MySIMPLE trading system - Page 4

masemus · #31 (**permalink**) 02-12-2008, 10:20 AM

Yeah!
Wanna dance in TF M1? --- just follow d RULEs!

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BUY -- if : RSI 14 & 70 "up" > 50 'n Candle "above" T3MA 21 & 105
SELL - if : RSI 14 & 70 "down" < 50 'n Candle "below" T3MA 21 & 105

TP : up > 15 pips --- use Trailing Stop
EXIT : RSI 14 "crossed" RSI 70 --- as long as a GREEN!!
SL : if T3MA 21 "crossed back" T3MA 105

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USE : EMA 120 as a TREND
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masemus · #32 (**permalink**) 02-12-2008, 12:17 PM

GBP/JPY --- BUY @ 208.65

masemus · #33 (**permalink**) 02-12-2008, 02:16 PM

yup exit @ 209.20 --- collect + 55 pips

....than OP Buy @ 209.20
this time i moved SL to + 8 pips
'n put TP @ 210.95 ( = EMA 120 in TF H4 )

ok c yaa 2morrow,
thx

dirk · #34 (**permalink**) 02-12-2008, 06:47 PM

Hi masemus ,thanks for your system.
I am using 5 min. TF because we have less false entryes, also if we follow the rules at 100% .
look the chart below.......today i did this fantastic trade on eurjpy .....if you check the same on 1 min.tf , you'll see that on 1min. you'll have a lot of false entryes
Thanks again for your work

masemus · #35 (**permalink**) 02-12-2008, 11:15 PM

wew... she touch my TP @ 210.95 (EMA 120 TF H4) but not passed....
i was forgot --- TP it should be @ 210.95 - 7 (spread) === @ 210.88
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o hi, dirk ur welcome
wow... congrat's!!

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ok, hv a nice trade!

hoss · #36 (**permalink**) 02-12-2008, 11:20 PM

Could somebody explain the exits a little clearer to me? It looks as though there are plenty of crosses of the 14 and 70 before you are finally exiting. Thanks in advance.

masemus · #37 (**permalink**) 02-12-2008, 11:57 PM

still open... 'n moved SL + 46 pips

masemus · #38 (**permalink**) 02-13-2008, 12:28 AM

Quote:

Originally Posted by hoss

Could somebody explain the exits a little clearer to me? It looks as though there are plenty of crosses of the 14 and 70 before you are finally exiting. Thanks in advance.

hi, hoss
as long as u got green pips there u can exit! or check it @ other TF (Lower/Higher) 2 c a better --- 'n follow d RULEs
Hope u can find d best way 'n comfortable 4 ur trade!

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trade is art --- just fun!

masemus · #39 (**permalink**) 02-13-2008, 01:43 AM

mostly i use 3 (different) Time Frames to trade --- 'n that's give me more confidence 'n comfort to take any entry 'n exit point.

masemus · #40 (**permalink**) 02-14-2008, 12:14 AM

less indicator will give less false signal --- only trade in d right time 'n d right signal --- yeah, less trade but profitable!

Set :
EMA 50
EMA 120 === as a Trend
RSI 14, 17, 20, 23

--- SiGNAL ---
BUY if === all RSI movin' up > 50 && Candle above EMA 50 & EMA 120
SELL if === all RSI movin' down < 50 && Candle below EMA 50 & EMA 120
EXiT === just don't let ur (+) back to be (-) pips
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"LESS is MORE"