EMA 25-50 Trading System (Detailed) | Page 30 | 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)

  • #581
  • Sep 25, 2007 8:09pm Sep 25, 2007 8:09pm
Quoting effilang
A lot of people have been asking about the profit i and my students make with the systems i trade and teach, so i've uploaded a pdf file that includes a Trading Report for the last month detailing account growth during that period.

You will note that it is 15% +, BUT what you won't realize is that the lot sizes for these trades are 10 cents (1,000K) per pip, i think based on that the smarter of you will be able to make an estimated calculation of PIP returns per month. Once you've done the math, just think... 1 dollar per pip... or MORE....!! THINK!! ... 2 dollars per pip!!

Small is big and this proves it or like one of my good friends, trading colleagues and student said today;

"Small shit adds up too".

You just need to be consistent.

Anyways, just to give a modest hint. We do our best to maintain a 5 thousand pip per month worst case scenario minimum .

As i've mentioned before, i do coach on other systems. This one in particular i don't but at least you can see what trading results are like for those of you who've been wondering if the systems i'm teaching work at all.

Trading Report

Regards,
E. Lang

Wow this site never cease to amaze me. A person who has opened a live forex account on 08/08/2007 and who is only trading $0.10 lots, is now teaching other people how to trade forex. Wow you guys this forum must be desperate.
  • #582
  • Sep 25, 2007 8:19pm Sep 25, 2007 8:19pm
Quoting iandekoker
Wow this site never cease to amaze me. A person who has opened a live forex account on 08/08/2007 and who is only trading $0.10 lots, is now teaching other people how to trade forex. Wow you guys this forum must be desperate.

You kidding me,is this true Mr lang?...TS doesnt even get that low,100,000K per lot at 1-6pips per pair and $5.00 RT. I just don't like the attitude in some of these forums,the gaul of insulting ppl left and right when they are just learning or inquiring. Mind you the guy above missed page on the thread!
As Barnum said..there is a sucker born....
I do think Lang did some work elsewhere forex wise,went on his website...can't read the symbols there. Will still give him some benefit of the doubt,double checked "some" of his trades--they are winners. Backtesting on TS will give me more answers.
  • #583
  • Sep 25, 2007 8:23pm Sep 25, 2007 8:23pm
Just Goes To Show You What Happens When You Leave The Barn Door Open!
  • #584
  • Sep 25, 2007 8:25pm Sep 25, 2007 8:25pm
Hey Effi, The Cad actually moved....LOL
  • #585
  • Sep 25, 2007 8:26pm Sep 25, 2007 8:26pm
Quoting jules
EMA---exponential
stochs not specified, MA specified
Exactly! Thank you!

And as i said:

Quote
I can set my stochastics to Exponential, simple, smoothed and linear weigheted.

But what is the prober settings for this system?

/ JoLi

So in order to try this set up properly i can't set my Sto to something else then this system reffers to.

/ JoLi
  • #586
  • Sep 25, 2007 8:27pm Sep 25, 2007 8:27pm
There's always a couple in every crowd. Anxious to continue following this great thread!

Henyloc
  • #587
  • Sep 25, 2007 9:23pm Sep 25, 2007 9:23pm
Quoting iandekoker
Wow this site never cease to amaze me. A person who has opened a live forex account on 08/08/2007 and who is only trading $0.10 lots, is now teaching other people how to trade forex. Wow you guys this forum must be desperate.

i looked around. i agree with you. He has been on another website also.

here is one of his qotes

Man....

Thanx a lot LLH and PipBull. I appreciate the time you took to write that.

It just seemed like i could learn so much from them, or maybe it was just another psycological couchon i was relying on as an excuse not to take things fully into my own hands... i don't know. It's a pip - pip world out here, it's not easy.

I work two jobs and trade the fx at the same time plus study... I admit i do get a little confused myself sometimes.

I guess i should just be a little more patient and perhaps, put more trust in my methods, they seem to work once in a while

I guess its back to work then

Thanx, guys.

Regards,
E. Lang

PS: I drank that beer and did go to bed!



