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5 PIPS - Only Five

  • #101
  • Oct 28, 2014 9:01am Oct 28, 2014 9:01am
Quoting tk5
{quote} this is a Force-Majeur case.. means nothing can help any strategy in this case.
Wrong. Something found in all trading platforms can and will help, but only if you use it.....
  • #102
  • Oct 28, 2014 9:14am Oct 28, 2014 9:14am
in case you get frustrated listen this..it will fix u ))))

Inserted Video
always draw trendlines
  • #103
  • Oct 28, 2014 9:33am Oct 28, 2014 9:33am
Quoting JoeNY
There are so many pain in the asses around here and in this world for . . .
Humble & Kalcker CLO2 = Covid killer
  • #104
  • Oct 28, 2014 10:57am Oct 28, 2014 10:57am
Great man!

This is just the way I trade.
High Leverage; Short Time.

Sure, I have Long Term positions open, but this is the way to make your Daily profit.

Kind regards,
MarketFox.-
Trade, don't bet.
  • #105
  • Oct 28, 2014 11:12am Oct 28, 2014 11:12am
Apply 5 EMA with 2 shift.
candle crosses 5ema..next opens inside...

tk5

For clarity what do you mean by "next opens inside"

Many thanks
  • #106
  • Oct 28, 2014 11:29am Oct 28, 2014 11:29am
means take action if second HA candle also opens over the ema.
always draw trendlines
  • #107
  • Oct 28, 2014 11:29am Oct 28, 2014 11:29am
dear can u pls post a screen shot of EMA setting. im confuced about 2 shift. and total settings i mean should we use it in normal chart or heiken ashi chart? which time frame is more perfect to take entry?
  • #108
  • Oct 28, 2014 11:44am Oct 28, 2014 11:44am
Quoting tk5
means take action if second HA candle also opens over the ema.
Hello Sir, can u create account explorer so we can see your progress ?
Thanks,
Kane
  • #109
  • Oct 28, 2014 12:20pm Oct 28, 2014 12:20pm
Quoting Mr.Kane
{quote} Hello Sir, can u create account explorer so we can see your progress ? Thanks, Kane
these kiddish things are strange to me.

look, why dont you merely try it, practice it, use instead of wanting others show it to you? my trade explorer would mean nothing to you anyways cause it wont be you who did it.

when someone shares a trading idea he doesnt urge or has to convince others to use it...Because it doesnt sell this idea so he shouldnt bother marketing it.
always draw trendlines
  • #110
  • Oct 28, 2014 12:28pm Oct 28, 2014 12:28pm
Dear Folks,
This system is nice and simple. Just pust 5 EMA with shift 2 , then watch carefully behavior of the price movement around this EMA , then make decision.
This system is quite profitable, but you must use the small time frame such as M15, M30 or H1.
Most of the newbies can use this system with discipline to exit when the target is reach. This system is easy to make profit 5-15 pips per position, but you must consider about the price when move the opposite with the direction we want.
Advise of newbies, or probies, or maybe for expert trader that always want to take high profit with the high PIPS, his trading strategy is for scalping method, that's why many argument and question about how he makes profit with small pips.

Just for reflection , 100 pips = 1 x 100 pips or 2 x 50 pips or 20 x 5 pips.

That's why , forex is the best business in the world but we need practice and repetition.

it's long time ago , when I first knowing forex, I learn and trade just using 3 and 8 ema cross. The small pips is easy to collect, we only need to multiply it.

Happy trading.
  • #111
  • Oct 28, 2014 1:51pm Oct 28, 2014 1:51pm
Not exactly by the rules, but it did its job.
Attached Image
  • #112
  • Oct 28, 2014 2:45pm Oct 28, 2014 2:45pm
Quoting Art5
Not exactly by the rules, but it did its job. {image}
no need for smoothed HA since it is a short term. you may miss pips.
always draw trendlines
  • #113
  • Oct 28, 2014 2:50pm Oct 28, 2014 2:50pm
First attempt, long on GU. Lets see.
  • #114
  • Oct 28, 2014 2:58pm Oct 28, 2014 2:58pm
Quoting Moonie
First attempt, long on GU. Lets see.
at this timr of the day price is slow..ver slow usually..therefore, if you decide to open rt in get out quickly...especially following big movemrnts like gbpusd downn...be ver careful..cause price usually consolidates for a while then may move down further...in such cases its better to confirm trade with h1 ema cross.
always draw trendlines
  • #115
  • Oct 28, 2014 3:09pm Oct 28, 2014 3:09pm
Quoting tk5
{quote} at this timr of the day price is slow..ver slow usually..therefore, if you decide to open rt in get out quickly...especially following big movemrnts like gbpusd downn...be ver careful..cause price usually consolidates for a while then may move down further...in such cases its better to confirm trade with h1 ema cross.
Good advice tk.

Many thanks.
  • #116
  • Oct 28, 2014 3:16pm Oct 28, 2014 3:16pm
Tk5, thanks for your insights.

Please, can you post your trades that matches the rules? (visually better to understand the bad from the good trades)

Cheers
  • #117
  • Oct 28, 2014 3:51pm Oct 28, 2014 3:51pm
Hi art5
as well explained tk5, you must follow the action price in different tf
do it your way ... And practice

thanks tk5... Grand strategy

i recommend a security sl 50 pips ... Just for safety
when price go against yours and break the trend line for example in h1 ==>exit

example... Gbp-jpy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h1-ema5.png Size: 155 KB
Click to Enlarge Name: ema5-m15.png Size: 153 KB
Click to Enlarge Name: ema5-m5.png Size: 159 KB
  • #118
  • Oct 28, 2014 3:52pm Oct 28, 2014 3:52pm
For those that like regular candles vs HA candles, you can always use a 2-color MA candle, with the same settings as the MA line (EMA 5 shift 2). If you compare it will display almost exactly the same colors (minor variations) as the HA candles.
Attached File(s)
File Type: mq4 0_-_MA_Candles_Two_Colors.mq4   4 KB | 708 downloads
  • #119
  • Oct 28, 2014 4:02pm Oct 28, 2014 4:02pm
Quoting pakeha
For those that like regular candles vs HA candles, you can always use a 2-color MA candle, with the same settings as the MA line (EMA 5 shift 2). If you compare it will display almost exactly the same colors (minor variations) as the HA candles. {file}
to get the 5 ema 2 shift

settings?
5
2
1
3
0
1
3
????
is this right??
  • #120
  • Oct 28, 2014 4:10pm Oct 28, 2014 4:10pm
I think you may have an extra number - should be 5-2-1-0-1-3 I believe. The last two (candle shadow and body width) you can alter to your liking.
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