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Trading System Idea

  • Poll

  • After you ploted the EMA21 and scroled back, to the past, what have you saw?
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  • #1
  • First Post: Feb 18, 2008 10:30am Feb 18, 2008 10:30am
I just had an Idea, about a trading system, Just plot an EMA 21 into a 30M GBP/USD Chart, and tell me what ideas come to your mind, In my mind with my expiriences, I see a profitable trading system, but I would also like to know what is in the other people minds (Not asking any advice, I'm just curious about the others imagination) and please explain what kind of oportunities and disavantages you see on that chart.

Thanks
Logic will get you from A to B. Imagination will take you everywhere.
  • #2
  • Feb 18, 2008 11:44am Feb 18, 2008 11:44am
Hi Masmp,

I see that the MA is almost the same as the centre line of Bollinger Bands.

Regards
  • #3
  • Feb 18, 2008 12:09pm Feb 18, 2008 12:09pm
Quoting Pluto2
Hi Masmp,

I see that the MA is almost the same as the centre line of Bollinger Bands.

Regards
Humm, The centre line of a Bollinger Bands is a Simple Moving Average,
Logic will get you from A to B. Imagination will take you everywhere.
  • #4
  • Feb 18, 2008 1:42pm Feb 18, 2008 1:42pm
Hum..., Lack of imagination? or just to lazy to plot the EMA 21?

Do I know anyone who has lack of imagination, or that is just to lazy?
That has Achieved his Goals?
Logic will get you from A to B. Imagination will take you everywhere.
  • #5
  • Feb 18, 2008 7:07pm Feb 18, 2008 7:07pm
Just a word on this. The 21 ema is a very significant indicator for Phillip Nel's Market Rhythm Strategy. This comes into play not only for the price closing above and below the 21, but when price approaches it, does not cross, and continues in the original direction. The thread has over 10,000 posts...the majority of which might have something to do with the 21.
  • #6
  • Feb 18, 2008 9:54pm Feb 18, 2008 9:54pm
Quoting Palmer
Just a word on this. The 21 ema is a very significant indicator for Phillip Nel's Market Rhythm Strategy. This comes into play not only for the price closing above and below the 21, but when price approaches it, does not cross, and continues in the original direction. The thread has over 10,000 posts...the majority of which might have something to do with the 21.
Thanks for the reply.
Well the 1º time I used an EMA 21, was precisely in one of Philip Nel's System, it was the 5 Min Strategy, after that, I have always used EMA 21 in my systems, but about half year ago, I have found Gann HiLo, and switched the EMA for the Gann Hilo, now I'm in the process of developing something new, and for a lower TF I prefer using the EMA
Logic will get you from A to B. Imagination will take you everywhere.
  • #7
  • Edited 10:21pm Feb 18, 2008 10:07pm | Edited 10:21pm
"Its a poor Idea about a Trading System" - This option is Currently Winning

Well, I will give some clues about what my eyes see,
I see a 1/3 Risk/Reward ratio, and I also see a Wining ratio of at least 50%.

If Maths aren't wrong, this idea belongs to the garbage, because it only doubles the account in a year or less, risking 1% per trade.

Who the hell, is stupid enough to spend time in something that only doubles his account in a year? that's crap, What we want is to double each month, giving an 1200% profit over a Year. hurrraiii

PS. Just Voted For "MASMP, Go search a Doctor, because this is the Worst thing I have seen in My life"
Logic will get you from A to B. Imagination will take you everywhere.
  • #8
  • Feb 19, 2008 3:09pm Feb 19, 2008 3:09pm
humm.......
Logic will get you from A to B. Imagination will take you everywhere.
  • #9
  • Feb 19, 2008 3:20pm Feb 19, 2008 3:20pm
Finally got a moment to respond to your thread. It could be profitable but I see a number of opportunities to get stopped out. MA's are lagging indicators and sometimes you don't get the signal until too late. Several times in looking back I see a spike above or below the MA and even waiting for a candle close would put you in a losing situation. In particular 5,6,7 of Feb this year.

What sort of exit strategy would you be using with this system?
  • #10
  • Feb 19, 2008 3:33pm Feb 19, 2008 3:33pm
Quoting magnumfreak
Finally got a moment to respond to your thread. It could be profitable but I see a number of opportunities to get stopped out. MA's are lagging indicators and sometimes you don't get the signal until too late. Several times in looking back I see a spike above or below the MA and even waiting for a candle close would put you in a losing situation. In particular 5,6,7 of Feb this year.

What sort of exit strategy would you be using with this system?
Hi, thanks for the reply,



here is what I see in those days you mention.


5 February, in my point of view was a good day for one system properly adapted to EMA21,


6 February is an average day, considering you would exit with a very small profit, but its better a small profit than a small loss

7 February is a EXELENT DAY for very good profit, 180 pips anyone could make that day with EMA21, risking 20 or 30 pips,


In your 3 Example I don't see a day with a Loss at the end of the day, but I see 3 profitable days, with at least 220 pips profit total.


Is it my Imagination?

As far for my entry and exit rules, I'm not going to reveal them at the moment, because I want to see, what are other minds are thinking about what my eyes see.

Thanks
Logic will get you from A to B. Imagination will take you everywhere.
  • #11
  • Feb 19, 2008 3:45pm Feb 19, 2008 3:45pm
So what exactly is the strategy?
When do you enter when do you exit?
Don't get the point of this thread.
  • #12
  • Feb 19, 2008 3:54pm Feb 19, 2008 3:54pm
Lazy people tend not to take chances, but express themselves by tearing down other's work.
Ann Rule.
Logic will get you from A to B. Imagination will take you everywhere.
  • #13
  • Feb 19, 2008 3:58pm Feb 19, 2008 3:58pm
Quoting Tjpld
So what exactly is the strategy?
When do you enter when do you exit?
Don't get the point of this thread.
"As far for my entry and exit rules, I'm not going to reveal them at the moment, because I want to see, what are other minds are thinking about what my eyes see.

Thanks"

I hope I have answered your question
Logic will get you from A to B. Imagination will take you everywhere.
  • #14
  • Feb 19, 2008 4:47pm Feb 19, 2008 4:47pm
OH! I see you are letting it run all day. I was looking at individual trades. SOrry. Not tearing it down, just not seeing what you see.
  • #15
  • Feb 19, 2008 4:51pm Feb 19, 2008 4:51pm
Quoting magnumfreak
OH! I see you are letting it run all day. I was looking at individual trades. SOrry. Not tearing it down, just not seeing what you see.
I was talking about individual trades, 4 trades in Total
Logic will get you from A to B. Imagination will take you everywhere.
  • #16
  • Last Post: Mar 27, 2008 1:35pm Mar 27, 2008 1:35pm
Anybody home?
Logic will get you from A to B. Imagination will take you everywhere.
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