It is true that it looks very similar to the USDCAD chart however I am overall a bit more worried for the EUR than the USD. In addition I do not feel comfortable with the level where EURCAD stopped, right on a old support/resistance line and finally ...

Monthly Profit - Daily Trading using SMA

Thanks jmtini. A few pairs in continuation,no new setup today for me. Happy trading.

Monthly Profit - Daily Trading using SMA

Could be Fibonacci will tell

Monthly Profit - Daily Trading using SMA

Yes definitely and retracement offers an excellent opportunity to enter short.

Monthly Profit - Daily Trading using SMA

Hi Malu, 1)Yes you enter on next opening after the close of the candlestick sending the signal. 2)You can consider it as a valid signal provided that the SMA5 is pointing downward in your example. For stop-loss I would consider candles 1 and 2 as ...

Monthly Profit - Daily Trading using SMA

Hi Alicia19, thanks for posting, I am following your idea with a lot of interest. Maybe some other traders will have already observed it, SMA89 closely matches Ichimoku cloud whatever the pairs and TFs. url url

89 sma confirmation

It definitely makes sense to have a multi-timeframes approach, and your suggestion matches what mizi123 mentioned a while ago in the thread. Speaking of multi-timeframes you could be interested in checking the SpartanTrader strategy from Nikos ...

Monthly Profit - Daily Trading using SMA

Hi jmtini, this pair does not comply with this strategy's pre-requisite and we should primarily wait for SMA5 to be oriented downward to enter short. BB is an optional tool in this strategy like MACD for me. All the best.

Monthly Profit - Daily Trading using SMA

You are on the right track jmtini url

Monthly Profit - Daily Trading using SMA

I am totally relaxed thanks. Are you? I still think he should then have rather sent her a private message to make sure she was doing fine.

Monthly Profit - Daily Trading using SMA

I would overweight (reasonably) the best ones but when you take many positions in different pairs it is important to keep in mind the cumulated risk on one given currency. Like for instance on the pairs I have shown last Saturday were all long NZD.

Monthly Profit - Daily Trading using SMA

You see, nobody is trying to convince you to buy anything here nor has to justify anything to anyone. Basically you take it or you leave it, very simple.

Monthly Profit - Daily Trading using SMA

Hello FX-Flux, what's the point exactly? This reminds me of a photography forum where people spent most of their time comparing films, optics etc.. obsessed with technique expertise rather than taking nice shots...

Monthly Profit - Daily Trading using SMA

Sorry vAmZaI, fat fingers on smartphone changed the language on my keyboard. I wanted to say they looked good to me unfortunately AUDCHF turned sour. There will always be some loosing trades therefore risk management and adaptative trade size to S/L ...

Monthly Profit - Daily Trading using SMA

Hi vAmZal, thés look fois to me.

Monthly Profit - Daily Trading using SMA

You are welcome Oddbjorg, glad if it helps.

Monthly Profit - Daily Trading using SMA

Hi A13x3y, yes but just an observation: according to this strategy stop-loss should be at highest/lowest point of crossing candlestick +/- 15 pips and here your s/l is only at the opening of the crossing candle. In addition limiting the gain before ...

Monthly Profit - Daily Trading using SMA

First 3 are setups according to this strategy and the last 2 commodities only look nice to my eyes but these are tough assets to trade beware.

Monthly Profit - Daily Trading using SMA

A few signals to consider: EURGBP is a nice continuation signal after price action was rejected from below the middle band. EURJPY is a bit less strong due to long wick below the middle band. So is also CADCHF as the candlestick barely crossed the ...

Monthly Profit - Daily Trading using SMA

Hello Waddah, yes strategy remains the same as in post nr. 1 .

Monthly Profit - Daily Trading using SMA