New entry at 229.19
SL: 40 PIPS (2 x ATR)
Regards,
E. Lang
We keep in watch of historical R >> 229.70 and 229.60
Regards,
E. Lang
We may consider exits at a break below 228.60
No entry, RSI is not below 50 despite the closed under 50.
NO reverse signal.
Regards,
E. Lang
The 5 minute candle closed under 50 EMA but RSI was above 50, no exit.
New signals short are with closes under 50 EMA + RSI less than 50.
We hold long.
Regards,
E. Lang
We can trade this system on H4 and D1 and not have to bother looking at all this crazy price movement, but trading on M5 will really get you to know the system and simplify the process of trading on higher frames later.
Regards,
E. Lang
Close and Reverse / SL = 2 x ATR or new signal (SHORT ENTRY)
Regards,
E. Lang
We may need to Close and Reverse our short trade.
You can either enter immediately, or wait for a break of the last High point so we can confirm a new Bull Trend by Dows’ theory.
Whatever you find safer.
Stoch. cross on H4 looks promissing, looks like we might be in for a good ride. soon enough.
If the two loosing trades we had today on M5!!! bother you, then you have no business trading at all. 
- you may be better off selling oranges or something 
We will probably have a long signal on the next candle.
Use ATR for your stop loss on another entry signal, or Manual Trailing if the trade starts to trend.
Regards,
E. Lang
Looks like we finally caught the right signal.
I expect a long ride based on Stochastics and RSI on H4 + the 1 doji.
This just goes to show how early we can catch reversal signals with this.
If there is any other system you know that can catch them earlier, you are probably very rich
YES. We had 2 loosers during the consolidation, but this will happen, despite that we continue taking the signals, like i said price will normaly bounce in a range from 2 to 6 times before breaking out.
Up 55 Pips
Regards,
E. Lang
SL is now the Low >> 228.63
I’ve disregarded my ATR stop after the break of the high and Manual Trailed my SL to the 228.64 low.
I’ve set an Automated Trail for 150 Pips.
When i get up tomorrow i will see what happened.
Overall today
(M5) -26, -46, -29, +100
(H4) 160 (closed based on Exit Optimization / RSI + Stochs)
Total: +159 Closed / +40 Floating
Regards,
E. Lang
We may consider Manual Trailing our SL to ~229.84
Floating Profit since our entry at ~229.03 is +134 Pips making todays trading session:
(M5) -26, -46, -29, +100
(H4) 160 (closed based on Exit Optimization / RSI + Stochs)
Total: +159 Closed / +134 Floating
Keep in watch of historical Rs: 230.50 >> 231.20
Regards,
E. Lang
Consider closing at 231.20 based on market reaction.
Break of 231.20 !!!
Floating +215 Pips.
Regards,
E. Lang
You may consider Long exits at 230.73
I’m out with +183,
(M5) -26, -46, -29, +100, +183
(H4) 160 (closed based on Exit Optimization / RSI + Stochs)
Total: [B]+342[/B] Profit for today
NOTE: I won’t be trading anymore for the time being as i need to go out, but i will be back today at 23:30 GMT+3 (Bulgarian Time / EET) - i will hold another session like this then.
The system works, trade it and if you traded with me today, go buy yourself something nice 
Regards,
E. Lang
230.57
SL 2 x ATR
Hi Elang,
Thanks for your beautiful systems.I always follow them and they are fantastic.
I was wondering ,is there any way to inform us with your trades thru skype?
My username is mike1349.
I already added you but no respond.
Regards
Mike