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The art of Trading MAs

  • #421
  • Jul 8, 2008 1:35am Jul 8, 2008 1:35am
Quoting CindyXXXX
Thanks Atuque please post the results if you can

cheers
The Trades Updates: EJ still going down (+60 pips and keep going) & GU as well (+20 pips and keep going).

Another trade I have taken & forgot to post.... My GJ already hit TP (+50 pips)

p/s: BIG THUMBS-UP FOR ENDROUTE FOR THE SYSTEM....
Attached Image (click to enlarge)
Click to Enlarge Name: GJ 1 Hr (08July08).PNG Size: 55 KB
  • #422
  • Edited 3:36am Jul 8, 2008 3:07am | Edited 3:36am
Quoting balouf
Scratch!
What is for an indicator below the chart?

Can you build a dashboard indicator like this one for the MA?
...
Hey balouf, this has nothing to do with this thread, please stop such postings. Please write PMs or cantoact me via IM in future if you need personal help.

Quoting atuque1
The Trades Updates: EJ still going down (+60 pips and keep going) & GU as well (+20 pips and keep going).

Another trade I have taken & forgot to post.... My GJ already hit TP (+50 pips)

p/s: BIG THUMBS-UP FOR ENDROUTE FOR THE SYSTEM....
Thank you atuque1.
I'm constantly watching at EUR/USD 1H and did not get a valid signal yet.
  • #423
  • Jul 8, 2008 4:48am Jul 8, 2008 4:48am
Quoting atuque1
The Trades Updates: EJ still going down (+60 pips and keep going) & GU as well (+20 pips and keep going).

Another trade I have taken & forgot to post.... My GJ already hit TP (+50 pips)

p/s: BIG THUMBS-UP FOR ENDROUTE FOR THE SYSTEM....
I am glad you got some good pips with this trade. However I didn't see a valid signal according to Endroute's system from your chart. I see the cross of the EMA's 4 candles prior to your sell entry, but there was no close of any candle either before or after the EMA cross above the upper green line as required by Endroute's system.
  • #424
  • Jul 8, 2008 5:37am Jul 8, 2008 5:37am
Quoting fxtrader2k7
I am glad you got some good pips with this trade. However I didn't see a valid signal according to Endroute's system from your chart. I see the cross of the EMA's 4 candles prior to your sell entry, but there was no close of any candle either before or after the EMA cross above the upper green line as required by Endroute's system.
The EUR/JPY trade seems good for me ... personally I think its not necessary that ema cross is right on the closing candle.

GBP/USD, hmm I would not trade this one but it seemed to be successful. I think the closing bar was to far away from the cross.

GBP/JPY, with real money I wouldn't take this one. But in fact this was an successful trade too. The close is near but didn't cross the COG line to validate.
  • #425
  • Jul 8, 2008 5:52am Jul 8, 2008 5:52am
Quoting atuque1
The Trades Updates: EJ still going down (+60 pips and keep going) & GU as well (+20 pips and keep going).

Another trade I have taken & forgot to post.... My GJ already hit TP (+50 pips)

p/s: BIG THUMBS-UP FOR ENDROUTE FOR THE SYSTEM....
Both EJ & GU closed with profit today.... only that EJ hit TS (trailing stop) with bigger pips (+69pips), but the GU only got +3 pips after it bounced back up... (luckily I set the TS at 25pips)...
Better get small pips than get some losses...
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 1 Hr TP (08July08).PNG Size: 49 KB
  • #426
  • Jul 8, 2008 6:23am Jul 8, 2008 6:23am
Quoting fxtrader2k7
I am glad you got some good pips with this trade. However I didn't see a valid signal according to Endroute's system from your chart. I see the cross of the EMA's 4 candles prior to your sell entry, but there was no close of any candle either before or after the EMA cross above the upper green line as required by Endroute's system.
Actually, a valid signal was there when I took the trade on EJ. The closed 'sell' candle was above green line, Then I waited for the EMA crossed (the 2nd signal & the important one)... Then I set TS at 25 pips, because I need to send my car for repair.. huhuhu...
When back at my monitor, happy to see the green....
  • #427
  • Jul 8, 2008 8:46am Jul 8, 2008 8:46am
Hello,
Today i took 2 trades on eur/usd 5 min tf. used 20 pip stop ant 30 pip tp.The first one went perfectly ant with the second one i had little worry but both of them were succesfull. This was my first trades and i am +60 minus spread.Will see next daay.
Thank you for the great system and wish you many pips!
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 26 KB
"Even a million miles journey starts with one single step"
  • #428
  • Jul 8, 2008 9:18am Jul 8, 2008 9:18am
Quoting janqie
Hello,
Today i took 2 trades on eur/usd 5 min tf. used 20 pip stop ant 30 pip tp.The first one went perfectly ant with the second one i had little worry but both of them were succesfull. This was my first trades and i am +60 minus spread.Will see next daay.
Thank you for the great system and wish you many pips!
Congrats Jangie....
It's not easy to scalp, I've tried before.... not working for me...

Good Luck Jangie..
  • #429
  • Jul 8, 2008 11:11am Jul 8, 2008 11:11am
I saw Signal for Sell on EJ 1Hr TF.

Thought to enter when EMA cross, but too sleepy (12midnight here) ,.... So, Enter Short / Sell with 70pips TP & 25pips TS (SL set to 50pips)...

Don't follow me, since the EMA not crossed yet, a bit risky....

