O forgot : because of volatility on GBP/USD you have to adapt your SL. Also I think it is safer to wait for Stochastic to be near the overbought/oversold territory.

A "new" simple system based on MA

Hi, Even if the first entry was a loser one, it was good. That's ok you lost 7 pips. Nevertheless, you can tr another entry on the pullback at the 60EMA. Why ? Because it is a good support (remember 60EMA represents the 1h average price on 1mn TF ...

A "new" simple system based on MA

I just can say you it is the perfect entry ! A perfect setup ! To manage your exit, as you enter with a tight SL, you may enter with multiple lots, so you can get out as soon as 12pips is gained on half of your position, and exit the other half with ...

A "new" simple system based on MA

Thank you for your help ! I need it lol ! Now I didnt decide to give up. For your information, this setup was given me by a friend of mine, a lebanon which was a professional trader in London and who runs an hedge fund now. He sells this system very ...

A "new" simple system based on MA

Hi ! Sorry for my late answer but I was not available. Looking at your chart, I think you dont use the system I describe here. MACD is not an oscillator but a trend indicator. For trend, we have the EMAs and the DMI to confirm, it is enough. Also ...

A "new" simple system based on MA

Perfect SETUP — Look at the chart for the perfect setup. A trend well established, a good pullback on the 12EMA with a Stochastic under 50. Jump in for about 12-20 pips !

A "new" simple system based on MA

I dont know if this trade is really followed, except by certain members. Anyway, feel free to join us and to ask your question about the system. It is profitable for me but you need to be patient and disciplined. Follow the rules, focus on perfect ...

A "new" simple system based on MA

Hi dragon, to answer your question it depends a lot on what TF you trade. If you trade on 1 or 5mn TF like me, there will be a perfect setup almost everyday, especially at session opening (London / NY). But if you want to trade this system on 1h TF ...

A "new" simple system based on MA

You get it !!! Wait for the perfect setup....when it comes, jump in ! You will get many opportunities to trade and only few will fail ! About the ADX, I am not sure to understand : do you use ADX(38) ? f so, what is the reason (some backtest) ?

A "new" simple system based on MA

Hi. What would be your target ? Always 30 pips ?

7am-9am Big Dog USD Breakout Strategy

No. When I trade on 5mn I usually set my stop at 15 pips.

A "new" simple system based on MA

What a good day today!!! — As you can see on the chart, there was several (5) entry signal until now on 5mn TF. One was a loser trade 12 pips for me. Second was 20 pips, third was 28pips, fourth was a nice 46 pips, and the last was 28 pips ...

A "new" simple system based on MA

Really good job — I thank you for your consideration and your help...

A "new" simple system based on MA

An idea.... — I think it is possible to profit from this situation during news release !!! On NFP, I can check the price on my demo account on FXPro and place my trades on my real account in Whs.....Could be very very profitable and 100% safe. ...

A "new" simple system based on MA

Very strange ! — I have different data between my real account (Whs) and my demo account (FXPro)...Difference is not in the price but on the indicators, especially on the DMI. I dont know how it is possible as it is the same formula and the ...

A "new" simple system based on MA

On the secod setup, you can take the trade but it is not a perfect setup and when there is a cross it can signal an exhaustion of the precedent trend. Means consolidation (very dangerous to trade the market with this system in ranging period) or ...

A "new" simple system based on MA

I think it could be a good definition of what the perfect setup is.

A "new" simple system based on MA

As a filter, you have to use only during London an NY sessions!

A "new" simple system based on MA

Difficult to answer... — ....this question because I never studied it ! It is about my feeling. But what I can say you is that when there is a strong trend DMI are well spreaded. I will try to define a number but I think the best is to test ...

A "new" simple system based on MA

Wow ! Really amazing ! I didnt see it. I think you use FXPro which I have downloaded in demo mode.... It's not a problem at all, seem to be very low difference. Anyway I am and we are not responsible for it.

A "new" simple system based on MA