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  • #921
  • Oct 19, 2013 4:09pm Oct 19, 2013 4:09pm
Quoting tk5
Hello TEB63 I am new to this system and have below questions 1. is there any tool that alerts of PA crossing the 200 ema? so that we dont sit in front of all pairs waiting for it? 2. what other indicators/things we should use along with 200 ema? for confirmation etc. I personally use Heiken Ashi all the time. cheers

in fact the entry is when it takes out a hi or low on the 3rd chart- so you just set a limit order and go away,
- with the 200 system I might watch the charts 4 times a day for about 10 minutes - that is it,

Heiken Ashi I am not high on them personally but whatever works for you
  • #922
  • Oct 20, 2013 5:24am Oct 20, 2013 5:24am
Bonjour TEB63,

I use ONLY "stop orders", not "limit orders" because it's a breakout entry and not a retracement entry.

I use to set +/- 2 pips from my entry/SL, so how many pips do you set your order from the last HIGH/LOW ?

Thanks for your attention,


  • #923
  • Oct 20, 2013 5:41am Oct 20, 2013 5:41am
TEB, what are proper values for EMA 200? (shift etc)

and should I apply various values for ema for various timeframes?
always draw trendlines
  • #924
  • Oct 20, 2013 5:54am Oct 20, 2013 5:54am
while playing with WSS I noticed that not only PA crossing ema means nice trade but bounces on the EMA generates nice trades as well..

look at the example...on my XAU/USD m15 chart there are two...using Heiken ashi's we can make good pips by entering from 1st or 2nd reverse candle confirming it by 5 EMA.

in this examples, each made 450+ pips..
Attached Image (click to enlarge)
Click to Enlarge Name: n8gnn.png Size: 52 KB
always draw trendlines
  • #925
  • Oct 20, 2013 6:14am Oct 20, 2013 6:14am
Quoting tk5
TEB, what are proper values for EMA 200? (shift etc) and should I apply various values for ema for various timeframes?
just close standard simple
I have found out the simpler the better in trading
each TF is the same 200 ema closed
  • #926
  • Oct 20, 2013 6:20am Oct 20, 2013 6:20am
Quoting tk5
while playing with WSS I noticed that not only PA crossing ema means nice trade but bounces on the EMA generates nice trades as well.. look at the example...on my XAU/USD m15 chart there are two...using Heiken ashi's we can make good pips by entering from 1st or 2nd reverse candle confirming it by 5 EMA. in this examples, each made 450+ pips.. {image}

whatever works as I do not see the 2 other charts I do not what I would do
what you are doing looks great - But the 200 ema system is a trend following system
what you are doing is looking for highs and lows.
I do both type of trading - but not with this system - this system is just a trend following system - not highs and lows
  • #927
  • Oct 20, 2013 6:24am Oct 20, 2013 6:24am
Quoting Angel65
Bonjour TEB63, I use ONLY "stop orders", not "limit orders" because it's a breakout entry and not a retracement entry. I use to set +/- 2 pips from my entry/SL, so how many pips do you set your order from the last HIGH/LOW ? Thanks for your attention,
I use Oanda they use limit orders for everything they do not have stop orders
  • #928
  • Edited 2:26pm Oct 20, 2013 1:59pm | Edited 2:26pm
The lines thing- Here is how you draw them.
Go to your fibb tool take all the levels off
- then add 0% 50% 100% & 200%

TEB63 , I am now on page 8 and am going all the way with this thread , Please explain to me clearly how do this fibb , I tried it without success ,And what is TL ,
And how to draw circle and different colour .
  • #929
  • Oct 20, 2013 3:52pm Oct 20, 2013 3:52pm
Quoting terminator12
The lines thing- Here is how you draw them. Go to your fibb tool take all the levels off - then add 0% 50% 100% & 200% TEB63 , I am now on page 8 and am going all the way with this thread , Please explain to me clearly how do this fibb , I tried it without success ,And what is TL , And how to draw circle and different colour .

what chart package do you have
the one I was using at the time was MT4
  • #930
  • Edited 12:55am Oct 21, 2013 12:07am | Edited 12:55am
Quoting TEB63
{quote} what chart package do you have the one I was using at the time was MT4
Yes I am using MT4
  • #931
  • Oct 21, 2013 3:24am Oct 21, 2013 3:24am
what are the system rules?
Thanks.
Enter Signature
  • #932
  • Oct 21, 2013 5:36am Oct 21, 2013 5:36am
Quoting terminator12
{quote} Yes I am using MT4

click on the fib then change it as you like
Attached Image (click to enlarge)
Click to Enlarge Name: 23423243.PNG Size: 45 KB
  • #933
  • Oct 21, 2013 5:37am Oct 21, 2013 5:37am
Quoting oballal
what are the system rules? Thanks.
read the thread
  • #934
  • Oct 21, 2013 7:11am Oct 21, 2013 7:11am
the 2nd way I change the Stop Loss is when you have a 1 2 3 break move against your position
like here
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd stop change.PNG Size: 43 KB
  • #935
  • Oct 21, 2013 8:08am Oct 21, 2013 8:08am
Quoting TEB63
{quote} click on the fib then change it as you like {image}
Got It Thanks
  • #936
  • Oct 25, 2013 3:09am Oct 25, 2013 3:09am
Quoting TEB63
the 2nd way I change the Stop Loss is when you have a 1 2 3 break move against your position like here {image}
Just want to know why u stop this thread , Still study but find it very useful . I'm trying to keep everything simple and no indicator , Only three EMA 20 50 200
  • #937
  • Oct 25, 2013 10:34am Oct 25, 2013 10:34am
Quoting terminator12
{quote} Just want to know why u stop this thread , Still study but find it very useful . I'm trying to keep everything simple and no indicator , Only three EMA 20 50 200

EMA are indicators

This is a great new person system - I do not use this one
I was sharing a little with this one to help people

the 3 emas you spoke of are, I think are good ones
take cares
  • #938
  • Oct 29, 2013 5:45am Oct 29, 2013 5:45am
I think we are very short time from a MAJOR market reversal
look at the S & P topping and dropping!!
so I think the AudUsd dropping might be worth a watch
  • #939
  • Oct 31, 2013 3:01pm Oct 31, 2013 3:01pm
Will we see the S&P drop!!
Attached Image (click to enlarge)
Click to Enlarge Name: s & P.PNG Size: 55 KB
  • #940
  • Oct 31, 2013 7:30pm Oct 31, 2013 7:30pm
Hey TEB,

I took a trade based on your original post. GBPAUD on Weekly and Daily is up over the 200EMA while on the 4 HR the price was well below the 200. I set up a buy stop over a recent high and it triggered today. Thanks. We'll see what happens.

Mike
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUD Weekly 10 31 13.jpg Size: 19 KB
Click to Enlarge Name: GBPAUD Daily 10 31 13.jpg Size: 53 KB
Click to Enlarge Name: GBPAUD 4HR 10 31 13.jpg Size: 80 KB
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