eurusd/gbpusd m5 break-out system

we are curretnly looking for long trade opportunities on eurusd. watch your macd_colored for a green bar to close and price is above both the 55 EMA and the 21 EMA

close all positions on gbpjpy for a small total loss...man this pair is volitile....now i look at usdjpy and where i would be if it just traded that pair.....up major percetage with multiple lots.

CT Guy...yes, i will work on a template.

closed out all remaining positions before work for less than a .75% loss for the trading session. the good trade today was the gbpjpy which you could have entered around 2 GMT and the usdjpy at about the same time, with a very clear re-entry at about 5 GMT, when you would have still been in the other trade....darn, i missed that one.

Have a good day and I will work on a template.....

once again i was bamboosled by my day J.O.B.

eurusd gave me a very valid short signal within 1 hour of my leaving for work that would have at least given me 4 entries totalling more than 175 pips or 8%, could have easily pulled 100 pips from gbpusd for 4%, usdjpy would have relinquished well over 200 pips or 10% and gbpjpy, gosh...i don't even want to count that many pips.

basically i think work could have consevatively cost me 20% today and realistically over 30%.

this is phenominal......i will do the template now and post it in the 1st post if i can......see you all tonight

I have saved the template on my MT4 chart but cannot find it anywhere in my files to load it for you all.

Can anyone help with the explantion of how I would do this?

thanks

found it...template is now located in the 1st post....

What do you mean below -- what do gamma 85 and 80 need to be above or below -- a cross of each other or the 45 level?

seems interesting, i will try it demo, thank you for sharing

level .45 and the 55 EMA both together in unison give us our trading direction.

does that answer your question?

it looks like gbpjpy is going to be our first trade for the night. laguerre .80 and ,85 have crosed closed above .45 level. now i am wiating for the macd to turn to close green and i will enter my first trade for the night.

just opened trades on eurusd and gbpusd as well....i will probably not add on any other positions as they are both very close and below the daily pivot, but they were still valid signals.

closed out of my eurusd and gbpusd trades for a loss total between both pairs of -9 pips.

gbpjpjy looks good so far and have also opened up a trade with usdjpy

market slowed and was in kind of a range today so i won a few trades and lost a few trades, but ended up with about 2.5% profit....

have now entered a long eurusd trade, but with pretty tight stops as 55 EAM, 21 EMA and DP are all kind of intertwined......

well...i had a fantastic week....just around 20% profit. I have made a few slight adjustments that should help me get into the trade earlier and thne work into the multiple positions as i go along. The best part is that i kept my profit and did not lose it. this in itself is a huge vicotry.

At this point in time i am debating about continuing this thread here or moving over to the journal section where i can keep a taly of my trades, why i entered them, etc and also be less visible to the general public. I think that this is an important thing to do and it seems that most people here are on to the next biggest and greatest thing only to move on again.

i have also made specific changes to match the 4 pairs i will be trading with this system...usdjpy, gbpusd, eurusd and gbpjpy. I will post those changes when i decide where to continue this thread.

time to spend the rest of the night with the family. peace and we'll see you all soon.

Great Demonl...in all your threads you've made time for your family.

'Coarse if ya kick butt like ya hope with this new set up you'll have even more quality time to share with others.

I'm hoping you go for the journal section where I'm guessing you'll feel more free to share all the new nuances with all your greedy followers!

well, please count me in to share the results