EMA 25-50 Trading System (Detailed)

Very much appreciated Dave!

I'm glad people are benefiting from this, thats the most important thing of all.

Best Regards and good luck to you!
E. Lang

Great system, I use a similar system that i use it involves a 14 ema with a 14 rsi and psar. i go long if the 4hr candle closes above the 14 and the rsi is above 50 i also use 14 envelopes to figure my stop loss. I added your system to mine and it has eliminated some false signals.

Dave

Wow nice going guys. I missed the entire day..

GBP/JPY SELL

Entry: 233.00
SL: 233.82

Regards.
E. Lang

EUR/USD BUY (RSC)

Entry: 1.3971
SL: 1.3835

Regards.
E. Lang

Hey guys,

We have our first 2550 Daily Signal.
Lets hope it will be as successful as our recent H4 signals.

You should know the drill by now.

Regards,
E. Lang


NZD/USD

http://img442.imageshack.us/img442/9558/nzdusdgr5.jpg

is that eur/jpy?

Ahhh!

NZD/USD

My bad. Fixed it.

Thank you.

E. Lang

hi effilang, very good system you have. is it the setting for daily stochastic 14,3,3? by the way, how to become one of your students? thanks.

ps. sorry for my bad english

oh ya, there are 3 emas in your daily chart. what is the third ema?

Closed the GBP/JPY trade at +418
Closed GBP/USD at +160
Closed NZD/USD at +73

Floating Trades:
USD/CAD Short: +231

Losses:
USD/JPY: Stopped out at -150


+342, -146, +260, +182 +418 +160 +73 +231 -150 = ~1370 PIPs Gain so far, in 10 days.

Regards,
E. Lang

GBP/JPY SELL
Issued: 19.09 |01:18 AM (GMT)

Entry: 233.00
SL: 233.82

FLOATING: +74

Regards.
E. Lang

Hi Effilang,

I did take your GBP/JPY signal but was stopped out at 233.82. How come yours still in profit. Please enlighten me.

Thanks.

Ramli

Oh Crack!

I didn't even realize what i'd written untill now.

It was about 2 AM and i was in a class with a student. I told him to wait, just so i could issue the signal, didn't want you guys to miss out on it, but i guess i did it in such a rush that i didn't even consider what i was writing.

I also noticed i made a mistake with the other signal. They were actually 2, but 1 is deleted now. Instead of SHORT GBP/USD i wrote SHORT EUR/USD.

You should be in profit now. That SL is totally invalid. My mistake guys, sorry.

Just so you know i'm not lying here is the JPY trade:


http://img223.imageshack.us/img223/3928/gbpkpyzb8.jpg

Regards,
E. Lang

Hi Effilang

I just want to check I'm looking at this right, is a stop of about 100 pips OK on the long NZD/USD trade?

Many thanks

*****

Hey *****,

This is a 25|50 trade, so either 2 x's the ATR or 0.7005 (Technical STOP)

Thank you.
E. Lang

i don't get it, how did you know gbp would be going down? i am fairly new in forex, only started since april...
well, after yesterday's news release on USD, the interest rate went down, i thought that many ppl would jump from USD/JPY to GBP/JPY, so i expected GPB/USD to raise even higher, but it didnt

today morning you posted to enter GBP/USD short, i didnt believe it, but in the end you were right, my SL got hit

could you explain to me why it went down and how you saw that coming?

i ve,an EA,for this system still not found optimal setting ,anyone intersted in backtest,and optimazitiom pm me

Awwww.. shucks.. SniFF...

how nice of you.

I'd love to. Would you be kind enough to mail it to me?

[email protected]

I'd be very appreciative.

Regards,
E. Lang

Hi Effilang,

Thanks for your explanation. Luckily I didn't put more lots into the trade.

Is is possible if you tell us how you calculate your Stop Loss for the bonus signal? It might help us in the future.

Thanks a lot.

Ramli

I use The recent R/S.

Thats absolutely 100% - it!

This is a system i teach separately with my daily course.
It is covered in detail together with the 2550 for those students interested during tutoring.

Regards,
E. Lang