I think he has 2 non trading jobs to build up start up money.
He is trading at .10 a pip because trying to build a following so he can charge them for his teachings on the side for additional start up money.

His intentions are false saying he teaches for free because he enjoys it.
He makes fancy charts probably with powerpoint to look more professional and have people inquire about his charging services.


from another website
Date of Birth: November 8, 1986 Age: 20 Location: Varna, Bulgaria Interests: Competitive Martial Arts, Forex, Video Games, Psychology, Japanese and Chinese Martial History Occupation: Various


He is only 20 years old and claims to be a teacher

I asked around
I did not get good responces


He trades to much.
ANYONE THAT LOOKS AT COMPETIONS FOR TRADING
SEES that all you need is one currency pair


CMON

if you look at his last statement
27 pages

its a joke


27 pages of transactions
lol
  • #588
  • Sep 25, 2007 9:31pm Sep 25, 2007 9:31pm
Quoting iandekoker
Wow this site never cease to amaze me. A person who has opened a live forex account on 08/08/2007 and who is only trading $0.10 lots, is now teaching other people how to trade forex. Wow you guys this forum must be desperate.
Dear Mr. iandekoker...........

I looked back at some of your posts after reading the above; two things stand out significantly: Sarcasm and a "know-it-all-attitude".

The question begs: What's your point?

Trying to protect the uneducated masses? What earthly difference does it make if effilang is trading with micro, mini, regular or LARGE ECONOMY SIZED lots for the purpose of instructing in this thread? The very fact that he posted his trade record in a pdf which clearly shows his lot size demonstates he is not trying to hide the size of his trades. This entire Forum and the World of Forex as a whole is caveat emptor!

I am not defending his trading method. But I will defend his right to post here for educational purposes until such time as he demonstrates he does not deserve that privilege. IF, at some point, he becomes another.........what was name? Began with an "M"...........and reveals that the real purpose behind this lengthy thread was to lead people away from FF for personal financial gain, then it will be time to close the door on what he is doing. But in the meantime, it appears he has helped a few people navigate the tricky waters of Forex trading.

Such enthusiasm for learning on the part of some FF members does not equate with being desperate!
  • #589
  • Sep 25, 2007 10:09pm Sep 25, 2007 10:09pm
Quoting Pipmickin
CMON

if you look at his last statement
27 pages

its a joke


27 pages of transactions
lol

Not trying to make too many claims myself here, but have you ever worked for, or ever seen the transactions sheets for a real investment broker? No one in their right investment mind would only trade "1" pair, if they have risk management in their minds. Trading on the crosses, etc, are great ways to not only protect yourself incase of a bad move, but also make even more money on good days.

Also, diversification is the key element in nearly every long-term successful investor. That's why there are such amazing things out there, I am sure you have heard of them, called portfolios. People, everywhere, including the largest banks in the world trade multiple stocks, bonds, and currencies; not just one.

27 pages is a lot, but if he is profitable, I would say have 3,000 pages a month if it keeps working for him.

Enjoy yourselves, everyone. If Effi tries to sell me something, I will just quit paying attention, but while he is open and honest about the trades he opens and makes, why bother to care how often he trades.

Adam

P.S. Also, since you mention his age. Not bragging, but at the age of 17 (starting researching when I was 15), I was turning about 3k every quarter in profit in the Commodities market with Corn and Soy. Point in saying that is, age means nothing, if someone knows how to learn about what they are doing.
  • #590
  • Edited 10:41pm Sep 25, 2007 10:27pm | Edited 10:41pm
Quoting asmocon
Not trying to make too many claims myself here, but have you ever worked for, or ever seen the transactions sheets for a real investment broker? No one in their right investment mind would only trade "1" pair, if they have risk management in their minds. Trading on the crosses, etc, are great ways to not only protect yourself incase of a bad move, but also make even more money on good days.

Also, diversification is the key element in nearly every long-term successful investor. That's why there are such amazing things out there, I am sure you have heard of them, called portfolios. People, everywhere, including the largest banks in the world trade multiple stocks, bonds, and currencies; not just one.

27 pages is a lot, but if he is profitable, I would say have 3,000 pages a month if it keeps working for him.

