Hi Erebus, do you use the same settings for the D1 as you have shown in post 189 for H4? Thanks.

Price Action System/Indicator

great call! I didn't trust it as it stood below the 20SMA and close to resistance.... well, once again you were right ;-)

Monthly Profit - Daily Trading using SMA

Hi Filipo, may I ask what did you do with your NZDUSD trade(s) from Mar 7? Did you close them (at least 1 should have been in profit)? Thanks.

Monthly Profit - Daily Trading using SMA

just trying to figure out why your candles and your MA look different than mine (as obviously the candle time is the same = Sidney open to NY close)

Monthly Profit - Daily Trading using SMA

Hi axecap, the entry could be fine (and was so far ) according to your chart (except that the MA points down). what confuses me is, that your chart looks quite different from mine (and so it should subsequently from the one the system is based ...

Monthly Profit - Daily Trading using SMA

hi ejiexe, do you bother to say what you're trading and what time frame we're looking at? Is it GU 4H? thanks

There is no Magic Moving Average - You need only one

great one! one question... I assume this purple line is the 50MA of the daily chart (as it is definitely not the hourly 50MA)? How do you get that into the 1hr chart?

There is no Magic Moving Average - You need only one

Hi Oddbjørg. thanks for your long answer. and please be assured, it was not a word too long (nor childish enough for me ). We all are learners (hopefully forever!) and it seems to be worth to learn some things from you. But don't worry, I will ...

Monthly Profit - Daily Trading using SMA

Hi Oddbjørg. please let me learn. what you look at for your decision to consider those setups 'interesting' is higher highs + higher lows, crossing of 20SMA and 5SMA pointing up, BBs starting to open... am I right? It's a beautifully clean chart! Do ...

Monthly Profit - Daily Trading using SMA

I would probably too. Oddbjørg has given more reliable hints for entries. I wouldn't even compare myself with Oddbjørg. But that was not the point anyway

Monthly Profit - Daily Trading using SMA

it's at a strong resistance indeed, but weekly and monthly look more as if it prepares a break up, doesn't it. But I have not much an idea about oil. just an opinion...

Monthly Profit - Daily Trading using SMA

...also USDJPY had given a nice signal. same scenario. please don't scold me for not saying earlier. I will try next time. *last candle is today

Monthly Profit - Daily Trading using SMA

Hi Forest-sea, as far as it concerns this strategy, my understanding is that the market should open for the day at Sydney-open (whatever time that is for you). Thus there was a clear crossing down of the 5SMA at yesterday's close. it was coming from ...

Monthly Profit - Daily Trading using SMA

that was a good thread about trading EURUSD ONLY when it started, but what it has become now is awful.

EURUSD only