Looking for a possible short @ the Blue line.

M.Y.O.R. System

I use ECN, entry was at 225.877, dont know what the spread was @ the time. Stopped @ 225.57

M.Y.O.R. System

stopped out @ 225.57

M.Y.O.R. System

It looks oversold, chimp & ADX were at extreme levels. So I took the risk, stops are @ 30, so lets see how it pans out.

M.Y.O.R. System

Bought @ 225.87

M.Y.O.R. System

Line 2, 4, 5, 6, 7, 9, 10, 12 Price hit the outter band good chance of reversal Line 3, 8, 11 chimp crossed 0 and QQE crossed 50, also Blue line crossed EMA a bar later

M.Y.O.R. System

Last 24 hrs there 14 entries (not including pullbacks), even if your target was a low 20 pips that equates to 280 pips in your pocket.

M.Y.O.R. System

You dont need to use my version. The one I posted shows you where the EMA bands are sitting and current candle hi, lo, open.

M.Y.O.R. System

Updated Template. Go to First Page

M.Y.O.R. System

You can also use blue line & EMA Line cross for entry

M.Y.O.R. System

Blue line is for possible re-entry on a trend trade. Price tends to pull back to it then bounces away. Same goes from the slow magenta line.

M.Y.O.R. System

I only use this 5 min timeframe on GBPJPY, I havent looked into other currecies or timeframes. I like to get in and out of trade quickly. Even if it means making 5 pips. If it doesnt look good get out of the trade.

M.Y.O.R. System

Hi croesesFX Its EMA 27 on open with levels of +30 +60 -30 -60. Can u see the indicators in MT4 custom?

M.Y.O.R. System

Here is a trade I would of taken if I was @ the computer. ADX_CCI was at flatline and price hit outter band, so I would have shorted. Result would have been about 60 pip profit

M.Y.O.R. System

fxking, Look at the charts I have posted, for sample entries and exit. There are many different methods/combinations of entries within the chart. I keep my stoploss tight usually 30 pips and my targets could be anything from 30 - 100 pips. Look at ...

M.Y.O.R. System

Here a example of different type of trade QQE crosses its signal line then crosses the 50. ADX_CCI crosses zero line. chimp crosses zero line price crosses ema We Enter long and we are in a trend and take profit @ ema outter band. We then look for ...

M.Y.O.R. System

Guys, you need to make you own rules for entry and exit. All I ask is to post your observations But here is an example Here is a chart with 2 entries, the first would have resulted in 50-60 pips, second about 30 pips

M.Y.O.R. System

Another Entry

M.Y.O.R. System

Trend entry

M.Y.O.R. System

More Entries

M.Y.O.R. System