the 21 EMA system. Simple but it works.

[pippuller]

how do i calculate the percentage....when i open a position it says I have 60% free margin...what exactly does that mean?

[velho2008]

Hello pippuller!

If you want to learn more on how to trade only on Price Action you have to have a look on this tread

What Every New & Or Aspiring Forex Trader... Still Wants To Know

Good Luck and Good Trading

[medisoft]

how do i calculate the percentage....when i open a position it says I have 60% free margin...what exactly does that mean?

If you have 60% free margin with only one trade I think your position is huge or your leverage is pretty small.

Read money management in the baby pips school.

[pippuller]

thank a million velho....this is very very helpful info. been watching and learning everyday. thanks

[christinaa]

Pippuller can you please explain how you use the 21 ema
do you just buy/sell as soon as price crosses the ema, or do you wait for the candle to close?
what pairs are you having the most success with?
so you consistently make 15 - 20 pips every day?

[pippuller]

christinaa....it works on anypairs.....all you really need is 10 pips a day....In a choppy Market you will get a lot of false entry....and yes you do wait until the candle closes....and a candle is not a candle until it closes. also test it on the 15M. check out the video on youtube for Inner Circle Trader....someone recommended them....they are great!

[christinaa]

ok thanks for the reply
have you worked out a SL and TP

[pippuller]

@christinaa....not really....I guess a good way is to look for resistance and support at the higher time frame. I'm learning that right now from the inner circle trader video! pretty cool stuff....did you get a chance to check them out.

[christinaa]

pippuller how are you trading now? what did you do to the 21 EMA system?
thanks

[pippuller]

Hi christinaa....i was off the whole month from trading.....it's a good to take a break once in a while.
I've been looking at the 1H chart with the 21 EMA...looks very interesting. if you pull up the EUR/USD for example
and do a 1H and a 21ema.....it looks amazing. Let me know what you think?