EMA 25-50 Trading System (Detailed) | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

10 Ema and 200 Ema cross system 6 replies

EMA crossover (ema 14 & 34) 4 replies

Please help code an EMA Crossover 12ema x 24 ema cross 1 reply

EMA's and MA's confiming small time correctoin ema's crossing 1 reply

EMA Close Crossing EMA High/Low Help Please! 2 replies

Attachments: EMA 25-50 Trading System (Detailed)
Exit Attachments

EMA 25-50 Trading System (Detailed)

  • #41
  • Sep 9, 2007 5:49pm Sep 9, 2007 5:49pm
We have a new High 228.27 >> You may consider moving your SL to this area.
You can wait for a close below the new support or move your SL immediately.

Up 60 Pips on that trade for the moment.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #42
  • Sep 9, 2007 6:08pm Sep 9, 2007 6:08pm
Manual Trailing: A break of 228.99 is our exit.

If we have Stochastics cross without RSI breaking 50, we may consider staying in the trade.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #43
  • Sep 9, 2007 6:27pm Sep 9, 2007 6:27pm
Stochastic crosses without RSI breaking 50 and our Manual Trailing Stop is not broken yet >> we consider holding the trade

http://img380.imageshack.us/img380/5742/mtuo3.jpg

"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #44
  • Sep 9, 2007 6:38pm Sep 9, 2007 6:38pm
Stopped out at 229.00

Awaiting next entry signal.

Still in profit today on M5, talk less about H4 from Friday.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #45
  • Sep 9, 2007 6:41pm Sep 9, 2007 6:41pm
New entry at 229.19

SL: 40 PIPS (2 x ATR)

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #46
  • Sep 9, 2007 6:45pm Sep 9, 2007 6:45pm
We keep in watch of historical R >> 229.70 and 229.60

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #47
  • Sep 9, 2007 7:01pm Sep 9, 2007 7:01pm
We may consider exits at a break below 228.60

No entry, RSI is not below 50 despite the closed under 50.

NO reverse signal.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #48
  • Sep 9, 2007 7:13pm Sep 9, 2007 7:13pm
The 5 minute candle closed under 50 EMA but RSI was above 50, no exit.

New signals short are with closes under 50 EMA + RSI less than 50.

We hold long.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #49
  • Sep 9, 2007 7:15pm Sep 9, 2007 7:15pm
We can trade this system on H4 and D1 and not have to bother looking at all this crazy price movement, but trading on M5 will really get you to know the system and simplify the process of trading on higher frames later.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #50
  • Sep 9, 2007 7:37pm Sep 9, 2007 7:37pm
Aaaaaaaand holding long still.

It is getting pretty boring.

Anyone have any questions on why i did or did not do something?

E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #51
  • Sep 9, 2007 7:45pm Sep 9, 2007 7:45pm
Close and Reverse / SL = 2 x ATR or new signal (SHORT ENTRY)

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #52
  • Sep 9, 2007 7:52pm Sep 9, 2007 7:52pm
Short on GPB/JPY @ 229.13 , a bit late on the entry but not much. Up 30 Pips, we'll see how this one develops. Thanks again Effilang!

Henyloc
  • #53
  • Sep 9, 2007 7:55pm Sep 9, 2007 7:55pm
Quoting henyloc
Short on GPB/JPY @ 229.13 , a bit late on the entry but not much. Up 30 Pips, we'll see how this one develops. Thanks again Effilang!

Henyloc
Is this with 2550 ? What time frame ?

Thank you.
Effi Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #54
  • Sep 9, 2007 8:00pm Sep 9, 2007 8:00pm
Sounds like you must be charting with MT4 ?
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #55
  • Sep 9, 2007 8:14pm Sep 9, 2007 8:14pm
While still holding the trade on H4 TF, you add to your trade by scalping the M5 TF. How much do you trade on this M5 compared to H4?
Thanks
  • #56
  • Sep 9, 2007 8:19pm Sep 9, 2007 8:19pm
Quoting BillGates
While still holding the trade on H4 TF, you add to your trade by scalping the M5 TF. How much do you trade on this M5 compared to H4?
Thanks
If i am trading 50k or 100k on H4 - about 10k on M5 just to fill my time lol

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #57
  • Sep 9, 2007 8:19pm Sep 9, 2007 8:19pm
Quoting effilang
Is this with 2550 ? What time frame ?

Thank you.
Effi Lang
Yes H4 Yes 2550 short , and still up 30 pips
  • #58
  • Sep 9, 2007 8:23pm Sep 9, 2007 8:23pm
Quoting henyloc
Yes H4 Yes 2550 short , and still up 30 pips
Can you explain your entry ?

Thanx.
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #59
  • Sep 9, 2007 8:24pm Sep 9, 2007 8:24pm
Note that this will be the second candle closing as a doji on H4.

Stochastics seem to be crossing.

This will be a great opportunity to look for early Long entries, sooner or later we'll enter the right trade and all the small scalping losses will be covered.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #60
  • Sep 9, 2007 8:27pm Sep 9, 2007 8:27pm
So your main trade is on H4 TF, what about the D1 TF, is it something you will teach to paying students? Could you PM me the details of your mentoring material, goal and price?

Thanks
1 trader viewing now