I have entered 3 position today
GbpJpy short 12958
Gbpchf short 16595
Euro gbp long 9017
GbpJpy short 12958
Gbpchf short 16595
Euro gbp long 9017
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DislikedHi, I like simple trading ideas and from time to time foward test them live on my micro account.
I have decided to forward test this idea using the 8 and 5 ema on the following pairs.
GBPJPY, AUDJPY,GBPCHF,EUROGBP,EUROUSD.
I will keep a updated record here for everyone to see.Ignored
Dislikedhi dreamliner
i entered chfjpy and usdjpy long using 3 and 8 ema . at 00.00 Gmt . at thi moment i am +172 pip on both pair .
just to report what it is doing this method for today , i m live with it with a mini lot . just wondering when i have to close it .
thanksIgnored
DislikedDreamliner............
you are using 5ema on open and 8ema on close, right ?
is there a significant difference using 3ema vs 5ema ?Ignored
DislikedI use 5/8 EMA on close, except for those pairs mentioned in the first post that use 3/8 EMA. The reason for the difference is because the two mentioned don't seem as trendy as the others.Ignored
DislikedI can't believe you guys are actually trading this LIVE! Please use caution! I assume you have backtested this thoroughly and are assured that you can live with the risk.
We always close at 00 GMT (7:00 PM ET).Ignored
Dislikedhi Danny
maybe your entries were late , for example EUROGBP should be entered long on Thursday not Friday .Ignored
Dislikedhi
we need to know from dreamliner when he tested this method, he entered right after the cross, or waited the candle to be formed after the croos .Ignored