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turtlefan replied Jun 17, 2008BP, You do know the EMAs are 5 & 13 not 5 & 8, right? Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Yep, both EURUSD and AUDUSD just triggered BUYS on the 1H. Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Yes. My EA took a GBP/JPY trade about 3AM ET but it immediately reversed because of some inflation news from the Bank of England (-42 pips there). I also am in a EUR/CHF trade right now that is profitable (currently up about 30). My EA took that one ...
The art of Trading MAs
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turtlefan replied Jun 17, 2008Not quite yet. At the last 1H candle close, the 5 was still a hair under the 13. Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Roselyn: Yes, this is a good setup. Wait for candle to close after cross, though. Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Maybe we need to build in a filter to avoid taking trades and/or placing protective stops around news times for various currencies. Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Dani, I use one that I created last week. It is still a work in progress, but the basics seem to work well. It opens and closes trades without issue. Scott
The art of Trading MAs
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turtlefan replied Jun 17, 2008Well, this trade didn't end up too great. After being up around 50 pips initially, I ended up losing 54 (that includes the spread). I am still wondering if a trailing stop is a good thing to implement. I would have gotten out with at least a few ...
The art of Trading MAs
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turtlefan replied Jun 16, 2008BP, Do you see the COG indicator listed under "Custom Indicators" in your Navigator window? Scott
The art of Trading MAs
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turtlefan replied Jun 16, 20081H TF. I think a large spread becomes less of an issue on the 1H and higher timeframes. As endroute says, we're looking for the bigger moves here. Scott
The art of Trading MAs
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turtlefan replied Jun 16, 2008First trade of the week — Guys, We just got a valid signal (I believe) on the EURCAD pair. Correct me if I am wrong, endroute. I just bought it, so we'll see how the trade goes. I've attached the chart at the time of entry. Scott
The art of Trading MAs
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turtlefan replied Jun 16, 2008Today — Endroute, If you can, please post any trades you are taking as they occur. Am I correct in saying there have been no valid trades on the 1H TF as yet today? The EURGBP had a cross, but now that the COG has repainted, none of the bars ...
The art of Trading MAs
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turtlefan replied Jun 16, 2008Noone suggested that we couldn't "take this information in" or that people should be scared to share their ideas. Those are strawmen. Hey, I welcome new ideas and even variations of this method. I would love to hear Roselyn talk more about her ...
The art of Trading MAs
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turtlefan replied Jun 15, 2008No problem. Thanks for the response. Scott
EMA 25-50 Trading System (Detailed)
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turtlefan replied Jun 15, 2008Amen! — I was thinking the exact same thing, Dani. Out of respect for endroute and his original system, if people are going to be adding a bunch of indicators and other stuff, they need to start a new thread because at that point it becomes a ...
The art of Trading MAs
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turtlefan replied Jun 14, 2008Whoa... you just took a very simple system and made it complicated.
Just how much better results are you getting with it? Scott The art of Trading MAs
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turtlefan replied Jun 14, 2008Well, the only reason I asked was because the very first couple of posts of this thread (the original system) clearly stated the signal is the crossing of the EMA 50. Thanks, Scott
EMA 25-50 Trading System (Detailed)
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turtlefan replied Jun 13, 2008If you don't mind my asking, how did you fare this past week, endroute (wins vs. losses, net pips, and did you trade mainly 1H or 4H or a combination)? Also, can you quantify how many bars back you will allow for a cross of the upper/lower green COG ...
The art of Trading MAs