Seemed like a valid set-up on my chart? I never took the trade as I hadn't seen it continue its bullish trend from last week due to a strong pullback last Thursday.

Monthly Profit - Daily Trading using SMA

It does look very bullish however

Monthly Profit - Daily Trading using SMA

USD/JPY is up against major resistance level. Won't be playing with that one today!

Monthly Profit - Daily Trading using SMA

Agree!

Monthly Profit - Daily Trading using SMA

E/A looks like it is near a strong area of support? It looks like it will test it again but I would think this trade is only good for 10-20 pips.

Monthly Profit - Daily Trading using SMA

Haha, your trolling is so boring.I think you should try lift your game. But opinions are like belly buttons everyone has them! A pity... I get the feeling you actually have useful knowledge you could contribute to the forums.

Monthly Profit - Daily Trading using SMA

Ahh, it all makes sense now

Monthly Profit - Daily Trading using SMA

I don't see how this U/C trade is still on? Or even close to positive. It is heading in the wrong direction quite bullishly now!

Monthly Profit - Daily Trading using SMA

If it breaks the support level it is currently sitting at it will be . If it fails to break then it will bounce back up. Its had a bullish trend since June. Valid set-up for SMA cross, Good Luck .

Monthly Profit - Daily Trading using SMA

I think this should be a good trade. I think opportunity for a better entry will be in a couple of hours after a slight retrace before testing previous high set 4 days ago. Not in the trade yet Time will tell .

Monthly Profit - Daily Trading using SMA

Turned out to be a great trade, I missed out. Well done .

Monthly Profit - Daily Trading using SMA

I am a bit tired but I do not see how this is a valid set up?

Monthly Profit - Daily Trading using SMA

Set up looks good. But like FX-Flux said the spread is a killer 70 odd for me. So it would have to move a long way to be profitable.

Monthly Profit - Daily Trading using SMA

I am in as well. It has started the day off well so far. NU positions are both closed. 2nd position hit a TP that I had set quite high and the spike a couple of hours ago took it out. Not ideal but am not disappointed with the trade at all. I ...

Monthly Profit - Daily Trading using SMA

Bottom of Post #1 explains it all the other one is Sma 5,3. He is testing it.

Monthly Profit - Daily Trading using SMA

Same. Had to wait till now for the spread to settle. Might take early profit if given the chance due to the uncertainty, will see how the day goes tho.

Monthly Profit - Daily Trading using SMA

You can disagree..... BUT its a fact. He identified that the news was going to have a big impact on the market. With this strategy we do not take the news into account. But lets give credit where its due! However if the CPI figures were weaker than ...

Monthly Profit - Daily Trading using SMA

Great call. Could have easily gone against us. Something to keep in mind next time.

Monthly Profit - Daily Trading using SMA

The market loved the CPI news it would seem.

Monthly Profit - Daily Trading using SMA

I don't think anyone else does. BK8 didn't elaborate when asked so possibly it was a mistake?

Monthly Profit - Daily Trading using SMA