only range 0-100 so extreme selling will still only sit below 20 and gives no indication of the momentum or weakness to short until it reverses out of that area.
Winners add to winning trades!
  • #8,495
  • Jun 14, 2017 12:13am Jun 14, 2017 12:13am
Quoting richnam
Hi Yanah, I see a railway reversal developing on GBP/USD, Eur/GBP, GBP/JPY, GBP/CHF, GBP/AUD pairs But waiting for close of daily candle to confirm. Can you check if thats the case?? thanks
Hi,

I would be very cautious with GBP and its crosses. The currency is in a "messed" right now due to recent events.

EurGbp yesterday's candle was engulfing but Stoc is not giving the trigger yet. I would wait. KIV it
GBP - wait till all criterias are met.

Cheers
  • #8,496
  • Jun 14, 2017 12:16am Jun 14, 2017 12:16am
Quoting Burtsfolly
{quote} Hi Ana, How many Pairs do you tend to look at for this strategy. Do you have your favourites or just go through them all every day?
Hi

I will analyse all pairs (no exotic ones) every new trading day, including gold & silver.

Cheers
  • #8,497
  • Jun 14, 2017 12:19am Jun 14, 2017 12:19am
Quoting Vpa021
{quote} Thank you for clarifying. With your and Bk8 strategy I have officially now doubled my account in just few days.
Congrtas! I opened a micro account with $100 deposit last week for a family member. After closing all trades yesterday,
the account now has $1K.
  • #8,498
  • Jun 14, 2017 12:34am Jun 14, 2017 12:34am
Quoting yanah12
{quote} Congrtas! I opened a micro account with $100 deposit last week for a family member. After closing all trades yesterday, the account now has $1K.
Wow! What risk are you using each trade and how many per day?

I opened a live account 4 years ago with $1000 and am currently $1700 so I am astounded at what you guys are achieving!
Winners add to winning trades!
  • #8,499
  • Jun 14, 2017 3:43am Jun 14, 2017 3:43am
Quoting yanah12
{quote} Hi I am looking at this pair too. Wait till end of trading day to enter new trade if the setup is still valid. All the best
Hi Yanah,

i took the Euraud trade in the morning but placed by SL at the 1.479 Level got just got stopped out. Any feedback on my SL level ?
  • #8,500
  • Jun 14, 2017 4:29am Jun 14, 2017 4:29am
Quoting yanah12
{quote} Congrtas! I opened a micro account with $100 deposit last week for a family member. After closing all trades yesterday, the account now has $1K.
Wow... I really like the beautiful work u are doin yanah...ur strategy is a simple one with clean charts..kindly post more pictures and enlighten us by any means including elements of price action that can enhance this same strategy..keep the good work...I'm really inspired, 4 real
32 traders viewing now