Post your trades and charts — so we can analyze them together ! And that is the way to understand and to improve the whole system

A "new" simple system based on MA

Do you understand why it is important to check on higher TF when you trade ? Clear on 1mn, not clear on 5mn and it isnt safe to trade. I am flat waiting for a clear trend and get a pullback...

A "new" simple system based on MA

A down trend ? — On 1mn TF it is clearly down...but have a look at 5mn TF. It could be a down trend but price are near S1 and it seems to be hard to go through the support...Fondamentally, nobody want to buy JPY so EUR is up (they buy EUR). So ...

A "new" simple system based on MA

Trading on 1mn TF — I dont see any trend yet on 5 mn TF so I stay flat. I am waiting for a trend, and then I would move on 1 mn TF to buy or sell at the right moment. Look at the trend, trade with the trend, buy support (or sell resistance) ...

A "new" simple system based on MA

It does not happen very often... — ...but yesterday was a bad day with no safe trade. I took only 2 trades for 1 loss and 1 winner. The day ended with a net profit of 5 pips....I hope today will be good.

A "new" simple system based on MA

Answer — First, sorry for late answer because I was in holidays. About trend you check if it is up or down with the EMAs and the DMI, stochastics have nothing to do with trend. Once you get the trend (up or down), you check for the timing. In ...

A "new" simple system based on MA

Ema are very important because it is resistance/support. And you buy support and you sell resistance. But TREND can change so you don't jump in only because it touched the Ema. You check that TREND is still the same and safe and that timing is good ...

A "new" simple system based on MA

Nice help tx !!!

A "new" simple system based on MA

gmma — It is just the Guppy moving averages. You can get it on gmma thread here in FF

A "new" simple system based on MA

About entries — Ut us vert simple. Surnommé you have à TREND, you trade the TREND but you want to enter at the best price. So you want to buy cheap in an uptrend. So to enter, you need a TREND established, and then a pullback. To have more ...

A "new" simple system based on MA

About stops — When I trade on 5 minutes, I am looking for perfect entries and I usually risk around 13 pips, spread icluded. My target is about 15/20 pips, depends on the safety of the trend and supports/resistances. But I can adapt my SL ...

A "new" simple system based on MA

Nice trades ! — Effectively some entries are very clear and profitable ! Focus on perfect entries and you will get enough pips... Another thing I like in this system is you can trade currencies, indices, everything such as orange juice, ...

A "new" simple system based on MA

My trades today — I hope you will focus on perfect entries ! Patience is the most important skill to trade !!!

A "new" simple system based on MA

About the system — I see that some members like the system and test it. What I like in this system is its simplicity : I mean rules are clear ! And you dont have to use complicated indicators. Only exponential moving averages, pivot points, ...

A "new" simple system based on MA

10 pips is good when you scalp the market even if it goes to +20pips you dont have to be "sad". Only 5 pips a day on 20 days with 5 lots gives you 5000$ ! Dont be sad because you got 10 pips !

A "new" simple system based on MA

Hi ! Yes I live in Paris. I dont always post my charts asap because I am trading before posting

A "new" simple system based on MA

Be careful — Hello. On your chart the first entry is safe because trend is up (GMMAs and DMI confirmed) but on the second entry it is not so safe. Why ? Because GMMAs are losing momentum and DMI is negative. You can test it but it is not so ...

A "new" simple system based on MA

Sorry the first chaart is wrong I attached a chart from yesterday — Dont use the first chart.

A "new" simple system based on MA

Trade not taken... — This morning if you look at the 1mn Chart you can have a possible entry at 1.4162 near 7h50 GMT. It is an entry according to the rules....only if you dont look at 5mn chart ! MTF is a key on every system. When you look at ...

A "new" simple system based on MA

Bonjour — Good idea my friend ! I am here to help you. When you post, you can attach a file clicking on manage attachements and then attach your file.

A "new" simple system based on MA