Forum address

Forum is created for further discussion of this stratergy and setup.
Link http://forextradingwithsma.forummotion.com/index.htm
Information regarding Setup and stratergy is posted in members area of forum.
Access to members require approval.
It is paid membership. if you cant affort to spend ..you can request free membership.

Best Regards
Ramdas

USD/CHF Continuation chart

Here is further development of USD/CHF Continuation chart
Pl refer previous post how price move, and what pattern it forms

USD/CHF

Dear Friend,
Yesterday i posted in forex factory forum , link of this blog to show trade setup and also i posted one sample chart. and then another three chart showing price movement.
After looking at Chart posted in ForexFactory forum, Many forex traders visit Blog about 250 visitor , I posted next three chart showing how price reacted to Strong SMA. H1 TF
To my surprise, No one ask anything about Chart or setup. only one person send me message.
I posted three post...and in last post i mention if no one interested i am going to delete post in next 2 Hours. No one ask anything and after 2 hours i remove all post in FF Forum.
Why this happen ?
People search for Complex things and ignore some basic things.
If you show people Simple things in Complex And attractive way ..people get attracted.
We get so much lost in Complex things and forget simple way of looking at things.
Here is 4 chart which shows you how price reactes to SMA
USD/CHF 1Hour Chart . (usd/chf name is not apearing on chart. in next chart i will enable those names)

USD Monitor

Here is Sample chart for 4 USD pair.
Just watch where USD/CHF touch and what happen next.
before that check Where GBP/USD touch and what happen next.

Forum created

I have created forum to have open discussion about Forex trading with SMA.
http://forextradingwithsma.forummotion.com/index.htm
You can register in form and discuss about stratergy.
This is experimental and further discussion depends on response.

Best Regards
Ramdas

Which TF ?

Let me tell you some importnat thing.
Open H1 Chart, open all pair available on your MT4.
Check daily which pair touch Strong SMA H1 SMA2400. and if pair reach this SMA with good travel go long/short . do same with H4 Time frame SMA2400
Watch Multipair....... atlest 15/20pair on screen.
if you only watch one or three pair...you will get frustrated..so watch multiple pair and wait for pair to reach strong SMA. and when some pair reach strong SMA BUY/SELL spot..that pair will influance other pair movement
Best Regards
Ramdas

Something about SL Hunting

Many time you will experience this.
Your see long signal.. you feel price is going to rise....you go long.. kepp SL just below recent low. say below 40pip.... Price rise some pips ...you see small pip profit.....you expect 50 to 100pip move in your favour.......then Oh No What happen .....suddenly price start falling... It touch your SL..you lost trade...And wonder as soon as your SL hit price reverse from there and then crosses your entry point and rise as you expected............you keep looking at rise with frustration. What is this ?.
Market is Smart.
When you see Price is going to rise..you go long...and put SL just below recent low.
What this tell ? you Buy at higher price and ready to sell and bellow price...
Say you long E/U at 1.5540 and keep SL at 1.5505 35pip below entry price.
Your SL order which is placed at 1.5505 tell market that, you wish to sell E/U at 1.5505 . so why market will buy at Higher price above 1.5540 when you are ready to sell at 1.5505 ? . so market goes there to pick your sell order which is your SL .. your SL is hit..and then market cross above your entry point and keep rising.
When market see potential to rise....technical indicator showing Rise...Trader go long and keep SL at some logical area...when most trader do this...market drop price and buy your stops in Expected SL area...and then makes move in correct direction.
Buy on retrachement after you see Buy signal.
Best Regards
Ramdas