EMA 25-50 Trading System (Detailed)

capt.findus · October 10, 2007, 7:57am

hi

are you sure about the signal long eur/usd you give at 11.00?

it seems like that’s the turning point

bye

elang · October 10, 2007, 8:22am

If i was “sure” i would be richer than Bill Gates, my friend, that word is inexistent in trading, it is an illusion.

Regards,
E. Lang

capt.findus · October 10, 2007, 8:29am

!!
ok i’m a noob

Vatslav · October 10, 2007, 9:19am

Looks like Mr. Elang was right [U]again[/U] regarding EUR/USD.
I am allready up to 21+ pips so far

lordginger · October 10, 2007, 9:47am

Hello everybody,

    I just wanted to say Mr. effilang that you open a lot of positions at the same time, and the poor newbies follow your signals without knowing what money management is ! And as you maybe know it's the most important thing to becareful of in trading, your system is good but I see that you ignore the importance of money management !

Regards.

Vatslav · October 10, 2007, 10:53am

lordginger:

Hello everybody,

    I just wanted to say Mr. effilang that you open a lot of positions at the same time, and the poor newbies follow your signals without knowing what money management is ! And as you maybe know it's the most important thing to becareful of in trading, your system is good but I see that you ignore the importance of money management !

Regards.

Did you read the first page?? Look at slide nr. 5 please
http://img184.imageshack.us/img184/3623/p5rc0.jpg

lordginger · October 10, 2007, 11:08am

Thank you for remembring me this, but I think that this is insufficient because it’s not money management, it’s just the trade management, (how to ajust stop losses and take profits), but the money management is another thing:)

ChuckNorris · October 10, 2007, 11:33am

dolsen:

First of all Chucky, you have a total of 12 posts on this forum and if I am not mistaken they have all been to criticize Effi. You keep mentioning his thread at Forexfactory but I noticed that you didn’t have the guts to criticize him in that thread. The reason for this is simple - you know you can get away with it here because admin doesn’t care if you slam people for no reason. I dare you to try this at Forexfactory - I will be watching for your post LOOOOL. See how long you last.

It is painfully obvious to even the most casual observer that either:

A) You haven’t taken the time to read the whole thread and follow the signals in real time. This is suggested from your lack of understanding of his entry signals - he didn’t reverse 4 times on the same currency yesterday - most of those entries were never met.

B) You are not the sharpest knife in the drawer.

C) You’re just naturally small and vindictive.

Effi has a long and distinguished history here at babypips and everyone here knows it (with a few ignorant exceptions.) He will also be back on the site that you say he was banned on in another day or so.

Effi has too much class to respond to most of your senseless drivel and I applaud him for that. If you and the others that are hijacking this thread had a tiny fraction of the class that he does you would go of in a corner somewhere and create your own little “whining” thread and leave those of us alone here who appreciate what we have learned from him.

I know your type though - and it is useless to talk to people like you in most cases. You are the type of person that has such a low opinion of themselves that you have to put someone else down in order to feel important. The proverbial playground bully.

I feel sorry for you. You are just pitiful and really beneath contempt.

Have a wonderful day!

dolsen

My friend you wouldn’t know a good trader if you saw one…afterall you believe in Indicators to tell you what to do next…

Maybe one day when you learn to read charts and study the markets then you will make money trading forex…but for now you will just be a begger picking up the crumbs falling off the table…relying on mr.Effilang to guess the market for you…

ps…if you read my posts you would have noticed that i gave two sound trades…based on years of experience…whereas mr.Effilang gives you a long ans short trade on the same currency without telling you which one is a trending trade and which one is a correction…Do yourself a favor and next time ask him why he proposes the signal he gives. That why you can establish wheter or not he knows the logic and fundamentals behind a signal…But to tell you to enter a trade just bacause a candlestick opened or closed above or under a 50ema is guessing…Do you really think the market cares wheter you have a 50ema or not???

On friday there was a perfect example of this…after the NFP everyone expected the dollar to gain some strength…and start the corrrection afterall all indicators said the eur/usd was overbought…however a big German bank decided that once the dollar fell 50-100 pips it was a good buying oppertunity…and who would not buy cheap dollars right now…( i was also looking for an oppertunity to buy cheap dollars and i got it…so my friday trade is up 200 pips…or $20 000…and i am riding it to 1.4500)…and that is why the eur/usd shot up to opening levels and kept on going ever since…no matter how many indicators you use…the eur/usd is gonna reach 1.4500 level and gbp/usd is gonna reach 2.0600 levels before the end of the year…and that is based on what the market is telling me…it will be suicide to short the gbp and eur right now…and if you cannot see that then you shouldnt be in forex…

But like you say i am not the sharpest tool in the drawer…and i am small and vindictive…and what do i know…

ChuckNorris · October 10, 2007, 11:43am

[QUOTE=elang;25631]I like your Avatar Vatslav lol.

Guessing, Chukie, is what we do in forex. Nobody knows what pair is going where, even people trading money flow can’t always be certain.

As someone who claims to use technical concepts during their trading application you should know that all we do is make intelligent assumptions based on chart feedback information. We gather data to support a “guess” we have in a direction we’ve established as a probability.

