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EMA 25-50 Trading System (Detailed)

  • #1,081
  • Oct 31, 2007 2:19pm Oct 31, 2007 2:19pm
Phew... anyone have any idea what caused that big drop ?

I'm glad i was out before that.

Will post reentries.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,082
  • Oct 31, 2007 2:21pm Oct 31, 2007 2:21pm
Quoting effilang
Phew... anyone have any idea what caused that big drop ?

I'm glad i was out before that.

Will post reentries.

Regards,
E. Lang

usd interest announcment???? i guess...
  • #1,083
  • Oct 31, 2007 2:26pm Oct 31, 2007 2:26pm
I see.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,084
  • Oct 31, 2007 2:38pm Oct 31, 2007 2:38pm
Well im not gonna push it anymore today unless i get an easy reentry.

We've erased yesterdays loss of -70 with todays trade, so i'm happy.

Considering that most people sold out, before and on the news anouncement, i'm hoping we won't be having any major profit taking correction for a while.

We'll see what the price gives us.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,085
  • Oct 31, 2007 9:29pm Oct 31, 2007 9:29pm

GBP/JPY SHORT

ENTRY: 239.30
SL: 240.29

---------------------
PENDING
---------------------

"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,086
  • Oct 31, 2007 9:36pm Oct 31, 2007 9:36pm
Quoting effilang

GBP/JPY SHORT



ENTRY: 239.30
SL: 240.29


---------------------
PENDING

---------------------

Hi effilang

Why u short GBP/JPY
there is no signals on the chart

cold u please pot the chart and learn me y u sell from this point?


thx for ur sharing
  • #1,087
  • Oct 31, 2007 9:37pm Oct 31, 2007 9:37pm
It's not a 2550 Signal.

GBP/JPY SHORT

ENTRY: 239.30
SL: 240.29

---------------------
PENDING
---------------------

"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,088
  • Oct 31, 2007 10:14pm Oct 31, 2007 10:14pm
If the current M30 candle trades over 239.63 (confirming the bullish HARAMI) we will have to terminate the setup and consider the trade to have failed to meet entry criteria.
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,089
  • Edited 5:06am Nov 1, 2007 1:38am | Edited 5:06am
a couple of pages back, there was some talk about ebooks on trading. { Link Removed } is a site where u can find quite a few of them for free. ive had trouble downloading a few of them.

im new to this forum and i hope im not violating any forum rules
  • #1,090
  • Nov 1, 2007 3:58am Nov 1, 2007 3:58am
Despite the losses this month, which i believe were 3 in number and all less than 200 Pips put together, we're up 865+ just on the GJ.

We had only one GBP/USD trade at one point, which i couldn't resist on taking.

We've still got 19 days to close the month, so i think we're doing pretty well.

I just wanted to put it into perspective, since all the trades are spread around the thread and all we've seen 2 losses in the past 2 days, of course with wins in between to compensate for them.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,091
  • Nov 1, 2007 4:39am Nov 1, 2007 4:39am

GBP/JPY LONG

ENTRY: 240.96
SL: 239.90

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

This is the long reentry guys.

"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,092
  • Nov 1, 2007 5:54am Nov 1, 2007 5:54am
Awsome results buddy,

keep up the good work, it is much appreciated

PC

Quoting effilang
Despite the losses this month, which i believe were 3 in number and all less than 200 Pips put together, we're up 865+ just on the GJ.

We had only one GBP/USD trade at one point, which i couldn't resist on taking.

We've still got 19 days to close the month, so i think we're doing pretty well.

I just wanted to put it into perspective, since all the trades are spread around the thread and all we've seen 2 losses in the past 2 days, of course with wins in between to compensate for them.

Regards,
E. Lang
Less is more...
  • #1,093
  • Nov 1, 2007 7:50am Nov 1, 2007 7:50am
Quoting effilang

GBP/JPY LONG



ENTRY: 240.96
SL: 239.90


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


This is the long reentry guys.

Hi Effilang,
I have been using the EMA2550 with EUR/USD (1Hr & 4Hr chart) for some days now and it has been good. Please can you forecast an Entry level for the EURUSD because it's like a correction is happening now and probably continue the downtrend till about 6:30pm GMT (speculation). Do you think it will reach the 1.4500 high it reached yesterday?

Regards.
Elves
Regards.Lord Elves
  • #1,094
  • Nov 1, 2007 9:22am Nov 1, 2007 9:22am
Hi sqrt121,
Could you please send the removed link you posted to my email?

Thanks
Regards.Lord Elves
  • #1,095
  • Nov 1, 2007 9:31am Nov 1, 2007 9:31am
ya its www.forexpm.com is where you'll get some awesome forex resources such as free strategies woah!
regards,
BK
  • #1,096
  • Nov 1, 2007 9:31am Nov 1, 2007 9:31am
just went short on 4hr NZD/JPY @ 87.56, and on NZD/USD @ .7623 using 2550 EMA.......

question: are these pairs recommended for use on the 2550 EMA model?

Thanks
trading naked.......
  • #1,097
  • Nov 1, 2007 9:38am Nov 1, 2007 9:38am
EUR/USD recovered 70pips after this morning's retracement. Still climbing...
EUR should reach its peak for today at about 8pm GMT.
Regards.Lord Elves
  • #1,098
  • Nov 1, 2007 9:43am Nov 1, 2007 9:43am
Effilang,

Do you think you could help me out with these two questions please?

Hello,

I have been using your 2550 system lately and I just had a couple questions I was hoping you could answer. First, could I show profit in taking only 50ema cross entries? I am debating not doing any re-entries based on the 25ema until I can show a profit. Also, if I am just starting should I limit myself to only trading the 4hr?
  • #1,099
  • Nov 1, 2007 9:52am Nov 1, 2007 9:52am
Quoting bksujal
ya its www.forexpm.com is where you'll get some awesome forex resources such as free strategies woah!
regards,
BK
Thanks for the website. Which currency pair is your favorite, if I may ask?
Regards.Lord Elves
  • #1,100
  • Nov 1, 2007 10:51am Nov 1, 2007 10:51am
No doubt Eur/Usd
regards,
BK
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