Share your profitable systems

Hi guys, I have been trying different systems for forex trading but nothing seems to work consistently. I would apprecita if you share indicators/ systems you have been using to generate consistent profit with some charts . I use 10 EMA 50 EMA cross over . It seems to be working but not all the time. what you guys have been using??? Hope this thread would help to find good system .
Thanks

A word of advice. There is no such thing as an holy grail "trading system" even if there was, no one would ever share it. There are thousands of ways to skin a cat, you need to find what you are comfortable with. Just because an system regenerated an losing streak, doesn't mean it doesn't work. Losing streaks are bound to happen, it is the cost of doing this business. An system with 50% win rate is outstanding as long as you keep your emotions in check and have solid fundamental risk management. If you accomplish all those three, you will guaranteed to be an profitable trader and on path to be an "successful" trader. Yes it sounds simply, but in reality very hard to accomplish. Good luck to you.

Why the fuck would anyone share their system with a bunch of strangers on an internet site?

Just to beat a dead horse, there is no system that works 100% of the time. Most people want to jump from system to sytem hoping to find the one that is going to make them rich. There is a lot more to it than that. It really does take screen time. For some its a few months, others, a few years. If your current Crossover system is makeing you some money, its probably a decent system/method. If you incorporated a little price action into what you are already doing, like recognizing chart patterns or candlstick patterns, tied up with a good money management plan, you will more than likely increase your winning % and money. Best of luck to you.

I've said it before and I'll say it again here... anyone that has a way to trade that is successful (truely successful that is) is not going to share it with the public in its entirety. They may give a piece here and there to string the hopeful trading masses along but unless their completely out of their mind (and some of the folk around here actually are) they are not going to give away a system that works flawlessly (should they actually have one). Why? To answer the why I'll pose this question:

If you had a legitimate money making machine (which is actually what having a super successful trading system is) and you posted in the forums FREE MONEY JUST EMAIL ME; how many replies do you think you'd get?... and do you think they'd ever end? So lets say you replied to all these requests... this person needs a million... another needs a billion... a few ask for a trillion etc. How long do you think it would take for the money to become worthless once the word was out that someone was giving an unlimited amount of free money away?

It's the same thing with any truely great system. There are not a lot of them but they do exist - created by those certain people that went through the fire to figure out a way to make it... and those same people know very well that if they to give out or especially POST to a public site their FREE MONEY MACHINE, it would be no time at all before that system became worthless. Just like 90% of the people betting on the same dog at the races... you bet 100$, the dog wins and your lucky to get 60$ back for your trouble.

I'm sorry to say this but it's true. You have to keep at it and find your own Money Making Machine by going through the fire, possibly even losing your pot several times before eventually figuring out something that works, that's all yours and can not be taken away, unless YOU decide to be dumb enough to post it on a public forum where no one, including you - the creator - can profit from it any longer.

Good luck and happy pippin...
Cheers,
TraderJoe

My site in signature below has multiple systems on it. How you use them will depend on whether you are profitable or not. They may not all be good for you, but at worse you may learn some things by reviewing them. Maybe even formulate your own system by taking parts from those systems and making your own. There is no such thing as a perfect system for everyone. Only systems that are best for you. You have to figure that out which on your own.

i'm not sure if yr framed the question right!
I'm sure the 5% of successful traders here are not going to part with their profitable trading strategy.
You could improve yr system by using smaller lot size,bigger timeframe,proper risk management etc.

Well, I consistently do well in trading, and I have no issue helping someone out once in awhile. It takes a long time to gain control of your emotions in trading, and that's what the 5% have figured out. If you know your plan, trading strategy and you are consistent, this becomes a strait forward career. I trade off of one time frame with a set of perimeters that need to trigger before I take a trade. It took a long time to learn there may only be 1 to 3 trades a day... (good trades). We all know what they look like, it's the basic trading skills reading candles, support and resistance. I believe in high leveraged trades to immediate support and resistance, with scaled profit to further targets. Why? Cause it's much easier to predict a short move that has a lot of volume, then a long move that the market can decide to play with. I like trading with others, and I like being the patient one in the group who is confident in my trades. If you get anything out of this, remember patience, that will transform your trading.

I've said it before and I'll say it again here... anyone that has a way to trade that is successful (truely successful that is) is not going to share it with the public in its entirety. They may give a piece here and there to string the hopeful trading masses along but unless their completely out of their mind (and some of the folk around here actually are) they are not going to give away a system that works flawlessly (should they actually have one). Why? To answer the why I'll pose this question: ( TraderJoe )

well said,and agreed

indeed honesty often get replies that are not comfortable

Well, one thing I can definitely tell you is that your simple trading system involving a couple moving averages will have far more losing trades than winning trades. However, that does not mean it can't be profitable. The key to making it profitable in the long run is YOU. Can you withstand the losing periods? Conduct this experiment for yourself... flip a coin 100 times and write down the result of each flip. When you are done, make note of how many heads and how many tails. Obviously, the more flips you do, the closer the result should be to 50% for each side. However, pay attention to how many heads occur in a row and how many tails occur in a row. These will define winning streaks and losing streaks. Most everyone can handle a winning streak, but can you handle the losing streak?

The key to successful trading is to develop a methodology that you OWN. This is a parallel I like to make to professional golfers. Tiger Woods has often made reference to the idea that he would like to own his swing, just like Ben Hogan owned his. Most very successful players have owned their golf swings, yet virtually no two swings look alike. Jim Furyk has been a very successful player, yet has the ugliest golf swing (my opinion) on tour. It doesn't always work, but he has learned to manage his game around that swing.

Do your own research, own your strategy through good times and bad, and you will be successful.

Don't be despair, time, efforts and patience will reward you one day.

I am no expert, but do make some beer money consistently. I will suggest you try monitor Daily High, Low, and Close. These 3 prices will never repaint or disappear any where in your life when you don't even have a chart. Monitor long enough and you will definitely come out with your own tailor made system.

Add trendlines, patterns recognition, indicators along the way if you need it. Good luck Bro.

My site in signature below has multiple systems on it. How you use them will depend on whether you are profitable or not. They may not all be good for you, but at worse you may learn some things by reviewing them. Maybe even formulate your own system by taking parts from those systems and making your own. There is no such thing as a perfect system for everyone. Only systems that are best for you. You have to figure that out which on your own.
Top-Forex-Systems. com

one of the forms of the words of the honest