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Simple 5 / 8 moving average crossover

  • #721
  • Aug 21, 2008 7:35pm Aug 21, 2008 7:35pm
Quoting balouf
Slkosier,
I have red your messages.
Which Laguerre indicator do you use?
Can you post it here?
Thank you
I will have to get it on my other computer and then I will post it here..I really use the 5/8 crossover of Peters alot..the other indicators are just to help me out a bit more...
  • #722
  • Aug 21, 2008 7:42pm Aug 21, 2008 7:42pm
Looks like a good sell cross on the USD/JPY
  • #723
  • Aug 22, 2008 2:37am Aug 22, 2008 2:37am
Rumipl

Good to hear that i wish u all the best and many pips i am also a beginner and try to find a system and i must say i like this thread alot.


Slkosier pls tells us more you are also using a lower timeframe 4 h 1 h ??



best regards
  • #724
  • Aug 22, 2008 6:11am Aug 22, 2008 6:11am
Quoting RumiPL
Hello jgadefelth.

I'm day trader and I'm trading on 15 min and 30 min charts.
My stoch is set on 13,8,5 and it's working fine for me.
I got RSI set on 8 but I don't use it all the time.
I've trading this system for about a month and I earned 60% during that time.
Today's result 190 pip from 3 positions.
I use 20 pip stoploss while opening transaction and I'm using 20 pip trailling stop but I'm also keeping an eye on charts of course.
I'm still working on my system to make it more effective. Do you have any suggestions, I would be glad to hear more experienced traders.

I hope this helps.

Mike
firstly have you applied moving average to 'CLOSE'?
if 3 MA is above 5 and 8 on 15M do you confirm that with the 30M chart?
Which pairs do you trade this with?
Which session gives you good results?
  • #725
  • Aug 24, 2008 3:23am Aug 24, 2008 3:23am
Slkosier and Rumpipl i have hard to see how you only have such a small stop as 20 pips on 30 min and 15 and can ride those small trends so that you including the spread and losses still go + pls pls cant you post some charts.

my 2 cent if we use 5ema close and 8ema open it seems that we enter the trade often a candle before 5ema close and 8ema close.

Also what i can see to reduse some bad trades you can wait till in a long position the prise have crossed the high of the signal bar ( the first bar that on or after the new ema cross) in a downcross of emas that is the low of the candle.


best regards
  • #726
  • Aug 25, 2008 3:26am Aug 25, 2008 3:26am
Quoting jgadefelth
Slkosier and Rumpipl i have hard to see how you only have such a small stop as 20 pips on 30 min and 15 and can ride those small trends so that you including the spread and losses still go + pls pls cant you post some charts.

my 2 cent if we use 5ema close and 8ema open it seems that we enter the trade often a candle before 5ema close and 8ema close.

Also what i can see to reduse some bad trades you can wait till in a long position the prise have crossed the high of the signal bar ( the first bar that on or after the new ema cross) in a downcross of emas that is the low of the candle.


best regards
Like RumiPl also said on these smaller time frames you really need to watch the chart more..Unlike when trading the 1 day frame you don't really have to watch it..I use the smaller one when I have the time to watch it..Thats why I like using the 1 Day alot more being that I am limited on the time to watch alot...If I don;t see any crosses on the 1 day thats when I go to smaller time frames to see if I can scalp anything while wait for a cross...
  • #727
  • Aug 25, 2008 12:40pm Aug 25, 2008 12:40pm
i see but i got the time to sit in front of the computer all day and ill wnt to make as mutch as possible, but still i having hard time to find a good trend with winning that covers the loss and the spread and the stopploss only at 20 pips pls cant you post somepics


best regards
  • #728
  • Aug 25, 2008 5:43pm Aug 25, 2008 5:43pm
I keep coming across the word ranging market can some one pls explain what that means?
Pip Piping all the way!
  • #729
  • Aug 26, 2008 7:26am Aug 26, 2008 7:26am
Quoting Jrex
I keep coming across the word ranging market can some one pls explain what that means?
when the market justs goes up and down in a range, so its really going nowhere but sideways. hard to trade these markets
  • #730
  • Aug 26, 2008 3:02pm Aug 26, 2008 3:02pm
Thanks for the explanation Avatar
Pip Piping all the way!
  • #731
  • Aug 31, 2008 4:23pm Aug 31, 2008 4:23pm
Anyone that use this system posat your trades i hate to think this good thread is dead.


best regards
  • #732
  • Aug 31, 2008 5:45pm Aug 31, 2008 5:45pm
I guess I'll post my positions.

SHORT:
USDJPY 108.34
GBPCHF 1.9859

LONG:
EURGBP 0.8124
  • #733
  • Aug 31, 2008 10:34pm Aug 31, 2008 10:34pm
NZD/JPY short 75.55
  • #734
  • Sep 1, 2008 2:44am Sep 1, 2008 2:44am
Quoting Pipsnagger
NZD/JPY short 75.55
Thanks, missed that one.
  • #735
  • Sep 1, 2008 3:29am Sep 1, 2008 3:29am
sf0d are u just using the 5/8 close close or are u using more indicators ?

what timeframe?

thanks for you share your trades, dont be afraid to post a chart also



best regards
  • #736
  • Sep 1, 2008 3:40am Sep 1, 2008 3:40am
Quoting jgadefelth
sf0d are u just using the 5/8 close close or are u using more indicators ?

what timeframe?

thanks for you share your trades, dont be afraid to post a chart also



best regards
5 Close 8 Open on daily is all I'm using.
  • #737
  • Sep 1, 2008 3:59am Sep 1, 2008 3:59am
ok thanks foir the info.

Anyone trade this on 1 h or 30 min or so ?


best regards
  • #738
  • Sep 1, 2008 4:30am Sep 1, 2008 4:30am
Short:
Usdjpy 108.34
Gbpchf 1.9859
Nzdjpy 75.12
Gbpusd 1.8037

Long:
Eurgbp 0.8124
  • #739
  • Sep 1, 2008 4:57am Sep 1, 2008 4:57am
Quoting jgadefelth
ok thanks foir the info.

Anyone trade this on 1 h or 30 min or so ?


best regards
i trade on 1H, i'm having great results
  • #740
  • Sep 1, 2008 5:13am Sep 1, 2008 5:13am
How do u trade what is your stopploss and what are your indicators is it just te emas 5/8 or more ? tell us little more about your trading ?


best regards
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