Rising commodities (and particularly Gold if rebound is confirmed) should support AUD despite the disappointing release of Chinese Industrial Production. Currently AUDUSD is stuck on 78.6% Fibonnaci retracement from the last big downward trend: url

Monthly Profit - Daily Trading using SMA

Commodities: -Oil on check list and about to break free from wedge, a well kbown continuation pattern. -Gold gave a signal according to our main strategy.

Monthly Profit - Daily Trading using SMA

The Kiwi should continue to shine after higher Dairy Auction Price released a few minutes ago.

Monthly Profit - Daily Trading using SMA

So was it on Aug. 8-9;which lead to the downward trend tll mid-Sept....

Monthly Profit - Daily Trading using SMA

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Monthly Profit - Daily Trading using SMA

Hi Mizi123, you are right both are risiing against USD, however let us not forget the importance of: 1) S/R lines 2) Candlestick patterns, here a bearish harami, a weaker pattern than bearish engulfing but still a bearish signal. In addition the ...

Monthly Profit - Daily Trading using SMA

Hi MrRijk, sure but as stated below in Bk8's strategy update he is mentioning that he still believes as I do that 5,0 gives better results that 5,3. ... I was consistent profitable with SMA 5,3 for almost 6 months....but later we noticed 5,0 was ...

Monthly Profit - Daily Trading using SMA

AUD/NZD retrace from strong resistance

Monthly Profit - Daily Trading using SMA

AUD/NZD entering on retracement

Monthly Profit - Daily Trading using SMA

Sure but what you are maybe missing is that the call was to lock in profits not to close open positions but rather trail our stops in case of adverse move. I still think the call was spot on.

Monthly Profit - Daily Trading using SMA

Sorry bu your chart does NOT reflect 5,0/5,3 this one does, see the difference with your dark blue line?

Monthly Profit - Daily Trading using SMA

Dear Bk8, Sorry to insist , this is my third and last attempt to get an explanation from you about the MAs on your charts recently because it is a bit misleading. The orange/gold one is seemingly SMA5,3 but what is the navy blue line and how do you ...

Monthly Profit - Daily Trading using SMA

Sorry PipThePanda but I have to disagree, there was a real risk and you would probably have thanked Fadhl if the outcome of the CPI release was on the wrong side of your trades I guess...

Monthly Profit - Daily Trading using SMA

Ok so the orange line is SMA5,3 and what MA is the navy blue line please?

Monthly Profit - Daily Trading using SMA

video Enjoy!

Monthly Profit - Daily Trading using SMA

Lift off! All ok Houston!

Monthly Profit - Daily Trading using SMA

I am in as well, according to my understanding of the initial rules as stated on post Nr.1 this setup fits perfectly to the rule. Dear Bk8, do you agree? We must make sure because the idea as far as I am concerned, is to learn fishing, not to be ...

Monthly Profit - Daily Trading using SMA

Hi Monokl, Please check post 5,923... of course if Bk8 had mentioned it in the first place it would have been more credible... Your humble servant

Monthly Profit - Daily Trading using SMA

Hi Bk8, what are the MA exactly on your charts please? As they are not parallel I guess the second one is not 5,3. Can you explain a bit more in case I missed something of your current experiment please?

Monthly Profit - Daily Trading using SMA

At least you clearly know if you go with or if you counter the trend and adapt your risk management accordingly.

Monthly Profit - Daily Trading using SMA