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- hmaoui replied Apr 21, 2011
Nice initiative man ! I like your suggest ! I gonna try to understand it and to study it to see if it could improve the results. But as I said on my first post, it is important to use the oscillator youi master....So CCI could be interesting to use ...
A "new" simple system based on MA
- hmaoui replied Apr 20, 2011
EUR/USD is very bullish. I am waiting for a good retracement to enter long. I think we can go to 1.4520 and then 1.4580. But I follow my system and I am waiting for a perfect setup to profit of the trend. Is some one still in the market ? There was ...
A "new" simple system based on MA
- hmaoui replied Apr 20, 2011
Good reflex ! When the big money comes in, you can profit from a good move...
A "new" simple system based on MA
- hmaoui replied Apr 20, 2011
A bad trade — As every system, there will be losses ! It was one yesterday for those who trade on longer TF ! But no problem, there will be more winners than losers on the long term...
A "new" simple system based on MA
- hmaoui replied Apr 19, 2011
If you move to 1h chart — you can see that Stochastics are in overbought territory, price is near a recent high at 1.4315, EMA60 is at 1.4318, and 50% Fibo level of the last movement is about 1.4327. If you add the fact that 1.4300 is a round ...
A "new" simple system based on MA
- hmaoui replied Apr 19, 2011
Now we are in a choppy market : do not trade with this system !
A "new" simple system based on MA
- hmaoui replied Apr 19, 2011
A new chart — Here is a chart to best understand.
A "new" simple system based on MA
- hmaoui replied Apr 19, 2011
Thank you for your help. Of course I think it can be improved, especially on exits as I told it in the first posts. I think EMA could be a solution but we need to take partial profit as soon as 10 or 12 pips reached. And then we could trail the stop ...
A "new" simple system based on MA
- hmaoui replied Apr 14, 2011
MT4 — Is someone has the skills to program an EA on MT4 as I have many private messages asking for it ? I dont use MT4 but I think it could be something good for the thread to be alive. And I think about changing my broker for FxPro as it uses ...
A "new" simple system based on MA
- hmaoui replied Apr 14, 2011
Yes Standard lots. I never risk more than 3% of my capital on a single trade (3% when perfect setup). As I put my SL at 7 pips, you can just do the math... For the entry, I always wait for the candle to close. Touch trade could be interesting but on ...
A "new" simple system based on MA
- hmaoui replied Apr 14, 2011
Exited at 1.4428 as it is difficult now to pass through 1.4430. 10 pips profit on 5 lots = 500$
A "new" simple system based on MA
- hmaoui replied Apr 14, 2011
Perfect setup — Here again another perfect setup ! Entry at 1.4418 for me and S/L is now at 1.4425 to lock some profit.
A "new" simple system based on MA
- hmaoui replied Apr 14, 2011
Why I am not a full time trader ? I earn some money of course, but I am not psychologically ready to be a full time trader. My system is ok, I master it now and it is profitable. But it is not the only thing to consider. My regular job is ...
A "new" simple system based on MA
- hmaoui replied Apr 13, 2011
I was not here — There was a down movement but I was not here. We test(ed) the PP zone, so it is a support at the moment. Someone shorted ?
A "new" simple system based on MA
- hmaoui replied Apr 13, 2011
Yes but be careful as there is a support at 1.4480. Think you should have been stopped if not exited now. Sorry for late answer but trading 1mn, you have to be very reactive on your trades !!!! I took it but stopped at B/E
A "new" simple system based on MA
- hmaoui replied Apr 13, 2011
Exited at 1.4493 (Sto oversold). It Means 13 pips on 5 lots = 650$. Wait for a second perfect setup now....
A "new" simple system based on MA
- hmaoui replied Apr 13, 2011
Entry signal : Short on Eur/usd at 1.4506
A "new" simple system based on MA
- hmaoui replied Apr 13, 2011
Hello ! I have a regular job too so like you sometimes my boss want to see him. I hope to become a full time trader in 1 or 2 years with a good capital and perfect discipline. This is a business so you have to behave like a real business man ! There ...
A "new" simple system based on MA