Trade At Your Own Risk.....
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 1 Hr (09July08).PNG Size: 50 KB
  • #430
  • Jul 8, 2008 11:24am Jul 8, 2008 11:24am
No offence atuque but if your taking trades that aren't to the rules of Endroutes method then what are you doing posting them in his thread.

Thanks for sharing but if your going to take alternative trades then maybe you could start a new thread for that.

Hope this doesn't sound harsh just calling it how I see it

Good trading
Time hides Nothing
  • #431
  • Jul 9, 2008 1:29am Jul 9, 2008 1:29am
Quoting CindyXXXX
No offence atuque but if your taking trades that aren't to the rules of Endroutes method then what are you doing posting them in his thread.

Thanks for sharing but if your going to take alternative trades then maybe you could start a new thread for that.

Hope this doesn't sound harsh just calling it how I see it

Good trading
Sorry Cindy, actually only this time I didn't wait for real setup... Regret my move there.... I should just went to sleep last night without trade. Till now, the pips still -ve pips.....
Thanks Cindy, I will remember this moment.... Must Wait For The EMA Crosses....
  • #432
  • Jul 9, 2008 2:06am Jul 9, 2008 2:06am
hello friends,
it seems usd/cad the trade will be soon am i right?
"Even a million miles journey starts with one single step"
  • #433
  • Jul 9, 2008 8:19am Jul 9, 2008 8:19am
Hi guys, I've been following this thread I personally I feel that this is a wonderful strategy. Easy to follow and good on filtering out bad trades.

Anywayz, anyone keeping an eye on USD/CHF on the daily chart?
Seems to me that we potentially have a good criteria to enter a long trade when the 2MA crosses which would probably be quite soon.

What do you guys think?

Max
  • #434
  • Jul 9, 2008 8:32am Jul 9, 2008 8:32am
Hey Max

The MA's have already crossed up on my chart at yesterdays close... Looks like a good one. (First Chart)

I don't have the capital or patience to trade the daily charts myself.

USD -JPY on the 1 hour chart looks like its about to cross (Second Chart)

and GBP-JPY could be setting up too
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uc.gif Size: 18 KB
Click to Enlarge Name: uj.gif Size: 21 KB
Time hides Nothing
  • #435
  • Jul 9, 2008 8:34am Jul 9, 2008 8:34am
Quoting janqie
hello friends,
it seems usd/cad the trade will be soon am i right?
Yep just gotta wait for the MA's to cross up won't necesarily be soon!
Time hides Nothing
  • #436
  • Jul 9, 2008 8:36am Jul 9, 2008 8:36am
Quoting atuque1
Sorry Cindy, actually only this time I didn't wait for real setup... Regret my move there.... I should just went to sleep last night without trade. Till now, the pips still -ve pips.....
Thanks Cindy, I will remember this moment.... Must Wait For The EMA Crosses....
No worries atuque keep posting
Time hides Nothing
  • #437
  • Jul 9, 2008 5:33pm Jul 9, 2008 5:33pm
An EMA cross outside the gold line... (on the Loonie, on July 4: see red arrow).
It only would have been good for about 30 pips, but if I saw/see such a set up I'd feel safe adding more value to my pips than usual.
agree? This thread could use more chart postings imho...
http://picnac.com/images/8817cog_ema...old%20line.gif
"Discipline is the key ingredient to Personal Freedom"
  • #438
  • Jul 9, 2008 6:29pm Jul 9, 2008 6:29pm
Quoting piperomia
An EMA cross outside the gold line... (on the Loonie, on July 4: see red arrow).
It only would have been good for about 30 pips, but if I saw/see such a set up I'd feel safe adding more value to my pips than usual.
agree? This thread could use more chart postings imho...

Negative. Since the COG is constantly redrawing itself, the only time a screenshot is worth posting on this forum, is when you enter the trade, because hours or days later, the COG lines will be significantly different. This is not to discredit this trading system by any means, but showing where you entered a trade earlier in the day means nothing, because the COG redraws, the graph needs to show current information.
  • #439
  • Jul 9, 2008 6:39pm Jul 9, 2008 6:39pm
hi logiktrader,

ah yes, judging on the history of this thread I definitely should have been more clear on what I was using, lol. The indicator I am using is the non-repainting version that was recently created and posted in the past page or two of this thread.
"Discipline is the key ingredient to Personal Freedom"
  • #440
  • Jul 9, 2008 9:54pm Jul 9, 2008 9:54pm
Quoting piperomia
if I saw/see such a set up I'd feel safe adding more value to my pips than usual.
agree? This thread could use more chart postings imho...

http://picnac.com/images/8817cog_ema...old%20line.gif
Hi piperomia

I'd have to disagree with you there about adding more to the trade.. Technically the trade would of been BE at best if you were strictly following the rules of this system because the price never hit the bottom green line (one exit) and when the EMA's crossed back up (other exit) the trade would have been in negative pips.

But like you said there were 30 pips in it so I think a wise trader would of locked in profits or moved the stop to BE at some point.

It's easy to say in hindsight "oh yea there were 30 pips in that trade" but if you were in it live how would you know 30 pips is all it would go?

Thats why having defined targets or exits is prob the most important thing to have in any system IMO. It's easy enough to get into a good trade but much much harder to know when to get out.

Thanks for sharing keep them coming!

Agree with you we need more trades posted. The good the bad and the Ugly!!!

Cheers
Time hides Nothing
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