A question for all but especially the 'old pros' on this forum. If you wait for the SMA 5 to slope toward your entry (turning up for a long, etc) do you feel the angle of the slope is important? If yes, then a small, gentle angle up/down may not be ...

Monthly Profit - Daily Trading using SMA

I think more than a few of us are victims of too tight SLs and the +/- 15 pip 'rule.' Doesn't take much to get stopped out on the D1. HOWEVER, I am really thinking about your use of the hedging stop order. They are placed logically as opposed to the ...

Monthly Profit - Daily Trading using SMA

Filipo, first, you are certainly among the most successful followers of BK8's strategy, and you have continued to generously share of your knowledge and experience with this system. Having said that, I am wondering if YOU really get much out of the ...

Monthly Profit - Daily Trading using SMA

W1 Pivots interesting here. Admit I would not of thought of checking the weekly. Thanks Filipo for bringing this to our attention.

Monthly Profit - Daily Trading using SMA

Great trading! Congratulations.

Monthly Profit - Daily Trading using SMA

Mizi, I have read this but needed to hear it again. Thanks.

Monthly Profit - Daily Trading using SMA

Several of you have taken quite successful trades which appeared to be nearing the top/bottom of a BB. I do understand that some of us have removed the BB from their charts and consideration . . . and I am beginning to consider this myself. At least ...

Monthly Profit - Daily Trading using SMA

Oddbjorg -- You are too modest about your knowledge and accomplishments. Thank you for your comprehensive answer. I agree with you -- this thread is about learning, not copying. If one were to study what you do, and compare it to jmtini and ...

Monthly Profit - Daily Trading using SMA

Very intuitive calls Oddbjorg. Excellent movement up on the EURAUD and EURJPY. I was put off by the nearness of the top of the BB and cautioned by your thoughts on post 9583 -- * for the most part not over or on high bb * most of the time, coming ...

Monthly Profit - Daily Trading using SMA

If possible, thank you. FS

Monthly Profit - Daily Trading using SMA

Agreed on dollar.

Monthly Profit - Daily Trading using SMA

Jmtini -- no doubt you have done this, but would you mind sharing the numbers for your five lines? I expect the red is our standard sma 5 and the pink is probably a 200 (s or e)? I see these have worked well for you . . . trying to fully understand ...

Monthly Profit - Daily Trading using SMA

Hi Et, I like your image better. Actually, mine showed the sma 5 essentially flat while yours is clearly pointing down. Given how strong the up move has been I am not sure if I would have taken it at market open, but clearly it has moved down ...

Monthly Profit - Daily Trading using SMA

I know most of us check as the new market days opens (at whatever time that is for you), but if you like to keep watch take a look at the AUDUSD. ~. up over 600 pips, but . . . ~ current high very nearly equal to the last D1 swing high so at some ...

Monthly Profit - Daily Trading using SMA

As someone trying to get back to it, I did look hard for an entry, but I just don't see it. Glad Oddbjorg confirms.

Monthly Profit - Daily Trading using SMA

Filipo, thank you for the helpful clarification. I had a couple of successful 'paper' trades last night (EJ and GJ short prior to their turns up) so feel ready to engage in live trading again. Of course, fundamentally, it is not a complex strategy ...

Monthly Profit - Daily Trading using SMA

Very good to see how successful and active you continue to be Oddbjorg. And thank you for your kind good wishes for my health. Finally, is my old understanding essentially accurate that the SL is placed at the opposite end of the preceding candle? ...

Monthly Profit - Daily Trading using SMA

Most of the participants who stop by this wonderful SMA thread realize what a remarkable journey it has had. Nearly 10000 posts and the strategy is intact. This almost never happens on FF! Warm congratulations to the several of you who have carried ...

Monthly Profit - Daily Trading using SMA

Does this suggest you trade with the bias (e.g.. down from OB, up from OS) after price has moved down and below your white box defining an octave level + and - the 2/8 mini-box within the whole octave? In other words, you need price to exit the ...

Quad Candle System

Does this suggest you trade with the bias (e.g.. down from OB, up from OS) after price has moved down and below your white box defining an octave level + and - the 2/8 mini-box within the whole octave? In other words, you need price to exit the ...

Quad Candle System