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Old 09-05-2007, 04:24 PM
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maurizio77 maurizio77 is online now
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Join Date: Jan 2007
Posts: 111
Default Rumour of demise greatly exaggerated!

Hey peeps :0)

This thread isn't dead.

It may seem that way if I myself or others haven't posted for a while, but please bear in mind most of us work in a regular job and have a girlfriend that demands regular time from us, so somethings have to give.

So......what have i been doing?


Well, alot of people have had success with this (thats GREAT by the way) but some of the messages i have had makes it clear that some find it difficult working out entries, exits and take profits.

So, deep below the streets of London in my "Batcave" i have been trying to make things a little easier for everyone....especially the newbies.

So i set myself a goal of streamlining the system.

I wanted to use less indicators and catch the bigger moves.

Those who use this system on a regular basis may already have noticed what i am about to post.....But i want to do it anyway as i think it would be a good start to anyone just getting into Forex.

This system uses three indicators aside from the EMA's.

Slow stochs....set at: 18, 3 ,3.
CCI set at: 25.
Bollinger bands set at: standard, 14, 2.0.


Now, the main entry is still the EMA cross. But what i am trying to achieve is a more reliable entry, exit and take profit stategy.

It may take a bit of practise and getting used to, but i think it is worth it in the end as i have has alot of joy with this in the last few weeks of testing and real-money trading.

For those new to this thread, i am not the kind of bloke to post an "idea" or "theory"..if i have not tried it, tested it and made money from it, i simply won't post it....or what i say just wouldn't be worth a ****.

So, have a look at my next post to see what i have come up with. :0)
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