Having gone through some of the threads in this forum, I have a simple system that follows the trend and very profitable. here is the rules

Trading Setup
Currency: EURJPY or Any currency of your choice
5 EMA applied to the close
 10 EMA applied to the close
 Stochastic (10,3,3)
 RSI (14)

Trading Rules
Stop Loss = 30 pips
Entry Rules
1. Enter long if:
o The 5 EMA crosses above the 10 EMA and both stochastic lines are
heading up (do not enter if the stochastic lines are already in the
overbought territory)
o RSI is greater than 50

2. Enter short if:
o The 5 EMA crosses below the 10 EMA and both stochastic lines are
heading down AND (do not enter if the stochastic lines are already
in oversold territory)
o RSI is less than 50

Exit Rules

 Exit when the 5 EMA crosses the 10 EMA in the opposite direction of your
trade OR if RSI crosses back to 50

That is all about the system

Happy Pipping
Elekofehinti Olusola
forexcashcow
Forex profits

Attached Images

	trend following.gif (63.5 KB, 2013 views)
	trend following2.gif (64.7 KB, 1956 views)

Amazing. This simple trend following system generated over 500 pips betwwen yesterday and now on EURJPY and about 600 pips on GBPJPY.
What a harvest..of.............................Piiiiiiiii iiiiiiiiiiiiiips

Happy piping
http;//www.forex-cashcow.blogspot.com
Forex profits

Attached Images

trend following3.gif (63.4 KB, 1901 views)

Nice System,here are my chart from example GJ and UJ, my TP is the Red 55 ema.
Best regards and nice pips.

Attached Images

	gbpjpy.gif (28.3 KB, 1845 views)
	usdjpy.gif (25.5 KB, 1842 views)

Berti,
Thanks for acknowledging the system as a nice one. Dont you think using 55ema as Tp cuts your profit short? In my own view, you will not maximize the trend.
All the same Thank you

The system looks good but I have a question. Your posting pictures from May. Why is that? Not to mention all the pictures you post show great entry trades, but your account is always at $520. Looks to me like your basing a system off past data. Which we all know is usually no good live.

I shifted the chart backward that is why you saw may. But the day i posted it was sept 15. It is a system i have been using for some time and it has made me money. That account is a mini account and the opening balance was $200. Made the extra 320 using this system

Try it on demo for some time and see for yourself how profitable the system is

Thank

Just wondering, I'll look into it a little more.

System is indeed interesting, Thanks for sharing.

Hi fellow pip hunters,

I've been testing this on USDJPY and found that it produces a lot of false signals. You need to use this method with caution with any very fluid pair.

Limstylz,
Thanks for your post. What Time frame are you using? if you use timeframe lesser than I hour you are bound to see false signals. I use I hour and it is working for me.
Happy pipping

sola