We all know how important is the crossing of the Bollinger middle band SMA20. I like to filter it in conjunction with the cross of RSI 50 middle line. Here we have two different upward crosses of the BMB. At the opening of the next candlestick after ...

Monthly Profit - Daily Trading using SMA

Now you probably do. By the way it looks like the dollar is making a big come back vs everything.

Monthly Profit - Daily Trading using SMA

“The trend is my friend”. Do you agree?

Monthly Profit - Daily Trading using SMA

Hi leleitaly and Vin3, no shift All the best.

Monthly Profit - Daily Trading using SMA

Hi Str3s5, Not as a primary protection. You can search for my former posts in this thread about it. Basically I use hedging orders but I do use relatively tight stop-loss on the trades triggered by hedging executions. Stop-loss orders has been ...

Monthly Profit - Daily Trading using SMA

Hi RisingSun, We post what we see, setups are not related to the messenger but to objective and verifiable signals matching a given strategy. It’s true that the pairs I post sometimes have unexpected reverse results. But it’s also true that the ...

Monthly Profit - Daily Trading using SMA

Posts #12013 / 12017. EURJPY / CHFJPY :we should have reached resistance now according to Ichimoku:

Monthly Profit - Daily Trading using SMA

Sell signal sent by USDZAR with bearish divergence on RSI.

Monthly Profit - Daily Trading using SMA

Hmm… let’s see how it works with one of the most volatile and unpredictable type of asset.

Monthly Profit - Daily Trading using SMA

Hi Eod, agreed as announced on my post #12017.

Monthly Profit - Daily Trading using SMA

Hi naruponk, I was like you a few years back: what? 150 pips stop-loss? these guys are nuts! Discipline is key here and you have to decide if you want to get rich slowly or poor quickly. Not a joke, that’s the best trading advice I was given by ...

Monthly Profit - Daily Trading using SMA

Hi Kodzhamanov, I follow the mentioned rules but with some adaptations: -Touching BB per se is not relevant for exit from my experience (but it remains a no-no for entries: I would refrain from buying if prices already touch the upper band). Now ...

Monthly Profit - Daily Trading using SMA

Posts # 11995-11996-12000: Didn’t reach my TP2 yet but I prefer to close here. Another winner.

Monthly Profit - Daily Trading using SMA

CHFJPY also sent sell signal (with a nice bearish divergence on RSI).

Monthly Profit - Daily Trading using SMA

Well I am not sure I am the best qualified for that but the turning point as for any strategy I guess is discipline: -Keeping a trade journal obliges you to re-think the rationale for taking a position. And you can learn from it as long as you ...

Monthly Profit - Daily Trading using SMA

Sell signal sent by EURJPY.

Monthly Profit - Daily Trading using SMA

Hi AdamO, are you serious???

Monthly Profit - Daily Trading using SMA

DXY just crossed the Bollinger middle band on the monthly chart. Next major resistance seen around 96.00-96.50 according to Ichimoku Kinko Hyo (flat SSB and KS).

Monthly Profit - Daily Trading using SMA

Remember this post after #11962? This pair like USDMXN, USDPLN and USDTRY can be quite volatile. Therefore when I catch a reversal starting close to or from Bollinger bands I keep some more distance from price action for my risk management and am ...

Monthly Profit - Daily Trading using SMA

This is for me the typical dream play: You start beginning of August with a short position. The mid-August retracement below the middle band and with RSI below 50 offering a nice opportunity of compounding by adding more short. End of August you ...

Monthly Profit - Daily Trading using SMA