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Dancing with EMA

  • #461
  • Mar 12, 2012 11:54pm Mar 12, 2012 11:54pm
Quoting zebulon
1) I think EUR/USD GBP/USD and EUR/JPY are highly correlated. And we can avoid more losses and increase this strategy with this new rule : don't go short on a pair when the 2 others are still open long.
The last short trade on EUR/USD would not be open with this rule.
Now, EUR/JPY is on opposite side of EUR/USD and GBP/USD in relation to 50 EMA line. GBP/USD is on short position continuing phase, EUR/USD is moving towards 50 EMA after probable short opening position though second short entry is not probable yet as it's not 80 pips away from first entry.....rather if anyone missing the first entry can jump into the train..... EER/JPY is on continuing long position..... the picture mentioned above is considering each pair alone....

now as the new rule evolved in the above mentioned post.... suppose a person has no position opened in this picture.... how should he move on.... should he plan for going short on EUR/USD or wait for all pairs going on same side of 50 EMA??

I'm a learner.... learning stage... so an expert opinion could help me and all the newbie.....
  • #462
  • Edited 12:59am Mar 13, 2012 12:20am | Edited 12:59am
On my chart on 9th March 2012, at 1200 hours (Trading platform timezone, GMT +2), price movement of GBP/USD, EUR/USD was strong downwards (105 pips and 97 pips body of the candle respectively) where it was 10 pips downwards for EUR/JPY....

now to say correlated pair, is price movement direction similarity sufficient? or the amount of price movement (in terms of pip) should be considered?? another thing is that-- at the above mentioned scenario EUR/USD was below the 50 EMA and short position was opened and EUR/JPY was above the 50 EMA and a long position was opened for that pair.... according to the rules described in the first post....and the price movement in all three cases helped to stay on the positions..... so should we avoid the correlation theory of pairs here or it's just a single incidence which should not affect the new rule....

On 27th Februrary 2012 at 800 hours (GMT +2), GBP/USD moved up 1 pips, EUR/USD moved down 61 pips and EUR/JPY pips moved down 109 pips....

On 29th Februrary 2012 at 1200 hours (GMT +2), GBP/USD moved up 29 pips, EUR/USD moved down 69 pips and EUR/JPY pips moved up 19 pips....

On 8th March 2012 at 800 hours (GMT +2), GBP/USD moved up 38 pips, EUR/USD moved up 63 pips and EUR/JPY pips moved up 99 pips....

During writing this post... GBP/USD is moving down 9 pips, EUR/USD is moving down 23 pips and EUR/USD is moving down 47 pips....

I know.... price movement won't correlate in every minutes and seconds.... but I'm not looking at point of time here....just pointed the important price movement period in recent past.

Price movement of almost 100 pips can trigger any buy/sell opportunity or can hit s/l...... I think, direction might be similar most cases but the speed of movement is not the same always so.... prices of all pairs are not on the same side and thus, similar position might not be possible..... Expert's opinion pls....
  • #463
  • Mar 13, 2012 2:05pm Mar 13, 2012 2:05pm
Hi Zebulon,
Are you in any kind of problem or on vacation?? Till now, probably this page is going to be the first page where you didn't post a message.....

Hope that you're fine....

mazis
  • #464
  • Mar 13, 2012 4:13pm Mar 13, 2012 4:13pm
Quoting mazis12
Hi Zebulon,
Are you in any kind of problem or on vacation?? Till now, probably this page is going to be the first page where you didn't post a message.....

Hope that you're fine....

mazis
Well... The "guru" (teacher) hasn't responded, we're on our own. Hope, he is doing well. Zebulon, many thanks for showing us a way of profitable trading. So long!

Cheers...
To excel by continuous learning
  • #465
  • Mar 14, 2012 3:26am Mar 14, 2012 3:26am
Quoting PeepCzar
Well... The "guru" (teacher) hasn't responded, we're on our own. Hope, he is doing well. Zebulon, many thanks for showing us a way of profitable trading. So long!

Cheers...
Yes, we're grateful to him for showing us such nice strategy.... trading the trend by dancing with MA....
  • #466
  • Mar 14, 2012 4:16am Mar 14, 2012 4:16am
Hi all,

I'm very new both to the trading and to this forum (in matter of fact this is my first post here).

I found this strategy very simple and appealing but I'd like to clarify some issues with you:

1) I don't quite get when you can move SL to BE. After "earning" +200 pips? Is it dependend on how many positions you have?

2) What is the rationale of buying when price touch EMA 50? Eg. we are short on EUR/USD. Price goes steeply down, without retracement and never touches EMA 50. We're making some crazy pips on one position, but then we have to lose it when trend reverse? Because we don't have additional positions and our stoploss is not trailing one?

3) What is exact meaning of "entry on retracement". How do we know if it's a final retracement?

