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Old 05-06-2008, 04:03 PM
pippy longshorting pippy longshorting is offline
Newbie
 

Join Date: Apr 2008
Posts: 11
Default yup

Hi Steve,

I am still having luck with this system. Watch lower timeframes to try and time your entries and exits.

I have been looking at bolinger bands on top of the emas, also, which has been helping me pick profit taking points.

Stick exactly to the system, don't try to get in early and don't be greedy with it.

Quote:
Originally Posted by stevefromnaki View Post
People still making money using this system? Kudos to Maurizio for the system.

I read the start of it last year but was too busy system hoping to make a real go of it. Am going to stick with it this time. If there any other newbies like me reading, then stick with one system, this one .

Was reluctant to trade today with Japan on holiday for Childrens day, but saw it as an opportunity to catch a small downtrend because of it.

I caught a down wave with GBP:JPY, perfect line-up at 8:15am GMT with stocs heading to 75 from above, CCI above +100 and decreasing, and a MA crossover after hitting the top bollinger band Got in at 207.90, got out a bit early with 10 pips (my weakness ), was a total of about 75-90 depending on exit level.

Also caught a 9:15am GMT EUR:USD 20 pip movement to the downside

Was not paying enough attention to a simliar move in EUR:JPY, but as a newbie I didn't mind as I didn't want to have too many trades on simultaneously to monitor, not until i am more confident of grabbing pips with this system.

Tomorrow is another trading day with more opportunities.

steve
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