Dislikedperfect trades!
do u closed them just want put profits in pocket?because i haven't seen price cross up 10ema in your chart.Ignored
i need to enjoy my weekend..
10 Ema and 200 Ema cross system 6 replies
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Dislikedperfect trades!
do u closed them just want put profits in pocket?because i haven't seen price cross up 10ema in your chart.Ignored
DislikedTake a look on the screenshots, maybe you should adjust the EMA setting bro. They make a really late entry!
Other than that, your indicators are performing very well.
http://img3.uploadhouse.com/fileuplo...b5e5ef85c4.jpg
http://img4.uploadhouse.com/fileuplo...05de5204fb.jpg...Ignored
DislikedHi bro,i don't agree with you.
you can't say om's entry was later than u .There are many strategies make a earlier entry because of diffenrent setups.om' entry may performant better than yours at other places.In om's words:the most important thing about this system is the strategy , not the indicators.
Good weekend,bro, and sorry for my poor englishIgnored
DislikedI think you don't have to put so much of EMAs to confirm the entry, IMHO they make me more confused @@
With a slight tweak, I use a 20 period NonLagMA and a 27 period smHull Mavg crossover for entry on H1/H4. I also include a Pivot with text for TP unless you are not willing to ride on the trend.
The rest are the same using your indicators and exit strategy (exit at RSI=50). I prefer a SL of 30-40 pips instead of 20 pips. Feel free to try it and let me know the result. I'm going to test it and post my results here.
http://img8.uploadhouse.com/fileuplo...ed7f1adf54.jpg...Ignored
DislikedOmar thx for the great system,trading 7prs on the 1hr chart,and using your template from the first post,last week was the first full week trading your system as is.
I,m very pleased with my results thus far,keep the thread going for me no need to change anything...
RegardsIgnored
DislikedThis one looks like it had everything lined up according to the rules and yet failed. Three candles back on the red one.
Any ideas why or is it just one of those inevitable losing trades and move on?
https://lh3.googleusercontent.com/-j...20121030gu.jpgIgnored
DislikedDear Marshalmax,
if you are talking about going long , it didn't met all the rules , because first the flat trend still red color which show that the trend is still going down , second is that the price is still under 200 EMA , so in this case i will not go long , just i will wait for short trades...Ignored
DislikedNo. 3 candles back was a short entry with every right according to rules, not long. Candle was above 10ema and then below, 10 was below 50 below 200, MACD was red and below, RSI was below 40 at 39.24 and flat trend was red.Ignored
Dislikedi prefer to trade from london open to ny close , other than that the market will keep ranging , so its better you do the same.
and this trade one of the loosing trade , then move on to the next setup.
as you know there is no system in the world give you 100% profits, you have to loose some time , but as your money management.Ignored
DislikedIgnored