BunnyGirl Cross system

The principles for her system are in the beginners forum from the trading systems sticky loed here: https://www.nigeriaforextrading.com/...iamfx-mt4.html


Hey BG! Give me a PM. I got a question.

Dial

I'm trading with this system.
The only problem with me is that I constantly miss the European market and also when I wake up in the morning, the price usually has passed the entrance point.

Any thoughts on how to solve this problem except for moving to Asia and waking up at 2am EST? https://www.nigeriaforextrading.com/...1525162900.png

Amazing how much difference this makes... in my place that I just stay up until after midnight. Maybe I should return to Europe if that works out. Although, the beginning of US session isn't bad, either.

I guess you could try to use stop/limit orders but that is not exactly like watching it.

Which principles would you find most important? Do you use that 25 pip filter? This was.

Do you exchange other than the 4 advoed pairs?

Dane

Guess residing in Europe has some favorable effects https://www.nigeriaforextrading.com/...1525162900.png:

good to become Europeanhttps://www.nigeriaforextrading.com/...1525162900.png

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Originally Posted by ;

Amazing just how much difference this makes... in my place that I just stay up until after midnight. Perhaps I should return to Europe if this works out. Although, the beginning of US session isn't bad, either.

I guess you might try to use stop/limit orders but that is not exactly like viewing it.

Which principles would you find most important? Do you use that 25 pip filter? This was something that I couldn't get accustomed to.

Do you trade apart from the 4 advoed pairs?

Dane

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This is exactly what I am doing today. I see closely during Asian session and predict a few prospective crosses and put up some discontinue orders based on those crosses. But I consider this to be risky. But if there's a crossover during the Asian session, then I would jump in if the price reaches the amount.

The principles that I follow strictly would be the 25 pip filter as well as the 100wma which functions as a support/resistance level. A lot of times you may observe some bounces in the 100wma and in these times you should be careful and twist your stop. Additionally I don't enter transactions following 12pm EST..

I just trade the 4 advoed pairs and typically I just pick one from the EUR, GBP and CHF. I found it too tired to manage all three pairs so that I usually just pick the one that I feel comfortable with in the market condition and take a look.

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Originally Posted by ;

imagine residing in Europe has some positive effects https://www.nigeriaforextrading.com/...1525162900.png:

great to be Europeanhttps://www.nigeriaforextrading.com/...1525162900.png

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You bet it does. I'd be away, if it wasn't for my job. And judging from the accent https://www.nigeriaforextrading.com/...1525162900.png , that is probably close to where you live (I used to live in Krakow).

Hope the trading is great enough so I can move back a while.

Maciek

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Originally Posted by ;

This is exactly what I am doing now. I watch during semester and forecast some crosses and put up some stop orders based on those crosses. However, I consider this to be rather risky. However, if there's a crossover during the session, I would definitely jump in if the price reaches the amount.

The rules I follow rigorously are the 25 pip filter and the 100wma which acts as a support/resistance level. A lot of times you will see some bounces and in these times you should be careful and twist your stop. Also I don't enter trades after 12pm EST..

I only trade the 4 recommended pairs and usually I just select one out of the EUR, GBP and CHF. I discovered it too tired to handle all three pairs so I usually select the one I feel most comfortable with in the market state and take a good look.

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Did you see that move Friday morning (around 8-9 GMT)? In half an hour or a bit more I was up 50 pips on 3 pairs, it was a BGX setup! If I trailed all my stops I might have done twice as much, as the movement continued for the next few hours but I chose to get some sleep and closed all but one trade.

I also see the 100WMA for exactly the same factors. Daily open also appears to work because she describes (prices have a tendency to rebound of it) so seeing it can improve your success rate.

Dane

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Originally Posted by ;

Can you see that proceed Friday morning (approximately 8-9 GMT)? In 30 minutes or a little more I had been up 50 pips on 3 pairs, it was only an ideal BGX installment! I might have done twice as much, since the move continued for the upcoming few hours when I trailed my stops but I decided to get some sleep instead and closed one transaction.

I also see the 100WMA for exactly the very same reasons. Daily open also appears to work as she explains (prices tend to bounce of of it) so watching it can improve your success rate.

Dane

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Yes, Friday was an wonderful day with this system(Wednesday was nice too following the economic information). I set up a stop order on Thursday night before going to sleep and it was be an ideal order. But I missed the majority of the move from the 100WMA due to the fear for the bounce. My order took a small 25 pip profit once I was asleep and when I woke up on Friday afternoon I just found that I closed the place.

That I am going to try out this exit egy next week: I shut half of the place on some major resistance/support degree like 100WMA or daily open and then let another half run with a trailing stop.

If everything works out nicely, I think I am going to return to China at the long run and then I don't need to worry about overlooking the European semester.

Happy trading.
Shi Hong

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Originally Posted by ;

Yes, Friday was an wonderful day for this particular system(Wednesday was fine too following the economic data). I establish a sell stop order on Thursday night before going to sleep and it was be an ideal order. But sadly I missed the majority of the move out of the 100WMA as a result of fear for the bounce. My order took a small 25 pip profit when I was asleep and I found the position shut too early when I woke up on Friday afternoon.

That I am going to try this exit egy next week: '' I shut half the position onto some major resistance/support degree like 100WMA or daily open and then allow another half run with a trailing stop.

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I saw that the close 100WMA on a single chart but a few other pairs were going in precisely the same direction. If several pairs are having a cross in exactly the same time we are taking a look at a large move, (according to BG) so I decided to do it. I guess there were a few contradicting signs there, that is where the optional rules come to play... Anyhow, it was fun watching it go. And collecting the pips.

Can you see a bounce off of the daily open a lot? That was another thing.

Dane

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Originally Posted by ;

I watched that the close 100WMA on one chart but a few other pairs were moving in precisely the exact same direction. If a number of pairs are having a cross at precisely the exact same time we are looking at a large movement, (based on BG) so I chose to do it. I guess there have been some contradicting signs there, that's where the discretionary rules come into play... Anyhow, it was fun watching it go. And collecting the pips.

Do you find a bounce off of their daily open a lot? This was another thing.

Dane

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Yes you are right. That' why I feel this BG process isn't a rigorous and fixed system. With various sorts of filters, it is up to every single person to determine whether to select the sign or not. Same for the departure sign and money management egy. Therefore I believe this WMA cross system as a tool for us to ride together with the tendency rather than a holy grail money making machine.

As for the daily available, I have not seen much about that but if the daily open contrasts with the 100WMA, then we ought to really be careful.

Anyhow, this sytem performed extremely well a week. Let's see what happens. I am definitely going to follow it and we can talk about it in this thread if you want. https://www.nigeriaforextrading.com/...1525162900.png

Happy Trading,
Shi Hong