Just everyone knows, that behind every strategy there must be logic why it works, if it's consistent, then of course it has something behind, but every trader must know why that trade can work, you feel more confident.

Monthly Profit - Daily Trading using SMA

One question keeps me anxious, maybe someone has the answer to it. What is the logic behind this strategy ?

Monthly Profit - Daily Trading using SMA

Im still on aud/chf, in about +25, was a big retracement back, but I think its because of holidays, now london session pushing again it back to its place. Also eur.cad and eur.aud signals which we talked about previously, are going to right ...

Monthly Profit - Daily Trading using SMA

Can I ask you what is it?

Monthly Profit - Daily Trading using SMA

I can say that it is a very good idea. I was looking to overall view in higher timeframes, but in lower frames we can see more sensitive Moving Average, which will affect higher timeframe in our situation it is D1, very nice. But we have to not ...

Monthly Profit - Daily Trading using SMA

Before and after. Good morning, lesson for you if you already didn't knew: all indicators are lagging. Do not mess around with newbies, if they would wait that point up, they would get few signals per year. 1(bigger image) After 2nd image before

Monthly Profit - Daily Trading using SMA

Worthless rule.. Strategy is good.. conclusion is that different things works for different peoples, no need to argue, disputes lead to even better ideas, lets be democratic, just saying thatin technical side ma is lagging and it cant be acurate, if ...

Monthly Profit - Daily Trading using SMA

SMA will only point up if there will be another green candle that means that it is already late entry, it is engulfing candles which are already more than 50% sma is very lagging indicator, thats only my opinion, I think we need to predict the ...

Monthly Profit - Daily Trading using SMA

Today 2 possibilities, Eur/Cad, Eur/Aud. Eur.Cad for now signal candle is engulfing, that's the good sign of reversal, higher timeframes showing bearish signs, but overall d1 trending/ranging up. So we could catch small swing. Eur.Aud overall looks ...

Monthly Profit - Daily Trading using SMA

You are senior in this thread, I respect you in all the ways, and I know that you know better, Im learning from you, am I right on the question I asked you ?

Monthly Profit - Daily Trading using SMA

Can you mark and show your entries, please ?

Monthly Profit - Daily Trading using SMA

Let's say we have a cross, then we wait for new candle to open, then mostly MA changes its direction so if it points upwards or downwards we take the position if the ma still didnt changed to our direction or is flat, we don't take the trade, am I ...

Monthly Profit - Daily Trading using SMA

Without all that, today will close weekly chart pin bar. Everyone trading style is different, we can't say "you trading wrong, sir", because that's his style, we all know in forex that we can get clear rules to follow but everyone will use that ...

Monthly Profit - Daily Trading using SMA

With PA Im familiar pretty much, I want to say thank you, I need little bit more discipline some times, call me stupid next time, lol, thanks ! And I read 250 + pages of the thread, then it started to be noisy and worthless, even BK8 for some ...

Monthly Profit - Daily Trading using SMA

Isn't this strategy was used only take trades when candle clearly crosses both Ma 5,0 and 5,3 ? Looks good to me

Monthly Profit - Daily Trading using SMA

So basically my entry isn't right ? I did some backtest, well it's not that dumb at all I can say

Monthly Profit - Daily Trading using SMA

and I have one question about this part (Updated on 17-Dec-2016) Long - SMA line in upward direction Short - SMA line in downward direction Ignore - Flat SMA line He meant that line should be after signal candle close ? But it sounds kinda dumb, ...

Monthly Profit - Daily Trading using SMA

If this pair will continue the movement, probably will be pretty nice signal, it has aaa lot of space to move up

Monthly Profit - Daily Trading using SMA

You got me right, you are right it's loosing momentum, hope so this will continue, now it's kinda ranging and don't know to which side it should go

Monthly Profit - Daily Trading using SMA

Also on board against chf, on aud/chf. Hope goes well !

Monthly Profit - Daily Trading using SMA