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Dancing with EMA

  • #61
  • Dec 16, 2011 3:01pm Dec 16, 2011 3:01pm
Quoting RobFX
Hi Zebulon,

This is a really cool system... How did you come up with the 50EMA & 5SMA?

Thanks,
Rob
It's a long story, lots of backtests.
I thouht about different systems which allows to stay in a trend and avoid ranges. hope itis the good one
  • #62
  • Dec 16, 2011 3:06pm Dec 16, 2011 3:06pm
Quoting Vlad.M
I was wondering this too. And do you trade lower then 4H frames?

Thanks in advance
No, not with this system. I test another one with TF 15min.
But 4H frame is comfortable because you don't have to stay all day long in front of your screen. You have plenty of time (like now) to manage your trades. So it is a stressless system...
  • #63
  • Dec 16, 2011 3:15pm Dec 16, 2011 3:15pm
Quoting Spinemaligna
Question.

What do we do at the weekend. Just let it all roll over?

Ross
Absolutely !! going to the beach, having some fun, living !!!

The risk = stop lost = 100 pips
It is possible when the price is far from the entry to move the sop loss to break eaven : EUR/USD we sell at 1.3264, the price is actually 1.3036, it is more than 200 pips from our entry.
In this case, yes, i would move my stop for a free run
  • #64
  • Dec 19, 2011 10:29am Dec 19, 2011 10:29am
Quoting zebulon
No i will not add a short trade if the price is above the first entry.
Because the potential loss could be more than 100 pips.
Thanks a lot for your explanation.

May I ask if you are actually still in this trade G/U ?
I noticed that the SL of 100 pips has not been achieved yet.

Thanks for your time and patience
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 75 KB
  • #65
  • Dec 19, 2011 11:51am Dec 19, 2011 11:51am
Quoting Whenever
Thanks a lot for your explanation.

May I ask if you are actually still in this trade G/U ?
I noticed that the SL of 100 pips has not been achieved yet.

Thanks for your time and patience
Yes i am !
Short at 1.5480, SL 1.5580
  • #66
  • Dec 19, 2011 4:27pm Dec 19, 2011 4:27pm
Quoting zebulon
Yes i am !
Short at 1.5480, SL 1.5580
at 1.5480 the price is not touching the 50 EMA as per your rules, so why did you open at this price?
  • #67
  • Dec 19, 2011 4:36pm Dec 19, 2011 4:36pm
Quoting migmac
at 1.5480 the price is not touching the 50 EMA as per your rules, so why did you open at this price?
For the first entry, the rule is : when a 4H bar close more than 100 pips from the EMA 50, open a trade at the open of the next 4H bar.

For the 2d, 3rd, 4th.. entry, it is when the price is touching the 50 EMA.
  • #68
  • Dec 20, 2011 6:50am Dec 20, 2011 6:50am
Quoting zebulon
For the first entry, the rule is : when a 4H bar close more than 100 pips from the EMA 50, open a trade at the open of the next 4H bar.

For the 2d, 3rd, 4th.. entry, it is when the price is touching the 50 EMA.
To the rules of the 2d, 3rd, 4th...entry:

it is when the price is touching the 50 Ema on a retrace, but only if the price at the touch is at least 80 pips in positive from your entry.

Is the underlined correct ?

Thank you
  • #69
  • Dec 20, 2011 7:16am Dec 20, 2011 7:16am
Quoting Whenever
To the rules of the 2d, 3rd, 4th...entry:

it is when the price is touching the 50 Ema on a retrace, but only if the price at the touch is at least 80 pips in positive from your entry.

Is the underlined correct ?

Thank you
Yes
  • #70
  • Dec 20, 2011 7:17am Dec 20, 2011 7:17am
Our SL has been touched for GBP/USD...
  • #71
  • Dec 20, 2011 8:59am Dec 20, 2011 8:59am
Quoting zebulon
Our SL has been touched for GBP/USD...
...and actually (if I am not wrong) it has given a new long signal...
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 80 KB
  • #72
  • Dec 20, 2011 9:06am Dec 20, 2011 9:06am
Quoting Whenever
...and actually (if I am not wrong) it has given a new long signal...
Yes, you're right, GBP/USD buy at 1.5683
  • #73
  • Dec 20, 2011 9:11am Dec 20, 2011 9:11am
EUR/USD sell signal at 1.3120
  • #74
  • Dec 22, 2011 8:33am Dec 22, 2011 8:33am
Could you say what's your winning/losing ratio up til now?
Also, will try to code this in Java, when have the time.

Keep it up!
  • #75
  • Dec 22, 2011 3:40pm Dec 22, 2011 3:40pm
Quoting zebulon
EUR/USD sell signal at 1.3120
I know that this is not very good for the Trading Psichology, but I honestly closed both trades already.

With profit, but discretionally, not "mechanically".

The point is that as soon as I saw (and entered) a long on GU and a short on EU I thoght that it could not be a great move on the long term as they usually do not diverge that much IMHO.

Moreover this period of the year is for my thoughts not the very best to be traded.

Are you still in ?

Having a look backwards at the charts I saw that in most of the "Losing" Trades the price went at least some 20, 30 pips in profit as well, before turning the other way.

Did you notice it ?
Any Idea about that ?
  • #76
  • Dec 23, 2011 6:09am Dec 23, 2011 6:09am
Quoting Vlad.M
Could you say what's your winning/losing ratio up til now?
Also, will try to code this in Java, when have the time.

