NZDUSD sent an interesting signal right after BB squeeze. In the absence of major event or release for the NZD (except unexpected move related to US-China trade war of course) I will possibly buy at the opening and add more after Chikou Span will ...

Monthly Profit - Daily Trading using SMA

Signal on USDCHF: sharp reversal in progress?

Monthly Profit - Daily Trading using SMA

Hi everyone, EURUSD could be a bull trap, mind the resistance.

Monthly Profit - Daily Trading using SMA

In brief from my point of view: yesterday’s downward move based on long-term fundamentals while rebound is based on short-term anecdotic elements. Sell the resistance.

EURUSD only

Post #11161 Aug.13 Oil is getting fishy, I am out. Have a great weekend.

Monthly Profit - Daily Trading using SMA

...AUM SHANTI AUM.... Breathe in...breathe out... and relax

Monthly Profit - Daily Trading using SMA

Post #11167 Aug.14. Target reached.

Monthly Profit - Daily Trading using SMA

Not systematically but closing above/below SMA20 is just an additional index of strong momentum.

Monthly Profit - Daily Trading using SMA

No particular changes except that I like to consider MACD for confirmation, Fibonacci retracement/projection and also have a look on daily/weekly Ichimoku. The idea being that no strategy works all the time mechanically and the more convergence you ...

Monthly Profit - Daily Trading using SMA

USDTRY seems ok.

Monthly Profit - Daily Trading using SMA

Hi ordosgoitia, looks like but 3 things keep me off at the moment : 1) the last complete candlestick is not engulfing former ones and we are still in range, 2) last close remains above BB middle band, 3) the pattern in place since Aug.1 is a bullish ...

Monthly Profit - Daily Trading using SMA

Indeed (post #10940 Jul.26)

Monthly Profit - Daily Trading using SMA

I like OIL but beware of BB middle band.

Monthly Profit - Daily Trading using SMA

It depends which pair you are looking at.

Monthly Profit - Daily Trading using SMA

Hi Oddbjorg, EURCAD has SMA 5,0 pointing down but only due to current candlestick. If we have indeed a series of lower highs we don't have a real signal yet as we need to wait for the closing to get a confirmation.

Monthly Profit - Daily Trading using SMA

Hi salimc, unfortunately no because it would require a screenshot for each phase and I neither keep screenshots nor disclose my trade details. I tried to explain my style as precisely as I could but you don't have to be convinced.

Monthly Profit - Daily Trading using SMA

I would just refrain until I get a clear signal. What I have learnt after burning not one but many accounts is that this game is essentially about risk management. And when having to choose between trying to catch some additional pips because of a ...

Monthly Profit - Daily Trading using SMA

Hi mtacki, GBPNZD is for me still on watch. BK8 strategy clearly stresses that SMA 5,0 has to point upward/downward to consider a setup as valid. And on this pair we are not there yet. Look at my last post on AUDUSD, we were also not there yet ...

Monthly Profit - Daily Trading using SMA

Hi Lyeo, SMA 5,3 was the initial indicator until BK8 revised it to 5,0 as mentioned in the updated post #1. Parabolic SAR that you can see in the first pages was also abandoned. Don't forget to not oversize your trades. It takes a quite unlikely ...

Monthly Profit - Daily Trading using SMA