Complex trading system #4 (Trend trading with EMAs)

hello edward,

Im following and using this strategy for 1 week but i've got some confusion in entering the trade...i noticed that we shouldnt enter long when 13EMA is still under 21EMA eventhough both 3EMA&5EMA already crosses both EMA(13&21)..so am i right?can i just enter the trade or should i wait for 13EMA to be on top of 21EMA?

Thank you,
Azim

Ohh i forgot to upload the picture for better view on it...here it is...

ooops,sorry edward

according to my picture its the opposite..i mean im about to take a short position=D

Hi Azim,

Since 13 EMA is still on top of 21 EMA, you can't enter a Short position just yet.
The market is in the unknown territory, e.g. can easily resume an uptrend, or it might be slowly reversing to the downside. Either way, the conditions for a Short trade are not met.

Kind regards,
Edward

Hello again Edward,

In the first page image,you said that"This strategy is capable of under 'favorable'trend changing conditions"

So i hope u mean by "under 'favorable'" is during ranging market?

hee~ sorry for asking silly questions, i'm just kinda curious and hoped that if this strategy works on ranging market, i'll just stick with this method..i dont mind though if it losses during this condition as long as it limit my losses=)

Cheers,
Azim

Hi Azim,

in this case its a correct statement - the conditions illustrated on the screenshot on the first page aren't very favorable - a lot of pullbacks, crosses etc.
So, the purpose was to show how still WEll the strategy works in those tough conditions. Meaning that even if the market start to range, you should be able to do fine, without major losses while using it.

Kind regards,
Edward

Hi Edward,

wow thats cool, i did looked at the past chart,it seems to be doing well in ranging market too. well although it has some losses(of course), but it minimize it.i was asking just for confirmation,hee~

sorry for my bad english

regards,
Azim

Good morning Edward,
You have said you traded this system live for a while.. and since Ive been trading a system all most the same I was just wondering how where your results I.e. whats was your winning % how long did you trade it for live when you where doing it!
For any one else this system is the only system I find that you need to make a very nice living from!