Some of my thoughts + Trading System

still can’t find the answer…

I strongly recommend that you trade using a time fram of 30 Minutes or over using this system, anything below that will produce extremely volatile and misleading signals.

Trade it preferably on: GBP/USD, GBP/JPY, USD/JPY, USD/CHF, EUR/USD

Regards,
E. Lang

Hi Mr. Lang…I noticed in your Zip file you still talk about the 5, 10, 20 and 50 EMA’s but just a couple of days ago mentioned know we’ll use no Stoch/RSI and the MA’s are now 6EMA and 13SMA…

I just want to make sure I am on the right path and wonder why the change in EMA’s though they are very similar?

Thank you…Joe

Hello there,

I might have made things more complicated that needed when creating the tutorial for that system.

I am writing a new one now which will be easy for ebsolutely everyone to implement.

I will be posting it soon, it will be based on the same system we made 800 pips with in just a few trades.

Regards,
E. Lang

Hi elang,

Could you please attach your system indicators and MT4 Template? As I have difficulty to set it.

Regards,

I would love ur updated indicators too. Can u please attach them?:smiley:

Hi Elang,

Sorry if Im covering old ground here, but I simply dont have time to read all of what has become a voluminous (and very useful) thread.

I have a few questions. Firstly, what is your typical weekly pip haul with this system? Secondly, what drawdowns are typical? Thirdly, whats your win/loss ratio?

Seems very promising, thanks in advance.

We are missing you :slight_smile:

Well tag along sometime:

Yahoo ID: effilang

Regards,
E. Lang

dobra strategiika si si napravil az bih preporachal drugo no nai vajno za edin trader e da ima rezultat ot vsichko koeto pravi a shtom pri teb ima bravo.;]Pisha ti taka zashtoto vidqh che si balgarin dori ot varna az sam ot dobrich i ser se zanimavam s forex kato teb.Ta za strategiikata bravo radvam se che si otkril neshto koeto da dava rezultati:P) happy trading :):stuck_out_tongue:

zdravei,

radvam se da vidq drug bulgarin tuka. Az sam malko mix no pak 50% Bulgarin:)

Tazi strategiq tuka ot dosta vreme veche ne sum q upotrebqval.
Sled mn izharcheni pari v kursove i kvo li ne oshte i v suvkupnost ot lichniq si opit reshih che nqma smisal da se trade-va na frames po malki ot H4.

Lichno vsichko mi e na D1 ne sum slizal ot tam ot nqkolko meseci, i rezultatite sa strahotni. Respektivno po malko trades monthly, no mnogo po sigurno.

Shte se radvam da talk v realno vreme, mislq che messenger ID-tata sa mi navsqkude tuka.

Blagodarski
Effi

Zdravei sajelqva mza kasniq otgovor no 4ak sega zabelqzah che si pisal.Mnogo bih iskal da si kontaktuvam s nqkoi balgarin tai kato te sa dosta malko tuka.Ako imash skype ili neshto podobno shte mi e mn priqtno da si pogovorim.A za taq strategiq koqto izpolzvash i puskash signali mislq che e neveroqtna.Nai vajnoto e che ti dava rezultati.Az do sega izpolzvah tuka samo s 5 i 15 minuti no veche totalno se otkazah tai kato do momenta samo gubq.I mislq kakto ti si napravil da se orientiram kam 4h ili neshto po golqmo.Ako iskash i imash vreme shte se radvam da si pogovorim.To nie sme i samo na 50 km raztoqnie.Ochakvam otgovora ti …:slight_smile: chao chao za sega :slight_smile:

Hey Effi. I’d like to ask for something, I hope it’s not a big trouble.
since this thread is like the biggest thread in the world, it’s quite hard to follow all of the development your system has been going through.
is it okay if I asked you to write down your system again after all the tweaking and adjusting so that I don’t have to go through 28 pages to do it myself? :stuck_out_tongue:
I know it might be a big thing to ask, but I’d really appreaciate it and I’m sure others will too.

thanks in advance.

Parsush.

E. Lang, is this the only system you use on a daily basis? Thanks for the post. A lot of cold truth in what you had to say about trading the Forex!

This thread should have caught penicillin by now.

Go here:

EMA 25-50 Trading System (Detailed) - Page 58

which emas do u use ? for close ?

You are just exactly right. I am going to remember and been obsessed with this forever! :):wink:

Couple things I disagree with. Maybe they’ve already been discussed but this thread is 30 pages :smiley:

  1. Trade Pips not Money
  2. 10 Pips a day is good
  3. 20 Pips a day is great
  4. 30 Pips a day is awesome

10, 20, or 30 pips a day might be good, great, awesome, or none of the above. If you risk 1% on a trade and the appropriate stop loss for that trade is 10 pips, then a 20 pip gain is great – you just made 2%. If your stop was 30 pips, then a 30 pip win means you made 1%, and one loss would wipe that out.

Someone might say “I only trade once a week, but it works out because I make 300 pips on that trade” – well, if their stop loss was 150 pips and they risked 1%, then they only made the same 2% as the guy above who made 20 pips – and it took all week rather than an hour.

I think people get too caught up in terms of dollars AND pips. All that matters is the percentage gained vs percentage risked.

  1. Don�t withdraw all your money from your account, compound what you can and aim to exponentially increase your lots while keeping your Pippage the same.

Personally I think you should only keep enough in your trading account to make sure you have a comfortable buffer against any margin calls – which should never be an issue anyway, with proper MM. You should have the money compounding, I just don’t think it should all be in a place as relatively unsafe as a forex broker. Have the money set aside – i.e., don’t spend it, and have it there to back up the size of the trades you’re making – just somewhere a little more secure.

Elang I’ve Read This Thread Over And Over Again And I Have To Say This Is By Far The Best Thread I’ve Read. I Think It’s Amazing How You’ve Shared Your Trading Techniques. By Far One Of The Best I’ve Seen. Its Members Like You That Make Me Feal Like I Should Be Paying For Such Great Information. Thank You

I know exactly what you’re talking about Elang.

This thread is one of those threads that highlight the main core and reason we are all here.

I’m subscribing to this thread, even if no one has posted anything new, simply because the thoughts and insights you mention are so very critical to the very core of what a successful trader is comprised of. I am one of those who aspire to this and for those of us who truly want to succeed, may success come with our steadfast and unyielding determination to achieve prosperity and success.

May we all earn the prosperity and success we seek!