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- hmaoui replied Feb 18, 2013
I do not advise you to trade against the trend !!!! Please focus on the A+ trades : in the direction of the main trend, with a nice timing and a tight SL. On the long term you will earn money for sure. Countertrend trading is very risky. And do not ...
A "new" simple system based on MA
- hmaoui replied Feb 18, 2013
No, It is not a spread it is a SL level which includes your spread. I mean if your broker gives you 3 pips, then you have to put your SL at 10 pips including these 3 pips.
A "new" simple system based on MA
- hmaoui replied Feb 12, 2013
Hi dear PistolDave, Your idea to improve the system is quietly interesting. I have still posted an answer but not directly to you. Looking at your last charts I can tell you that it is the good way to improve the system. I just want to warm you ...
A "new" simple system based on MA
- hmaoui replied Feb 12, 2013
And many thanks to DragonSpeak too !!! I forgot him, sorry man !!!
A "new" simple system based on MA
- hmaoui replied Feb 12, 2013
Hey guys ! I would like to thank every member of this thread but especially Wdays and Bowforex who post their charts. Thank you guys ! Without you this thread would not be the same because I dont have the time to post my own charts. Reading your ...
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
Hi. Just a chart to give you more explanation about the system. My analysis is simple : we are on a clear up trend on the 1h TF (ST EMAs above LT EMAs ; Price above the EMAs ; Price above the PP ; DMI+>DMI-). So I look at the 15mn TF to get a PB. ...
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
If you want to try to programm a robot that's ok. But I clearly don't want to sell it !!! My knowledge is free : my most income is from trading !!! And it is clearly stupid to buy a robot hoping to be rich in 4 months without any work....You have to ...
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
That was a perfect market ! Nice system in these conditions because we have a strong trend.
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
Your timing was perfect ! But I told the followers to have a good money management. And you are suposed to let your profits run if the market is really impulsive. For example, you can exit half of your position on the first resistance, exit 25% on ...
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
Hey that's what I hope for you....but do not be led by your emotions !!! It is very dangerous in trading !!! Be focused on the application of the method and the performance will be only the result of the application of the method.
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
Wdays is right ! Select the best setup. And what is a perfect setup ? The higher TF gives you the trend. Example the 15mn TF give you a trend. Then you look at the 5mn TF for a good pulback, and you enter the market based on your 1mn TF. If all ...
A "new" simple system based on MA
- hmaoui replied Jan 30, 2013
Hello, Looking at your pics, you made a mistake. Why ? Because you have to check the "long term" trend to select the best trades. I mean if you want to enter in the market using the 1 TF, you wait for a pullback on 5mn and you use the 1mn TF to ...
A "new" simple system based on MA
- hmaoui replied Jan 27, 2013
Hello, I trade almost during the london session which includes Londo/NY overlap, bcause I live in Paris. But you can trade the session you want to as long as you trade on pairs which are traded during thi session. Concerning the news, I consider ...
A "new" simple system based on MA
- hmaoui replied Jan 16, 2013
You are welcome ! I wish you the same ! And do not forget that psychology is the key in trading. So master the system, be confident in it, don't ask you too much question, and just do it ! With some practice you will certainly be a successful trader. ...
A "new" simple system based on MA
- hmaoui replied Jan 16, 2013
YES : PP and its derivatives (S1,R1, etc...)
A "new" simple system based on MA
- hmaoui replied Jan 13, 2013
Hi WDays, Sorry for my late answer. Look at the points below : 1/You ook on a higher TF to check the higher TF trend and then you trade on a smaller TF and you enter on a pullback on this TF. For example, if you want to trade the 5mn TF, you check ...
A "new" simple system based on MA
- hmaoui replied Jan 13, 2013
Hi Patguay ! PP levels are good to define targets on an intraday basis.
A "new" simple system based on MA
- hmaoui replied Jan 13, 2013
Hi PistolDave ! First point I really thank you to join us. As you told us, it is simple and you dont need to modify the spirit of the system, even the indies except if you dont master it and you master others. To answer (lately - sorry) your ...
A "new" simple system based on MA
- hmaoui replied Dec 23, 2012
Hi followers ! This is almost the end of the year and it is the best time to look at your results with this system. For me, it was a very profitable year and I can say that this system suits me and that I master it now. I hope that it will be the ...
A "new" simple system based on MA
- hmaoui replied Dec 23, 2012
Hello Dragon ! Hope you are positive with the system this year ! I did not trade from last week until the first week of January. I am in holidays to celebrate the end of the year and Xmas period (even if I am not a christian) with my kids and all my ...
A "new" simple system based on MA