No rally in the end, but we could be more lucky on this short signal.

Monthly Profit - Daily Trading using SMA

Ready for stock markets Christmas rally?

Monthly Profit - Daily Trading using SMA

Another buy signal on USDJPY (SMA5,0 - pointing up)

Monthly Profit - Daily Trading using SMA

Going short now with stop above M5 200 EMA.

The Spartan Trader FX System

H1 rejection from 200, 36 and 12…

The Spartan Trader FX System

SP500 on watch.

The Spartan Trader FX System

First trade closed, 2nd trade trailed at break even.

Monthly Profit - Daily Trading using SMA

A few fresh signals:

Monthly Profit - Daily Trading using SMA

TFTP , so far the best experience.

Prop Firm Hub

Hi RiskFighter, sorry but I don’t get it. The system is still the one detailed in post #1. Bk8 made it clear at the beginning that it was an experiment and as such was open to changes and suggestions. Like for instance switching from SMA5,3 to ...

Monthly Profit - Daily Trading using SMA

EURNZD Better late than never… I missed this one yesterday. Prices crossed SMA5,3, opening today below Bollinger middle band. Would be great if RSI below 50 at today’s close. P.S. As usual NZDCHF largely mirrored the movement.

Monthly Profit - Daily Trading using SMA

Hi RiskFighter, the condition for SMA pointing up or down was introduced only after Bk8 proposed the adoption of SMA5,0 (post #678 Aug 27 2016) and was based on suggestion made by Oddbjorg a bit later. The original SMA5,3 setting only required the ...

Monthly Profit - Daily Trading using SMA

Sell signal on EURUSD

Monthly Profit - Daily Trading using SMA

Agreed. Additionally to the European bearish fundamentals here is what reinforced my medium term sell bias on EURUSD :

Monthly Profit - Daily Trading using SMA

In short yes but I don’t have stats. I trade FX, Indices, Oil and Gold. Most important: no oversizing, take two trades close #1 after 50-100 pips profit for your salary, then break even on trade#2 hoping it will add to the bonus pool. All the best.

Monthly Profit - Daily Trading using SMA

Agreed, strategy proposed by Bk8 was that S(imple) Moving Average had to cross over candlesticks, either 5,3 or as later suggested 5,0 pointing up/down. As recently supported by maxwell87 I adopted initial simple crossing with SMA5,3 which has at ...

Monthly Profit - Daily Trading using SMA

Hi sam1967, Just one remark if I may: maxwell87 is using SMA5,3 as was initially proposed by Bk8 until being updated to SMA5,0 as shown in post#1. However the pointing upward/downward was introduced only with the change to SMA5,0. And if you check ...

Monthly Profit - Daily Trading using SMA

An excellent reminder that we should better trade what we see rather than what we think, and also on the quality of signals provided by this strategy.

Monthly Profit - Daily Trading using SMA

Hi maxwell87, I am also biased for short on these two pairs but not according to this thread’s strategy…

Monthly Profit - Daily Trading using SMA