Ema Step System.

[UberPip]

Hi Guys -

Today was my 1st day of focusing exclusively on the EMA Step system and it was a great learning experience on a number of fronts.

My plan starting off was to trade only as a "Conservative Trader" as described in the Ebook. That rule was all to quickly forgotten after making pips on 2 consecutive trades.

Before I knew it, I had open positions in GBP.JPY, EUR/USD and GBP/USD, and was also trying to ride one of three like the "Assertive Trader," up to the next timeframe.

Ok, so at least I know that discipline will be one of my first and foremost priorities.

The good news is that despite getting caught in 3 different fake outs later in the afternoon, the day still netted positive pips based on my first 2 basic, conservative trades of the day.

I am trading a demo account with only $1000 to simulate a more realistic trial entry into the market later in the year. It's amazing how worked up I can get over trading demo pips with a value of $0.25! But hey, +4% for the day is a start.

[pierre23]

160pips profit for the day? Nice work

[UberPip]

Didn't get quite to 160, although with my over trading in the late afternoon, I certainly tried.

I think in my last post I phrased things unclearly.

I started my demo with $1000 a couple of weeks ago, when I was jumping around amongst 3 or 4 different systems and ideas.

Today, with my balance at roughly $600, I started concentrating only on EMA Step.

End of day I had around 96 pips. Wish I hadn't given so many back.

[konstantin]

maurizio77

Hi
am following this with interest
could you please e-mail me the ebook ; kconstantin@hotmail.co.uk
thanks and good trading

[antomi]

Originally Posted by maurizio77

OK, i am about email the EBook to all those i think are after one.

Uberpip was kind enough to put a copy of it on rapidshare...........but the post has been deleted so i think the moderators wern't happy with it.

I have no truck with that, the moderators do a great job in bringing us this site, so if those are the rules so be it.

Please bear in mind though, if i have missed anyone out, just be patient and let me know your email again. Its all getting a little confusing who i have sent this to and who i havent........so if ya get it again in your inbox i appologise.

Hi Maurizio77,

Thanks for the great stuff you are sharing with many others.
I'm also following this thread and I would appreciate to recieve your ebook.
Here is my email-adress:

forexantomi @ googlemail . com

Thanks in advance

Antomi

[baby24]

Originally Posted by maurizio77

Hi Baby.

Yes i use other systems.
....
I haven't put them on here because a) The EMA STEP gives me more pips to the penny and B) because it would convolute the thread.
...-

Maurizio, thanks for your kind reply. Just wanted to know your final verdict on the the 30 min james system you mentioned in the first post of this thread.

Thanks

Baby24

[maurizio77]

Originally Posted by baby24

Maurizio, thanks for your kind reply. Just wanted to know your final verdict on the the 30 min james system you mentioned in the first post of this thread.

Thanks

Baby24

Its a good enough setup and works fairly consistantly, the problem i found was that i was spending most of my screen-time looking at the EUR/USD..........missing out trading The EMA STEP on my favorite currency which is the Yens.

Trading is purely down to personal preference and trading style, whats right for one is wrong for another.

Find a way to trade that suits you and your style, time & capital.

[jon888]

Would you be so cool to send me a copy of you Ebook.
Cheers,
Jon

jon@jonfroggatt.co.uk

[maurizio77]

Originally Posted by UberPip

Didn't get quite to 160, although with my over trading in the late afternoon, I certainly tried.

I think in my last post I phrased things unclearly.

I started my demo with $1000 a couple of weeks ago, when I was jumping around amongst 3 or 4 different systems and ideas.

Today, with my balance at roughly $600, I started concentrating only on EMA Step.

End of day I had around 96 pips. Wish I hadn't given so many back.

You are ME about 18 months ago!....THOSE EXTRA PIPS!!! "If only i hadnt been greedy and gone for a few more trades!"

Trading often seems like two steps forward one step back............seriously i feel like that soooooooooooo often!


Dude......You didn't give them back, you traded safely within your risk tolerance...and walked away from the day in profit with your capital not only intact but increased.

You should be smiling my friend, enjoy what you have, don't regret what you lost.......or you will always be looking backwards into the past looking at your losses....perhaps feel a little low about them and possibly overtrade as a consequence.

If you win alot in the morning, walk away, go have a pint, spend some time with the ppl ya love.........mission accomplished


Have you ever been in a bar and watched someone playing the fruit machine?
When someone who kinda knows how to really play them comes along, they'll pump money into it until it "drops" flooding the bar with the sounds of coins hitting the collection tray underneath.

Now, they have a choice here, walk back to the bar, and get those coins changed into notes and buy ya mates a drink..........OR .......put it all back in, in the hope that it might "drop" again?

How many times have we seen someone put it allllllll back in, and end up walking away with a disgusted look on their face and a slimmer pocket?


If you manage to "drop" a trade, be wise, walk away....................and buy your mates a beer

[bacoazul]

hi maurizio, im just start reading this post, i use the fxcm plat, but i can't put the 1ema, can you tell me how i put the 1 ema in the fxcm plat?