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Magic 5 - five pips only

  • #541
  • Dec 15, 2014 6:40am Dec 15, 2014 6:40am
I was looking at GU all morning. First price was above 200EMA (around London Open) so I was waiting for a long setup, then the price moved through the 200EMA but no short signal yet.
Now price found a support on that H1 TL and is forming a base. RSI is also curving from below 30 area. But a long would be against the rule as now price is below 200EMA and we would enter on a pull back of the earlier strong bearish move.
The only option would be to wait. Right TK5?
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  • #542
  • Dec 15, 2014 6:41am Dec 15, 2014 6:41am
It makes no sense that discussion, each business as either real / demo / with AS / without EA, if Dave is available to offer their expertise in programming EA we should help, Dave worse would create an EA with this system and hide only for him Please by Dave is trying to have further recourse to the system after each one is free to do as a person who negotiates several pairs is needed to give an AE signal, it is impossible to monitor many pairs simultaneously and EA gives the signal, then analyze and decide.
Personal let's be humble.
  • #543
  • Dec 15, 2014 6:41am Dec 15, 2014 6:41am
many opportunities but MA200 is an obstacle , how important to respect it?
  • #544
  • Edited 4:24pm Dec 15, 2014 6:49am | Edited 4:24pm
l repost your results.

Raud
Quoting SeaTheStars
{quote} I don´t think tk5 has to be active, he had his input and thats it imo. No need he has to teach everybody. we should all be old enough to act alone.
He has presented a simplistic approach and is guilty of fraud. I'm so sorry to have enumerate that but that is the fact. Give me your verified account and prove that I am wrong? Sorry for the challenge but the amateur posters need to stop flapping their gums. if you are right, then I will eat humble pie.
  • #545
  • Dec 15, 2014 6:51am Dec 15, 2014 6:51am
OK please just stop this so those of us who are interested can just focus on trading and not on this argument...

Thank you.
Life is like a snickers, its full of nuts!
  • #546
  • Dec 15, 2014 7:05am Dec 15, 2014 7:05am
Quoting Dave_C
l repost your results. Raud {quote} He has presented A simplistic approach and is guilty of fraud. I' m so sorry to have enumerate that but that is the fact.Give me your verified account that I am wrong? sorry for the challenge bout you amateur posters need to stop falpping your gums. if you are right, then post me your verified results and with your approval I will post your results and eat humble pie.
You are totally wrong Dave, strategy is working and I can prove it to you. Check below my last weeks stats(see how many greens).
One just need to be patient follow the rules and use common sense logic.
Tk5 owes you nothing so I don't see why he should show u his stats or prove u anything.
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  • #547
  • Dec 15, 2014 7:07am Dec 15, 2014 7:07am
That's very easy. if you want me do disappear then do this on this thread otherwise email me and tell me so!
  • #548
  • Dec 15, 2014 7:10am Dec 15, 2014 7:10am
Quoting Dave_C
l repost your results. Raud {quote} He has presented A simplistic approach and is guilty of fraud. I' m so sorry to have enumerate that but that is the fact.Give me your verified account that I am wrong? sorry for the challenge bout you amateur posters need to stop falpping your gums. if you are right, then post me your verified results and with your approval I will post your results and eat humble pie.
As if any serious trader would follow it blindly. Everybody´s responsible for what they´re doing. You cannot blame him. Blame yourself if you can´t get it done (or follow any other thing blindly without checking yourself). Your argument is just absurd.
  • #549
  • Dec 15, 2014 7:10am Dec 15, 2014 7:10am
Dave

I haven't checked but just wondering whether your EA contains a news filter?

I can only assume that those who are having great results are following TK5's rules to the letter, and are filtering trades
before and after news.

M.
  • #550
  • Edited 4:30pm Dec 15, 2014 7:14am | Edited 4:30pm
Reply to both and everbody else
The EA encapsulates good ideas submitted by posters including news filters.
I only represent tk5's ideas by default. I don't necessarily agree with him me but this is his forum.
He has rubbished me and all I have done is helped.
  • #551
  • Dec 15, 2014 7:15am Dec 15, 2014 7:15am
Quoting SeaTheStars
{quote} As if any serious trader would follow it blindly. Everybody´s responsible for what they´re doing. You cannot blame him. Blame yourself if you can´t get it done (or follow any other thing blindly without checking yourself). Your argument is just absurd.
Amen to that!!!!!! Serious traders/business people aren't the white sheep!!!
  • #552
  • Dec 15, 2014 7:45am Dec 15, 2014 7:45am
Enough of that unproductive bickering please, here is 5 pip trade just little a while ago on G/J
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  • #553
  • Dec 15, 2014 7:47am Dec 15, 2014 7:47am
Quoting Dave_C
reply to both and everbody else The ea's encapsulat all good ideas. I only represent tk5's ideas by default. I don't necessarily agree with him me but this is his forum. He has rubbished me and all I have done is helped.
Please leave and stop polluting the thread.
  • #554
  • Dec 15, 2014 7:49am Dec 15, 2014 7:49am
oh Gosh, man nobody regards you as unhelpful devil. but you have used improper words and names.

This method ( I am the longest user of it, 1.5 years) requires no EA. EA parameters brought up were too complicated, I myself was confused. The more complicated it could get.

My final opinion is this: you have alerting indicator (ema5 cross) which is only thing you need along with RSI. The rest is all about drawing trend-lines and watching ema200.

That's all required important aspects of trading.
always draw trendlines
  • #555
  • Dec 15, 2014 7:50am Dec 15, 2014 7:50am
Quoting getn5
Enough of that unproductive bickering please, here is 5 pip trade just little a while ago on G/J {image}
wrong indicator, mate.
always draw trendlines
  • #556
  • Dec 15, 2014 7:51am Dec 15, 2014 7:51am
Quoting getn5
Enough of that unproductive bickering please, here is 5 pip trade just little a while ago on G/J {image}
and 40 pips more
  • #557
  • Dec 15, 2014 7:58am Dec 15, 2014 7:58am
I sold USDCAD on the EMA5 cross few minutes ago, but somehow it triggered my SL even when the candle HIGH was still 3 pips away But I wasn't patient and traded against the trend and the EMA200 rule, so at least I know for the next time.
Before that I already had 7 winning trades with this method (in first 2 days of trying it out).

So thanks for sharing the strategy tk5
  • #558
  • Dec 15, 2014 7:59am Dec 15, 2014 7:59am
what indi would that be? ..only one I use is RSI which was customised by someone else called traders dynamic indicator, still the same thing it only shows me direction and confirms entry sooner...
  • #559
  • Edited 4:08pm Dec 15, 2014 8:00am | Edited 4:08pm
Quoting Anusragger
{quote} Please leave and stop polluting the thread.
Done. Believe on blindly; you lemon! I will deal with people with intellect.
  • #560
  • Dec 15, 2014 8:02am Dec 15, 2014 8:02am
Quoting getn5
what indi would that be? ..only one I use is RSI which was customised by someone else called traders dynamic indicator, still the same thing it only shows me direction and confirms entry sooner...
kindly use and/or share charts with indicators associated with this system only. (you can use millions of them we know that, but you must respect this thread's rules)
always draw trendlines
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