The confluence of resistances coupled with RSI bearish convergence worries me. This chart below is just for illustration and does not reflect this thread’s system.

Monthly Profit - Daily Trading using SMA

Maybe it’s time to get out. Weekly S/R bump + calendar... watch out.

Monthly Profit - Daily Trading using SMA

And so it is for USDCAD.

Monthly Profit - Daily Trading using SMA

Hi Oddbjorg, all coherent for me : CAD is weeker than JPY which is itself weaker than USD (until price action crosses back below SMA5 and this latter points downward trend remains positive). Looking at weekly chart ichimoku version, the way is clear ...

Monthly Profit - Daily Trading using SMA

Hi everyone, what’s up? Just one occasional post to keep the thread alive. Happy trading.

Monthly Profit - Daily Trading using SMA

I wish I could one day ask my personal assistant to do all of the above plus be able to set up trading rules like a kind of EA. Just imagine: "...Ok G..... / Hey S... here is a new automated system: when H4 at close crosses Kijun Sen please..." and ...

Trading From Your Phone

And for USDJPY monthly gives the best perspective from my point of view :

Monthly Profit - Daily Trading using SMA

Hi there, I just passed for a glimpse. Hope you are doing fine. i can’t resist reminding how important it is to check weekly ichimoku charts before entering on a trade where JPY is involved. For CHFJPY and CADJPY resistance is quite obvious. All the ...

Monthly Profit - Daily Trading using SMA

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What kind of music you hear while you trade?

Schwyzer Musik sounds Soooo GOOOD! video

What kind of music you hear while you trade?

Hi everyone, This is my farewell post. I sincerely hope my latest interventions on this thread will have helped some of you to get a better understanding and mastery of this strategy that rocks. I have the feeling I shared all what I received from ...

Monthly Profit - Daily Trading using SMA

This is wonderful news ShinjinFX, keep on track.

Monthly Profit - Daily Trading using SMA

Hi 9jatrader, no more confusion now: url

Monthly Profit - Daily Trading using SMA

You are welcome Oddbjorg, many thanks for yours as well.

Monthly Profit - Daily Trading using SMA

Here is a weekly perspective. It will be interesting to see which will take the lead: inverse H&S or double resistance?

Monthly Profit - Daily Trading using SMA

Hi everyone, EURCAD sent a signal.

Monthly Profit - Daily Trading using SMA

Hi ekjinvests, good remark nothing dumb here. Living in Switzerland I usually sleep (except tonight ) at the time of US close so I usually check the market in the early European morning and most of the times there is little change from previous ...

Monthly Profit - Daily Trading using SMA

Hi Forest-Sea, thanks for your kind appreciation. Like you I prefer MACD cross to confirm setups however as it is a lagging indicator (all are some would say...) I also like to check what RSI tells me and more specifically if it stands above or ...

Monthly Profit - Daily Trading using SMA