What's the exit strategy? I waited for the 3 to cross the 40 and just got stung 8-(

Keep it Simple Stupid (KISS) Method

OK try it out!!! — 3 ema has just broken through 22 and 40 sma Lets see how this one plays.... My entry time 0940 BST 12 May 2009 SL 15 pips

Keep it Simple Stupid (KISS) Method

Can't fault the 40 though!!! — OK I can see the 40 will not pick up as many trades as mine, but it will most definitely not be as bumpy a ride!!! Question is - is the bumpiness worth it??? So just to be clear with your 40 Sma, am I looking for ...

Keep it Simple Stupid (KISS) Method

WOW — Just saw there was a move from 0800 this morning EJ Perfect storm of pretty much all indicators cerossing at once and just after a bounce I was waiting til 9:00 am, so didn't trade - but it was just over 100pips!!!! I'm sold on this!!! ...

Keep it Simple Stupid (KISS) Method

Will be intersting to see... — Has anybody else tried just using the bollinger bounce, then 3/8 cross with 15 pip s/l? Admittedly only limited testing, but should pick up mop most of the price movements in a day. You are going to have to make ...

Keep it Simple Stupid (KISS) Method

Other types of charts — I have only tested this method on Forex, would be interesting how it holds up on others (i.e stocks futures, cfds, commodities etc). i can / do only trade spot forex, so if you guys can mangle the template to others ...

Keep it Simple Stupid (KISS) Method

I Had mine configured for the 80/90 I tried going for sells under the 80/90, longs Over - to mixed results. (but I would say it was more down to user rather than system!) I got most joy from the bounce 3/8 cross method. 3/20 got me into the "choppy" ...

Keep it Simple Stupid (KISS) Method

One example... — OK this was by biggest win of the day (40 pips). It was 40 pips, because it reached 45 pips, and by that point I was more than happy with the result! Possibly could have reached 50 pips, and certainly did not follow the ...

Keep it Simple Stupid (KISS) Method

How to use this — Any timeframe any pair In my opinion if you have to rely on being 1hr candles or daily, then you are relying on the probability of the move in your direction. ANY system should be generic in terms of currency or timeframe ...

Keep it Simple Stupid (KISS) Method

OK slipped up!!! — Just made a buy entry at 11:25 SL 15 ABOVE 80/90 3 crossed above the 20 Could I have avoided this loss? (other than simply not trading) I presume I either pulled the trigger too early or too late. Or am I simply too eager to ...

Keep it Simple Stupid (KISS) Method

Trade #3 — My lack of faith is disturbing!!!! 3rd trade moved into profit was unsure, so moved the stop loss to +2.8. stopped out at +2.7 pips 10:49 entry 10:51 Exit

Keep it Simple Stupid (KISS) Method

OK Trade 2 — Entered EJ 10:08 exited 10:24 (Had reset my stop loss to +40.7 pips) and got stopped out! Profit trade 2 40.1 (0.6 FXCM pip slippage 8-( ) £54.36 Total TRADING PROFIT £74.71

Keep it Simple Stupid (KISS) Method

OK — Time is 0959 Mon 11 May 2009 The buy trade would have already exceeded my 15 pip TP!!!

Keep it Simple Stupid (KISS) Method

Trade using the bollinger bounce 3/8 3/20 method Buy EJ This is NOT waiting for the 80/90 cross - Not trading live - just see how it pans out

Keep it Simple Stupid (KISS) Method

Result!! — OK first LIVE trade under the new regime... "Shorts under 80/90. Long above. 3ema entry 20 sma exit" EJ Time in 0934 Time out 0938 Profit +15 pips Lot size 0.2 Total Profit £20.35 ( I went for a TP of 15 pips!) Not sure if to stick ...

Keep it Simple Stupid (KISS) Method

Excellent work Pips. Just to confirm what are you using as your triggers for the trades?

Keep it Simple Stupid (KISS) Method

Yet Another template!!! — OK, Here is a template that isolates the moving averages from the candles!! 3 ema 8 sma 22 sma 80 sma 90 sma I believe that is the setup!!!

Keep it Simple Stupid (KISS) Method

Will be interesting to see what TD got on his overnight session! 4.2 pips - there was a good 50 pip+ move he should have been able to catch on ej (certainly most of it would have been caught on the bollinger bounce 3/8 method) At least that is how ...

Keep it Simple Stupid (KISS) Method

And so it begins....... — Markets have opened on FXCM

Keep it Simple Stupid (KISS) Method

OK well I shall see what it does in anger tomorrow!!! I suspect looking for a total of 150 - 200 pips should be relatively simple to achieve throughout the day using this method ( I can't believe there wont be 15 10 pip trades tomorrow - I suspect ...

Keep it Simple Stupid (KISS) Method