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The art of Trading MAs

  • #681
  • Aug 6, 2008 2:49am Aug 6, 2008 2:49am
Quoting sed34
thanks for the system. looks real promising. Is there an indicator that will alert you to a change in direction of the COG? from bullish to bearish.
No alert for the COG direction change. Only has the cross of EMA, because that is the main setup to see: see the candle close, then see the EMA, then enter. (some other indy can be used as well, but don't want to make it more complicated)...
  • #682
  • Aug 6, 2008 5:37am Aug 6, 2008 5:37am
Any one with an EA yet for this interesting system?
  • #683
  • Edited 7:45am Aug 6, 2008 6:15am | Edited 7:45am
Hello All,

Just now, I saw a setup to go SHORT on GU 1Hr.

Candle closed above top green, EMA crossed Down. Added with Stoch heading down, I go Short with price 1.9527
TS set at 15 pips (will monitor), & TP at 70 pips by now (maybe will change again).

*Trade At Your Own Risk (T.A.Y.O.R.)
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1 Hr (06Aug08).PNG Size: 52 KB
  • #684
  • Aug 6, 2008 7:31am Aug 6, 2008 7:31am
Quoting atuque1
Hello All,

Just now, I saw a setup to go SHORT on GU 1Hr.

Candle closed above top green, EMA crossed Down. Added with Stoch heading down, I go Short with price 1.9527
TS set at 15 pips (will monitor), & TP at 70 pips by now (maybe will change again).

*Trade At Your Own Risk (T.A.Y.O.R.)
Hit my TS with green pips (+10pips).
Setup still valid, entered Sell again at 1.9505, set TP at 1.9470.
  • #685
  • Aug 6, 2008 9:10am Aug 6, 2008 9:10am
Quoting atuque1
Hit my TS with green pips (+10pips).
Setup still valid, entered Sell again at 1.9505, set TP at 1.9470.
My TS Hit again with only +15pips...
Time to sleep now... Total today: +25pips Enough today...

See again tmrw...
  • #686
  • Aug 6, 2008 10:07pm Aug 6, 2008 10:07pm
Quoting Wahnone
Any one with an EA yet for this interesting system?
No but why don't you get your computer to make you one?
Time hides Nothing
  • #687
  • Aug 7, 2008 6:31am Aug 7, 2008 6:31am
Hello All,

Before news on USD just now, saw setup gonna be.... Waited till news, USD not affected...
BTW, saw the Setup: Candle closed above green (before the "drop"), EMA crossed Down & Stoch heading Down. - Signal for Sell.

I enter SHORT at 1.5434....

T.A.Y.O.R.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1 Hr (07Aug08).PNG Size: 51 KB
  • #688
  • Aug 7, 2008 7:33am Aug 7, 2008 7:33am
Quoting atuque1
Hello All,

Before news on USD just now, saw setup gonna be.... Waited till news, USD not affected...
BTW, saw the Setup: Candle closed above green (before the "drop"), EMA crossed Down & Stoch heading Down. - Signal for Sell.

I enter SHORT at 1.5434....

T.A.Y.O.R.
TP Hit with +76pips

So Happy... Good Night.

(BTW, tomorrow Friday... trade with care)
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1 Hr (07Aug08) - Profit, TP Hit.PNG Size: 54 KB
  • #689
  • Aug 7, 2008 12:10pm Aug 7, 2008 12:10pm
You're certainly becoming the master of this method Antuque keep it up.

Looks like we have a new thread owner lol
Time hides Nothing
  • #690
  • Aug 7, 2008 10:43pm Aug 7, 2008 10:43pm
Quoting CindyXXXX
You're certainly becoming the master of this method Antuque keep it up.

Looks like we have a new thread owner lol
Hi Cindy,

I'm not the new thread owner, just want to share with those who want to become serious trader (like me ).... Anyway, I am not a serious trader as well, but I want to trade as my side income (I hope)....

Other methods are also good, but maybe do not really suit me (sometime win, sometime lose). This method really make me feel more confident on my entry, maybe it suits me a lot... So far, from the day I seriously use this method with 24 trades, 23 were profits & only 1 loss (but, because hit my SL sharply before following again my favour...).

Anyway, I am happy because from my real account which left only 315units (on 11July08), now it's already 3335units...

Thanks to Endroute for this magnificent method....
  • #691
  • Aug 7, 2008 11:33pm Aug 7, 2008 11:33pm
Good Stuff

Also I think a lot of people have come and gone from this thread because they would try a few trades and it didn't work out so on to the next big thing!

But you have stuck withh it and made it work for you and I think that's great.

AS they say any method can work but it's the trader that makes it or breaks it. I think by now you must have an "eye" for the good set ups.

Maybe you could enlighten us on trades you wouldn't take... What I mean is trades where evrything lines up perfectly but for some reason you wouldn't take it.

23 out of 24 is a great record and you must be doing something to filter out the bad ones because I know there has been a few.

Anyway any input would be great.

I also noticed you have another MA on your charts is this to determine the trend?

Cheers
Time hides Nothing
  • #692
  • Aug 8, 2008 12:49am Aug 8, 2008 12:49am
Quoting CindyXXXX
Good Stuff

Also I think a lot of people have come and gone from this thread because they would try a few trades and it didn't work out so on to the next big thing!

