Hi Doppiomalto, First we will have a better view after today’s close. At the moment I am not very enthusiastic about it as recent price action looks a bit sideways and I keep preoccupied by the bearish divergence with MACD. P.S. I want to keep my ...

Monthly Profit - Daily Trading using SMA

Heads up: DXY currently testing important Fibonacci retracement

Monthly Profit - Daily Trading using SMA

New setup signals: EURJPY short setup USDMXN short setup Continuation signals (new crossing candlestick on running setup) all short: CADCHF GBPJPY USDCHF

Monthly Profit - Daily Trading using SMA

Hi ahsanforex, No problem, there will be more and more and more setups. The pin candle of Nov.15 followed by lower highs could announce some retracement on the way before uptrend resumes unless the H&S pattern is confirmed.

Monthly Profit - Daily Trading using SMA

CORRECTION of supposed results strictly applying the rules: EURUSD setup has only 115 pips gain after trailing stop hit on Nov.16 USDCHF setup has only 24 pips gain after trailing stop hit on Nov.16, sorry for that.

Monthly Profit - Daily Trading using SMA

Post 9465. Results week opening/closing: EURUSD 133 pips gain and counting GBPCHF regular S/L hit 77 pips loss NZDJPY 2.05 figures gain and counting USDCHF 64 pips gain and counting USDJPY 1.3 figure gain and counting Happy trading.

Monthly Profit - Daily Trading using SMA

Bk8 changed it for SMA5,0 after a few months, and consequently updated his post nr.1 accordingly.

Monthly Profit - Daily Trading using SMA

At first glance your chart does not cope with the rules of this thread's strategy. Remember it is Simple Moving Average on 5 periods (days here) on close prices, without any shift. Here is my chart for the same period: url

Monthly Profit - Daily Trading using SMA

Hi Et2017, welcome in the thread. Many questions, ok here we go: 1) yes the rules described in post nr. 1 are still valid. 2) yes you have to wait until you have cross + direction of SMA matching. 3) with USDCAD we had a cross upside but sma ...

Monthly Profit - Daily Trading using SMA

Hi alexf82, Welcome iin the thread. Here are the recommendations Bk8 left in post nr.1: Take Profit/Exit Take 2 positions of same setup, and close the first setup after taking profit on same day and leave the another setup to run forever Keep moving ...

Monthly Profit - Daily Trading using SMA

XBTUSD also sent a nice long setup signal however I trade it exclusively on H1 for obvious reasons. I just translated the 5-day SMA and the 20-day SMA from the B.B. into the hourly panorama.

Monthly Profit - Daily Trading using SMA

USDCAD sent a long setup signal

Monthly Profit - Daily Trading using SMA

Hi felipe6, welcome in the thread and thanks for sharing your views.

Monthly Profit - Daily Trading using SMA

Hi everyone, This week was again marked by consolidation/hesitation for many pairs, here are a few charts I am looking at. EURUSD sent a signal for long setup but price action closed right on an old S/R line and we are facing a potential double ...

Monthly Profit - Daily Trading using SMA

Hello, regarding your mobile app (here for iOS) I have some problems /requests with charts mainly: - is there a way to get rid of the “buy” / “sell” buttons on top? These can be useful only under specific circumstances and should left optional - it ...

Spotware cTrader suggestions, improvements and issues thread

You are welcome Oddbjorg, we are all here to learn from each other.

Monthly Profit - Daily Trading using SMA

The charts above were based on European close broker. Here are the set of daily charts based on US close. No dramatic differences but a pip is pip.

Monthly Profit - Daily Trading using SMA

Where are we now since my post Nr.9436? EURCHF escaped S/L stop by 1 pip only and is now back on track. AUDNZD is going well if you placed S/L level at 15 pips over Oct.26 candlestick considering 27th. was a short one. EURNZD safe and well. EURJPY ...

Monthly Profit - Daily Trading using SMA

Interesting 12-24-200 EMA mix. Thanks and all the best for your thread.

Monthly Profit - Daily Trading using SMA

An illustration with EURCHF. Personally in H4 I will privilege Fibonacci retracement over Bollinger bands.

Monthly Profit - Daily Trading using SMA