Enjoy yourselves, everyone. If Effi tries to sell me something, I will just quit paying attention, but while he is open and honest about the trades he opens and makes, why bother to care how often he trades.

Adam

P.S. Also, since you mention his age. Not bragging, but at the age of 17 (starting researching when I was 15), I was turning about 3k every quarter in profit in the Commodities market with Corn and Soy. Point in saying that is, age means nothing, if someone knows how to learn about what they are doing.

Thats why he needs start up money
I admit he has helped people but his intentions are false

he is trying to get people to ask about other services and possible start a website for more start up money

I admit it is good to diversify for the goal of 20 percent a month ex
but he does way too many trades
That one currency pair was just an example of a true experinced trader looking
for the right situations. It is best to diversify for everyone else.

for a system of 27 pages you have to be up 24 hours a day
for the lets say possibly 15-20 percent increase

Do you know how burnt out you will be?
Plus no life?
How long will you last?


he puts huge 100-200-300 stop loss on them
of course with the huge stop losses they are bound to rebound


I will show my statement 2 - 3 weeks from today.
And compare profit potential and number of trades
  • #591
  • Sep 25, 2007 11:13pm Sep 25, 2007 11:13pm
Quoting neilzep
They let you trade futures and commodities at 17,what with your parents permission?? give me a break bud! SEC(securites and exchange commision) would not back yr rear end at that under legal age. Let me guess you had 2 million to start off,and ended up with 1 million,so you are still a millionare. Let me guess you are one of the 5% of the futures market population that makes 100% of the futures contracts profits? Email me your name so I can check your background with the NFA(futures association of the USA,for you neophytes). Go take some lithium or prozac...get a reality check.
You do realize that a person doesn't have to be a sole-opener on an account. Please, do some research, and then find out that a parent, can open an account for kids, as long as the parent is the main account holder. I was given a $500 stock account when I was 15 by my father (through TD Waterhouse), which I started to trade BB stocks to work with the small capital I had. Then around 17, the $500 account was worth about 6k.

Did lots of reading, and studying, and learned as much about Tradestation as I could. Recieved a small investment from my father of 4k, to give me a 10k balance. Then started to trade Futures with a nearly zero-delay satellite that was mounted outside our house. Use a personally built system in Tradestation to buy/sell according to set paraments, basically like an EA. A few years ago, got bored and slowing returns on the Futures markets (they were slowing for me, probably out of bordem).

So, I then moved to forex in an attempt to try to tame this beast of a market. If you want my name, it has been posted multiple places. It is Adam Abrahamson. And 3k profit a quarter isn't "massive million dollar" which you seem to think I implied. Basically, 1k a month, isn't too far out there my friend.

So, I think I shal stay away from the lithium/prozac at the moment and continue to just drink my tea instead. Plus, since it will hopefully be published in the next week or so, I will be happy to link you my Forex return for this month, since I am currently in 1st place for the InterBankFX monthly competition, September, with a 269% monthly return. Name on the account is AsmoAutomation (so, hopefully it won't be too much to 'prove' that asmoautomation is the same person as me).

Enjoy yourself.

Adam
  • #592
  • Sep 25, 2007 11:54pm Sep 25, 2007 11:54pm
hi adam,

if possible
please post a pdf file.


thanks
  • #593
  • Sep 26, 2007 12:08am Sep 26, 2007 12:08am
Quoting jolimoney
So.... you think your somekind of a smartass. *SUPER-LOL*

First of all, i NEVER ask any questions before a read thru the whole thread. And guess what... i have read thru this one also...
But as i can remeber Mr. Effilang has not mentioned anywere if the Sto is in simple, Exp, Smoothed or Weighted.

If you can point to the exakt post were this is mention i will bend down for you and allways reffer to Diallist as my god.... but i doubt that ever will happen.

/ JoLi
Damn! I screwed up. I completely missed the word "stochastic" in your post. I thought you meant the moving averages, which were defined in post one.