Keep it up!
Thank you for coding ! it could help !!

the results :

EUR/USD:
15/09 sell 1.3856 +344 pips
21/09 sell 1.3756 + 244 pips
27/09 sell 1.3604 + 92 pips
6/10 sell 1.3412 -100 pips
10/10 buy 1.3567 + 282 pips
18/10 buy 1.3680 + 169 pips
26/10 buy 1.3819 + 30 pips
31/10 buy 1.3949 - 100 pips
1/11 sell 1.3814 +307 pips
11/11 sell 1.3726 + 219 pips
18/11 sell 1.3594 + 87 Pips
29/11 sell 1.3407 -100 pips
30/11 buy 1.3516 - 100 pips
12/12 sell 1.3264
20/12 sell 1.3120

GBP/USD :
27/09 sell 1.5608 -100 pips
3/10 sell 1.5500 -100 pips
10/10 buy 1.5618 +258 pips
20/10 buy 1.5711 + 165 pips
1/11 buy 1.5976 - 100 pips
15/11 sell 1.5860 + 151 pips
29/11 sell 1.5609 -100 pips
30/11 buy 1.5749 -100 pips
13/12 sell 1.5480 -100 pips
20/12 buy 1.5683

EUR/JPY :
6/09 sell 109.85 +597 pips
15/09 sell 106.70 + 282 pips
27/09 sell 104.14 +26 pips
6/10 sell 102.88 -100 pips
10/10 buy 104.39 + 160 pips
18/10 buy 105.20 + 79 pips
1/11 buy 106.99 -100 pips
9/11 sell 105.79 +105 pips
28/11 sell 103.74 -100 pips
12/12 sell 102.82
  • #77
  • Dec 23, 2011 6:13am Dec 23, 2011 6:13am
Quoting Whenever
I know that this is not very good for the Trading Psichology, but I honestly closed both trades already.

With profit, but discretionally, not "mechanically".

The point is that as soon as I saw (and entered) a long on GU and a short on EU I thoght that it could not be a great move on the long term as they usually do not diverge that much IMHO.

Moreover this period of the year is for my thoughts not the very best to be traded.

Are you still in ?

Having a look backwards at the charts I saw that in most of the "Losing" Trades the price...

Yes i'm still in !
Because the aim is to stay in the trend as long as possible.
Maybe EUR/USD will go south 1000 pips more !! Who knows ??
If GU will go north, we are already in position to make pips.
We pay 100 pips to see where the price will go.
  • #78
  • Dec 23, 2011 7:16am Dec 23, 2011 7:16am
Quoting zebulon
Thank you for coding ! it could help !!

the results :

EUR/USD:
15/09 sell 1.3856 +344 pips
21/09 sell 1.3756 + 244 pips
27/09 sell 1.3604 + 92 pips
6/10 sell 1.3412 -100 pips
10/10 buy 1.3567 + 282 pips
18/10 buy 1.3680 + 169 pips
26/10 buy 1.3819 + 30 pips
31/10 buy 1.3949 - 100 pips
1/11 sell 1.3814 +307 pips
11/11 sell 1.3726 + 219 pips
18/11 sell 1.3594 + 87 Pips
29/11 sell 1.3407 -100 pips
30/11 buy 1.3516 - 100 pips
12/12 sell 1.3264
20/12 sell 1.3120

GBP/USD :
27/09 sell 1.5608 -100 pips
3/10 sell 1.5500 -100 pips
10/10 buy 1.5618 +258...
Hi there,

This strategy is very sound and in about a month, after I have completed my live test, I would like to offer a modification (enhancement) to this very simple system.

From the results of the euro, which is the only one I am interested in trading, it is clear that a sound money management system can be attached if the trader has sufficient working capital. That too, I would like to offer at the end of January.

In the meantime, however, we have a minor discrepancy.

The euro got knocked out at (sell1.3120) 1.3220 at 05.22 EST on December 21. I thought I was going to be knocked out as I was set at 1.3133 (don't know why EMA50 was different!) and the max. price 1.3224.

So I am still alive (whew)

Again, congratulations on a simple ,successful system and I hope we can have a lot of fun (and profits) with it.

Seasons greetings.
  • #79
  • Dec 23, 2011 9:45am Dec 23, 2011 9:45am
Quoting Fair Dinkum
Hi there,

This strategy is very sound and in about a month, after I have completed my live test, I would like to offer a modification (enhancement) to this very simple system.

From the results of the euro, which is the only one I am interested in trading, it is clear that a sound money management system can be attached if the trader has sufficient working capital. That too, I would like to offer at the end of January.

In the meantime, however, we have a minor discrepancy.

The euro got knocked out at (sell1.3120) 1.3220 at 05.22 EST on...
Thanks !!

For me, the highest price on december 21 is 1.3197. Brokers are different, prices are different...
  • #80
  • Dec 23, 2011 10:06am Dec 23, 2011 10:06am
Quoting zebulon
Thank you for coding ! it could help !!

the results :

EUR/USD:
15/09 sell 1.3856 +344 pips
21/09 sell 1.3756 + 244 pips
27/09 sell 1.3604 + 92 pips
6/10 sell 1.3412 -100 pips
10/10 buy 1.3567 + 282 pips
18/10 buy 1.3680 + 169 pips
26/10 buy 1.3819 + 30 pips
31/10 buy 1.3949 - 100 pips
1/11 sell 1.3814 +307 pips
11/11 sell 1.3726 + 219 pips
18/11 sell 1.3594 + 87 Pips
29/11 sell 1.3407 -100 pips
30/11 buy 1.3516 - 100 pips
12/12 sell 1.3264
20/12 sell 1.3120

GBP/USD :
27/09 sell 1.5608 -100 pips
3/10 sell 1.5500 -100 pips
10/10...
My God !
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