Thank you mr.Effilang I rest my case…BUT hy would someone follow your advice if you guess the markets??? Are some “traders” so desperate???

Lemme test you knowledge of forex. This why you can prove to your students how experienced and accomplished you really are…

What is you medium to long term forecast for eur/usd, gbp/usd, usd/chf and why?

And what is the driving force behind usd/cad???

Why would you not trade Jpy right now??

polishpip · October 10, 2007, 12:25pm

Chucknorris, you are, simply put, stupid. Effi gave dozens of signals in the past month before the market moved, people followed it, and he made 3000 pips. His strategy’s work, and your a leech. get used to it.

Even if you are making lots and lots of cash, you arent a good trader. you may like to remember some basics of trading : different strategies work better for different people! TA is NOT bull****! Your forgetting the basics man, dont think that just because your making money and made 2 SIGNALS where you were right and effi was wrong that your better then him in any way.

I think you two are the ultimate manifest of the TA vrs. Fundamentals battle. Both are successful, but for some reason cant see the other side of the equation. your both trading the same thing, TA is just another way of watching what the market is doing and what it will do!

Anyway, thats my say.

PS: if you
dont like him so much why do you post here?

dolsen · October 10, 2007, 12:35pm

Lol. No doubt. I asked that question too and mentioned he could just go start a whole different “whining” thread where he could get people together that really like to bash on Effi. It seems like it would be more fun for him to be around like minded folks. Ah well, he is sort of good for entertainment purposes I guess.

Stingray · October 10, 2007, 12:40pm

[quote=“ChuckNorris,post:394,topic:6099”]

Hey Chucknorris,

I wonder what u are play at :rolleyes:

I guess we all remember this qoute “If Thou be the Son of God cast Thyself down”.
It is obvious that you just chose to be the bad egg.

Effi, pls disregard whatever this joker says, no matter what U say or do to critics, they never change. U don’t have to prove anything to him , if he does’nt like what u re doing, he can shift his grave elsewhere.

Just keep up the good work.

Smith

droog · October 10, 2007, 1:06pm

I’m not taking anyones side here, but Norris was right. Maybe it would be better for him to open his own fred. After what he posted recently I would defo read it.

SNIP>Matthew 4: 7 - Cast thyself down<SNIP Jeez not another one sticking biblical quotes on forex sites. Theres enough of it them over at forexfactory. Keep ALL religion off BB’s.

cheers4now

Bet that gets me a flame…OUCH. ROFLMFAO

ChuckNorris · October 10, 2007, 1:57pm

Well folks i am done here…it was fun but this is getting boring now. Good luck getting signals from a guy who only opened his live account on 08/09/2007…FileDen – Free File Hosting & Online Storage

I guess making millions of pips = $1500 in two months is good money for a 20 year old Bulgarian boy.

Read this link
EMA 25-50 Trading System (Detailed) - Page 40

"Man…

Thanx a lot LLH and PipBull. I appreciate the time you took to write that.

It just seemed like i could learn so much from them, or maybe it was just another psycological couchon i was relying on as an excuse not to take things fully into my own hands… i don’t know. It’s a pip - pip world out here, it’s not easy.

I work two jobs and trade the fx at the same time plus study… I admit i do get a little confused myself sometimes.

I guess i should just be a little more patient and perhaps, put more trust in my methods, they seem to work once in a while

I guess its back to work then

Thanx, guys.

Regards,
E. Lang

PS: I drank that beer and did go to bed!"

gomerpip · October 10, 2007, 2:55pm

howdy y’all

gomerpip hear

i be athinkin that is a demo account.

me thinks he dos not have a live account

he be havin many demo accounts

elang · October 10, 2007, 4:04pm

You quoted me on the exact same quote you posted on ForexFactory, even though a handful of pro traders and globaly renowned mentors handed your ass to you after you did ? lol

Ok, and now we’re getting racist too, you sure are something

Either way. Nice having you round my Chukie boy.
Feel free to pop in to Forex Factory and say hi now and then, will greatly miss your umn…: “refreshing” presense.

Regards,
E. Lang

wuzupeverybody · October 10, 2007, 6:52pm

wuzzzupeverybodyyyy

uh yeah
i just read that thread. Even though chuck norris is very rude. In that thread it looks like he was right and even the moderators agreed with him because they banned you so i dont know why you said handful of pro traders and globaly renowned mentors handed your ass to you.

If anything its the other way around because you got banned.

elang · October 10, 2007, 7:04pm

Doesn’t look like you read anything at all so stop talking trash little man. The ban has already expired.

Regards,
E. Lang

wuzupeverybody · October 10, 2007, 7:14pm

it does

here is one of your quotes

No problem, this will be my last post untill the 11th of October… unless i get a second chance

See you in 2 weeks everyone.

Respectfully.
E. Lang

CONTACT ME
"One Grows Tall After Walking Through A Forest Of Tall Trees

You even put a beggers symbol on it

because you were begging for forgiveness

elang · October 10, 2007, 7:22pm

Get a life.