And yes, I was rude to you, and I'm sorry for that. I have no excuse.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #594
  • Edited 12:53am Sep 26, 2007 12:09am | Edited 12:53am
Quoting asmocon
You do realize that a person doesn't have to be a sole-opener on an account. Please, do some research, and then find out that a parent, can open an account for kids, as long as the parent is the main account holder. I was given a $500 stock account when I was 15 by my father (through TD Waterhouse), which I started to trade BB stocks to work with the small capital I had. Then around 17, the $500 account was worth about 6k.

Did lots of reading, and studying, and learned as much about Tradestation as I could. Recieved a small investment from my father of 4k, to give me a 10k balance. Then started to trade Futures with a nearly zero-delay satellite that was mounted outside our house. Use a personally built system in Tradestation to buy/sell according to set paraments, basically like an EA. A few years ago, got bored and slowing returns on the Futures markets (they were slowing for me, probably out of bordem).

So, I then moved to forex in an attempt to try to tame this beast of a market. If you want my name, it has been posted multiple places. It is Adam Abrahamson. And 3k profit a quarter isn't "massive million dollar" which you seem to think I implied. Basically, 1k a month, isn't too far out there my friend.

So, I think I shal stay away from the lithium/prozac at the moment and continue to just drink my tea instead. Plus, since it will hopefully be published in the next week or so, I will be happy to link you my Forex return for this month, since I am currently in 1st place for the InterBankFX monthly competition, September, with a 269% monthly return. Name on the account is AsmoAutomation (so, hopefully it won't be too much to 'prove' that asmoautomation is the same person as me).

Enjoy yourself.

Adam
Will do Adam,I was a little harsh,I apologise..no harm,I hope. Get sick of ppl claiming stuff in these rooms,returns, backgrounds etc.
  • #595
  • Sep 26, 2007 12:10am Sep 26, 2007 12:10am
Quoting Pipmickin
hi adam,

if possible
please post a pdf file.


thanks

I replied to Pipmickin in a private message. Since I have already grown tired of typing on this forum. I am usually a quiet observer, so if you feel like you wanna say something to me directly, please just send me a private message, because I would rather have this forum about trading, and Effi's theories, instead of something along the lines of a pissing contest.

Again, enjoy everyone.

Adam
  • #596
  • Sep 26, 2007 12:19am Sep 26, 2007 12:19am
Quoting asmocon
I replied to Pipmickin in a private message. Since I have already grown tired of typing on this forum. I am usually a quiet observer, so if you feel like you wanna say something to me directly, please just send me a private message, because I would rather have this forum about trading, and Effi's theories, instead of something along the lines of a pissing contest.

Again, enjoy everyone.

Adam

Thanks for your response. I sent you an email. Was not able to send a PM
  • #597
  • Sep 26, 2007 12:25am Sep 26, 2007 12:25am
It's time like these that I wish I had not stepped down as a moderator. The past few posts are from folks who seem to lack the brain cells necessary to understand rule #1 of this forum. Unfortunately, I gave up the ability to delete rude posts, but I've sure as hell reported this to the moderators.

I was rude to another poster in this thread, but I was wrong and apologized. I haven't seen anything of the like from the rest of you moneytec-er's.

As to Effi's character, I have had lengthy discussions with him both textually and by voice. I have found him to be open, friendly and very intelligent. He's demonstrated to me a level of trading knowledge and wisdom that cannot be faked. Sure he's "only" 20, but man, I wish I had been half as sharp as him when I was that age. He's been trading 4+ years folks, and he knows what he's about. Now if it turns out that he's only here to harvest customers and leaves after a time, then I will have egg on my face. But I don't think that is going to happen.

I'll be having the moderators delete the crap (including my rude post) from this thread, so it can continue as before.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #598
  • Sep 26, 2007 1:17am Sep 26, 2007 1:17am
Please keep this thread on topic and stay within the forum guidelines....please read the rules in FAQ especially rule 1.
Thank you

in fact here it is....

RESPECT THY FELLOW TRADER

As a Forex Factory member, you are expected to treat others with respect and kindness. Mean-spiritedness, fighting, racism, offensive comments, and slander are all subject to removal. Healthy debate is welcome.
  • #599
  • Edited 1:36am Sep 26, 2007 1:18am | Edited 1:36am
Quoting diallist
It's time like these that I wish I had not stepped down as a moderator. The past few posts are from folks who seem to lack the brain cells necessary to understand rule #1 of this forum. Unfortunately, I gave up the ability to delete rude posts, but I've sure as hell reported this to the moderators.

