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Great system easy to use!

  • #41
  • Feb 28, 2007 11:09am Feb 28, 2007 11:09am
just compare the crossings ,,i use both macd at same time..helps me catching the move a bit before
StopLoss is for none belivers... Trust the Gurus..
  • #42
  • Feb 28, 2007 11:17am Feb 28, 2007 11:17am
TraexWhat I mean with my question is, can your system be traded by an artificial intelligence or program/script (without us trading)? To do that, some fixed trade/system criterias are determined and then applied into the "machine" so it can do its work.
So in other words, is it profitable if we execute all signals generated by the system, regardless of our so-called "mind/thinking/gut feeling/experience/etc" lol.
Hope you get what I mean. Thanks alot.


WOW!

If you are able to do something like that I want a peice of the pie. LOL

I really don't know
trading on demo is not trading
  • #43
  • Feb 28, 2007 11:24am Feb 28, 2007 11:24am
Remember my system deals a lot with fibos as well. You have to use everythjing together. Ran a fibo from 231.29- 232.80 price came and hit right on the 61.8% and went back up

This is on gbp/jpy
trading on demo is not trading
  • #44
  • Mar 1, 2007 2:10am Mar 1, 2007 2:10am
Go long on gbp/jpy and usd jpy
trading on demo is not trading
  • #45
  • Mar 1, 2007 2:37am Mar 1, 2007 2:37am
Forgive me for a possibly stupid question Enzo, but when to you enter the market? As soon as you see the EMA:s stacked in long or short direction and confirmed by MACD? Also, how do you set Take Profit and Stop Loss levels if you use any?

Many thanks
Liberate me ex inferis
  • #46
  • Mar 1, 2007 2:39am Mar 1, 2007 2:39am
I enter when I see price reacting. I always tend to trade around 3a.m. est thats when all the big movements. I trade when the macd cross on the 5 min and the 15 min. once price goes toward the trend or wherever its going for a while I turn to the 15 and 60 min chart. I tend to t/p whenever I think I have reached a certain point or fibo level and even the emas.
trading on demo is not trading
  • #47
  • Mar 1, 2007 2:41am Mar 1, 2007 2:41am
This is my system so I have a different way of seeing things and even taking profit. So I would study the charts and watch every movement in all time frames for a couople of weeks back. You will see something differnt then me. im up 60 pips in usd/j and gbp/j I will take prosit maybe around 100 pips
trading on demo is not trading
  • #48
  • Mar 1, 2007 2:49am Mar 1, 2007 2:49am
Looks like gbp/jpy is trending up. Hope you guys got in when I said so. up 35 pips right now in this pair alone.
trading on demo is not trading
  • #49
  • Mar 1, 2007 2:50am Mar 1, 2007 2:50am
Quoting enzo2325
This is my system so I have a different way of seeing things and even taking profit. So I would study the charts and watch every movement in all time frames for a couople of weeks back. You will see something differnt then me. im up 60 pips in usd/j and gbp/j I will take prosit maybe around 100 pips

Ok, thanks for you reply Enzo. Am I'm right when I assume you do not use stop loss but wait until the prize turns in your favour?
Liberate me ex inferis
  • #50
  • Mar 1, 2007 2:54am Mar 1, 2007 2:54am
No I do use stop loss I use a 40 pips SL
trading on demo is not trading
  • #51
  • Mar 1, 2007 2:58am Mar 1, 2007 2:58am
i only sometimes use SL..
40 sl would have wiped me out on eur/jpy
StopLoss is for none belivers... Trust the Gurus..
  • #52
  • Mar 1, 2007 2:59am Mar 1, 2007 2:59am
Just remember when price turns draw a fibo for low to high high to low. Then wtach how price reacts to this. Fibos are soooooo important. Because price will always hit either the 38.2% or 61.8% and the emas play a role in here too. Sometime you have more resistance if there is an ema and fibo in the same area. But if it breaks through this look out...!
trading on demo is not trading
  • #53
  • Mar 1, 2007 3:21am Mar 1, 2007 3:21am
K folks im calling it a night. Went short about 5 minutes ago and am now up 39.3 pips on both pairs. Thats about 100 pips for me in the past 1 hour. Im going to go to bed. Got hammered tonight drinking with my brother from out of town and I really should not be on here. Good luck and make some more pips for me. Yes im Human just like you!
trading on demo is not trading
  • #54
  • Mar 1, 2007 10:09am Mar 1, 2007 10:09am
Enso,

