Ultimately I share your point of view however this strategy is about daily time frame and has proved to offer a high ratio of successful trades so before the next week ends eventually up we might still have some pips to collect with a temporary ...

Monthly Profit - Daily Trading using SMA

Strange it looks perfect on my main broker''s chart

Monthly Profit - Daily Trading using SMA

Indeed, and precisely for that reason I will take 3 positions in total rather two on one pair as recommended in post #1.

Monthly Profit - Daily Trading using SMA

My selection for tomorrow opening: Long: NZD/CAD Short: AUD/JPY CAD/JPY CHF/JPY Due to cumulated JPY long exposure I will take ionly 1 position of each.

Monthly Profit - Daily Trading using SMA

Well done Nwannao! "...We can be heroes, NOT just for one day... We can beat them, for ever and ever..."

Monthly Profit - Daily Trading using SMA

Well actually not exactly a shooting star on this broker's chart.

Monthly Profit - Daily Trading using SMA

CADCHF anyone? Beautiful rejection from Bollinger middle band after shooting star...

Monthly Profit - Daily Trading using SMA

This is amazing how both of us have such polarized opposite views of the same situation... Time will tell, happy trading.

Monthly Profit - Daily Trading using SMA

Please check carefully: yesterday the pair closed higher than last 4 candlesticks.

Monthly Profit - Daily Trading using SMA

And regarding sideway price action not more than AUD/JPY suggested by Yonnie and adopted by Bk8, so why would it be different here?

Monthly Profit - Daily Trading using SMA

Sure, that's exactly what I have done in the end , I entered at the price I would have got if entered at the opening so where is the point??? This is not kindergarten... o

Monthly Profit - Daily Trading using SMA

And now just took my second position close to "regular" entry point

Monthly Profit - Daily Trading using SMA

Did anyone recommend it "on due time" ?

Monthly Profit - Daily Trading using SMA

Because I was only 40 pips late

Monthly Profit - Daily Trading using SMA

Thanks Erebus. Aje6767 I agree but close/open falls at 11pm at my place in Switzerland so I was sleeping and was too busy this morning, better late than never the only thing is that it adds more distance to the S/L which is already huge.

Monthly Profit - Daily Trading using SMA

Hi everyone I just entered E/A Any comment ?

Monthly Profit - Daily Trading using SMA

I totally agree with you and maybe if someone would have the necessary time, means and kindness to do the research it would be a good idea to compare shift 0, 1 (the one I am tempted to adopt but confidentially of course ), 2 ...

Monthly Profit - Daily Trading using SMA

Regarding AUD/JPY the only positive point I see is that last candlestick closed well above the Bollinger middle band (sma20). However I am reluctant to take it due to the long tails on each CS , it is not as a clean trend as the one between Aug.24 ...

Monthly Profit - Daily Trading using SMA

No really, thank you so much! I am just joking of course Thanks Yonnie for taking the time to reply. In fact I knew that according the rule you should be ready to enter as soon as the next candlestcks after the signal opens. ...

Monthly Profit - Daily Trading using SMA

Soyez rassuré, vous vous défendez tout à fait honorablement.

Monthly Profit - Daily Trading using SMA