I was rude to another poster in this thread, but I was wrong and apologized. I haven't seen anything of the like from the rest of you moneytec-er's.

As to Effi's character, I have had lengthy discussions with him both textually and by voice. I have found him to be open, friendly and very intelligent. He's demonstrated to me a level of trading knowledge and wisdom that cannot be faked. Sure he's "only" 20, but man, I wish I had been half as sharp as him when I was that age. He's been trading 4+ years folks, and he knows what he's about. Now if it turns out that he's only here to harvest customers and leaves after a time, then I will have egg on my face. But I don't think that is going to happen.

I'll be having the moderators delete the crap (including my rude post) from this thread, so it can continue as before.

Dial

Hi, I agree , Effi is a good trader,
But the problem is
He posts a system with results , thats fine , then add more trades without explaining it and says
i teach that to my students, contact me.


This is clearly promotion.

here is one of many examples not related to system
This trade is from 9/20

its old people, dont trade it

Bonus Signal H4/h1

GBP/JPY BUY - 230.42
Issued: 20.09 | 10:09 PM (GMT)


Entry: 230.42
SL: 229.25


ITS OLD PEOPLE DONT TRADE IT

Its old people dont trade it


I am a full time trader so i analyze peoples trades including their system out of bordom.
Here is one example of a bonus signal not related to system and if read following posts says to contact him


It is clearly a double bottom with a downward trend circle 2
Entry point is exactly conforming to entry point of double bottom circle 1
Plus add s+r and p channels, too lazy to add on
Attached Image (click to enlarge)
Click to Enlarge Name: ex.jpg Size: 114 KB
  • #600
  • Sep 26, 2007 3:19am Sep 26, 2007 3:19am
Quoting Pipmickin
i looked around. i agree with you. He has been on another website also.

here is one of his qotes

Man....

Thanx a lot LLH and PipBull. I appreciate the time you took to write that.

It just seemed like i could learn so much from them, or maybe it was just another psycological couchon i was relying on as an excuse not to take things fully into my own hands... i don't know. It's a pip - pip world out here, it's not easy.

I work two jobs and trade the fx at the same time plus study... I admit i do get a little confused myself sometimes.

I guess i should just be a little more patient and perhaps, put more trust in my methods, they seem to work once in a while

I guess its back to work then

Thanx, guys.

Regards,
E. Lang

PS: I drank that beer and did go to bed!



I think he has 2 non trading jobs to build up start up money.
He is trading at .10 a pip because trying to build a following so he can charge them for his teachings on the side for additional start up money.

His intentions are false saying he teaches for free because he enjoys it.
He makes fancy charts probably with powerpoint to look more professional and have people inquire about his charging services.


from another website
Date of Birth: November 8, 1986 Age: 20 Location: Varna, Bulgaria Interests: Competitive Martial Arts, Forex, Video Games, Psychology, Japanese and Chinese Martial History Occupation: Various


He is only 20 years old and claims to be a teacher

I asked around
I did not get good responces


He trades to much.
ANYONE THAT LOOKS AT COMPETIONS FOR TRADING
SEES that all you need is one currency pair


CMON

if you look at his last statement
27 pages

its a joke


27 pages of transactions
lol

And that is the problem with most people posting their own system on FF. They are amateurs teaching amateurs to trade like amateurs. Trading is much more than adding two Moving Averages and a RSI on your charts and then claim to be a mentor. People work hard for their money and they put their trust in systems that will ONLY work in trending markets. How can he teach his students to have stop losses of 100-200 pips? That is just plain crazy.

Compare what he does to anyone of the professional traders/mentors.teachers on FxStreet. Their approach is totally different. Maybe that is why they are all wallstreet traders, fund managers, asset managers, chief analysts and CEO's of their companies. All people who have written forex top selling books and a track record that can be comfirmed by any decent trader.
0 traders viewing now