EMA 25-50 Trading System (Detailed)

Dear Mike,

The values are 15 25 5

Once again thank you very much for the system Elang, but I have some problems understanding ATR....

On some pairs there are 2 digits on others 3,4 (in atr value)
How do I know how many digits to use?

Thanks in advance, and I hope you understand my question

Can you post your MACD indicator you are using, Thanks

*

Do you stick with these trades during this news release. Just checking.

J

Are there any Fundamental Traders in here ?

Any tips on what we should be expecting ?

Thanx.
E. Lang

I have my B/E moved on most of them.

Try and protect myself.

Regards,
E. Lang

Those who want to trade this news , I will re- post Felix's analysis for GU:

Tuesday, September 25th, 2007 (10:00 a.m. New York Time) USA
At 10.00 a.m. we will have U.S. Existing Home Sales and U.S. Consumer Confidence coming out. Home sales is pretty much number 1 topic right now, and I believe Existing home sales is going to be more important than the consumer confidence; however, the consumer confidence has to be in tune with home sales. If it is conflicting too much, that would be a little messy trade. Existing Home Sales are expected to come out at 5.5 M. If they come out at 5.8 M or higher, that would actually be a significant rebound, better reading than the last two months, and I think based on that GBP/USD may possibly go down by 40 pips or more in the first hour of the report. On the other hand, if the home sales disappoints, and reads 5.2 million, that would actually be a quite big jump down from 5.75 million last month, and a reading of 5.2 million or lower would probably drive GBP/USD up by 40 pips or more in the first hour of the report. Again, if U.S. consumer confidence conflicts, and that there is some really important price levels, the move may be a little bit choppy, however, if they don't conflict, there is a pretty good chance to hit my price projections.

SUMMARY:
* Report: U.S. Existing Home Sales
* Sell on GBP/USD if the number will be 5.8 M or higher.
* Buy on GBP/USD if the number will be 5.2 M or lower.
* If the trigger is hit, expect 40 pips or more in the first hour of the report.

Nzd/usd Short: Closed +1,+44

WEll, the EUR is officially over the previous highs resistance, but it is still within an acceptable range of it. Now, if numbers come out negative for the US, expect it to go up nicely. I placed a buy (based on my own moving average numbers, around 1.4080), while I am still trying to learn yours. But yeah, I did the same, it can get really choppy here in the next 10 minutes, so I places the SL a few pips above break-even, just incase.

NZD/USD Long Bonus H4:

Entry: 0.7374
Sl: 0.7283

Nice entry, already up. :-P Congrats again, Effi. I swear, almost every thing you put, is usually up in pips within minutes of posting.

I almost wanna just use your predictions for large lot scalping. ;-)

GBP/USD Long Bonus

ENTRY: 2.0185

SL: 2.0062

GBP/JPY Long BONUS

PENDING: 231.30

SL: 229.51

Tell me about it

I couldn't post these earlier cuz the site was overloaded lol.

Recap:

GBP/JPY Long BONUS H4:

PENDING: 231.30

SL: 229.51



GBP/USD Long Bonus H4:

ENTRY: 2.0185

SL: 2.0062


NZD/USD Long Bonus H4:
Entry: 0.7374
SL: 0.7283

Thanks Effie. I really appreciate your strategy and your calls!

Nancy

CLOSED TRADE: -17

USD/CAD LONG D1

USD/CAD Short BONUS H4

ENTRY: 1.0009

SL: 1.0084

Effi*e* :surprised

You're welcome...