My final simple system (MFSS by JP) | Forex Factory

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My final simple system (MFSS by JP)

  • #1
  • First Post: Aug 17, 2012 12:11pm Aug 17, 2012 12:11pm
hello

Thats is the system I'm trading now...

buy if macd cross and ikomahu red line crose by one candel i each way.. stop above last top or bottom like ina screen

will be post my trade on ny session..



Everybody welcom..
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The market was bullish, turned bearish, and you'are brokish!!!
  • #2
  • Aug 17, 2012 12:37pm Aug 17, 2012 12:37pm
also I'm look cerfuly on 63 ema my best emas..(magneta color)
in friday afternoon in EU I don't suspect stronger move so trade for cople of pips..
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The market was bullish, turned bearish, and you'are brokish!!!
  • #3
  • Aug 17, 2012 12:58pm Aug 17, 2012 12:58pm
on screen below I show U two situaction (blu box) when between ichimoku red and blue is small distance I'm wait with trade to cross blue line. If We have a lot of space between red and blue i trade wit line red and macd ewentuali rsi (cci) as a fillter, when trade goes in our direction and red cross blue line I ad half of trade...

Important aslo is lookin on candel near red, blue, and 63emas also pivot like U see on my screen..
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The market was bullish, turned bearish, and you'are brokish!!!
  • #4
  • Aug 17, 2012 2:58pm Aug 17, 2012 2:58pm
still holding
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The market was bullish, turned bearish, and you'are brokish!!!
  • #5
  • Aug 21, 2012 11:29am Aug 21, 2012 11:29am
Would you happy with the current system you are using? How long have you been used it for your trading?
  • #6
  • Aug 21, 2012 2:19pm Aug 21, 2012 2:19pm
I use it long time...
it defining my enter when I scalp on 5 minut
often when /I scalp put 0.3pip when candel close above or below icomaku red and macd cross and close tis position after few pips and I open smaller position like 0.1pips when ikomachu red and blue cross and hold it.

I lok also on oder time fream when I'm holding 1H and 4H...

now hold long on eu
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The market was bullish, turned bearish, and you'are brokish!!!
  • #7
  • Aug 21, 2012 2:24pm Aug 21, 2012 2:24pm
from my tecnical read up move on eu on weekly chart... to 1.2800
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The market was bullish, turned bearish, and you'are brokish!!!
  • #8
  • Aug 21, 2012 4:05pm Aug 21, 2012 4:05pm
Maybe it will, but need a little long to confirm.
It's a edge to gamble that fill a sell order now and with a sl a little higher (+15 pips) than the current high, and with the same tp (about 30 pips).
1:1 in some condition > 1.gambler
  • #9
  • Aug 22, 2012 2:47pm Aug 22, 2012 2:47pm
U dont need to risk lot of money small pips size is enough, but if U dont risk U dont cach big move...
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The market was bullish, turned bearish, and you'are brokish!!!
  • #10
  • Aug 22, 2012 3:11pm Aug 22, 2012 3:11pm
Quoting FXThug
U dont need to risk lot of money small pips size is enough, but if U dont risk U dont cach big move...
Yes, you are right.

But do you think trader should be bias to be short term or long term, big move or small move?

While you chasing the big move, you may lose many chance in the market.:nerd:

What do you think?
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  • #11
  • Aug 22, 2012 3:56pm Aug 22, 2012 3:56pm
it depend how much time U can spend on forex, If I have all day I will scalp on 5min, trade short term (15min) and look for same bigger oportuniti..(1-4h)
but in direction of one day or my predition..
If I scalp i open position with system an close with my opinion 5-10 pip
short term look for 30pips-50pips on 15min or big opositive candle (or close sign of system...

I dont have time now sa trade on 1day and week..
The market was bullish, turned bearish, and you'are brokish!!!
  • #12
  • Aug 22, 2012 3:57pm Aug 22, 2012 3:57pm
and very good trade
The market was bullish, turned bearish, and you'are brokish!!!
  • #13
  • Aug 22, 2012 4:44pm Aug 22, 2012 4:44pm
Quoting FXThug
it depend how much time U can spend on forex, If I have all day I will scalp on 5min, trade short term (15min) and look for same bigger oportuniti..(1-4h)
but in direction of one day or my predition..
If I scalp i open position with system an close with my opinion 5-10 pip
short term look for 30pips-50pips on 15min or big opositive candle (or close sign of system...

I dont have time now sa trade on 1day and week..
Ok, I see. Would you like to create an EA for this trading system? I can create it and upload to the forum if you provide the material.

That would be easier way to test and use the trading system.
  • #14
  • Sep 13, 2012 2:09pm Sep 13, 2012 2:09pm
Quoting FXThug
from my tecnical read up move on eu on weekly chart... to 1.2800
Like I sad...and we have about 1.28..

I'm one of this famous markets wizards, know where the market will go..
The market was bullish, turned bearish, and you'are brokish!!!
  • #15
  • Sep 13, 2012 2:11pm Sep 13, 2012 2:11pm
nice move on audusd...got it
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The market was bullish, turned bearish, and you'are brokish!!!
  • #16
  • Sep 13, 2012 2:17pm Sep 13, 2012 2:17pm
next target 63ema and 0 level on macd
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The market was bullish, turned bearish, and you'are brokish!!!
  • #17
  • Sep 14, 2012 9:09am Sep 14, 2012 9:09am
level riched...now we see space on 63ema..
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The market was bullish, turned bearish, and you'are brokish!!!
  • #18
  • Sep 14, 2012 9:15am Sep 14, 2012 9:15am
on 1.3190 I will be wach the price and if I se enfluing or dojii and cross red line ichomaku I will sell small position
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The market was bullish, turned bearish, and you'are brokish!!!
  • #19
  • Sep 14, 2012 9:18am Sep 14, 2012 9:18am
update audusd

have 25pip tralling stop there..
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The market was bullish, turned bearish, and you'are brokish!!!
  • #20
  • Sep 14, 2012 9:54am Sep 14, 2012 9:54am
sell e/u
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The market was bullish, turned bearish, and you'are brokish!!!
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