A Basic Trading System (BTS)

Wow! I'm sure effi entered long on that GJ. I missed that. I was out... LOL...

by 1:1 / 1:2 rule, TP1 supposedly bagged already. TP2 SL shud be moved to BE.

Wow! Missed that...

I hope there are some who took advantage of GJ and EJ...

5 Minutes guys.... let it do its thing.

H4 TF

1:1 = ~100 PIPS

Regards,
E. Lang

http://img137.imageshack.us/img137/3264/gyiz2.jpg

Oh... you based on the H4... cool! Wow, nice signal there too...

I suppose you entered on GU-L too. nice entry there too... missed that one too... LOL

Hi, everyone
Nobody says nothing?
I hope everyone of you are riding the wawe now....
4 LONG

GY & EJ

The last signal was posted 18 minutes ago; we are saying, but you're not reading...

Look at posts: #161, #170, #171 - We've been posting continuously for over 6 hours. You can't know what's happening in detail by just looking at the last reply.

There is no point in posting, just to post.

Sorry Effi if I manage to make you angry yesterday, you was right about gu wk and I was really tired (that's my fault doing forex instead of sleeping).
But today I have readed all the posts and I was spotted both of the trades since morning, only that I don't want to interven here until now.
Thank's for your great teaching!
Hope I will not make any dumb questions anymore, but you must understand I' m trying to learn your system better.....

Move to B/E on Trade #14

The trade doesn't have any business moving down as it is.

Keep trades #11 and #15 open.

Regards,
E. Lang

hi. i don´t understand this. you said go long when you are in a bullish trend. In that chart price is below the green ema, and the two ema are pointing down., , doesn´t it mean that starts a bearish trend then? or, in what position of the green and red ema you consider that the trend is going to change?

thanks

Today there was a lot of similar trades that we could take, all on H1 TF, like EU, NU, AU, GU that you mentioned, plus the ones that are currently running.....
Nice day, really...

Iberforex; I feel like i'm posting for no reason at all with your questions.

Please read the thread again.

PS: You don't have to requote the whole post, just refer to the trade number.
Thats why the trades have numbers, so the thread can be tidy. Or create a link to the thread.

Please to everyone. I will no longer answer these type of questions.

Read the thread.

It is frustrating.

Regards,
E. Lang

Will "try" to help in this Effi

Pic attached


Matty

Thanx Matt...

Every single question he asked is literally answered in the first post of this thread...

We're currently in an uptrend we have HHs and HLs.

Bearishly; If trade #15 is stopped out then we will have a LL, which means the sentiment will change to the downside.

PLEASE - Read the thread; at least the first post for pete's sake.

Iberforex,
It was a tricky decision, it was a signal of trend reversal on H1, but most important, as it is written on the post, the price has reached the bottom of the channel (strong support). The direction could be bearish too, if the price manage to break the channel down, but it didn't. That\s why Effi look's over the H4 TF, for a strong buy signal.
Sorry Effi, I have assuming this answer is correct enough.
I'm a novice too and still learning

Is this a valid setup to go long on 4Hr GBPUSD

Hi, I don't think so cause the leg of the candle didn't pierce the 5 EMA

Ogidi,

We have a change of polarity; our last trade was stopped out.

Look for short signals.

We're in a range so be careful.

Regards,
E. Lang

If the trendline doesn't hold this correction off on H1 GBP/JPY and continues down, then we are officially in a downtrend with a confirmed LL.

Best Regards,
E. Lang

Thanks Effi,

Still trying to learn and play by the rules.

CLOSED
--------

GBP/USD (Trade #1):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

GBP/JPY (Trade #2):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

AUD/JPY (Trade #3):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

GBP/USD (Trade #4):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

USD/CHF (Trade #5):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

GBP/JPY (Trade #6):
Multiple Lots: +1.0%, +1.0%
Singular Lots: +2.0%

USD/CHF (Trade #7):
Multiple Lots: -0.5%, -0.5%
Singular Lots: -1.0%

EUR/USD (Trade #8):
Multiple Lots: +1.0%, +0.0%
Singular Lots: +2.0%

USD/CHF (Trade #9):
Multiple Lots: -1.0%, -1.0%
Singular Lots: -2.0%

GBP/USD (Trade #10):
Multiple Lots: -1.0%, -1.0%
Singular Lots: -2.0%

GBP/USD (Trade #11):
Multiple Lots: +5.0%, +5.0%
Singular Lots: +10.0%

GBP/USD (Trade #12):
Multiple Lots: -1.0%, -1.0%
Singular Lots: -2.0%

GBP/JPY (Trade #13):
Multiple Lots: -1.0%, -1.0%
Singular Lots: -2.0%

GBP/USD (Trade #14):
Multiple Lots: +0.50%,+0.0%
Singular Lots: +0.5%

GBP/JPY (Trade #15):
Multiple Lots: -0.50%, -0.50%
Singular Lots: -1.0%

GAIN / STATS
---------------
Multiple Lots: +8.5%
Singular Lots: +14.5%

Risk: 2% / Trade
Win / Loss Ratio: 9:6
Days Traded: 6
Average Gain: 2.4% / Day
Average Trades: 2.5 Trades / Day

Oh well.

Today sucked.

If you have any questions in regards to todays trades. Ask away.

I'm gonna go blow some steam off on COD4 - If you're an FPS fan, my Steam is Night Hawk

Regards,
E. Lang