EMA 25-50 Trading System (Detailed)

effilang.

Intersted, because you seem to be on the "button" most of the time.

Regarding your signals! Perhaps, somewhere down the line I may have missed the required info., not sure. Please could you advise on what "timeline" your signals are sent out. Looking at yesterdays signal @ 6.39 pm, I assume this is EST. Is this correct?

Congrats., on your 25/50 system. It is, when understood and applied correctly, 95% correct (my opinion).

Your a Diamond, sparkling in a sea of molten Gold!!!

Thanks.

"Despite how good a trade setup is and how much time you’ve contributed to it’s technical or fundamental analysis, you should never get caught up in the illusion that the market has sympathy for your efforts. The perfect setup does not guarantee the perfect trade, in fact, it does not guarantee even the most modest of trades.

It is important that we understand this because in this business the only thing we have control off, is how fast we can loose our money, everything else is left to forces too powerful for us to reckon with.

You're always wrong until the market proves you otherwise by blessing you with a profitable trade."

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#105

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GBP/USDhttp://www.giftlaw.com/images/up_arrow.gif

Entry: 1.9739

SL: 1.9620
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TRADE RISK: Medium

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Logical Take Profit (LTP)
LTP1: 1.9874
LTP2: 1.9964
LTP3: 2.0100

Effilang - Thanks for your post, could you be so kind to tell me who you were quoting in the above quote?

That would be myself

Thanx.

ROTFL!!! :

you stopped out in gbpusd and gbpjpy, isn´t it?

The EUR/GBP got stopped out too.

Everybody got beat up on the daily time frame this week. I actually avoided a lot of the false signals thank God.

The Market just whoops ass sometimes no matter how good your setup.

I don't post all my trades here just some so i'm only down about 3 percent on my account all together, which is perfectly normal for me.

The NZD/USD still has room to move and with every 90 Pips it brings in another 1% to my account. I'm also long EUR/GBP with my SL at the failed entry around 0.7416 thats also over 1%.

It's important that you have a system that actually works so you can keep on taking signals even when you're having a bad run because you can rely on the probability factor. Every system works that way.

Regards,
E. Lang

how about using momentum to filter the 25-50ema system on the dallies

Efi
I read this thread went over your slides and and used some of your fundementals in an EMA (14) in a 15 min time frame for entries. Using Bollinger Bands and RSI indicator for exits. I have been working the bugs out over the past week live and think Im on to a really simplified short term version of your 25 50 EMA, do you have a thread or seen any thing like this?

Hi, Effilang. I Think A 25-75 Ema (replacing The 50 Ema With 75), Would Provide Even Better Entry Signals. Just A Suggestion

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#106

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USD/CADhttp://www.giftlaw.com/images/down_arrow.gif

Entry: 1.0140

SL: 1.0250
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TRADE RISK: Medium

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Logical Take Profit (LTP)
LTP1: 0.9987
LTP2: 0.9803
LTP3: 0.9755

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#107

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EUR/USDhttp://www.giftlaw.com/images/up_arrow.gif

Entry: 1.4878

SL: 1.4859
-------------------------

TRADE RISK: Medium

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

Logical Take Profit (LTP)
LTP1: 1.4899
LTP2: 1.4913
LTP3: 1.4966

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#108

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EUR/GBPhttp://www.giftlaw.com/images/down_arrow.gif

Entry: 0.7550

SL: 0.7612
-------------------------

TRADE RISK: Medium

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

Logical Take Profit (LTP)
LTP1: 0.7446
LTP2: 0.7363
LTP3: 0.7238

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#109

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GBP/JPYhttp://www.giftlaw.com/images/up_arrow.gif

Entry: 210.43

SL: 209.90
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TRADE RISK: Low

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Logical Take Profit (LTP)

LTP1: 210.92
LTP2: 211.37
LTP3: 211.96

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

#110
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EUR/JPY http://www.giftlaw.com/images/up_arrow.gif

Entry: 155.96

SL: 155.56

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

Logical Take Profit (LTP)

LTP1: 156.60
LTP2: 157.49
LTP3: 157.79

Well that didn't work.

No.. u don't say.

http://img214.imageshack.us/img214/2...wsignalwn2.jpg
#111

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GBP/JPYhttp://www.giftlaw.com/images/down_arrow.gif

Entry: 205.91

SL: 206.91
-------------------------

TRADE RISK: Medium

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

Logical Take Profit (LTP)

1:1 (~100)

EMA's usually work for me quite well.

Shown in statement is not just going by EMA's more so expected movement as well. Not sure how consistently profitable this may be.