A "new" simple system based on MA

29.03.18

+ 1% closed

Thank you hmaoui for not giving up on helping people during the years, I'm studying the thread and I admit I was skeptycal at first (been failing in forex for more than 3 years now, using different approaches) until I realised this has golden concepts and seems way easier than other methods.
I will start using it the next week and posting the results (so during the weekend I have time to finish studying the 20 remaining pages of the thread and set up my charts).

I sincerely hope this can be the new start I was hoping for, nice to meet you all.

Hello again, today was my first day and although I didn't take the best chances I have to admit the strategy worked quite well, both getting me in the market and keeping me out when needed!
Also wanted to thank you too tantra, your results encouraged me a lot (and used your template to create mine)

This is the first chance I saw (EJ), approx 1h before London Open:

I didn't take it because of the bullish hidden divergence, and it seems it was a good choice to wait.

Then I saw and took this chance on EJ (vertical lines show it in all the Tfs I checked, I too checked superior Tfs only to know the big picture):

I think it was not a perfect entry, H1 short term MAs were still half-crossing long term, but wanted to give it a try. got around 3,5%.

Shortly after found what I consider the perfect entry of the morning, which I didn't take because previous one was opened and had to control risk:

H1 looks way better here, I should have waited for this, but I don't complain for a first day!

Hey there, I've been having success with the strategy (got 1% and 2,6% the last days), and today I encountered my first loss (-2,1%). I wanted to share to see if I did something wrong I'm missing or if is just one of the normal failures in the winning ratio.

It was this morning on cable, ~45minutes after red news.


All timeframes agree, and the entry was under the H1 support level. All I can see against the operation is a bullish divergence in H1 and M5 with the stocastic, but since it was produced by the drop in the news candles I didn't take it into account.
H4 is mixed-down and D1 and W1 are long (anyway I just look them for the bigger picture, since I scalp for a bunch of pips only, 20-30max).

close + 1%

+1% Close

Tantra, great that You keep posting, thanks for Your work!

Euro trade

close 3/4 + 7p.
hit sl +1p.

An EURUSD long trade, 14 pips

Good work, bowforex! Simple things work, but they are hard to follow It's hard for me to follow 1 minute, but if the signal there is clear, there's a very low stop. Today there was a good correlation with GBPUSD, also good entries for 1 min

Thank You! For me, the 5-15 min trading is very hard, I can't sitting on my hand... First, I will try to manage my trade on 5 min. basis, I think, it would be better...
I can follow just 2 instruments (EU and DAX), I don't find the way, how I check more than 2 without fully confused.
How many pairs You check? What is the way You choose instrument?

..

I tried to follow more than two instruments, but for 3-4 years I've stopped on EURUSD because it's major GBPUSD- Volatile + Correlation