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Re: Marco's Smashing Potatoes Trading System
Posted: Tue May 11, 2021 8:49 am
by Marco_Sousa
Thank you for your interest pathenry, and I'm sorry for the late reply.
I just checked and the Template has all the indicators you need, it's on page 10 post #99. But please let me know if you need any help.
Happy trading
Re: Marco's Smashing Potatoes Trading System
Posted: Tue May 11, 2021 8:52 am
by Marco_Sousa
Here are the requests that you made just in case.
Anything you need I am available.
Re: Marco's Smashing Potatoes Trading System
Posted: Tue May 11, 2021 1:10 pm
by pathenry
Awesome. Main issue was settings on 8 & 200 moving averages. Different settings in the saved files but what you have posted has my issues solved.
Thank you
Re: Marco's Smashing Potatoes Trading System
Posted: Tue May 11, 2021 3:14 pm
by Marco_Sousa
Glad to help, these are the 200 EMA settings.
Happy trading
Re: Marco's Smashing Potatoes Trading System
Posted: Sat May 15, 2021 12:09 am
by Marco_Sousa
Dow Jones this morning
We had a buy signal just before NY opened, everything was blue and please notice the support of the 200 EMA that also helped to make a decision to go long.
Re: Marco's Smashing Potatoes Trading System
Posted: Sat May 15, 2021 12:50 am
by Marco_Sousa
When to exit the trade and cash it:
Remember that the buy signal was given at the same direction of the Trend,
1st option exit: If we have Divergence against our trade
2nd option exit: When price hits daily pivot
3rd option exit: When price hits the monthly and weekly pivot
Always pay attention to economic news, 30 mins after NY open, all news were against US Dollar making the price plunge.
https://www.investing.com/economic-calendar/
Re: Marco's Smashing Potatoes Trading System
Posted: Sat May 15, 2021 3:34 am
by Marco_Sousa
Price just hit 1st target.
I wish you all a great weekend with your friends and family.
Marco Sousa
Re: Marco's Smashing Potatoes Trading System
Posted: Sat May 15, 2021 11:46 am
by Marco_Sousa
2nd target reached, price touched the Monthly pivot.
It's always very risky to wait for the 2nd target, you should have a good money management.
Next week I'll try to post another trade,
Take care and enjoy your weekend
Re: Marco's Smashing Potatoes Trading System
Posted: Sat May 15, 2021 10:44 pm
by hoanggiaquang87
Hi,
You only trade when New York opened?
Re: Marco's Smashing Potatoes Trading System
Posted: Sun May 16, 2021 1:01 am
by Marco_Sousa
Yes, I start trading only when NY opens until noon. (9.30am to 12.00 Eastern Time).
I live in US so I'm sleeping when London session starts. Sometimes I trade the Asian session when high impact news hit the Aussi and Yen.
I am a scalper so I prefer to trade when there's high volume in the markets.