Complex trading system #4 (Trend trading with EMAs)

Hi Edwards ,

Oh wow . Stangely tho , i do understand your position , there are just some things you don't mess with the Missus with ... :)

How about the next best thing ? Any recommendation on the strategies listed here ? Maybe a top 3 kinda thing ?

Thanks in advance and best wishes ...

::Asri::

It would be advanced #3 and #5

Regards,
Edward

Hi Edward, can you use EMA 20 and EMA 40 to tell current trend direction in 1hr charts.

Yes we can. You may also try 20 and 50 EMA.

Regards,
Edward

Hi Edward

I am using your system "Trend trading with EMAs" for 1 hr TF. It work our pretty profitable. But some times even 3ema and 5 ema crosses the channel of 13 and 21ema,the candle can retract the opposite direction. I enter short @0.9563 at 21/5/08 and time 0044(GMT) i am using ODL broker. My question is can i do anything to avoid the trade? The crosses occur over EMA80. Is that the problem? Crosses above EMA80 only long and below EMA80 short only?

By the way, really admire your hardwork and thank you.

Regards
jimmypippy
email:-jimcsk[at]gmail.com

Hi Jimmy,

That's right. You go only Long while above 80 EMA and only Short below it, other signals should be ignored.

Regards,
Edward

Hi Edward

Thank you for your info. I have been trading everytime whenever the crosses occurs. I am just curious, this method is pretty cool and why are you quiting it? Is there anything wrong with this method or just that this method is not so perfect for you?

Regards
Jimmypippy

Hi Jimmy,

:) your words have touched the fact I've learned about myself recently. Often when I get a question from readers, I need to return and review the strategy, and then I realize how nice the strategy in fact is.

One can't keep everything in the head, we need to write it down somewhere. I use this website to make own notes and also communicate with other traders.
I use many trading methods and ideas posted here and never stop experimenting with new settings. That's why some good methods can be left behind till they find a new application in a much better technique.

Regards,
Edward