Ema Step System.

[wattsfx]

Hi there,

I´m seeing that GBPJPY is on a daily cross candle. Could someone advice me if I can try an entry at the begining of the next candle?

I ask someone to write a review on how to use the system for persons like me that are just to start using it and don´t have the time to read all pages of threads passed.

Rgds

[4xStar]

Originally Posted by wattsfx

Hi there,

I´m seeing that GBPJPY is on a daily cross candle. Could someone advice me if I can try an entry at the begining of the next candle?

I ask someone to write a review on how to use the system for persons like me that are just to start using it and don´t have the time to read all pages of threads passed.

Rgds

You don't have TIME?? Maurizio spent hours writing detailed explanations and answering questions and most of us have spent hours reading it all to understand it properly.
If you want to learn how to use this system, I suggest you create some more time .. and start reading. It is all here in this thread.

[maurizio77]

Excellent set up today on GBP / JPY.



100 pips so far, has met the central BB line, lets keep an eye on this....if it breaks we're laughing. If you look at the USD/JPY and the EUR /JPY they have already crossed the central BB line, if GBP/JPY follows suit i think prices will rocket.

Approaching support though so as i say, keep an eye out.

If you don't like the uncertainty, get out now while ya still in decent profit.

[SEEpip]

Originally Posted by 4xStar

You don't have TIME?? Maurizio spent hours writing detailed explanations and answering questions and most of us have spent hours reading it all to understand it properly.
If you want to learn how to use this system, I suggest you create some more time .. and start reading. It is all here in this thread.

Exactly, I recommend reading it twice . FX is no easy money. Its research, testing, and retesting, then repeat. Dont expect too much, if you dont want to invest the time, TO LEARN. I can give you a quick dollar if you need one , but dont expect the FX to give you one.

If you DONT HAVE THE TIME, then put your MONEY on the Tampa Bay RAYS to win the World Series, you will have better odds.

REGARDS

[4xStar]

The G-Y is being a huge tease today .. so what else is new?
Looks like you are using the 14, 3 setting on daily BB Maurizio, is that correct? And if price crosses above the center BB line on daily, that would be your confirmation of an up move (if stochs & volume confirming I assume).
I agree the next move up could be huge and all 3 jpy pairs seem to be 'chomping at the bit' ready to go .. but in Forexland, ya' never know...

Also GBP giving a strong reversal (back up) signal on the daily which could further power the G-Y move up. We shall see

[4xStar]

What a difference 2 days make .. now G-Y looks down and the step EMA more biased to the downside, also on the 3 hour. The Malaysia guy who writes about the G-Y in the Cross Pairs area also sees it as completing a down wave maybe to 199 or below. What a gift!

Next week is .. another week. We shall ride the waves and hopefully survive & prosper to ride them again

[maurizio77]

Wait for the right set-up.....................easy money.



Am gonna be drunk again this weekend

[ThrowingCopper]

First off, we started off using an EMA of 1. LOL.. You need more than one sample in order to calculate an average of anything. As the thread went on we got some threads on this topic. "X marks the spot"..LOL.

Still more time passes and people start loosing. According to the original system:

I have RSI (14), Slow Stocs (14, 3) and CCI (20) up too, this is just my preference, i use it to try and predict when a cross-candle will appear.....for this system i don't really need them.

However, now the system starts growing more complex and is changing. The latest is some combo with Bollinger Bands. As people report more losses, the system will start changing yet again…lets see, something like this: “Ok, I am calculating the BB widths by taking my shoe size and dividing by my body weight- forgot to mention that.” Some of the sheep will continue to follow and finally it will die…like so many of these other threads.

I don’t know why people do these sort of things beyond the need for attention.



easy money, getting drunk tonight my peeps ....LOL!!!

[maurizio77]

Originally Posted by ThrowingCopper

First off, we started off using an EMA of 1. LOL.. You need more than one sample in order to calculate an average of anything. As the thread went on we got some threads on this topic. "X marks the spot"..LOL.

Still more time passes and people start loosing. According to the original system:

I have RSI (14), Slow Stocs (14, 3) and CCI (20) up too, this is just my preference, i use it to try and predict when a cross-candle will appear.....for this system i don't really need them.

However, now the system starts growing more complex and is changing. The latest is some combo with Bollinger Bands. As people report more losses, the system will start changing yet again…lets see, something like this: “Ok, I am calculating the BB widths by taking my shoe size and dividing by my body weight- forgot to mention that.” Some of the sheep will continue to follow and finally it will die…like so many of these other threads.

I don’t know why people do these sort of things beyond the need for attention.



easy money, getting drunk tonight my peeps ....LOL!!!

Well, thanks for your input.
The BB were introduced to help ppl define tops and bottoms. If you read the entire thread you may see where i was coming from.

I am not gonna rush to the defence of this system, if you don't like it, don't use it.

I am happy with it, it makes me money .....and that was the point of showing others how to do it.

If you have any experience in Forex you will know that each person has their own style and preferences in trading, just like everything else, what is good for the Goose may not be good for the Gander.

I make roughly 150-600 pips a week with this system...depending on market movement.

Why don't you take the time to share with everyone your system......as it is obviously so much better than everyone elses.

We all eagerly await your reply.

[Sweet Pip]

Originally Posted by ThrowingCopper

I don’t know why people do these sort of things beyond the need for attention.

That's what I wonder too when out of the blue someone feels they need to make posts like yours!!