I really like what you have put together here and want to express my appreciation. I primiarily use fibs and trendlines and have added these EMAs to get a lot more accuracy! I look forward to your posting a few charts to make it even more impressive. Hope the hangover isn't too painful! Thanks again.
"Loss and failure are inevitable but misery is optional"
  • #55
  • Mar 1, 2007 10:33am Mar 1, 2007 10:33am
Enzo, what indicator you use to get that red and blue at MACD in you post#33 chart. thanks..
  • #56
  • Mar 1, 2007 10:38am Mar 1, 2007 10:38am
Hey everyone!

I will be posting some more charts in a little bit. Not done trading yet!

atobevEnzo, what indicator you use to get that red and blue at MACD in you post#33 chart. thanks..
Dont understand your question. I just changed the colors on my macd thats it. it set up 12 26 9. Hope this helps.

usd/jpy and gbp/jpy have hit there low for today
trading on demo is not trading
  • #57
  • Mar 1, 2007 10:40am Mar 1, 2007 10:40am
This may help~

Quoting atobev
Enzo, what indicator you use to get that red and blue at MACD in you post#33 chart. thanks..
Attached File(s)
File Type: ex4 MACD With Histogram.ex4   2 KB | 692 downloads
T
  • #58
  • Mar 1, 2007 10:55am Mar 1, 2007 10:55am
Gbp/jpy Chart Trade Takin Yesterday Went Down Over 200 Pips And Yours Truly Was There To Collect
Attached Image
trading on demo is not trading
  • #59
  • Mar 1, 2007 3:27pm Mar 1, 2007 3:27pm
I am getting a lot of private messages and IM happy to receive them. But most of you guys are asking the same question so please do not hesitate to ask here. It would be a lot easier for me. Remember he who asks a question is a fool for 5 minutes. But he who does not is a fool for a lifetime. So don't be intimidated to ask please. IM here to help all of you. Thanks!
trading on demo is not trading
  • #60
  • Mar 1, 2007 4:11pm Mar 1, 2007 4:11pm
Quoting enzo2325
Hey everyone!

I just wanted to post my system here and have everyone see how easy it is and can allow you to make really good money. You have to have patience and follow the signals. Stay away if the market is choppy. System works best from 12a.m. est- 10a.m. est

First you need 3 moving averages.

50 ema
100 ema
200 ema

Macd set at default which is 12, 26, 9

in an uptrend they will be stacked 50,100,200
downtrend the naturally will be 200, 100, 50

This is great because price always retraces to the ema's and bounces off. Once it passes one of them it usually tries to make its way to the next ema and at times its 40-60 pips! unless the ema is sitting right on a fibo level then just wait for the close with the macd to confirm.

That's it! What you do is everytime you find the low and high. Draw a fibo from low to high. Price will always hit the fibos or bounce off the ema's. It works best on the 15 and 60 minute chart. When placing the Fibo's... It does not matter how many days, hours or minutes. If the price reaches a high point from a low point from 2 hours ago. Run a fibo and price will keep hitting it along with the emas. If price closes above or below an ema watch it carefully. Sometimes it will pierce through and go for the next ema or it will bounce off of it.

if you set up and look at your chart go back a couple of days and watch how price reacts to the emas. Also the macd is the main ingredient here. I only trade on the 15 and 60 min charts. I usually take the trade on the 15 when the macd has crossed and will watch the 60 min to confirm the movement. That's if I am being aggressive. When the 50 ema crosses over both of the others. This is considered a death cross. Keep it going in that same way it is crossing. It takes a lot to make it cross back all 3 again.

I have made over 1000 pips this month alone with this system. any questions please ask away

Thank you for the post. What time frames do you trade, or does it make a difference?
Thanks again
Fritz34
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