Hey thats what we are here for - to learn from each other. Traders Helping Traders. Just so you know, I learn fro you too and almost everyone here. Cheers

Monthly Profit - Daily Trading using SMA

Dear Ariel, Please Re-Check SMA 5 parameters: It is SIMPLE MA, not SMOOTHED MA, Applied To "CLOSE", Shift 0. Also you may post a the A/J and/or C/J charts so that we can help better if there are any issues. The two pairs went up at least 70pips each ...

Monthly Profit - Daily Trading using SMA

Yes you are on the same Candle Close/Open as me and BK8 = 5PM EST, the same time SYDNEY is open for trading 7AM. If you just started using this system this week do not worry we all had the same experience of losing trades. The winning trades BK8 ...

Monthly Profit - Daily Trading using SMA

You are correct. You take profit on 1st position IF in profit at the end of day. Then move SL of 2nd position +/-15pips above/below that profit candle BUT also ONLY IF the candle is NOT a small one. If small, do not move SL until the next profit ...

Monthly Profit - Daily Trading using SMA

Thanks for bringing this to my knowledge. However take note of these: 1. On the weekly, A/U has been rather ranging (sideways for 11 weeks, = 3 Months on the monthly). You will see it visually. Although price is above the SMA. 2. Check the slope of ...

Monthly Profit - Daily Trading using SMA

Even if I had A/U as a buy, it would have been many candles back, and the long bearish candle of today would have hit my trailing stop loss and this happened just near the top of the BB and coincides with a strong resistance level, so I think it is ...

Monthly Profit - Daily Trading using SMA

Even if I had A/U as a buy, it would have been many candles back, and the long bearish candle of today would have hit my trailing stop loss and this happened just near the top of the BB and coincides with a strong resistance level, so I think it is ...

Monthly Profit - Daily Trading using SMA

Great, That's what we are talking about here. DO the testing and send in the result at the right time. You are tooooo much jooooo.

Monthly Profit - Daily Trading using SMA

No one will expressly come out to tell strategy owner to change it, JUST LIKE THAT. Additions here and there, so called improvements, suggestions etc end up changing the strategy without knowing it. It happens all the time and in all threads so far. ...

Monthly Profit - Daily Trading using SMA

Mathy, You are just tooooo much. I really hope they read your post and UNDERSTAND what we are doing here and intend to achieve. Well done.

Monthly Profit - Daily Trading using SMA

Dear Marsss, The problem I see is you and other people suggesting different things to better this strategy is that you don't understand that this thread started in order to test the system for sometime. After this, all your inputs for optimization ...

Monthly Profit - Daily Trading using SMA

1. The first problem we are facing here is that a lot of people did not thoroughly read or understand this thread to know that the idea/concept behind this thread is to follow the system as it is for at least 6 months before talking about ...

Monthly Profit - Daily Trading using SMA

Bk8 never set TP at 20 pips, try to understand: Part of the TP rules state that if by the end of the day (candle close) and TP1 has not been hit then close the trade if in any kind of profit. This doesn't mean that the original TP for position 1 was ...

Monthly Profit - Daily Trading using SMA

@Shuan & Others: 1. Stop Loss is +/- 10/15 pips below/above previous candle (buy/sell) 2. Move SL below/above next PROFIT candle +/- 10/15 pips: BUT if next profit candle is small, do not move SL,wait till the next profit candle before you move SL ...

Monthly Profit - Daily Trading using SMA

Good Morning All, Don't really exactly how to say thank you to BK8, but I will use this easy to understand format: MY TRADES SO FAR: EC = +187 EA = +560 GA = +106 (after taking a lot off the table, I think its getting weak as BK mentioned) AU = +141 ...

Monthly Profit - Daily Trading using SMA

Yeah, spot on!

Monthly Profit - Daily Trading using SMA

Check post number 1 by thread owner BK8, it says it all. Formerly it was 5sma shift 3 Now 5Sma with no shift. Thanks

Monthly Profit - Daily Trading using SMA

@Shimmering, My country is GMT+1, right now its 6:07PM that is 6hrs to end of a 24hr day, 12Midnight My Broker is GMT+2 just like man other brokers and uses 5PM EST as end of trading day Broker end of day candle is at 5PM EST and new days candle ...

Monthly Profit - Daily Trading using SMA

Dear Mopaditi, If you notice on that NU daily chart, the first two bullish bars that moved up after the very long bearish candle, the 2nd bullish candle gave the initial buy signal. At that time there was no indication of sideways. After the signal ...

Monthly Profit - Daily Trading using SMA