1.8% Profit per Day Compounded over 220 Days

[expiated]

I’m now long USDCHF once again...

USDCHF hit my take-profit target, so I’m now solidly in positive territory once again for the day.

 

[expiated]

CADJPY has dropped to a ridiculously low level, so I'm likely to enter a long position if and when the pair climbs back up to about the 82.80 handle, which is likely to constitute confirmation of a Bona fide reversal north.

 

[expiated]

CADJPY has dropped to a ridiculously low level, so I'm likely to enter a long position if and when the pair climbs back up to about the 82.80 handle, which is likely to constitute confirmation of a Bona fide reversal north.

I'm now looking for confirmation of a reversal north @ 82.50.

Got it @ 82.41.

 

[expiated]

Got it @ 82.41.

I had to exit the position at 82.46. It seems as if fundamental influences are in control of the markets right now.

 

[expiated]

I had to exit the position at 82.46. It seems as if fundamental influences are in control of the markets right now.

I’m giving it another try—ten pips profit so far.

 

[lawrence-lugar]

I’m giving it another try—ten pips profit so far
View attachment 183683

1.8% Daily compounded since January...you should be a Millionaire by now.

Make those pips, make those pips...Make a Million dollar pips,

,
Make Moves in 2018, and become a Prime Time Player.

 

[expiated]

In analyzing losses I experienced today and how to avoid them in the future, I conclude that I need to put greater emphasis on (assign more significance to) the squiggly trend line, which I have replaced with a close fitting simple moving average, and also insert an additional simple moving average that I have never used before.

I’m hoping this will enable me to trade in such a manner as to almost make money at will, and to test my theory, I will be watching to see how long it takes GBPJPY to drop from 148.78, or EURJPY to drop from 131.99 (if at all).

 

[expiated]

I’m giving it another try—ten pips profit so far.

Exited CADJPY with profit @ 82.32.

 

[expiated]

I’m hoping this will enable me to trade in such a manner as to almost make money at will, and to test my theory, I will be watching to see how long it takes GBPJPY to drop from 148.78, or EURJPY to drop from 131.99 (if at all).

The Euro-Yen jumped up to 132.27 and the Cable-Yen jumped up to 149.15 before turning south, but I am now clued into the precise moving average on which I need to direct maximum focus to know the exact moment I should enter a position and recognize the earliest possible warning that a trade has turned against me and I should exit to minimize my loss.

(In the two-and-a-half years leading up to today I never attempted to narrow things down to such precision.)

 

[expiated]

I’m going to post the following under the Keep It Simple Stupid thread…

Actually, it’s called the multiple simple moving average envelope Forex trading strategy.