Nice Trade, I was in it but unfortunately I did not move my TP in time for my second order. So had both positions close. Worse things can happen though! Enjoy the ride upwards .

Monthly Profit - Daily Trading using SMA

Is everyone not just a bit hesitant to take trades due to last weeks sting? I took this NZD/JPY trade as the only downside to the trade was the pending news yesterday. Why did it not meet other traders criteria? image

Monthly Profit - Daily Trading using SMA

NZD/JPY a possible set-up. NZD performing well. However lots of JPY News coming out in a couple of hours.

Monthly Profit - Daily Trading using SMA

It's been a bad week compared to some in the past couple of months but for me it's still been a week that ends in the green. Although it is against the rules I do not mind taking profit early (Even just before 1:1 risk) and then moving second SL to ...

Monthly Profit - Daily Trading using SMA

It hasn't been 6 months? Should we really be making changes to the system already? It goes against the rules. Stop contradicting yourself. In one breath you are saying no changes and in the other you are saying good idea lets see if it has merit. Is ...

Monthly Profit - Daily Trading using SMA

I don't believe I'm out of line. I respect both yours and BK8'S posts along with everyone else's that comments. . I'm not trying to change the strategy at all and have only said that personally I will be using trend to try avoid the losing trades ...

Monthly Profit - Daily Trading using SMA

Learning to analyse a trend at higher TF is a basic fundamental. One that some would say is more important than candle patterns and Support/Resistance. The idea of the thread is to teach BK8's system and optimize where possible. Don't try scald ...

Monthly Profit - Daily Trading using SMA

Thanks Larshw, Great post. After a couple of bad trades using this system (It happens with any system so not bothered in the slightest) I was thinking for myself personally looking at a larger TF to confirm trend will be a great way of validating ...

Monthly Profit - Daily Trading using SMA

I don't think he came out with profit from EJ, his position from G/CHF a while ago that he has now closed compensated him for the loss.

Monthly Profit - Daily Trading using SMA

Thanks yonnie. I will try place limit orders during the next group of trades. I ended up biting the bullet for E/J but the spread was 14 so it will take longer to turn profitable and in the end it hasn't moved much at all and could enter now at a ...

Monthly Profit - Daily Trading using SMA

Hi, How do you guys manage the high spread at the times where the new candle forms? Thanks!

Monthly Profit - Daily Trading using SMA

Hi All, First time using the strategy after watching since the birth of the thread. After a good start like today, Do you consider moving stop losses to break even?

Monthly Profit - Daily Trading using SMA

Care to explain your charts? Maybe with a look at a higher TF as well?

Dragon Riders GBP/JPY

Is there not quite a bit of support around 135.225 first?

Dragon Riders GBP/JPY

Hi Guys, Been watching the thread from the start. I was wondering if anyone currently using the strategy has a TE they can link up? Of even just a trade long to have a look at some past trades? Cheers

Monthly Profit - Daily Trading using SMA

Nice, you think this is the end of the up trend for the week?

Dragon Riders GBP/JPY

Does anybody else do this weekly? For example just chuck in $10 a week to have a bit of a gamble? I think it would be a fair bit of fun. So not a part of your actual trading account. The only problem I can imagine is it messing around with your long ...

50 to 22000 in one week

Its a fair way back against trend to the daily open.

Dragon Riders GBP/JPY

Looks like we could be on the way up again.

Dragon Riders GBP/JPY

My trade long got triggered at 133.776 I fear I set it up a bit too low. TP around 134.400. SL is 133.333.

Dragon Riders GBP/JPY