What do you think about this???
Only 20 EMA about the daily chart.
The price break the EMA from beneath verse above is LONG sign STOP reduction is x ray pips mine at the valor of this EMA.
Price break the EMA from above mentioned is SHORT sign STOP reduction is x pips plus at the valor of this EMA (x pips depends of the cross... )
once the transaction go positive, the discontinue move at the valor of this EMA.
So simple and the risk is significantly much more more contained.
John its superb reading your journal you being one of the oldest (2005) and wisest members in here. Please remember posting ur journal in 2009 its an inspiration for the rest of us.
Which pairs can one trade using this system?Originally Posted by ;
humm.. I am stay studing when take profit... I believe that now is only money management, becouse the sistem is to much simple and stupid
But I believe that the risk is more more conteined. So I enjoy trade with risk near at the
In my opinion trading is only management of their risk. .
humm. . I'm stay studing when take profit... I believe that today is just money management, becouse the sistem is to much simple and stupid
But I believe that the risk is more conteined. So I like trade with risk near at the zero
In my opinion trading is simply direction of the risk. .
Hello !
Nice Strategie. Totally K.I.S.S....
You have some performance results from the previous x month for us?
What currency-pair do you prefer?
Happy new year a lot of success.
Any re-entry rules or do if above/below that the EMA of the day close, you just enter position?
Yes candel near abovebelow the EMA, and I enter.
Here's a similar method 88 cross system and for the stats you can click on the my diary 2008 link below...
Please could you explain clearer the SL?
Due
1. Entry is shut above/below that the EMA.
2. S/L = (Entry candle near - worth of EMA) x2?
3. Move the stop to the value of the EMA when the transaction goes positive?
4. TP is to be determined?
Can I have it correct?
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