A "new" simple system based on MA

Hey Pardy. Tools-Preferences-Chart and choose ClosedPosition.

Hi There
I found this forum by chance and I love it. It has improved my trading greatly. Let's keep it going! Wayne

Yeah its a great thread and I dont see it fading anytime soon.

Hi Sutters,
On your July27 posted chart 1 minute EUR/USD, what moving averages are you using. I see 5 on the screen. All simple MA's I presume? Thanks Wayne

Hey wracinti,
I use 12, 20, 30, 40, and 50 all ema.
They all seem to move really well together.

Thanks Sutters and a BIG thank you Hmaoui for sharing. I have been trading currencies several years now and this system is the simplest and makes the most sense. I have always used the 533 stoch and have seen overbought/oversold and divergence but did not know how to tie it to anything to make profitable trades. THANK YOU. I am working through all the posts(on page 16 now) so I will not ask many questions as they may be answered as I study the posts. One question is, I see on charts posted that some use a lot of EMA's (all that Hmaoui mentioned in original post) and some , like you Sutters use less. What is the difference?Thanks again for this forum and I hope I can contribute also to everyone's benefit.Wayne

HI. I suppose, that best variant using 12 (15) and 30 - EMA, and 60 - LMA.

Yeah I must admit I got a little confused by that myself, he posted these mas in his first post - Guppy MAs : ST (3/5/8/10/12/15) LT (30/35/40/45/50/55 instead of 60 because it is a Fib number).
I looked at that but I dont liek to much crap on my chart so I just went in the middle of what they were and 5 seemed like a good compromise so I came up with 12 20 30 40 and I did swap the last one to 55.
I am pretty sure H uses only 3 mas now and I know Punisher does to so that is enough to see the pattern we are after, I did try 3 but prefer 5 but have greyed out the 2 in the middle and I find for me it just shows the patterns a little better.

hi all,

for a good trading week.

yes guys same my friend sutters say already, I also use only the 3 MA's for see a setup.

clean chart is also for me the best

green pips for all here

I took this one today, I hope you guys have green pips also already :-)

I call it a Day

Yeah nice trade Punisher I was out when that came up, got a few further on in the night tho so all good. Some good movement last night.

that's a drop last night, but have to learn if I make my goal every day then all is ok!

don't be greedy, I must follow my plan and the market will give nearly every day the setup for receive my goal.

I'm a sniper, will wait

Yeah fair enough to, I just go down in trade size if reached a certain profit tgt.

2 trades just now I caught the second one.

[quote=punisher;4825797]I took this one today, I hope you guys have green pips also already :-)

I call it a Day [/QU
Hi Punisher,
This is a nice trade. Can you pls share the MAs you use.

thx Sorento,

I use 12/15, 30 and 60 EMA, but really it is not so important, I prefer to take the trade if the price reach the middle of the EMA channel, but if the momentum big then you have to take the touch of the first EMA, because the pull-back will not big enough to come in the channel.

I had in some charts the 200EMA , because the price often bounce from that EMA.

hope that helps

cheers


[quote=Sorento;4829214]

sutters

I have today no time to trade :-( hope tomorrow again in the pips.

green pips all the time

Hi to all ! I just come back from holidays. Hope we will be able to make pips even if markets are very difficult these times....

Lookt at the chart.

Position exited at 1,4228. Profit of 38 pips for a risk of 12 pips ie a ratio W/L > 3 !

Done my pips for the day. I stop.

HI

what is your SL and TP setup ?
what is the setup of your CCI?

thanks in advance for your reply

Landsat