http://forexforums.dailyfx.com en Sat, 21 Nov 2009 23:59:53 GMT vBulletin 60 http://forexforums.dailyfx.com/images/dfx2009/misc/rss.jpg http://forexforums.dailyfx.com http://forexforums.dailyfx.com/gbp-jpy/113887-5-minutes-profitable-gbpjpy-system.html Wed, 21 Oct 2009 05:17:42 GMT First , i hope all of you can try it out and give... First , i hope all of you can try it out and give me the result that you can catch.
this system only suitable for GBPJPY only and i have back test it and i get 90% of winning trade and forward test and i get 22 winning trade out of 25 trade but due to i cannot adjust my emotion so i lose it.so here it is important to control your emotion if you want to use this system because in a whole day it can be 5 trade!!!!




TIME FRAME : 5 minutes

Currency pairs: GBPJPY

SETTING: EMA 10 AND EMA 26

BUY: When 10EMA crosses the 26EMA upwards and the EMA difference is 8 pips or greater.
SELL: When the 10EMA crosses the 26EMA downwards and the EMA difference is 8 pips or greater.

CONDITION ONE : when there is a buy trade is emerged (I call it as signal bar,when the price between the two EMA was separate is at least 8) and cross up ,YOU NEED TO WAIT THE PRICE RETRACE AT LEAST 5 PIPS OR MORE OR EMA 10.you only can enter the trade when there have a retrace !!!
For sell trade also same as above but opposite ah!!

THAT ALL.

TAKE PROFIT : IN ASSIAN TIME YOU SHOULD TP 20 PIPS
IN OTHER TIME SESSION TP 30 PIPS
YOU CAN GRAB MORE PIPS WHEN YOU MASTER THIS SYSTEM .TRY IT UNTILL YOU WIN.

STOP LOSS : 40 PIPS

ADDITIONAL NOTE : sometime you need to learn how to close early to reduce the stop loss level.

when you enter a trade and the price after retrace to EMA 26 within 8 candles i say RETRACE TO EMA 26 WITHIN 8 CANDLES.
Adjust your stop loss to 15 to 20 pips and try to break even.

sometime also when a price stop at a price three time you also need to close it early

Don't try to enter a trade near a new announment .

Don't try more than 5% of your capital

don't try to enter two trade in a row except the price stall for 2 hours or more and separate again that is ok. ]]> GBP/JPY weisiong00 http://forexforums.dailyfx.com/gbp-jpy/113887-5-minutes-profitable-gbpjpy-system.html http://forexforums.dailyfx.com/gbp-jpy/79936-gbp-jpy.html Thu, 04 Jun 2009 06:30:38 GMT hello there, Is there any reason that you know... hello there,

Is there any reason that you know of that ... if i made an entry order to come on and set limits why it wouldn't activate it ? I set an order to come on on the dip and set my limits exactly where i wanted to take the profits and as per the chart it has actually gone past the figure so it should have activated it and also as i had only 10k i had enough funds in my account but it didn't activate it and so i have lost that trade without profits...please reply...so frustrated...

thank you kindly
s bharathan ]]> GBP/JPY sbharathan http://forexforums.dailyfx.com/gbp-jpy/79936-gbp-jpy.html http://forexforums.dailyfx.com/gbp-jpy/70819-gbp-jpy-expectation-135-19-thus-far-09-a.html Tue, 07 Apr 2009 01:57:34 GMT Regards... GBP/JPY has ranged from about... Regards...

GBP/JPY has ranged from about 118.82 to 151.56, some 3,274 pips, for 09'
Let X , be price, a Random Variable, probability p=1/2, movement up or down, assume one knows not the next move. Then the expectation for GBP/JPY is
about 135.19. A simple model.
IF year's high(low) is broken then the expec moves up(down).

Thus, the furthest above(below) the expec the bettter a short(buy), since one would expect, price to return to it's expectation(regardless of ema,sma, macd.....).

One (hell of a) trade......Jan 21 to April 6 , I seek moves like this...for each
$25.00 turns to $3,274.00+

http://sites.google.com/site/napatanpics/Home/4x-trends

Again...
Regards. ]]> GBP/JPY Tanutamen http://forexforums.dailyfx.com/gbp-jpy/70819-gbp-jpy-expectation-135-19-thus-far-09-a.html