If anyone could help me, it would be very appreciated,

best.
  • #467
  • Mar 16, 2012 3:57am Mar 16, 2012 3:57am
Quoting Mindaugas
Hello dear traders,

I have become interested in your great effort and job zelubon, so decided to join the thread. For an easier monitoring of the charts I've written an indicator which allows to follow up the 50EMA channel at the interval of [-100;100] pips.
I am willing it could be helpful.
Thank you very much Mindaugas, it is very helpful.
  • #468
  • Mar 16, 2012 11:54am Mar 16, 2012 11:54am
Quoting mazis12
Hi Zebulon,
Are you in any kind of problem or on vacation?? Till now, probably this page is going to be the first page where you didn't post a message.....

Hope that you're fine....

mazis
Hope he will return.
They aren't many easy to master yet simple trading method like zebulon.
  • #469
  • Mar 19, 2012 3:32pm Mar 19, 2012 3:32pm
Early today in my chart EURUSD got 100 pips distance between EMA50 line and the last H4 candle close. I believe, it's time to jump in the new trend...

Please let me know what you think.

Cheers...
To excel by continuous learning
  • #470
  • Mar 19, 2012 6:30pm Mar 19, 2012 6:30pm
I have been following this thread for a while and absolutely love its simplicity. I have venture to make some improvements to the system for myself while not departing very much from the system, thus the reason why I choose to post here. I hope Zebulon does not have a problem with me messing with his rules for myself and posting here. I have attached a chart that has a modified 50ema that makes detecting subtle changes in the trend very visible and it help me to more carefully trade with the 50 ema. I have also choosen to use also an 13 ema instead of the Zebulon 5. I think this longer ema helps to stay much longer in our trades. Also on the chart is the 100 pip up and 100 pip down channel - I found the indicator somewhere on this thread. That channel makes seeing the criteria for entry and exit more visible.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy 01.gif Size: 22 KB
  • #471
  • Mar 20, 2012 3:26am Mar 20, 2012 3:26am
Quoting Triberry
I have been following this thread for a while and absolutely love its simplicity. I have venture to make some improvements to the system for myself while not departing very much from the system, thus the reason why I choose to post here. I hope Zebulon does not have a problem with me messing with his rules for myself and posting here. I have attached a chart that has a modified 50ema that makes detecting subtle changes in the trend very visible and it help me to more carefully trade with the 50 ema. I have also choosen to use also an 13 ema instead...
Hello Triberry !
Could you explain me what kind of changes did you made to the 50ema ?
thank you in advance.
ps. i love this thread too, very simple and very effective !
  • #472
  • Mar 21, 2012 10:26am Mar 21, 2012 10:26am
because of recommendation of a friend, here I am, subscribed.
Humble & Kalcker CLO2 = Covid killer
  • #473
  • Mar 21, 2012 4:52pm Mar 21, 2012 4:52pm
Quoting jeronimo
...
Could you explain me what kind of changes did you made to the 50ema ?
thank you in advance.
...
Attached File(s)
File Type: mq4 MaColor.mq4   4 KB | 474 downloads
  • #474
  • Edited 3:27am Mar 26, 2012 3:01am | Edited 3:27am
I've found another similar strategy..... by paulaelli (forum member from another site, so the link will take you to that site, not an affiliate link. Right click on the link and open in new tab to keep the current page open)

Another strategy using EMA aidysproule (forum member from another site, so the link will take you to that site, not an affiliate link. Right click on the link and open in new tab to keep the current page open)

As I'm not the owner of these strategies, I didn't start a new thread... that's why I shared it here for it's somewhat similarity.... If moderator/thread owner things that I shouldn't post it here... just PM me.... I'll delete it....

thanks
mazis
  • #475
  • Mar 26, 2012 5:50am Mar 26, 2012 5:50am
Quoting RisingSun
Thank you !
  • #476
  • Apr 2, 2012 11:13pm Apr 2, 2012 11:13pm
Hi Zebulon, this is a nice thread!!!

Please keep updating your trades!!!

Greg.
  • #477
  • Apr 3, 2012 4:37am Apr 3, 2012 4:37am
Hi all,

I'm following this thread now...
anyone use this method, please update it..

many green pips for you all...
  • #478
  • Apr 3, 2012 10:43am Apr 3, 2012 10:43am
Quoting a2xm
Hi all,

I'm following this thread now...
anyone use this method, please update it..

many green pips for you all...
I do like the trading system but zulon is seen no longer posting. Sad.
Trade As A Sniper
  • #479
  • Apr 4, 2012 5:37am Apr 4, 2012 5:37am
Guys, this is what I've found on Alpari UK. Is it a good sell signal?
Attached Image (click to enlarge)
Click to Enlarge Name: eu3.gif Size: 35 KB
  • #480
  • Apr 4, 2012 11:02am Apr 4, 2012 11:02am
Quoting a2xm
Guys, this is what I've found on Alpari UK. Is it a good sell signal?
Care to share the band like indy?
The clock?
Trade As A Sniper
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