But you have stuck withh it and made it work for you and I think that's great.

AS they say any method can work but it's the trader that makes it or breaks it. I think by now you must have an "eye" for the good set ups.

Maybe you could enlighten us on trades you wouldn't take... What I mean is trades where evrything lines up perfectly but for some reason you wouldn't take it.

23 out of 24 is a great record and you must be doing something to filter out the bad ones because I know there has been a few.

Anyway any input would be great.

I also noticed you have another MA on your charts is this to determine the trend?

Cheers
Yes, I forgot to mention about the other EMA (50 EMA - purple in color) - to determine the trend (if going down, just think about sell), and the Stoch (10,3,3 for 1 Hr TF; & 14,3,3 for 4 Hr) - to see if it's good time to enter buy or sell by looking at the overbuying or overselling. But that is just my way to filter it... Other people might use other indi to filter the entry point.

But the main setup will be the CoG (JB COG) & the EMA13 & EMA5.... that's THE MAIN ONE....
  • #693
  • Aug 8, 2008 7:33am Aug 8, 2008 7:33am
Tonight is Friday, I just tried scalping on EU & GU (because I see the price keep going down but not yet pass thru the bottom green line)...

And I managed to gain small profits by using TP on EU (+20pips, enter Short 1.5121 & TP Hit at 1.5101) & by using TS on GU (+17 pips, enter Short 1.9231 & TS Hit at 1.9174)....
then I don't dare to enter anymore, because end of Friday is not good me to trade....

See you next week.... Happy pipping....
  • #694
  • Aug 8, 2008 11:54am Aug 8, 2008 11:54am
Hello all,

I'm new to this thread and system, but have been trading currencies for the better part of the past 6 years. I'm also new to the MT4 platform and am basically reviewing it to see if I can get by on it so that I don't have to waste $$$ on my ESignal subscription. I've read every single post since page 1 in this thread and am glad to see how this system has evolved into a backtestable system (thanks to a key development from Scratch).

I have a request for Scratch (or any other MT4 programmer). Is it possible to make an addition to the JB COG indicator that would email the user once a bar closes above/below the green support/resistance line? I am a part time trader and a full time student. It would be nice to get an email notification once price is in the target area and then I can make my way to a computer and wait for an EMA crossover.

Thanks for listening. I will intently keep reading the posts in this thread (despite any apparent lack of participation as I tend to be a reader of threads and less of a poster).

Cheers
  • #695
  • Aug 8, 2008 4:10pm Aug 8, 2008 4:10pm
Quoting balouf
Scratch!
What is for an indicator below the chart?

Can you build a dashboard indicator like this one for the MA?
This indicator would show the position of the course in relation to the green line for each currency pair and each timeframe.
A green arrow would indicate that the price is below the green line.
A red arrow would indicate that the price is over the green line.

My message is the same for 4X Weezal, Waltini, Endfront, theherryfarm, endroute and anyone who has knowledge in programming.

Thank for your help! I don't know the programming language.
so basically with this indicator you buy when the arrow is green on the time frame you are using. is that right? the added confirmation would be more arrows moving in the same direction.
  • #696
  • Aug 10, 2008 11:43pm Aug 10, 2008 11:43pm
lookslike will be a nice setup......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uchf h1.gif Size: 24 KB
Click to Enlarge Name: eu h1.gif Size: 23 KB
  • #697
  • Aug 11, 2008 12:15am Aug 11, 2008 12:15am
Quoting sed34
so basically with this indicator you buy when the arrow is green on the time frame you are using. is that right? the added confirmation would be more arrows moving in the same direction.
Which Indicator are you referring to?
  • #698
  • Edited 1:46am Aug 11, 2008 12:18am | Edited 1:46am
Quoting steven_leo
lookslike will be a nice setup......
Look like it... but need to confirm where the candle will close.
BTW, have you try the JB CoG as well?

Now, looks like USD/CHF is crossing DOWN,.... will go below gold (i guess).... wait till it cross-UP, then enter BUY with care...

And the EUR/USD is crossing UP,.... will go above gold (i guess).... wait till it cross-DOWN, then enter SELL with care...

Patience is the key to success...
  • #699
  • Aug 11, 2008 3:20am Aug 11, 2008 3:20am
Quoting atuque1
Look like it... but need to confirm where the candle will close.
BTW, have you try the JB CoG as well?

Now, looks like USD/CHF is crossing DOWN,.... will go below gold (i guess).... wait till it cross-UP, then enter BUY with care...

And the EUR/USD is crossing UP,.... will go above gold (i guess).... wait till it cross-DOWN, then enter SELL with care...

Patience is the key to success...
still searching for JB COG.....i've just installed a new windows for my laptop and all the templates were gone.....

OP sell on Eur/usd and long usd//chf just now....confirm it with other system i have.....
  • #700
  • Aug 11, 2008 4:32am Aug 11, 2008 4:32am
Hello All,

1st day of the week....
I saw setup on GBP/JPY 1 Hr TF, candle already closed above the green. EMA already crossed Down..... Adding with CoG is trending Downward....
Good Setup for Sell on GBP/JPY....

I entered Short at 211.01.

T.A.Y.O.R.

Good Luck.

p/s: waiting for EU & GU setup for selling.....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 1 Hr (11Aug08).PNG Size: 63 KB
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