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EMA 25-50 Trading System (Detailed)

  • #1,521
  • Jan 5, 2008 3:52pm Jan 5, 2008 3:52pm
just want to say thank you so much for sharing
No spoon…
  • #1,522
  • Jan 5, 2008 7:34pm Jan 5, 2008 7:34pm
Hi Effilang

As a newbie to Forex I would like to thank you very much for posting this information on this thread.

It seems an easy system to use.

Thank you for the DETAILED and INFORMATIVE post, it's very much appreciated.

Regards

Ozzibob
  • #1,523
  • Jan 5, 2008 9:39pm Jan 5, 2008 9:39pm
effi, i for one am highly interested in when your new website might be ready for viewing???
  • #1,524
  • Jan 7, 2008 1:15pm Jan 7, 2008 1:15pm
Quoting effilang
In many situations you are able to predict an exit or turnaround before the price stops you out, if you draw H4 and D1 R/S lines prior to beginning the trading session.

Profit taking can be different for everyone it can be 30 Pips, or 50 or 100, whatever you feel more comfortable with before moving your S/L to B/E or cutting it by half to minimize any losses that my occur.

Scenarios will occur when you will have 2 or 3 consecutive losses at B/E or closed out on spread, just keep on entering the signals and when one of them picks up you will compensate for all the small losses. This tends to happen in periods of volatile and spiky consolidation.

So, i definitely recommend the application of S/R and even Pivot Point, to better gauge exit levels in conjunction with the Ex/Op technique.

Regards,
E. Lang
hI,

Just a quick question, what does B/E mean in the sentance above

Thanks
  • #1,525
  • Jan 7, 2008 1:21pm Jan 7, 2008 1:21pm
Quoting effilang

http://img184.imageshack.us/img184/3623/p5rc0.jpg

hI Effilang,

Great system

You say trade GBP/JPY, EUR/JPY and NZD/USD because of the trends, would you suggest any other pairs as there must be loads that you could work with but with your experience would you suggest anymore or stick to what you suggested above
  • #1,526
  • Jan 7, 2008 2:30pm Jan 7, 2008 2:30pm
  •  2mas
  • | Joined Apr 2007 | Status: Thanks to James 16 family | 89 Posts
B/E = Breakeven.......0 profit , 0 loss
  • #1,527
  • Jan 7, 2008 3:19pm Jan 7, 2008 3:19pm
Quoting 2mas
B/E = Breakeven.......0 profit , 0 loss
Thanks

But to tell you the truth i rather though it would be that answer but just wanted to make sure
  • #1,528
  • Jan 7, 2008 5:21pm Jan 7, 2008 5:21pm
Need more signals !!!!!!

Daily would be great!!!
  • #1,529
  • Jan 7, 2008 5:34pm Jan 7, 2008 5:34pm
Quoting Rcote
Need more signals !!!!!!

Daily would be great!!!
Ok Ok.. hold your horses
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,530
  • Jan 7, 2008 5:35pm Jan 7, 2008 5:35pm
Why the request for trades? If I recall-based on the system--there have been three trades today which--depending on management, were profitable.
  • #1,531
  • Jan 7, 2008 5:39pm Jan 7, 2008 5:39pm

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#103

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

EUR/GBP http://www.giftlaw.com/images/down_arrow.gif


Entry: 0.7422


SL: 0.7492


-------------------------
TRADE RISK: Medium
-----------------------------


Logical Take Profit (LTP)


LTP1: 0.7300
LTP2: 0.7239
LTP3: 0.7129
LTP3: 0.7099



"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,532
  • Jan 7, 2008 5:42pm Jan 7, 2008 5:42pm

http://img214.imageshack.us/img214/2...wsignalwn2.jpg



#104
-------------------------


GBP/JPY http://www.giftlaw.com/images/up_arrow.gif


Entry: 216.16


SL: 213.45


-------------------------
TRADE RISK: Medium
-----------------------------


Logical Take Profit (LTP)


LTP1: 220.83
LTP2: 221.21
LTP3: 223.55
LTP7: 224.54
LTP5: 224.54
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,533
  • Jan 7, 2008 5:50pm Jan 7, 2008 5:50pm
Thanks Effi. Much appreciated.

MDOWD:
I don't know what you're referring to. Prior to this I have not seen any!! Did I miss something?
  • #1,534
  • Jan 7, 2008 6:12pm Jan 7, 2008 6:12pm
I trade from the USA. And I trade 4 hour charts. There was a loser on the EUR/USD Pb. But a couple of winners on CAD and NZD.
  • #1,535
  • Jan 7, 2008 6:20pm Jan 7, 2008 6:20pm
Quoting Rcote
Thanks Effi. Much appreciated.

MDOWD:
I don't know what you're referring to. Prior to this I have not seen any!! Did I miss something?
He was referring to 2550.

I'm sending you guys an e-mail shortly check your inbox.

Regards,
E. Lang
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,536
  • Jan 7, 2008 6:23pm Jan 7, 2008 6:23pm
Quoting effilang

http://img214.imageshack.us/img214/2...wsignalwn2.jpg



#104
-------------------------


GBP/JPY http://www.giftlaw.com/images/up_arrow.gif


Entry: 216.16


SL: 213.45


-------------------------
TRADE RISK: Medium
-----------------------------


Logical Take Profit (LTP)


LTP1: 220.83
LTP2: 221.21
LTP3: 223.55
LTP7: 224.54
LTP5: 224.54



Hi Bro effilang

Are you already in this trade? Or you put pending orders?

Thank's
  • #1,537
  • Jan 7, 2008 6:51pm Jan 7, 2008 6:51pm
They are always pending when i post them (very rarely otherwise) - for example if i set a pending order on my platform and went to the other room to stuff my face in some spaghetti n meatballs then when i got to my room i found out it had triggered - in which cases i note that it is a market order and post the real time price so i dont get attacked by the ever lurking in the darkness forum trolls
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,538
  • Jan 7, 2008 10:05pm Jan 7, 2008 10:05pm

http://img214.imageshack.us/img214/2...wsignalwn2.jpg



#105
-------------------------


NZD/USD http://www.giftlaw.com/images/up_arrow.gif


Entry: 0.7711


SL: 0.7608


-------------------------
TRADE RISK: LOW
-----------------------------


Logical Take Profit (LTP)


LTP1: 0.7788
LTP2: 0.7860
LTP3: 0.7940
LTP7: 0.8052
LTP5: 0.8109

"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #1,539
  • Jan 8, 2008 2:31am Jan 8, 2008 2:31am
OK, I'm in GJ looking good now floating +90
  • #1,540
  • Jan 8, 2008 6:29pm Jan 8, 2008 6:29pm
Just got in GBP/JPY at 114.70 with a stop at 113.45. Is this trade still valid? I missed the signal last night. Thanks Effi again for the signals. I take it this is not based on the 25-50 system correct?
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