Exited at my SL — Exited at 1.4195. Even if I did not have my SL I would have exited my trade because there is a divergence on Stochastics. I dont trade divergence but I use it sometimes to exit ! It is useful. So for the day it is 18 pips on ...

A "new" simple system based on MA

First trade of the day — Here it is. This morning it was not clear for me so I did not trade. Now, there is a correction and entered short at 1.4213. I put a stop 7 pips higher and now my stop is at 1.4195. So I am sure to get 18 pips on 5 ...

A "new" simple system based on MA

Hi. Thanks for the idea. Indeed, I am on WHS as broker, which is not very easy to program (via Chartstudio). I don use the Future Station but it could be an idea.

A "new" simple system based on MA

Effectively, I dont use MT4 and I dont know how to program an EA for this system. If someone has the skills to developp it he is welcome !!! But I think that exits should be improved before, so I am waiting for suggestions...

A "new" simple system based on MA

Now I am flat and will wait for ECB speech....I advise you do not trade before and after this event, or at your own risk ! I am not confortable with news....

A "new" simple system based on MA

SL Touched — I have been exited for my last 2 lots at 1.4190. So I risked 7 pips on 5 lots to earn 21 pips on 3 lots and 11 pips on 2 lots. It means a total profit of 85 pips for a risk of 35 pips (ratio>2) ! Only on 5 lots I earned 850$. Not ...

A "new" simple system based on MA

1.42 is touched — Just now : It touched 1.42005 ! I exited a part of my positions at 1.4200 (3 lots on 5), and let the porfits run on the other part. Why I did that ? 1.4200 is a round number so a strong resistance : I dont want to lose money ...

A "new" simple system based on MA

Wow !!! — What a chance !!!! My SL at 1.4185 has not been touched as prices came to 1.41851 !!!! Now it is 1.41924.....I think iti will test 1.42 and I will trail my SL

A "new" simple system based on MA

Not at all ! — Be sure the system is very simple to understand. Entries are easy, and SL are tight, so you can have a very good ratio on T/SL which means that you can have a bad probability of success you will nevertheless earn money ! And as ...

A "new" simple system based on MA

Perfect ! — I took this one too at 1.4179 (buy). It's a perfect entry as it is a good trend (check at the GMMAs and DMI), and we bought when prices touched the 12EMA (support) and Stochastics were very low. I am in the market right now because ...

A "new" simple system based on MA

Hello ! Yes it was an entry that I took and I exited at B/E. Why I exited ? Because on longer TF it was flat....so no trend on longer TF. As you scalp the market, dont wait for many time to get your pips ! Also, there was a strong support at 1.4150 ...

A "new" simple system based on MA

Happy to see some traders are following my system — I think you will be very happy to follow it if it suits your style. Why ? Because you have a profitable system, with tight stops, safe entries, and with many opportunities to trade (many ...

A "new" simple system based on MA

Could you tell me more.... — ...about your rules ? I can see 4 EMAs on your chart but you talk only about 20, 60, and 200. Also is it Exponential or Simple MAs ? Heiken Ashi should be a good tool for exits maybe...

A "new" simple system based on MA

This one is very nice too. EMAs are trending down, DMI is negative, and Stochastics are overbought....so it is safe ! Jump in !

A "new" simple system based on MA

That's perfect ! Entries are here, well done. You just miss one....try to find it !

A "new" simple system based on MA

You are welcome. Post your entries I will comment.

A "new" simple system based on MA

Another chart to understand

A "new" simple system based on MA

It went to 1.4044 and suddenly up to 1.4090 in 1 mn !!!

EURUSD

Very difficult to trade for me ! — Have a look

EURUSD

Ok — It is a good explanation ! It would be very hard to trade in these terms...

EURUSD