on special request from the chief himself no less. sell A/CH: nice 2 candles which form the new set-up. the last closed candle has hardly any wick, so good momentum. candle is average size and would prefer a little larger than average ...

Monthly Profit - Daily Trading using SMA

do you mean: when US session ends?

Monthly Profit - Daily Trading using SMA

am only saying that because he seems to have trouble trading with the 5pm NY candle. monaghan is on another eod time and he could not detect much difference.......... ah well, in the end its Filipo`s choice.

Monthly Profit - Daily Trading using SMA

daily closed 9 min ago. I go with Ghibli: sell A/CH buy G/N good luck everybody.

Monthly Profit - Daily Trading using SMA

do you think it would be better to open an account with a broker with a different closing time for your own convenience? OR have a demo account with a convenient closing daily candle and enter with your current broker.

Monthly Profit - Daily Trading using SMA

didn`t know you took E/CH on Sunday. I did not, `cos I thought it did not have much to run before hitting resistance.

Monthly Profit - Daily Trading using SMA

have to go out now, so will give my view early. daily close in 13 min. looked at A/U, C/J and E/A and liked C/J the best. could have bought in earlier, but still has a lot of room to move towards the last swings high as it is coming off a low base. ...

Monthly Profit - Daily Trading using SMA

you`re welcome moonbeam - will look at your pairs when my daily candle closes @ 10.00am NZT = 5pm NY

Monthly Profit - Daily Trading using SMA

your system of the cross of sma5/0 and sma5/5 will end up in tears or at best not so profitable imo. the 5.0sma is just a heads-up for me to have a good look and usually you have 1 large or 2 candles in a new direction. pure price action - that`s ...

Monthly Profit - Daily Trading using SMA

in my opinion A/J was the better one - see posts 5386/5399

Monthly Profit - Daily Trading using SMA

daily candle closing soon. no trades for me today.

Monthly Profit - Daily Trading using SMA

agree completely with the statistics. this whole business is about the numbers. if I enter here: what is the success rate in similar conditions if I take profit here: is that at the best time on average considering the volatility and my SL: is that ...

Monthly Profit - Daily Trading using SMA

looking at your chart, I would never haven taken this trade. the signal candle has a large wick, so the momentum is lost sideways action resistance ahead soon at around 0.9815. good luck with your trade

Monthly Profit - Daily Trading using SMA

no, momentum is not only for up - is for down as well. the preceding candle had good momentum too and had a nice closing finish near the low. however, we don't take that trade, because its right in the resistance area from 4 candles in August. the ...

Monthly Profit - Daily Trading using SMA

nice candle with lots of momentum but: not a lot of headroom with resistance not far away around 1.0960/70 might fly through though.........good luck

Monthly Profit - Daily Trading using SMA

agree the chart is a big mess. the only thing is that it closed above all that mess. so upwards and forward

Monthly Profit - Daily Trading using SMA

bought AUD/JPY good luck everybody

Monthly Profit - Daily Trading using SMA

well it does in a way. if you enter and that day the market decides against your position, then it just becomes a gamble to enter after. you could lose small, win big as long as you don't place a higher lot size because of the smaller SL. ofcourse ...

Monthly Profit - Daily Trading using SMA

if anybody wants to sell JPY, I would go with A/J as it is the only one which closed above congestion. also AUD was no 2 in strength last Friday with NZD being the winner. so if I had to buy something, A/J (preferred) or N/J. please give me your ...

Monthly Profit - Daily Trading using SMA

Filipo - late entries are not according to the rules, but you can do anything you want at home.

Monthly Profit - Daily Trading using SMA