EMA 25-50 Trading System (Detailed)

GBP/USD SHORT


Entry: 2.0494
SL: 2.0565

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PENDING
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TRIGGERED
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Intraday

T1: 25 - Live
T2: 50 - Live

Swing

T1: 100 - Live
T2: 200 - Live

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UPDATE
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GBP/JPY SHORT


Entry: 237.41

SL: 238.36

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TRIGGERED
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Intraday

T1: 25 - HIT
T2: 50 - HIT

Swing

T1: 100 - HIT
T2: 200 - HIT
T3: 300 - HIT
T4: 400 - HIT
T5: 500 - HIT
T6: 600 - Live

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COMMENTS
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Swing TP5 Has been hit, if this is your target exit, otherwise maintain manual trailing SL at 237.00

We are going to continue manual trailing with this trade pertaining to Bearish Scenario 1 stated in the previous post.

GBP/USD short ain't looking too sexy, but i'm going to give it the space it requires to develop. I won't be cutting it short, i'll let the SL do its business.

Thats all from me tonight.

Have a good day everyone.
Take care.

Regards,
E. Lang

Hi Effi,

at what rtime do you post your daily signals?

I am missing them all!!!! @#%^^$!!!

in one of the first posts of this thread you mentioned trading EJ, GJ and NU - is it because it works best with those pairs or because it doesnt with the others??

thanks.

your g/u short was good at 50+ as of writing...

keep up the good work

p.s what system is that based on..?

thanks

Rye

GBP/USD SHORT


Entry: 2.0494
SL: 2.0565

----------------------
TRIGGERED
----------------------

Intraday

T1: 25 - HIT
T2: 50 - HIT

Swing

T1: 100 - Live
T2: 200 - Live
T3: 300 - Live

----------------------
COMMENTS
----------------------

We will be hitting Swing T1 soon.
WE have lows broken Manual Trail your Stop to 2.0501

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http://img87.imageshack.us/img87/223/reviewvy8.jpg


"Bearish corrective price action has terminated at the 61.8% retracement from 251.121 to 219.23 at 239.00. Price retreat has developed steadily breaking through daily support at 235.50, promoting the continuation of the fall started at 251.12 in a bearish impulse.

As long as price action maintains progressive bearish ground below 235.50 further decline is expected to continue to minor support of 232.50 from which two scenarios will possibly branch into existence:

BEARISH
1.Profit taking bearish impulsive correction (minor) starting at the 232.50 (D of corrective ABC) expected to terminate around the 236.70 area before the resumption of another bearish impulsive wave (minor) in perspective to impulsive fall from 240.68/238.00 (major) which should proceed towards Daily Support around the 229.00 area.

BULLISH
2.Bearish impulsive corrective retracement progresses higher than expected and terminates the current fall.

Price action above 235.50 >> 237.42 will conccur to this sentiment.

Corrective retracement from 251.00 resumes breaking 240.63 in (E) of regular ABC corrective pattern confirming a new Bullish trend."
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All we are waiting for now is a break of 232.19 now that profit taking has finished and we will resume our course in accord to Bearish scenario 1.

(EDIT) >> just happened, manual trail your position from 237.00 to 234.45

Wha can i say, feels good to be right lol

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----------------------
UPDATE
----------------------

GBP/JPY SHORT


Entry: 237.41

SL: 238.36

----------------------
TRIGGERED
----------------------

Intraday

T1: 25 - HIT
T2: 50 - HIT

Swing

T1: 100 - HIT
T2: 150 - HIT
T3: 200 - HIT

Dang!

T1: 300 - HIT
T2: 400 - HIT
T3: 500 - HIT
T7: 600 - Live


----------------------
COMMENTS
----------------------

WE will be reaching T4 soon, If this is your target, exit, if not Manual trail your position from 237.00 to 234.45

Regards,
E. Lang

GBP/USD SHORT


Entry: 2.0494
SL: 2.0565

----------------------
TRIGGERED
----------------------

Intraday

T1: 25 - HIT
T2: 50 - HIT

Swing

T1: 100 - HIT
T1: 200 - Live
T1: 300 - Live

----------------------
COMMENTS
----------------------

Sting T1 Hit, We also have/had lows broken while i was snoozing so Manual Trail your Stop to 2.0501

is anyone still trading this system? Does it give same results as before/?

No, it is not giving the same results. It has completely changed. There was not a single losing trade since Effi came back. And YES, sure people will follow this thread and the system - as for the reason: See above!

But please feel free to read the reports that are posted regularly. In order to make things comprehensable Mr. Lang had the grace to use green for positiv results on his specified targets.

Best Wishes!
Gnat

COOL!!!

Possible signal on the swiss. Watch out for profit taking since judging from the spike its fundamentally moving.

Vista looks so sexy mmmm

hey effi,

i missed this trade on the gbp/jpy, especially last night. i was looking at the eur/jpy, missed that one also!!! that would have been a good trade. anyway, i had asked a couple of questions on tha last page and you have not answered yet, so here goes again. in your example, you stayed in a trade even though the stoch crossed a few times and the 4hr tf stoch went to oversold , then back to overbought, then down again for a nice gain. the rsi stayed above 50 the whole time, is this why you stayed in the trade??? i assume that is the key???? depending on what the original signal is, whether an open/close above or below the 50 ema, is the direction of your trade, the rsi is the key. the stoch can help in making sure you get an extra opportunity for more pips. am i understanding this or am i off base??? if i am, can you correct me??? thanks dude

The only problem is the candle closed right at resistance. I would first look for that to be taken out before considering a position here. This is one of the reasons it has not advanced yet.

GBP/USD Short >> closed out at +198 PIPS

GBP/JPY Short >> closed at +521

hi effi

when you mean targets - does it mean that you close somewhat of your position? or you are waiting for price to get there in order to move your stops?

Considering the current information, i'd like to correct my self from yesterday by saying we've closed the month at over +1760 on GBP/JPY only. (today is the 22nd)